I honestly have never seen this comparison before it is rather fascinating!
The unit value of gold is going to crater as we get closer to realizing asteroid mining.
reply
Will astroids have gold in them? It will be hit or miss if they have gold, I think.
reply
Many do have large concentrations of gold and other precious metals. Those will be the first ones targeted for mining operations.
reply
We have to be able to go up to space and stay up there for prolonged periods of time.
reply
No, it's going to be robots. Sending humans into space is not even remotely economical.
reply
You still have to have a person up there to do the maintenance and control the robots.
reply
I don't think that's the plan. It's too long of a voyage for a person. They need it to be fully automated.
reply
Interesting. I dont think it can be done without a human up there.
No you don't. You can have other robots do it. All controlled by someone in orbit around the asteroid
reply
Have you ever done maintenance before? Do you know how hard it is to instruct someone else on how to fix something? Let alone a robot you have to control?
I think it will be more than that. Gold still has that "mobility" issue. Once people wake up it will be crazy, and yes, that's hopium speaking as well. The fact still remains BTC is the best asset known to man. (so far)
reply
veteran trader...
reply
Did you come up with this?
reply
Haha, I have never seen this before!
reply
Man you really have darth's cock all the way down your throat don't ya?
reply
Man, are you the one that got butthurt from darth? You sound like his ex lol
reply
No chance.
reply
Its interesting they use gold as a comparison, but fiat as its base.
reply