CardinalM1
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CardinalM133 karma
- For every $100 that someone deposits, how much of that $100 goes to Yotta (for operational expenses, profit, etc.), how much goes to funding the sweepstakes, and how much actually goes into the person's savings account?
- What APR does Yotta give people for money in their savings account? Is it competitive with HYSAs?
- Wouldn't it be better to educate people about how to save, low expense ratio investments, budgeting, etc. than to direct them towards a less efficient "savings" model?
CardinalM127 karma
Assuming the sweepstakes are funded by deposits, what happens when new deposits dry up? This feels similar to ponzi schemes. If sweepstakes aren't funded by deposits, how are they funded?
CardinalM18 karma
Will the print edition of Newsweek still be available at retailers - particularly at airports (I used to buy a Newsweek to read on the plane whenever traveling) - or will it only be available to subscribers?
CardinalM1114 karma
Man, that sounds so creepy the way you type it!
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