The US market is facing an unprecedented cultural and economic war, as a group of individuals face investors and stand in a clear challenge against some of the Wall Street companies.

The campaign led by a group of individual investors increased momentum and caused the value of “GME” stock to rise to a record.

In conjunction with the campaign launched by these individuals, the “Robinhood” platform, which provides trading of cryptocurrencies and shares, announced the suspension of trading in “GME” shares.

So why did Robinhood do this?

“Robinhood” platform and “GME” stock:

The “Robinhood” platform’s announcement of stopping the trading of “GME” shares caused a lot of controversy, as many followers, including “Gil Carlson” who invests in startups in “Slow Ventures” and is passionate about digital currencies, say:

Read:Ethereum transaction fees hit an all-time high

The interfaces of crypto trading platforms are totally and completely bad.

If you are already using it (not by a third party), it is not usable.

Crypto UX is completely disabled.

If you are already using it (not by a third party), then it is unusable. Even for those of us who have done it for the better part of a decade.

– Jill Carlson (@jillruthcarlson) January 24, 2021

While Cameron Winklevoss, co-founder of cryptocurrency exchange Gemini, tweeted:

GME stock has been suspended but bitcoin is still open.

GME dollar Stop. # bitcoin Open.

– Cameron Winklevoss (@cameron) January 28, 2021

As Jeremy Gardner, founder of the Augur decentralized prediction protocol, stated on Twitter:

I think today will likely mark the beginning of the retail race for cryptocurrencies.

The future of decentralization depends on striking a balance between usability and reduced control over existing financial forces.

Read:Surprise… Cryptopia is hacked for the second time in two weeks

On the one hand, there are centralized trading platforms, which allow people to buy cryptocurrencies but have the same downsides as Robinhood.

They can stop trading any currency at any time whether it is due to capacity issues or control issues.

For example, eToro earlier announced potential limits for cryptocurrency purchases to deal with the unprecedented demand for it, and Coinbase had a habit of dropping during high user traffic on the platform.

Also, in light of the SEC’s lawsuit against Ripple, Coinbase and others have delisted XRP for regulatory compliance reasons.

On the other hand, there are decentralized financing tools, among them decentralized trading platforms such as Uniswap, which allow trading cryptocurrencies directly, rather than relying on what is included in a centralized exchange.

But the actual decentralized applications need to work more on the user interface as well as the central applications to adopt them.

In addition to more than just looking good for users, it should provide some degree of security.

A recent report from CipherTrace found that decentralized finance protocols are riddled with scams, pulling the rug out from under the feet of investors.

Read:Binance unveils its report on the IoTeX project

In November, CipherTrace reported that $10 million per month from DeFi protocols were hacked.

Robinhood has worked not because it is the only way to buy stocks, but because it is so simple and because stock purchases are backed up in case of theft.

But it is very bad that she is subjected to pressure and the application of what is dictated to her by higher authorities.

In this regard Tell Paul Viraditakit, Partner, Pantera Capital:

I don’t know if this leads to people buying more bitcoin because people already do, but it highlights the need for decentralized trading platforms and decentralized social media.

Decentralization gives people the ability to make their own financial decisions and the ability to express their opinions.

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