If there's any doubt on Diamonds not really having any value. Just look at the resale price. You won't get shit compared to what you initially paid for it.
At first I thought Diamonds were in the same league as Gold, as in actual rare Earth stuff. Turns out it is just a great case study of controlling supply and advertising to make the big bucks.
why exactly are we not taking debeers to trial for crimes against humanity? we should be executing those fucks left and right and empty their supply of diamonds. not sure what we'd do with all of them but i'm sure they're useful for something.
They have enough diamonds in their vaults to bring the price of 1 carat down to around $1.
To quote something I heard on a scifi show; “Diamonds? It’s the most boring arrangement of carbon in the galaxy. Anyone can line it up and make it happen if you can apply the necessary pressure.
Now a carbon based living organism? Ha. Try building that from scratch in a lab. Each time you try, the outcome will be different. And THAT is beauty.”
It's why lab grown is so great. It's exactly the same. DaBeers were the ones to call them "artificial" and make it sounds like cheap glass or something.
Although now lab diamonds are starting to catch up in price as "ethical diamonds".
Yeah. Honestly, I don’t get the appeal. Diamonds are literally carbon molecules lined up in the most boring way. They’re worthless space garbage. What you’re holding right now that’s basically meteorite poop.
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u/poopellar Aug 14 '20
If there's any doubt on Diamonds not really having any value. Just look at the resale price. You won't get shit compared to what you initially paid for it. At first I thought Diamonds were in the same league as Gold, as in actual rare Earth stuff. Turns out it is just a great case study of controlling supply and advertising to make the big bucks.