[heddycrow]

Look at the history of art itself to find several movements where artists make the point that difficulty in production is not the key feature of art. You might even find proof that human connection and humanity are not the key features. In fact, it's pretty hard to nail down an objective definition of art, but we can say what it doesn't have to be.

Gold doesn't share this nebulous sort of definition. Same with diamonds, what's their price now that we have figured out the "alchemy" for those?

What is it about these sorts of questions that escape those that write articles like these? Better yet, if the authors did ask these sorts of questions, could they write at all? Put another way, must there be a lack of depth in order for these sorts of ideas to be properly viral?

Maybe my feed just sucks. Someone please tell me where I can read what I describe. Thanks in advance.

[8organicbits]

I think gold was mentioned to give the nod to alchemy.

Diamonds are an interesting example. My understanding is that synthetic diamonds are largely used in industrial process (esp. abrasives). Synthetic diamonds in jewelry are cheaper alternatives, but jewelers can still sell natural diamonds for a premium. I think jewelry diamond prices are down in recent years, but not a crash. I think the market largely split.

The value of diamond jewelry feels quite nebulous to me. I remember looking at diamonds when picking an engagement ring and the jeweler had me look through the loope to examine microscopic imperfections, trying to upsell me on a different stone. Realizing the absurdity of using a microscope to assess jewelery which would otherwise only ever be seen by naked eye, the illusion of value broke and I purchased none.

[Ekaros]

The resale value of any diamond jewellery should tell all about real value of it. Unless it is actually rare and special piece my understanding is that value drops massively moment the payment clears.

Compare this to gold, silver etc. which do have labour, but still difference is mostly that and some buy/sell margin.

[darepublic]

Artificial means of creating gold has not made it less scarce. Diamonds on the other hand should be less expensive, its value is based on proving your love to someone. Diamond resale value sucks. Diamond hasn't changed at all in the process.