it would fall to earth. space isnt realy that hard to gey to, the tricky part is ORBIT. to get to orbit you have to be on space and moving sideways faster than you fall down. this makes you fall in an eternal circle around the earth.
add a rope to this equation where 1 end is tied to the earth there is no way to move the other end without it falling to earth from just swinging.
There ia a space elevator concept, but that requires a much longer rope that goes past GEO (basically the farthest out satilites), so its a different thing really
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