Elon Musk Is Mining A Golden Asteroid Worth $700 Quintillion

Фильм және анимация

Giant Golden Asteroid Could Make Everyone On Earth a Billionaire
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Out there in space, right now above our heads, is a wealth of knowledge. And in this case, we mean that literally. Believe it or not, in our very solar system, there is an asteroid that is thought to be the remnants of a planet core. And that means that all those pricey metals that we have to dig for here on Earth, are exposed, and ripe for the taking. Estimates put this giant space faring gold mine at 10,000 quadrillion dollars, and who knows, if we can get up there to explore it up close, we may find that it is worth even more. What would this do to our economy? Just how rich would this make everyone on earth if it was split evenly? Are there any missions planned to get up there? Oh, we got your answers right here. In today’s video we are getting scientific, while making sure to not skimp out on the riches, so we can give you the scoop on this nearby, giant, golden asteroid. If it piques your interest, you’re not alone. None other than Elon Musk has made comments about his thoughts on mining this bad boy, and considering SpaceX will be the company that supports NASA in this quest, you better believe it’s something we should all take seriously. It would bring all new meaning to the phrase, the rich only get richer. So sit back, relax, and get ready to countdown from ten, as we fire all the thrusters and blast off into the final frontier to give you the scoop on the absurd amount of gold floating around in our solar system.
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Пікірлер: 6 400

  • @vladtheg4m3r70
    @vladtheg4m3r703 жыл бұрын

    “Alright comrades, we are going to space”

  • @12345678927164

    @12345678927164

    3 жыл бұрын

    Meet you there, as your enemy.

  • @simplysuperior667

    @simplysuperior667

    3 жыл бұрын

    @@12345678927164 imposter if u will

  • @ayaanahmed2995

    @ayaanahmed2995

    3 жыл бұрын

    We are coming for you kind sir

  • @johngillespie8229

    @johngillespie8229

    3 жыл бұрын

    May God protect all the astronauts and cosmonauts that travel into space.

  • @thek.g.b7428

    @thek.g.b7428

    3 жыл бұрын

    @@ayaanahmed2995 I don't think so.

  • @Suhaibiq
    @Suhaibiq3 жыл бұрын

    If even 5% of the gold is harvested, gold would become as valuable as paper.

  • @thattrollagen

    @thattrollagen

    3 жыл бұрын

    Just leave it in space. Make robots that make bigger robots. Make Japanese tv shows. Tentacle porn

  • @deathmetal6546

    @deathmetal6546

    3 жыл бұрын

    Lol electricians be drooling, as gold is the best conductor of electricity, but obviously too expensive. If we mined this, we could have reliable gold electrical wiring! That would revolutionize our data and power infrastructure.

  • @rickybe

    @rickybe

    3 жыл бұрын

    Exactly

  • @rodolfoperales1357

    @rodolfoperales1357

    3 жыл бұрын

    Anything not from this world especially gold or silver from the fck ing moon or an astroid worth 100xs what gold would be worth on earth

  • @kristopherleslie8343

    @kristopherleslie8343

    3 жыл бұрын

    End poverty and reform to one government. Let’s explore space

  • @ZaroYuki
    @ZaroYuki3 жыл бұрын

    Chine be like: *we own that asteroid since 500 AD*

  • @zqzj

    @zqzj

    2 жыл бұрын

    I heard they're building an island on the asteroid 😂

  • @darshansolanki9083

    @darshansolanki9083

    2 жыл бұрын

    I heard that they are making a second moon. But we gotta accept the Science in China are really is ahead of its time .

  • @evanantonola4935

    @evanantonola4935

    2 жыл бұрын

    Desperate China.

  • @Tsamokie

    @Tsamokie

    2 жыл бұрын

    And we (USA) own the Moon since 1969. It's all ours. bwwaaahahahahahahahahahahaha

  • @hitzncritzmobilegaming9988

    @hitzncritzmobilegaming9988

    2 жыл бұрын

    Yes Chine... ; )

  • @no6718
    @no67182 жыл бұрын

    Me if I was Elon Musk: Let’s put a mining robot on there!

  • @mumysaysimcool4302
    @mumysaysimcool43023 жыл бұрын

    If everyone was a billionaire nobody would be rich

  • @MrInstag8tor

    @MrInstag8tor

    3 жыл бұрын

    Don't tell democrats that, everyone can be rich according to them

  • @ALTJ1986

    @ALTJ1986

    3 жыл бұрын

    If everyone become billionaires then money would lose its value, no one would want to get back to work, world’s economy would stop.

  • @TheSaneMongrels

    @TheSaneMongrels

    3 жыл бұрын

    @@MrInstag8tor Not a single democrat in power thinks or says this.

  • @mikethemenace7094

    @mikethemenace7094

    3 жыл бұрын

    Shen Storm not what the media tells you. Democrats have zero clue how to balance anything

  • @RedCatty

    @RedCatty

    3 жыл бұрын

    seníor Rico thats exactly the same as money becoming worth less

  • @Steve-ur8rc
    @Steve-ur8rc3 жыл бұрын

    If we mine gold that much, then gold is same like a dirt.

  • @sc2823

    @sc2823

    3 жыл бұрын

    And technologies will advance like crazy

  • @mahuk.

    @mahuk.

    3 жыл бұрын

    Dirt is not an electrical superconductor. Gold is one of the best conductors in the world but we can barely use it because it is rare end expensive. The day someone mines this asteroid the price of gold will drop to the ground, but the advances in technology it can carry are enormous, and the first company to use that technology will become rich or richer even if the price of gold goes down.

  • @JeromePowerrr

    @JeromePowerrr

    3 жыл бұрын

    Mining it wont be cheap

  • @alexandercrush

    @alexandercrush

    3 жыл бұрын

    Pretty much. But the first 5 years whoever mined it first would become extremely rich though.

  • @alexandercrush

    @alexandercrush

    3 жыл бұрын

    Or he can do what they do with diamonds and hold the supply back to artificially inflate the prices. As there are tons of diamonds.

  • @aspencer1811
    @aspencer18112 жыл бұрын

    The technology we can harness with this level of rare earth metals is what's really important

  • @DenisDoc7

    @DenisDoc7

    2 жыл бұрын

    It will change our society exponentially

  • @acesman111

    @acesman111

    2 жыл бұрын

    @@DenisDoc7 it won’t do shit for us. Only benefiting the rich

  • @yannicknederhoff1990

    @yannicknederhoff1990

    2 жыл бұрын

    @@acesman111 you don't have a phone or computer? If you do then you should reconsider your comment.

  • @cryptobungus5778

    @cryptobungus5778

    2 жыл бұрын

    @@acesman111 How do you think they got rich? They sold something valuable to other people. Rich people will eventually make society better (in an economy with regulation) because money is how you are rewarded for making something valuable.

  • @LunarOverdrive

    @LunarOverdrive

    Жыл бұрын

    woah, slightly more gold... truly revolutionary. Do you realize how much materials it takes to get to space, (including gold for the computers) let alone mine something as heavy as gold then bring it back to earth? It's a literally impossible task: you're spending more money than you're extracting

  • @robertpearls3434
    @robertpearls34342 жыл бұрын

    For you to be rich, tactical steps must be taken to retaining it.

  • @robertpearls3434

    @robertpearls3434

    2 жыл бұрын

    When you invest, you're buying a day you don't have to work!

  • @felixmall7643

    @felixmall7643

    2 жыл бұрын

    Nice one

  • @cynthialefort8289

    @cynthialefort8289

    2 жыл бұрын

    Crypto Trading has been the best way to earn geniun cash, waiting for the Government it's a total waste of time

  • @calvinmcdonalds6475

    @calvinmcdonalds6475

    2 жыл бұрын

    Can I earn up to €17000 weekly?

