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Vitalik Buterin@vbuterin
2/13/2023

What are some ways in which expensive products can be worse than cheaper ones? Examples that come to my mind: * Expensive clothes can be much less convenient to clean * In expensive hotel rooms it's often harder to figure out how to turn off all the lights * Expensive restaurants often have less choice in menus

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MC10 | Bankless Consulting 🎯@mc10
2/13/2023

Expensive sunglasses break more easily than cheap ones. Tell me I'm wrong 😎

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Barry Lime@barry
2/13/2023

Expensive cars cost more to maintain than your run-of-the-mill Honda or Toyota.

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kenny@kenny
2/13/2023

cheap cryptos usually have much lower fees than those darn expensive & popular ones

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borodutch 💎🤲@borodutch
2/13/2023

hehe btc is more expensive than eth 👀 i'll see myself out

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Nat Emodi@emodi
2/13/2023

More expensive to use, maintain, and repair, eg owning a BMW vs a Toyota More liable to theft, eg a thief will take an expensive umbrella/laptop/camera but not a cheap one

In reply to @vbuterin
2/13/2023

Expensive dog breeds can have health issues that mutts don’t.

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billzh.eth@billzh
2/13/2023

Expensive blockchains can be much less...

In reply to @vbuterin
2/13/2023

Greater risk of fraud/forgery

In reply to @vbuterin
2/13/2023

Furniture harder to clean too

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Jameson@jameson
2/13/2023

Expensive coffee makers break more easily and coffee grounds are more expensive than capsules

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0xen @0xen
2/13/2023

Less choice in menus is a feature, not a bug!

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Jithin Raj@jithinraj
2/13/2023

* Sports cars - mostly inconvenient to use when not in a sporty mood * Leather items - mostly expensive than vegan options, guilt inducing and literally costs a life.

In reply to @vbuterin
2/13/2023

Physical books cost more, are heavier, and take up more space than a Kindle

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pushix@pushix
2/13/2023

Sometimes its better to go to a concert in the GA area than in far away, more expensive and less fun seats.

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jmon.eth@jmon
2/13/2023

Globally, higher tech solutions, while perhaps providing more function, are more brittle. e.g., ice cube tray vs fancy ice machine; post-it note for tracking use vs fancy scheduling system; book vs pdf vs file database.

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payton@payton
2/13/2023

Purchasing an expensive product is also a larger investment in the company which means a higher risk for yourself. If I purchase an electronic from a niche luxury brand and they go out of business, repairs just got much more complicated. Boosted Board comes to mind with this example.

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Eddie Wharton@eddie
2/13/2023

* Expensive branded luggage is more likely to be stolen * Expensive items are more upsetting to lose

In reply to @vbuterin
2/13/2023

expensive appliances (coffee makers, toasters, etc) often require more maintenance and have feature overkill, and are less reliable than simple cheap ones most of the time

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Eseoghene @eseoghene
2/13/2023

I guess for me it could be really expensive stylists who offer exquisite services but then cant grip my kind of hair properly (4c) defeating the essence of actually going to the salon to braid my hair.

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Paulus@paulus
2/13/2023

I love you Vitalik

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Jonny Mack@nonlinear
2/13/2023

expensive mechanical watches have high maintenance costs relative to their quartz counterparts. eg servicing a rolex is ~15x the cost of a casio g shock despite having far fewer ‘complications’ (features)

In reply to @vbuterin
2/13/2023

A $25 dollar quartz Casio is less likely to get you mugged and keeps better time than a $12k Rolex submariner.

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da-bing / brother bing @brother-bing
2/13/2023

“Expensive” tech products could be buried in tech debt (aka little fox)

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Constant@constant
2/13/2023

“Professional” products in many categories are more expensive yet have less intuitive ui i.e. video cameras, compositing or special fx software, cnc machines. Of course they have positives as well though.

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Rishi Thomas@rishithomas
2/13/2023

Fear of usage - you don't want to break, or damage something expensive.

