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Olympians turn to OnlyFans to fund dreams due to 'broken' finance system (2024)

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Re: Olympians turn to OnlyFans to fund dreams due to 'broken' finance system (2024)

#251

Post by Symbiote »

grecy wrote: post #181
zajio1am wrote: post #138

Earlier quoted context omitted.

There is still out-of-network healthcare (i.e. specific services or entire healthcare providers not covered by single payer) in many countries with universal healthcare. But it is usually clear which is which.

> There is still out-of-network healthcare in many countries with universal healthcare Can you provide links? I've personally used the healthcare systems in Australia and Canada for two decades each, and also for a short time in the UK. I've never heard of this.

BUPA is the largest private healthcare provider in the UK: https://www.bupa.co.uk/

The treatment provided will be similar to the NHS, but with less waiting (if relevant) and nicer facilities, such as private rooms rather than shared wards in hospital.

Re: Olympians turn to OnlyFans to fund dreams due to 'broken' finance system (2024)

#252

Post by baq »

WalterBright wrote: post #236
baq wrote: post #233

Earlier quoted context omitted.

> They all have a free choice about whether to be an Olympian or to take a more lucrative career path. Not everyone is born capable of being an Olympic athlete and the career path of being one alongside associated opportunity costs is chosen long before the person can consciously and rationally make decisions about themselves. Also, not everyone is as bright as a kid as you.

The kids have parents who are empowered to make those decisions for them, for exactly the reason you suggest. Of course, some parents make poor decisions - but it's a free country, but not free from the consequences of bad decisions. Or do you suggest someone else make those decisions for the kids?

I don’t have a solution for those kids but I know telling them they shouldn’t have chosen to be athletes is missing the point you yourself bring up - which is, their parents made those decisions for them. Humans are not rational economic actors.

Re: Olympians turn to OnlyFans to fund dreams due to 'broken' finance system (2024)

#253

Post by messe »

WalterBright wrote: post #230
jalapenos wrote: post #110

Earlier quoted context omitted.

100% I'd strip. Putting that much toil in I'd want maximum compensation

I decided to write compilers because my initial foray into stripping flopped.

And still found a way to show the world your D.

Re: Olympians turn to OnlyFans to fund dreams due to 'broken' finance system (2024)

#254

Post by xen0 »

jalapenos wrote: post #204
DontchaKnowit wrote: post #154

Earlier quoted context omitted.

Yo idk what youre talki g about with fencing. Its entertaining as hell

Olympic fencing is straight up dumb - they do the equivalent of immediately charging to their deaths with a goofy flexi-"sword". If you want some real entertainment in that area watch HEMA fencing.

Your perception of Fencing and HEMA aside; I can promise you that if HEMA was an Olympic sport:

* The same money problems that Fencing athletes face would apply to potential 'HEMA athletes'.

* You would hate what HEMA becomes because now it's a sport that people try to win at, with the 'realism' aspect all but destroyed.

Re: Olympians turn to OnlyFans to fund dreams due to 'broken' finance system (2024)

#255

Post by snackbroken »

llamaimperative wrote: post #208
tsupiroti wrote: post #202

Earlier quoted context omitted.

That's exactly what GDP measures: how much money people have paid and gotten paid for things.

Right... and GDP being a bad metric (for most decisions) doesn't have any relevance to the discussion. It doesn't imply anything about the thing it measures. By analogy, good engines produce power. A speedometer measures the engine's power under a set of conditions. However, a speedometer is not (by itself) a good way to measure an engine because there are other factors you care about. The fact that a speedometer is…

Being of mutual benefit to the transactors is not the same as being of value for your neighbor. A transaction being mutually beneficial to the transactors is neither necessary nor sufficient for the transaction to be generating value.

Consider FooCorp paying an advertiser to convince people to buy its gizmos rather than the market leader Bar Inc.'s widgets. This is then followed by Bar Inc. paying the same advertiser to convince the same people to go back to buying widgets again. Each transaction is to the benefit of both the advertiser and the respective manufacturer, but taken together leaves the world in the same state as it was to begin with. No value was created. In fact, value was destroyed (the opportunity cost of labor by the advertiser).

An example of a transaction that is not to the mutual benefit of the transactors, yet increases value is the levying of fines against behavior which has externalized costs greater than their internalized gains. The fine is not to the benefit of the party it is levied against, but the effect of deterring negative-total-value behavior is equivalent to creating value.

