Elon Musk is taking Bitcoin to Mars
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In response to a query on his preferences for life on Mars, Tesla CEO Elon Musk has suggested that cryptocurrency may play a role.
In his January 11 speech in an X (previously Twitter) space titled "Ark 21Shares Bitcoin ETF (ARKB) Approved," Musk provided more details about his aspirations beyond Earth, including his desire to elevate humanity to an interplanetary species and the potential obstacles that may come our way.
Following this, Elon Musk, CEO of Testa and SpaceX, attempted to soften the
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日 170 trom the sun, while Earth is eight, and that this disparity in distance might still be a problem.
Another user made a similar point, mentioning how efficient Mars' localized lightning capacity is, even if mining there would be impossible.
Musk said that others in the crypto
overcome.
Since Mars lacks centralized financial institutions, most crypto users believe that virtual assets would be a suitable form of payment there. This would be great for technology.
Blockstream CEO Adam Back
downplayed the significance of the speed and distance from Mars issues, saying that
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