Topic: Mars One: Bitcoins in space? - page 2. (Read 2123 times)
At the risk of going off topic, I recommend Kim Stanley Robinson's Mars trilogy, as it has quite original ideas about many things related to the colonization of space, including economics and currency.
My first post on the noob forum jokingly talked about the problem of the blockchain on Mars and beyond if bitcoin is still around 200 years from now. As soon as the blockchain is divided into bitcoin-Mars, bitcoin-Europa, etc, things is going to be a mess...
Some says quantum entanglement would be a solution for every future form of data communications from any two points in the universe without the limitation of the speed of light. Not only that but when Alice Data is locked with Bob Data through this weird, bizarre concept, Carol from NSA CANNOT intercept the Data.
Of course this is still science fiction, but the concept already was proved and worked in the lab as far as Data teleportation.
http://youtu.be/3nq6y9P1_yM
Some says quantum entanglement would be a solution for every future form of data communications from any two points in the universe without the limitation of the speed of light. Not only that but when Alice Data is locked with Bob Data through this weird, bizarre concept, Carol from NSA CANNOT intercept the Data.
Of course this is still science fiction, but the concept already was proved and worked in the lab as far as Data teleportation.
http://youtu.be/3nq6y9P1_yM
The Mars One project is looking to build a community on Mars in 2023. Presumably the people of Mars would not be governed by a country on Earth and as the community thrives they will need their own currency as a medium of exchange. Since Bitcoin is also not backed by governments of any country then surely this is the obvious choice of currency for the people of Mars.
http://www.bbc.co.uk/news/science-environment-22146456
http://www.bbc.co.uk/news/science-environment-22146456
Mar One project is so crazy that i love it. I doubt it will turn into something other than a huge database of crazy geeks. Still, i love it.
Let's play:
I imagine an early mars community to be strongly governed by the mission organizers in a corporativist/dictatorship style. In any case, when i learned about bitcoin i thought, "ey, these are the famous credits i've seen used on every scifi book". A non physical currency should prevail in out of Earth colonies, where storage space and material resources will be scarce while not energy.
Depending on orbit, 4-20 minutes/light is the distance between Earth and Mars, that's pretty laggy. We shall need to create something like the "Solar System Monetary Network" that operates in huge timelapses. Pluto to Earth is 320 minutes/light, so we might need something that can handle that for the "Last Frontier Space Station" orbiting Pluto. Then the SSMN could be used to link the different currencies, so say, a Marscoin could be send to the Plutocoin system while the Marscoin network remains fast and local.
Civil war on Mars, you saw it here first lol.
The Mars One project is looking to build a community on Mars in 2023. Presumably the people of Mars would not be governed by a country on Earth and as the community thrives they will need their own currency as a medium of exchange. Since Bitcoin is also not backed by governments of any country then surely this is the obvious choice of currency for the people of Mars.
http://www.bbc.co.uk/news/science-environment-22146456
http://www.bbc.co.uk/news/science-environment-22146456
Mar One project is so crazy that i love it. I doubt it will turn into something other than a huge database of crazy geeks. Still, i love it.
Let's play:
I imagine an early mars community to be strongly governed by the mission organizers in a corporativist/dictatorship style. In any case, when i learned about bitcoin i thought, "ey, these are the famous credits i've seen used on every scifi book". A non physical currency should prevail in out of Earth colonies, where storage space and material resources will be scarce while not energy.
Depending on orbit, 4-20 minutes/light is the distance between Earth and Mars, that's pretty laggy. We shall need to create something like the "Solar System Monetary Network" that operates in huge timelapses. Pluto to Earth is 320 minutes/light, so we might need something that can handle that for the "Last Frontier Space Station" orbiting Pluto. Then the SSMN could be used to link the different currencies, so say, a Marscoin could be send to the Plutocoin system while the Marscoin network remains fast and local.
The people on Mars started using bitcoin long time ago. The are the early adopters.
The Mars One project is looking to build a community on Mars in 2023. Presumably the people of Mars would not be governed by a country on Earth and as the community thrives they will need their own currency as a medium of exchange. Since Bitcoin is also not backed by governments of any country then surely this is the obvious choice of currency for the people of Mars.
http://www.bbc.co.uk/news/science-environment-22146456
http://www.bbc.co.uk/news/science-environment-22146456
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