Bitcoin Forum

I've been fond of watching rocket launching especially by SpaceX projects and I've think about the concept of advertising using rockets. There comes an idea that what if, we literally launch bitcoin to the moon?


I've did a bit of a search about this, and found out that there are already some attempts of space rocket advertisement by NASA as show in the photos below:


here's my idea/design:

Unfortunately, NASA and the Government isn't allowing any further commercial advertisement according to their NASA Regulations for Advertising Requests
 (https://www.nasa.gov/audience/formedia/features/Advertising_Guidelines.html)

Though, with private space companies, there might be a chance for this to happen. I'm quite convinced that having this kind of advertisement with bitcoin could increase bitcoin adoption all over the world. And whenever a private company allows space ads, we can now start bringing bitcoin to the moon through space rockets and by creating high powered laser with lights pointed towards it.


These are some fictitious ideas I have in mind though could be done soon with the slightest possibility, what can you say?

Referral marketing, Youtube ads, Google ads are more effective imo. And it's cheaper than sending a rocket with bitcoin logo planted in it. I'd rather spend that money on development instead.

And btw, more and more people are interested in bitcoin due to social media, that's going to progress slowly but surely. I don't think marketing just for the sake to get people to know there's something called 'bitcoin' is worth it.

Bitcoin is a decentralized network and there is no marketing agency for it, if any such ads is to be run, it would have to be done by private individuals.
The to the moon concept is pretty cool, but true adoption would be achieved when people can make day to day payments using Bitcoin, and more merchants begin to accept it as a currency. Introducing it in your local stores and suggesting it as a payment method would go a long way, if the cost of launching an ad to the moon was invested in Bitcoin ATMs globally, people would be able to acquire bitcoins more easily.
An ad would create hype around it, buy would not do much to facilitate adoption imo.

How?

Who will offer their money to be sacrificed for this advertisement?
Donation maybe?
No one owns bitcoin and there is no company behind it.
We are all the company. So the only way is for us to donate to make this happen.
If it isn't possible then we just leave it to the internet to spread the good news.

Ehh. I don't really think we need that more advertising. Especially through a rocket? That's most likely going to fly from the United States? majority of the people have heard of Bitcoin already anyway. It's definitely not the best way to spend the money. I'd rather use that money to fund Lightning Labs[1] and Chaincode Labs[2] to be honest.

We need more development for better and easier adoption, not marketing.

---

[1] https://chaincode.com/
[2] https://lightning.engineering/

For real? Nah.

People are collecting and investing their bitcoins so who will start that thing? for sure no one will shows up in behalf of the users of this coin I guess. There are some other ways to use and less expensive than you are thinking or imagining, there is ads thru internet where we can use to advertise and many people can see it.

Maybe bitcoin need to have strong foundation to start a rocket ship, formalize its system but thinking its decentralized uhmmm  ::) ::) ::) never mind.

And what purpose would that solve? Who would fund such huge advertising cost?

Bitcoin need mass adoption and the advertising technique you spoke about, would only target the elites. If you talk about effectiveness, TV commercials would have more impact on the mass than such hugely costly endeavor.

Only mass adoption and favorable regulation by government can help bitcoin price to reach to the moon, nothing else! Instead of thinking to execute such costly endeavors, we need to focus on the organic growth of bitcoin by educating millennials about it.

An well structured education program will have more impact on bitcoin!

It seems to me that bitcoin as such is not a product that needs advertising. And yes, this will require a truly space advertising budget :)

Not sure it's a good idea in term of ecology and then reputation, or also in term of return on investment. Just for an advertisement....

Well the idea is really nice. As soon as I saw the title I had it in mind what you are proposing and upon opening the thread I read what I had in mind.
But there are problems worth thinking of.

Since Bitcoin is decentralized there are only 2 ways it can be advertised.
1. A private individual/group invests in the promotion and launches the advertisement in space.
2. The people contribute towards the promotion and raise money to launch the advertisement in space.

Also, not to mention that it would need approvals from certain authorities before doing such a kind of promotion.

This is important point as it would not really solve the big problem and instead it is important that we on earth itself spend those amount in advertising. Help in making people aware about it and in rural areas of the people make people aware about it, and its benefit. Since more and more people use the bitcoin in their daily lives better it would be.

for what reason that we need to advertise Bitcoin to the moon?because of news coverage ?as if that news authority will make Bitcoin as big deal if happens?

and besides why need to spend too much Money for advertising when we can use all the social media outlets and all the Video and sound covering the whole world now like youtube and other related outlets?

Yeah because the real problem is how we can make Bitcoin close to Masses because they are the target to make use of crypto so it can be circulated not like now that millionaires and billionaires are only using this market to bag money by Hoarding and manipulating.

