[al baby]

No one is going to go up there and mine that thing an a quadrillion years so bfd

[COBOL2Java]

No one is going to go up there and mine that thing an a quadrillion years so bfd

You kidding? Harry S. Stamper would!

[ModelBreaker]

“No one is going to go up there and mine that thing an a quadrillion years so bfd”

They may mine it sometime in the next 50 years. But that’s only after getting it to market is cost effective.

I suspect the value of the iron in the earth is equally huge. But it hasn’t destroyed the world economy yet.

[Secret Agent Man]

thats my view too.

not. gonna. happen.

the only astronauts we are putting up in space are on the big screens.

[who_would_fardels_bear]

There's an interesting YouTuber by the name of Isaac Arthur who has a series of videos on futuristic topics.

He has one on asteroid mining where he makes a very strong case for asteroid mining being like visiting Las Vegas:

What gets mined in space, stays in space.

Asteroids will be mined in the future for raw materials to create space ships, space habitats, etc. but won't be brought back to Earth.

[Kozak]

Sure, bringing in a huge new source of scarce resources would be a bad thing for the world economy...

[Axenolith]

Oh yes they will. If you passed a law that the income derived from activities originating from Lagrange points distance and further was exempt from taxation by stateside government for 20 generations there would be crap all over out there and whomever bagged that rock first would probably run the inner solar system for a while. That rock is a freakin’ habitat that you build out while mining it. Radiation proof (not counting possible hot spots in it), put some spin on it, you’ve got centripetal gravity...

And the iron wouldn’t waste the economy, maybe the PMs would, because they would be more fungible across gravity wells.

[Dead Corpse]

Planetray Resources and Deep Space I dustries are planning on doing exactly that. Right now...

[Doctor DNA]

Yes, but someone will sell deeds to mine it!