With Robinhood, “you’re able to put it on your homescreen and flip between Instagram and Snapchat; it doesn’t feel as serious as…

investment, capitalism, kapital, memes, stonks, gamification, 2021, WSB

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With Robinhood, “you’re able to put it on your homescreen and flip between Instagram and Snapchat; it doesn’t feel as serious as it used to,” he said. “It’s just an app you open up on your phone, there’s graphs, and numbers, and it’s easy to understand and learn really quickly.”

Many young users on the WallStreetBets forums have complained that no matter what they do, the deck is always stacked against them. Many say they seek to expose the entire financial system for the game that it is. Meme stocks are part of that. Some will hype up a novelty stock or trade it as a stunt.

(via https://www.nytimes.com/2021/01/29/technology/stock-traders-reddit-tiktok-youtube.html )