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Market structure

Decentralisation and control · 10 Jul 2026

How the fuck are so many of you bullish on a broker-owned finance chain just because they slapped “onchain” on it? Lmao

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How the fuck are so many of you bullish on a broker-owned finance chain just because they slapped “onchain” on it? Lmao

Robinhood can call it whatever it wants. A chain built around a centralized brokerage stack is another corporate rail trying to capture flow, users, assets, fees, attention, and whatever is left of retail’s memory.

What else do you need before you finally pull your fingers out of your ass and inform yourselves?

Did you already forget GameStop?

Did you forget what happened when retail was winning too hard and platforms suddenly decided which buttons people were allowed to press?

Did you forget how much damage centralized exchanges, centralized lenders, centralized bridges, centralized custody, centralized “trust me bro” products, and corporate middlemen have caused in this space?

Or is all of that irrelevant now because someone promises a few dollars of upside and wraps the same old control structure in Web3 language?

This space screams about decentralization until a large company arrives with a shiny product, a ticker, a narrative, and a marketing budget.

Then suddenly everyone forgets the last 10 years of pain and starts clapping for the exact structures crypto was supposed to make less powerful.

Use your fucking brain for once.

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Original on X ↗

https://t.co/UwSYH0Sv0X

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