Gunnar_Zarncke comments on Open Thread Feb 29 - March 6, 2016 - Less Wrong Discussion
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That could be related to EA being a lot about signalling.Spending is a high value signal. Of course in principle it reduces your fitness in the long term. But being a costly signal is the whole point of signalling. So it keeps the size of the EA population small - which could be seen as the selection against altruism effect mentioned - but intended from a signalling point of view.