That makes sense. I am also guessing the cost of getting it and brining it back would make it not worth whatever we are mining. Unless it is that unobtainium stuff from Avatar. That might be worth it :)
Posted Using LeoFinance Beta
You are viewing a single comment's thread from:
Well I look at it this way:
Do multi-national corps bring the money back they make overseas?
They do not. They account for it naturally but it is resident in a bank or investments in the country it was earned. Same thing with commodity companies. They do not bring all their commodities back to their home country. They have it secured all over the world.
I do not see why this wont be any different. The materials will be owned by an entity, hopefully a DAO, but will remain where it is most useful. Hell they might pull it from space and store it on the moon, Mars, or another heavenly orb.
Posted Using LeoFinance Beta
except if we are able to mine asteroids and land them in deserts or shallow seas.
Posted Using LeoFinance Beta