US News President Obama Signs Bill Recognizing Asteroid Resource Property Rights into Law

tom_mai78101

The Helper Connoisseur / Ex-MineCraft Host
Staff member
Reaction score
1,227
Redmond, Wash. – November 25, 2015 – Planetary Resources, the asteroid mining company, applauds President Obama who signed the U.S. Commercial Space Launch Competitiveness Act (H.R. 2262) into law. This law recognizes the right of U.S. citizens to own asteroid resources they obtain and encourages the commercial exploration and utilization of resources from asteroids.

“This is the single greatest recognition of property rights in history,” said Eric Anderson, Co-Founder and Co-Chairman, Planetary Resources, Inc. “This legislation establishes the same supportive framework that created the great economies of history, and will encourage the sustained development of space.”

Peter H. Diamandis, M.D., Co-Founder and Co-Chairman, Planetary Resources, Inc., said, “A hundred years from now, humanity will look at this period in time as the point in which we were able to establish a permanent foothold in space. In history, there has never been a more rapid rate progress than right now.”

Peter Marquez, Vice President of Global Engagement, Planetary Resources, Inc., said, “Our nation’s continued leadership and prosperity in space is enabled by this new law. Planetary Resources is grateful for the leadership shown by Congress in crafting this legislation and for President Obama signing H.R. 2262 into law. We applaud the members of Congress who have led this effort. Marco Rubio (R-FL), Lamar Smith (R-TX), Patty Murray (D-WA), Kevin McCarthy (R-CA), Bill Posey (R-FL) and Derek Kilmer (D-WA) have been unwavering in their support and leadership for the growth of the U.S. economy into the Solar System.”

Read more here. (Planetary Resources)
 

Varine

And as the moon rises, we shall prepare for war
Reaction score
784
... if I have the capacity to mine a fucking asteroid, I'm going to start my own planet on Mars first.
 

Accname

2D-Graphics enthusiast
Reaction score
1,456
And then putin signs a bill that all asteroids belong to russia. Now what? You screwed?
A single country has no right to asteroids. Maybe if they fall down on your land, but not up in space.
 

KMilz

You can change this now in User CP.
Reaction score
140
That's what this says, is that countries won't own the asteroids, but private companies will. The idea is that if you go up and wrangle yourself an asteroid and start mining it, no one in the US government is going to come and try to take it away from you. That's good enough to start, at least.
 

Accname

2D-Graphics enthusiast
Reaction score
1,456
Until the chinese take it over, kill the amuricans and confiscate their equipment. All because, you guessed it, all asteroids belong to the peoples republic of china!
What then? War? Why? American citizens were killed, yes, but they did break the law of the chinese government. And they did it outside of the US. So what is going to happen?


The ONLY thing the US government can say, is that the US government itself will never take away your asteroid. Well, thats at least something. But they are not the ones you should be worrying about anyways.
 
Last edited:

KMilz

You can change this now in User CP.
Reaction score
140
You should definitely worry about our government. They don't give two shits. Ask Japan.
 

Varine

And as the moon rises, we shall prepare for war
Reaction score
784
The US won't take away asteroids of US citizens. If you're a fucking Arab, with an asteroid, we will totally fucking take the fuck out of it and then say you're a terrorist funding piece of fucking Arab shit. Then it'll belong to the citizens of the US, and Haliburton.
 
General chit-chat
Help Users
  • vypur85 vypur85:
    Missing this place much. Wish that WE is still a thing now, just like the past when everything was so active.
  • The Helper The Helper:
    Are you in Taiwan or Mainland China?
  • vypur85 vypur85:
    I'm in Mainland. At Wuhan. The place where all shit began...
  • vypur85 vypur85:
    Lol. After one whole year here, I learnt a few good and bad things about China.
  • vypur85 vypur85:
    Everything you do is pretty much observed. There are eyes everywhere... They can even read your Wechat texts if they want to...
  • vypur85 vypur85:
    But it's pretty much safe here. Walking alone in the middle of the night in weird dark alleys is completely safe...
  • The Helper The Helper:
    that is cool
  • The Helper The Helper:
    at least its safe
  • jonas jonas:
    Haha, I remember taking a taxi in Beijing last year and the cabbie lectured me about how safe China is compared to America, then he made a gun with his fingers and pretended to shoot in the air while making "pew pew" sounds
  • jonas jonas:
    I pmed you my wechat, I'm thinking about visiting wuhan this year
  • jonas jonas:
    Which company do you work for?
  • vypur85 vypur85:
    Haha yea they'd compare my country as well...
  • vypur85 vypur85:
    Hmm i don't receive any pm? Maybe I'm using my phone. Gonna check it out using my pc later.
  • vypur85 vypur85:
    I'm teaching A Levels in a school in Wuhan.
  • jonas jonas:
    You should see a "private conversations" tab in the chatbox, that's where I sent it to you
    +1
  • jonas jonas:
    Wow
  • jonas jonas:
    Is the school system in your country similar to Chinese school system? I could never imagine being a teacher in a Chinese school, what's expected of students and teachers is just so different from what I'd be looking for as a teacher
  • vypur85 vypur85:
    A Levels is based on the UK syllabus offered internationally. So the syllabus is similar throughout different countries, taught in english.
  • vypur85 vypur85:
    I can't speak or write or read much chinese... Too difficult....... Which also makes my life here in china a lil difficult.
  • jonas jonas:
    Oh, I see. I thought Chinese version of A-levels :D
  • jonas jonas:
    I've been using the translate app a lot on my phone. take a photo, translate. take another photo, translate again :D
  • jonas jonas:
    it also has voice translation, my colleagues sometimes use that
  • jonas jonas:
    You came during the 0 covid policy right? How'd you get through quarantine? Did you have some help with the apps and green codes?
  • tom_mai78101 tom_mai78101:
    If you have any Chinese you need help with, let me know.

    The Helper Discord

    Staff online

    Members online

    Affiliates

    Hive Workshop NUON Dome World Editor Tutorials

    Network Sponsors

    Apex Steel Pipe - Buys and sells Steel Pipe.
    Top