@internetofvalue
7 months ago

What's a lie most people believe to be true?

0 0
The biggest lie that people believe to be true is that Diamonds are worth something.

Diamonds are actually worthless. Diamonds have value because in the 1930s, diamonds company De Beers, which owns major diamonds companies even today hit a gold mine with their campaigns about engagement rings.

Since then, they curbed the supply to increase demand and eventually increasing the prices of these carbonised rocks. It was so successful that people even today think Diamonds are necessary for proposals.

Today, diamonds can be created in a laboratory in China and sold as "real" diamonds.

if you buy Gold ring today and return in 1 day, chances are you'll get your money back.

If you buy a diamond today and try to return it, people won't buy it back for even 25% of the value.

So yes, this is the biggest lie that Diamonds are worth something.

Sources:



Videos:


Collapse
1 comment
"News opinions about finance is true." -> 90% of the people take financial decisions based on news.

Arguably the biggest lies in the entire world, these people, a group of cartels, joining hands with the government, and the centralized banks make people believe that earning money is very easy through Fixed deposits, or 401ks, government bonds, or even mutual funds, and buying and Holing shares for a very long time.

My opinion: Isnt something wrong in one thing? How on earth can "everyone earn money" just by investing into something and let it grow magically?

If everyone can earn money (yeah, everyone can actually earn money that simply, just by stashing their money into a fixed deposit, or a mutual fund for 10-15 years)
then where is the extra money coming from?
ever gave it a thought?
The extra money is silently printed by the banks and brought into circulation this way.

Here, I come with a second thought: "Money, or the fiat currency itself is a lie, its an illusion."

Upvote if you find this strange answer relevant.
Thanks...!
Collapse
1 comment
Coffee contains caffeine and tea contains theine. This is wrong because caffeine and theine are the same molecule.
Collapse
1 comment
That paracetamol can cure a hedache, fever, bodyache and even a cold or flu. Headache in most cases is caused due to lack of water in the body. Drink water and it will disappear.
Collapse
2 comments
Congratulations for a hundred years
Collapse
1 comment
The world only exist in the form & manner, in which we see it.

However, the reality is - we can only see a particular frequency of the light & there are a whole different & unexplored beings that exist, which we can't see on Earth
Collapse
I’m fine.
You hear it from others. You say it to them.
You failed an exam. The test paper is slipping through your fingers. Your friend walks up to you.
I’m fine.
Someone called you disgusting. You look in the mirror and stare at your face. Flabs of skin hang down your chin.
I’m fine.
You notice your friend hiding scars on wrist. She has been wearing that jacket for a week. She can barely whisper it out.
I’m fine.
It has, is being, and will be repeated over and over again.
Collapse
The lie that the Ghosts exists. Many people in India believe it.
Collapse
That india will become a world super power
Collapse
1 comment
People believe in ghosts..never proven to exist but still fear them
Collapse