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by SamReidHughes
2696 days ago
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They're going to put this conversation in a chapter about motivated reasoning someday. Seiko 5's had laser etched crystals as an anti-counterfeiting measure, and then, because counterfeiters copied that, they switched to open casebacks, an anti-counterfeiting measure that is used across the industry. "Counterfeiting costs the watchmaking industry billions each year." - Nick Hayek, CEO of the Swatch Group. |
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It's hilarious that you're so invested in this that you resort to attacking my character.
>they switched to open casebacks, an anti-counterfeiting measure that is used across the industry
I would assume that open casebacks are used because they look cool, not to prevent counterfeiting.
>"Counterfeiting costs the watchmaking industry billions each year."
>- Nick Hayek, CEO of the Swatch Group.
I think this is bullshit, I doubt you can find any data that would support this claim. I can't. I'd bet he just took some estimate of replica industry total revenue and decided that's how much it costs the legit watchmaking industry.