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Show HN: Earn 9.62% on US Treasury I Bonds on Yotta

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Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta

#41

Feedback: I found a bug. I signed up with email/password, and then accidentally closed the tab (after creating my account). When I tried to sign in, it's asking for a code sent "to my phone" — I never provided my phone number, and therefore can't sign in.

Thanks - reported this for us to look into. Will circle back

Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta

#42
post #38

Everyone here is criticizing your product but it's funny that as I type this https://www.treasurydirect.gov/ is completely down. I wish this was available back when I invested and had to navigate my way through that hellish website.

Saw this post, signed up on TreasuryDirect.gov, and it immediately went down. That'll teach me for not using Yotta.

Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta

#43
post #38

Everyone here is criticizing your product but it's funny that as I type this https://www.treasurydirect.gov/ is completely down. I wish this was available back when I invested and had to navigate my way through that hellish website.

Thank you - Treasury Direct is the worst.

Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta

#44

I'm curious about how the legalities of this work. If you create a TreasuryDirect account using my SSN, do you then require a durable power of attorney to manage it on my behalf, as laid out in 31 CFR § 363.33? Or are you simply logging in using "my" credentials and performing actions as if you were me? If the latter, are you at all worried about the Treasury Department cracking down on this?

You don't need power of attorney to act on someone's behalf with their explicit permission and instruction. It may be against TreasuryDirect's terms of service (I have no idea, I haven't read them), but there's nothing specifically illegal about this.

Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta

#45
post #16

The virtual keyboard on the Treasury Direct login page is terrible, especially for those of us who use a password manager. I use the following bookmarklet that "types" each letter via the exposed JavaScript function on the page itself. javascript:prompt('treasurydirect.gov password please').split('').forEach(PasswordVK) easy-peasy

hah! I edit the frontend html every time so I can use my password manager

Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta

#46
post #16

The virtual keyboard on the Treasury Direct login page is terrible, especially for those of us who use a password manager. I use the following bookmarklet that "types" each letter via the exposed JavaScript function on the page itself. javascript:prompt('treasurydirect.gov password please').split('').forEach(PasswordVK) easy-peasy

Does any other website in the world use a virtual keyboard like that? I don't really understand why they do it. To prevent keystroke tracking I guess? It's bizarre.

Yes I believe it's to counter key loggers.

Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta

#47
This is a fantastic initiative. Yotta is gamifying savings, because why not? And it's FDIC-insured so I don't have to worry about trusting money to a start-up.

I think the UI-improvement over dealing with the treasury website is substantial. Good work on finding the opportunity and setting it up transparently via your already-existing buckets feature.

A note of appreciation, that's all.

Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta

#48
post #16

The virtual keyboard on the Treasury Direct login page is terrible, especially for those of us who use a password manager. I use the following bookmarklet that "types" each letter via the exposed JavaScript function on the page itself. javascript:prompt('treasurydirect.gov password please').split('').forEach(PasswordVK) easy-peasy

Meh imo it's easier to have the bookmarklet remove read only on the form and then just use the password manager like normal

Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta

#49

Why would I want to use your company for buying an I-Bond myself? Treasury Direct kinda sucks, but it's really not that bad. And once you're through the initial setup repeat purchases (like each subsequent year) is a lot easier. Why would I want to insert a middleman into a long term investment? If you all go sideways -- which is incredibly likely within the next 10 years -- then it'll be far more hassle than the up-…

1) Easier UI and management of your I Bonds. Treasury Direct has lots of issues and you'll likely end up having to call in and wait on hold for 2 hours with customer support at some point. Maybe not if you're on top of things, but most people aren't.

2) Having your money all in one place. It's annoying to have money different places, so if you already have a Yotta account with us, it's one tap to do this. If you are starting from scratch, it's not as much of a no-brainer, but I still think it's much better than TD.

If we go sideways, we would just give everyone their TD account information directly, and you would take over your account.

Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta

#50
post #47

This is a fantastic initiative. Yotta is gamifying savings, because why not? And it's FDIC-insured so I don't have to worry about trusting money to a start-up. I think the UI-improvement over dealing with the treasury website is substantial. Good work on finding the opportunity and setting it up transparently via your already-existing buckets feature. A note of appreciation, that's all.

Thank you - appreciate it!
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