its bleeding on to HN as well. Just take a look at my comments that criticize their conspiracy theory.
They seem to monitor this threads on HN and downvote anything that doesn't fit their HF "deep state" narrative.
OR its likely that "smart" HN users bought into the hype and they are fully bought into the narrative that blames external factors than their own due diligence.
The whole hedge fund colluding conspiracy has been debunked [1]
RH and Citadel weren't colluding at all. It was their clearing house (Apex, which is used by almost 50% of brokerage firms) that demanded they raise the collateral by 100% which in turn required the brokers to stop transferring shares as the clearing house were not comfortable with floating large number of shares with limited quantity and high volume.
I'm afraid that because WSB has politicized this to "David vs Goliath" without even considering that a small group of their users ARE the real Goliaths, hyping and mobilizing their userbase incapable of critical thinking to drive share prices up and down.
Now they are simply going to make life more difficult for retail traders and we are going to see new regulations against using social media to pump up stocks.
I hope that those people who were pumping up $GME, saying it was going to $30,000 have been using Tor or VPN. The conspiracies coming out of WSB has been nothing short of Qanon-like in terms of its vigor, fixation and paranoia. It feels exactly like what r/the_donald was in 2016 before they were rightfully shut down.
also does this mean that static sites now can scale without relying on db???
what other implications and application do you see?
wonderful work!!!! please let me know how i can donate