TheOtherDave comments on How To Have Things Correctly - Less Wrong
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You can also avoid the permanency of owning things by renting/leasing/borrowing/returning for refund.
EDIT: I place zero value on the fact of ownership. That is, I derive no satisfaction from knowing that something (or someone) belongs to me. I am given to understand that this is rather unusual. Of course, I value having hassle-free access to things when I need them, and often the only way to ensure this is by owning them, but when there is a choice, I'd rather not, even if it costs a bit more. Unfortunately, the society around me is not set up for this, except for really expensive items, like a place to live or a means of transportation. I wonder if other places in the world are more access- rather than ownership-friendly.
...giving away/smashing to bits/losing/selling.
That seems more wasteful.
But it can still be better than keeping stuff around you don't need or like. It takes up space that could be used for nicer things, you have to clean (around) it, you have to see it and hate it (even if it's just a tiny little bit) every time you do... So yes, it can be better to just put it in the trash if you can't find anyone to give it to.