  • @philipramsey9713

    @philipramsey9713

    2 жыл бұрын

    It's very possible

  • @Yabuturtle
    @Yabuturtle3 жыл бұрын

    "I'll have a cup of coffee please" "That will be $10,000,000, sir"

  • @RRKS

    @RRKS

    3 жыл бұрын

    Makes me think of a video i saw on youtube once. A guy that payed for a car with like.. 5 wheelbarrows of coins :D

  • @zakiahmed6655

    @zakiahmed6655

    3 жыл бұрын

    Really do you remember the vid

  • @seshieman2579

    @seshieman2579

    3 жыл бұрын

    @@zakiahmed6655 it was mrbeast

  • @zakiahmed6655

    @zakiahmed6655

    3 жыл бұрын

    @@seshieman2579 ahhh him that makes sense I can probably find the vid now thx

  • @danilosantos2938

    @danilosantos2938

    3 жыл бұрын

    I have not seen any specific strategy as that of Mr Danilo Santos as his signals are very accurate. You can reach out to him on WhatsApp....👇👇 +1 9 1 7 7 3 7 6 5 1 4

  • @Better_selection
    @Better_selection3 жыл бұрын

    A future millionaire will like this.

  • @okoo4945

    @okoo4945

    3 жыл бұрын

    Not with a name like that lol

  • @simplysuperior667

    @simplysuperior667

    3 жыл бұрын

    @@okoo4945 lmao

  • @michelleobamaspenis9735

    @michelleobamaspenis9735

    3 жыл бұрын

    Go to hell

  • @fastcar544

    @fastcar544

    3 жыл бұрын

    Beggar

  • @fastcar544

    @fastcar544

    3 жыл бұрын

    There are 2.2k idiots in this world

  • @DeathGunI
    @DeathGunI2 жыл бұрын

    The only thing that would become valuable is creativity. It's the mind that makes things valuable.

  • @michaelyelverton1194

    @michaelyelverton1194

    2 жыл бұрын

    That's the dream we strive for

  • @abdiweliyusuf3929
    @abdiweliyusuf39293 жыл бұрын

    scientist finds oil on asteroids America: looks like that asteroid needs a little bit of freedom

  • @kanengbotsha5884

    @kanengbotsha5884

    2 жыл бұрын

    Yes it does

  • @wildfood1
    @wildfood13 жыл бұрын

    Reporter: Elon, how much money do you expect to earn from this venture? Elon: All of it...

  • @liberatorg410

    @liberatorg410

    3 жыл бұрын

    Elon: yes

  • @Ni9kye

    @Ni9kye

    3 жыл бұрын

    Greed know no bounds

  • @tigerdoug9789

    @tigerdoug9789

    3 жыл бұрын

    Lol 😂

  • @amyjones1119

    @amyjones1119

    3 жыл бұрын

    💙🧢😨🖕

  • @user-dm4ey3pu6i

    @user-dm4ey3pu6i

    3 жыл бұрын

    Actually if there would be alot of gold or diamonds the worth of it would o Go down so u would only earn like a million if you sell all of the gold

  • @darkguardian1314
    @darkguardian13143 жыл бұрын

    Title should be “plan to” and not “is mining”,since no one is actively mining asteroids for profit right now....that we know of.

  • @phoon404

    @phoon404

    3 жыл бұрын

    Little irony is that NASA just "mined" few grams from asteroid :D.

  • @wouterdevlieger1002

    @wouterdevlieger1002

    3 жыл бұрын

    And it should not include 'SpaceX' just for clicks. SpaceX has no plans to mine asteroids. Although as the cheapest launch provider available, they have an easy way to get a share of every space venture. Every company that has been working on asteroid mining has gone bankrupt or discontinued their asteroid mining efforts. We're too many billions of development dollars away.

  • @wouterdevlieger1002

    @wouterdevlieger1002

    3 жыл бұрын

    @@phoon404 which shows you the current state of technology. Sending an 800 milion mission to bring back 60 grams of stuff is not quite profitable.

  • @phoon404

    @phoon404

    3 жыл бұрын

    @@wouterdevlieger1002 its about recieving new informations bruh

  • @wouterdevlieger1002

    @wouterdevlieger1002

    3 жыл бұрын

    @@phoon404 exactly. I'm all for exploration. But I'm realistic that we won't be making a profit mining asteroids any time soon.

  • @cassiejacobs4197
    @cassiejacobs41972 жыл бұрын

    When you invest, you're buying a day you don't have to work

  • @faradaygeorge6024

    @faradaygeorge6024

    2 жыл бұрын

    @Dr Robert You're right Sir, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor

  • @chrispaul3778

    @chrispaul3778

    2 жыл бұрын

    @@faradaygeorge6024 It's not ignorance but due to some unprofessional advisor in the market

  • @loydriley9221

    @loydriley9221

    2 жыл бұрын

    Bitcoin is the most profitable investment online of only you trade with the help of a professional expert

  • @jeremygood3246

    @jeremygood3246

    2 жыл бұрын

    Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company

  • @jeremygood3246

    @jeremygood3246

    2 жыл бұрын

    Learn and trade under a guide I do same and I hardly make losses in the market

  • @kidsbinayashow5279
    @kidsbinayashow5279 Жыл бұрын

    Great video thanks for share

  • @letymillano1035
    @letymillano10353 жыл бұрын

    fun fact : in the entire unuverse, wood is much rare than diamonds.

  • @franciscohernandez9835

    @franciscohernandez9835

    2 жыл бұрын

    Very true, but not to use, because value is relative

  • @jeffw8218

    @jeffw8218

    2 жыл бұрын

    So what?

  • @Bischlarbo69

    @Bischlarbo69

    2 жыл бұрын

    @@franciscohernandez9835 not to use??? 🤣🤣🤣

  • @pimpom886

    @pimpom886

    2 жыл бұрын

    Poop is rare too

  • @javairflorez7889

    @javairflorez7889

    2 жыл бұрын

    Ugh humans so futile

  • @REASONvsRANDOM
    @REASONvsRANDOM3 жыл бұрын

    Aliens: *Let's disguise the omega-warship as a giant ball of gold for the human invasion. They'll never see it coming.*

  • @haydenryder2134

    @haydenryder2134

    3 жыл бұрын

    🤣🤣😂

  • @yawn8573

    @yawn8573

    3 жыл бұрын

    Turns out it’s just a big bomb made by aliens

  • @kewlnes987

    @kewlnes987

    3 жыл бұрын

    Trojan Horse 2040 edition

  • @REASONvsRANDOM

    @REASONvsRANDOM

    3 жыл бұрын

    Alien Engineer: This giant golden asteroid bomb will ensure that any civilization capable of space exploration for-profit goes “massive blackhole”, instantly. Alien King: interesting, where does the blackhole eject them? Alien engineer: The closest thing we could find to what their scriptures describe as “hell” was Twitter. Alien King: ...Dark! Even for you Bill. Twitter? Seems harsh. Alien engineer: I haven’t had my coffee yet sir...

  • @TomSidProductions

    @TomSidProductions

    3 жыл бұрын

    Humans: Blow up astroid to get all the gold. Aliens: Pikachu face

  • @bohg9907
    @bohg99072 жыл бұрын

    Think Elon would do this to make the price of bitcoin higher, as bitcoin can become the new gold

  • @krinodagamer6313

    @krinodagamer6313

    2 жыл бұрын

    thats what I just said lol if this happens the dollar will fall hello to crytp

  • @jamesbell8861

    @jamesbell8861

    2 жыл бұрын

    You are seeing some of the picture at least. Awesome !!! Most of the commenters don't even get this part.