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osama@osama
2/13/2023

* Apple Notes > Note Taking App Subscriptions b/c complex workflows w/ $$$ * Ikea, Wayfair (mostly) > Pottery Barn et al b/c fits all spaces/sizes vs bigger homes * Gas car > Random manufacturer electric car b/c poor mileage defeats electric gains * Australian boots/Blundstone > Highfashion leather boots b/c durable

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osama@osama
2/13/2023

and the goat: * casio f91 > all watches b/c it never, ever dies on you and looks slick always

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paulx.eth@paulx
2/13/2023

ironically, expensive products may not get "used" as much as they're less expensive counter parts (for fear of getting it dirty/worn etc). usability literally suffers.

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dcposch.eth@dcposch
2/13/2023

a lot of veblen goods are fragile. it's part of the flex, like having the latest iphone with no case

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RobotFishGirl@robotfishgirl
2/13/2023

Used to sell luxury bedding- once you get above like $300 USD, you're paying for exclusive materials that are usually less comfortable and harder to maintain than simple cotton. Also thread count- if you're looking for a sateen, anything above like 1k TC is extra for no tactile difference, and frays easier.

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Sally@sallyh
2/13/2023

The most Expensive clubs are full of the least interesting people.

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Lajos Deme@lajos
2/13/2023

Cheap countries are sometimes better to live in than expensive ones. For example in many countries in South East Asia the people are some of the kindest, the food is amazing, and the weather is always great

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zer0range@zer0range
2/13/2023

Expensive (especially luxury) items that are visible make you more attractive target for scammers/criminals.

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Yassine Landa@yassinelanda
2/13/2023

Utility is a log function of price. Usually there is a level ($100-$160 for example for shoes) where you get same utility or worse from everything. Worse usually comes from own limitations like buying a $10,000 audio system while having suboptimal hearing.

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aerique@aerique
2/13/2023

I'd hope a more expensive restaurant has better quality ingredients and a nice atmosphere. Menu choice should be secondary here. Unless the restaurant is so expensive you're paying for the "experience". (On a different note: I had a hard time choosing between using apostrophes or quotes around "experience".)

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Gasull@gasull
2/13/2023

- Dishes in expensive restaurants have smaller portions. - You meet frirndlier people in cheap hostels than in expensive hotels.

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Martin Carrica@mcarrica
2/13/2023

Valet car parking requires a rando to get into your car

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fredrik@fredrik
2/13/2023

complicating a product or issue/problem more than necessary to convince the higher price tag for the solution complicated: big company consulting services too much hierarchy and regulation

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gfun.eth@101
2/13/2023

Furniture. The most expensive is not always the most durable, comfortable or best quality.

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shoni.eth@alexpaden
2/13/2023

collector cars might lack seatbelts and airbags

In reply to @vbuterin
2/13/2023

Expensive cities Can be less convenient and more lonely to live in

In reply to @vbuterin
2/13/2023

Expensive stuff are more of a pain to pay for

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timbeiko.eth@tim
2/13/2023

* expensive watches stall if you don't wear them for N days * expensive cars tend to break down more frequently * expensive (old) wine more likely to have gone bad

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Maybe Im Wasabi 〽️@maybeimwasabi
2/13/2023

An expensive pen - the item is superbly easy to lose

In reply to @vbuterin
2/13/2023

Passengers in first-class seats on airplanes are more likely to die than those in coach. https://www.businessinsider.com/the-biggest-drawback-to-flying-first-class-2016-1

In reply to @vbuterin
2/13/2023

Knew a guy who had a rolls royce in Singapore. It was so big that he could only park in 3 places comfortably in the country

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Ashinthewild@ashinthewild
2/13/2023

Jaguar vs toyota (Any1 dealing with maintenance knows what im talking about) Books vs books subscription Ibuprofen vs cbd oil (Cheap and expensive across the spectrum of health)

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Jesse Walden@jesse
2/13/2023

high-end cars more difficult to fix due to limited/proprietary supply chain/expertise

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Mac Budkowski@macbudkowski
2/13/2023

Expensive watches make you a much bigger target for criminals

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sisk@sisk
2/13/2023

when exerting extra effort translates into cultural capital. Example: when collecting old Porsches or old Ferraris, you can be sure it's more difficult to maintain an old/slower/more unreliable Ferrari than a faster/newer model. But this investment translates into intangible Porsche/Ferrari community cultural cache.

