Average Millennial Investors Are Rebelling Against Wall Street and Winning
Social media is being used to shake up old school finance (these examples provide proof)
There is a civil war happening in finance.
Normal people are sick of hedge funds and Wall Street taking money from them, as though they are stealing candy from a baby.
The rebellion started with Bitcoin in 2008. A few cryptographers were upset with the bailout of banks that led to the Occupy Wall Street Movement. In the first block of Bitcoin transactions was a hidden message, giving away the genius of his/her/their grand plan.
“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” This message created a Bitcoin movement. That movement is now worth $580 billion. There are several other examples of the internet becoming a platform to peacefully protest against the conventional way investing works.
The rebellion against Wall Street has been ignited further by a group of Reddit investors known as “Wall Street Bets.”
One user bought a stock called GameStop. They’re an old fashion bricks and mortar shop that sells computer games. With digital downloads being the rage, their future prospects seemed grim. One Reddit user bought $50,000…
