Essential reading about the diamond industry: https://www.theatlantic.com/magazine/archive/1982/02/have-you-ever-tried-to-sell-a-diamond/304575/
Basically diamonds weren't even valuable until a PR campaign by De Beers and are a fake monopoly. They're even more bullshit than they sound, and buying really expensive rocks does sound bullshit.
Essential reading about the diamond industry: https://www.theatlantic.com/magazine/archive/1982/02/have-you-ever-tried-to-sell-a-diamond/304575/
Basically diamonds weren't even valuable until a PR campaign by De Beers and are a fake monopoly. They're even more bullshit than they sound, and buying really expensive rocks does sound bullshit.