Topic: Why don't we literally send Bitcoin to the moon? - page 2. (Read 898 times)
I think we are doing great with the goal of inviting and introducing people to bitcoin. Ads are enough and I think advertising through these rockets are too much. I would choose advertisements through the internet rather than the rocket one. Also, I don't think NASA would agree on this since as you said, they are not accepting that kinds of advertisements now.
Actually the concept of promoting bitcoin with space rocket advertising is very good, and the impact is very positive too. But the problem
the cost must be very large, and not yet the time of bitcoin promotion that way. Instead of doing space rocket advertising, better to do
promotions on television and sports stadiums. Cheaper than doing space rocket advertising.
the cost must be very large, and not yet the time of bitcoin promotion that way. Instead of doing space rocket advertising, better to do
promotions on television and sports stadiums. Cheaper than doing space rocket advertising.
One could advertise Bitcoin through a rocket but it comes with tons of cash needed. Although they only post their videos on their official website or just in Youtube.
Where you can just hire popular bloggers to create contents and post it to their high rank websites that could gain more attraction.
Where you can just hire popular bloggers to create contents and post it to their high rank websites that could gain more attraction.
And it's cheaper than sending a rocket with bitcoin logo planted in it. I'd rather spend that money on development instead.
The main purpose of the rocket launch will not be solely centered on bitcoin advertisement, it could be for space exploration and observation etc.
By the way,
I understood how people saw this idea as something unnecessary. As I said, these are fictitious but possible, though I believe, there are more efficient ways and strategies on how we can impart the positive idea of bitcoin to people. It starts with ourselves, as we learn and consider ways on how we can incorporate bitcoin into daily living. Soon, it still falls to the same goal which is to make bitcoin for everyone.
In terms of advertisement anything could be a tool just to visualize the subject, and this "fictitious" idea might happen in the future. However, If you're looking on to the practical side of this idea, It's indeed unnecessary for now, because we have a lot of tools in social media and internet which will be more effective and cost effecient than just mere visuals. Maybe if NASA will soon launch a rocket for space exploration, then that would be the perfect time to insert Bitcoin advertisement.
Nevertheless, the idea is good for bringing Bitcoin literally to the Moon, If not, into the space lol.
How much it cost for a rocket? We don't need to spend that much just to go for huge ads and been attracted by the community. In fact, we have that already, social ads are enough to catch attention because they will surely come and invest Bitcoin if they will trust this thing. We have already the ads, the popularity, what we needed now is sustainable market support and development.
Bitcoin has a better future than among the other cryptos. Having this potentiality will give hope that we can still be to the moon in the near future.
Bitcoin has a better future than among the other cryptos. Having this potentiality will give hope that we can still be to the moon in the near future.
Ehh. I don't really think we need that more advertising. Especially through a rocket? That's most likely going to fly from the United States? majority of the people have heard of Bitcoin already anyway. It's definitely not the best way to spend the money. I'd rather use that money to fund Lightning Labs[1] and Chaincode Labs[2] to be honest.
We need more development for better and easier adoption, not marketing.
[1] https://chaincode.com/
[2] https://lightning.engineering/
We need more development for better and easier adoption, not marketing.
[1] https://chaincode.com/
[2] https://lightning.engineering/
agree with you here! no need of very expensive advertisement as media/social media can do that job. instead focus on more important things that will drive BTC adoption among the masses
So who exactly is going to paying for the ads if anything happens like you dream, are you going to do that? There are already enough adverts; the ones you see on Facebook, Instagram and other social platforms is enough to promote Bitcoin. There are even more people that you can target on these social platforms such as Facebook, Twitter, than you will get from pasting a BTC logo on a space rocket. Like who even have the time to be watching space rockets? Okay there are people who does that, but you can’t compare the number of those watching it to the number of those on social media and happened to advertisements on daily basis.
Social media is like connecting to the world and that’s enough, unless your targets are aliens in outer space.
Social media is like connecting to the world and that’s enough, unless your targets are aliens in outer space.
Elon Musk admits the main reason he ventured into satellite internet involves him noticing profit margins of those businesses were larger than the profit margins of Space X. They're very skilled at adapting their business model to suit recognized opportunities. If there is a likelihood of spacecraft advertising being worthwhile, I'm certain they'll pursue it.
Elon Musk posted the below image on his twitter earlier this year, which could mean he's open to the idea.
The basic feasibility model for advertisement monetization is the number of eyes who see it. Youtube is said to payout around $50,000 for 5 million views. If 100,000 to 200,000 viewers watch every rocket launch, it may not amount to sufficient capital for them to consider it worthwhile for standard launches. Although I think that will definitely change in the future with larger scale missions that are more ambitious like future manned missions to mars or the moon.
Elon Musk posted the below image on his twitter earlier this year, which could mean he's open to the idea.
