Does Asteroid Mining Violate Space Law?

  • Thread starter Thread starter markomalley
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Given the enormous cost of space travel, entrepreneurs would need to locate an astreroid made of solid cocaine to make a profit from mining; Many South American governments would object to that.😉 Still, a government that subsides obsolete solar cell technology and ethanol production from corn might be dumb enough to subsidize such a venture for someone with the right political connections.
Asteroids are made out of rare metals like platinum. There is incredible profit potential.
 
You only possess what you can defend. Therefore, space materials are free game until some powerhouse sets up shop and enforces its territory. International law is largely a joke if it is not enforced.
 
Asteroids are the communal property of all Earthlings alright, but yet they could destroy us all. I’m all for neutralizing asteroid risk and making profit at the same.
 
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