You love me for me? Could you be more phony?
“I love you for you” is a cliche; Kanye knows the girl is attracted to his social capital
Kanye is also referring to his own imperfections and superficiality (a theme throughout the album). He is literally saying that he is so “phony” (read: egotistic, superficial, jerk-ish as alluded to earlier in the song and throughout the album) that if you love him for him, you must be those things yourself. This is one of the most clever lines on the album.
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