What currency shall human use when colonizing Mars - page 3.

Crypto Girl

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Quote from: Haunebu on April 24, 2019, 02:52:55 AM

Forget Mars. We need to focus on making our planet a better place to live in by improving energy efficiency etc.

Ironically, people spending million dollars on studying Mars like if it can really support a life when in fact we can still somehow save the Earth. Just spend those million dollars in rehabilitating the environment and we wouldn't be needing to colonize the Mars. Sorry for the rant and seems like I'm a killjoy. 😂

Either don't care what Elon Musk had said btw.

Sithara007

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Quote from: EdenHazard on April 30, 2019, 12:19:14 AM

Living on mars just an imagination IMO. Earth just one plannet that can be lived by human, if earth already destroyed maybe there is no human who live in this world. Just expect cryptocurrency can be use by people on earth now, there are many chance to do it. Regulation just for a momment, government will look cryptocurrency as alternative payment system because it will help them.

You have a valid point. Why should anyone try to settle there? We have enough space on earth and now the human population growth is also slowing down. It is extremely expensive to create human settlements in Mars, as it doesn't have enough oxygen in the atmosphere or Ozone layer to protect the inhabitants from harmful solar radiation. Mars can be used as a temporary outstation, from where research activity and space-launches can be conducted. But creating permanent human settlements doesn't make any sense.

Irvinn

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Quote from: EdenHazard on April 30, 2019, 12:19:14 AM

Living on mars just an imagination IMO. Earth just one plannet that can be lived by human, if earth already destroyed maybe there is no human who live in this world. Just expect cryptocurrency can be use by people on earth now, there are many chance to do it. Regulation just for a momment, government will look cryptocurrency as alternative payment system because it will help them.

Life on Mars is far from fantasy. According to human physiology, the planet Mars is better suited for us than the planet Earth. Gravity is a bit less there, but it is better suited for us than earth gravity. With age, almost all people have back problems. On Mars, this problem should not be, in any case, on such a huge scale. From 2026, the real colonization of Mars will begin, which should be completed in about twenty years.
As for the currency on Mars, it is still too early to talk about it. In any case, it will not be a cryptocurrency.

EdenHazard

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Living on mars just an imagination IMO. Earth just one plannet that can be lived by human, if earth already destroyed maybe there is no human who live in this world. Just expect cryptocurrency can be use by people on earth now, there are many chance to do it. Regulation just for a momment, government will look cryptocurrency as alternative payment system because it will help them.

Thanasis

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Quote from: jinc on April 24, 2019, 01:44:55 AM

The first black hole picture reminds me Elon Musk's quote

Quote

Mars should really have great bars.

It made me wonder what currency shall we use in that bar on Mars. Will it be fiat or cryptocurrency? Will there be a heated fight whether the bar tender shall accept USD or RMB? Is there an ATM for converting AUD to BTC?

Full article is https://support.jinance.com.au/hc/en-us/articles/360000906595-What-currency-shall-human-use-when-colonizing-Mars

Try to make a currency free world at least on mars. Cheesy

IMO,it will be fiat currency as well if human can colonize the mars planet in 10 years or sooner,if that happens after than then there will be chance of cryptos to take its place.

tongtong_zz

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Interesting question. I think human will create another alternative currency which maybe different from existing currencies

kaya11

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Quote from: Haunebu on April 24, 2019, 02:52:55 AM

Quote from: hugeblack on April 24, 2019, 02:46:25 AM

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I'm not joking. There is already a currency with that name that was designed to be used in Mars.

Lol. Seriously? This is just a dream basically at present which is why thinking about the currency that they are planning on using is pointless. Even if they choose a currency, why in the world would they choose crypto which many governments don't support on Earth itself?

Forget Mars. We need to focus on making our planet a better place to live in by improving energy efficiency etc.

Nailed it! Let's just leave Mars as healthy as it is now and we should avoid contaminating it with what virus we already have(human greed). If our planet is cleansed one day, we won't be bothering going out there. This is a beautiful world to live in only if we change for good.

upsidedown75

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Quote from: wuvdoll on April 25, 2019, 12:30:45 AM

I can't really believe anyone would be talking about life on Mars, when you haven't made the Earth you're living in a better place. There are lots of things that has to be done and no one is talking about Mars right now, this one is just a fairy tale because it is not going to happen anytime soon.

