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Re:Show HN: An app that takes your money if you don't reach ... by costco on Friday April 19, 2024 @03:00PM (#40090743)
People are less motivated by these sorts of systems if they know the money will go to charity because giving to charity feels good. See https://blog.beeminder.com/anticharity
Re:Show HN: An app that takes your money if you don't reach ... by kugurerdem on Friday April 19, 2024 @03:38PM (#40091131)
I think you are right. In this case, knowing that money will go to a neutral actor instead of a charity might be a better solution. Interesting.

Good essay by the way.

Re:Show HN: An app that takes your money if you don't reach ... by llmblockchain on Friday April 19, 2024 @04:22PM (#40091529)
What if the money went to a charity or organization you disagreed with, ex: neo-nazis, etc?
Re:Show HN: An app that takes your money if you don't reach ... by Zambyte on Friday April 19, 2024 @06:23PM (#40092579)
... then the system behind this will be organizing funding for neo-nazis.
Re:Show HN: An app that takes your money if you don't reach ... by kugurerdem on Saturday April 20, 2024 @08:20AM (#40096816)
That's one of the problems with the concept of "anticharity" conveyed in the essay that costco shared.

Using positive/negative punishment (a thing being taken from you or a bad thing happening to you) can cause more harm than good especially if the harm caused exceeds the benefits obtained from achieving the goal.

Re:Show HN: An app that takes your money if you don't reach ... by slucaskim on Friday April 19, 2024 @03:20PM (#40090949)
Really interesting point. But so true