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Interesting thought experiment. A Bitcoin on Mars installation was contemplated on reddit a while ago: http://www.reddit.com/r/Bitcoin/comments/1rsbe9/to_the_p
by novalis78 13y ago
Interesting thought experiment. A Bitcoin on Mars installation was contemplated on reddit a while ago:
http://www.reddit.com/r/Bitcoin/comments/1rsbe9/to_the_people_saying_bitcoin_to_the_mars_it_wont/ http://www.reddit.com/r/Bitcoin/comments/1rsbe9/to_the_peopl...
In all seriousness, they won't start a traditional banking system on Mars. But I could see the need for ownership and value distribution even in a small colony / if not base. Marscoin is a pretty cool thought experiment to stretch our imagination - and, as Dogecoin proves, can end up becoming a self-fulfilling prophecy. I guess that's the hope.
Another fun angle is that if Marscoin/Bitcoin owners on Earth organize their capital and employ Mars colonists to work on projects, they can then pay them in Marscoin on Mars (as incentive). With decentralized corporations on the Bitcoin blockchain you could even see a body of people form a Thorium "corporation", purchase the technology in 2032, raise the funds on a global scale, then ship it to Mars and pay those colonists that can and want to work on it in Marscoin.