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RE: Robinhood Financial Has 1 Million Traders Waiting to Trade on New Crypto Platform
I am excited that Robinhood is going to allow anyone to trade crypto but not a big fan of the way it works. You cant hold your own private keys and never really own it. I still think its a huge positive step to get crypto more mainstream, but I personally will not be buying any on it.
It's definitely chasing a different segment of the market- the folks who are maybe not going to get into the real-deal of decentralization and the blockchain, but want to make money on it as an asset they can day-trade. That said, who knows how the attitudes of people learning on Robinhood will evolve as they learn about cryptos through the platform?