You are viewing a single comment's thread from:
RE: Is this the source for funding of Universal Basic Income?
I was at a robot/technology fair over the weekend and the contest this year from NASA was making an excavator/mining robot. That's the future but why the hell would that provide an income for everyone and not those who own the mining robots?
Does the term "ICO" mean anything to you?
How would you like to buy part ownership in a mining robot?
I am familiar with the term, is everyone else in the world aware of them and in a position to parley that information into a "basic income", whatever the fuck that is?
At this time it would be pretty foolhardy to invest in such a venture, someone might succeed someday but it won't be anytime soon.
nattering naboobs of negativity.
right now would be a PERFECT time to invest
keeping in mind that you should never invest any money in
ANYTHING
that you can not afford to loose
Don't bet the mortgage payment's in other words.
BUT.
SpaceX has brought the cost of 'getting into orbit' way down from what it once was.
AND
If you're in orbit you're halfway there to any place in the solar system.
Not only that but a company has already began the process.
I might just write a post about 'space' mining/manufacturing.
Thanks for the idea.
It's too soon to tell who will be successful or when, you might end up investing in the next Myspace instead of the next Google and maybe a few decades too early. Or maybe it would be like investing in a fusion company, viable fusion is always just 10 years away. I saw the winner of the space mining robot contest, it was pretty crappy. It's going to be a while before anyone makes money off of actually mining and bringing back space ore, except of course the people who win the government contracts to develop the technology. The guy with that robot was saying that they were more interested in sending it someplace like mars to mine ice that could be used as fuel for a future base or return trips than bringing precious metals back to earth. H3 on the moon could be huge but who knows who will get there and actually be able to bring it back at a profitable cost. You'd be better off investing in someone on earth making money mining already. There is an incredible amount of gold just lying around on the bottom of the Bering Sea.
I'll read that post ;)