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When bills pile up, young people turn to strangers on Venmo

latimes.com

31–40 of 158 posts

Re: When bills pile up, young people turn to strangers on Venmo

#31
post #5

Earlier quoted context omitted.

Well, yea, this is why implementing social welfare and safety nets is far better done at the government level, where you have accountability and a justice system. An attractive person holding a clever, written-in-English sign, at a football game that cost them 100$ (or whatever) to attend, garners 3000$ for beer. The ugly, dirty, illiterate homeless person that stands outside of a train station gets 5$ for food. Unfa…

These issues aren't solved with "social welfare and safety nets", that's just throwing good money after bad. I'm totally fine with a kick-ass safety net for people who are actually in poverty , aka have trouble funding their basic needs despite very serious, sometimes strenuous efforts. But someone who is advertising their Venmo ID online is almost certainly not poor in this legitimate sense. Spending more money than…

Social media costs $0. Venmo costs $0. Internet access costs under $50/month, and is one of the most valuable purchases anyone can make in modern society.

Re: When bills pile up, young people turn to strangers on Venmo

#32
post #3

Their title is... ehhhh, I initially thought "oh a bunch of kids with heavy student loan debt for their liberal arts degrees are finding out adulating is hard" but in reality it is: (paraphrasing) my step-father was arrested for a DUI, can't prove citizenship, and my mom needs money to drive to another state to visit him in custody (/) This isn't novel, I've been hit up dozens of times on the street outside of shows,…

The larger themes are: 1. Community has always supported people in times of need, more so than government services. 2. The Internet had created distance amount community members 3. Use of the Internet for funds like this (or for Gofundme, etc.) is bringing that back, though with strangers 4. Shifting attitudes and values on whether this is acceptable 5. One Millennial is now setting aside funds for direct contributio…

Citation needed for #1

Re: When bills pile up, young people turn to strangers on Venmo

#33
post #14

Earlier quoted context omitted.

Similarly why a robust welfare state is preferable to charity. Charitable giving is free to discriminate and there's no mechanism to try and move it towards those who most need it.

Do you think welfare state actually distributes funds to whoever needs them? They are giving funds away to everyone who can check x boxes on a form, no one in the government ever verifies if the person actually needs the money, like a charity would do.

Like some charities would do.

If you give charity to someone on gofundme, what charity ever verifies if the person actually needs the money?

Re: When bills pile up, young people turn to strangers on Venmo

#35
post #29
post #15

"millennial culture is just passing around the same $20 to whoever needs it at the time forever." I see this a lot on my Twitter feed. Recently, a guy with metabolic issues and chronic pain (whose own GoFundMe was "trending" for a while) is setting up a charity livestream for someone else's surgery. https://twitter.com/docsquiddy/status/1148022827917938695

That's what Social Security / safety net / charity is -- sharing with people in need.

No? SS is literally a forced pay-in retirement account.

Re: When bills pile up, young people turn to strangers on Venmo

#36
post #31

Earlier quoted context omitted.

These issues aren't solved with "social welfare and safety nets", that's just throwing good money after bad. I'm totally fine with a kick-ass safety net for people who are actually in poverty , aka have trouble funding their basic needs despite very serious, sometimes strenuous efforts. But someone who is advertising their Venmo ID online is almost certainly not poor in this legitimate sense. Spending more money than…

Social media costs $0. Venmo costs $0. Internet access costs under $50/month, and is one of the most valuable purchases anyone can make in modern society.

The social media account costs $0. If you actually want to play at being a social media "influencer" online and reaching strangers to a non-trivial extent, you'll definitely be looking at some real costs.

Re: When bills pile up, young people turn to strangers on Venmo

#37
post #14

Earlier quoted context omitted.

Similarly why a robust welfare state is preferable to charity. Charitable giving is free to discriminate and there's no mechanism to try and move it towards those who most need it.

Do you think welfare state actually distributes funds to whoever needs them? They are giving funds away to everyone who can check x boxes on a form, no one in the government ever verifies if the person actually needs the money, like a charity would do.

I find it hard to see how a charity would be able to see into people's lives enough to make that decision, compared to the state which can and does prosecute if you lie on the form.

Re: When bills pile up, young people turn to strangers on Venmo

#38

Their title is... ehhhh, I initially thought "oh a bunch of kids with heavy student loan debt for their liberal arts degrees are finding out adulating is hard" but in reality it is: (paraphrasing) my step-father was arrested for a DUI, can't prove citizenship, and my mom needs money to drive to another state to visit him in custody (/) This isn't novel, I've been hit up dozens of times on the street outside of shows,…

What you should take away from this article is "community members help each other out with money, the Internet makes communities bigger".

For the Bachelorette, I would assume that most of the donaters were young women that have experienced being dumped - the focus being the "community" (or perhaps it would be better to say population) of young women. It's not just random strangers donating.

This reminds me strongly of this YouTube video where an adjunct professor who's popular in the Magic TCG community asks for money for support, and gets quite a lot of it: https://www.reddit.com/r/magicTCG/comments/35pjuq/tolarian_c...

Re: When bills pile up, young people turn to strangers on Venmo

#39
post #14

Earlier quoted context omitted.

Similarly why a robust welfare state is preferable to charity. Charitable giving is free to discriminate and there's no mechanism to try and move it towards those who most need it.

Do you think welfare state actually distributes funds to whoever needs them? They are giving funds away to everyone who can check x boxes on a form, no one in the government ever verifies if the person actually needs the money, like a charity would do.

I implied there are mechanisms in a welfare state that can be used to try to move resources to where they are needed most.

There are no mechanisms whatsoever to force Bob the billionaire to do a god damn thing with his own money, other than to give the billionaire more tax breaks.

I also used to work in certification for government benefits, and I can assure you there are, in many cases, safeguards and verification.

Re: When bills pile up, young people turn to strangers on Venmo

#40
post #29

Earlier quoted context omitted.

That's what Social Security / safety net / charity is -- sharing with people in need.

No? SS is literally a forced pay-in retirement account.

Social Security also covers adult disability and even survivors benefits for the depends of those who die. Making us a vital safety net for those under retirement age.

See: https://www.ssa.gov/benefits/disability/ and https://www.ssa.gov/benefits/survivors/

PS: This also makes the ROI for retirement seem much worse than it is as retirees only get ~72% of what is being paid into the program,

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