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Topic: Bitcoin can be use by future Mars Inhabitants? (Read 5178 times)

member
Activity: 84
Merit: 10
Theymos, unban my account.
They would need to have enough computers around to keep things secure. Perhaps they'll have a different blockchain.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
with radio wave it's possible to have internet beyond earth i think, radio waves can propagate very far away in the universe

http://motherboard.vice.com/read/anonymous-new-walkie-talkies-use-radio-waves-to-access-the-internet
hero member
Activity: 588
Merit: 500
You guys forget that when Mars gets colonized Bitcoin and all it's technology is prehistoric.

I guess it's possible but really I think it's unlikely.

Consider that SpaceX was created for the sole purpose of reaching mars so that Elon Musk could be buried there. Reaching mars is the first step in colonizing it, and if any company would ever do something like that - it would certainly be SpaceX.  Along with that, it would be fairly quick since they are working at a rapid pace towards space domination.

However, even if it takes 200 years to reach space - we will just more likely be using Bitcoin as our main currency by that point.  USD has been used for close to 200 years now, as well as other world currencies, so I think it's still possible and even likely we would be using Bitcoin. 

It may even be a vastly improved version of bitcoin, but since Bitcoin is a software and not a physical item, it can become something entirely different but we can still call it Bitcoin, and it will still be Bitcoin.

#ToTheMars!

There will be digital currency in an planetary financial system. Most of the goods, if not all, would be digital. But, given that we have 3d printers now they could easily be physical.  There is still the question as to the speed - for all currencies. Maybe 22 light minutes is not a big problem or by then there is a trick to speed it up.

Easily doesn't translate to reasonable though, why would you spend the resources to print out a currency that is easier to use by leaving it in digital form? Maybe some backup hardware wallets could be printed or something like that - but I don't see why you would do something that takes such a large step backwards in progress.
I would disagree that currency is always easier to use in digital form. I would also doubt that the internet would be high on the priority list of a potential mars colony so there would be no way of spending/using bitcoin at first. You also have the issue of the fact that it would be very easy to double spend an input if you were to work with someone on earth to spend the same imputs.

Disagree on the internet is not important when colonizing another planet.

Communication is the first priority on just about anything to coordinate tasks and jobs.
You don't need the internet to communicate like this. People were able to do this without the help of the internet for centuries. Any internet that would be setup on mars would likely be limited to very few tasks and would likely not be able to handle unlimited applications as it does today. 
newbie
Activity: 28
Merit: 0
Without internet the colonization would be much slower, how could humans access all the knowledge data they need?
full member
Activity: 231
Merit: 100
You guys forget that when Mars gets colonized Bitcoin and all it's technology is prehistoric.

I guess it's possible but really I think it's unlikely.

Consider that SpaceX was created for the sole purpose of reaching mars so that Elon Musk could be buried there. Reaching mars is the first step in colonizing it, and if any company would ever do something like that - it would certainly be SpaceX.  Along with that, it would be fairly quick since they are working at a rapid pace towards space domination.

However, even if it takes 200 years to reach space - we will just more likely be using Bitcoin as our main currency by that point.  USD has been used for close to 200 years now, as well as other world currencies, so I think it's still possible and even likely we would be using Bitcoin.  

It may even be a vastly improved version of bitcoin, but since Bitcoin is a software and not a physical item, it can become something entirely different but we can still call it Bitcoin, and it will still be Bitcoin.

#ToTheMars!

There will be digital currency in an planetary financial system. Most of the goods, if not all, would be digital. But, given that we have 3d printers now they could easily be physical.  There is still the question as to the speed - for all currencies. Maybe 22 light minutes is not a big problem or by then there is a trick to speed it up.

