Wearing a $10,000 watch has the same utility in terms of telling time as wearing a $5 watch or even just looking at your phone. And so it's like, why do humans continue to do that? I don't think it's just a human phenomenon. I think this is like an animal kingdom phenomenon,. We put ourselves in these social hierarchies for influence in the pack or for mating purposes or whatever. But at the end of the day, we are animals and this is how we congregate.

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