Danny J. C.
Gradually, then suddenly
"Our vision is to catalyze humanity's growth, both on and off the Earth," Peter Diamandis
First things first - Asteroids are way out there and moving very fast.
One must build robots that can mine and spacecraft that can bring the haul back into humanity’s reach.
Well in April of 2017, Goldman Sachs circulated a 98-page note for its clients saying, basically, space mining seems daunting but it actually makes a lot of sense.
However, a report form CalTech states that an entire asteroid "capture and return mission" could cost about $2.6 billion. On the other hand, a single 98-foot-long (30-meter) asteroid could contain $25–$50 billion worth of platinum.
In 2015 President Obama signed the U.S. Commercial Space Launch Competitiveness Act (H.R. 2262) into law, which recognizes the right of U.S. citizens to own asteroid resources they obtain and encourages the commercial exploration and utilization of resources from asteroids.
As early as 2012, Planetary Resources was planning this space-mining, supported by names like James Cameron, Larry Page, and Eric Schmidt!
Flying cars, anyone
Not yet > check this out:
Why I am writing about this? Well, to open up minds for what is coming.
"An analysis of the history of technology shows that technological change is exponential, contrary to the common-sense “intuitive linear” view. So we won’t experience 100 years of progress in the 21st century—it will be more like 20,000 years.“ Ray Kurzweil
…gradually, then suddenly
Disrupt or become disrupted.
".,. 6 thing online per person constantly by 2020"
Technology is exploiting humanity faster than ever. I am not even touching here on Energy Internet, Human-Machine Convergence or Radical Life Extension.
Joke aside, I am talking about blockchain technology and its power to change (yes, not everything).
Emergence from centralized to decentralized.
We are in 1995, if crypto follows the same trajectory as the internet.
In my opinion, a little far-off to compare blockchain and crypto with the internet revolution. Still, from exponential growth perspective, definitely reasonable comparison.
According to Credit Suisse’s new Global Wealth Report 2017, there are now 36 million millionaires in the world. There is a maximum of only 21 million bitcoin in the world.
USD289m worth of BTC transferred for USD0.04 in fees.
Why invest now?
Jeff Bezos' office in 1999.
Amazon.com in 2018...gradually, then suddenly
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Sources: Deloitte, BCG, CB Insights, Bloomberg, Credit Suisse