Space Banking: The future of IB
People might think this is a shitpost but a hundred years from now maybe it will be relevant. With the US Space Force up and running soon, what will be the future of banking? Will there be banks on Mars? The possibilities are endless.
A lot of places on this planet don't have stable banking infrastructure and there are millions of people who need such a system. We haven't even began to properly start a non-earth based, let alone banks.
Credit Union of Mars and Red Planet Financial will be the first banks on Mars until eventually edged out by BB's in the recession of 2219.
Love me some CUM
There will be banks wherever there’s a need for them. When we become an interplanetary civilisation (unless we blow ourselves up before then), pretty sure banks will pop up. Right next to the Starbucks.
The amount of land speculation that will be going on every time we hit a new planet will be insane.
This just makes me want to start selling Mars acreage, we’ve already had people getting stars named after them for years.
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Asteroid mining
^unlocking space... planetary resources . com
This is the most interesting to me. Natural resource companies will need a shit ton of new capital to mine asteroids combined with an entire supply chain ecosystem just to get those minerals back to Earth/space stations. It's a project financing puzzle x 10000, as there are way more variables and your time horizon is even longer since you have to travel through space and you have to be able to structure a financial product that meets those cash flows. Still a long time till we get there though.
This is taking a whole new meaning to the phrase “satellite office”
Merger between a human investment bank and an alien investment bank (assuming aliens have banks like us).
Did anyone hear back from their Bank of Mars SA 2179 superday yet?
We should give NONTARGET LOSERS a ONE WAY TICKET to Mars
I am fairly certain Mars will be judenraus
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