Here's the catch—when everyone's got money, luxury loses its edge. Fancy goods flood the market everywhere now. Too many countries crafting premium wine, luxury watches, high-end fashion. The question becomes: is that top-tier Bordeaux actually leagues ahead of alternatives, or has the gap just narrowed? When scarcity vanishes, so does the premium. Ultra-wealthy consumers face an interesting paradox—abundance of options destroys the exclusivity that made those goods desirable in the first place.
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SlowLearnerWang
· 22h ago
Oh wow, you're right. It just now dawned on me... Luxury goods are everywhere now, so what's the point of being so luxurious haha
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wrekt_but_learning
· 22h ago
NGL, that's why the real wealthy are now starting to collect those niche items, doing the opposite.
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RamenDeFiSurvivor
· 22h ago
NGL, this is the common problem in Web3—having too many tokens makes them less desirable...
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FrogInTheWell
· 22h ago
Basically, it's all about fierce competition. Luxury goods are also fiercely competitive, with no real sense of scarcity, and they're just expensive as hell.
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CryptoFortuneTeller
· 22h ago
ngl That's why real wealthy people are now into virtual assets; physical luxury goods have long become mainstream.
Here's the catch—when everyone's got money, luxury loses its edge. Fancy goods flood the market everywhere now. Too many countries crafting premium wine, luxury watches, high-end fashion. The question becomes: is that top-tier Bordeaux actually leagues ahead of alternatives, or has the gap just narrowed? When scarcity vanishes, so does the premium. Ultra-wealthy consumers face an interesting paradox—abundance of options destroys the exclusivity that made those goods desirable in the first place.