Will we transact with Bitcoin on Mars? \ stacker news ~bitcoin

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Will we transact with Bitcoin on Mars?

590 sats \ 18 comments \ @birdeye21 30 Jun 2023 bitcoin

I know that Bitcoin's solved international remittances...but what about interplanetary?

Will we be sending Bitcoin over to Mars via advanced satellite communication?

Are interplanetary payments just an infrastructure problem or a Bitcoin problem too? Both? Neither?

These are things I ponder...

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34 sats \ 0 replies \ @nullama 30 Jun 2023

Basically every group of humans across space and time have created some kind of money to exchange between them.

Given that now we have a sound money, it would be a great candidate to use it on Mars.

Paying to someone else when both are on Mars would be basically the same as doing it on Earth, and they would also be able to send and receive BTC from Earth to keep some reserves there.

It would be a bit like how lightning works, and Mars would be seen as a node I think.

15 sats \ 10 replies \ @m4 30 Jun 2023

Nobody will go to Mars in the next 100 years, bro.

0 sats \ 9 replies \ @birdeye21 OP 30 Jun 2023

why the pessimism? genuinely curious

0 sats \ 8 replies \ @m4 30 Jun 2023

It doesn't make any sense to send humans to Mars; people are fragile, vulnerable to space conditions, and helpless. If anything went wrong, humans journey to space would be stopped, like it was after the Challenger disaster in 1986. The effort to send humans is much, much higher than to send many robots. It's not pessimism, bro, it's an economic calculation.

0 sats \ 7 replies \ @birdeye21 OP 30 Jun 2023

100 years though? Don't foch it up

https://www.azquotes.com/picture-quotes/quote-airplanes-are-interesting-toys-but-of-no-military-value-ferdinand-foch-151-93-52.jpg

I get that humans are more expensive, but I'll be humans will go in the next 100 yrs, even if just for the clout.

1 sat \ 6 replies \ @m4 30 Jun 2023

Kek, you seem to be young. Perhaps find out when the last Moon visit was.

0 sats \ 4 replies \ @birdeye21 OP 30 Jun 2023

you're calling me young while saying kek

3 sats \ 3 replies \ @m4 30 Jun 2023

lvl 50 here, bitcoin make me young again bro xD

10 sats \ 2 replies \ @nymatix 30 Jun 2023

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7 sats \ 0 replies \ @nymatix 30 Jun 2023

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17 sats \ 2 replies \ @nullcount 30 Jun 2023

I pondered once: #71157

0 sats \ 1 reply \ @birdeye21 OP 30 Jun 2023

wonderful haha you went in great detail

4 sats \ 0 replies \ @OneOneSeven 30 Jun 2023

I did not haha , #146595 but had a gif

1 sat \ 0 replies \ @ok 30 Jun 2023

Watched Knut Svanholm and Samson Mow discuss this recently: https://youtu.be/64uo7EnPmKU?t=1890

1 sat \ 0 replies \ @03781ba9e4 30 Jun 2023 freebie

Probably but not for very long since Mars is further than the hash horizon. They will imo run something like marscoin since they cant mine any btc because of the distance and the resulting delay. More here if you are interested (three part series): https://unchained.com/blog/law-of-hash-horizons/

0 sats \ 0 replies \ @ElectronicsQuestions 2 Jul 2023

We sure won't be mining there anyway, given that one-way communication takes 4-20 minutes...