Why can t diamonds replace gold as a hard currency?

Updated on Financial 2024-06-04
29 answers
  1. Anonymous users2024-02-11

    The requirement of hard currency is not only that the material itself is precious, but also that it has a certain quantity enough to support its circulation in society. Although diamonds are very precious, they are obviously so precious that they can't support such a large circulation, so diamonds will always be an expensive substance, a precious gemstone, even far more precious than **, but it can never replace ** as a hard currency.

    And as far as the most influential global economy is concerned, it has to be counted.

    It can even affect the currency circulation of the world and the monetary value of each country through its content, and the impact on currency can even derive a separate research system, so you can see how much influence it has on the world.

    Therefore, compared with the status of diamonds, it is actually like rice grains and big fish and meat. Everyone loves to eat big fish and meat, and hopes that big fish and big meat can become a staple food, but that's impossible, don't say that you can't afford to consume it, and even if you really take big fish and big meat as a staple food, you yourself will not be able to stand it, and the consequence of eating too much meat is fire and obesity.

    Therefore, diamonds cannot replace ** as hard currency, but this cannot prevent diamonds from becoming one of people's favorite jewelry, and it has attracted countless people to be crazy and intoxicated. Diamonds are eternal, a forever, the hardness of diamonds and a variety of anti-oxidation and anti-decomposition characteristics make the value of diamonds seem to soar, indeed diamonds because all are highly dense carbon molecule carbon elements, making him exceptionally strong and more resistant to various external erosions, so merchants use it to compare loyal love and eternal time, which makes diamonds more precious collection.

    I also like diamonds.

  2. Anonymous users2024-02-10

    I am an ordinary person, so the number of diamonds and ** I can see in my life is limited, but I feel that I have some ideas about why I can't replace ** as hard currency for the time being.

    For the time being, when I was getting married, my husband bought me a half-carat diamond ring and gave it to me, which is the only diamond I have ever touched. There is only a small amount of half-carat diamond, but its value is very high, more than 10,000 yuan. If we are trading with other people's generic diamonds, if it is more than 10,000 yuan or thousands of dollars or hundreds of dollars, how small diamonds do you want to give to others?

    This is very inconvenient, and it is very insecure for you to trade such a small diamond with others, and it is easy to lose it. That's number one.

    But there is no this, the problem is calculated on grams, a gram is more than 300 yuan, if you want to trade with others, you can also take it out very well, this is the problem of value.

    Second, the reserves of diamonds on the earth are very small, but the population of the earth is very large, and for you, that is, with the existing reserves of diamonds, there is no way to make the people on the earth use him as hard currency.

    Third, as a hard currency, because it can be used in many technologies or cutting-edge aerospace technology, but diamonds have no other use, the only use is hard and beautiful, then he has no other use, if there is a war or a future era of scarce resources, there is no specific use, but it can be used at any time, because it can be used as a resource.

  3. Anonymous users2024-02-09

    ** Since ancient times, it has been the highest position as a currency. It has been a metal that has been used as a hard currency in modern times and is the only safe currency as a hard currency. **It has considerable value in the application of the electronics industry, military products, aerospace, etc.

    Including electronic chips, contacts, circuits, etc. There are a large number of markets for private jewelry, currency storage and preservation.

    Because ** scarce, and production difficulties, can be used as a currency can not be issued in large quantities to lead to depreciation, so it is "hard", the dollar can be issued casually as long as it is not afraid of sequelae, so it is "soft", in fact, before the synthesis of diamond, "diamond ring" can also be regarded as a hard currency. However, diamond rings are inconvenient to divide, that is, they cannot be "scattered" like tickets and gold, so they are generally not considered "currency", that is, they do not have the qualification of currency under normal circumstances.

    Although diamonds are scarce but have limited role, they can only be used as ruby lasers, drilling rig prospecting, optical instruments, jewelry devices, etc. Gold is not renewable, diamonds can be artificially manufactured on a large scale, as long as there is enough pure carbon, carbon crystallization can be made in a high-pressure and high-temperature environment, that is, synthetic diamonds.

  4. Anonymous users2024-02-08

    **It is inert metal plasticity and purification are relatively simple, and many things are produced with this characteristic of **, which can simplify the steps a lot and save time, even if ** is mixed, it can also be extracted relatively simply. Diamond? It is relatively easy to produce, not easy to distinguish, and the only value that exists is hardness and good looks.

