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> I seriously doubt that diamonds, and especially natural diamonds, would be as popular as they are without the marketing, since the lab-grown ones are indistin
by leereeves 2y ago
> I seriously doubt that diamonds, and especially natural diamonds, would be as popular as they are without the marketing, since the lab-grown ones are indistinguishable in all but price, if one wants one.
Price is often the point. Diamonds are conspicuous wealth, an easy way to demonstrate "I'm better than you because my diamond is bigger/clearer/natural" for people who think like that.
- chii 2y ago> iamonds are conspicuous wealth [veblen good](https://en.wikipedia.org/wiki/Veblen_good https://en.wikipedia.org/wiki/Veblen_good).
- nullc 2y ago> Diamonds are conspicuous wealth, an easy way to demonstrate "I'm better than you because my diamond is bigger/clearer/natural" for people who think like that. But are they an easy way? A fake looks the same except under careful inspection and is totally lawful. Some fancy car or designer clothes are at least unlawful to fake, even if sometimes faked.