Robinhood, Coinbase, Microsoft: Never Forget What Centralized Corporations Do When they get Desperate.
3 min read
Robinhood
Don’t buy Crypto on Robinhood . The company almost went under on a 3B margin call over illegal GME paper trades. They restricted buying on doge, then Bullshitted their way out of it when officials questioned them.
Coinbase
Had to dish out $6.5 Billion in fines for using bots to manipulate prices. They have also been forced to report trades you do to the IRS taking away your own responsibility to do it yourself. Yeah yeah. They have to comply. Everyone wants to watch what you are doing. The little guy while the same corporations get away with murder avoiding taxes by use of offshore banking methods. Rules for thee but not for me.
Microsoft
The CIA in 2017 in wake of Trump getting elected turned every windows PC into spyware as if regular citizens were a threat. Just a switch and bam, they have a backdoor into what you look at, who you voted for, your crypto or whatever they want to use for whatever purposes. I’m sure some of it involves a little bit of taking your information and selling it to the highest bitter.
https://wikileaks.org/ciav7p1/
Actively suppresses innovation of competing app stores. Take AppCoins $APPC. By Aptoide. A perfectly legal appstore out of Portugal that would offer you free apps that you would have to pay $1 for on Playstore. They have incentives for users if they play or use certain apps the creator awards you more appcoins for your time so you can use that for in app purchases or purchase apps you couldn’t previously afford.
Aptoide took google to court several times for dirty practices and won a couple.
They also have massive Influence like paying bloggers to tell everyone Aptoide is illegal.
https://joyofandroid.com/illegal-android-apps/#:~:text=Aptoide,you%20can%20download%20and%20install.
Illegal because the play store doesn’t allow competing appstore apps. Yeah, that’s not what defines illegal to have on your phone. It gets downloaded form their site direct. Not play store
Yeah that doesn’t make it illegal. They went as far as deleting it entirely off your android whenever there was an update.
Aptoide was suppressed so much, and in combination with the crypto market crash, it really hurt their adoption big time.
Well, they were fishing traction fast in 2018. 300M users. Free crypto. Obviously you can’t let your market share tumble while the little guy gets a little more out services. You can lose a few billion if you let Aptoide run free. Especially during bullmarkets.
So remember..
Decentralization. It starts by deleting your popular centralized apps like face book and start using decentralized platforms for social networking like Diaspora.
This is where it starts. People have the power all they have to do is act.
These people aren’t there for you. They are their for themselves. They don’t want the little guy to get ahead on their dime.
Crypto is our future. Hold BTC, ETH etc.
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