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#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics
Lex Fridman Podcast
The Diamond Czar Scam
Diamonds became popular as a thing in marriage after gold was banned. They're not very hard to make more of, so the reason we have scarcity is really artificial. There's effectively a monopoly of diamond producers and they restrict supply. I think there's going to come a point at some point that this monopoly is going to break.
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