  • @topranked744
    @topranked7442 жыл бұрын

    Amazing video 🙌🏻🙌🏻

  • @jonathan-zo9nh
    @jonathan-zo9nh3 жыл бұрын

    How much was the burger again? “599,999,999$”

  • @chicom8157

    @chicom8157

    3 жыл бұрын

    "Wow! Very cheap!"

  • @williamnordeste1169

    @williamnordeste1169

    3 жыл бұрын

    They won't be able to break through the dome over the earth.

  • @treynye9780

    @treynye9780

    3 жыл бұрын

    Venezuela?

  • @eliteinventor

    @eliteinventor

    3 жыл бұрын

    Royale w/ Cheese

  • @karaokewaala9107

    @karaokewaala9107

    3 жыл бұрын

    @bxrchteaxx damn that's so cheap.

  • @natanaelmartins5344
    @natanaelmartins53443 жыл бұрын

    "hey, they found an asteroid containing oil" *Space needs freedom*

  • @marcellothefellow

    @marcellothefellow

    3 жыл бұрын

    Hey, they have something that is profitable! They need some democracy assistance!

  • @SteveInLava

    @SteveInLava

    3 жыл бұрын

    God says "Traveling beyond Earth's moon is restricted, you can only observe the universe but never explore it." Edit: Most people replying don't get the joke

  • @towoawawaboofficial

    @towoawawaboofficial

    3 жыл бұрын

    @@SteveInLava tell your God to bite us.

  • @neptune0909

    @neptune0909

    3 жыл бұрын

    @@towoawawaboofficial lmao

  • @secretAgentRandyBeans11

    @secretAgentRandyBeans11

    3 жыл бұрын

    @@SteveInLava 😂😂😂😂😂

  • @ebenburger111
    @ebenburger1112 жыл бұрын

    Thanks, Great video and really funny too! Keep going!

  • @SamuelMartin2425
    @SamuelMartin24252 жыл бұрын

    7:25 BRO I dead ass thought there was a mosquito in my ear 😂

  • @Saveric
    @Saveric3 жыл бұрын

    Elon going to mine the asteroid, take it to Mars, build his golden empire there. Use his golden empire to buy the Earth.

  • @soyouknow8207

    @soyouknow8207

    3 жыл бұрын

    Only fitting for the God Emperor of Men to sit on a golden throne on Terra while his Adaptus Mechanicus start making Mars ready for colonization.

  • @BoxGamesYT256

    @BoxGamesYT256

    3 жыл бұрын

    the lost golden city of mars would be a good tale to tell my grandsons when i get older

  • @kristopherleslie8343

    @kristopherleslie8343

    3 жыл бұрын

    He has not committed or commented on going there. No one has.

  • @mrban1419

    @mrban1419

    3 жыл бұрын

    @@kristopherleslie8343 when nobody says nothing best believe they’re called misdirection

  • @kristopherleslie8343

    @kristopherleslie8343

    3 жыл бұрын

    @@mrban1419 you know I can definitely agree to that.

  • @darkenergy436
    @darkenergy4363 жыл бұрын

    "the real fun will begin" *shows picture of the asteroid hurddling towards earth*

  • @bandanasaikia6048

    @bandanasaikia6048

    3 жыл бұрын

    Imao

  • @kpopscenario1406

    @kpopscenario1406

    3 жыл бұрын

    LOL

  • @alwinvillero4404

    @alwinvillero4404

    3 жыл бұрын

    HaHa YEs i can feel it

  • @wolfbeam9169

    @wolfbeam9169

    3 жыл бұрын

    Ok, that was legitimately funny. Good job getting a laugh from someone who pretty much lacks a funny bone. 😀

  • @darkenergy436

    @darkenergy436

    3 жыл бұрын

    @@wolfbeam9169 lmao

  • @totskitv
    @totskitv3 жыл бұрын

    Nice interesting sir more post

  • @ryanstuart6274
    @ryanstuart62742 жыл бұрын

    Lol very funny commentary in this video. Thank you for the info and laughs! 😎

  • @Marco-ze4qk
    @Marco-ze4qk3 жыл бұрын

    And why’s gold so valuable? Right, because it’s rare.

  • @gamers-xh3uc

    @gamers-xh3uc

    3 жыл бұрын

    Yes is because is rare diamond is even more rare that is why is valuable

  • @reekz1568

    @reekz1568

    3 жыл бұрын

    Gold does things

  • @FreezyPop

    @FreezyPop

    3 жыл бұрын

    It be better if it was cheap so we can make technology cheaper

  • @alexandercrush

    @alexandercrush

    3 жыл бұрын

    @@gamers-xh3uc Actually diamonds are not rare. There are actually too much diamonds but they keep the supplies back to artificially inflate the prices.

  • @SamiChenFilm

    @SamiChenFilm

    3 жыл бұрын

    and shiny

  • @Love4GOD921
    @Love4GOD9213 жыл бұрын

    Me in 2020: Elon can’t do that! 6yr old in 3030: oh yah we’re learning about that in history class.

  • @pickledorange1133

    @pickledorange1133

    3 жыл бұрын

    Lol let’s watch over the future as Elon musk mines the shit out of golden and diamond asteroids and makes history 😂 and the kids are gonna be like: oh yeah we learned about that in like 4th grade 🤣

  • @daniellemiddleton2488

    @daniellemiddleton2488

    3 жыл бұрын

    Lololololololololol

  • @currentlyspeakingbmwmusic1793

    @currentlyspeakingbmwmusic1793

    3 жыл бұрын

    i dont think that if humans are still there in 3030 that schools exist since the link between technology and the brain allowed to legit download this information directly to your brain

  • @KennTollens

    @KennTollens

    3 жыл бұрын

    And the history class in 3030 gets a surprise visit by Elon Musk.

  • @daniellemiddleton2488

    @daniellemiddleton2488

    3 жыл бұрын

    @@KennTollens most underrated comment lololololololololol

  • @blazingbeast3214
    @blazingbeast32143 жыл бұрын

    The 2.3k people who disliked heve invested in gold😂😂

  • @aryangray33

    @aryangray33

    2 жыл бұрын

    2.4k*

  • @thanos99yearsago82

    @thanos99yearsago82

    2 жыл бұрын

    @@aryangray33 2.5k*

  • @aryangray33

    @aryangray33

    2 жыл бұрын

    @@thanos99yearsago82 i meant 24kcarrot gold

  • @basscat111
    @basscat1112 жыл бұрын

    The more gold supply you bring into the market, the lower the price. Consequently, the only people who would profit from it would be the first ones selling it. After that it could drop below $10/oz. Owning a lot of it then wouldn't necessarily make you rich.

  • @universaltv9405
    @universaltv94053 жыл бұрын

    Everybody: Space mining is imposible Elon Musk: Gucci flip flops

  • @tigerdoug9789

    @tigerdoug9789

    3 жыл бұрын

    😂

  • @alivingbeing5551

    @alivingbeing5551

    3 жыл бұрын

    🤣😂🤣😂🤣

  • @HaplessSplash40

    @HaplessSplash40

    3 жыл бұрын

    😂😂😂😂

  • @rhythmrecords4945

    @rhythmrecords4945

    3 жыл бұрын

    That’s funny bro 😎

  • @internetexplorerchan2697

    @internetexplorerchan2697

    3 жыл бұрын

    Lmaoooo I'm dying..

  • @Thatdude3033
    @Thatdude30333 жыл бұрын

    Fun fact: diamonds are actually so common that they would be worth less than gold but big companies regulate their market.

