August 29, 2016

PITY THE POOR MALTHUSIANS:

A New Kind Of Ethical Diamond Is Made, Not Mined (JESSICA LEBER 08.29.16, Co.Exist)

In one end of a facility in Silicon Valley goes electricity--lots of it. Out the other, comes an armored truck stashed with diamonds.

In the middle are 8,000°F plasma reactors and more than $100 million in investment to power a startup that is on a mission to make ethical, sustainable diamonds in California. [...]

Lab-made diamonds aren't new. Since the 1950's, they've been used in industrial applications, but they always had impurities that kept them out of the jewelry sector until recently. Only in the last five years, a few companies achieved the holy grail: colorless diamonds that could not be distinguished from the real thing.

It's impossible to overstate deflation.

Posted by at August 29, 2016 1:47 PM

  

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