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If we can talk long term, then a survey of the asteroid belt would reveal two special bands of density: close to ice, and close to gold. Returning a gold astero
by ttyprintk 2y ago
If we can talk long term, then a survey of the asteroid belt would reveal two special bands of density: close to ice, and close to gold. Returning a gold asteroid to Earth orbit has straightforward economics. Build a small cylinder or globe around an ice asteroid and melt just enough of it to kickstart the greenhouse effect.
- bee_rider 2y agoGold is only really valuable because we agreed it is; it has industrial applications (good conductor, malleable) but mostly it is priced based on its prettiness. If we were suddenly totally awash in gold, I guess the price would go down. It is fairly dense, so maybe the best application for gold if you have lots of it in space (and not many morals) might be to threaten to drop it on people/cities/whatever.
- christophilus 2y ago> If we were suddenly totally awash in gold, I guess the price would go down. Yes, and this has happened at least twice in history: when Europeans discovered the Americas and moved a bunch of gold into Europe, and when Europeans discovered World Wars and moved a bunch of gold back to the Americas.
- PaulHoule 2y agoEuropeans stole so much gold from S America it messed up the economy in China.
- Mistletoe 2y agohttps://static.seekingalpha.com/uploads/2008/1/7/cngold106big.gif https://static.seekingalpha.com/uploads/2008/1/7/cngold106bi... This is a neat chart.
- ttyprintk 2y agoYet 75% of all gold was mined after 1965, and that chart doesn’t seem to notice.
- ttyprintk 2y agoIn space, ices are valuable than gold. But, as part of private financing for a survey of the asteroid belt, Earth should prepare for disruptions to precious metals. In fact, a disruption from even the whiff of effectively returning a glut of precious metals to Earth. Even a lie about such a mission.