- cross-posted to:
- news@beehaw.org
- cross-posted to:
- news@beehaw.org
We’d much rather spend money on fabulous vacations or boring mortgages.
You know, it must be that food and rent are a bit higher priority than the pressure stones… especially when more and more people cant afford those… food and rent i mean.
I find the thought funny … propose to your love with a hamburger instead of a ring…
I made her pancakes :)
A hamburger? My wife is worth a high end porterhouse for sure.
Not just murder. Mildly premium murder at the very least.
Good. Fuck rich people.
Prices are so bad that De Beers is for sale?! Wild.
Prices are so bad that De Beers is for sale?!
BHP’s bid for Anglo American, which owns De Beers, is playing a role too.
Artificially expensive shiny rocks less valuable than advertised.
Fun fact, reputable pawn shops don’t pay for gemstones because they’re effectively worthless. They only pay for previous metals. If you sell a wedding ring they’ll only pay you what the metals are worth.
Not really. They will pay you as little as they can get away with. Often that’s the value of the metals.
Fucking young people and their… lack of money!
Seriously! Fucking bums! Just borrow a few million from your parents FFS
Diamonds are worthless outside of industrial uses.
The same can be said for precious metals as well except precious metals can’t be manufactured. Their natural scarcity gives them some value beyond their utility.
Diamonds however are not scarce.
I disagree. They ARE pretty. Just not as pretty as a rose or a sunset and yeah best used as industrial tooling.
I would rate them above roses personally. Below a good sunset though; nearly nothing manmade beats those
Good sunsets are frequently man-made too, the most beautiful red glowing ones own their look to dust - air pollution.
Pedantry because funny: Diamonds and Roses aren’t man made either. On a more serious note, some things aren’t beautiful because they last but because they are fleeting.
Any rose you buy at a florist or other store is the product of centuries of selective breeding by horticulturists. So they are, in that sense, man-made. And now they’re getting into genetic modification.
In fact, if you bought someone a dozen wild roses, they might be disappointed.
Really, virtually anything plant-related you can buy in a store is a human creation at least in part. We don’t think of flowers we tend to grow and buy as domesticated, but they are.
Lab-grown rocks
When I was getting married a few years ago, I remember thinking fuck real diamonds lab-grown are literally the same thing. I remember getting some push back from some weirdos about how “real” diamonds are some how better or how people will think I’m a cheapskate or how people will feel bad for my wife…
Well, fast forward a few years and literally nobody cares, thinks about, or has said anything negative about my wife’s ring. We are both 1000000% happy and satisfied with the decision to buy lab grown.
When it’s time for children I recommend lab grown as well!
fuck children too
Username checks out
Why don’t you have a seat right over here.
username checks out.
please don’t
We decided on some cheap silver rings. We really didn’t want to carry around something extremely valuable everywhere. Go swimming and lose 5000€ in the lake? Do some yard work and lose your diamond ring there? Getting mugged and the robber is getting something really expensive? No, thank you.
Expensive wedding rings & jewelery did make sense in the past when women were not allowed their own money, bank accounts etc. as a way to escape an abusive husband. Pawn your expensive wedding ring, get cash for the getaway. But we’re not living in the 50s, my wife has her own bank account, is earning her own money, so no need for something like that.
We said fuck diamonds entirely, even lab grown, and even had to go out of our way to find something that didnt have diamonds on it somehow
I got us bare tungsten carbide bands. If “Diamonds are forever”, then tungsten carbide is 9.5/10ths of forever, and it’s the whole band instead of just a small easily-detachable part of it. More practically, it won’t get beat to hell like the white gold ring from my first marriage. Plus, if I ever need a really strong connector for jury-rigging something, I’m now carrying one with me at all times!
Tc won’t scratch, but it is brittle though.
Fucking noice, dude. 👏 Honestly, yeah, why even diamonds. They brainwashed us good.
Women love diamonds for their wide range of industrial applications.
Like making pickaxes and mining obsidian?
Thank goodness, maybe I’ll finally be able to buy a diamond pickaxe for what few emeralds I have. I’ve been having to use stone tools in this economy and I’d really like some obsidian for a nether portal.
I’d really like some obsidian for a nether portal.
Water and lava buckets, you peasent
They said they were using stone tools. You think they’d have spare iron lying around for a bucket?
Name checks out…
if you want to go to hell, just wait.
Rolex, you’re next
It’s interesting that people used to be like holy shit that person has a Rolex, it’s like $500!! Now people working at McDonald’s have a $800 Apple watch. Wild.
500!? Don’t Rolex watches start at about 20x that? The cheapest price I saw was $10,200.
That’s if I’m reading the info on this site correctly. But I think they’re stupid and wasteful, and also don’t wear a watch! If I had one, I’d sell it to put a down-payment on a home…
https://www.luxurybazaar.com/grey-market/rolex-prices-retail-vs-actual-market/
I like watches. I went to a smartwatch when the Pebble Time Steel came out - now on a Pixel watch - but I’d really prefer one of those Garmin watches with long-ass battery life.
I went from a Pebble Time to a Bangle.js 2. I miss the button-based interface that the Pebble had (the Bangle uses a touch-screen for most interaction) but otherwise it’s been a decent replacement.
My PTS is nearing its end. I have a PTHR on a shelf… will miss them.
I miss Pebble. That was the right blend of smart/simple with great battery life.
You’re right. I know people who have some and the average Rolex is around $25,000, not 500. Rolex are the fugliest watches though and I don’t understand the appeal.
I like mechanical dive watches but I also like them cheap. Thanks Vostok.
All essentials are going up but at least some useless luxury items are coming down.
Paying overprice for a lump of carbon is insane.
Bottom falls out on commodity made artifically rare through imperailism and corruption. Is this the part where I’m supposed to feel bad for De Beers?
To be fair, diamonds are indeed rare on earth. But what made diamond price come crashing is because we now managed to synthesise the diamonds. These “fake” diamonds flooded the market. This is good news so that we don’t have to rely on exploitative extraction of the mineral.
They’re not especially rare, not even gem-quality ones. For several generations, almost every married woman in a western country had a diamond on her finger of some size. They found plenty of them to serve that market. The mines created artificial scarcity by colluding together.
If lab grown had never happened, diamond mines might not have been able to serve industrial customers. Industrial customers don’t care how it looks as long as it cuts, and so lab grown has been good enough for decades. Thus, you can get a two-pack 4.5 inch diamond angle grinder wheel at Home Depot for around twenty bucks.
Also because newer generations just aren’t sold on diamonds being a luxury item anymore. Your average Joe just isn’t paying their rent or more on a diamond engagement/wedding ring like they used to because, well, that’s their rent payment or mortgage for something that’s gonna lose value the second they walk out of the store.
The free market manages to solve a problem.
I wonder how much money it’s going to cost the diamond lobby to un-solve it.
Fuck De Beers.
Yay polyamory is taking off
If that was the case they would have pivoted towards selling polycule rings, they could sell N*M rings to a polycule with N males and M females