UM-Bot Posted October 29, 2020 #1 Share Posted October 29, 2020 (IP: Staff) · An asteroid with enough riches to make everyone on Earth a billionaire is the subject of a new Hubble study. https://www.unexplained-mysteries.com/news/340453/new-study-targets-10000-quadrillion-asteroid 3 1 Top Link to comment Share on other sites More sharing options...
+Nuclear Wessel Posted October 29, 2020 #2 Share Posted October 29, 2020 Asteroids are going to be the future of mining. 4 Top Link to comment Share on other sites More sharing options...
Jon the frog Posted October 29, 2020 #3 Share Posted October 29, 2020 1 minute ago, Nuclear Wessel said: Asteroids are going to be the future of mining. To bring a lot of material from a planet against the gravitational pull is quite hard., asteroid could be the best place to find the materials needed to construct a space outpost and giant spaceship. 2 Top Link to comment Share on other sites More sharing options...
AstralHorus Posted October 29, 2020 #4 Share Posted October 29, 2020 Or make one corporation or govt absurdly rich..... 1 2 Top Link to comment Share on other sites More sharing options...
+OverSword Posted October 29, 2020 #5 Share Posted October 29, 2020 3 minutes ago, AstralHorus said: Or make one corporation or govt absurdly rich..... This is why I say all these space treaties are a big joke. Corporations won't sign on and in the next 100 years will hold far more wealth and power than every entity on the planet combined. 2 2 Top Link to comment Share on other sites More sharing options...
+Nuclear Wessel Posted October 29, 2020 #6 Share Posted October 29, 2020 1 hour ago, Jon the frog said: To bring a lot of material from a planet against the gravitational pull is quite hard., asteroid could be the best place to find the materials needed to construct a space outpost and giant spaceship. I imagine our first massive space ship will be built on the moon. I am imagining some kind of factory extending outwards from its surface, and the materials will be gathered from asteroids. 1 Top Link to comment Share on other sites More sharing options...
AstralHorus Posted October 29, 2020 #7 Share Posted October 29, 2020 2 hours ago, OverSword said: This is why I say all these space treaties are a big joke. Corporations won't sign on and in the next 100 years will hold far more wealth and power than every entity on the planet combined. Yup basically will be first come first serve, who will be rich or powerful enough to go up and stop you? The us govt? Pretty sure bezos could easily overstep them at this point. Link to comment Share on other sites More sharing options...
Seti42 Posted October 30, 2020 #8 Share Posted October 30, 2020 If we're still here in 100-200 years, I'm pretty sure some megacorp will claim it and use it to build a solar-system wide plutocracy. Link to comment Share on other sites More sharing options...
Wreck7 Posted October 30, 2020 #9 Share Posted October 30, 2020 15 hours ago, Nuclear Wessel said: Asteroids are going to be the future of mining. As a person who has worked around mines and mining for a long time I can tell you this, If you can discover a way to control dust in a zero G vacuum...you'll be rich. Until that problem is solved, I don't see mining in space happening. 2 1 Top Link to comment Share on other sites More sharing options...
RoofGardener Posted October 30, 2020 #10 Share Posted October 30, 2020 I dunno. The technical challenges of building a factory on the asteroid, and getting the metals back to earth - are formidable. Would it actually be cost effective ? Link to comment Share on other sites More sharing options...
thelion318 Posted October 30, 2020 #11 Share Posted October 30, 2020 No one understands finance. If that much supply was brought to Earth, the value would plummet. 2 Top Link to comment Share on other sites More sharing options...
Phatty Posted October 30, 2020 #12 Share Posted October 30, 2020 If everyone became a billionaire then a loaf of bread would cost a trillion. 1 Top Link to comment Share on other sites More sharing options...
glorybebe Posted October 31, 2020 #13 Share Posted October 31, 2020 This makes me think of arhe Expanse. Mining in space makes more sense for colonization, we only have a finite amount of resources on Earth. Link to comment Share on other sites More sharing options...
Grey Area Posted October 31, 2020 #14 Share Posted October 31, 2020 Doing an asteroid redirect and having some sort of orbital factory process the contents seems practical at a first glance. when you look at it from an economical perspective, flooding the global markets with any resource will result in chaos, look at the steel market and how China has completely screwed the price of steel by flooding the market. Global economics will need to radically change, because the people who invest the billions into developing the tech and expertise to make this happen will find their untold riches quickly diminishing in value. Link to comment Share on other sites More sharing options...
SmartAZ Posted October 31, 2020 #15 Share Posted October 31, 2020 Anything found in space has to be used in space. The cost of flying material down to the surface is more than the material is worth, even very costly material. Link to comment Share on other sites More sharing options...
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