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Broadly, because there are multiple tiers of status at play. 1) "I was rich enough to buy a Bored Ape NFT". This is for status relative to people outside the c
by andrewingram 5y ago
Broadly, because there are multiple tiers of status at play.
1) "I was rich enough to buy a Bored Ape NFT". This is for status relative to people outside the club.
2) "I was rich enough to buy a super-expensive Bored Ape NFT". This is for status within the club, it lets them all know how rich you are.
It's all yuck to me, but people have different motivations.