That’s a 2,000% increase in perceived value.
Nike pulled the Air Max 1 from shelves after Colin Kaepernick complained about the Betsy Ross flag decorating the shoes.Nike canceled its Air Max USA sneaker release Monday after Colin Kaepernick complained the Betsy Ross flag decorating the shoes was a symbol of slavery—the shoes, however, areAccording to StockX, the sneakers originally retailed for $120. Which means at a $2,500 asking price, their perceived value increased 2,000%.
Goods are sold on StockX through the seller’s lowest asking price, or the seller accepting any offer from a bidder. At least nine pairs of the Air Max USA sold for $1,000 or more on the site. The Betsy Ross flag, so-named for its creation during the Revolutionary War, features 13 stars for the United States’ 13 original colonies. It has been co-opted by extremist groups opposed to racial diversity,Although scholars agree Betsy Ross the person most likely
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