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Pablo_Stafforini comments on Low Hanging fruit for buying a better life - Less Wrong
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Nick Winter implies that he burned $100 (!) to impress on him the idea that money is useless if not used.
YMMV.
I am not sure that was the point. My impression is that he was trying to change his perception of the time-vs-money trade-off and make himself more willing to trade money for time (and convenience).
"Not used" money is also known as savings.
My characterization of Winter's purpose in engaging in that exercise was based on this sentence:
Yes, but the purpose of the exercise is not necessarily equivalent to what you're concentrating on during the exercise.
There were two musicians who burned a million British pounds.
People's reaction: WTF?
That's long struck me as rather tragic. They tried to turn a million quid (mostly received from a novelty number 1 hit) into being respected artists, first by nailing it to a board and so on, and eventually by burning it. But that's not how art works.
they're also on record as having really regretted doing it
I second the tragic-ness: That's 790 lives counting inflation.