I'm not convinced >99% of people's jobs are of the value-creating kind but it's certainly well above 50%. Several of the largest companies in our industry are arguably of the negative value kind. Insurance companies that accept premiums but deny legitimate claims certainly are.

Re: Olympians turn to OnlyFans to fund dreams due to 'broken' finance system (2024)

#256

Post by dod9er »

eviks wrote: post #142
jalapenos wrote: post #115

System working as designed? Like, if your hobby is throwing a disc as far as you can, have fun. But don't expect many people to pay to watch right? But people pay a whole lot to see nice bodies doing sexual stuff. So since money comes from what other people value, no need for a surprised Pikachu face.

> But don't expect many people to pay to watch right? Why did you ignore the fact from the article that people do pay to watch (it's one of the most watched events in the world) it's just that that money doesn't reach the athletes? Not sure which pokemon represents that

First quote from Google-Search: "The International Olympic Committee (IOC) generated US$902 million in revenue for the 2023 financial year."

Re: Olympians turn to OnlyFans to fund dreams due to 'broken' finance system (2024)

#257

Post by afterburner »

WalterBright wrote: post #239
jalapenos wrote: post #115

System working as designed? Like, if your hobby is throwing a disc as far as you can, have fun. But don't expect many people to pay to watch right? But people pay a whole lot to see nice bodies doing sexual stuff. So since money comes from what other people value, no need for a surprised Pikachu face.

A few years ago, I remember when the Olympics was hosted in Vancouver, BC. The news reported that an insane amount of free condoms was distributed to the athletes. Some lower level athletes were interviewed, and they said they knew they had zero chance of a medal, but were having the time of their lives.

They were also easy souvenirs to hoard.

Re: Olympians turn to OnlyFans to fund dreams due to 'broken' finance system (2024)

#258

Post by sureIy »

jalapenos wrote: post #115

System working as designed? Like, if your hobby is throwing a disc as far as you can, have fun. But don't expect many people to pay to watch right? But people pay a whole lot to see nice bodies doing sexual stuff. So since money comes from what other people value, no need for a surprised Pikachu face.

Average people, no. People most definitely pay to watch olympians. In fact, they spend thousands of dollars to travel across the world to do so.

Whether this can be a career depends on the specific sport.

Re: Olympians turn to OnlyFans to fund dreams due to 'broken' finance system (2024)

#259

Post by rob74 »

> "Some people are judgy about sex work. People say it's a shame or even that it is shameful," Mitcham said. "But what I do is a very light version of sex work, like the low-fat version of mayonnaise selling the sizzle rather than the steak."

Hm, so which one is it now? If you're arguing that sex work shouldn't be stigmatized, it shouldn't matter how light or heavy it is?

Re: Olympians turn to OnlyFans to fund dreams due to 'broken' finance system (2024)

#260

Post by wiether »

jalapenos wrote: post #112
braza wrote: post #106

Being a former athlete (100/200 meters), the issue is that the top-tier sports (e.g., football, volleyball, basketball, etc.) capture the majority of money/value, and if you are from javelin throwing, fencing, or racewalking, unless you have a great sponsor, it will definitely require personal sacrifices to make it to the games. In Brazil a very long time ago, there was a gigantic tug of war between the top-tier spor…

Fencing as done now looks legit stupid, so does racewalking. Javelin, while slightly more cool, is you throwing a stick. Mildly interesting for a few seconds. Football is a top tier sport because it's entertaining. People will pay to see it. Hence there's money to be earned. If someone wants to spend their time seeing how far they can throw a stick, cool, but they shouldn't be surprised they're waking up to an empty…

Actually, most of the sports are boring to watch.

Everything is about context.

Football is more entertaining than fencing?

Go to a Sunday local game against two amateur teams where the only attendance is you and one of the player's uncle and you have to stay standing up next to the field while its pouring rain.

Then go to a fencing contest with 100+ people in attendance, music and a great speaker.

Now tell me which one looks more entertaining?

I used to think like you, until I watched big darts tournaments and curling with a great speaker. It went from "uh, who watches darts? it's stupid!" to "quiet, I'm watching darts!".

That's also why, depending on the country, popular sports are not the same, because they developped a culture and know how to make it entertaining.

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