3 ms·
This has happened in everything from cars to watches to video games. Many wealthy people are clamoring for any asset class they can find. There is so much mone
by tsunamifury 3y ago
This has happened in everything from cars to watches to video games. Many wealthy people are clamoring for any asset class they can find.
There is so much money in so few hands it needs to drive up prices of everything to find a place to go.
- ghusto 3y agoI think you're mostly right, but a smaller part of it is the real value older technology has for some people. The recent(-ish) resurgence in music cassettes is of course partially the usual hipster douchery, but it's also to do with how using a walkman makes people feel in control again. The experience of listening on a device that discourages skipping to the next song, switching to an artist that this song reminds you of, checking your notifications, and generally takes choice _out_ of your hands, is both relaxing and at the same time more intense in the ways that matter. This is the same for video games, DVDs, and other physical media. Obviously there's the fact that you actually own the object too, and a streaming service can't take it away from you.