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This sounds absolutely wrong to me. It sounds like a government has decided in a backdoor sort of way to taking ownership of a resource deemed to belong to all of humanity.

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It's a problem with no ideal answers. On the one hand, without any regulation it will be wild west rules- you can do whatever you're able to do. On the other hand, it's territory outside the ownership of any nation on Earth, and it shouldn't be subject to any nation's control.

Some sort of independent authority would be great, but probably impossible in practice.

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