Enough gold to make everyone on earth billionaires!

avatar
(Edited)

Abundance?

Off course this equation doesn’t add up, and the laws of economics would make it entirely different! But there’s more to this story…

If you brought that much gold back to Earth, it wouldn’t make everyone a billionaire.
It would make gold worthless.

Flooding the global supply with $700 quintillion of anything collapses its price instantly. You don’t get universal wealth, you get hyperinflation so extreme the entire concept of “gold value” evaporates.

Psyche’s real value isn’t the metal.
It’s the infrastructure you’d have to build to mine it.

Whoever builds orbital industry, autonomous mining, and in-space refining doesn’t get rich because of the gold. They get rich because they unlock an off-world economy.

Space mining isn’t about precious metals. It’s about escaping Earth’s scarcity model entirely.

Sincerely,

Pele23

Posted Using INLEO

hive-167922 crypto Economy Bbh cent Creativecoin Proofofbrain Archon Lassecash Neoxian
0
0
0.000
6 comments
avatar

I wish this were possible. Then no one in this world would remain poor.
But one more thing is that before this treasure reaches the ground, this world will face a third great war.

0
0
0.000
Reply
avatar

Have you read Daniel Suarez‘ Delta V? That’s a great SciFi novel about asteroid mining and stuff!

0
0
0.000
Reply
avatar

This is a lie.

Earth is flat and there are no astroids.

Posted using LasseCash

0
0
0.000
Reply
avatar

Hey, Lasse. Thanks for telling us "This is a lie." before you lie.

Now can you start all of your future posts with the disclaimer "This is a lie."

0
0
0.000
Reply
avatar

Everything you write is based on lies, manipulation, BALLHEAD views and more manipulation.... its really wierd you will hurt yourself this way, since you are attacking the best guy on Hive for years now!!!

0
0
0.000
Reply