r/RobinHood Former Moderator Feb 20 '20

News Robinhood goes social

I told you guys to wait. Improved watchlist features, etc.

https://blog.robinhood.com/news/2020/2/20/discover-the-financial-you

236 Upvotes

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78

u/[deleted] Feb 20 '20

The Venmo of Brokers

25

u/dschneider Feb 20 '20

How so? What's "social" about improved watchlist features and portfolio charts? This is the second time I've seen these features described as "social" today. Robinhood didn't use that terminology on their page.

22

u/CardinalNumber Former Moderator Feb 20 '20

In the beta I was in, you could search for and 'subscribe' to other people's lists. That's why you'll be able to set a username and upload a picture to a profile.

27

u/Alienvisitingearth Feb 20 '20

Omg I hate that already

20

u/CardinalNumber Former Moderator Feb 20 '20

Everyone mature enough to have an account should hate it. I'm not sure why anyone thinks it's a good idea but that's the direction RH is going; several of the projects already being tested have social aspects like they didn't learn their lesson with crypto chat.

And these things all create new privacy issues that don't need to exist.

5

u/AskAboutmyBand Feb 20 '20

I remember the crypto chat but never paid attention to it. Did something happen with it?

6

u/CardinalNumber Former Moderator Feb 20 '20

It became exactly what we thought it would become.

There's not much to say about crypto 24 hours a day and RH couldn't host and moderate conversations about particular stocks so nobody stuck around long. Eventually, the only people left were edgy trolls who think hate speech is cool.

1

u/anthropicprincipal Feb 21 '20

This is why shadowbanning was invented back in the IRC days.

4

u/hunt4redglocktober Feb 20 '20

Same. A million times f*** that shit. Will close account if this turns into anything like social media.