#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics
Lex Fridman Podcast
00:00
The Monopoly and Ethics of Diamonds in Marriage Traditions
This chapter examines the controversial reputation of diamonds compared to gold, highlighting how historical events shaped their popularity and the monopolistic practices that maintain their market value. It also delves into the ethical implications of the diamond trade, including the issue of blood diamonds and the potential devaluation of diamonds in the face of evolving market dynamics.
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