Easily doesn't translate to reasonable though, why would you spend the resources to print out a currency that is easier to use by leaving it in digital form? Maybe some backup hardware wallets could be printed or something like that - but I don't see why you would do something that takes such a large step backwards in progress.
I would disagree that currency is always easier to use in digital form. I would also doubt that the internet would be high on the priority list of a potential mars colony so there would be no way of spending/using bitcoin at first. You also have the issue of the fact that it would be very easy to double spend an input if you were to work with someone on earth to spend the same imputs.

Disagree on the internet is not important when colonizing another planet.

Communication is the first priority on just about anything to coordinate tasks and jobs.

hero member
Activity: 588
Merit: 500
You guys forget that when Mars gets colonized Bitcoin and all it's technology is prehistoric.

I guess it's possible but really I think it's unlikely.

Consider that SpaceX was created for the sole purpose of reaching mars so that Elon Musk could be buried there. Reaching mars is the first step in colonizing it, and if any company would ever do something like that - it would certainly be SpaceX.  Along with that, it would be fairly quick since they are working at a rapid pace towards space domination.

However, even if it takes 200 years to reach space - we will just more likely be using Bitcoin as our main currency by that point.  USD has been used for close to 200 years now, as well as other world currencies, so I think it's still possible and even likely we would be using Bitcoin. 

It may even be a vastly improved version of bitcoin, but since Bitcoin is a software and not a physical item, it can become something entirely different but we can still call it Bitcoin, and it will still be Bitcoin.

#ToTheMars!

There will be digital currency in an planetary financial system. Most of the goods, if not all, would be digital. But, given that we have 3d printers now they could easily be physical.  There is still the question as to the speed - for all currencies. Maybe 22 light minutes is not a big problem or by then there is a trick to speed it up.

Easily doesn't translate to reasonable though, why would you spend the resources to print out a currency that is easier to use by leaving it in digital form? Maybe some backup hardware wallets could be printed or something like that - but I don't see why you would do something that takes such a large step backwards in progress.
I would disagree that currency is always easier to use in digital form. I would also doubt that the internet would be high on the priority list of a potential mars colony so there would be no way of spending/using bitcoin at first. You also have the issue of the fact that it would be very easy to double spend an input if you were to work with someone on earth to spend the same imputs.
sr. member
Activity: 280
Merit: 250
time
Future? Any fool should know by now we've been on Mars for decades.

Few people go to space and even fewer return.

It wasn't difficult to control human knowledge on space technology advancements.
legendary
Activity: 1456
Merit: 1018
HoneybadgerOfMoney.com Weed4bitcoin.com
feck mars dey took errr jaabs. 

 Angry

member
Activity: 76
Merit: 10
no, there's no internet on Mars  Cheesy
member
Activity: 89
Merit: 10
Mars will be more digitalized/machine based. So high chances crypto like btc will be used.
member
Activity: 92
Merit: 10
Mars? That's too much, we haven't even reached there. I think at mars 1 btc= 1 million dollars Smiley

Every person of this forum will be millionaire then..
member
Activity: 61
Merit: 10
Aren't you taking it too far? Bitcoin will be history by the time we reach Mars Smiley

Some other currency might take over BTC
full member
Activity: 178
Merit: 100
If there is life on another planet then perhaps they have a better financial system that wins it from Bitcoin. Our computers would be incompatible anyways.
sr. member
Activity: 476
Merit: 250
You guys forget that when Mars gets colonized Bitcoin and all it's technology is prehistoric.

I guess it's possible but really I think it's unlikely.

Consider that SpaceX was created for the sole purpose of reaching mars so that Elon Musk could be buried there. Reaching mars is the first step in colonizing it, and if any company would ever do something like that - it would certainly be SpaceX.  Along with that, it would be fairly quick since they are working at a rapid pace towards space domination.

However, even if it takes 200 years to reach space - we will just more likely be using Bitcoin as our main currency by that point.  USD has been used for close to 200 years now, as well as other world currencies, so I think it's still possible and even likely we would be using Bitcoin.  