  • @Airbender24B

    @Airbender24B

    2 жыл бұрын

    You know the people capable enough to mine an asteroid will be smart enough to control the supply of precious metals into the world economy like the diamond industry.

  • @dylandylandylan3940

    @dylandylandylan3940

    Жыл бұрын

    Yeah... Diamonds suck... Seriously the diamonds smaller than 1/4th of a carat arent worth sheet.

  • @THE-zx9es

    @THE-zx9es

    Жыл бұрын

    yup people thought diamonds where super rare in the past but then a company called de beers realized that there are diamonds al over africa so they now have warehouses full of diamonds and just keep them there and therefor controls the diamond market.

  • @tylersoto7465

    @tylersoto7465

    Жыл бұрын

    All those diamonds would be very useful in drilling and other industrial uses

  • @widodoakrom3938

    @widodoakrom3938

    Жыл бұрын

    True

  • @pearcey1113
    @pearcey1113 Жыл бұрын

    Elon only had $73 billion when he made this video, he’s now got over $230 billion and this video was only made a year ago amazing

  • @saureco
    @saureco3 жыл бұрын

    We're going to need more transition and rare earth metals. Vanadium, titanium, molybdenum, tungsten, antimony, gallium, tin, platinum, rubidium, beryllium, etc.

  • @tylersoto7465

    @tylersoto7465

    Жыл бұрын

    Agreed, but titanium and tungsten are plentiful here on earth

  • @SpaceSuits2020
    @SpaceSuits20203 жыл бұрын

    New TV series: “Who wants to be a Quadrillionaire?” 💸💸💸

  • @thepoglin8479

    @thepoglin8479

    3 жыл бұрын

    That should sum up humanity if elon actualy collects all the gold from that asteroid (And not in a good way)

  • @josephcarter377

    @josephcarter377

    3 жыл бұрын

    @@thepoglin8479 no it wouldn't. The stock market for gold would crash and then its be worth 1 pound per ton of gold or something.

  • @thepoglin8479

    @thepoglin8479

    3 жыл бұрын

    @@josephcarter377 thats what i meant money would loose all its value and bassicaly be worth more defaced

  • @doloGD

    @doloGD

    3 жыл бұрын

    I wanna being Nonillionaire

  • @zah_old

    @zah_old

    3 жыл бұрын

    Quintillionare*

  • @Kraljist
    @Kraljist3 жыл бұрын

    When everyone is a billionaire, no one is. Seems fine to me.

  • @morpheus2270

    @morpheus2270

    3 жыл бұрын

    then you would love zimbabwe, everyone there is a billionaire! and dirt poor

  • @trutacgear

    @trutacgear

    3 жыл бұрын

    If everyone was rich, most of the people will fighting for pussy's ...😂😂😂😂

  • @christopherabramor3012

    @christopherabramor3012

    3 жыл бұрын

    @Fritz No.7 Nope. It would still be useful as fuck in tech as conductive material, it just would become cheap.

  • @christopherabramor3012

    @christopherabramor3012

    3 жыл бұрын

    Billionaires would still be billionaires. Just that having a lot of gold won't make you one.

  • @kedi6793

    @kedi6793

    3 жыл бұрын

    @@trutacgear isnt that good LMFAOOAOAO

  • @cartersitterud9521
    @cartersitterud95213 жыл бұрын

    Well either way even if it’s price drops to almost nothing, that is still a big supply of resources that can be used to build things that need to be strong

  • @jamesbell8861

    @jamesbell8861

    2 жыл бұрын

    Bingo !!! There are a very small percentage of the commenters on here that understand the value of what you are saying here. I made a similar comment and not one person got it. Everybody seems so caught up in the economics of it all. So short sighted.

  • @raisikhtiaruddin87
    @raisikhtiaruddin87 Жыл бұрын

    Amazing😎

  • @CE4JDM
    @CE4JDM3 жыл бұрын

    It says he *IS* mining? Huh? Maybe the title should be "Planning to Mine...."

  • @feedthemango2145

    @feedthemango2145

    3 жыл бұрын

    Bruh I was looking for this comment, these creators do anything for views

  • @McClarinJ

    @McClarinJ

    3 жыл бұрын

    We don't even know THAT. He didn't say so and we can't read his thoughts. That said, it makes sense that he would as it would go a long way toward paying for the colonization of Mars, a project on which he is prepared to spend everything.

  • @mohammadbashir4004

    @mohammadbashir4004

    3 жыл бұрын

    K nerd why do you even care about that lol

  • @McClarinJ

    @McClarinJ

    3 жыл бұрын

    @@mohammadbashir4004 Maybe because lying in the title to pull in more viewers sucks.

  • @ryanvandermerwe5587

    @ryanvandermerwe5587

    3 жыл бұрын

    Welcome to youtube

  • @Yesser.a6664
    @Yesser.a66643 жыл бұрын

    The price of gold is based on the fact that there’s a limited amount of it on earth. If we are able to mine gold somewhere else and bring it to earth. That will definitely devalue the price of gold. So that won’t be good for big gold investors.

  • @I_like_turtles_67

    @I_like_turtles_67

    3 жыл бұрын

    Great for all our electronics.

  • @mikelang4853

    @mikelang4853

    3 жыл бұрын

    *Limited easily accessible. Is supposed to be plentiful deep deep below ground. The resources in space should be left in space for building something massive in space that will benefit everyone. Maybe a big ass power generator to provide clean energy for the world? Maybe a giant ship to travel to another galaxy. Maybe build stargate (worm hole or whatever)

  • @ps4games164

    @ps4games164

    3 жыл бұрын

    The food isn't limited around the world but is expensive.

  • @Ungtartog

    @Ungtartog

    3 жыл бұрын

    Thats fine. Fuck the investors. Gold has a lot of practical uses.

  • @tigerdoug9789

    @tigerdoug9789

    3 жыл бұрын

    @@I_like_turtles_67 agree

  • @letisherlin7400
    @letisherlin74002 жыл бұрын

    Marvelous investment gold&kind of substance mining at space.

  • @jjbailey01
    @jjbailey013 жыл бұрын

    With that much gold, we can start making paper from it. Then we'll never have a toilet paper shortage ever again.

  • @jjbailey01

    @jjbailey01

    3 жыл бұрын

    @Jay Lee gold is chemically inert. What toxic chemicals are you talking about?

  • @gameron2093

    @gameron2093

    3 жыл бұрын

    @@jjbailey01 lol

  • @originlgazza5925

    @originlgazza5925

    2 жыл бұрын

    The idea is gold is useful as a material but on earth there is not that much of it so elon wants it to make things of use not to make more money (I mean the things he will make from that gold will be worth more than the gold itself)

  • @wunpis9541

    @wunpis9541

    2 жыл бұрын

    Bruh then All trees will get cut

  • @pinochet3317
    @pinochet33173 жыл бұрын

    Elon will mine it, just because he’s Elon and does whatever the hell he wants.

  • @iiiiiiiiiiiiiii4019

    @iiiiiiiiiiiiiii4019

    3 жыл бұрын

    Elon is a dumbass, change my mind 😐

  • @trey0226

    @trey0226

    3 жыл бұрын

    @@iiiiiiiiiiiiiii4019 tell me 1 just 1 single thing u have accomplished, u dumbass

  • @snickerkid5187

    @snickerkid5187

    3 жыл бұрын

    @@iiiiiiiiiiiiiii4019 yea tell me that when ur iq is equivalent to him

  • @e1532

    @e1532

    3 жыл бұрын

    @@iiiiiiiiiiiiiii4019 your IQ is probably ten times lower than his.