In reply to @vbuterin
2/13/2023

CAROLYN: This is a $4,000 sofa, upholstered in Italian silk. This is not just a couch. LESTER: It's just a couch! This isn't life! This is just stuffIt's just a couch! This isn't life! This is just stuff, and it's become more important to you than living. https://youtube.com/watch?v=OKSsWJIW_J0&si=EnSIkaIECMiOmarE

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Chaotic Neutral@jayce
2/13/2023

side thought: I often see cars, houses, etc. that I absolutely despise but would be delighted to receive for free even if the caveat was that I have to keep it for ten years before selling.

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vrypan.eth@vrypan
2/13/2023

* but expensive clothes can (not always) feel better because of better fabrics * but are cleaner, smell better, offer more services, better food * but may be the result of an expert making the choice for you. Changing specs may result in increased cost but may come with other improvements.

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jamesse.eth@jamesse
2/13/2023

expensive cars are often a nightmare to maintain and have to be driven and handled (storage etc) more cautiously

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Erik@eriks
2/13/2023

TradFi investment products are a prime example. Active & higher fee often lags passive & lower fee.

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Carlos@solana1
2/13/2023

Expensive clothes = high maintenance + loss of initial investment

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Venkatesh Rao ☀️@vgr
2/13/2023

Expensive cities… pay more for decidedly worse lifestyle for a few narrow upsides. Many hang on long after the upside potential is gone.

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Build@build
2/13/2023

expensive products might have high cost of repair.

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Bravo Johnson@bravojohnson
2/13/2023

Product by “build to be sold” companies that are semiotically aligned with what “valuable” looks like

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Hsiao-Wei Wang@hww
2/14/2023

Expensive movie productions may tend to less risky experiments so they can at least break even. It may result in less creative, repeated factory-produced popcorn movies.

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the dude@network
2/14/2023

Clothes: . Risk of kidnapping . Misguided / misunderstood social signaling . Other stuff becomes more expensive in various situations . Risk of causing social anxiety in others

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Fred Blauer@fblauer
2/14/2023

‘When you ain’t got nothin’ ya got nothin’ to lose. You’re invisible now. You got no secrets to conceal’ from the song ‘Like A Rolling Stone’

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Jeremy Batchelder@jeremybatchelder
2/14/2023

Expensive cars are very expensive to fix

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Alex Loukissas@futureartist
2/15/2023

Not a product, but my free college CS education in Greece was immensely better than what the $$$ equivalent in US would have been

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Jason Goldberg @betashop
2/17/2023

I cook breakfast every morning with a mauviel chef-grade brass pan (which are fantastic for everything except this use case)... and every morning my hubby says to me: can I please buy you a non-stick pan for making eggs, the brass pan is a pain in the 🍑 to clean

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Gm_7_13_eth@not3nough-eth
2/17/2023

Aloha idk #not3nough.eth to be able to tell you the difference yet nevertheless I have a room and I'm able to find food.

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killjoy.eth@killjoy
2/18/2023

Expensive bike components are more fragile.

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shazow.eth@shazow
2/18/2023

* Using 5+ different streaming platforms vs pirating content * Using 5+ different game launchers vs pirating games * a lot of OSS software vs paid proprietary software * Small markets that sell local produce are often cheaper than large supermarkets that sell inferior imported produce

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Sheftali@sheftali
2/20/2023

Sometimes I feel as though basic UX principles are ignored and sacrificed for glamorous UI (or cosmetics). Eg. The MBP. Apple removed ports that haven't been made redundant globally for the sake of simplistic design (or force the user to purchase adapters at silly costs to compensate) same with the iPhone (headphones)

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Kenny MacKenzie@shore
3/1/2023

Any misalignment between the product and the job to be done (requirements). I can imagine an endless list of examples. The better product is the one that's best aligned to the needs of the person who uses it, when they use it.

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Bayram@bayka
3/5/2023

Expensive products kill network effects?

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padpad@padpad
4/8/2023

*crypto conferences with a higher price to attend usually attracts less and less things of what makes a conference actually special *expensive meats usually have more fat and less meat

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Jacob@jrf
7/28/2023

@atlas summary 💵 Expensive But Worse 🤔