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[–]neomarxist_bullshit 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (5 children)

It's used in electronics etc so it definitely has an objective value. It's a rare metal and when we run out of it these sorts of asteroids will be handy

[–]literalotherkinNorm MacDonald Nationalism 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (4 children)

I said limited industrial uses didn't I?

[–]neomarxist_bullshit 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (3 children)

well considering electronics is in everything today and everyone uses it I wouldn't try to downplay its importance

[–]Node 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

If we do catch a Carrington Event strength CME in the next few years (more likely than ever before), electronics and maybe even electricity itself will be toast.

How often do Carrington events occur? Roughly every 150 years

Let's see, what's 1859 + 150?

[–]neomarxist_bullshit 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

hmm interesting observation

[–]literalotherkinNorm MacDonald Nationalism 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Many metals are used in electronics. Aluminum is used in electronics but it costs a fraction of the price gold does because it's so abundant. So too would gold be as cheap if you extracted every Kg of gold from the asteroid in question. It would not make everyone a billionaire. You've totally missed the point.