[mrguyorama]

>And one time the plebs got one over on the financial class (the GME thing) they literally "shut it down".

That's not what happened. Robinhood (and a couple others) weren't prepared for a stock with no fundamentals to be bought by everyone, so they didn't have the collateral for it that was required.

[andirk]

It wasn't as nefarious as it seemed at first, but the fact is the systems of investment currently in place do not allow for plebs to manipulate it in their favor. I was only an observer rooting for the common man, but I still have a difficult time seeing Robin Hood as a useful tool when they were not able to execute basic buying of an EFT on an open market.

[logicalmonster]

"Your honor, my client didn't throw Joe out of the window, he merely defenestrated him at high velocity."

"Oh I see. That's totally different. Case dismissed."

[kayamon]

How did they not have the collateral? The customers money is the collateral.