People value them because they’re expensive and rare. Except they’re not rare, and they’re only expensive because most of the world’s supply is locked away to inflate their value.
You can buy artificial diamonds for fairly cheap. Like, we’re talking so cheap that they’re put onto angle grinder discs.
It’s just propaganda/stupidity that folks continue to pay insane prices for mined diamonds. Well, in part it is the point, to spend a lot of money. If we didn’t treat diamonds as expensive, we’d find something else to waste money on. It’s not like diamonds were so beautiful or useful, that they were worth the price to begin with.
People value them because they’re expensive and rare. Except they’re not rare, and they’re only expensive because most of the world’s supply is locked away to inflate their value.
You can buy artificial diamonds for fairly cheap. Like, we’re talking so cheap that they’re put onto angle grinder discs.
It’s just propaganda/stupidity that folks continue to pay insane prices for mined diamonds. Well, in part it is the point, to spend a lot of money. If we didn’t treat diamonds as expensive, we’d find something else to waste money on. It’s not like diamonds were so beautiful or useful, that they were worth the price to begin with.
I looked up prices for artificial diamonds and “fairly cheap” is only cheap relative to natural diamonds. It’s still expensive (at least for me).