3 ms·
I'd like to introduce you to an entire field of endeavor called "marketing". Non-industrial diamonds don't provide value, yet people are regularly buying them f
by AlexandrB 6y ago
I'd like to introduce you to an entire field of endeavor called "marketing". Non-industrial diamonds don't provide value, yet people are regularly buying them for ridiculous sums[1].
[1] https://www.theatlantic.com/international/archive/2015/02/how-an-ad-campaign-invented-the-diamond-engagement-ring/385376/ https://www.theatlantic.com/international/archive/2015/02/ho...
- warkdarrior 6y agoDiamonds do provide value in non-industrial settings, most commonly as an indicator of a person's appreciation for another person. They are in the same value class as cut flowers, although of course at a different price point.