3,859 karma · joined June 30, 2012
As a sibling comment points out, Fidelity is seemingly a reputable enterprise with other business that would be adversely effected by poor management of this product and the reputation harm that would come with it.
Among other features Wealthfront are trying to manage around the $250K FDIC limit for you by moving your money into multiple insured accounts - this is probably a new area with not enough regulation.
The archive link shows something a little more nuanced than Yotta presenting as a bank.
The archive link in gp has a hero text that says “banking” and then a few lines down says: Yotta is a financial technology company, not a bank. Banking services provided by Evolve Bank & Trust and Thread Bank; Members FDIC.”
If I’m reading this as a consumer I’m thinking my money is protected but this Yotta thing is a lottery incentive to put deposits into those banks, maybe some loyalty incentive or marketing scheme on top of it?
Lesson learned, don't trust “not a bank” to deposit your money into the bank for you.
Later in my career I became a solution architect and it was a struggle early. I think something like 99% of people in corporate are visual and literally could not understand the solutions I’d vocalize even when I’d talk to them like they were 5 years old. A more seasoned architect told me taught me sequence diagrams and abstractions. I got good at Powerpoint and my programming skills suffered as a result of using different parts of my brain more and less.
I’d love to make it dumb or at least get rid of the nags to accept t&c or connect when someone accidentally hits the wrong button on the remote. Anything out there to do that?
Also would have loved to see mention of the hijinks that goes on around half-ass features often in conjunction with the abuse of the term MVP.
There were occasional situations where esoteric hardware support was iffy (especially software driven win modems). I anecdotally believe there’s a better experience today but would probably pay attention to GPU and wifi hardware.
Install is a breeze, probably one of the better install experiences out there. The port system was very easy to use to install 3rd party apps. Also pretty easy to build most things from source or modify for its particular differences.
The community around source contribution takes a little adjustment since there is a real focus on the OS design goals and less so on specific edge cases. Contributing to ports is a little more accessible.
I’ve used FreeBSD around the same time with similar experience. A little larger of a community there though I found OpenBSD’s contributors to be highly engaged and accessible.
The world has become a less trustworthy place for a lot of reasons and AI is only making it worse, not better.