• DavidGarcia@feddit.nl
    link
    fedilink
    English
    arrow-up
    62
    ·
    1 year ago

    The minority of all people think like this. people love scarcity even if it’s completely artificial. It’s just so they can show off their “wealth”.

    The sneaker resale market is the dumbest shit I’ve ever heard of, yet it’s a billions of dollars industry, just because people are dumb like that.

    Same reason why De Beers or Luxottica make so much money for seemingly no reason, because people love it.

    Moissanite and artifical gems will forever be a knockoff in the eyes if these people.

    Diamonds are the NFTs of commodities.

    • GreenMario
      link
      fedilink
      English
      arrow-up
      30
      ·
      1 year ago

      If the “peasants can afford it” it’s not desirable.

    • Corkyskog@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      27
      ·
      1 year ago

      As I understand it the artificial diamond industry has gotten so good, they can now even create diamonds with imperfections that mimic natural diamonds. To the point where the only way they can tell the difference is to micro etch something on the natural diamonds.