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A comment on Mining in Space Could Lead to Conflicts on Earth. Parent comment

Re:Mining in Space Could Lead to Conflicts on Earth by unfortunateface on Tuesday April 19, 2016 @08:22AM (#11526417)
A auction in which everyone interested bids on access to an asteroid based on...

- Time they have access to asteroid

- Type of resource they want to extract

- Quantity of resource they want to extract

Time cost is paid upfront and distributed evenly amongst worlds countries.

Type/Qty is paid for on return to Earth in either cash or using resource itself.

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Re:Mining in Space Could Lead to Conflicts on Earth by knowaveragejoe on Tuesday April 19, 2016 @10:03AM (#11527004)
This sounds reasonable to me. Can anyone point out some shortcomings of an auction-approach? The only thing that stands out to me is if a party has the means they can buy every auction out.
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Re:Mining in Space Could Lead to Conflicts on Earth by logfromblammo on Tuesday April 19, 2016 @11:11AM (#11527524)
There will also be people who do not intend to return to Earth.
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