HN user
You should learn internals as well, it's not mutually exclusive :)
But at some point you have to teach your fingers some movements that will ideally make you fast on as many machines, as many operating systems, as many editors and as many keyboards for as many years of your career as possible.
I think the Lindy effect is less about making strong arguments about which tool to use in debates, and more about calling out and explaining a real life phenomenon.
I've invoked it in my job mostly to explain to younger developers why learning vim keybindings+terminal git usage while they have the most plasticity is most likely going to be a good bet for the remainder of their career, as editors, operating systems and associated keybindings & UI will change around them much more often than those fundamentals.
It's not a guarantee, and i wouldn't bet my entire business on the Lindy effect, but it is worth reflecting on it as an explanation of something that is paradoxical or not obvious.
in my experience OData has several big issues:
- Overly verbose endpoint & request syntax: $expand, parenthesis and quotes in paths, actions etc.
- Exposes too much filtering control by default, allowing the consumer to do "bad things" on unindexed fields without steering them towards the happy path.
- Bad/lacking open source tooling for portals, mocks, examples, validation versus OpenAPI & graphQL.
It all smells like unpolished MS enterprise crap with only internal MS & SAP adoption TBH.
Same problem in Denmark with our banks.
Our popular QR payment system, known as MobilePay, is owned by banks that have a financial interest in letting payments continue to process via visa/mc cards underneath, as they get a big interchange fee from reusing the legacy payment system. (around 0,2% interchange on a typical danish visa transaction).
In the past, we had a popular nationally owned cheaper safeguard against foreign payment monopolies in the form of Dankort, a local visa/mc alternative, but the company operating Dankort (NETS) has been sold by our gov+danish banks to an american equity firm, further removing any incentive for danish banks to not just quietly force visa/mc on everyone, so Dankort is now slowly dying.
The rent seeking is made even more perverse by the EU PSD2 legislation from 2018 that makes it illegal to forward payment fees onto shoppers, which removes all the textbook consumer behavior (judging price vs quality) from the equation. That law has created a situation where shoppers use whatever payment method their bank hands out to them and merchants are forced to blindly accept whatever shoppers use and pay up the fees which goes back to the same banks that decided what to give shoppers in the first place.
End result of this is that the banks best move is to push visa/mc, make everything seem hard to change & confuse politicians. Systems like Pix give me hope but I don't believe the existing system can be saved, it needs to be replaced by a new actor, aggressively supported at EU or national level, probably both.
What is the explanation for this? Does it all come down to politics, connections and random chance like iOS app store review differences?
I've never understood this insurance defense of high payment card fees (percentages instead of flat fees). If it is a truly valuable insurance for the shoppers, why is it not opt-in?
My anecdotal experience from EU is that no-one even knows chargebacks exists or how it works and if this was turned into a transparent honest insurance, prompted via a question on the payment terminal/online checkout such as "Do you want to pay 1-3% to insure this purchase?" the vast majority of people would click no on the vast majority of purchases because there is already inherent trust involved between the merchant and the shopper.
Now add the chargeback pains that merchants go through for credit card frauds and you have what appears to be a sickly system where both shoppers and merchants lose, with the only winners being visa/mastercard & the acquiring and issuing banks they cooperate with.
If I buy a burger from a restaurant and its bad, i tell all my friends and i don't go back. I don't need insurance.
If I buy a service on steam, i already trust valve fully for those smaller amount sizes, I don't need insurance.
My gut feeling is that >99,9% of purchases made via payment cards are not relevant to insure meaning following the simpler risk model of cash for those would work just fine.