Rand Simberg has noted – It is possible to withdraw from the 1967 Outer Space Treaty with one years notice. A president that wanted to do that would need to get Congressional support. Another method is suggested by the Space Settlement Institute. The U.S. can recognize private claims of non-state actors, which could accomplish the goal of allowing property on the moon without the need to withdraw from the Outer Space Treaty. It would also provide a tradable market in lunar real estate, allowing private settlement ventures to raise funds without the need for taxpayer money. It wouldn’t be a U.S. state, but it might be a settlement of Americans, with American values, which is probably what the former speaker’s goal is.
Rand Simberg also notes a problem for long term government prizes. There would be no guarantee that a future Congress wouldn’t rescind it, creating a great deal of uncertainty and risk for someone who wanted to pursue it. This can be overcome by crafting a series of shorter term prizes.
I would like readers can discuss in the comments, what would be the most efficient and effective series of space prizes to achieve a permanent lunar base. Try to stay in the budget of $2 billion per year from 2013-2020. $14 billion. Also, suggestions for re-allocating other parts of NASA budget can be suggested as well. Things like beefing up support for commercial launch systems.
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Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
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He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.