Diamonds Suck (2006)
5 hours ago
- #ethical jewelry
- #moissanite vs diamond
- #engagement rings
- Diamonds are overpriced due to artificial inflation by the De Beers cartel and effective marketing, not scarcity.
- Moissanite is a lab-created gemstone superior to diamonds in brilliance, fire, and luster, at about 1/10th the cost.
- Conflict diamonds fund warfare and human suffering, making moissanite an ethical alternative.
- Diamonds are illiquid assets that lose value resale, while moissanite offers high quality and affordability.
- Spending less on a moissanite stone allows more budget for unique ring settings, avoiding debt for couples.