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Re:Why I don't believe in Uber's Success by zeveb on Thursday January 19, 2017 @05:27PM (#13440055)
> > A car isn't much of a status symbol when most of your friends can't afford a nice one either. Kinda makes you look like a dick, in comparison.

> Isn't that exactly what makes it a status symbol?

To be an effective status symbol, something has to be of higher status, but not too high a status. Gold chains are just gauche, despite how valuable they are. So too, once upon a time, having a cell phone.

Re:Why I don't believe in Uber's Success by Godel_unicode on Thursday January 19, 2017 @06:24PM (#13440403)
I think the tricky part there is social context. There are social groups where gold chains are absolutely status symbols. You'd be hard-pressed to find an NFL receiver without one, for instance.

Conversely, there are groups where being able to afford _not_ to own a car is a status symbol. Think "I live in a neighborhood where everything is walkable", or "I just throw money at Uber because it's easier and I can afford it".

Anything is a potential status symbol, if a group subconsciously agrees that it is. If your group doesn't value humility then too-high-status isn't really a thing.