262 karma · joined August 27, 2016
Nostr: 000000000332c7831d9c5a99f183afc2813a6f69a16edda7f6fc0ed8110566e6
Hayabusa, 2005 - $100 billion dollars per kg
Hayabusa 2, 2019 - $33.3 billion dollars per kg
OSIRIS-REx - 2020 - $491.7 million per kg
Chang'e - 2020 - $104 million per kg
https://www.youtube.com/watch?v=tY6aCg5InzY&t=170s
Seems to be trending downward... Who knows if it'll be enough.
I was curious if a similar downward trend existed for solar panels...
"In 1956, solar panels cost roughly $300 per watt. By 1975, that figure had dropped to just over $100 a watt. Today, a solar panel can cost as little as $0.50 a watt."
https://news.energysage.com/the-history-and-invention-of-sol...
So, that's a factor of 600 to get to present costs. Gold currently costs $56,500 per kg. So, $33,900,000/kg. So, who knows where we could be in 50-70 years. Plenty of time to switch the entire global economy to Bitcoin, I suppose!
> Lee said when it comes to new home construction, pricing is being complicated by ongoing pandemic-related supply chain challenges. While difficulties related to lumber have eased, home builders are still dealing with delivery delays and price inflation on everything from plumbing and electrical products to kitchen cabinetry.
> "It doesn't compare to the three to five times price increases we saw with lumber, but I'd say on average, we're seeing 10 per cent increases on everything, including the kitchen sink," Lee said. "And we are still seeing delays on closings, just because of an inability to get products and materials."
Meanwhile... August 27th, 2021:
> "...households, businesses and market participants also believe that current high inflation readings are likely to prove transitory," Powell said.
https://www.reuters.com/business/why-fed-chair-powell-still-...
Sigh.
Nobody believes that, Jerome. Nobody really believes that.
I've often thought, the web isn't designed for efficiency, it's designed for scale. Scale around big tech giants, to concentrate wealth, exploit gray areas, and magnify harm.
I used to love JavaScript, but when I look at what it's become, I'm glad I left it. We weren't doing the world any favors by contributing to a massive body of casual execution of untrusted code.
The web was a mistake, but I think the internet, good old TCP/IP, still has a few tricks up its sleeve for us yet.
Could a government not have a different level of interest in law enforcement over CP vs, say, political material that undermines government authority?
For the privacy-minded Apple users among us (I mean, that's who they marketed to, yeah?), I'd recommend turning off automatic software updates... For as long as it makes sense to. I hope they reverse their decision, but I'm already looking for alternatives. I'm certainly not buying another Apple device, even though I'm about due.
They really lost a lot of fans with this, myself included.
Bitcoin will take care of fiat money, and Ethereum, too. It's solving for the $1 quadrillion dollar problem, and after a few decades or generations, wealth around the planet will begin to be a little more evenly distributed, since even the Bitcoin billionaires will eventually need to spend their Bitcoin.
If the same resources that were dedicated to the numerous policing agencies in the US were given to a smaller number of more generalized agencies, those agencies would be allowed to prioritize where their time and resources are best spent protecting the public.
I would even go so far as to say, there shouldn't be specific immigration cops, or alcohol, tobacco and firearms cops, since if there were actual crimes committed by immigrants or gun owners, the crimes themselves should be dealt with. To allow cops to go snooping around by widening jurisdictional responsibility, it has a very "pre-crime" aspect to it, which is often subject to prejudice and bias.
Also, there's utility in a trustless, predictable, uncorruptible source of scarcity. Meanwhile, the supply of gold is difficult to audit, we have no idea to what extent nation states are manipulating its supply.
The value of a deflationary monetary policy cannot be understated.
I'll do it if nobody else will.