145: Bitcoin ETF, Mickey Mouse Copyright, Luxury Beliefs & NYT vs. OpenAI
Not Investment Advice
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Origins of Luxury Brands
Luxury brands emerged in the late 1700s and 1800s as a replacement for the hierarchical systems of monarchies that were being dismantled due to the French and American Revolutions. The rise of republics and the industrial revolution decentralized wealth, creating a need for new status symbols which led to the proliferation of luxury brands during that time.
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