Well, I guess it could be true that some people are "brainwashed" to trade bitcoin. But I think there are some differences between the two. First, diamond is n

Well, I guess it could be true that some people are "brainwashed" to trade bitcoin. But I think there are some differences between the two. First, diamond is not in itself useful. While it some industrial uses, that is not where its value comes from. The value of diamond is the result of misinfomation about its rarity and an extensive marketing campaign. On the other hand, BitCoin (or rather, blockchain) promised to be a distributed exchange, and more or less acheieves that. And although it is debateable whether its current valuation is reasonable, at least that grows organically from its use. The value BitCoin and diamond are both influenced by their limited availability. Diamond supply is tightly controlled by a corperation, but there is no guarantee that corperation will continue to have this controll indefinitely. On the other hand the limit on the number of bitcoins is more rigid and will only break if someone took controll of at least half of the network.