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Alex Beyman's avatar

>"Do people not imagine all the other stuff they could do with all that money? The hobby equipment. The dozens of day trips. The camping, the glamping, the celebrity tours; learn to code, learn to dance, boxing, helicopter rides in the desert, ads for your book, paint, food, nice booze, a pony. Jesus Christ, some of this shit is creeping up on FUCKING HARVARD TUITION."

I've wondered the same thing. When Bitcoin skyrocketed in 2017 I bought some utilitarian things I thought I might need if my life took a bad turn. A full set of waterproof, battery heated clothing cost me $600. A ten watt rugged solar backpack with battery cost $300. My icewater circulation vest was, I think, $200. I like nice things too, but suspect my definition of "nice" is different, being the son of an engineer. I always want to know "what can this do for me which justifies the clutter and upkeep of owning another thing?"

But then, why do all the billionaires buy yachts, while we're on the subject? Surely one of them would decide to be interesting and buy a submarine, or underwater villa, or hydrofoil, or private train, or hovercraft, or ekranoplan? But nope, all yachts. Maybe just the most economical way to spend time outside the US EEZ and snort coke off the tits of instagram models, but even that seems like it would get boring compared to my own ekranoplan.

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Waylon S Kohler's avatar

The King of Prussia mall in Pennsylvania is one shopping mall that has survived, apparently by featuring a lot of designer stores. I’m not a great judge of handbags, but, last time I was there, I walked by display windows with these purses that looked like the weird funny ones form the 60s or 70s that I used to see in thrift shops. What puzzled me about all of these luxury stores was that no one seemed to be shopping there. I understood why they wouldn’t, but I don’t understand how these stores exist. The same goes for the caviar store at the airport, a big store with tons of caviar and maybe one customer who just looks like he wants to talk to the cashier. No one seems to buy enough to support the existence of these stores, and yet they remain.

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