[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Zero Cool đ [@JayWisdom12](/creator/twitter/JayWisdom12) on x XXX followers Created: 2025-07-23 08:00:50 UTC Robinhood Crypto thinks itâs playing it smartâsafe rails, legal insulation, user-friendly UX. But what theyâve really done is build a walled garden of synthetic ownership where users take on all the risk and none of the power. No FDIC, no SIPC, no forks, no guarantees. Your crypto? Held in omnibus wallets they control. Your access? Permissioned. One typo in a wallet transfer? Itâs gone foreverâand they wonât lift a finger to help. They say you own your coins, but they can freeze your account, close it, or forfeit your âdust balanceâ at will. You canât sue. You canât join a class action. You donât even get true staking rewardsâjust estimates they can change at any time, minus commissions and minus control. Forks? Youâre out of luck unless they feel like supporting it. If Ethereum forked tomorrow, Robinhood gets to decide if you see the new asset or not. And if they donât? Too bad. Their arbitration clause ensures youâre locked out of any meaningful recourse. Itâs crypto with all the centralization of a bank, minus the protections of a bank. Itâs Web3 with Web2 trust assumptions. Theyâve built a product that misunderstands the very soul of what crypto was created for: self-custody, decentralization, permissionless access. The irony? The smartest thing Robinhood could do is opt out. Kill the product. Exit the custody game. Focus on being an on-ramp, not a jail. Let users bring their own wallets. Let them interact with real networks, forks and all. But instead, Robinhood wants the optics of crypto without the accountability of crypto. Theyâve recreated the stock market with fewer rules and more riskâfor the user, not for them. They think theyâre protecting you. What theyâve actually done is protect themselves from you. And in crypto, thatâs not safety. Thatâs betrayal. XX engagements  **Related Topics** [coins wallets](/topic/coins-wallets) [fdic](/topic/fdic) [playing](/topic/playing) [$hood](/topic/$hood) [stocks technology](/topic/stocks-technology) [Post Link](https://x.com/JayWisdom12/status/1947929888679162225)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Zero Cool đ @JayWisdom12 on x XXX followers
Created: 2025-07-23 08:00:50 UTC
Robinhood Crypto thinks itâs playing it smartâsafe rails, legal insulation, user-friendly UX. But what theyâve really done is build a walled garden of synthetic ownership where users take on all the risk and none of the power. No FDIC, no SIPC, no forks, no guarantees. Your crypto? Held in omnibus wallets they control. Your access? Permissioned. One typo in a wallet transfer? Itâs gone foreverâand they wonât lift a finger to help. They say you own your coins, but they can freeze your account, close it, or forfeit your âdust balanceâ at will. You canât sue. You canât join a class action. You donât even get true staking rewardsâjust estimates they can change at any time, minus commissions and minus control. Forks? Youâre out of luck unless they feel like supporting it. If Ethereum forked tomorrow, Robinhood gets to decide if you see the new asset or not. And if they donât? Too bad. Their arbitration clause ensures youâre locked out of any meaningful recourse. Itâs crypto with all the centralization of a bank, minus the protections of a bank. Itâs Web3 with Web2 trust assumptions. Theyâve built a product that misunderstands the very soul of what crypto was created for: self-custody, decentralization, permissionless access. The irony? The smartest thing Robinhood could do is opt out. Kill the product. Exit the custody game. Focus on being an on-ramp, not a jail. Let users bring their own wallets. Let them interact with real networks, forks and all. But instead, Robinhood wants the optics of crypto without the accountability of crypto. Theyâve recreated the stock market with fewer rules and more riskâfor the user, not for them. They think theyâre protecting you. What theyâve actually done is protect themselves from you. And in crypto, thatâs not safety. Thatâs betrayal.
XX engagements
Related Topics coins wallets fdic playing $hood stocks technology