Its not really scarcity that gives gold its value its the cost of extraction.
Yeah, I know what you mean. The stock-to-flow ratio.
If they mine asteroids it means nothing if it costs a trillion dollars to do it. Gold is only in trouble if it becomes cheap and easy to extract loads of it. Its just not going to happen.
16 Psyche is not 100% gold. It contains extremely large quantities of other valuable metals, too. I'm talking about mining everything it contains and producing gold as a side stream.
This idea of space being the next frontier is a pipe dream. Its a baron waste land the sooner we forget about the better.
With today's technology, absolutely. This is the reason why I gave it 100 years. I think it would be a mistake to underestimate accelerating gains from technological development. The whole thing would be fully automated, of course. Self-replicating colonies capable of producing anything they need powered by machine intelligence. Once the capability to do it existed, it would inevitably get done. Space is the ultimate high ground.
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