  • @iiiiiiiiiiiiiii4019

    @iiiiiiiiiiiiiii4019

    3 жыл бұрын

    @@e1532 ok Master Kenobi lmao 😂😂😂

  • @angellezay3664
    @angellezay36643 жыл бұрын

    "its shaped like a potato but bigger and more valuable." -Im in

  • @EliteRaven-sv6fb

    @EliteRaven-sv6fb

    3 жыл бұрын

    Technoblade has join the chat

  • @bobbg9041

    @bobbg9041

    3 жыл бұрын

    Yes but finding thats much sourcream, butter and other topping might be hard to do.

  • @china_sickness7005

    @china_sickness7005

    3 жыл бұрын

    Gimme that shiny spud

  • @ryan9208

    @ryan9208

    3 жыл бұрын

    stop stealing comments

  • @drashnicioulette9565

    @drashnicioulette9565

    3 жыл бұрын

    .....heaven

  • @princeslewis
    @princeslewis2 жыл бұрын

    So basically, billionaires are going to get richer 😔

  • @Joshua-jt9id

    @Joshua-jt9id

    2 жыл бұрын

    What if they are richer

  • @Joshua-jt9id

    @Joshua-jt9id

    2 жыл бұрын

    They worked hard for their money

  • @poutsompananaskavliaris1984

    @poutsompananaskavliaris1984

    2 жыл бұрын

    @@Joshua-jt9id they didn’t work hard they worked smart poor people do the hard work

  • @deadsec_xz1541

    @deadsec_xz1541

    2 жыл бұрын

    @@poutsompananaskavliaris1984 Finally a man who makes sense

  • @BasedAstraea

    @BasedAstraea

    2 жыл бұрын

    @@poutsompananaskavliaris1984 yes most of them but that specifically does not apply to Elon Musk, or Bill Gates, etc. Elon worked hard in school as a MENSA recognized child prodigy. He helped create PayPal, sold it and used that money for philanthropic venture and buying Telsa and founding SpaceX + more. Elon is one of the most valuable engineers at all of his companies. Unlike 99% of CEOs, Elon works with the people under him, many times being better engineers than them lol. He sleep sin his factories and works 60 hour weeks. If ANY billionaire deserves every single cent they have and get, It's Elon Musk. He is immeasurably helping humanity after all.

  • @daveg7172
    @daveg71722 жыл бұрын

    For the cost of mining it and bringing it back down to Earth to be used as a monetary asset, it would have to be worth a lot more than it is now. I think just about everything mined in space would stay there, not dropped down the gravity well of Earth. If Armstrong happened to land on the moon right next to a pallet of gold and a pile of regular moon rock, he still would have come home with the moon rock. (ok, maybe a brick or two, just to prove that it was miraculously there)

  • @tylersoto7465

    @tylersoto7465

    Жыл бұрын

    Monetary value of the gold and platinum isn't what it would use , it has great conductor and electronic properties, if we can harness that we can mass produce technology cheaper and more affordable great for earth and space technology

  • @baibhabmondal7688
    @baibhabmondal76883 жыл бұрын

    Earth's soil is most valuable than that golden astroid or a diamond astroid.

  • @sirroundsound9104

    @sirroundsound9104

    3 жыл бұрын

    Absolutely

  • @legendahmad8548

    @legendahmad8548

    3 жыл бұрын

    So true

  • @soumilrathi12

    @soumilrathi12

    3 жыл бұрын

    how does this make sense? Any material is only as valuable as society gives it value. A gold asteroid and a diamond asteroid would probably be valued at an amount more than the total amount of money on Earth

  • @Rick-the-Swift

    @Rick-the-Swift

    3 жыл бұрын

    @@soumilrathi12 You are defining value as it is loosely defined by society. Baibhab was defining value as it is concretely defined by him. I hope you can see the difference and then understand what he meant. In some places people pay to get rid of water. To a thirsty man in the desert, a cup of water may be worth more than all the gold asteroids and money combined.

  • @carrot5040

    @carrot5040

    3 жыл бұрын

    Yeah

  • @TheLastChip
    @TheLastChip3 жыл бұрын

    Cant wait for the Minecraft Asteroid Mine update in the future.

  • @logicalstreeet

    @logicalstreeet

    3 жыл бұрын

    And some type of asteroid armor LOL

  • @syofyan2047

    @syofyan2047

    2 жыл бұрын

    @@logicalstreeet that is prob netherite

  • @syofyan2047

    @syofyan2047

    2 жыл бұрын

    netherite prob

  • @Andman8210

    @Andman8210

    2 жыл бұрын

    @@syofyan2047 netherrite is in the nether, it would make more sense for it to be in the overworld

  • @syofyan2047

    @syofyan2047

    2 жыл бұрын

    @@Andman8210 no, remember nether reactor thaats prob the asteroid come from.yet ppl speculate netherite was platinum

  • @samuraishogun.2826
    @samuraishogun.28263 жыл бұрын

    Wow 😎😎🙌🙌

  • @Steven_Quinn
    @Steven_Quinn2 жыл бұрын

    That's great.

  • @zackariahgill1263
    @zackariahgill12633 жыл бұрын

    : So how much is this asteroid exactly ? : Yes

  • @dragonvaledragonvale5615

    @dragonvaledragonvale5615

    3 жыл бұрын

    Yes

  • @ayubosman3105

    @ayubosman3105

    3 жыл бұрын

    Yes

  • @redriot6240

    @redriot6240

    3 жыл бұрын

    I think he said 900 quadrillion

  • @elemenop72

    @elemenop72

    3 жыл бұрын

    Quatillion not quadrillion

  • @DAILYJOYTIME
    @DAILYJOYTIME3 жыл бұрын

    Stay healthy during quarantine The Richest and all your fans ❤️ We are on the way to reach our goal!

  • @markusantiberus7159

    @markusantiberus7159

    3 жыл бұрын

    Stay healthy too!! Almost congrats to 1000!

  • @ludapedan8632

    @ludapedan8632

    3 жыл бұрын

    Really lika your channel

  • @gorgiegoes989

    @gorgiegoes989

    3 жыл бұрын

    Go for it man!!

  • @hgb8478

    @hgb8478

    3 жыл бұрын

    Stop it with this supid stuf

  • @viscayaconstruccion8545

    @viscayaconstruccion8545

    3 жыл бұрын

    You channel is my favorite 🎉🎉🎉🎉🎉👍🏻💪🏻🤗🤩

  • @dylansykes3676
    @dylansykes3676 Жыл бұрын

    I totally agree

  • @alldowhoareiz1692
    @alldowhoareiz16922 жыл бұрын

    I think the solution with mining is to have the asteroid of our choice orbit around the sun, close enough to melt. Maybe a series of close detonation can help the asteroid make its way toward the sun, hopefully we can measure what speed and what angle it should approach the sun, in order to get it close enough to melt it thoroughly, if timed right we can have it get close enough to earth to orbit earth.

  • @theegg4080
    @theegg40803 жыл бұрын

    If people get so much gold, golds value will probably decrease since it’s not so rare anymore.

  • @sharpskull2476

    @sharpskull2476

    3 жыл бұрын

    That could also be said for diamonds....saying as how it's one of the most common minerals in earth since all it is is compressed carbon... but diamonds are really expensive because of the monopoly on diamond trade, they only output X amount of diamonds a year to make diamonds "more rare and expensive", to get you to pay a few thousand dollars for a ring with a small diamond in it

  • @Ixions

    @Ixions

    3 жыл бұрын

    Gold is an extremely useful material. It would be awesome if there was so much it was dirt cheap.

  • @AnTran-gp9ws

    @AnTran-gp9ws

    3 жыл бұрын

    Gold only produce when two dead star collide and blow each other up. That prolly worth something.

  • @TurreTuntematon

    @TurreTuntematon

    3 жыл бұрын

    Thanks genius.