  5. Anonymous users2024-02-07

    There are a variety of different grades of diamonds, and their value fluctuates too much to have an exact value. Unlike diamonds, gold can be purified, and the value of pure gold can be quantified, that is, the value is easy to measure. In addition, diamonds are fragile and hard, but they are not immune to impact.

  6. Anonymous users2024-02-06

    The content of diamonds is not a lot, but the production is strictly controlled, and you can go if you don't believe it.

  7. Anonymous users2024-02-05

    In general, "scarce is expensive". As long as there are many things in the world that are useful to human beings, once the production is reduced, coupled with hype with ulterior motives, these scarce things will become very valuable. As for things like diamonds, there are reasons for that.

    The reason why it cannot replace ** as hard currency.

    The movement around the world is largely due to its scarcity and inability to meet the needs of tens of thousands of transactions. So in many cases, diamonds are collected as treasures or as a symbol of power and nobility, and their value is much higher than **.

    It is precisely because of these reasons that diamonds cannot replace ** as hard currency, and the largest impact on the world's economy is **. It can even affect the circulation of money in the world and the value of currencies in various countries through its content, and the impact on currencies can even derive a separate research system. This shows how much influence ** has on the world.

    The requirement of hard currency is not only that the material itself is precious, but also that it has a certain quantity sufficient to support its circulation in the society.

    Although diamonds are precious, they are obviously too precious to support such a large circulation, so diamonds will always be an expensive substance, a precious gemstone, even far more precious than **, but it can never replace ** as hard currency, according to me as a liberal arts student.

    With very poor knowledge of chemistry, diamonds seem to be made of carbon, and the molecular structure seems to be the most stable, so they will not be worn easily. It is also highly brittle and stable in general. If you want to be a generic equivalent, you must meet at least two criteria.

    One criterion is high value, that is, the scarcity is expensive, and the other criterion is whether you can cut them into smaller units and enter the market circulation. It's like a hundred, fifty, or ten dollars for our people, all of which are necessary, and although diamonds meet the requirements of the former, they obviously cannot be cut into many pieces, and the ancient technology is not mature enough to enter the market as a universal equivalent.

  8. Anonymous users2024-02-04

    Because it is the world's currency, it has a particularly strong ability to resist inflation, and it can also play a role in stimulating losses to hedge against risks, so it will be regarded as hard currency by international capital. Although it is more expensive to buy diamonds, many countries do not recognize diamonds.

  9. Anonymous users2024-02-03

    This is due to the fact that it is a common currency, and it is a rare metal, and it is commonly used in the world, so it can be used as a hard currency, and the mining degree of diamonds is relatively low, and diamonds do not belong to metals, and the value is relatively low in the world.

  10. Anonymous users2024-02-02

    First of all, it is measured according to the prophecy of **, which is very rare and cannot be manufactured, and has gained international recognition. Therefore, it is selected by investors as the most important fund hedging tool.

  11. Anonymous users2024-02-01

    But platinum can't, mainly because the value of ** is higher than platinum. It is a very stable investment, so we can also choose to invest in Yellow Bend Distress Gold.

    Why can't platinum be messed with?

    We can go to the Internet to check some information, in real life, many people especially like to buy, most of the girls feel that **is a kind of ***, so it looks very expensive, but some people want to do investment, so they plan to buy**, because ** is a relatively stable investment, so the possibility of loss is relatively small. If you are also planning to enter the investment market, then you can consider buying, but there will be certain fluctuations, so we should be prepared in advance, but the value of platinum is lower than that of **, and platinum is worthless.

    How should we choose?

    Girls love beauty very much, so girls will also choose to buy platinum, or ** such products, of course, there are other female friends will also buy diamonds. There are some investors who also plan to buy, because it is a kind of ***, so the yellow burial of the gold will not depreciate, and the floating is relatively small. We can go to the Internet to check some information, or pay attention to the relevant policies in a timely manner, but every year in March or July is the first cold period, we can choose to buy ** jewelry at this time.

    Summary. You don't need to be overly anxious, because each of us will have our own choice, so of course you can choose to buy, because the value of ** is very high, and we can also sit back and wait for **appreciation. However, there is also the possibility of depreciation, so we should understand the market information in advance and be sure to do market research.

    In this way, you can have a better investment.

  12. Anonymous users2024-01-31

    Because the ** of platinum is not higher, and the value of platinum is not very good, and the output of platinum is very large, so it cannot be used as hard currency.