The basic feasibility model for advertisement monetization is the number of eyes who see it. Youtube is said to payout around $50,000 for 5 million views. If 100,000 to 200,000 viewers watch every rocket launch, it may not amount to sufficient capital for them to consider it worthwhile for standard launches. Although I think that will definitely change in the future with larger scale missions that are more ambitious like future manned missions to mars or the moon.
That idea might work though.
Hm people really believe in big things from the governments or from the big, truthful company like NASA. They might see a Bitcoin advertisement somewhere in their life like on a wall, on a website, or on a small piece of paper they give you at the intersection but those kinds of advertisements are not as truthful and convincing as those from the governments or NASA or something else. Maybe taking this idea into the real-life will convince a lot of people to buy Bitcoin and to believe in Bitcoin. I am looking forward to seeing an advertisement like this in the near future.
Hm people really believe in big things from the governments or from the big, truthful company like NASA. They might see a Bitcoin advertisement somewhere in their life like on a wall, on a website, or on a small piece of paper they give you at the intersection but those kinds of advertisements are not as truthful and convincing as those from the governments or NASA or something else. Maybe taking this idea into the real-life will convince a lot of people to buy Bitcoin and to believe in Bitcoin. I am looking forward to seeing an advertisement like this in the near future.
It's a good idea, but I don't think it will pay off
Also, who's going to fund that rocket anyway?
Why not Elon Musk? He could do it without a problem through his company, just someone needs to put a bug in his ear about this idea🚀
There are a lot of commercial rockets that carry satellites into orbit, there is no need or sense to fund a special rocket for just one such promotion. Although BTC did not technically arrive at the moon, it arrived at the International Space Station at the end of last year. Developers from SpaceChain send crypto wallet with Falcon 9 rocket, so even though many don’t know it, we’ve had active Bitcoin node on ISS.
Quote from: https://www.spaceitbridge.com/spacechain-sends-blockchain-hardware-to-international-space-station.htm
SpaceChain’s hardware was a part of around 5,700 pounds of supplies and experiments loaded aboard a SpaceX Dragon capsule undertaking its third trip to ISS. The CRS-19 mission successfully lifted off from Cape Canaveral Air Force Station at 12:29 p.m. ET on December 5 and is expected to birth with the station on December 8.
The blockchain hardware wallet will be installed as a hosted payload in Nanoracks’ commercial platform onboard the station. The ISS demonstration mission was made possible with support from Nanoracks and its Space Act agreement with NASA; it should be noted Nanoracks CEO Jeffery Manber is a “Core Space Advisor” to SpaceChain.
Once activated, the payload will demonstrate receipt, authorization, and retransmission of blockchain transactions, creating “multisig” transactions which require multiple signatures to complete, increasing the security of options. All data will be uplinked and downlinked directly through the Nanoracks’ commercial platform. Payload testing is expected to be completed by early 2020.
The blockchain hardware wallet will be installed as a hosted payload in Nanoracks’ commercial platform onboard the station. The ISS demonstration mission was made possible with support from Nanoracks and its Space Act agreement with NASA; it should be noted Nanoracks CEO Jeffery Manber is a “Core Space Advisor” to SpaceChain.
Once activated, the payload will demonstrate receipt, authorization, and retransmission of blockchain transactions, creating “multisig” transactions which require multiple signatures to complete, increasing the security of options. All data will be uplinked and downlinked directly through the Nanoracks’ commercial platform. Payload testing is expected to be completed by early 2020.
Is Elon Musk a real fan of Bitcoin ? not sure....
Also, who's going to fund that rocket anyway?
Why not Elon Musk? He could do it without a problem through his company, just someone needs to put a bug in his ear about this idea🚀
There are a lot of commercial rockets that carry satellites into orbit, there is no need or sense to fund a special rocket for just one such promotion. Although BTC did not technically arrive at the moon, it arrived at the International Space Station at the end of last year. Developers from SpaceChain send crypto wallet with Falcon 9 rocket, so even though many don’t know it, we’ve had active Bitcoin node on ISS.
Quote from: https://www.spaceitbridge.com/spacechain-sends-blockchain-hardware-to-international-space-station.htm
SpaceChain’s hardware was a part of around 5,700 pounds of supplies and experiments loaded aboard a SpaceX Dragon capsule undertaking its third trip to ISS. The CRS-19 mission successfully lifted off from Cape Canaveral Air Force Station at 12:29 p.m. ET on December 5 and is expected to birth with the station on December 8.
The blockchain hardware wallet will be installed as a hosted payload in Nanoracks’ commercial platform onboard the station. The ISS demonstration mission was made possible with support from Nanoracks and its Space Act agreement with NASA; it should be noted Nanoracks CEO Jeffery Manber is a “Core Space Advisor” to SpaceChain.
Once activated, the payload will demonstrate receipt, authorization, and retransmission of blockchain transactions, creating “multisig” transactions which require multiple signatures to complete, increasing the security of options. All data will be uplinked and downlinked directly through the Nanoracks’ commercial platform. Payload testing is expected to be completed by early 2020.