  • @sharpskull2476

    @sharpskull2476

    3 жыл бұрын

    @Zachary Lash first of all... Why are you coming after me when I'm saying the same shit you are Second diamond is extremely abundant, gold less so

  • @keynanmartinez
    @keynanmartinez3 жыл бұрын

    Gold can be beneficial for our technology like phones, computers, and machines.

  • @lukegamer167

    @lukegamer167

    3 жыл бұрын

    It's all about the money bro

  • @vvvaygbg1611

    @vvvaygbg1611

    3 жыл бұрын

    Yeah he isn’t doing this for your phones computers or machines he doing this for his 💰💰💰💰💰💰

  • @trapster0f2s

    @trapster0f2s

    3 жыл бұрын

    How so??

  • @felibootsack5300

    @felibootsack5300

    3 жыл бұрын

    @@lukegamer167 I feel like musk has more interest in all this than just money, like he looks like he has alot of fun doing what he does and money's just a side thought

  • @JxcksonSF

    @JxcksonSF

    3 жыл бұрын

    @@lukegamer167 tecnology IS money, u gonna make more money implementing gold on tech than selling it raw

  • @rmt3589
    @rmt35892 жыл бұрын

    Finally!!! I've been waiting for asteroid mining to start!!! All the noble metals! All becoming cheaper than iron! Ambrosia, the philosopher's stone, the ichor of the gods is hat hand!!!

  • @fractalflight5752
    @fractalflight57522 жыл бұрын

    Wealth would become one's own unique expression as a whole entity. As we are infinitely unique we would all be infinitely rich and supported by one another for our newly realized preciousness.

  • @purpledevilr7463
    @purpledevilr74633 жыл бұрын

    Moneys value wouldn’t change. Gold would just become worthless. Okay, except for electronics and radiation shielding but such a large amount will make it extremely cheap.

  • @kuttispielt7801

    @kuttispielt7801

    3 жыл бұрын

    Many Governments still keep a lot of gold to ensure that moneys value is ensured ironic that this might come and bite them

  • @purpledevilr7463

    @purpledevilr7463

    3 жыл бұрын

    @@kuttispielt7801 the ironic thing is that if gold were useful it’d bring some wealth to earth but as it’s only good as shielding from radiation, it’s worthless.

  • @marzenakawalec1797

    @marzenakawalec1797

    3 жыл бұрын

    @@purpledevilr7463 Well, luckily theres a lot of radiation innspace so use that gold to protect the crew, leading to longer missions and stuff. Idk, im not a space enthusiast.

  • @purpledevilr7463

    @purpledevilr7463

    3 жыл бұрын

    @@marzenakawalec1797 yep but you need a tiny amount.

  • @theslapchanel

    @theslapchanel

    3 жыл бұрын

    There is no longer a gold standard so.....

  • @alibradford6310
    @alibradford63103 жыл бұрын

    Nice video! Hope this space mining will bring us closer to post-scarcity and it's will also be awesome to have normal peoples to work in space, that's will also obviously help to be a muti-planetary species.

  • @jamesbell8861

    @jamesbell8861

    2 жыл бұрын

    Exactly ... You are of the small percentile that can see past some temporary economic disturbance. I made a similar observation in the comments.

  • @radhazard3551

    @radhazard3551

    2 жыл бұрын

    Eh Bossmang, you put the Beltalowda on rented air, and rationed food if we don't make your quota, make you rich while we starve and choke on bad air? Beltalowda can't even go back down the well no more. We never be Earther or Duster cause rock hopping has stole our muscle and bone.

  • @jineen123
    @jineen1232 жыл бұрын

    Imagine trying to tow this asteroid to earth hoping to become Quadrillionaire just to end life on earth.

  • @TNTsundar
    @TNTsundar3 жыл бұрын

    Remember, when the supply is high and demand is low, these gold nuggets will be worth nothing.

  • @internetguy1260

    @internetguy1260

    3 жыл бұрын

    But the advances we can make with massive amounts of gold present would be great. It's a superior conductor, most resistant to oxidation, much more malleable! Imagine copper-gold alloy power cables replacing our aging copper infrastructure. It would last longer, carry more energy for the same volume! Lots of positives.

  • @PLUM-rp9lt

    @PLUM-rp9lt

    3 жыл бұрын

    All of a sudden the woman in the back isn’t bobbing her head up and down🤪😂

  • @wouterdevlieger1002

    @wouterdevlieger1002

    3 жыл бұрын

    @@internetguy1260 yet the vast majority of gold is stored away as gold reserves. Only a small fraction is used for jewellery and technology.

  • @internetguy1260

    @internetguy1260

    3 жыл бұрын

    @@wouterdevlieger1002 true, it's value is still too high to prevent hoarding.

  • @rainbrain8460
    @rainbrain84603 жыл бұрын

    “But one thing is for certain, and that is statistics.” Smh.

  • @hunterkudo9832

    @hunterkudo9832

    3 жыл бұрын

    gimme tree fitty an I'll mine that there meteoroid.

  • @cjloeffler5424

    @cjloeffler5424

    3 жыл бұрын

    Tree ditty?

  • @KyouzukaTakahashi

    @KyouzukaTakahashi

    3 жыл бұрын

    @@hunterkudo9832 two and a quarter take it or leave it

  • @hamzaahmed2322

    @hamzaahmed2322

    3 жыл бұрын

    @@KyouzukaTakahashi LMAO

  • @harryward3197

    @harryward3197

    3 жыл бұрын

    I read that as he said it in video that was weird

  • @cesarpunski
    @cesarpunski3 жыл бұрын

    I’m sure the main drive is to “examine a planets core”

  • @christophermullins7163
    @christophermullins71632 жыл бұрын

    "Its also compromised of gold." Lmao love it.

  • @LesterBrunt
    @LesterBrunt3 жыл бұрын

    It wouldn’t make money worthless, it would make gold worthless.

  • @mohitchaudhary5560

    @mohitchaudhary5560

    3 жыл бұрын

    Money is dependent on gold

  • @LesterBrunt

    @LesterBrunt

    3 жыл бұрын

    @@mohitchaudhary5560 No they stopped doing that almost 100 years ago.

  • @Darkseid300

    @Darkseid300

    3 жыл бұрын

    Money is already going to worthless soon. Everything is going to be cashless and with COVID only a matter of time.

  • @ricois3

    @ricois3

    3 жыл бұрын

    @@mohitchaudhary5560 No, Gold IS money. Currency used to depend on gold, but now it only depends on the US military

  • @tommiestevenson1312

    @tommiestevenson1312

    3 жыл бұрын

    no bro, the future is tech and tech requires a lot of gold. in fact, humans aren't able to create what we can imagine as the gold needed is not here on earth or at access without a huge cost inland and so on. Gold is the best conductive material on earth and in space. Satellites, motherboards and so much more needs gold and the way they build them is using gold where it's needed with limits. If a creator had that gold he or she or it could create hard drives and tech chips that have the capability to perform 100/1 meaning that 1 hard drive could do what 100 could and so on with many other devices and creations in tech. in the future, no one will wear gold unless it's in Neuron chip in there head. Let's say a human is blind! A Neuron chip can control artificial eyes. We have the tech already it's just doing what steve jobs are done with the iPhone... innovating to create a revolutionary piece of kit! we have the tech there its just putting the dots together.

  • @neil659
    @neil6593 жыл бұрын

    This guy is the embodiment of trying to reach the word limit.

  • @tigerdoug9789

    @tigerdoug9789

    3 жыл бұрын

    Yeah

  • @tigerdoug9789

    @tigerdoug9789

    3 жыл бұрын

    Elon: what limits?