  13. Anonymous users2024-01-30

    Because **scarce, and not every country has**resources. As a stupid equivalent, the yellow calendar gold has value. Platinum is not high because of pure fingers, and the material inside cannot be checked immediately.

  14. Anonymous users2024-01-29

    It is determined by the characteristics of **, because ** is very scarce, has not undergone large-scale processing, and is also corrosion-resistant, can be stored for a long time.

  15. Anonymous users2024-01-28

    **It is easy to distinguish the real from the fake, because the soft production process is simple, and the quantity is known to be rare, and it can be used as money since ancient times.

  16. Anonymous users2024-01-27

    One of the reasons why it is hard currency is that its industrial value is very important and the quantity is scarce. A lot of very important and high-end industrial machinery needs to be used, some general industrial machinery, if the first material is used, the quality and durability will be much better. Of course, this includes a lot of military equipment and **.

    So ** is one of the reasons for hard currency.

  17. Anonymous users2024-01-26

    There is no real hard currency in the world, it depends entirely on the needs of human beings, the hard currency of the energy crisis becomes oil, the hard currency of famine becomes food, and when everyone puts on suspenders and combs up the middle, the hard currency becomes a basketball.

  18. Anonymous users2024-01-25

    Yes, human beings have gradually formed the use of gold and silver as general equivalents in the long production practice, which is recognized by human beings, and can transcend the limitations of time and space, because it is fixed, so it is more valuable, but as long as it is a commodity, it will be affected by supply and demand, and it will fluctuate up and down around the value. (Fundamentals of High School Politics).

  19. Anonymous users2024-01-24

    On the premise that production does not increase suddenly, it is definitely hard currency.

  20. Anonymous users2024-01-23

    Looking at the market, when the local currency devalues or inflation, it must be hard currency, and when the world is facing a crisis, the value will depreciate. Gold and silver are not naturally money, but money is naturally **.

  21. Anonymous users2024-01-22

    ** is the only true international currency.

  22. Anonymous users2024-01-21

    The hard currency that ranks first is (grain), followed by waiting....

  23. Anonymous users2024-01-20

    There is no doubt about it! Although it is unlikely to hold its value.

  24. Anonymous users2024-01-19

    Absolutely hardcore, cash out immediately if you lack money, leverage.

  25. Anonymous users2024-01-18

    Natural currencies have very powerful application value in their own right.

  26. Anonymous users2024-01-17

    Or my 200 kg ** property insurance.

  27. Anonymous users2024-01-16

    Prosperous antiques, troubled times**, what do you say??

  28. Anonymous users2024-01-15

    Of the 200,000 tons that can be mined in the world, 190,000 tons have been mined.

  29. Anonymous users2024-01-14

    Because under the universal establishment of the gold standard, it has achieved a dominant position, and to a certain extent, it can carry out international means of payment, international purchase means and international transfer of wealth, fight inflation, maintain value, and excellent hedging function.

    It is a natural resource, because of its rarity, it was used as currency in ancient times, and because of the implementation of the gold standard system, it has laid a good foundation for economic attributes. **The reason it is called hard currency is that it has the effect of risk aversion and hedging. **It has always been regarded as the hard currency of the international capital market and selected by investors as the most important capital hedging tool.

    **Nature is not money, money is naturally gold and silver. Although ** has been withdrawn from the market as a currency, its attributes as a currency remain. The credit money circulating in the market is based on a country's commitments, and the currency itself is worthless.

    However, it is not based on credit, it has a high value in itself, so it can survive in a crisis. **There are two main reasons for today's status, one is its own value attributes, and the other is affected by the economic environment, both of which are indispensable. In other words, even if it is not **, but another natural resource that has undergone the same development process as **, then it can become the hard currency of today's world.

    At present, people mainly make profits by investing in investment products with the best trading objects, and people's risk sentiment in the market can also be reflected in the changes, a qualified investor needs to have a comprehensive grasp of this information, and at the same time choose a safe and standardized platform to operate in order to get more investment profits and achieve real investment goals.

    Hard currency instead of other metals is because it has a great relationship with the economy after being combined with human social life, that is, it has an economic attribute that is difficult to dissolve. ** has gradually become a constant measure of the economic value of other commodities used by human beings. **Has the properties of natural currency.

    The constant nature of the ages, making it the best raw material for money. It is impossible to produce it indefinitely, and no matter what you put it in, it will never be discolored or degenerated. **Can be exchanged for the currency of the local country in various countries of the world.

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