The main purpose of the rocket launch will not be solely centered on bitcoin advertisement, it could be for space exploration and observation etc.

By the way,

I understood how people saw this idea as something unnecessary. As I said, these are fictitious but possible, though I believe, there are more efficient ways and strategies on how we can impart the positive idea of bitcoin to people. It starts with ourselves, as we learn and consider ways on how we can incorporate bitcoin into daily living. Soon, it still falls to the same goal which is to make bitcoin for everyone.

We already made some satellites for bitcoin above low-earth orbit, and I think that's enough advertisement already considering that careful planning, logistics and connections you must have in order to send something on the moon would literally be big. You could ask Elon Musk to do it for the memes, although knowing that SpaceX is a private venture most of those invested with the company would likely say no if you're going to do it for free.

Also, who's going to fund that rocket anyway?

Why not Elon Musk? He could do it without a problem through his company, just someone needs to put a bug in his ear about this idea🚀

There are a lot of commercial rockets that carry satellites into orbit, there is no need or sense to fund a special rocket for just one such promotion. Although BTC did not technically arrive at the moon, it arrived at the International Space Station at the end of last year. Developers from SpaceChain send crypto wallet with Falcon 9 rocket, so even though many don’t know it, we’ve had active Bitcoin node on ISS.

Is Elon Musk a real fan of Bitcoin ? not sure....

It's a good idea, but I don't think it will pay off

That idea might work though.
Hm people really believe in big things from the governments or from the big, truthful company like NASA. They might see a Bitcoin advertisement somewhere in their life like on a wall, on a website, or on a small piece of paper they give you at the intersection but those kinds of advertisements are not as truthful and convincing as those from the governments or NASA or something else. Maybe taking this idea into the real-life will convince a lot of people to buy Bitcoin and to believe in Bitcoin. I am looking forward to seeing an advertisement like this in the near future.

Elon Musk admits the main reason he ventured into satellite internet involves him noticing profit margins of those businesses were larger than the profit margins of Space X. They're very skilled at adapting their business model to suit recognized opportunities. If there is a likelihood of spacecraft advertising being worthwhile, I'm certain they'll pursue it.

Elon Musk posted the below image on his twitter earlier this year, which could mean he's open to the idea.

https://i.imgur.com/EJJNApP.jpg

The basic feasibility model for advertisement monetization is the number of eyes who see it. Youtube is said to payout around $50,000 for 5 million views. If 100,000 to 200,000 viewers watch every rocket launch, it may not amount to sufficient capital for them to consider it worthwhile for standard launches. Although I think that will definitely change in the future with larger scale missions that are more ambitious like future manned missions to mars or the moon.

So who exactly is going to paying for the ads if anything happens like you dream, are you going to do that? There are already enough adverts; the ones you see on Facebook, Instagram and other social platforms is enough to promote Bitcoin. There are even more people that you can target on these social platforms such as Facebook, Twitter, than you will get from pasting a BTC logo on a space rocket. Like who even have the time to be watching space rockets? Okay there are people who does that, but you can’t compare the number of those watching it to the number of those on social media and happened to advertisements on daily basis.

Social media is like connecting to the world and that’s enough, unless your targets are aliens in outer space.

agree with you here! no need of very expensive advertisement as media/social media can do that job. instead focus on more important things that will drive BTC adoption among the masses

How much it cost for a rocket? We don't need to spend that much just to go for huge ads and been attracted by the community. In fact, we have that already, social ads are enough to catch attention because they will surely come and invest Bitcoin if they will trust this thing. We have already the ads, the popularity, what we needed now is sustainable market support and development.
Bitcoin has a better future than among the other cryptos. Having this potentiality will give hope that we can still be to the moon in the near future.

In terms of advertisement anything could be a tool just to visualize the subject, and this "fictitious" idea might happen in the future. However, If you're looking on to the practical side of this idea, It's indeed unnecessary for now, because we have a lot of tools in social media and internet which will be more effective and cost effecient than just mere visuals. Maybe if NASA will soon launch a rocket for space exploration, then that would be the perfect time to insert Bitcoin advertisement.

Nevertheless, the idea is good for bringing Bitcoin literally to the Moon, If not, into the space lol.

One could advertise Bitcoin through a rocket but it comes with tons of cash needed. Although they only post their videos on their official website or just in Youtube.
Where you can just hire popular bloggers to create contents and post it to their high rank websites that could gain more attraction.

Actually the concept of promoting bitcoin with space rocket advertising is very good, and the impact is very positive too. But the problem
the cost must be very large, and not yet the time of bitcoin promotion that way. Instead of doing space rocket advertising, better to do
promotions on television and sports stadiums. Cheaper than doing space rocket advertising.

