Diamonds are going through a "once-in-a-century crash." According to the Diamond Price Index, diamond prices have dropped to their lowest levels of the century. And the craziest part— From the historical peak in 2011 until now Prices have plummeted nearly 70%. People used to believe: Diamonds = Scarcity Diamonds = Store of value Diamonds = Forever But the market is ruthlessly shattering this perception. One of the biggest structural changes behind this is lab-grown diamonds (Lab-Grown Diamond). With an appearance and chemical properties almost identical to natural diamonds, they can be mass-produced at a price far lower than natural diamonds. Coupled with weak demand for natural diamonds, the entire industry's "scarcity premium" is being redefined. This chart serves as a brutal reminder for all investors: "Scarcity" can never rely solely on a narrative. Once technology can mass-produce substitutes, decades of scarcity premiums can be dismantled. And this is exactly why I’ve always believed the truly important aspect of Bitcoin isn’t that it "looks like digital gold." It’s this— The 21 million supply cap, written into the protocol. Diamonds can be cultivated. Gold can continue to be mined. But no one can suddenly print the 21,000,001st Bitcoin. ₿ The assets truly worth holding long-term, their scarcity must be impossible to replicate.