Yes, I believe it's obvious that #Robinhood did not do this for their bottomline. Rather it is a way for them to differentiate themselves from their more traditional competitors.
It is very clearly a branding and positioning move. A statement of "we are cutting edge and thinking of the future while our competitors are stuck in the past." And it gets them from free publicitiy to boot.
I think that strategty was a smart one as it won't really cost them much to accept the currency, but looks good for it nonetheless.
Can you give some examples? For the life of me, I can't think of any solutions that would rectify these problems without inherently and fundamentally changing what cryocurrencies are.
@[Moon Kil Woong](user:5208), the issues that you stated can not be resolved. The whole purpose of #cryptocurrency is avoid gonverment regution and a paper trail. Without that, all you have is #Paypal or #ApplePay.
That would never happen, Howie. To be FDIC insured, the government would have to get involved and there would need to be a paper money trail - crypto currencies were created to avoid all that.
Good comments @[Doug Morris](user:14824). But the US is not North Korea or China, where that is a real threat. There would be too much outrage here if cryptos were outlawed. Besides too many people invested too much to allow that to happen and many of these same people have the politicians in their pockets.
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Fintech Startup Robinhood Announces It Will Support Cryptocurrency Trading
Yes, I believe it's obvious that #Robinhood did not do this for their bottomline. Rather it is a way for them to differentiate themselves from their more traditional competitors.
It is very clearly a branding and positioning move. A statement of "we are cutting edge and thinking of the future while our competitors are stuck in the past." And it gets them from free publicitiy to boot.
I think that strategty was a smart one as it won't really cost them much to accept the currency, but looks good for it nonetheless.
Facebook Tumbles After Daily Users Miss, Zuck Warns "Users Spending Less Time" On Site
Why does #Facebook ban #bitcoin ads?
Bitcoin Technical Analysis, Gold/Silver - Tuesday, Jan. 30
Good stuff. Lately I can't get enough of #bitcoin! it's been one heck of a wild ride! $BITCOMP.
Bitcoin’s Value: Probably A Lot Higher Than You Think
Can you give some examples? For the life of me, I can't think of any solutions that would rectify these problems without inherently and fundamentally changing what cryocurrencies are.
Is The Shine Coming Back To Silver?
I think #gold and #silver will suffer as long as the #bitcoin and #crypcurrency craze continues. $GLD $SLV $BITCOMP
Facebook, Apple, Google And Amazon's Q4 Earnings
I won an Echo Show a couple of months ago - probably because I comment so much. It's been pretty cool. Thanks TM!
Bitcoin’s Value: Probably A Lot Higher Than You Think
@[Moon Kil Woong](user:5208), the issues that you stated can not be resolved. The whole purpose of #cryptocurrency is avoid gonverment regution and a paper trail. Without that, all you have is #Paypal or #ApplePay.
Cardano's ADA Could Be The Third Largest Cryptocurrency By The End Of The Year
It's getting to the point where I'm starting to create my own #cryptocurrency!
Regulation And Goverment Re Cryptocurrencies
That would never happen, Howie. To be FDIC insured, the government would have to get involved and there would need to be a paper money trail - crypto currencies were created to avoid all that.
Regulation And Goverment Re Cryptocurrencies
Good comments @[Doug Morris](user:14824). But the US is not North Korea or China, where that is a real threat. There would be too much outrage here if cryptos were outlawed. Besides too many people invested too much to allow that to happen and many of these same people have the politicians in their pockets.