Comment by BuyMyBitcoins
1 day ago
If we ever mine for gold in space, I suspect it would be more economical to leave the gold there than to bring it down to earth. Most gold ownership never results in delivery, people just own receipts for gold stored elsewhere.
I’ve always found it amusing that so much effort goes into extracting gold from the Earth when such a substantial amount of it goes right back underground into some vault.
Matt Levine has discussed similar theme for sub surface gold on earth[1]. NatGold is the company mentioned which tokenizes that.
Obviously pre-mined should trade lower than earth mined gold. Price should be something like Earth gold pricing- mining cost - cost to transport back to earth (or location based prcing, we are some time away from space based economics). Basically you will be trading rights for mining for a particular space mine.
[1] https://www.bloomberg.com/opinion/newsletters/2025-11-24/lea... (paywalled)