News for hackers. Stuff that matters.
Re:Diamonds Keep Getting Cheaper by puranjay on Wednesday November 13, 2019 @02:25PM (#21528356)
I don't know if it's so much about the money as it is something that she just... wanted. I'm Indian so its custom to gift the bride a lot of gold. She eschewed that happily in favor of a diamond ring that cost a fraction of the gold she was offered otherwise.

But she loves her ring and has never spent a day without it. She will happily wear faux silver earrings but the ring is non negotiable.

Re:Diamonds Keep Getting Cheaper by roenxi on Wednesday November 13, 2019 @03:51PM (#21529405)
Your wife might be special, but there are differences in the signalling of a diamond and gold despite their superficial similarities.

Gold is famous for holding its resale value; so a gift of gold can in theory be unwound to recover the money spent. It is a signal of wealth.

Diamonds cannot be resold, the money may as well have been burned. It is a signal of wealth and commitment. There is also the added bonus that a diamond is not going to be stolen.

Re:Diamonds Keep Getting Cheaper by bsanr2 on Wednesday November 13, 2019 @04:14PM (#21529648)
>Diamonds cannot be resold.

I wasn't aware of this. What's the rationale?

Re:Diamonds Keep Getting Cheaper by praptak on Wednesday November 13, 2019 @05:00PM (#21530091)
Try the classic "Have you ever tried to sell a diamond?" article:

https://www.theatlantic.com/magazine/archive/1982/02/have-yo...

Re:Diamonds Keep Getting Cheaper by sbierwagen on Wednesday November 13, 2019 @04:17PM (#21529679)
They can be sold of course, but you'll get back maybe 50% of the purchase price.

https://www.diamonds.pro/education/sell-diamonds/

Re:Diamonds Keep Getting Cheaper by takeda on Wednesday November 13, 2019 @04:31PM (#21529819)
Superstition that wearing someone's wedding ring is a bad luck. Probably was similarly manufactured to keep higher demand for diamonds.
Re:Diamonds Keep Getting Cheaper by ncmncm on Wednesday November 13, 2019 @07:47PM (#21531583)
More that the people you would take it to have way too many already, and would love to unload them on the next pigeon.

I have got some mileage out of characterizing mined diamonds as symbolizing south-African slavery. At least, my wife didn't want one.

Re:Diamonds Keep Getting Cheaper by kirykl on Wednesday November 13, 2019 @06:07PM (#21530776)
>Diamonds cannot be resold, the money may as well have been burned

I wonder how much money you'd have to actually burn to extract enough carbon to create a decently sized diamond from it

Re:Diamonds Keep Getting Cheaper by ncmncm on Wednesday November 13, 2019 @07:42PM (#21531542)
Nothing like what they cost.

Paper is, what, 44-50% carbon by weight? Imagine a ring with the weight of even a small stack of bills.

It wasn't long ago that the paper was worth more than the rock.

But if you burn it, you lose the carbon. Char it instead.

Re:Diamonds Keep Getting Cheaper by smegger001 on Thursday November 14, 2019 @01:14AM (#21533196)
Paper was valuable enough at one point it was considered the traditional gift for first anniversaries in the U.S.
Re:Diamonds Keep Getting Cheaper by dan-robertson on Thursday November 14, 2019 @05:37AM (#21534365)
I think the reason that it is the first anniversary gift is that it was not considered valuable (unlike eg silver/gold/ruby/diamond/...)
Re:Diamonds Keep Getting Cheaper by ncmncm on Thursday November 14, 2019 @09:14AM (#21535465)
We used to joke that the 19th anniversary gift theme was packing peanuts.
Re:Diamonds Keep Getting Cheaper by sbierwagen on Wednesday November 13, 2019 @04:14PM (#21529650)
>I don't know if it's so much about the money as it is something that she just... wanted.

"Thou Art Godshatter".[1] Long-term fitness-increasing Machiavellian plots are encoded as simple human desires. Indeed, social plays like this one work much better if the host thinks it's something they "just want" rather than some grim manipulative scheme to prove your loyalty.

1: https://www.lesswrong.com/posts/cSXZpvqpa9vbGGLtG/thou-art-g...

Re:Diamonds Keep Getting Cheaper by btrask on Wednesday November 13, 2019 @05:02PM (#21530116)
You don't sound like a very romantic person. There are other things in the world more expensive than diamonds, but she didn't ask him to buy her a skyscraper or Renaissance painting. Different gifts have different meanings, and it's no less logical than different words having different meanings. People associate specific meanings with specific types of stones, flowers, beverages, you name it. You can't substitute "I greatly enjoy the time we spend together" for "I love you."
Re:Diamonds Keep Getting Cheaper by sbierwagen on Thursday November 14, 2019 @02:05PM (#21538297)
I must admit to some confusion. I am closely rereading my original comment, and I am failing to find where I suggested that buying a skyscraper is the same as buying a ring.
Re:Diamonds Keep Getting Cheaper by tomp on Wednesday November 13, 2019 @03:42PM (#21529300)
You're deluding yourself. She could not have at the same time "just wanted" a diamond ring and also "just wanted" you to overpay it 100x times (she cannot notice the difference, so a diamond and a non-diamond ring are functionally equivalent in her eyes, except that you're paying less for one of them)...
Re:Diamonds Keep Getting Cheaper by miketuritzin on Wednesday November 13, 2019 @04:23PM (#21529748)
It's also worth noting that it's possible to "just want" something for reasons that one isn't consciously aware of (e.g., feeling physically attracted to markers of health and fertility).