BOYCOTT ROBINHOOD!!!

This information is being banned on reddit. It seems that trending hashtags of DOGE are also being shadowbanned. Big Tech and the establishment is against us. Please do everything in your power to share this directly with people and on other platforms as well, BUT MOST IMPRTANTLY OF ALL STOP PEOPLE FROM BUYING ON ROBINHOOD AS THE PRICE WON'T GO UP WHEN BUYING ON ROBINHOOD!

I use kraken.com

##PREFACE

This is the truth about what happens to your money when you buy cryptos on robinhood. Robinhood is TAKING THE MONEY MEANT TO BUY DOGE, and instead is using it to fight the war against r/wallstreetbets. They have no obligation to buy doge and they probably won’t either.


If you feel this information is accurate, please share with everyone using robinhood. Doge won’t rise if all the purchases are on robinhood. It’s that simple


##THESIS
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**RobinHood has no obligation to buy DOGE for you.**

##[READ THE TOS](https://cdn.robinhood.com/assets/robinhood/legal/Robinhood%20Crypto%20User%20Agreement.pdf)

**RobinHood moves your money to another company after you make an order to buy the crypto. After that, it disappears. You are only left with a CREDIT from them (not an actual coin, so there’s no proof they purchased it for you) saying you can come back and exchange the credit for money. They are not purchasing DOGE on your behalf. They are letting you throw money at them, and you are not affecting the price with your purchases on RobinHood.**

They never mention once that they have an obligation to purchase the coins for you on an exchange and hold them. If they bought doge, they’d lose money once everyone pulls out because they’d have to sell the coins faster than the people are selling on their platform.

**BUY DOGE ON A REAL COIN EXCHANGE THAT ALLOWS YOU TO TRANSFER OUT THE COIN INTO A 3RD PARTY WALLET. DOGE ONLY GROWS IF YOU HAVE THE COINS IN A WALLET, NOT HELD IN AN EXCHANGE ACCOUNT**


sources are Robinhood crypto user agreement.

**1. Robinhood Crypto Service (f) "authorization to clearing broker" -" I understand that when I elect to purchase Cryptocurrencies on the Robinhood Platform, I am authorizing and instructing Robinhood Financial to instruct Robinhood Securities, LLC (the "Clearing Broker") to accept such instruction to transfer the funds required for the transaction from my RHC Account to an account in the name of RHC (the “Entity Account”). I acknowledge that legal title to any such transferred funds will pass to RHC to effectuate settlement and that the Clearing Broker does not have the ability to monitor or recall the funds after such funds have been transferred to the external bank account."

**4. Orders (d) "title and ownership" -outlines how the crypto is only owned by you in the form of a credit. You're sort of purchasing chips at a casino.

##TL;DR: robin hood is taking your money, shifting it to another company that has no obligation to purchase the thing you wanted, and robin hood gives you an iou. ROBINHOOD IS NOT PURCHASING DOGE ON YOUR BEHALF AND IS PROBABLY DOING EVERYTHING THEY CAN TO KEEP THE PRICE DOWN.


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##CLOSING STATEMENT
Remember this above all else. If they sell you the coin, but you can’t use it on a different website, you don’t own the coin and your purchase had no effect on the price. You probably helped them lower the price of DOGE without even realizing it

Robinhood is taking all the money these investors are giving them and instead of buying doge, robinhood is buying other stuff, or handing it to the Wall Street thugs who lost money last week

If you buy the coins on a different platform and transfer it to your wallet, then the prices will move up and STAY up. That’s how we win this.
#BOYCOTT ROBINHOOD

Join the fight here
r/BCRobinhood