I have been trying to understand normies mindsets. My neighbour in Ventnor was about to loose his home. He was a tenant and the landlord had to sell the place to pay for his mother’s care.
My neighbour was a former fireman and had also owned a kitchen fitting company, but a serious accident at work during a fire had left him unable to work any physical job. His marriage had broken up, so he found himself renting the home next to mine, funded, in most part, by the government.
I had a lightning bolt of philanthropy and so decided to buy the place and give my neighbour a secure home for life. I also spent a lot of time explaining Bitcoin, hoping that it would help him generate a secure future for him and his adult daughter.
About a year ago, his Father died and he discovered nearly £5K of cash in his safe. This was great, as I believed it would give him one or two years of additional financial support and allow him to invest some, even if it was in more traditional investments. I tried not to preach too heavily about Bitcoin for fear of being thought a scam.
To my dismay, the next time I visited him, I sat in his living room in my very best Primark jeans and t-shirt while he showed me his brand new designer coat and sunglasses and describing the 5 star slap up dinner he had paid for his friends to have at the local posh hotel.
In short, within 3 months, he had spent the lot on flash clothes and fancy dinners. A couple of months later, he would be asking me for a loan.
I am re-thinking philanthropy. I am trying to understand the world I don’t inhabit.
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Replies (6)
I don’t think some people ever learn.
To be fair the government support he receives gives him a basic guaranteed lifestyle.
I just assumed he’d want to be there for his daughter and want the possibility of offering her financial support at critical times as she starts her adult life.
Gift knowledge, guidance, and opportunity to adults. You can gift things and money to kids in addition to the other things
Wow. This is really generous. Well done. Shame about the 5k.
This is why universal basic income can’t work. Ppl will just increase their expenses and be in the same position ie worse. It requires abstract thinking (high iq) to think and plan for the future. Most normies just live in the present because they can see it. It exists
I hadn't considered combining terms 🤔
The actual reason for this was a long term experiment in philanthropy, the most recent example was this:
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Which led to this:
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which led to this:
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Unpopular opinion coming Up. If you havent lives stressed out of your tiny mind for years under the weight of financial and health concerns, it's hard to appreciate how a shaft of light looks. It is sad the guy blew a few grand which clearly could turn into a way out of his circumstances ( viewed from a point of stability). On the other hand, I get It. To not be weighed down. Its like that Big balloon being forcibly submerged. Pressure off - and boom.
So perhaps theres a different way to structure help that accounts for that dynamic of a blow off top.
If I missed the point, sorry.