3 ms·
How can an optional* non-functional luxury good be sold for more than it's worth? *Worth to your lady, not to you Economically, the diamond is a token of waste
by sukilot 6y ago
How can an optional* non-functional luxury good be sold for more than it's worth?
*Worth to your lady, not to you
Economically, the diamond is a token of wastefulness that serves only to destroy value as part of the human mating ritual. Bitcoin for women, but even less liquid.
- JMTQp8lwXL 6y agoA bitcoin for women analogy might be generous; one diamond isn't fungible for another one. There's sentimental value.