It makes sense that someone would rather use some Crypto currency in space than physical money. The Bureau of Engraving and Printing produces 38 million notes a day with a face value of approximately $541 million. That doesn't mean there is $541 million more money circulating today than there was yesterday, though, because 95% of the notes printed each year are used to replace notes already in circulation.
Imagine having a whole space colony in space and having to courier replacement currency or to even manufacture that on Mars?
Topic: Bitcoin to the space (Read 1209 times)
NASA is developing a strategic plan to send humans to Mars.Bitcoin friendly companies like the SpaceX and Virgin Galactic lead the space industry.Founder of these companies has announced that space tourists will be able to pay for their tours in bitcoins.Isnt it a great recognition to bitcoin in the whole universe?
Please click the below links for more details.http://www.space.com/23732-virgin-galactic-bitcoin-spaceflight-payments.html
http://business.time.com/2013/11/22/you-can-now-pay-for-your-rocket-trip-to-space-using-fake-money/
https://www.virgin.com/richard-branson/bitcoins-in-space
https://www.wired.com/2013/11/virgin_gallactic/
https://motherboard.vice.com/en_us/article/the-winklevoss-twins-are-using-their-bitcoins-to-go-to-space
Thanks for the links!
It is great to consider to use bitcoin as a payment for space tours, bitcoin and the companies who will accept bitcoin as a payment will still have time to develop a better system for this to work properly and avoid security breaches to protect the clients.
Is this true, you could have added a link atleast so it will help users read the details and more get more information. Going into space is one dream all would like to fulfil once in their lifetime. I really would not mind spending all my money in Bitcoin if I get a chance to go to space. So how much do you think I will need to make sure I can go into space. And how will they fix a price what if btc breaks or rises then what will they consider. I wish the Op throws some information. And I am sure Bitcoin will get more recognition if this does happen.
Yup you're right. The problem in informations age is that we are flooding in information but don't know where to find the truth. There are ssssooo many many links, articles, blogs, personal write up about Bitcoin but we still don't know if this is real. A legit and recognizable site will do ( national geographic or NASA ). Many people are dreaming to go to space, to see the earth like we see the moon from the ground. I don't know the truth if they are really accepting Bitcoin as a payment but only few companies are accepting it in the Earth's surface, and space agencies are accepting it? ( This makes me wonder.) I think there's a chance because this companies are governed by intelligent individuals ( mathematicians, scientist, engineers ) and if they do understand the potential that Bitcoin brings they will give BTC a shot to prove this and if this big companies are satisfied on BTC as a payment, this will be a spark that will lead to a brighter future of bitcoins.(cryptocurrencies )
Look at India - no exchange in India. Same can be said of Pakistan, Bangladesh, GCC, Indonesia, Philippines, Thailand (though there are a few players in Thailand who are selling Bitcoins), North Africa, etc. There is a very large population that simply does not have access to buying bitcoins. Since they cannot buy it - they cannot trade with it. This will be changing in the coming months/years.
I would like to differ in that part because there are a couple of exchanges in India which is in existence for more than three years namely unocoin and coinsecure and then there is Zebpay and btcxindia and there are some new exchanges as well,i am not sure about exchanges in other countries you stated above but i am sure that is not the case with India.
That is indeed great new as this will give bitcoin more exposure and people will be more curious what it is. However, the main problem with it is that the service that accepts bitcoins is not really that well looked at. There would only be a few people looking at this service and for sure they will not even bother knowing about bitcoins, thus limiting its exposure.
"Able" is a big word because what it means is Biycoin is only an option for its payment. Don't get me wrong I know it is good that Bitcoin can go as far as a payment option if you will go on a space tour. But I think it will get more recognition if they will only accept Bitcoin and no other payments except for Bitcoin. With that we all know that they are serious on promoting Bitcoin as a form of currency.
NASA is developing a strategic plan to send humans to Mars.Bitcoin friendly companies like the SpaceX and Virgin Galactic lead the space industry.Founder of these companies has announced that space tourists will be able to pay for their tours in bitcoins.Isnt it a great recognition to bitcoin in the whole universe?