I think we are doing great with the goal of inviting and introducing people to bitcoin. Ads are enough and I think advertising through these rockets are too much. I would choose advertisements through the internet rather than the rocket one. Also, I don't think NASA would agree on this since as you said, they are not accepting that kinds of advertisements now.

A very good idea that can certainly generate a lot of buzz and interest from people all over the world. The only big hindrance is the possible cost of such a venture because I am sure nobody will allow any name to be painted on any surface without first talking on budget. Sending anything to anywhere outside of Earth can certainly cost millions of dollars, if not billions, and I am sure nobody will be giving Bitcoin a free ride. Besides, Bitcoin is not actually so ready for a massive adoption or for it to become a global currency. There will be an imperial stretch if that can happen. So let's instead take things slowly and always be patient. Now, having said that, this is just my opinion because certainly nobody is stopping anyone to dream big, to dream beyond Earth and to take the name of Bitcoin to the moon and even to the stars.

Some companies like Pepsi had done some space stunts and they were quite popular. But when comes with bitcoin, it's not a company, any advertisement would either need a bitcoin related business or need to have a collective volunteer fund for advertisement. Both of which are difficult to fund rocket ads at the moment. The only feasible solution would be a volunteer rocket owner promoting bitcoin and there are very few private rocket owners that have capacity to do that and a lot fewer (or one) that could be willing to.

I see several problems with this idea, namely :

1. Rocket launches are very expensive { A re-used SpaceX rocket is costing $40 000 000 } - Would companies pay large amounts of money to make it worth their effort to advertise on rockets?

2. What happens if the rocket explodes? The company that advertised on that rocket would forever have the bad link to that event. It will be imprinted in people's minds.  ::)

There are lots of risks in doing this. Do you know how many people watched the last launch of Elon Musks SpaceX rocket?

I don't think so that this kind of idea will kindly be promoted by the people who sponsor this kind of rocket launching and give a logo or promotion to the bitcoin which is literally to the moon because only a few people see the use of the bitcoin and this is not the right time to make an advertisement to the bitcoin but if you are the same lang Elon Musk and have money why not to promote the bitcoin because some of the people use this as the kind of safe haven for their money and still there is a chance to use this kind of promotion on the bitcoin instead I want the use of promotion of the blockchain instead of the bitcoin because this is the most essential thing we need today right now having a good and secured transparent transactions.

Not really that realistic. With the amount of money that can be used to launch the rocket, just spend it on buying advertisement slots and print out souvenirs, t-shirts, etc. Much more well spent imo. And besides, I really doubt most of the masses even follow what NASA is even doing.  It comes down to others sharing it one way or another but really, it's not like they're paying attention to it fully. Since that's the case, might as well just use advertisements since the same message could be pretty much sent without spending much. Ofc, if its for free then why not right? Plus, imo, most of the possible advertisements BTC could have would be community-driven, all because no company is behind it. And I highly doubt the community would even save enough up to launch a rocket into space, since the costs is mind boggling enough, not to mention the required negotiations with NASA.

Your biggest chance is with SpaceX, if the "former Dogecoin CEO for a day" allows. Or at least, one of the other private company contenders.

To be literal, would mean sending a node up there. But it would suck with latency over a second long...

You see, bitcoin is everywhere where there is a node. All of them, at the same time, exist in all nodes. Right now you cannot even say you "send bitcoin" across borders. What people handle are the keys that allow them control over a few of them. I guess it was easier for the masses to call the things "wallets" rather than keyrings?.

Right now, it is useless. But if a moon colony (which Elon already called "Moon Base Alpha") ever exists, they might want to have a few nodes in there.

Without significant advances in human communications (and my bet goes to quantum entanglement), a multi-planetary humanity will have to keep separate blockchains on each planet. Moon might still be doable, but Mars and elsewhere won't.

It's only that is expensive but what would exact outcome it can't be known. Who would invest such large amount of money not knowing what would be result, if any? That makes no sense.
It's true that we need some serious advertising and promotion for Bitcoin but I don't think that rocket is the adequate solution for that.

Why would NASA or any private company advertise Bitcoin though? It's not like BTC or crypto have gone mainstream at present. These companies don't just focus on money basically which is why they would never accept this idea in the first place.

Elon Musk himself currently hodls a small portion of BTC. They clearly are not that interested in the monetary gains associated with advertising something like BTC. This perception could change in the future.

I admit that the idea sounds appealing, but absolutely unnecessary. There are far better ways of spreading the word. Celebrities advertising BTC and crypto in droves is the best idea in my opinion which is better than advertisements through different mediums.

Unless there is a investors in other planets so we need to introduce Bitcoin via rocket ship  8).

The thing about this is over acting because we cannot even advertised good here in our space what more to the moon?


