I don't think that's true. To my eyes hipsters are this generation's nouveau riche; people who have money and some kind of status, but don't conform to upper-class tastes. The wealth and status precedes the hipsterism, it doesn't derive from it.
Well previous generations' nouveau riche had better taste.
As per a recent comment this thread is meant to voice contrarian opinions, that is anything this community tends not to agree with. Thus I ask you to post your contrarian views and upvote anything you do not agree with based on personal beliefs. Spam and trolling still needs to be downvoted.