Message from @Mal
Discord ID: 426669953807155210
i.e. much easier for rich people to become richer
than for poor people to become richer. Who'd a thunk it.
Gold only has a "perceived value" for the most part, but... its value has been fairly reliable over millennia.
If I had to invest money in something I knew would keep value, I'd probably go for weapons actually
As long as there's two humans on earth, there'll be a market for weapons.
Yes, you can invest, but now there's a risk of losing money.
Can you invest all of it?
Would you invest all of it?
I would probably invest in real estate
Worked for Trump.
I mean the prices seem to only go up
And you can rent it
Until the next bubble, that is.
unlike gold
bubbles are a very real risk in real estate
Real estate will go up until population declines.
china has one waiting to happen
AKA as long as we have immigration, real estate and agriculture grow in price.
Can you imagine if Elon Musk finds an asteroid made of gold? He'll make it to the history books as the first UN-sanctioned death penalty to save civilization.
i wonder what dusty thinks of secular talk
They are friends I think
How does a Gold asteroid helps anyone?
maybe it's me being an idiot, but I actually don't get why people hate conservatives so much. Even if you think they're literally killing the poor, they've agreed to play the game of politics so we can just vote them out
How would they even bring it back?
far left doesn't agree to the game of politics, they want the game of censorship.
Black Science Man keeps talking, the first trillionaire will be the one that finds an asteroid made out of gold or platinum. But truth is, the world's economy might not be able to handle all that. The value will crash faster than a dinosaur-killing asteroid.
Well, balck science man is no black economist man
Unless they can't actually bring it back to earth, in which case it's worth absolutely nothing
Of course, everyone ignores the amount of fuel to haul an asteroid around.
He is upset about the photo of Sargon with PJW
Even so, let's assume they get it back. How heavy is this asteroid we're talking about?
Let's assume it's either of pure gold or platinum, we'll figure out which later. How many kg we talking here?
probably thousands or millions of tons
Then we've a simple solution. Rather than a full on sale of it, they have to sell in intervals, only so much at a time.
At the highest end, we have asteroids in the 10^15 tons range.
That way instead of them just crashing the price because now there's an oversupply, there's a level of control to the price. This is all assuming they even sell it to begin with.
@dko you can't bring back a moon sized asteirod