In a previous post i mentioned that the Lunar Registry is offering plots of land up in one acre increments. Once my excitement that i may be able to live on the moon someday subsided, i felt a little uneasy thinking about the negative aspects of what the privatization of space would bring. Billion-dollar corporations have already shown that they will exploit anyone and everything just to increase profit by a tenth of a percentage point; just imagine the recklessness with which they will treat space.
My fear is that in the not-so-distant future people will be buying and selling plots of moon land or spaces in space like they are trading stocks in the market or online services. For terrestrial stocks, that’s fine, but i would hate to see space become one huge advertisement like most of the Earth has.