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RE: How should one distribute a $1 trillion dollar treasure?

in #eos8 years ago

Agreed. But also important to note that during paradigm changes like the renaissance and industrial revolution can create more than enough innovation to create "escape velocity" from this. But yes I do see your point. Such an influx is going quite substantial %.

Perhaps ONLY putting that new supply on the market when an operation joins up with an idea that could potentially counter such demand. For instance, let us say that the gold venture decides to set aside some of the new Gold for distribution to the best project every year that find uses for Gold in next paradigm industries that are plotted to have expected demand that can more than counter the dilution.

We must also take into account that it is likely that this is not the last astroid....so a large portion of our time should be in ensuring those new industries have in their portfolio research on how to use the Gold in ways that will have endless need.

Is there an endless need for gold?
Is there an endless need for data?

Which has the largest spectrum of value-producing use cases? ;)

EOS...

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Yeah thats exactly it. You utilize your virtually endless supply of gold in the short term to offset the costs of R&D and go into a frenzy of experimentation. Then as you start manipulating 120 years of decent tech without gold as a cost-prohibited use case, then ALL SORTS OF COOL SHIT happens lol

And you produce new products as you start to dump your gold