The paradox of value is the contradiction that, although water is on the whole more useful, in terms of survival, than diamonds, diamonds command a higher price in the market.

Why do we value diamonds more than water?

One bolt don commot for this one head

Muyiwaipere:
One bolt don commot for this one head

IF diamonds were to suddenly disappear from the face of the earth people will find other gems and precious metals to replace them.
If all water on earth were to suddenly dry out, Plants, Animals and Humans alike would all die of thirst unless the scientists were able to synthesise water in the lab (which they can).
If you were to stop drinking water for a few days you will quickly feel the effects.

IF diamonds were to suddenly disappear
from the face of the earth people will find
other gems and precious metals to replace
them.


If all water on earth were to suddenly dry out,
Plants, Animals and Humans alike would all
die of thirst unless the scientists were able
to synthesise water in the lab (which they can).


If you were to stop drinking water for a few
days you will quickly feel the effects.

How often do you see diamond?

Water is a common natural resource, while Diamond is a rare natural resources

Amotolongbo:
How often do you see diamond?

Water is a common natural resource, while Diamond is a rare natural resources

I now understand.
It is the scarcity/rareness of diamonds that
make them valuable.