  • @canaballisticdrumms
    @canaballisticdrumms2 жыл бұрын

    Well crap now I need a hand carved Mahogany Cuban link

  • @CodeOverReality
    @CodeOverReality2 жыл бұрын

    People: no u cant just send rocket to random asteroid SpaceX: mining asteroid go brrrrrrrr

  • @kenjhunter6890
    @kenjhunter68903 жыл бұрын

    "asteroid become legal to own" it liretally a pile of rock in middle of nowhere,who gonna stop you from taking one ? galactic space police ?

  • @anthonyj5416

    @anthonyj5416

    3 жыл бұрын

    The country. say that he was doing this for research for a country and another country took sum of the astroid without permission it could lead to war if they think it’s that serious Times are advancing one day a lot of the resources that are on earth are not gonna be here anymore and we will probably be gone once that happen. War is probably going too happens especially when you’re traveling though space and resources are valuable and scarce🤷🏾‍♂️ unless by that time we all come together and stop fighting and focus on surviving and moving off of earth 🌍 damn hopefully they find a way for us to live longer I wish I could see that day 😭

  • @andonokusumajati9607

    @andonokusumajati9607

    3 жыл бұрын

    Wood is more scarce than gold in our solar system

  • @christopherabramor3012

    @christopherabramor3012

    3 жыл бұрын

    @@anthonyj5416 This asteroid is particularly rich in minerals, but there are A LOT of metallic asteroids made of precious metals in the asteroid belt.

  • @anthonyj5416

    @anthonyj5416

    3 жыл бұрын

    @@christopherabramor3012 oh that’s good at least that’s good when we start space traveling we probably won’t be there to see unless Elon musk figures out the recipe for immortality 🙏🏾 hopefully

  • @flarfatron2190

    @flarfatron2190

    3 жыл бұрын

    @@anthonyj5416 yea asteroids are importanter than grammars

  • @gamersalman1234
    @gamersalman12342 жыл бұрын

    3 in the morning and I have some how ended up on this video

  • @creech444
    @creech4442 жыл бұрын

    So yeah that much gold and platinum would tank the markets, however they both have important uses in industry. You'd always be limited by how much they could actually mine and get back to earth. In the end, some of the most valuable asteroids might be the snowballs that are mostly ice. One's that could be diverted to send water to Mars for any colony.

  • @jamesbell8861

    @jamesbell8861

    2 жыл бұрын

    Exactly !!!

  • @tylersoto7465

    @tylersoto7465

    Жыл бұрын

    Exactly, gold and platinum have great conducting, electronic and space uses and having huge resources of them would make technology lot cheaper and effective

  • @sweel863
    @sweel8633 жыл бұрын

    Asteroid names sound like car names like * slaps asteroid * “THIS BABY CAN SMASH 10 PLANETS!”

  • @steady2252

    @steady2252

    3 жыл бұрын

    *crashes into mars*

  • @science.and.beyond
    @science.and.beyond3 жыл бұрын

    We should cut back mining on Earth and work towards exclusively mining in space. Not only are there more materials there, but it would be better for the environment.

  • @slew9900

    @slew9900

    3 жыл бұрын

    Except it takes 6 years to reach jupiter which is near the asteroid of gold so to cut most of mining on earth for 12 years to get some gold wouldn't help us too much sadly

  • @science.and.beyond

    @science.and.beyond

    3 жыл бұрын

    @@slew9900 That's with old technology, we could likely reach the asteroid belt within 2-3 years now, so it would likely be 4-6 years round trip. The transition would have to be slow but if we started now we could probably have enough supply from space to completely phase out surface mining by the 2060's or 2070's. Also the quantity that they can get from asteroids is a lot more, especially if they can figure out a way to pull one into Earth orbit and mine it there. But yeah if you have 100 billion dollars there are probably better investments to choose from that have better ROI within 5-10 years, asteroid mining likely won't have an attractive ROI for another 15-20 years.

  • @slew9900

    @slew9900

    3 жыл бұрын

    @@science.and.beyondthats true would love to see operations involve snatching asteroids and bringing them to earth orbit

  • @ZachRoDah

    @ZachRoDah

    3 жыл бұрын

    Mining in space costs a hell of a lot more than mining on Earth. Even if it would be beneficial to the environment. The amount of resources and tech needed to do so would cost quite a lot on their own.

  • @science.and.beyond

    @science.and.beyond

    3 жыл бұрын

    @Frenchpie Um, that's not right at all, the mass of just Mars and Venus combined would outweigh Earth, if you're referring to the asteroid belt you're correct though. However in the asteroid belt there are larger deposits of metals and also more deposits of rare Earth metals.

  • @bowiecash1447
    @bowiecash14472 жыл бұрын

    They're something called "Supply & Demand" they're is not much gold on out plant (Earth) so it has quite a lot of demand currently, when you have so much supply 10,000 Quintillion worth demand will plummet leading the the price of gold to drop including the economy..

  • @wildfire3986

    @wildfire3986

    2 жыл бұрын

    Ya Elon musk Tesla is worth less

  • @Jarheads4Yeshua

    @Jarheads4Yeshua

    2 жыл бұрын

    but the volume of demand would cause a net gain on the overall size of the economy, hypothetically if one thousand ounces of gold is worth a million dollars before mining begins, then after the crash in price once mining begins, if gold is then only worth one dollar per ounce, after mining ten million ounces of gold then the volume of the goes from a million dollars to ten million dollars, so even a price crash in gold per ounce will result in a net gain of total wealth... What would you rather have, a thousand ounces of gold worth a million dollars or ten million ounces of gold worth ten million dollars?

  • @rafael.beirigo
    @rafael.beirigo3 жыл бұрын

    How would Electronics (quantum circuits included) benefit from the potential increase in gold availability for manufacturing?

  • @rgeraldalexander4278

    @rgeraldalexander4278

    2 жыл бұрын

    ...until graphene is able to be printed.

  • @rafael.beirigo

    @rafael.beirigo

    2 жыл бұрын

    @@rgeraldalexander4278 why?

  • @rgeraldalexander4278

    @rgeraldalexander4278

    2 жыл бұрын

    @@rafael.beirigo Graphene conducts electricity better than gold, as well as being lighter and stronger.

  • @saintpoli6800
    @saintpoli68003 жыл бұрын

    Amazes me how people don’t realize how amazing gold is in technology... Who cares if it becomes valueless? Technology will advance tremendously due to the conductivity of gold

  • @jamesbell8861

    @jamesbell8861

    2 жыл бұрын

    I made a similar comment ... You and I seem to be a rare breed that can see past the end of our noses. I can put my post here if you're interested or you can find it.

  • @meow-ic6gz

    @meow-ic6gz

    2 жыл бұрын

    yeah bruh besides it being the common element in jewelry industry gold are also used on hardware technology

  • @rallyvincent6152

    @rallyvincent6152

    Жыл бұрын

    Would love gold to become cheap. I’ll make my house out of gold 😝

  • @LunarOverdrive

    @LunarOverdrive

    Жыл бұрын

    woah, slightly more gold, truly revolutionizing the electronics industry

  • @totallybored5526

    @totallybored5526

    Жыл бұрын

    If gold becomes valueless so does money

  • @upperjohn117aka
    @upperjohn117aka3 жыл бұрын

    This would kill golds value since its value is tied to rarity

  • @mickbeave3002

    @mickbeave3002

    3 жыл бұрын

    No it's also based on durability and usefulness.... this will help build fleets of spacecraft and hundreds of thousand satellites.

