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This story - Diamonds are Bullshit - comes up regularly, and I bookmarked it back in 2013 because it's so good.

https://news.ycombinator.com/item?id=5403988

There is nothing to miss about the impending death of the 'diamond industry'.

(Oh, the link is broken on the HN 2013 story -- try this one: https://priceonomics.com/diamonds-are-bullshit/ )



When I saw the headline I immediately thought: "couldn't have happened to nicer guys /s"

Why is it that everyone seems to have a soft spot for industries that have some kind of monopoly, suddenly losing that monopoly.




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