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Not really, because “real” diamonds have very little intrinsic value. Now if we could cheaply manufacture Platinum, or your example of perfectly cooked food, yo
by cfadvan 8y ago
Not really, because “real” diamonds have very little intrinsic value. Now if we could cheaply manufacture Platinum, or your example of perfectly cooked food, your point would start to be relevant here. As it is, diamond is already a very artificial market.
- falcor84 8y ago>Not really, because “real” diamonds have very little intrinsic value Well, you're quite exaggerating here. Diamonds actually have some very useful physical properties, in particular regarding their hardness, thermal conductivity and optical properties. https://en.wikipedia.org/wiki/Material_properties_of_diamond https://en.wikipedia.org/wiki/Material_properties_of_diamond
- brandonjm 8y ago> “real” diamonds have very little intrinsic value >> Diamonds actually have some very useful physical properties. Physical properties shared and almost always improved upon by their synthetic counterparts. Someone using diamonds exclusively for their optical properties or hardness would probably prefer a synthetic diamond due to the lack of impurities.
- cfadvan 8y agoThey do, but their ubiquity makes them cheap. Coal has useful properties, as does pig iron, but it’s only valuable in bulk. Think of diamond as “white coal” and you’re there.