I disagree. A massive percentage of Americans cannot pay an unexpected $500 expense. Many of those people still buy lottery tickets. This could effectively help people with relatively poor impulse control build up an emergency fund.

This is not targeted towards those capable of shirking all dopamine feedback loops and doing massive amounts of research in order to maximize returns. This is targeted towards your Average Joe.

Not sure why you feel that way -- I don't see it as a gambling site because you aren't losing your money to someone else. The interest seems in line with other saving accounts while having some incentive to encourage saving more? Overall good for you in the long run, isn't it? Inspite of any compulsions to gambling you might have.

Edit: Editing to also say that enticing you to tune in to look at weekly results doesn't help I guess and makes it feel like something you could get addicted to and emotionally frustrated when you don't win? In that sense maybe not good?

Agree to disagree I guess. Throw out the helping the world part. Your definition of gambling just seems off.

By your definition, pretty much anything would be considered gambling? A generic savings account might return less than inflation and you get nothing else for it. A checking account earns 0% and you get nothing else. Is that gambling?

The road to current wealth inequality has been paved by encouraging USD savings. Inflation is an infectious disease to society’s moral fabric. The real virus, if you will.