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> If the mission could kindly bring the asteroid back to Earth, every person on the planet — all 7.8 billion of us — would get roughly $1.2 billion, based on cu
by ed25519FUUU 6y ago
> If the mission could kindly bring the asteroid back to Earth, every person on the planet — all 7.8 billion of us — would get roughly $1.2 billion, based on current metal prices.
Are they intentionally messing with us with statements like this? That much supply of any metal (precious or otherwise) would cause the price to completely collapse. It would be worth basically nothing.
- trevyn 6y agoIt creates a teaching moment for people who believe it could actually happen.
- rkagerer 6y agoI find that figure a lot easier to visualize than whatever quadrillion, and for that purpose using face value is exactly what I would expect (attempting to correct for market realities would only confuse me).
- jjeaff 6y agoIt would only create that much supply if you offered all of it up for sale immediately.