Is High-End Gear Just a Status Symbol?

[Shawn]

High-end cycling gear, apparel, bags, and other accessories are often seen on professional riders, cycling vloggers, and other influencers and creators in the cycling niche, characterized by their flashy and expensive nature.

Is it just a status symbol or an attempt to fit in with everyone else? Or is this gear worth spending the extra money on?

What do you think?