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Diamond prices are artificially inflated by a single organization. Bitcoin is priced by the market. (Yes, there is lots of manipulation in the latter, but it's
by zeroxfe 8y ago
Diamond prices are artificially inflated by a single organization. Bitcoin is priced by the market.
(Yes, there is lots of manipulation in the latter, but it's still not comparable to diamonds.)
- bluedevil2k 8y agoWrong. The DeBeers monopoly doesn't exist anymore and the market sets the prices on diamonds. Nearly all diamonds are priced through auctions now a days.