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Comment by Hurtak | Hacker News Reader

Their FAQ is also pretty good.

Q: Why aren’t you giving all this money to charity? A: Why aren’t YOU giving all this money to charity? It’s your money.

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Hopefully they will at least let people in need use the hole.

who needs a hole in the ground?

If you trust in free markets, then you really must let the needy themselves decide what they need.

everyone eventually does.

Over here, cremation is customary. The ashes are sent down a river.

"What if you dig so deep you hit hot magma? At least then we’d feel something." Touche.

I wish they would go deeper though, they're kinda just digging a wide hole. Unlikely they'll hit magma.

Digging holes requires a lot of horizontal space. Generally 2:1 width to depth is needed for standard topsoil. Go to deep too fast and you won't be able to get your digger and dump truck back out of the hole.

Minecraft 101: Don't dig straight down.

If they'd use a drill, wouldnt they get deeper faster?

Then they'd be "drilling" a hole, not digging one.

(Educational tangent: the deepest hole in the ground is the Kola Superdeep Borehole - https://en.wikipedia.org/wiki/Kola_Superdeep_Borehole )

oh the nostalgia! I remember learning about this as a kid. Sad that it's all abandoned now.

Yeah, but it's not as impressive. With a drill, the only visual part is the machine at the top. With a conventional digger, you can have a youtube stream of the hole getting visibly larger every minute.

One question is missing though: what if they find gold or other precious materials? Will the backers receive part of the returns?

HN, always thinking of the money. Can't we just set aside the technicalities and cash and enjoy a hole for once.

All treasure remains property of the hole.

Upon death or filling, ownership is bequeathed to the plot of land that takes it's place.

I wonder what will happen if someone enters their land, falls into the hole, gets hurt, and sues for damages. US liability law is a funny thing. Is a big-ass hole shown in video on the internet an attractive nuisance?

Wouldn't they be trespassing if it's without permission?

Yes, but 'attractive nuisance' laws are there to stop you escaping liability this way. If you make a super-dangerous thing, which is likely to attract idiots or small children, and then kill them, you can't just say 'it was their own fault, your honour, they shouldn't ought to have been there on my land...', rather you must erect a fence and post warnings. See https://en.wikipedia.org/wiki/Attractive_nuisance_doctrine

Oh, yes. But US liability law is a funny thing and its reach is vast. That's why US swimming pools tend to be surrounded with serious fencing with locked gates: to avoid liability for the kids and drunks and $OUT_GROUP members who would otherwise wander in and drown.

You can't insure a property if pool (or entire property) is not fenced.

Sure you can. You just cannot use standard cheap home policies. I have learned that someone somewhere will always write a policy. It may be crazy expensive. But they will write it.

Many places are fine with a retractable cover that you can't fall through. They are like a flat thing on wheels, let you walk on it when closed.

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