Surfshark VPN at https://Surfshark.deals/mega – Enter promo code MEGA for 83% off and 3 extra months for free!

Got a beard? Good. I’ve got something for you: http://beardblaze.com

Simon’s Social Media:
Twitter: https://twitter.com/SimonWhistler
Instagram: https://www.instagram.com/simonwhistler/

This video is #sponsored by Surfshark.

Love content? Check out Simon’s other YouTube Channels:

Biographics: https://www.youtube.com/channel/UClnDI2sdehVm1zm_LmUHsjQ
Geographics: https://www.youtube.com/channel/UCHKRfxkMTqiiv4pF99qGKIw
Warographics: https://www.youtube.com/channel/UC9h8BDcXwkhZtnqoQJ7PggA
SideProjects: https://www.youtube.com/channel/UC3Wn3dABlgESm8Bzn8Vamgg
Into The Shadows: https://www.youtube.com/c/IntotheShadows
TopTenz: https://www.youtube.com/user/toptenznet
Today I Found Out: https://www.youtube.com/user/TodayIFoundOut
Highlight History: https://www.youtube.com/channel/UCnb-VTwBHEV3gtiB9di9DZQ
Business Blaze: https://www.youtube.com/channel/UCYY5GWf7MHFJ6DZeHreoXgw
Casual Criminalist: https://www.youtube.com/c/TheCasualCriminalist
Decoding the Unknown: https://www.youtube.com/channel/UCZdWrz8pF6B5Y_c6Zi6pmdQ

source

40 Comments

  • @megaprojects9649

    03/03/2025 - 12:04 PM

    Surfshark VPN at https://Surfshark.deals/mega – Enter promo code MEGA for 83% off and 3 extra months for free!

  • @TwilightMysts

    03/03/2025 - 12:04 PM

    There are two reasons to mine an asteroid.

    The first is to locate extremely rare and valuable elements that we need here on Earth. This has limited use though because if you deliver 100x the entire supply of platinum all in one go, you will just crash the platinum market…

    The second reason is to gather resources to construct our space infrastructure. It is extremely difficult and costly to lift mass into orbit. If you want to build a space ship weighing a million tons, that will probably cost hundreds of trillions of dollars to ship up from Earth's surface. The best way to do it is if we can mine and refine all those resources in space.

  • @ryanhenderson8908

    03/03/2025 - 12:04 PM

    I'm pretty sure Musk will be the first trillionaire without harvesting an asteroid.

  • @angrysquirrel187

    03/03/2025 - 12:04 PM

    I imagine that somehow, like sports stadiums , tax payers will foot the bill for the project , yet somehow a billionaire or corporation will own the product and we’ll all pay a second time for any outcome.

  • @JustinBrown-q4v

    03/03/2025 - 12:04 PM

    That much off anything becomes almost worthless

  • @stevenszmek7007

    03/03/2025 - 12:04 PM

    Of cause ! Why progress as a civilisation if we would get ridd of the worth of currency …. This extremist religion of warshipping money and the "Numbers must go up" bible is the reason for most if not all problems on this world .

  • @montyburnham7704

    03/03/2025 - 12:04 PM

    I was there for the Osiris-Rex re-entry. That was years ago lol. Im pretty sure, before this video was released.

  • @oildalestar

    03/03/2025 - 12:04 PM

    You didn't understand that political reasons would increase demand rare earths, helium,that are controlled by hostile governments would be bypassed certain metals used for catylithic procedures but are stopped by price would increase nations could go back to the gold standard price of metals dropping would increase usage for example dams made out of steel roads made out of gold not to mention new technology

  • @yajatpal4698

    03/03/2025 - 12:04 PM

    Bruh i thought you was vsauce

  • @whereDoCarrotsComeFrom

    03/03/2025 - 12:04 PM

    Critical role mentioned! 🎉🗣️🔥

  • @rugbyf0rlife

    03/03/2025 - 12:04 PM

    I guess this channel doesnt understand supply and demand or economies of scale. Bringing back hundreds of tons of precious metals will definitely crash the price, but not to being worthless. Their function is still valuable and will supply broader use, such as gold in electronics. Being the sole supplier at scale would still be worth trillions to the miners. Just not quadrillions.

  • @JP-1990

    03/03/2025 - 12:04 PM

    I'd imagine that such amounts of metal could greatly boost space travel technology above all other things. Simply make the metals unavailable for commercial use.

  • @gordwrath6811

    03/03/2025 - 12:04 PM

    Hey, big brains. Why don't we just crash the asteroids onto the moon?

  • @stevenlaube7535

    03/03/2025 - 12:04 PM

    and fly to mars build a earth 2 and call it jonestown on steroids

  • @rexd_kin6850

    03/03/2025 - 12:04 PM

    I wouldn't even want to take water out of our ecosystem to supply space mining without explicitly looking to replace that water with those early missions.

