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>How good are these shoes exactly to justify all this effort and $220 price tag? How good is bitcoin or GME to justify X valuation? Anything can be of X value

>How good are these shoes exactly to justify all this effort and $220 price tag? How good is bitcoin or GME to justify X valuation? Anything can be of X value as long as enough people believe it has X value.

blfr 6y ago
Bitcoin allows people to make transactions online with no authority okaying them, donate to banned platforms and cancelled friends, order pharma grade drugs off the Internet, and it all works because of magic of mathematics... sure, it's used for speculation but it's also quite spectacular. The value of GME was in squeezing hedge funds which is a public good. More importantly though, OP actually wears them.
- ChuckNorris89 6y ago
  You misunderstood, I didn't say those things have no value, I was making a paralel between the logic of their valuation and the logic of fashion accessories valuation. They're both worth as much as people are willing to believe they're worth, like most things on this planet that are non essential and not regulated.
  - ionwake 6y ago
    His question was rhetorical, he even then spent time answering your question. You should thank him and at a minimum learn to be polite if you're the type of person who misunderstands context.
    - ChuckNorris89 6y ago
      >at a minimum learn to be polite Excuse me?! Where was I being impolite? >His question was rhetorical, he even then spent time answering your question My original question was rhetorical and didn't need any explanation, as I answered it myself in the next sentence, thank you very much. >if you're the type of person who misunderstands context This personal attack is just needlessly snarky and adds no value to this discussion.
      - ionwake 6y ago
        Sorry I caused offence I was trying to give feedback and sounded brash. On a slightly different topic (srsly) would there be a way of saying what I said without it sounding snarky? I was trying to be polite.
Anon1096 6y ago
The poster above is buying Yeezy's to wear them though. If you're buying shoes to wear them, then it's a different evaluation than if you're buying the shoes to later resell them. For someone trying to use the shoes, you have to compare the value proposition to other (non-asset) shoes on the market. And I suspect that Yeezy shoes at 220 dollars don't improve very much on 100 dollar shoes, but I've never worn any myself. edited to add: I have nothing against buying Yeezy's or any other premium product. If it makes you happy and you have the money, go for it! But in terms of pure utility over competitors, it's usually not very good.

blfr 6y ago

Bitcoin allows people to make transactions online with no authority okaying them, donate to banned platforms and cancelled friends, order pharma grade drugs off the Internet, and it all works because of magic of mathematics... sure, it's used for speculation but it's also quite spectacular. The value of GME was in squeezing hedge funds which is a public good. More importantly though, OP actually wears them.

ChuckNorris89 6y ago
You misunderstood, I didn't say those things have no value, I was making a paralel between the logic of their valuation and the logic of fashion accessories valuation. They're both worth as much as people are willing to believe they're worth, like most things on this planet that are non essential and not regulated.
- ionwake 6y ago
  His question was rhetorical, he even then spent time answering your question. You should thank him and at a minimum learn to be polite if you're the type of person who misunderstands context.
  - ChuckNorris89 6y ago
    >at a minimum learn to be polite Excuse me?! Where was I being impolite? >His question was rhetorical, he even then spent time answering your question My original question was rhetorical and didn't need any explanation, as I answered it myself in the next sentence, thank you very much. >if you're the type of person who misunderstands context This personal attack is just needlessly snarky and adds no value to this discussion.
    - ionwake 6y ago
      Sorry I caused offence I was trying to give feedback and sounded brash. On a slightly different topic (srsly) would there be a way of saying what I said without it sounding snarky? I was trying to be polite.

Anon1096 6y ago

The poster above is buying Yeezy's to wear them though. If you're buying shoes to wear them, then it's a different evaluation than if you're buying the shoes to later resell them. For someone trying to use the shoes, you have to compare the value proposition to other (non-asset) shoes on the market. And I suspect that Yeezy shoes at 220 dollars don't improve very much on 100 dollar shoes, but I've never worn any myself. edited to add: I have nothing against buying Yeezy's or any other premium product. If it makes you happy and you have the money, go for it! But in terms of pure utility over competitors, it's usually not very good.