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This may be true. But it's also true that Robinhood's business model took a massive reputation hit amongst its core user base as a result of this.

Some people were utterly delusional about what was going to happen with GME, but Robinhood's business model was based around providing low friction trades to the sort of consumer who makes casual trades based on what they hear on the internet: i.e. exactly the person most likely to be delusional about GME and likely to subscribe to someone else's theory it was all their broker's fault really. Even the name is a nod to the delusion trading stocks is a place for poor amateurs to fleece deep-pocketed professionals and not the other way round!



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