Big fan of innovation in this space, so glad you're working on this. I remember coming across Beeminder some time ago, and liking the idea, but not actually pulling the trigger on trying it out. I wonder if it has to do with some cognitive dissonance around the financial commitment device. We want to think of ourselves as having some semblance of self-control & an ability to stick to previously defined goals, but opting in to a system that punishes you for failure forces you to come to terms with the fact that you don't in fact trust yourself.
I have no doubt this works for some people, but there's something missing for me. Maybe it's just that I prefer positive reinforcement.
Out of curiosity, how will you differentiate from Beeminder? Is it the social pot that you suspect makes this dynamic more powerful?
I have no doubt this works for some people, but there's something missing for me. Maybe it's just that I prefer positive reinforcement.
Out of curiosity, how will you differentiate from Beeminder? Is it the social pot that you suspect makes this dynamic more powerful?