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A diamond purchase is a type of proof-of-burn. It's a way to display how much you value the person by being willing to sacrifice a large part of your savings fo
by beaner 10y ago
A diamond purchase is a type of proof-of-burn. It's a way to display how much you value the person by being willing to sacrifice a large part of your savings for them. It's not really about the stone itself, it's about the cost.
- saidajigumi 10y agoWhich in turn isn't even just about the (monetary) cost: the diamond ring is part of a collection of social rituals intended to increase the (social & psychological) cost of exit from marriage.
- Casseres 10y agoThen give a donation receipt for a charity that you both support for the cost of the diamond instead. At least that way the sacrificed money will support something you both believe in rather than the diamond industry.
- icebraining 10y agoIt's also to display for others, not just for the receiver of the ring.
- mcv 10y agoFrame the donation receipt and display it in a prominent position. Wastefulness as a status symbol is a really harmful idea. I'd prefer someone who is smart with money.
- kdamken 10y agoI think the main issue here is not to burn a huge chunk of money when starting a new life together, especially when the amount spent is usually a lot more than they can really afford.
- Chris2048 10y agoDoes giving them something of actual value not prove the same? Do divorce laws not guarantee monetary sacrifice already? My opinion is that this is proof of irrational attachment..
- maxxxxx 10y agoTo me this expectation would be a strong signal to leave that person.
- njharman 10y agoAnd it's a social ranking mechanism. You've attracted a mate that is richer, more capable provider, therefore you are more capable and rank higher in your groups social ranking.
- shitgoose 10y agoIn old times they were throwing virgins down the cliff to please some god. Now we burn cash to please some virgin. Humanity clearly progressed.
- kristianp 10y agoWhat's actual marriage in Cryptocurrency terms? Multi-signature?
- JoeAltmaier 10y agoMany cultures you give a valuable gift to the spouse, to ensure they won't be totally dependent - they have their own wealth. Until you can prove you can support a spouse, you can't marry. That would make more sense today if it were possible to sell a diamond for anywhere near the purchase price.