Max (fallacy)

Race #120

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Official speed 85.43 wpm (45.79 seconds elapsed during race)
Race Start December 27, 2012 10:47:46pm UTC
Race Finish December 27, 2012 10:48:32pm UTC
Outcome No win (2 of 4)
Opponents 1. darkmonk (108.80 wpm)
Accuracy 93.0%
Points 0.00
Text #463 (Length: 326 characters)

The basic concept is simple: a satellite in geosynchronous orbit is connected by cable to a stationary or mobile platform somewhere on Earth's equator. An elevator would ride up and down the cable at a fraction of present costs. Many sane and sober people believe that a space elevator will be constructed within this century.