Yes, there is every possibility that people will be visiting Mars, but not for them to live there. I just don't believe all those wack stories that people wants to go and live in Mars. No one has that time and money, except maybe rich men that would like to be visiting there by any cost and for them bitcoin or other cryptos will not be a big concern. If Mars will be raised by a government which believes into decentralization then we may expect bitcoin to be a currency there.

Probably he is beginning to picture how much he will be worth when the bull run comes and his investment would be too much for the earth to hold that he has to transfer some to the Mar, he is just trying to seek opinions, lol.

We are still working so hard to create the airiness necessary on earth to get full adoption which we are yet to even achieve 5% of it, and now he wants us to focus on Mars, there are so many point to be discussed about cryptocurrency as regards the adoption of the currency on earth and other planets function should not be our concern, the earth is what God has created for men, let the aliens in Mars look for a solution to theirs if they exist as people claim.

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Quote from: Crypdon on April 25, 2019, 01:54:40 AM

I'm sure that the people living in mars will be homesick eventually and start to trade in memorabilia items. They might even use US dollars just to remind them of earth

US Dollar can be used in Mars, as long as physical cash is the format. I don't think that we'll be able to use online modes such as Paypal and Visa anytime soon due to data transfer issues. That said, there is a strong chance that any upcoming colonies in Mars will be much tempted to print their own currency rather than depending on the currencies that are being used here. Gold is another asset that can be used as cash.

Argoo

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Quote from: Cacingkemi on April 25, 2019, 10:19:33 AM

I think cryptocurrencies are suitable for use on Mars, digital currencies will not be burned by water or damaged. I wonder why want explore to the Mars while we on earth are good and beautiful enough, IMO the earth is very perfect Wink

.

Do not forget that in order for Mars to have a cryptocurrency, there must at least be the Internet. For this you need to launch artificial satellites. I do not think that this will be the primary task for the colonialists of Mars in the period of the struggle for their survival on an alien planet. While it is difficult to say what kind of money will be there, however, it will not be a cryptocurrency and they will appear there in the later stages of the exploration of Mars.

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Quote from: Indamuck on April 25, 2019, 09:53:17 AM

It will be like Star Trek and there will be no currency, this is so far in the future though, we will have automation and resources we can't even dream of.

The Star Trek model is based on "infinite energy" by the matter/antimatter power generation that made the "replicators" possible. If this is ever attainable, it will be centuries away.

It is also hierarchy military based, so I'm not sure how well it could last. Certainly the part of being contacted by alien civilizations played a role there.

In reality i doubt we will ever be contacted for various reasons but if that ever occurred anything we say here changes.

To reach that level, we would need to spend enormous amounts in research and resources. Not before we treat our solar system like our playground, so called "Level II" on the Kardashev scale.

For starters, the minuscule LHC is unsuitable. We need planet orbit sized particle accelerators... We are going to have Mars inhabited and probably terraformed already before we manage to build one of these, and its corresponding dyson ring or whatever is needed to power it.

Cacingkemi

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I think cryptocurrencies are suitable for use on Mars, digital currencies will not be burned by water or damaged. I wonder why want explore to the Mars while we on earth are good and beautiful enough, IMO the earth is very perfect Wink

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Indamuck

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It will be like Star Trek and there will be no currency, this is so far in the future though, we will have automation and resources we can't even dream of.

iv4n

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I'm afraid it's going to be USD again. The reason is the US is the country who invest the most in Mars's exploration and I gusee the US dollar is going to be the first currency used on Mars.
Meanwhile I do not except that in some time there will be made a deal in use of some special currency. Let's call it Mars coin. I believe it's going to be made on base of bitcoin and will have digital form.

CoinEraser

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Before you need a currency on mars, many other problems have to be solved first. I think the first 50 or 100 years will not be necessary at all, because there will be hardly any raw materials and resources to buy or sell. Nevertheless, it would be good if there was only one currency on mars and all nations agreed on it. If it should be then sometime in distant future in such a way, I think however, it will be a cryptocurrency, since surely no one will begin to trade with old fiat money on the mars.

sana54210

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Before the colonization of Mars can become a reality, that is if it will see the light of the day, Bitcoin would have eaten deep into the soul of every human being like a cancer worm and the only digital payment that will be widely used then will be cryptocurrency.

