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Topic: A Interplanetary Currency - page 6. (Read 9187 times)

legendary
Activity: 1288
Merit: 1080
November 23, 2012, 04:07:40 PM
#12

Come on.  ISS is in Low Earth Orbit.  So about 400km above sea level.   Using internet through such a distance is no big deal.  And internet signals pass through space all the time anyway, since they are often relayed by communication satellites.
legendary
Activity: 1288
Merit: 1080
November 23, 2012, 04:02:19 PM
#11
mega internet lag to update the blockchain. plus why would they need money on mars.

They could need Earth money in order to buy stuff from Earth.
sr. member
Activity: 300
Merit: 250
BitcoinStarter.com Support Account
November 23, 2012, 03:59:07 PM
#10
interplanetary currency, that's way cool!

I just thought it was mind-blowing to think about!

We send radio signals to Mars, it means bitcoins could be used between planets as well. Smiley

The good people at ISS are tweeting:

check this

http://www.nasa.gov/home/hqnews/2010/jan/HQ_M10-012_ISS_Web.html

My goodness this is good news. Good piece of information there Smiley
hero member
Activity: 815
Merit: 1000
November 23, 2012, 03:57:30 PM
#9
Yes I think planets and large intergalatic societies will trade very directly information streams and innovations sent directly. Just 10 years delays in messaging would make negotiating complex contracts impossible.
"You sent me the latest in laser weapons tech and will continue to send you the latest in fusion reactors" etc..

Bitcoin on Mars? Mars is worse than living on Antarctica so I doubt there will be much economy there for a long time. Maybe one day they would have their own chain though.
hero member
Activity: 868
Merit: 1000
November 23, 2012, 03:56:43 PM
#8
interplanetary currency, that's way cool!

I just thought it was mind-blowing to think about!

We send radio signals to Mars, it means bitcoins could be used between planets as well. Smiley

The good people at ISS are tweeting:

check this

http://www.nasa.gov/home/hqnews/2010/jan/HQ_M10-012_ISS_Web.html
sr. member
Activity: 300
Merit: 250
BitcoinStarter.com Support Account
November 23, 2012, 03:49:07 PM
#7
interplanetary currency, that's way cool!

I just thought it was mind-blowing to think about!
sr. member
Activity: 300
Merit: 250
BitcoinStarter.com Support Account
November 23, 2012, 03:48:47 PM
#6
mega internet lag to update the blockchain. plus why would they need money on mars.

they would just use ration cards and stamped the day they eat a meal..



What if you want to do a transfer of wealth to earth?
hero member
Activity: 868
Merit: 1000
November 23, 2012, 03:46:47 PM
#5
interplanetary currency, that's way cool!
legendary
Activity: 4410
Merit: 4788
November 23, 2012, 03:33:55 PM
#4
mega internet lag to update the blockchain. plus why would they need money on mars.

they would just use ration cards and stamped the day they eat a meal..

legendary
Activity: 1288
Merit: 1080
November 23, 2012, 03:32:51 PM
#3
It takes about 15 minutes for a roundtrip to Mars.

So what?

The very point of bitcoin is to be able to overcome synchronization delays due to network latency.

full member
Activity: 193
Merit: 100
November 23, 2012, 02:58:23 PM
#2
Bitcoin won't work between planets, the latency is too big.
It takes about 15 minutes for a roundtrip to Mars.
sr. member
Activity: 300
Merit: 250
BitcoinStarter.com Support Account
November 23, 2012, 02:51:18 PM
#1
It occurred to me after reading this article: http://www.space.com/18596-mars-colony-spacex-elon-musk.html   where Bitcoin is going to shine in the next 25-100 + years is exchange of currency between planets.  I can see on Mars where someone wants to make a transfer they could between Earth and Mars.  I just thought it was a cool to think about.

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