๐ Elon Musk Contemplates Bitcoin for Mars Colony
#Elon Musk initially dismissed but later considered the feasibility of using #Bitcoin as a currency on Mars. Despite concerns about Bitcoin's transaction settlement times, Musk speculated it might be workable due to the proximity of Mars to Earth.
He discussed the need for a localized #network on Mars and the potential use of Bitcoin's โก๏ธLightning Network to address #transaction speed issues.
๐ #BitMEX recently launched physical bitcoin to the moon as part of the Peregrine-1 space mission.