Elon is working on a fully reusable rocket that aims to bring the cost of putting payload into orbit down to $100/kg. #Gold is worth $80,000/kg. That's a helluva arbitrage opportunity. The first company to return metric tons of refined precious metals from 16 Psyche will make the market like DeBeers. There are three companies currently working on solving the problem of asteroid mining right now, two American and one Chinese.
#Bitcoin is worth infinite dollars per kilogram. That's why mathematical scarcity is needed to measure value, in the face of the infinite abundance of the universe. View quoted note →
