yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Will Mars Be a World Without Laws? | MARS


2m read
·Nov 11, 2024

Law works because it's effectively backed up by a state, and that kind of breaks down in space a little bit. The whole legality of who owns what is going to fill volumes. There are international treaties that relate to space. The UN Outer Space Treaty 1967 says space is the common heritage of man and that there can be no claims of national sovereignty or appropriation.

But we also have a bill that we put through Congress to the President signed recently that says open if you go to bars and you establish a camp, you can own them or you mine metals there, you can own those metals. Well, there's no international agreement on that at all, so who owns those resources? Those are kind of gray areas that will need to be developed.

These are very, very old rules. The idea of who owns what out in space, you just apply the same rules as we have now. If I go out into international waters, no country owns that, no territory owns that, there's no authority over it. But if I pull a fish out of the ocean, it's my fish. But you can come up in your boat and pull a fish out of the same spot of the ocean, that's your fish.

If you're a commercial venture and you go out and light an asteroid, that's yours because you went and got it. But the people who ultimately end up owning the territory on Mars will not be countries on Earth, it'll be the people who live there. And they're like, we didn't sign that treaty. Mars is likely to be a lot like the Wild West.

Who is going to stop somebody if there's a private company that wants to go on the opposite side of Mars and they want to just drill into the side of Mars and see what they can find? Who's gonna stop them? No, there's not gonna be anybody to stop them. You're a homesteader on Mars, and someone comes and starts homesteading in your backyard. No state is going to be able to support your claim.

So it might have a very, you know, kind of an old-school way of dealing with that. It was the same way in the American West; law enforcement was the last thing to arrive, rules were the last thing to arrive, justice was the last thing to arrive. Mars is likely to become very much an unruly place.

More Articles

View All
What are some things you’ve had to unlearn?
You’d be surprised at how many Founders that we talked to will tell you that nothing they did in their job translates at all to their startup. It’s because you have so much infrastructure inside of Google or Facebook to do your job, and they have their ow…
Nominal interest, real interest, and inflation calculations | AP Macroeconomics | Khan Academy
Let’s say that you agree to lend me some money. Say you’re agreed to lend me 100, and I ask you, “All right, do I just have to pay you back 100?” And you say, “No, no, you want some interest.” I say, “How much interest?” And you say that you are going to…
15 Risks You Must Take in Life
All your life you take some risks, right? Like drinking that third coffee at 5 p.m., not knowing if you’re going to sleep or not. You risk going hiking, not being sure if it’s really going to be that sunny outside or if you’re going to run into a bear. Al…
Consumer credit unit overview | Teacher Resources | Financial Literacy | Khan Academy
Hi teachers, Welcome to the unit on consumer credit. So, just as a high level, this is going to cover everything from credit scores—what is it? How it’s able to give people who might give someone credit a sense of how likely you are to pay back that cred…
Ponzi Factor radio interview with Loiue B Free
And I, as I had promised, a very, very special guest on to talk about something that will, it’s going to, I guess, to taught it, which I say, rock their worlds, right? It’s gonna rock your world. He’s gonna, it’s a preconceived notions that you have, thin…
Buddhism | The Cure For Anxiety?
In Buddhism, the main goal is the end of suffering. There’s one form of suffering in particular that plagues most people at some point in their lives, which is called anxiety. In this video, I will explore what we can learn from Buddhism in regards to fig…