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PaywallBuster

1,224 karma · joined September 15, 2019

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PaywallBuster··on Our VC told us they won't follow for Series A. At the worst moment
Most neobanks don't start with a banking license.

So they're the equivalent of Paypal (Money transmitting license?)

They can hold/transfer money but they're not protected by regular banking deposit garantees.

So yes, they can have reduced costs/regulatory overhead when starting up.

Also they avoid legacy infra (physical and digital)

- No 1000s of branches/employees across the country

- No legacy digital systems (Mainframes/COBOL)

- No M&A spaguetti from acquiring 10x banks over time

PaywallBuster··on Subprime loans for college hiding in plain sight
I wonder what's the thinking behind signing up for these courses and get into life long debt with no expectations of how to pay it back
PaywallBuster··on 46% of ETH POS post merge is just two addresses
https://twitter.com/solanobahn/status/1547604262527463424
PaywallBuster··on Ask HN: Cloud certifications and job prospects. Is there a real connection?
YOu can get the certs by studying and doing quizzes on the online learning platforms.

You probably want to get hands-on experience and put stuff up on Github if you actually want it to make a difference.

PaywallBuster··on “Secrets” about the consumer audio business you may find interesting
I think the most interesting is that brands that claim to have the best R&D and most advanced technologies are simply picking supplies from 3rd parties.

The 3rd parties and universities are actually doing the research&development and manufacturing.

PaywallBuster··on Ask HN: Anyone hosting their own videos?
I guess their competition is AWS and the public cloud alikes, and pricing is good enough to compete

But yeah, "marketing driven" price

PaywallBuster··on Ask HN: Anyone hosting their own videos?
Haven't tried 50+ mins, but 10/20 mins usually done in 1/2 hours including HD transcoding?

I guess self hosting is good enough for you!

PaywallBuster··on A serverless architecture for high performance financial modelling
I'm sure billing is not a problem 99% of times

but if aws support decides not to help, or won't clear as much as expected

you'd have a credit to AWS which they could possibly try to collect by other means besides direct debit, such as debt collection

PaywallBuster··on A serverless architecture for high performance financial modelling
plot twist:

Static website hosted in Netlify, Github/Gitlab pages or Cloudflare.

No point using AWS - 1000 pound gorilla with dozens of services and features PLUS _unbounded_ billing - if you have only a basic use case such as static page

PaywallBuster··on A serverless architecture for high performance financial modelling
maybe Google App Engine or AWS Beanstalk

unless you're ok to build your own docker images, then fargate already mentioned should be good

PaywallBuster··on After a Legal Fight, Oberlin Says It Will Pay $36.59M to a Local Bakery
is this considered taxable income?
PaywallBuster··on A Long-Lost Branch of the Nile Helped in Building Egypt’s Pyramids
https://phys.org/news/2022-08-khufu-nile-river-giza-stones.h...
PaywallBuster··on Citibank may lock bank accounts for 45 days if breach suspected
That was an EU bank

I did contact a regulator body once I got access to my account

1. It was difficult to use unless native

2. They're basically doing mediation, will ask feedback from me and the bank and end with the bank follow their "procedures" so my problem for "being away"

Anyway, now I'll make sure to have multiple bank accounts across multiple jurisdictions

PaywallBuster··on Citibank may lock bank accounts for 45 days if breach suspected
ABN AMRO

Not that it makes a difference, I see their facebook page have 1.6 stars

PaywallBuster··on Citibank may lock bank accounts for 45 days if breach suspected
I also try to diversify between currencies (at least EUR/USD/some crypto)( and "asset classes" (stocks/crypto/some sort of business)

stocks are also diversified (different segments of the economy and geographies)

but yeah, unlucky at that time!

Under normal circumstances, would be easy to fly back within 3 months

PaywallBuster··on Handwritten thank you notes increase sales
more like "Do things that don't scale"
PaywallBuster··on Citibank may lock bank accounts for 45 days if breach suspected
I used to have 90% of my money in a bank

Moved to a foreign country during covid

Meantime, the debit card expired, 3 months later when I try to login to mobile app/internet banking, can't do anything without the debit card.

