The latest in the saga of WallStreetBets vs the world.
This episode is sponsored by Nexo.io.
In this edition of the Breakdown’s weekly recap, NLW looks at:
- Robinhood’s ham-fisted explanations for why it shut down buying for GME and other stocks
- Why the root cause seems to have been insolvency
- How politicians are gearing up for political inquiries around the trading shutdowns
- How WSB is reacting to the shutdown attempts
See also: Jill Carlson: The GameStop Stop Is Not a Technology Problem
This week on The Breakdown:
Monday | The Bitcoin Whales Won’t Stop Buying
Tuesday | ‘The 4 Wars We Could Fight With China,’ Feat. Kyle Bass
Wednesday | Why Bitcoin Has More Ideological Flexibility Than We Think
Thursday | WallStreetBets Is Occupy Wall Street With Teeth
Friday | In Retrospect, It Was Inevitable: Elon Musk Pumps Bitcoin to Space
Image credit: Tiffany Hagler-Geard/Getty Images