It is good ideas developing bitcoin become payment method for tour on space, if it can be embodiedbitcoin will become more famous to rich people,
so bitcoin doesn't be used for payment method online shops, but it be used for vacation on space too,
after city of bitcoin tour use bitcoin as payment method become good ideas for growing of bitcoin.
If this is so then literally, bitcoin is going to the moon and space. We all know that the payment for this will be very expensive and only the elite can afford it using bitcoin. If bitcoin will be going to use as payment method, then I think a lot of those who want to travel will buy bitcoin and the price of bitcoin will sore to new heights in the coming years.
the users/people can buy bitcoin depend on how much their money
because bitcoin can be bought with small amount of bitcoin and it is good for growing of bitcoin
so all of people can participate buy/sell bitcoin.
NASA is developing a strategic plan to send humans to Mars.Bitcoin friendly companies like the SpaceX and Virgin Galactic lead the space industry.Founder of these companies has announced that space tourists will be able to pay for their tours in bitcoins.Isnt it a great recognition to bitcoin in the whole universe?
I will say that is really a good one to start with that if the world will not accept u, then we can take our campaign to the space where we can start with the fundamentals with bitcoin. However, I still maintain that all this will need to have the input of government as the way government works, the fact that you own the money does not makes you call the shot. Hopefully there will be laxity in the achievement of this objective...
NASA is developing a strategic plan to send humans to Mars.Bitcoin friendly companies like the SpaceX and Virgin Galactic lead the space industry.Founder of these companies has announced that space tourists will be able to pay for their tours in bitcoins.Isnt it a great recognition to bitcoin in the whole universe?
It is good ideas developing bitcoin become payment method for tour on space, if it can be embodiedbitcoin will become more famous to rich people,
so bitcoin doesn't be used for payment method online shops, but it be used for vacation on space too,
after city of bitcoin tour use bitcoin as payment method become good ideas for growing of bitcoin.
If this is so then literally, bitcoin is going to the moon and space. We all know that the payment for this will be very expensive and only the elite can afford it using bitcoin. If bitcoin will be going to use as payment method, then I think a lot of those who want to travel will buy bitcoin and the price of bitcoin will sore to new heights in the coming years.
NASA is developing a strategic plan to send humans to Mars.Bitcoin friendly companies like the SpaceX and Virgin Galactic lead the space industry.Founder of these companies has announced that space tourists will be able to pay for their tours in bitcoins.Isnt it a great recognition to bitcoin in the whole universe?
It is good ideas developing bitcoin become payment method for tour on space, if it can be embodiedbitcoin will become more famous to rich people,
so bitcoin doesn't be used for payment method online shops, but it be used for vacation on space too,
after city of bitcoin tour use bitcoin as payment method become good ideas for growing of bitcoin.
If that would be true to space tourist pay for their trips in bitcoins that would be in all news. Even now there are not so many attention to bitcoin on news.
Founder of these companies has announced that space tourists will be able to pay for their tours in bitcoins.Isnt it a great recognition to bitcoin in the whole universe?
Do you have source to this? haven't heard about them accepting bitcoin for prebooking tours to space before. However this is really good for bitcoin adoption, if it is true.
I have read that article for about 5 days ago and yes it is true. Below is the direct link to that story:
https://news.bitcoin.com/do-you-think-theyll-use-the-us-dollar-on-mars/
This is an interesting idea. However, the protocol may need to modify slightly to take into consideration of the delays in communication due to the long distance.
For example, Earth-Moon communication delay via radiowave is 1.3 seconds; Earth-Mars is 3 to 21 minutes (depending on the distance); Earth-Pluto is about 5 hours... some of these delays are longer than 1 (or many) confirmation time. This may result in serious issues in maintaining the syncronised chain and double-spending problems.
I think that payment in bitcoin is being accepted for the trip but I don't think, in case this is true, that you will pay with bitcoin during the trip. For example, Earth-Moon communication delay via radiowave is 1.3 seconds; Earth-Mars is 3 to 21 minutes (depending on the distance); Earth-Pluto is about 5 hours... some of these delays are longer than 1 (or many) confirmation time. This may result in serious issues in maintaining the syncronised chain and double-spending problems.
