0 sats \ 1 reply \ @ek 7 Oct 2022 \ parent \ on: Live graph of Ethereum regulatory capture bitcoin
Now that I think more about it: Even the name "Robinhood" is similar and hilarious. It suggest to give power back to the people or to "rebel against tyranny" [1], but it's doing the exact opposite; exploiting retail even more.
[1]
In popular culture, the term "Robin Hood" is often used to describe a heroic outlaw or rebel against tyranny. -- https://en.m.wikipedia.org/wiki/Robin_Hood
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25 sats \ 0 replies \ @ln_cortado 7 Oct 2022
The rabbit hole goes deep :)
I was much into DeFi when I first heard about it - the theoretical idea is good but this current iteration is nothing close to it. It's re-designing centralized finance with a bit less obscurity but a lot more fake promises.
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