It's most interesting that the vaporwave art form mixes nostalgia with subversion. Instead of just experiencing the past, it normally critiques it. For example, Hologram Plaza shows the darker side of 90's consumerism by portraying how soulless & empty visiting a mall can feel.

Hologram Plaza - https://disconscious.bandcamp.com/album/hologram-plaza

A Brief History of Vaporwave - https://www.youtube.com/watch?v=PdpP0mXOlWM