Why Chasing the Latest Gadget Might Be Costing You More Than You Think
The allure of the latest gadget is strong, but Eric Athas argues that pausing before impulse buys can save more than just cash. Here's why.
Gadgets are shiny, seductive, and often end up collecting dust. Eric Athas, a New York Times editor, believes our obsession with the latest tech might be hitting more than just our wallets. In his upcoming book 'Saying No to New', Athas tackles the 'new-thing gap' collapse, where the time between wanting and getting something new has practically disappeared. Thanks to one-click purchases and deferred payments, we barely have to think before buying. But here's the kicker: Athas suggests reintroducing some friction in the buying process by asking if the new toy will matter a month down the road.
Athas and a fellow tech enthusiast compared their own gadget graveyards. VR headsets still in plastic, useless posture sensors, and cracked USB coffee warmers were among the relics. It’s a reminder that the excitement of novelty fades fast, leaving behind forgotten tech. Athas points out that our brains chase novelty due to a dopamine rush, a trait inherited from our ancestors. We’re like rats crossing electrified grids just for the thrill of something new. But at what cost? Many Americans are racking up debt chasing this never-ending cycle.
But it's not all doom and gloom. Athas isn't saying we should reject all new things. Instead, he advocates for choosing wisely. Apps like Seek and Merlin, which offer real utility, are worth the investment. So instead of jumping on every new tech bandwagon, Athas suggests we focus on experiences over products. Unlike a new gadget, a memorable trip or concert creates lasting joy. The math is simple: spend on experiences, not just things, and you'll get a better return on happiness.
This sentiment resonates in crypto too. Anons, let me save you some gas fees: aping into every new token doesn't guarantee long-term satisfaction or success. In the trenches, it’s about finding that needle-in-a-haystack project worth holding. Choose wisely, ser.
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Key Terms Explained
The fee paid to process transactions on Ethereum and similar blockchains.
The overall mood or attitude of market participants toward an asset.
Crypto Twitter's version of 'sir', used in a semi-ironic, respectful way.
A digital asset created on an existing blockchain rather than its own chain.