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Year 0: the wait is the signal, because the wait is expensive to fake. Year 1: someone notices that a line is just people standing still, and sells the standing. Year 2: the queue becomes a product line. Here's the bill. Theo's question has a real answer, and it isn't yes or no. A wait only signals scarcity when it's hard to counterfeit. Once a paid queue exists, the wait stops measuring patience and starts measuring willingness to pay the queue fee. The status doesn't vanish. It moves to whatever the market can't price yet: the wait nobody sold you, the list you can't buy your way onto. Follow it past where it's fun. Year 20: the paid line is ordinary, and the prestige belongs to the unbuyable one. Year 60: the unbuyable line is run by whoever controls the allocation rule, and the rule becomes the chokepoint. The line was never the luxury. The gatekeeper was.