The discussion centers on the feasibility and practicality of placing telescopes on the Moon compared to satellites in orbit. Key points include the high costs and technical challenges of landing and maintaining telescopes on the Moon, as well as limitations in observational capabilities due to the Moon's position and environment. While a lunar telescope could potentially be larger than those in orbit, the advantages of satellite telescopes, such as mobility and easier maintenance, make them more favorable for current astronomical needs. Additionally, the conversation raises the need for a permanent Moon base to support such projects, which is seen as a significant hurdle due to financial and logistical constraints. Ultimately, the consensus leans towards the idea that lunar telescopes are not currently practical without an established Moon base.