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Homeless, Unemployed, and Surviving On Bitcoins

An anonymous reader writes "Wired profiles a homeless man who's supporting himself primarily through Bitcoin. Jesse Angle, a former network engineer, earns small amounts throughout the day by visiting various websites that pay him to look at ads. He then converts it to gift certificates and uses the certificates to buy food. '"It's a lot less embarrassing," he says. "You don't have to put yourself out there." And unlike panhandling in Pensacola, using an app like Bitcoin Tapper won't put him on the wrong side of the law. This past May, Pensacola — where Angle has lived since April — passed an ordinance that bans not only panhandling but camping on city property.' Angle learned about Bitcoin from a charity organization called Sean's Outpost that wanted something better than PayPal for accepting donations over the internet. The organization has even opened an outreach center paid for solely with Bitcoins. Founder Jason King said, 'Bitcoin beats the s#!% out of regular money, We've resonated so well with people because it's direct action. There's no chaff between donation and helping people.'"

8 of 403 comments (clear)

  1. Re:Oh my god by MightyYar · · Score: 4, Interesting

    Probably more of a failure in our mental health system. Also, young men are last on the list when shelters are overcrowded.

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  2. Re:And how does a McJob prevent homelessness? by IamTheRealMike · · Score: 4, Interesting

    It's worse than that. Yes, you need some kind of an address to get a bank account thanks to stricter AML laws passed in the PATRIOT Act.

    However, if you spend a while in the cash economy, when you do get back on your feet many banks will refuse to take your cash as a deposit. Because they don't know how you got that cash, they are afraid of being considered money launderers by allowing you to deposit it. So once people fall out of the banking system it can be hard to get back in, which then in turn keeps these people down (and more likely to be criminals). All in the name of fighting the terrorists.

    By the way, the US government knows the power of being evicted from the financial system full well. That's why they're starting to enforce US law internationally even though they can't jail people outside their borders. Instead of jail the punishment they use is being blacklisted from the financial system and having all your bank accounts closed. If you're a middle class guy with a home, a mortgage, kids etc and one day banks stop wanting to deal with you because you pissed off the US, then you could find yourself on the street faster than you might think. After all, what are you going to do when your bank accounts get closed - take out your life savings and pension as cash?

  3. "Homeless" by Anonymous Coward · · Score: 4, Interesting

    When I was younger - early teens to late teens, my father would volunteer with food banks, homeless shelters and with the handicapped (these would frequently overlap with the same people). This meant that I too would volunteer (whether I wanted to or not). Anyways, I would hear the same story a lot of the time about how through no fault of their own these people would lose their job, their house and cars and would have nowhere to go. They wanted help in the form of food, place to stay, etc..

    In my experience maybe 1/10 of these people were genuinely down on their luck and looking for help to start over. They would do what it took to get back on their feet. The other 9 merely paid lip service to this. They actually preferred to live on the street and continue the lifestyle of not being a part of "normal" society. We'd help these people get into a program where they have food/shelter and a step by step system to start managing their lives and getting a job - they'd leave the next day because they cant' handle or don't want structure in their lives. They want to be "free" and "independent" but at the same time don't want to have to make an equal contribution to society to pay back these resources they use.

    I look at this guy lounging outside a library with his laptop, drinking monster energy drinks and eating chicken pot pies. He's taking food stamps to support himself and yet he buys shitty unhealthy food that's way too expensive for someone on a restricted income. I got one thing to say to this guy and his friends, "Go fuck yourself!".

  4. You've never applied for those jobs, have you? by Valdrax · · Score: 4, Interesting

    We all know he could have a job at Wal-Mart, 7-11, or McDonald's within a few hours.

    You obviously don't know anyone who works in that segment of the economy. None of those places are "always hiring," and most have backlogs of resumes to go through. Worse, having a resume with a good job history on it is poison for low-end jobs, where people assume that you'll be jumping ship at first chance for a better job more in line with what you've done. Speaking from experience, no one wants someone with 7 years of development experience and a fresh law degree to deliver their pizzas.

