Comments by "Samson Soturian" (@samsonsoturian6013) on "The Perfect Synthetic Diamond" video.

That South Africa diamond has a story to it. The kid picked it up and played with it because it was shiny. An Afrikaner offered to buy it, but the boy's mother was about to just let him have it. He had to inform them just how insanely valuable it was.
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Caveat: Factories value diamonds according to hardness. Jewelers value diamonds according to shininess.
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@georgeshapiro301 also a lesson in why Africa is poor
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@AsbestosMuffins Why do the people that know the least about Africa have the most belligerent opinions about it?
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The fat profit margins are partially due to the high risk of diamond mining. Two men may mine the same mountain but one strike rich on day one but the other work for a year. But yeah, for most of its history, diamond monopolies have been legal.
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In many parts of Africa it never ended, they simply stopped calling them slaves. In Mauritania, for instance, an estimated 20% of the population are bonded labor and police will arrest escaped "employees" despite slavery being illegal. But as for these diamond mines these were simply grunt native labor and life in the mines paid better than farming and one successful score stealing a diamond was totally worth getting fired over.
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@wile123456 near all diamonds are purchased by men
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If you could make a diamond you can make any gem. Also, common ugly diamonds are used in many industial cutting tools.
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The majority of diamonds are used for industrial cutting tools, only the shiniest are put on women and rich chumps.
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Were those the guys on Mythbusters debunking those "make your own diamond" videos?
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@NielMalan I'm recalling a story I heard in childhood. Perhaps you're right.
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Get creative when adorning your lover. Get her a tigerskin coat, a royal garmet in Africa.
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@kalactose348 kinda wasteful when it comes down to it
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Jealous, much?
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I forget where I read it, but the most appreciated gifts are often the ones difficult for the giver to obtain but of little monetary worth to the receiver. I.E. When Elon Musk realized he forgot to get his wife a Christmas gift, he is reported to have run out into the snow to gather flowers for her. I'm sure that move had more effect than a last minute expensive gift.
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These weren't slaves, but underpaid grunt labor. And yeah, theft is a big issue with diamonds in Africa because they all know just one successful score is worth getting fired over. Likewise, Jumia Technologies (the Amazon of Africa) reports that as much as 10% of profits are lost to petty theft and investors take it as simply an overhead cost.
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@rangergxi They're used in industrial cutting, especially stone cutting tools.
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Finished diamonds are serialized, why?
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They literally weren't slaves, but grunt labor making more than they'd make farming. And yeah, theft is a big issue in any African company
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Gold is, diamonds are used for industrial cutting devises
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They sure as hell don't
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They buy from who's selling
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High risk business also equals fat margins. Big business means jealous ibn sharmouta whining about profit margins. To be fair, until the last few centuries business monopolies were legal.
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@weedmanwestvancouverbc9266 That was just an illustration I pulled out my butt
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@CHMichael I see where that math comes from relative costs of living as you can buy anything in Africa with a twenty dollar bill (literally, anything). However, whatever finished product the Africans make must be moved to the consumer, and that may be more expensive than all other labor and material costs. Also, the lack of skilled labor and equipment means that many products cannot be made in Africa and others are cheaper to make in the developed world (like staple foods).
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@igameidoresearchtoo6511 you wouldn't even know where Jo-berg is to make that kinda racist assessment.
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@igameidoresearchtoo6511 the assertion that all white people are racist is itself racist. Comprendé, estupido? And do you even know who colonized South Africa?
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