3/ to get private industry involved, space needs a business model. That's why asteroids are so important.
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@cdixon We have the equiv of all asteroids under our feet. Q is what can we do with them up there that can't be done down here.
@cdixon And the answer has to be product or service people down here will pay for. (e.g. we now pay for data relays in view of millions).
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@NickSzabo4 the argument for rare metals is pretty compelling http://www.planetaryresources.com/company/overview/#our-vision … -
@cdixon Marginal. Better to ask Qs like: if we could 3D print in 0g from asteroid metal, or blow like glass, what cool things could we make? -
@cdixon Don't invest in asteroids unless can invest in entire vertical from asteroids to finished products & services. -
@NickSzabo4 there is probably no asset class that can invest in asteroids anyways. -
@cdixon If somebody was actually making asteroid mining equipment that would be interesting, but PR is just making satellites for NASA. -
@NickSzabo4 it's a multistage process -
@NickSzabo4 I think the key is there is no asset class to fund this. VC= max 15 year horizon and maybe max of $100m investment pre revenue. -
@cdixon Need v. small machines so can launch entire supply chain from mining equipment to mfg. for cost of launching large comsat to GEO.
End of conversation
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@NickSzabo4@cdixon I like where your head's at, but for now I'd bet on it being rare earth metals mining, etc etcThanks. Twitter will use this to make your timeline better. UndoUndo
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