So, absolutely it is going to be cryptocurrency idea that will be transferred by the people that desires to live in the Mars since they are tired of the earth, because I don’t see reason why the Mars should be colonized and I can see that you like listening to all these fantasies a lot. Kindly wake up from the dream, it will never happen.

rizkyhiw

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Quote from: jinc on April 24, 2019, 01:44:55 AM

The first black hole picture reminds me Elon Musk's quote

Quote

Mars should really have great bars.

It made me wonder what currency shall we use in that bar on Mars. Will it be fiat or cryptocurrency? Will there be a heated fight whether the bar tender shall accept USD or RMB? Is there an ATM for converting AUD to BTC?

Full article is https://support.jinance.com.au/hc/en-us/articles/360000906595-What-currency-shall-human-use-when-colonizing-Mars

For now this might be the first time going to Mars. I think tifak money will be useful there or cryptocurrency and if it has repaired and digitized Mars for future cryptocurrency changes, it will be very suitable for that, do not get too far in thinking LOL of the future after the earth cannot stem the chaos created by humans themselves.

Crypdon

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I'm sure that the people living in mars will be homesick eventually and start to trade in memorabilia items. They might even use US dollars just to remind them of earth

nur rochid

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Quote from: Xising on April 25, 2019, 01:22:59 AM

Quote from: Beerwizzard on April 24, 2019, 02:49:18 AM

It seems like at the first stages of mars colonization people wouldn't have any currency simply because different exchange operations doesn't have #1 priority when you have to build a place where you can survive. They suppose to have enough supplies for that period.
Afterwards everything depends on how it would go, they may establish a new fiat currency or use a currency of a country that colonized mars. Cryptocurrencies are not an option in all cases.

Quote from: hugeblack on April 24, 2019, 02:46:25 AM

Marscoin Tongue

I'm not joking. There is already a currency with that name that was designed to be used in Mars.
Perhaps the use of paper money is difficult in space so it is more likely to be digital currencies. * not be cryptos because of centralization *

Quote from: http://www.marscoin.org/

Several attempts are underway to establish the first human colony on Mars. While technologically not impossible, funding for such a monumental project (estimated at 10-30 billion USD) is a major obstacle. If you share our dream of making that first giant step for mankind a reality, then we invite you to join us.

I do not think Mars has become a distant dream, let’s think further.

And this is a shitcoin.

I agree. I don't think that there is relevance with talking about currency in the colonizing Mars at its current stages since survival and a way of finding to thrive is the priority. Also, for all we know, the entity that would send the first humans to Mars are sponsored by one big company or many a join projects of several ones, if not, funded by one country in their belief that space race is the new ground that would prove their prowess in technology and overall wealth and economic strength to others. However, if there comes a time that Mars will have its own economy, I think they would first look on the more reliable and trusted options more than cryptocurrencies.

talking about currencies on Mars, of course there must be a colony first on that planet. now it may still be the research stage, and I think the development will be slower than crypto. therefore I agree, of course there will be more sophisticated currencies

Xising

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Quote from: Beerwizzard on April 24, 2019, 02:49:18 AM

It seems like at the first stages of mars colonization people wouldn't have any currency simply because different exchange operations doesn't have #1 priority when you have to build a place where you can survive. They suppose to have enough supplies for that period.
Afterwards everything depends on how it would go, they may establish a new fiat currency or use a currency of a country that colonized mars. Cryptocurrencies are not an option in all cases.

Quote from: hugeblack on April 24, 2019, 02:46:25 AM

Marscoin Tongue

I'm not joking. There is already a currency with that name that was designed to be used in Mars.
Perhaps the use of paper money is difficult in space so it is more likely to be digital currencies. * not be cryptos because of centralization *

Quote from: http://www.marscoin.org/

Several attempts are underway to establish the first human colony on Mars. While technologically not impossible, funding for such a monumental project (estimated at 10-30 billion USD) is a major obstacle. If you share our dream of making that first giant step for mankind a reality, then we invite you to join us.

I do not think Mars has become a distant dream, let’s think further.

And this is a shitcoin.

I agree. I don't think that there is relevance with talking about currency in the colonizing Mars at its current stages since survival and a way of finding to thrive is the priority. Also, for all we know, the entity that would send the first humans to Mars are sponsored by one big company or many a join projects of several ones, if not, funded by one country in their belief that space race is the new ground that would prove their prowess in technology and overall wealth and economic strength to others. However, if there comes a time that Mars will have its own economy, I think they would first look on the more reliable and trusted options more than cryptocurrencies.

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