Extrinsic vs. Intrinsic Motivation
Daniel Krawisz
Extrinsic motivation means doing something for an external reward and intrinsic means doing something for its own reward.
A key lesson in the study of extrinsic versus intrinsic rewards is that the use of extrinsic rewards reduces any intrinsic motivation.
This video discusses a study in which children who enjoyed art were given rewards when they did art. When the rewards were taken away, the children were less interested in doing art than before the study started.
The book Unconditional Parenting by Alfie Kohn discusses a similar study which found that children who were praised for being generous ended up being less generous.
Every time they heard “Good sharing!” or “I’m so proud of you for helping,” they became a little less interested in sharing or helping. Those actions came
to be seen not as something valuable in their own right but as some-
thing the children had to do to get that reaction again from an adult.
In this case, it was generosity that became merely a means to an end.
In other cases, it might be painting or swimming or multiplying or any-
thing else for which we offer positive reinforcement.
Thus, the use of rewards is destructive on growth. The book goes on to say
Researchers keep finding that individuals who are
praised for doing well at a creative task often stumble at the next task.
Why? Partly because the praise creates pressure to “keep up the good
work” that gets in the way of doing so. Partly because people’s inter-
est in what they’re doing may have declined (because now the main
goal is just to get more praise).12 Partly because they become less likely
to take risks—a prerequisite for creativity—once they start thinking
about how to keep those positive comments coming.
In order to grow the Bitcoin economy, we need entrepreneurs, as many as we can get. Entrepreneurs have to rely on intrinsic motivation because profits are uncertain and only come after a long and hard work. The work must be motivating in and of itself in order to reach the point of earning profits for it.
Twetch and other platforms that train people to expect tips every time they say something snarky are training people to be bad entrepreneurs who addicted to chump change.
Pow.co and other boosted sites are the best places for Bitcoiners who want to optimize economic growth can talk about what really matters!
