this post was submitted on 09 Oct 2023
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What even is supply and demand
It's how we make sure we retain poverty as a concept. Obviously valuation of an asteroid is currently pointless, but the idea of eliminating scarcity is more of a political issue than a resource one.
Yeah really. Look at how the Spanish took so much gold from south America that their economy tanked.
It's impossible to assess the worth of a commodity in terms of its scarcity without the extraplanitary cache added in.
Like the price of very rare baseball card would come down a bit if a couple of thousand of that card where discovered.