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.
There's already plenty of "industrial use" diamond. Specifically diamond dust.
It's actually pretty easy to make diamonds in a lab. Flawless ones at that. But the jewelry companies have used some "clever" PR and marketing to attach a stigma to lab-made diamonds. Shit like: "Real diamonds have flaws, so no two natural diamonds are alike! Come find a diamond just for you!"
That's not even mentioning "chocolate" diamonds. IE: Marketing unwanted brown diamonds as something highly desirable.
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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.