NASA will advertise if the price is right ,and with some supporting documents but yeah thats it why would they do that for just a currency that mostly called as scam?[i am not saying this but many outside the crypto)


Appealing at first but very expensive and very over acting,maybe in future why not?but in our days now?there are many place to advertise Crypto and on those we must focus.

While this idea sounds very attractive due to the presence of the metaphor of cryptos going to the Moon, I am not sure it's cost-effective. How much would such an add cost? If companies like Amazon do it rather than some small ones, it's probably a lot. Bitcoin has a bit of an advantage when it comes to SpaceX, though, since Elon Musk is a trickster who sometimes embraces BTC and might agree to do such a thing just for fun. So I think this idea should be offered to him via Twitter, and there's a small chance he'll respond. If someone has to pay for it, it's probably not an option and doesn't make much sense from marketing perspective. Like others said, there are simpler ways to promote BTC, and I am not sure that it's the lack of awareness that Bitcoin exists is what makes it unpopular nowadays. People need to learn in detail about Bitcoin, not just hear another brief mention in the news.

Who deserves to do promotions that way? I mean who would spend that much money? Satoshi Nakamoto? or who else?

Since bitcoin is decentralized that will not be anyone who will spend a lot of money to promote bitcoin with huge of money.

As for some people out there who promote bitcoin, they only just rely on their popularity, no more than that.

We have to focus on giving some learning about bitcoin to new people as much as we can, tell them the basic thing about bitcoin if they are interested they will naturally like and spend money to buy bitcoin.

Those things will make bitcoin to the moon and it will last a long time, no more deep crashes and make people lose with it.

How about we send bitcoin to the moon and land there?

The thing is, bitcoin is so unpredictable and the pump and dump happen so even if we say it will reach to the moon, it's expected to go back to the earth and worst thing is it will cause a massive destruction on the price of crypto like what we experience last post bull run.

I would prefer to see bitcoin slowly moving to the moon than a sudden pump which is only cause by manipulation.

As there are people who are making advertisement about bitcoin in the said platform that you've stated, people will still have some information little by little by that methods. Small progress is still a progress, so no matter what kind of advertisement you do, if you use social media platform then it is the best for me, I think and it is really feasible.


Social media platforms are really more effective and the best tool to inform other people about the advantages and benefits of bitcoin. People are getting interested once we use the platform where there are a massive volume of people accessing to it. Once we get their attention through our advertisements, we will now prioritizing a more better advertisements.

But the "moon thing" as advertisement tool for bitcoin is really unique and not that easy to achieve.

I think this kind of advertisements will surely costs a lots of money and it would be an out of this world campaign if this become a reality. I think marketing bitcoin ads have already begun few years back and with all these giant social media companies are already enough as marketing tools to spread awareness about bitcoin or any cryptocurrencies to people who wanted to have an alternative way of sending and receiving payments all around the globe.

I can think the likes of an exchange or someone else are good candidates for an ad of this sort. Of course they would promote their site, and maybe add some Bitcoin logo if they are gracious enough.

I'm sure SpaceX wouldn't object adding some paint job ad to their rockets for a price. But what if the stage breaks when returning? The largest part is the one that returns, they have increased their success rate but its not perfect yet. Specially when it lands in a barge in the middle of the ocean...

And if you paint an ad at the upper stage it wouldn't be so big would it? Well spaceship itself is very large but we haven't reached that point yet, best you get at the top is a smallish capsule.

With the private entities getting into space, i do expect more monetization creeping in one way or another, its just a matter of time.

Starlink may be profitable on its own (it better be), but i'm sure Elon has more plans for it, such as communications with their Tesla fleet...

Apart from it not paying off the idea doesn't add up because of the cost that bring shoot bitcoin to the moon. There are many ways this can be done without or less funds availability. Buying ads space to promote this to the masses will yield good positive results and also spreading the news on social medias will be a double momentum for the spread of this digital currency, though bitcoin has achieved beyond our expectations during this few years it has stayed with us.

It's a good idea! But is it worth it to get bitcoin to the moon? If we create bitcoin using space rockets and launch it to the moon, this would be too easy.

How many people live in the moon that would see or notice the advert! With the trillions of people here on earth already getting awareness of btc is not enough for you, what good will be the few numbers (if any) up there, and again how many people here on earth watch SpaceX rocket lunch or whatever, well maybe one day you will be the first to lunch it since it is your passion.

Yes, we could send loaded paper wallets or "Casascius physical bitcoins".

Literally if bitcoin is sent to the moon it will increase the demand for bitcoin but I don't think it is possible Humans live on the moon but technology has not improved much Very few people live on the moon. There is nothing scientific about sending bitcoin but it will not last long It will take a long time to be introduced.