crazy
1.8K posts

crazy
@crazyluvguy
not a bot, just a fellow spectator.


LIVE NOW - Robinhood’s Plan to Capture the $90T Wealth Transfer The next great battle in finance may be over where the $70-90T wealth transfer actually lands. Ryan and David sit down with @vladtenev to talk Gen Z and retirement, tokenized stocks, 24/7 markets, prediction markets, private-market access, and why @RobinhoodApp wants to become the default financial platform for the next generation. --- TIMESTAMPS 0:00 The $70–90T Wealth Transfer and Robinhood's Strategy 4:01 Finance in 2040: 24/7 Markets Everywhere 6:06 Tokenized Stocks, Robinhood Chain, and the U.S. Rollout Question 11:22 Robinhood's Full-Stack DeFi Vision 14:31 Prediction Markets as “Truth Machines” 17:06 Robinhood Social, Sherwood Media, and the Content Layer 21:44 Why “Entertainment Finance” Might Be Overstated 25:03 Gen Z Is More Retirement-Savvy Than You Think 30:54 Trump Accounts and Investing From Birth 36:21 The Financial Super App Race 39:30 Why Robinhood Is Not Prioritizing Peer-to-Peer Payments 42:22 Stablecoins, Bank Charters, and Consumer Reality 49:30 The Clarity Act, Stablecoin Yield, and Tokenized Assets 55:16 Perps Could Come Onshore Fast 57:12 Retail Access to Private Markets 1:00:52 Robinhood's Third Act: Social, AI, and Agentic Finance



I know that posting about Persona these days is a decent way to generate engagement, but tbh, I never expected to be catching a stray from Proton (which I am and remain a big fan of). First, just to clarify some of the points regarding Persona: 1/ Although we are capable of running 269 checks, they're split across more than 40 types of verifications. Many of these verifications are gated and require additional due diligence to gain access. There is no customer who is even close to using all 269 checks. And as far as I'm aware, there is no customer of ours who would be so sadistic to put any user through 40 different verifications (might as well just forcefully churn them at that point). 2/ Regarding sanction watchlists, these are used and required by our financial services customers for KYC/AML who make up a significant part of our business. The face comparison is only performed if there is a false positive match against the watchlist, and this is common practice to dismiss a match (given that 99%+ of sanction matches are false positives). 3/ As you stated, data can be retained for "up to 3 years". This is the *max* that a customer can choose to. X is actually configured to redact your data immediately after you are verified. Despite the recent media attention, Persona is actually not an age verification business. Our core business is securing how personal and sensitive data is collected, retained, and redacted. While many other identity verification providers exist, platforms like X choose to partner with us because of our unique focus on building the best-in-class controls for data access, security, and retention for them. Lastly, we are and remain huge fans of Proton. I believe our teams have actually spoken in the past to explore ways Persona could collaborate with Proton Pass. And I've also personally had a Proton Mail since 2015 during its beta. Although I understand (and honestly, really respect) your position on age verification for VPNs, I'd still be incredibly excited to explore other ways our teams could work together in the future!


After much reflection, I have decided to resign from my position as Director of the National Counterterrorism Center, effective today. I cannot in good conscience support the ongoing war in Iran. Iran posed no imminent threat to our nation, and it is clear that we started this war due to pressure from Israel and its powerful American lobby. It has been an honor serving under @POTUS and @DNIGabbard and leading the professionals at NCTC. May God bless America.

Robinhood is releasing a $695 a year platinum-plated credit card that includes: - Unlimited lounge access at 1,800 airports with TSA pre-check and global entry - $250 annual credit for Doordash - $250 restaurant credit - $500 travel credit - $300 hotel credit - more










My @RobinhoodApp shorts came today. 🔥 $HOOD















