Disagree - Buying because you like the style or the exclusivity is not the same as buying because you have the false belief that the more expensive thing works better when it doesn't

Someone who spends $10k on a watch doesn't believe it tells better time than their iPhone

Someone who spends $10k on their digital CD player believes the digits it's sending to their digital amp are some how magically different than the digits from a $20 digital CD player. They're the same digits, delivered at exactly the same speed. Bit for bit identical.