  • @earlycat170

    03/03/2025 - 12:04 PM

    The world's first Trillionaire existed rather awhile ago. His name is Genghis Khan

  • @deafharp8944

    03/03/2025 - 12:04 PM

    Here's how I'd do it:

    To prevent companies from losing out on profit thus losing their incentive, world governments should be able to invest in the endeavor. The company then gets to say "we'll bring X number of tons back to Earth, and will split the spoils depending on how much % you invested in the mining trip, but all investors must pay $3 per gram of material. All in all, it would be a massive win for the countries, a massive win for the company, and a massive win for humanity as a whole (cheaper prices, more advancements).

  • @undertow2142

    03/03/2025 - 12:04 PM

    Mining in space will be used to build things in space.

  • @JamesTyrrellOnline

    03/03/2025 - 12:04 PM

    For book fans who find this subject cool try "Delta-v" by Daniel Suarez, is a great hard science fiction book about asteroid mining.

  • @jasong5094

    03/03/2025 - 12:04 PM

    If we do get to the point that we can mine asteroids, we'd be wiser to just leave it up there in low gravity and use it build what we need up there. If we did that, it wouldn't wreck our economy. We don't have to deal with rappers driving around in cars literally made out of platinum. And we can get to building those Star Dest…um, X-Wings…I meant X-Wings… Win, win and win…

  • @metal87power

    03/03/2025 - 12:04 PM

    Technological companies would have to invest in their mining departments instead of outsourcing. Scarcity isn't the only major factor for profitability – demand is. Water is abandoned in the Western world yet demand for it is steady; water is also used in other drinks and food items – it's essential. The same goes for metals or gases, humanity needs them because we consume them all the time. Space mining is a great investment, but it also will be a source of steady revenue. It will lower the costs of many tools and machines and bring their level up decreasing costs of operations in various sectors of a company. Of course, geopolitics matters too, but if countries with valuable metals will close up themselves increasing scarcity it would be an even greater push for a company to seek independent sources. Government isn't necessary, it's undesirable. The market doesn't create monopolies, true monopolies, but the political power – directly or indirectly. The market is an organic body. One policy influences the other. More monopolies were created that way by the government than by private greed.

  • @BahamutEx

    03/03/2025 - 12:04 PM

    It's only worth something due to capitalism.If it's more abundant it's also worth less if my thinking is right.

  • @martythemartian99

    03/03/2025 - 12:04 PM

    Hayabusa was was Japan's JAXA, not NASA.

  • @Taoxlrgion1982

    03/03/2025 - 12:04 PM

    You're very smart, but you forget an essential thing: bringing 1000 tons of gold to earth will only bring prizes down theoretically! If the prize on earth is 60 dollars a gram and you ask 60 dollars for every gram nobody can make you lower the prize.. The only way the prize will go down is when other people lower their prize or you lower your prize!!

  • @severyn7194

    03/03/2025 - 12:04 PM

    Could they just grab the asteroid and land it on the moon for harvest? No atmosphere to speak of and it keeps it adjacent but still accessible.

  • @HestonLAbbe

    03/03/2025 - 12:04 PM

    The Hayabusa mission was not "carried out by NASA." It was a JAXA mission (Japan).

  • @briannorden

    03/03/2025 - 12:04 PM

    100% future. I have my own thoughts.

  • @dontebronaugh

    03/03/2025 - 12:04 PM

    Why don’t we land on the asteroid then crash land it on earth

  • @KaosProject21

    03/03/2025 - 12:04 PM

    rare earths might be a situation for regulated scarcity. if diamonds can stay expensive why cant metals we need for technology…

    solving the humanitarian crisis is worth the effort to automate their collection from space

    not to mention helium3

  • @KaosProject21

    03/03/2025 - 12:04 PM

    if we are planning to mine the moon…. why dont we access the resources in astroids by guiding them into the Moon…

  • @potatoman4680

    03/03/2025 - 12:04 PM

    I want to make a petition for the first asteroid mining ship to be called the USG Ishimura

  • @Lorenzo-zq8dk

    03/03/2025 - 12:04 PM

    I think some of us had enough of the world economy, l think it's time to go our own direction 🧐

  • @BrockSamson-i1i

    03/03/2025 - 12:04 PM

    @5:20 isn't that the opening to Andromeda Strain. project scoop, a probe to collect samples from space comes back with a virus from the future that kills everything

  • @MukiBlalock

    03/03/2025 - 12:04 PM

    Osiris Rex was a success!

  • @johngiraldi1150

    03/03/2025 - 12:04 PM

    The best way to mine for minerals on an asteroid is the old fashioned way, i.e., crash it into the Earth first.

  • @StinkHateFist

    03/03/2025 - 12:04 PM

    Billionaires are spending money on yachts….if I had billions I would fund space missions. Way more likely to make it to the history books then, and actually do something good for humanity.

  • @Crioten

    03/03/2025 - 12:04 PM

    Space starfishes love you

  • @SeaDemon25

    03/03/2025 - 12:04 PM

    this is why some kind of cummunism is eventualy going to happen, no matter how people feel about it today

  • @emomuzz5883

    03/03/2025 - 12:04 PM

    "The asteroid belt is simply too far away for our science to make any such project practical" -Me

  • @stevecam724

    03/03/2025 - 12:04 PM

    Can anyone see a problem with directing asteroids towards earth?
    Can anyone see a problem with corporate missions being the cheapest possible to increase profits?

Leave a Reply