Calculating if it's Worth Picking up Loose Change

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  • เผยแพร่เมื่อ 28 พ.ย. 2024

ความคิดเห็น • 39

  • @jasonmayo
    @jasonmayo  หลายเดือนก่อน +14

    Just to be clear, I'm not saying you'll find 900 coins if you go running around for an hour. I'm saying that picking up one coin in 4 seconds is the equivalent rate to grabbing 900 per hour.
    Edit: As always, xkcd has already discussed this topic, but I swear I didn't look at it before I made this video. Of course, it looks really bad because both of us happen to talk about calories burned from picking up the coin like a complete lunatic...
    what-if.xkcd.com/22/

    • @PimasterJ
      @PimasterJ หลายเดือนก่อน +2

      Well þat’s what you þink. I went outside and found 900 coins lying in a row and it took exactly 1 hour to pick þem all up

    • @jasonmayo
      @jasonmayo  หลายเดือนก่อน +2

      Dang, guess I was wrong. Hopefully they weren't pennies!

    • @scorpioneldar
      @scorpioneldar หลายเดือนก่อน

      @@PimasterJ may all the coins be dollars.

  • @usbgamers123
    @usbgamers123 หลายเดือนก่อน +29

    This only includes picking up coins from the ground. What about picking up coins from other people's pockets?

    • @jasonmayo
      @jasonmayo  หลายเดือนก่อน +9

      That's a good point... That would really boost your efficiency if you didn't get caught but I'd imagine you're more likely to end up with plastic cards with a bunch of weird numbers on them and not coins.

  • @notlookme
    @notlookme หลายเดือนก่อน +19

    I'm still picking them up, it's free exercise and you get paid for it!

    • @jasonmayo
      @jasonmayo  หลายเดือนก่อน +5

      True, getting paid to exercise is a pretty smart way to look at it. That way, it's even more "money per hour" because instead of losing time from having to pick up the coin, you're using your time to exercise, meaning you still get the value of your time, assuming you value exercise time.

  • @tomare
    @tomare หลายเดือนก่อน +1

    I was the 100th like. congrats on 100 likes
    I really like the art style here! There is so much animation and drawings throughout this video - it must have taken a lot of effort.
    Keep up the good work!

    • @jasonmayo
      @jasonmayo  หลายเดือนก่อน +1

      Glad you enjoyed it! And nice that you liked the art. It's definitely a bit cartoonish but right now, I'm actually experimenting with learning proper art techniques and not just winging it, so hopefully I'll be able to showcase some different styles in the future, like the one in my profile for example or maybe something that looks cooler and more detailed too.

  • @CarneyBarney-qo7wq
    @CarneyBarney-qo7wq หลายเดือนก่อน +6

    Then multiply the total time of calculation by minimum wage to see how in debt you are to yourself for thinking of this. Then multiply the time you spent drawing and animating the video by minimum wage, then factor in enjoyment created then factor in metabolic requirements of all the breaths you took whilst making the video then factor in the total life span as compared to the real inflation of wages and living standards then factor in ad infinitum.

    • @jasonmayo
      @jasonmayo  หลายเดือนก่อน

      Sounds like something I'd say, should've included it into the vid. XD

  • @poke7661
    @poke7661 หลายเดือนก่อน +1

    see also: randall munroe's What If? article on a very similar topic

    • @jasonmayo
      @jasonmayo  หลายเดือนก่อน

      @poke7661 Huh, should've guessed he'd have something on the topic...
      Edit: what-if.xkcd.com/22/
      Shit, I accidentally plagiarized his content :/

  • @ooliver
    @ooliver หลายเดือนก่อน +2

    so much saliva in your mouth wow

  • @jakejones5895
    @jakejones5895 หลายเดือนก่อน

    The calorie burned money loss is insignificant, while your body does burn calories through exercise if you did not exercise it would spend those a calories elsewhere, in ways that would just make you feel shitty like low level inflammation responses to diseases that aren’t there.

    • @jakejones5895
      @jakejones5895 หลายเดือนก่อน

      this also doesn’t take into account glued down coins like the one outside my work i always forget is glued

  • @diepie5144
    @diepie5144 หลายเดือนก่อน +1

    Very cool. Reminds me of that statistic that it literally isn’t worth Bill Gate’s time to pick up a 100 dollar bill because he makes more every 4/seconds. Though now that I think of it, income from investments probably shouldn’t be counted, as he’d get them either way.

    • @jasonmayo
      @jasonmayo  หลายเดือนก่อน +2

      Wow, you're right. I just "checked" the math (back of the napkin calc) and 100/4s is like 730 million a year. Substantial for anyone else, but do that every second for your life and people like Musk would still be worth more than you.

