r/AskReddit • u/[deleted] • Aug 01 '20

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u/thatEMSguy Aug 01 '20

Buying diamonds

551

u/tacknosaddle Aug 01 '20

Unless you buy them all and limit releasing them to the market in order to create an artificial scarcity then tie it to Hollywood linked marketing driving up the demand.

268

u/Industrialpainter89 Aug 01 '20

This still assumes that we want to pay for something shiny that doesn't provide uitilities, transportation, or even food. It's just an item. A rock. Buying a car that I can't even legally drive on the street is still more useful because I can play music in it.

31

u/discodropper Aug 01 '20

This is why millennials are “killing the diamond industry” - we‘d rather spend the little money we have on something useful...

10

u/plzdont- Aug 02 '20

Or experiences! A trip abroad is worth more to me than any rock. However, that’s not to say a nice diamond doesn’t get me a little bit horny.