Quote from: Jody.Drummer on September 29, 2024, 04:34:11 PM

Quote from: bakasabo on September 29, 2024, 02:40:11 PM

Quote from: coin-investor on September 28, 2024, 05:50:01 PM

They made their phone their status symbol; in fact, I know some of my friends keep buying the latest phones, not knowing all of its features; they buy the latest cellphone just to brag that they are using the latest model, These people are insecure, and they depend their happiness and confidence on the latest models of phones to which they are so attached.

Symbol or an item of a status. For people who are rich and can afford, not having a latest smartphone, will show that there might be something wrong with their business or with them. People with old item will look weird, even though old item does the same thing as the latest. For example the founder of Ikea drives with old volvo, when with his $80 billions, he can have any car he wants. Many say that his is weird. People can use old smartphones, most of them easy will do calls, receive and send messages and can run youtube and browser apps, but people will think that they are weird. Imo latest smartphones arent necessary, but they are used to show status of a person.

It's all about prestige in my opinion, because people are competing to have the latest version of the cellphone just because they want to look cool and so on. If you say that it can show status, be it social status and others, I don't think so. Because in this era, there are so many people who have the latest cellphones even though they are not economically able to buy them. They do everything they can to get them, one of which is by buying on credit. Many people I know do this. If we live by following prestige, then we will never be satisfied and enough with what we have. especially if it's a cellphone, maybe this month we buy the latest version of the cellphone, in the next month there might be another new version. Grin

Look on the situation from different side. Those who have bought latest smartphones and bought them on the credit, always (I use word always, I have never heard someone failed to pay credit and his smartphone was taken away or he had real financial troubles) manage to repay credit back. Think that this is their tiny achievement. Even though latest smartphones did not give radically new features, people still buy them and manage to solve financial part. Isnt it good? Sometimes it is a life challenge for them, eating cheap food just to save enough to buy, for example iPhone 16 max, but they succeed in it. Isnt it great ?