NASA is developing a strategic plan to send humans to Mars.Bitcoin friendly companies like the SpaceX and Virgin Galactic lead the space industry.Founder of these companies has announced that space tourists will be able to pay for their tours in bitcoins.Isnt it a great recognition to bitcoin in the whole universe?
Is that really possible to make ? i mean, i can't really imagine if NASA has a plan to send humans going to Mars for bitcoin but it was just my opinion though, well i have no idea about that. But if some of it given the chance to make then why not? great opportunity and an honor to make that kind of things. For sure, many people would love to try to go to Mars and paid by bitcoins
NASA is developing a strategic plan to send humans to Mars.Bitcoin friendly companies like the SpaceX and Virgin Galactic lead the space industry.Founder of these companies has announced that space tourists will be able to pay for their tours in bitcoins.Isnt it a great recognition to bitcoin in the whole universe?
Please click the below links for more details.http://www.space.com/23732-virgin-galactic-bitcoin-spaceflight-payments.html
http://business.time.com/2013/11/22/you-can-now-pay-for-your-rocket-trip-to-space-using-fake-money/
https://www.virgin.com/richard-branson/bitcoins-in-space
https://www.wired.com/2013/11/virgin_gallactic/
https://motherboard.vice.com/en_us/article/the-winklevoss-twins-are-using-their-bitcoins-to-go-to-space
Is this true? I have never read anything before about such things; even, tours of outer space are still a thing that has not happened, it's just a project being developed, I do not think They offer payment methods before the end of the design project. Any corporation that offers payment after the completion of the project, they only give the estimated amount. So, we need a reliable link to learn it. Please give us, we do not want to hear anything that you made up.
Is this true ? If yes this is a good news, those rich people who want to travel to Mars would certainly agree with this idea. because bitcoin payments is very easy for large value transactions.
This is an interesting idea. However, the protocol may need to modify slightly to take into consideration of the delays in communication due to the long distance.
For example, Earth-Moon communication delay via radiowave is 1.3 seconds; Earth-Mars is 3 to 21 minutes (depending on the distance); Earth-Pluto is about 5 hours... some of these delays are longer than 1 (or many) confirmation time. This may result in serious issues in maintaining the syncronised chain and double-spending problems.
For example, Earth-Moon communication delay via radiowave is 1.3 seconds; Earth-Mars is 3 to 21 minutes (depending on the distance); Earth-Pluto is about 5 hours... some of these delays are longer than 1 (or many) confirmation time. This may result in serious issues in maintaining the syncronised chain and double-spending problems.
Eventually, the expansion of space time would separate bitcoin into different uncontactable networks. If you haven't realised what the big crunch looks like yet, you could take the view that one hell of a massive chain reorganisation could eventually take place.
Is this true, you could have added a link atleast so it will help users read the details and more get more information. Going into space is one dream all would like to fulfil once in their lifetime. I really would not mind spending all my money in Bitcoin if I get a chance to go to space. So how much do you think I will need to make sure I can go into space. And how will they fix a price what if btc breaks or rises then what will they consider. I wish the Op throws some information. And I am sure Bitcoin will get more recognition if this does happen.
This is an interesting idea. However, the protocol may need to modify slightly to take into consideration of the delays in communication due to the long distance.
For example, Earth-Moon communication delay via radiowave is 1.3 seconds; Earth-Mars is 3 to 21 minutes (depending on the distance); Earth-Pluto is about 5 hours... some of these delays are longer than 1 (or many) confirmation time. This may result in serious issues in maintaining the syncronised chain and double-spending problems.
For example, Earth-Moon communication delay via radiowave is 1.3 seconds; Earth-Mars is 3 to 21 minutes (depending on the distance); Earth-Pluto is about 5 hours... some of these delays are longer than 1 (or many) confirmation time. This may result in serious issues in maintaining the syncronised chain and double-spending problems.
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