It may even be a vastly improved version of bitcoin, but since Bitcoin is a software and not a physical item, it can become something entirely different but we can still call it Bitcoin, and it will still be Bitcoin.

#ToTheMars!

There will be digital currency in an planetary financial system. Most of the goods, if not all, would be digital. But, given that we have 3d printers now they could easily be physical.  There is still the question as to the speed - for all currencies. Maybe 22 light minutes is not a big problem or by then there is a trick to speed it up.

Easily doesn't translate to reasonable though, why would you spend the resources to print out a currency that is easier to use by leaving it in digital form? Maybe some backup hardware wallets could be printed or something like that - but I don't see why you would do something that takes such a large step backwards in progress.
The vast majority of fiat financial transactions are done digitally as opposed to the actual movement of paper money. Even though there is paper money to back up financial transactions the paper money does not actually "move" but the "ownership" simply gets changed. A similar system would likely be in place for interplanetary financial transactions.
newbie
Activity: 16
Merit: 0
Not suitable. Earth is too far away from Mars. Information would take too long to go from one place to the other.
hero member
Activity: 644
Merit: 500
P2P The Planet!
By that time there won't be money, it would be a resource based economy.
member
Activity: 70
Merit: 10
I think they will not have time to worry about going shopping with BTC up in here.
newbie
Activity: 28
Merit: 0
Smelling some kind of adventure "Mars needs bitcoin" !!! Nothing is impossible !! it's only matter of how fast our communication system between earth and mars are developed..
member
Activity: 84
Merit: 10
You guys forget that when Mars gets colonized Bitcoin and all it's technology is prehistoric.

I guess it's possible but really I think it's unlikely.

Consider that SpaceX was created for the sole purpose of reaching mars so that Elon Musk could be buried there. Reaching mars is the first step in colonizing it, and if any company would ever do something like that - it would certainly be SpaceX.  Along with that, it would be fairly quick since they are working at a rapid pace towards space domination.

However, even if it takes 200 years to reach space - we will just more likely be using Bitcoin as our main currency by that point.  USD has been used for close to 200 years now, as well as other world currencies, so I think it's still possible and even likely we would be using Bitcoin.  

It may even be a vastly improved version of bitcoin, but since Bitcoin is a software and not a physical item, it can become something entirely different but we can still call it Bitcoin, and it will still be Bitcoin.

#ToTheMars!

There will be digital currency in an planetary financial system. Most of the goods, if not all, would be digital. But, given that we have 3d printers now they could easily be physical.  There is still the question as to the speed - for all currencies. Maybe 22 light minutes is not a big problem or by then there is a trick to speed it up.

Easily doesn't translate to reasonable though, why would you spend the resources to print out a currency that is easier to use by leaving it in digital form? Maybe some backup hardware wallets could be printed or something like that - but I don't see why you would do something that takes such a large step backwards in progress.
legendary
Activity: 3374
Merit: 1824
You guys forget that when Mars gets colonized Bitcoin and all it's technology is prehistoric.

I guess it's possible but really I think it's unlikely.

Consider that SpaceX was created for the sole purpose of reaching mars so that Elon Musk could be buried there. Reaching mars is the first step in colonizing it, and if any company would ever do something like that - it would certainly be SpaceX.  Along with that, it would be fairly quick since they are working at a rapid pace towards space domination.

However, even if it takes 200 years to reach space - we will just more likely be using Bitcoin as our main currency by that point.  USD has been used for close to 200 years now, as well as other world currencies, so I think it's still possible and even likely we would be using Bitcoin. 

It may even be a vastly improved version of bitcoin, but since Bitcoin is a software and not a physical item, it can become something entirely different but we can still call it Bitcoin, and it will still be Bitcoin.

#ToTheMars!

Very good points.
World around us changing so quickly that it's also possible that in 100 years Bitcoin will be outdated, ancient history, replaced with something else, modern and newest technology.
We may even modify Internet and have something complete different in 100 years, who know?
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