I’m confused by the drama around chinese factories revealing the “real cost” of LV bags on TikTok… do we think anyone buying LV bags was doing so because they thought they were made from $5000 of raw materials?

noun seven three zero | onchain experimentation maxi @ zerorights.media, zeropod.xyz, @betrmint,  the /yellow collective

A lot of luxury brand block source of origin

building /gmfarcaster network |
blockchain ENT prof |  ⌐◧-◧ Nouncillor, Nouner, BuilderDAO community resident /builder |

https://www.gmfarcaster.com/

It might — they’ll do some damage control I’m sure to talk about the design & logo being the key

Of course, it’s an unpleasant juxtaposition when it’s in your face, but luxury bags are just a status symbol and the price tag is part of it. I don’t think this knowledge changes buying behavior.