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756 sats \ 8 replies \ @Undisciplined 22 Jan \ on: What coming breakthrough will usher-in a new golden age for humanity? science

Taking the prompt literally, asteroid mining. There's so much gold up there and gold is incredibly useful for a ton of applications.

28 sats \ 1 reply \ @Fabs OP 22 Jan

But go on, how would be go about that, and what's being done in that regard?

0 sats \ 0 replies \ @Undisciplined 22 Jan

Many of the richest people in the world are already working on asteroid mining projects. There are different approaches being considered:

Wait for a relatively near approach and try to mine whatever minerals happen to be present.
Identify a particularly suitable asteroid and send robot miners out to it.
Try to nudge a mineral rich asteroid into Earth orbit and then send the robot miners up.

28 sats \ 3 replies \ @Fabs OP 22 Jan

...That, and it would absolutely tank Gold's price into the ground, establishing Bitcoin as the #1 SoV.

0 sats \ 2 replies \ @Undisciplined 22 Jan

Partially correct. It's very resource intensive to go get it, so they're not going to mine so much that it's not worth having mined it.

I actually see bitcoin displacing gold as the premiere SoV as doing the same thing as asteroid mining. The monetary premium fades away and a bunch of this really cool material gets freed up for industrial and artistic use.

28 sats \ 1 reply \ @Fabs OP 22 Jan

Let's aim for $Silver's MCap in the meantime, shall we.

0 sats \ 0 replies \ @Undisciplined 22 Jan

The wheel weaves as the wheel will.

49 sats \ 1 reply \ @brandonsbytes 22 Jan

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0 sats \ 0 replies \ @Undisciplined 22 Jan

It is fun to think about, but I think it will pretty much just be robots up there.