People make Instagram and Twitter accounts for the very purpose of sharing things socially. I don't know of anyone who uses Venmo specifically because they want

People make Instagram and Twitter accounts for the very purpose of sharing things socially. I don't know of anyone who uses Venmo specifically because they want to post their monetary transactions publicly. The fraction of my friends that still have their post visibility set to public either are unaware, or have a laissez-faire attitude about it. None of them "want to broadcast" their monetary transactions. We all use venmo because it has ubiquity in our friend groups/social networks.