Johnie

20 ms·

151.
by Johnie 11y ago
I thought there was some technological reason (ie battery dead), but it seems like it's just a funding thing. The batteries only had 30 days of life anyway.
152.
by Johnie 11y ago
That doesn't prevent using the dealership as a showroom. In recent years, how we buy high end electronics has changed. People go to Best Buy to look and compare TVs then go back home to do some more research and read reviews and buy o
153.
by Johnie 11y ago
API banking and third party apps is already happening in Germany and Europe. Look at Fidor Bank and Mondo Bank. It's not like anyone can get access to the API. The marketplace/app store and access to the API can be controlled.
154.
by Johnie 11y ago
When are US banks going to come around to open banking? They need to come around to the model where they provide the infrastructure and let third parties manage the customer interaction. RobinHood's model[1] is pretty interesting in t
155.
by Johnie 11y ago
This is already happening with large institutional depositors: http://www.wsj.com/articles/big-banks-to-americas-companies-...
156.
by Johnie 11y ago
First of all, there's a misconception on this discussion here. The Fed is PAYING banks the Fed Fund Rate (currently sitting at 0.5%) for parking their excess reserves with the Federal Reserve overnight. So a negative interest rate m
157.
by Johnie 11y ago
I'm curious about your model versus something like Aspiration [1] that is partnering with Radius Bank? Do you need to own a bank to provide the service? [1] https://www.aspiration.com/summit
158.
by Johnie 11y ago
This is a sign of how bad and far behind the bank technology stack has become. They are all fighting to stay relevant by keeping others out. But technologists are finding loopholes around their stack.
159.
by Johnie 11y ago
SVB acquired Standard Treasury (YC S13). http://blog.ycombinator.com/standard-treasury-yc-s13-joins-s...
160.
by Johnie 11y ago
Yup, it's as simple as putting a magnetic stripe reader and putting it into a shell. These are a commodity on Alibaba now [1]. The idea of using headphone jack for data transfer has been around since the Commodore PCs [2] The software
161.
by Johnie 11y ago
The way I read this is that the key is the difference between running government at the macro level versus the micro level. Traditionally, government policies and lawmakers create laws and regulations with broad brushes expecting the people
162.
by Johnie 11y ago
This is useful for trading settlements between the banks. A lot of what investment banks (as opposed to commercial banks) do is trading OTC securities. BlockChain reduces the amount of paper work needed to manage these securities.
163.
by Johnie 11y ago
Have you ever used a concierge service either at a hotel or over the phone? It usually takes a form of a back and forth conversation to identify what you really want. That's the difference between talking to a real person (or good NLP
164.
by Johnie 11y ago
Here's a good breakdown of checking account profitability: http://www.bankdirector.com/index.php/issues/retail/the-prof...
165.
by Johnie 11y ago
This overestimates the negotiating position of Google and underestimates the negotiating position of the manufacturers and carriers. In the US, the business model for mobile phones is that carriers buy phones from the manufacturer and sell
166.
by Johnie 11y ago
This is exactly it. You can't have someone lead an organization that doesn't embody the product. Ellen needs to read the Southwest case study on how the ceo made southwest focus on both the employees as well as the consumer.
167.
by Johnie 11y ago
When a company is so dependent on community created content or work, the company needs to nurture and be in touch with that community. What seems to have happened with Reddit in recent times is that the company has drawn further away from
168.
by Johnie 11y ago
What's the difference between this and Plaid.io?
169.
by Johnie 11y ago
FinTech specific laws aren't necessary. There are more than enough financial regulations beyond what you can wrap your head around. The thing that many tech entrepreneurs underestimate is the power of these financial regulators. It&#
170.
by Johnie 11y ago
If I'm reading what you're saying correctly, this is EXACTLY how it works. The protesters were allowed to peacefully assemble in Union Square. The protesters were allowed to peacefully march on the sidewalk to anywhere they wanted
171.
by Johnie 11y ago
Unlikely. NYPD had been blasting the audio warning from LRAD trucks that people protesters in the streets would be arrested from the beginning of the rally all the way through the arrests. It's unlikely that a protester missed one of
172.
by Johnie 11y ago
From what I've read, there had been plenty of warnings all day. >The group was on East 17th Street about halfway down the block when police took a stand and ordered protesters to get on the sidewalk. Before the march, while the grou
173.
by Johnie 11y ago
How about try to increase voter turnout first? No amount of public education and politician tracking will be useful if only 1/3 of eligible voters actually vote. http://www.washingtonpost.com/blogs/post-politics&#x
174.
by Johnie 11y ago
The URL is "Host Me In CA"
175.
by Johnie 11y ago
Since he's from Slovakia, does he have the visa status to work in the US? Will a startup go through H1-B process for a summer intern? Also, if he doesn't go through the formal visa process and tries to do his summer internship wi
176.
by Johnie 12y ago
On your main screen, make the example editable. It would be nice to be able to just enter into the green box to see how it works rather than have to click through the "Get Started" Also, your instructions makes it seem like the e
177.
by Johnie 12y ago
Later this year, there is going to be a concerted public education movement on the chip card. Once that happens, you'll see merchants actively push you towards using the chip vs the magstripe.
178.
by Johnie 12y ago
It's not about getting my money back. It's to prevent you and others from making the same mistake in the future. It's also to prevent any fraudulent activity from happening (ie paying out to some creditors while not to others
179.
by Johnie 12y ago
Agreed. I could not care less what happens to these individual exchanges. But the long term damage to the industry as a whole is troublesome. We can't keep arguing against regulation while allowing this to happen by not self regulatin
180.
by Johnie 12y ago
This guy needs to get a lawyer immediately. He's extremely naive in thinking he can 'fix' this. In addition, he's exposing his personal asset and future liability to all of these creditors. As I said, amateur hour.

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