Burning of "real" value for something of symbolic value that often locks in value is fairly common. Designer watches and bags and 500$ shirts basically create a

Burning of "real" value for something of symbolic value that often locks in value is fairly common. Designer watches and bags and 500$ shirts basically create a flame that says "look at meeeeee" Price to extract gold and value of gold is also an interesting dynamic. Fiat tokens also seem to have value built in via trust via the burning of value to create organizational systems to reduce friction. Expensive apparel also reduces certain types of social friction.