We also have the word quintillion, for a thousand quadrillion.
I think this is the realm where we should start using scientific notation
A hwhat now?
I prefer a billion billions.
What even is supply and demand
It’s how we make sure we retain poverty as a concept. Obviously valuation of an asteroid is currently pointless, but the idea of eliminating scarcity is more of a political issue than a resource one.
Yeah really. Look at how the Spanish took so much gold from south America that their economy tanked.
It’s impossible to assess the worth of a commodity in terms of its scarcity without the extraplanitary cache added in.
Like the price of very rare baseball card would come down a bit if a couple of thousand of that card where discovered.
So let’s consider a situation where scarce materials are suddenly no longer scarce but for some reason the price hasn’t changed. Multiply that through producing a figure orders of magnitude greater than the economy of earth for the sake of… catchy headline. The science and wonder of 16 Psyche isn’t enough on its own-- let’s relate it to money so the plebes gobble it up.
https://en.m.wikipedia.org/wiki/16_Psyche is a large M-type asteroid (…) named after the Greek goddess Psyche. The prefix “16” signifies that it was the sixteenth minor planet in order of discovery. It is the largest and most massive of the M-type asteroids, and one of the dozen most massive asteroids. It has a mean diameter of approximately 220 kilometres (…) …Historically, it was hypothesized to be the exposed core of a protoplanet, but numerous recent studies have all but ruled that out. Psyche will be explored by a spacecraft of the same name, marking the first time a manmade object will journey to a metallic asteroid. Launch is planned for no earlier than 12 October 2023, with an expected arrival in 2029.
Can I get me a piece of that asteroid?
Every article I’ve read about an asteroid compares its shape to a potato. So I guess it’s a blob, with maybe more blobs attached. Because potato isn’t a specific shape, it’s a specific lack of features.
