this post was submitted on 10 Dec 2024
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Whenever I think about the diamond market I think about the episode of the Twilight Zone where gold becomes worthless in the future because it's manufacturable.
As evidence by the diamond market, even if we could manufacture gold (somehow) even higher in quality than the purest gold available naturally, people would still want the, objectively worse, natural stuff, because for some reason the human rights violations that go into getting it makes it more valuable.
TL;DR: it's the child labor that makes it special
Hehe yeah, "Sure, you could buy perfect diamonds grown in lab conditions that are way prettier than anything we could offer for way cheaper, or you could buy our authentically dirty or broken diamonds to -prove- you paid way more money to anyone that looks close enough to notice. Won't they be jealous of how rich you were".
I think one of the most common talking points against lab grown is that they are too perfect. "It's the imperfections that are beautiful" or something like that.
That is just more propaganda. In the netflix program about it they show that they can't tell the difference.
The whole natural diamond thing is they want to control the volume of diamonds on the market. If you can make them, then there will be such a high production the prices will plummet. The only reason the price is high, is that they keep production low.