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Bitcoin For Spaceflight: A Match Made in Heaven, But Not Terribly Popular

newsbtc
newsbtc
4 years ago
2 mins read

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Virgin Galactic made a splash last year when founder Sir Richard Branson announced the company would be accepting bitcoin as a means of payment for commercial space flights.

For the equivalent of $250,000 in digital currency, any bitcoin enthusiast could travel to the upper atmosphere and enjoy a few minutes of weightlessness.

[ot-video type=”youtube” url=”http://www.youtube.com/watch?v=pwm3leZu-O0″]

Sir Richard Branson announced earlier this year that “six or seven” people have used the digital currency to book their trips (compared to the other 500+ who have paid with fiat), but not many more since. In fact, not any.

“We’ve had no more since then,” said Virgin Galactic Commercial Director Stephen Attenborough to NEWSBTC, referring to the amount of bitcoin bookings since Branson’s last announcement.

But despite the waning interest in paying for a flight with digital currency, the option remains open.

“We like to be able to offer payment facilities which suit our customers’ preferences,” says Attenborough.

Some of the customers who have purchased their booking deposit with bitcoin include Cameron and Tyler Winklevoss and a stewardess from Hawaii. The other few have not been named.

They join the likes of Leonardo DiCaprio, Lady Gaga, and even Justin Bieber, who are all scheduled to flight aboard a two-hour Galactic flight in the next year.

“Many of our customers are first adopters who have a natural interest in new ideas and technologies, so it made sense to make the bitcoin facility available,” Attenborough says. “We have been delighted that a few customers have already chosen the bitcoin payment option for their spaceflight deposits.”

With the first revenue flights scheduled to begin late this year (by company estimates, which are subject to change), the use of bitcoin for deposit booking could very well gain traction, particularly among those who have made a lot of money since bitcoin’s value began soaring in 2013.

“Time will tell to what extent this interest will grow,” says Attenborough.

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Comments 4

  1. You are whats wrong says:
    11 years ago

    Such a horrible waste of money.

    Way to go richies! Be sure to wave to all the starving humans as you float overhead like fat, flying deities.

    I hope you all incinerate on re-entry.

    Reply
  2. Smartmoney says:
    11 years ago

    Pathetic …… lets go to space and forget .. deforestation, over fishing .. nuclear waste .. cancer .. Fuck the poor

    Reply
  3. Philip Cohen says:
    11 years ago

    .Obviously I’m missing something, but why would any buyer choose to complicate any transaction by paying with Bitcoins, which are effectively a “foreign” currency requiring FX conversions at either end—even for a local transaction?

    Reply
  4. Kirk Hilles says:
    11 years ago

    Wow, why all the hate here? If someone wants to spend $250k to go in space, I think its a GREAT thing. The more money that flows into this, the further we can progress in terms of space travel. You people act like its tax-dollars at work. I respect you all that give 75% of your salary to the poor and needy, but don’t see how a service provided affects anything. People will spend $250k on a watch or a car. This is space travel. Its pretty cool.

    Reply

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Comments 4

  1. You are whats wrong says:
    11 years ago

    Such a horrible waste of money.

    Way to go richies! Be sure to wave to all the starving humans as you float overhead like fat, flying deities.

    I hope you all incinerate on re-entry.

    Reply
  2. Smartmoney says:
    11 years ago

    Pathetic …… lets go to space and forget .. deforestation, over fishing .. nuclear waste .. cancer .. Fuck the poor

    Reply
  3. Philip Cohen says:
    11 years ago

    .Obviously I’m missing something, but why would any buyer choose to complicate any transaction by paying with Bitcoins, which are effectively a “foreign” currency requiring FX conversions at either end—even for a local transaction?

    Reply
  4. Kirk Hilles says:
    11 years ago

    Wow, why all the hate here? If someone wants to spend $250k to go in space, I think its a GREAT thing. The more money that flows into this, the further we can progress in terms of space travel. You people act like its tax-dollars at work. I respect you all that give 75% of your salary to the poor and needy, but don’t see how a service provided affects anything. People will spend $250k on a watch or a car. This is space travel. Its pretty cool.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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