Diamond as real money?Before the introduction of FIAT money, GOLD and SILVER were considered as real money. Since terrorist groups and other investors who don't trust fiat currencies hold their assets in the form of gold, silver and diamonds, I beleive that diamonds could follow the price of gold, if fiat currencies collapse.
The DeBeers diamond cartel will have trouble controlling the price of diamonds when the new mines start producing.
I would like to know your opinions on the use of diamonds as real money.