The blockchain hardware wallet will be installed as a hosted payload in Nanoracks’ commercial platform onboard the station. The ISS demonstration mission was made possible with support from Nanoracks and its Space Act agreement with NASA; it should be noted Nanoracks CEO Jeffery Manber is a “Core Space Advisor” to SpaceChain.
Once activated, the payload will demonstrate receipt, authorization, and retransmission of blockchain transactions, creating “multisig” transactions which require multiple signatures to complete, increasing the security of options. All data will be uplinked and downlinked directly through the Nanoracks’ commercial platform. Payload testing is expected to be completed by early 2020.
We already made some satellites for bitcoin above low-earth orbit, and I think that's enough advertisement already considering that careful planning, logistics and connections you must have in order to send something on the moon would literally be big. You could ask Elon Musk to do it for the memes, although knowing that SpaceX is a private venture most of those invested with the company would likely say no if you're going to do it for free.
Also, who's going to fund that rocket anyway?
Also, who's going to fund that rocket anyway?
And it's cheaper than sending a rocket with bitcoin logo planted in it. I'd rather spend that money on development instead.
The main purpose of the rocket launch will not be solely centered on bitcoin advertisement, it could be for space exploration and observation etc.
By the way,
I understood how people saw this idea as something unnecessary. As I said, these are fictitious but possible, though I believe, there are more efficient ways and strategies on how we can impart the positive idea of bitcoin to people. It starts with ourselves, as we learn and consider ways on how we can incorporate bitcoin into daily living. Soon, it still falls to the same goal which is to make bitcoin for everyone.
These are some fictitious ideas I have in mind though could be done soon with the slightest possibility, what can you say?
for what reason that we need to advertise Bitcoin to the moon?because of news coverage ?as if that news authority will make Bitcoin as big deal if happens?
and besides why need to spend too much Money for advertising when we can use all the social media outlets and all the Video and sound covering the whole world now like youtube and other related outlets?
I've been fond of watching rocket launching especially by SpaceX projects and I've think about the concept of advertising using rockets. There comes an idea that what if, we literally launch bitcoin to the moon?
And what purpose would that solve? Who would fund such huge advertising cost?
Bitcoin need mass adoption and the advertising technique you spoke about, would only target the elites. If you talk about effectiveness, TV commercials would have more impact on the mass than such hugely costly endeavor. Only mass adoption and favorable regulation by government can help bitcoin price to reach to the moon, nothing else!
This is important point as it would not really solve the big problem and instead it is important that we on earth itself spend those amount in advertising. Help in making people aware about it and in rural areas of the people make people aware about it, and its benefit. Since more and more people use the bitcoin in their daily lives better it would be.
I've been fond of watching rocket launching especially by SpaceX projects and I've think about the concept of advertising using rockets. There comes an idea that what if, we literally launch bitcoin to the moon?
And what purpose would that solve? Who would fund such huge advertising cost?
Bitcoin need mass adoption and the advertising technique you spoke about, would only target the elites. If you talk about effectiveness, TV commercials would have more impact on the mass than such hugely costly endeavor. Only mass adoption and favorable regulation by government can help bitcoin price to reach to the moon, nothing else!
This is important point as it would not really solve the big problem and instead it is important that we on earth itself spend those amount in advertising. Help in making people aware about it and in rural areas of the people make people aware about it, and its benefit. Since more and more people use the bitcoin in their daily lives better it would be.
Well the idea is really nice. As soon as I saw the title I had it in mind what you are proposing and upon opening the thread I read what I had in mind.
But there are problems worth thinking of.
Since Bitcoin is decentralized there are only 2 ways it can be advertised.
1. A private individual/group invests in the promotion and launches the advertisement in space.
2. The people contribute towards the promotion and raise money to launch the advertisement in space.
Also, not to mention that it would need approvals from certain authorities before doing such a kind of promotion.
But there are problems worth thinking of.
Since Bitcoin is decentralized there are only 2 ways it can be advertised.
1. A private individual/group invests in the promotion and launches the advertisement in space.
2. The people contribute towards the promotion and raise money to launch the advertisement in space.
Also, not to mention that it would need approvals from certain authorities before doing such a kind of promotion.
Not sure it's a good idea in term of ecology and then reputation, or also in term of return on investment. Just for an advertisement....
It seems to me that bitcoin as such is not a product that needs advertising. And yes, this will require a truly space advertising budget 
I've been fond of watching rocket launching especially by SpaceX projects and I've think about the concept of advertising using rockets. There comes an idea that what if, we literally launch bitcoin to the moon?
And what purpose would that solve? Who would fund such huge advertising cost?
Bitcoin need mass adoption and the advertising technique you spoke about, would only target the elites. If you talk about effectiveness, TV commercials would have more impact on the mass than such hugely costly endeavor.
Only mass adoption and favorable regulation by government can help bitcoin price to reach to the moon, nothing else! Instead of thinking to execute such costly endeavors, we need to focus on the organic growth of bitcoin by educating millennials about it.
An well structured education program will have more impact on bitcoin!
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