NASA Is Set To Explore A Massive Gold/Metal Asteroid Called 'Psyche' That Is Significantly More Valuable Than Our Global Economy - And Bitcoin's Supply Is Still Limited to 21 Million NASA plans to launch the same-named mission in August 2022 to investigate a 140-mile-wide asteroid known as '16 Psyche,' which is supposed to represent the exposed metallic iron, nickel, and gold core of a protoplanet. The asteroid is three times further away from the Sun than the Earth and orbits the Sun every five years. An orbiter from NASA's mission will survey and investigate the asteroid's features from 435 miles/700 kilometers above its surface for at least 21 months.
In my opinion, These billions of dollars for mineral and metal content are ridiculous. Prices are established according to supply and demand. Rare earth metals are valued the way they are because of the available supply; if we suddenly quintuple the supply, the price would drop tremendously, and the true value will be just a few billion dollars.
I'd like to know what do you think?Source
https://www.forbes.com/sites/jamiecartereurope/2021/12/28/nasa-is-set-to-explore-a-massive-metal-asteroid-called-psyche-thats-worth-way-more-than-our-global-economy/