Call the bank to send new one

3 month waiting

Call them multiple times: we can send new one but we'll cancel the one 'in-flight. Do you want to do that or wait another week?'

Eventually I requested a new one, two times

1 year waiting

The last phone call the staff admited they could be getting stolen

I've requested multiple times to send the card by Fedex or DHL they refused to do anything that didn't follow "their process"

A debit card sent by untracked letter!

Meantime they refuse to give me any alternative access to the account, move any money or make any transactions.

Lesson learned, don't trust _ONE_ bank with your savings/banking needs!

Can't be safe unless you have multiple bank accounts, crypto, and some nice friends.

PaywallBuster··on A Message from Signal's New President
her profile links to an empty Github profile created days ago too
PaywallBuster··on Google blocks Truth Social from the Play Store
Project Veritas captures some interesting bits undercover from the left wing media https://www.projectveritas.com/
PaywallBuster··on NordVPN Review
or a feature

Traffic coming from your IP would be mixed up with unrelated traffic

PaywallBuster··on HashiCorp’s multi-product strategy
> $630B Industry

They're not actually competing for the $630B

PaywallBuster··on Tell HN: Google Cloud suspended our production projects at 1am on Saturday
Not exclusive to GCP.

Backblaze has previously locked our account on a saturday.

They claim we were putting too much pressure on their cluster.

They could've locked the 1! token that was causing 90% of the load, but they locked the whole account which was used by 10 different apps for a veriety of purposes causing unecessary downtime in some production workloads.

Also the workload has been quite consistent for days/weeks, so they could've detected it earlier and/or address it in a better way.

PaywallBuster··on Serving Netflix Video Traffic at 800Gb/s and Beyond [pdf]
Used it dozens of times, usually works fine for the popular content.

Good quality, barely any buffering.

The niche content may be too difficult for a "live" streaming experience.

PaywallBuster··on Housing is at the root of many of the rich world’s problems (2020)
+ specialization

most of those jobs in the 80s require only basic education

but when you have thousands of graduates coming out of universities, they'll be looking at very specific job positions, not any office job near home

PaywallBuster··on AWS GuardDuty – the Good, the Bad, and the Ugly
Lambda/dynamo can work quite well

Dev/staging environments are virtually free

Prod will cost more depending on usage, but you could optimize costs and add caching (like cloudflare - at cdn level)

PaywallBuster··on Tell HN: Unpaid home assignments are not ok
> Companies do pay a lot to fly candidates, put them in hotels and feed them for onsite interview.

I tend to see 1) quick phone call with recruiter 2) please make assignment

in Europe at least

PaywallBuster··on Give nothing, expect nothing: Gitlab latest punching bag for entitled users
There's other limits that he/you could be hitting and require an upgrade
PaywallBuster··on Give nothing, expect nothing: Gitlab latest punching bag for entitled users
Gitlab gained millions of users by boasting their OSS offering and generous free tier on the managed service.

It's a market economy and as a startup, Gitlab took a strategy to differentiate and grow.

Wouldn't say users are taking advantage of "Gitlab Inc"

PaywallBuster··on The Reason Why Are Trucks Getting Bigger
Personally

Bikes: flows like water Cars: "flows" like Tetris

Some developing countries have a big majority of people moving around in bikes and it feels so much better (albeit chaotic).

Other countries have developed a local auto industry and ofc it became a big business which the government is happy to "promote"

PaywallBuster··on Give nothing, expect nothing: Gitlab latest punching bag for entitled users
I think the most painful point is that they removed the 5$ plan and require their _anual_ subscription to be paid upfront.

Lots of people use only the basic features (git, issues, merge requests, maybe the CI with Gitlab runners or self hosted runners)

The premium package may be too much, for people who are not interested in the 100s of premium/enterprise features they Gitlab is building or where paying per seat quickly becomes uneconomical.

Shameless plug: I'm building a managed Gitlab hosting at https://hosted-git.com/. I'm still happy with the Gitlab product but I think there's a gap in their offering for SMEs/small teams who may otherwise jump ship and migrate to a competing offer given the very competitive landscape!

Hopefully paying per server will be a good alternative and give customers more control.

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