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I think you are correct. It's a status symbol at this point. It's the digital version of "inconspicuous consumption" [1].

[1] https://www.theatlantic.com/magazine/archive/2008/07/inconsp...

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No, this is a status symbol because it's a signal that these people are above norms of conventional society.

What's worse is that there's a ready line of journalists talking about how capital letters promote inequality or shit like that providing coverfire for them.

I think it is because people are often typing onto a sheet of glass on a packed train..

The software on that sheet of glass actually automatically capitalizes the first letter of every sentence. You have to go out of your way to produce the sort of text you see in sama's tweets. That's what makes it so egregious.

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