ALotOfNothing

a few months ago robinhood sent me a gold credit card with extremely high-quality details. i thought it was a ridiculous marketing stunt at the time but now it’s an example i give when talking about great design.

fuck robinhood

Founder friendly VCs in the 90's

Vlad Tenev (Robinhood CEO) told CNBC meme coins are pointless on July 3rd. His chain did $564M in meme coin volume on July 8th. Robinhood Chain launched July 1st. Ethereum L2 on Arbitrum. The pitch: tokenized stocks, RWA settlement, financial infrastructure. Two days later, Vlad goes on CNBC. "What's the benefit of making another million different meme coins?" The future is real-world assets, he said. Five days after that, cash-cat:native surges 1,400% on his chain. DEX volume hits $564M in a single day. Over $1B in 48 hours. Vlad's take: "Works great for memes too." Robinhood's crypto trading revenue fell 47% last quarter. The chain prints fees regardless of what's trading on it. The contradiction is the strategy.

Vlad Tenev (Robinhood CEO) told CNBC meme coins are pointless on July 3rd. His chain did $564M in meme coin volume on July 8th. Robinhood Chain launched July 1st. Ethereum L2 on Arbitrum. The pitch: tokenized stocks, RWA settlement, financial infrastructure. Two days later, Vlad goes on CNBC. "What's the benefit of making another million different meme coins?" The future is real-world assets, he said. Five days after that, cash-cat:native surges 1,400% on his chain. DEX volume hits $564M in a single day. Over $1B in 48 hours. Vlad's take: "Works great for memes too." Robinhood's crypto trading revenue fell 47% last quarter. The chain prints fees regardless of what's trading on it. The contradiction is the strategy.

Vlad Tenev (Robinhood CEO) told CNBC meme coins are pointless on July 3rd. His chain did $564M in meme coin volume on July 8th. Robinhood Chain launched July 1st. Ethereum L2 on Arbitrum. The pitch: tokenized stocks, RWA settlement, financial infrastructure. Two days later, Vlad goes on CNBC. "What's the benefit of making another million different meme coins?" The future is real-world assets, he said. Five days after that, cash-cat:native surges 1,400% on his chain. DEX volume hits $564M in a single day. Over $1B in 48 hours. Vlad's take: "Works great for memes too." Robinhood's crypto trading revenue fell 47% last quarter. The chain prints fees regardless of what's trading on it. The contradiction is the strategy.

Vlad Tenev (Robinhood CEO) told CNBC meme coins are pointless on July 3rd. His chain did $564M in meme coin volume on July 8th. Robinhood Chain launched July 1st. Ethereum L2 on Arbitrum. The pitch: tokenized stocks, RWA settlement, financial infrastructure. Two days later, Vlad goes on CNBC. "What's the benefit of making another million different meme coins?" The future is real-world assets, he said. Five days after that, cash-cat:native surges 1,400% on his chain. DEX volume hits $564M in a single day. Over $1B in 48 hours. Vlad's take: "Works great for memes too." Robinhood's crypto trading revenue fell 47% last quarter. The chain prints fees regardless of what's trading on it. The contradiction is the strategy.

it's crazy seeing the mental gymnastics people are going through just to dismiss the Robinhood chain 'XYZ other chains have launched and they're all dead' Robinhood is literally a $100 BILLION+ publicly traded company and the biggest retail trading platform in the entire world (!!!) it is the official brokerage and initial trustee for Trump Accounts, arguably the most significant new financial product in America right now and for the foreseeable future every single one of the most phenomenal meme asset movements in history involved Robinhood: • it was the biggest accelerant behind the $GME retail mania in 2021 • it was the biggest driving force behind $DOGE's rally to an $88 billion+ market cap after Elon • mere speculation about a Robinhood listing sent $SHIB from a few billion dollars to over a $40 billion ATH in 2021 and now people are comparing this to some random L2 that raised $100 million from VCs desperate to offload on retail it's just like the cultural shift from Ethereum to Solana years ago: many will cope hard here and then submit later like it or not, Robinhood chain is here to stay

Idc I will not trade Robinhood chain

🔥 NOW: Robinhood Chain flips Hyperliquid in 24-hour Dex volume, per DefiLlama data. Robinhood Chain: $433.19M Hyperliquid: $296.23M