Tag: SpaceEconomy
Harvesting Gold from Asteroid Psyche Could Be Economic Boon, Not a Bust
Contrary to popular belief, harvesting gold from the asteroid Psyche wouldn’t lead to an economic collapse. Psyche contains about $10,000 quadrillion worth of gold, which could make gold nearly worthless if brought to Earth. However, this article argues that cheap resources, similar to how aluminum became an [more…]