  • @komi8362
    @komi8362 หลายเดือนก่อน +4

    Yay a new video! fun as always ♥️

    • @jasonmayo
      @jasonmayo  หลายเดือนก่อน +1

      wtf, you got here fast XD Was just making a post about how I was like a month late with my upload and I check back to see your comment. Glad you liked it though :)

  • @lilpisser124
    @lilpisser124 หลายเดือนก่อน

    Hello Agent 47, this is Diana Burnwood from the Agency. Your next target is a very dangerous Mathematician, known only by the codename "JasonMayo". Most weapons will be ineffective here because "JasonMayo" has calculated the statistical advantage to picking up any object you find and will act accordingly. Good luck...

  • @iyxan23
    @iyxan23 หลายเดือนก่อน

    your character look pretty similar to Jyuna! I thought I was watching one of her videos :)
    you should try collaborating with her haha

    • @jasonmayo
      @jasonmayo  หลายเดือนก่อน

      Oh wow, you're right XD. Not sure about collabs at the moment, I'm busy trying to learn proper art techniques and not just half assing it anymore.

  • @skybirdprojects5489
    @skybirdprojects5489 หลายเดือนก่อน +1

    Actually, your more likely to be picking up money off the ground where it's spent. This is important because if you are in that location in the first place, then you also are probably spending money during time that you aren't earning it. This means that there is no direct opportunity cost lost from picking up lost change. It also means that time has a net negative cashflow, so you would be stupid to not pick it up since you are essentially getting free money that offsets your negative cashflow.
    The Bill Gates line is also kinda wrong as well. This idea only works when you are directly trading time for money. Bill isn't doing this. He may be unlikely to pick it up due to his perception of the relative low value of a $100 bill compared to all his wealth. However, the exact same logic still applies.
    End of rant.

    • @jasonmayo
      @jasonmayo  หลายเดือนก่อน

      @@skybirdprojects5489 Fair, I didn't consider picking up money while at the checkout while checking out, you could technically pick up money in the area in zero time. But it doesn't work if you have to take time away from the transaction to pick up the coin. This usually isn't an issue because most people just stand there while the cashier checks out their items so it's dead time like you pointed out. But you'd burn about 0.013 cents per coin you pick up this way in additional food eaten, assuming you're counting grains of rice for your meals.
      But on a side note, this depends on the frequency at which people go out vs the frequency at which they shop. For example, some people might go out for walks and encounter extra coins during these walks, while somebody that does the bare minimum of outside might only encounter coins at the cashier. So while the density of coins may be higher the closer you are to a location at which money can be exchanged, some people might just run into more coins being outside, making the higher coin density slightly or significantly less relevant for their coin picking up average, depending on how frequently they go outside.

  • @CkBr
    @CkBr หลายเดือนก่อน +3

    But would if be worth your time if you made a high quality animated video about your journey, and posted it on your brand safe youtube channel?
    Edit- Idk about brand safe after your "Speculative value of a human being" video...

    • @jasonmayo
      @jasonmayo  หลายเดือนก่อน

      I was gonna post a reply about the value gained from a TH-cam video and how if enough people enjoyed the video, then it wouldn't matter if the channel was brand safe or not, because the value would have exceeded the time I spent making the video. But that requires knowing how much people value videos, which would require me to know things that I don't know already.

  • @jeffreyepstein1764
    @jeffreyepstein1764 หลายเดือนก่อน +1

    I was literally having an argument with one of parents about this exact topic a day ago. Who gave you permission to read my mind?

    • @jasonmayo
      @jasonmayo  หลายเดือนก่อน

      And apparently time travel, because this was posted two days ago :D

  • @benalfano1469
    @benalfano1469 หลายเดือนก่อน +2

    I’m weak how did I come across this

    • @jasonmayo
      @jasonmayo  หลายเดือนก่อน +2

      Blame the algo. Apparently it thought you must've been broke enough to contemplate the mathematical efficiency of picking up loose change.

    • @benalfano1469
      @benalfano1469 หลายเดือนก่อน

      @@jasonmayo I watched your whole video it was really good content I was weak I came across the the channel because it’s low on sub count and low on views so I was surprised TH-cam showed me it’s a really good video so much so that when I went to check your subscribers and seen it wasn’t at a million I was appalled

    • @benalfano1469
      @benalfano1469 หลายเดือนก่อน

      @@jasonmayo gonna subscribe to you now

    • @jasonmayo
      @jasonmayo  หลายเดือนก่อน +1

      Sorry, I didn't mean to say anything about you or how you found the video, just my own brand of self deprecating humor.
      But I wouldn't be surprised about my sub or view count. A lot of my early subscribers are from when I made different content so they don't really engage much with my new stuff I think. Also, I make videos on a bunch of random stuff so it's not really consistent. And my videos, thumbnails, and titles usually aren't algo friendly. But as long as somebody likes watching this kind of stuff, I guess that's fine. And, at least around 30 or so others share the same sentiment as you so far :) (probably more but they forgot to hit like or something)

    • @benalfano1469
      @benalfano1469 หลายเดือนก่อน +1

      @@jasonmayo yeah I had feeling it was satire just didn’t want you to think I was saying your video was shit cause it was actually really well made I enjoyed it good luck bro I wish you the best in your TH-cam journey and whatever life has in store for you