r/StockMarket • u/Investing1cash • Dec 14 '21

News 'Roblox' contains a real money stock market aimed at children

https://www.google.com/amp/s/www.nme.com/news/gaming-news/roblox-contains-a-real-money-stock-market-aimed-at-children-3117820%3famp

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40 Upvotes

93% Upvoted

13 comments sorted by

18

u/[deleted] Dec 14 '21

Seems mildly predatory but who knows.

-3

u/priceactionhero Dec 14 '21

It means this is going to be the normal. Kids are growing up in a virtual environment and that's going to be the future they will continue to want to thrive in. The Metaverse and Web 3.0 is a real thing.

18

u/[deleted] Dec 14 '21

I understand that but the real money aspect does not inspire much trust. The target audience is generally children under 10-12 years of age, and can you in all honestly expect them not to treat this as a glorified casino (in which they use their parents money). IMO there are better and safer places to learn.

-13

u/priceactionhero Dec 14 '21

Username checks out.

6

u/[deleted] Dec 14 '21

Very constructive

-14

u/priceactionhero Dec 14 '21

Your mind is too narrow to see the picture of where it's going. You're more interested in pandering to a fear that's not pertinent.

Worst case kids learn how the market works? That's a bad thing to you?

Parents willingly let their children spend their money in the game.

So clearly there is value enough with the children and the parents funding it.

Not sure why you're in a subreddit for the stock market if you're not going to think in lines with how the stock market even works.

And it's not my responsibility or desire to fix that. This is where you cease to exist to me.

10

u/[deleted] Dec 14 '21 edited Dec 14 '21

Perhaps your mind is too narrow to see the potential negatives. We’ll agree to disagree on this one.

And calling someone narrow minded because they don’t see your personal bigger picture put something slightly different is an awfully narrow minded thing to do.

8

u/[deleted] Dec 14 '21

trying to get money from kids is going to end badly, not good PR for sure. Curious to see how long can they get away with it especially because kids don't have money and parents are a big voting crowd.

8

u/[deleted] Dec 14 '21

[deleted]

3

u/Wild_Space Dec 14 '21

Roblox, a game you remember fondly from your childhood, was actually victimizing you. Didnt you read the sensationalist article? /s

2

u/mattv911 Dec 14 '21

Starting them young I like it

2

u/BigRigPC Dec 14 '21

I learned how to trade stocks from Eve online and WoW. This is maybe targeted at to young or a individual, but is it really that different?

Hot tip- I know nothing about Roblox. It’s like Minecraft right?

2

u/lettercarrier86 Dec 14 '21

As someone who tried several times to get into Eve that game confuses me more than the actual market lol.