I can't connect it at all to your listed points. An Olympic medal is about obvious a status symbol as I can imagine but it can't (meaningfully) be bought or transferred.
The status signified with a knit sweater is membership (and good standing!) in a caring family with elders not yet fully subsumed into their phones.
People, acquaintances and strangers alike, frequently comment on the knit socks I often wear, ask after who made them, and all of a sudden we're on "how's your mom" terms.
https://www.ebay.com/b/Olympic-Medal/27291/bn_55191416?_sop=...
> People, acquaintances and strangers alike, frequently comment on the knit socks I often wear,
Ok, that explains pretty much everything about your line of thought.
Thanks.
> https://www.ebay.com/b/Olympic-Medal/27291/bn_55191416?_sop=...
Of course you can buy an Olympic medal. You can't buy the status conferred by the medal (of Olympic champion / nth runner up).
> Ok, that explains pretty much everything about your line of thought.
I don't understand this either. Are you insulting me?
I'm also completely unimpressed by someone wearing a Rolex though, so different mileage for different people.
Understanding words does not require being impressed by anything, nor caring about the opinion of kids.
The old rich doesn't give a shit about Rolex watches beyond noticing the newb rich using them to tell on themselves.
If people don't consider that someone with more money is of a higher status then symbols of that wealth aren't meaningful.
I think a lot of people have an ingrained belief that "more money == more status"