    Plus, my friend who does work for Wal-mart? He'd be homeless too if he couldn't live with him Mom based on what they pay him in his eternally part-time position.

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  5. Bitcoin saved my home... by dex22 · · Score: 4, Interesting

    A few bitcoin donations helped me make my mortgage payment last month, and I have a little left over. Things are picking up but it's still really tight. I had to have emergency dental surgery (blessed wisdom teeth) too... There is a point that you reach when you're desperate that you still feel the shame of begging, but the need overwhelms it.

    I'll just leave this here: 17S6drtGpJXer6qA5V6XhP3snasGWANBjc

  6. Re:Oh my god by digitalsolo · · Score: 5, Interesting

    For what? To sit at home and watch TV?

    I have no problem with the concept that everyone needs (deserves?) a basic income provided by society. I have a huge problem with the concept that they do not, in turn, owe society for that.

    Give them a basic salary and then choose what menial position the Bureau of Suggested (Forced) Labor deems is best for their skills. Maybe that is doing stupid shit on the internet, I don't know, nor care, but they damn well should be doing SOMETHING.

    Giving everyone 25k a year (okay, 40k a year in some places) to live, with no expectation that they will do anything other than convert oxygen to CO2 and reproduce is rather short sighted insomuch as it ignores the vast laziness of so very, very many people.

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    Just another ignorant American.
  7. Re:Oh my god by nschubach · · Score: 4, Interesting

    He's not "making" a living though. According to the article, he's actually living on food stamps and using bitcoin to supplement. Since he's not paying into the system, he's more of a drain than a benefit. I also assume he's doing it by choice and doesn't want to do anything more with his technical knowledge. Maybe he's just waiting for a position in management.

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  8. Re:Oh my god by Kjella · · Score: 5, Interesting

    No... the real left is thinking that a basic income guarantee is becoming very close to feasible. Perhaps not yet, but we are getting close to the point where the labor generated by people who work for either self fulfillment or access to luxury goods and services can produce enough wealth to provide every household with a basic income capable of covering rent, food and basic utilities.

    Not even we here in Norway which is about commie-red by US standards goes that far, in fact we just took one baby step away from socialism in the last election. The problem is quite simply that if people don't feel it pays off to work they won't. If they put the "basic income" too low, the poor can't actually afford to use it. It'll only become a cheaper way for the middle class to take a year off as many people dream of doing to fulfill some sort of self-realization but find too expensive. If they raise it too close to a low-end job, who really want to struggle eight hours a day in a dead end, physically demanding job when they can bum around and play video games? Because obviously we'd have to tax the shit out of people to pay for all this, so it's not like your pay would become your current pay + your basic income, that'd require us to create tons of money from nothing.

    Already we're seeing certain trends in welfare abuse, not directly fraud as such but people who try very hard to get disabilities claims or to keep their unemployment claims by not being very employable. Statistically we know these trends aren't real because we don't have the sickest population in Europe and our working conditions are very gentle compared to many other countries yet we have one of the highest disability ratios in the western world. It just doesn't add up. These are the kind of people who are already looking to get out of the job market, they'd all take basic income and never return. Recently we've had some changes to the pension system where you could elect to retire earlier for lower pensions and lots of people got out at 62 instead of 67. Really, all the signs point to that if people can get a living paycheck without working, damn many would get the hell out.

    Of course, the naive say that for each one that takes a year off a position opens up for someone else. That's not how it works, businesses aren't going to hire a dropout who is also now on basic income and probably happy with it just because they lost someone, they're not that desperate to keep the headcount up. If we decrease the talent pool, the jobs are just likely to disappear or move overseas. I think such a system would belly flop miserably but I'd be the first one on it, I'd see it as a once-in-a-lifetime chance to take a year off at a reasonable cost. I'm thinking I'm not alone in that respect, good luck replacing all of us from the ranks of the currently unemployed.

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