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Sure, but this sidetrack were started from the fact that there are many hobbies where people devote hours of craftsmanship and effort into creating something th
by kqr 4y ago
Sure, but this sidetrack were started from the fact that there are many hobbies where people devote hours of craftsmanship and effort into creating something that's not considered nearly as valuable.
So "hours of craftsmanship and effort" is not what makes something valuable. It takes something else -- in this case that it's a status symbol. A long time ago it would have been certain tulips. Now it's watches.
- Mikeb85 4y agoIt's demand that makes it valuable. And it's demanded because some people appreciate it. That's it. If people want it, it has value. Period.
- kqr 4y agoNo, but it's different. Wheat has value because people want it. Regular watches have value because people want them. Luxury watches have value because other people want them. Owning an actual luxury item is pointless if there's nobody to brag about it to.