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Opportunities of unfathomable scale like this are so intriguing, because the solution is not limited by cost - only by our technological abilities
by hammock 4y ago
Opportunities of unfathomable scale like this are so intriguing, because the solution is not limited by cost - only by our technological abilities
- SN76477 4y agoExcellent point.
- seizethecheese 4y agoYes and this is only a clear and dramatic example. In theory, this actually applies to everything.
- smaddox 4y ago> the solution is not limited by cost I'm not so sure... The valuation seems a bit absurd to me. Using the same valuation system, what would be the valuation of Earth? Cost of extraction and transportation is still (and always) a consideration. Would the asteroid be significantly cheaper to mine than metal-rich veins on Earth? Even given hypothetical technology, could we not apply the same technologies to mine the same metals here on Earth cheaper? I don't know the answers to these questions, but they're interesting to ponder.
- hammock 4y ago>Using the same valuation system, what would be the valuation of Earth? Google says Earth is worth $5 quadrillion. So this one asteroid is four or five orders of magnitude more valuable than everything we’ve ever known
- joshspankit 4y agoIs that just the reductive cumulative value of the raw materials?