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Re:Diamonds Are Bullshit by eli on Tuesday March 19, 2013 @09:11PM (#5404898)
How do you signal the value of your bank account besides using it to buy expensive things? (And this is certainly not a gender-specific problem: consider sports cars, gold chains, or bottle service at clubs)
Re:Diamonds Are Bullshit by stephengillie on Tuesday March 19, 2013 @09:30PM (#5404966)
You could signal directly, such as an ATM receipt.

I understand the point you're making -- the value of expensive things in signaling to someone you don't know. I can't see the point in marrying someone if I couldn't trust them with my bank account.

Edit: I'm realizing that this is entirely from my perspective. How does a woman without earning potential display her husband's wealth to her family and friends? She asks him to buy her an ornament to prove how much he values her. This puts the man above the woman, inequalizing them.

Is there any custom where a bride and groom exchange gifts of equal value?

Re:Diamonds Are Bullshit by eli on Tuesday March 19, 2013 @09:42PM (#5405027)
Yes, it's for signaling peers, not partners. I assume most people who buy a Porche do so for the same reason: they want their community to know they have a lot of disposable income.
Re:Diamonds Are Bullshit by roel_v on Wednesday March 20, 2013 @04:59AM (#5406202)
Or maybe they like nice cars. (I don't have a Porsche).
Re:Diamonds Are Bullshit by cookiecaper on Wednesday March 20, 2013 @05:26AM (#5406268)
There are many nice cars that aren't Porsches, and there are ways to own and/or drive a Porsche discreetly.

No matter how nice a car is, the large-scale social consequences of flashing a status symbol should be considered before purchasing a brand associated with that, especially for a daily driver.

Re:Diamonds Are Bullshit by roel_v on Wednesday March 20, 2013 @06:46AM (#5406475)
Sure, I was just being antagonistic.

Last week I was in a sales training course where the trainer explained 'leitmotifs' of buyers, one being 'status', his example being 'a guy driving a Porsche and wearing a Rolex'. Of course there was one guy there with a Porsche and a Rolex who then found it necessary to defend his choices as being objective, rational, etc. (He didn't need to, but I guess it's hard not feeling being put on the spot in a situation like that). Still it was funny seeing him squirm while being hit over the head with all sorts of variations of your argument. (not that I disapprove of status symbols or some such thing, I'd buy them if I could afford them I guess :) )

Re:Diamonds Are Bullshit by roel_v on Wednesday March 20, 2013 @04:58AM (#5406200)
"You could signal directly, such as an ATM receipt."

Not sure what you mean here - are you saying 'show everybody the receipt'? That's not signalling, signalling includes 'being socially acceptable', which talking about how money you have or walking around showing your ATM receipts certainly isn't.

Re:Diamonds Are Bullshit by jlcx on Thursday March 21, 2013 @10:57AM (#5415441)
Regarding gifts of approximately equal value, I've heard of women giving men "engagement watches". It seems like they're generally worth less than the rings, though.