Loot Boxes, Long Degeneracy, and the Watch World's Gambling Problem

Luxury Bazaar just partnered with Courtyard.io to sell mystery watch packs. The maths are terrible for the buyer, and the theory of why all this exists is pretty interesting.
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SDC Weekly is a newsletter containing my thoughts on the world of watches, and any other interesting material I’ve consumed since the last edition. It will likely cover a wide range of subjects in addition to watches including, but not limited to technology, nature, geopolitics, energy economics, parenting and history.

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This is a blog exploring why collectors of luxury items (mainly watches) believe and do what we do, why we pretend otherwise, and how we might do better.
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