Replacing your iPhone costs more than you think
If there are no special needs, should I upgrade to the iPhone 17? Rational consumers often have to consider the cost effect at this time. During the launch of the iPhone 17, a "Bitcoin Equivalent Chart" went viral, converting iPhones from previous years to the Bitcoin price at the time. The calculation is shocking. If you are a loyal Apple user who regularly upgrades his phone every two years, starting with the iPhone 4S, you will have accumulated a "silent cost" equivalent to 170.786 BTC. The current market value is close to US$18.7 million. This price is enough to buy several three-bedroom, two-living room luxury houses in Xinyi District, practically buying the entire building.
With consumerism prevalent, what is real property?
In order to make money, companies that produce consumer products add a new feature and shout "What amazing day", allowing self-media and video reports from all over the world to instill knowledge into everyone. Suddenly, "Do you want to upgrade to "iPhone 17?" has become a consumerist trap that everyone encounters every year, but cannot be avoided and cannot punish themselves for falling into.
In fact, in today's 2020s, Android phones and iPhone 12 and 13 with Qualcomm S865 processors can still meet almost all real functions. Why are people still so eager to consume them? In order to keep up with the topics with friends and peers, or are they supported by capitalist companies with the consumerist mentality of replacing them at fixed times to "avoid troubles caused by failures and aging"?
No one knows how these concepts have become subtly integrated into our lives in today’s society, but Bitcoin is constantly reminding us:
These consumerist choices are both fast-food and high-cost, and the cost comes from the opportunity cost of giving up on choosing Bitcoin. For economists, not making any profit is also a loss. How to find truly valuable choices in a fast-paced and information-exploding society and not over-consume has become one of the most important issues for modern people.
