It was Marilyn Monroe who famously said, “Diamonds are a girl’s best friend.” This appears to still be true today, but sometimes bitcoin can be just a good a buddy to those wanting to get their hands on a particular gem for that special someone. Thus, iDIAMONDS comes in.
Jewelry e-commerce retailer iDIAMONDS has partnered with bitcoin payment processor BitPay and is now allowing users to trade bitcoin for diamonds and related jewelry.
CEO Dan Gildoni proclaimed his confidence in the potential trading the company now offers, saying:
“First, as the famous quote says: ‘Diamonds Are Forever.’ They traditionally increase in value, are a stable product, and are a sought after commodity in their own right.”
Between Greenpeace, Microsoft, Dell, Wikipedia and Overstock, bitcoin appears to be on the verge of mass and universal adoption, and iDIAMONDS apparently wanted a piece of that action; to get with the times and make the next move in the worldwide game that is bitcoin trading, and now it is doing so by pushing the digital currency forward while also offering users a wide variety of jewelry.
The online platform has found that the largest issue consuming diamond-shoppers is the overwhelming amount of cuts and sizes, as well as the extensive array of information available. Diamond education is said to cover over one million pages on the Internet, and the company is hoping that their adoption of bitcoin will make their process easier for gem and digital currency enthusiasts alike.