  • @upperjohn117aka

    @upperjohn117aka

    3 жыл бұрын

    @@mickbeave3002 gold is maliable it isnt strong its value is being a semi conductor

  • @upperjohn117aka

    @upperjohn117aka

    3 жыл бұрын

    @Matthew Jones diamonds are about the cuts and also the fact you cant melt out an impurity unlike gold that can be purified to specific karrots

  • @pwnomega4562

    @pwnomega4562

    3 жыл бұрын

    @@mickbeave3002 durable? Really? It's has it applications in space craft but not for durability in anything. That and the amount of gold that thing has is insane. It possibly has more gold in it than the earth itself. And massive influxes in anything in a market even if it has important applications would still kill it's value.

  • @derekdeadlifts2986

    @derekdeadlifts2986

    3 жыл бұрын

    The sell off in the stock market on gold would be intense.Until then I will be holding GDX and I think everyone should

  • @jackchoukaier8764
    @jackchoukaier87643 жыл бұрын

    0:00 ; yeah, you better have heard that line

  • @richardfry2069
    @richardfry2069 Жыл бұрын

    Would gold power lines be more efficient than aluminum?

  • @tylersoto7465

    @tylersoto7465

    Жыл бұрын

    Yes , cuz gold doesn't corroded like aluminum or copper, making great conductor, electronic and advanced technology uses, if we had all that gold and platinum it would make technology cheaper and more effective

  • @michaelginever732
    @michaelginever7323 жыл бұрын

    Platinum group metals are fantastically valuable in real terms. If we had an abundance of them the cost would indeed fall dramatically and we could use its many brilliant properties far more than we currently do.

  • @eitanengel8259

    @eitanengel8259

    3 жыл бұрын

    Good point

  • @tylersoto7465

    @tylersoto7465

    Жыл бұрын

    They have great conducting, electronic and space technology uses and having a abundance of it would make advance technology cheaper and more effective

  • @ArnoldPranks
    @ArnoldPranks3 жыл бұрын

    Thank you for not using cheesy, barely relevant stock footage from those stock video sites.

  • @chamsedinmandri7828
    @chamsedinmandri7828 Жыл бұрын

    that is great projet for futur

  • @JohnR77
    @JohnR773 жыл бұрын

    The whole point is they need minerals that are not abundant here on Earth. This is why Elon wants to mine the astroids. My son actually worked on a robot that takes core samples on Mars - when he was in college.

  • @Forgan_Mreeman

    @Forgan_Mreeman

    2 жыл бұрын

    no, that was my son

  • @shyguymercedesbenz5845

    @shyguymercedesbenz5845

    2 жыл бұрын

    my son work on better robot. he only 9 years old.

  • @Forgan_Mreeman

    @Forgan_Mreeman

    2 жыл бұрын

    @@shyguymercedesbenz5845 this was also my son

  • @marionattilli2906

    @marionattilli2906

    2 жыл бұрын

    @@Forgan_Mreeman no my son you r my son

  • @youreretarded6022

    @youreretarded6022

    2 жыл бұрын

    Elon Musk is my son

  • @prafulgupta6086
    @prafulgupta60863 жыл бұрын

    "It is a fantastic time to be alive" Corona laughing in the background

  • @austineban4811
    @austineban48113 жыл бұрын

    Who is watching this when Elon musk became the richest man

  • @adityashukla2635

    @adityashukla2635

    3 жыл бұрын

    Me

  • @brudder555

    @brudder555

    3 жыл бұрын

    @@deshaunstruve4639 You dont get the joke

  • @crystallxix1493

    @crystallxix1493

    3 жыл бұрын

    Elon Tesla? I thought he was Elon Space X

  • @austineban4811

    @austineban4811

    3 жыл бұрын

    @@crystallxix1493 lolz that's right

  • @romanterry

    @romanterry

    3 жыл бұрын

    38th

  • @Stephen-yb7dk
    @Stephen-yb7dk2 жыл бұрын

    Now we have to find interest rates from space to balance this.

  • @jennifermariemartinezherro3360
    @jennifermariemartinezherro33602 жыл бұрын

    Look at the sheer size of that! I couldn't imagine it. It floored me to get the sense of how a relationship with it would keep you at it. I mean...there it came, the same energy, smaller with its real space size energy, on the screen. Its a moody giant who smacks my head with a jolt though. I worth newbies will experiment with me about it or old at it will just be cruel tp us animal kinds because theyre harder wearers but year, it may straighten my neck. Im in a love river with it. It hasn't got neighbors. It has a huge nature so hard loved it loves at my skull. Thanks. Its incredibly beautiful. I hope you'll show us more, later on. Sorry I was pushed to nudge at my screeners. Space is as we are. It s yours through me as it is the other way. G'night y'all

  • @raphaeldouglas9361
    @raphaeldouglas93613 жыл бұрын

    Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.

  • @peterbedley2719

    @peterbedley2719

    3 жыл бұрын

    Yeah! I agree with you sir.

  • @peterbedley2719

    @peterbedley2719

    3 жыл бұрын

    If you want to be successful have the mindset of the rich, spend less and invest More. Don't give up your dreams.

  • @itoboreoghenevwegba4306

    @itoboreoghenevwegba4306

    3 жыл бұрын

    @@peterbedley2719 People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now.

  • @michealdouglas8206

    @michealdouglas8206

    3 жыл бұрын

    @@itoboreoghenevwegba4306 That's very correct sir!! And that is why most of them end up losing they m o n e y to s c a m m e r s.

  • @michealdouglas8206

    @michealdouglas8206

    3 жыл бұрын

    Don't be in a haste to invest. Know what and who you are investing to and be sure that the person will deliver before investing.

  • @Ripplez25
    @Ripplez253 жыл бұрын

    "Alright people get your shovels ready"

  • @lorenalara2397

    @lorenalara2397

    3 жыл бұрын

    RiOt StArTeD

  • @wunpis9541

    @wunpis9541

    2 жыл бұрын

    Bruh Momento

  • @quietkid-aashish3209

    @quietkid-aashish3209

    2 жыл бұрын

    @@wunpis9541 I would rather YEET the asteroid onto Earth

  • @amubai3688
    @amubai36882 жыл бұрын

    Good.

  • @knighthawk882
    @knighthawk8822 жыл бұрын

    So the RARE earth elements on that asteroid would definitely be a positive thing. Right now a lot of rare elements are, well rare. And in hostile places.

  • @SweatierAcorn

    @SweatierAcorn

    2 жыл бұрын

    helium is rare on earth but very abundant in space.

  • @beautifulthings2992
    @beautifulthings29923 жыл бұрын

    I ve learned to chase happiness, not money. Sit back and relax, life is short.

  • @Frostbite_001

    @Frostbite_001

    2 жыл бұрын

    Well money gets you food lol

  • @Giogro
    @Giogro3 жыл бұрын

    No one would be rich with that lol, it would be good for humanity though since lower gold prices would make many technologies more economic

  • @johnpatrickoldfield534
    @johnpatrickoldfield5342 жыл бұрын

    That’s an interesting acronym.

  • @narpatbhaichauchan3123
    @narpatbhaichauchan31232 ай бұрын

    🏆Gold demand wow ❤❤👍👌🙏🤝🌹🌷nita chauhan✍️

  • @biasedasfluck6660
    @biasedasfluck66603 жыл бұрын

    Me: What did Elon Musk type in his tweet ? Narrator of The Richest : Psychey !

  • @spencerfellows4724
    @spencerfellows47243 жыл бұрын

    Gold is a great conductor. We would use it alot more if cheap. Guessing golds low is impossible. Such a useful material

  • @tylersoto7465

    @tylersoto7465

    Жыл бұрын

    Gold and platinum have great conducting, electronic and advanced technology uses and having a abundance of it would make it cheaper and more effective

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