Interplanetary trade

[enquirer]

My friends at the Trade Federation expressed a concern.

Assuming Bitcoin network is Earth-based, confirmation of a transaction conducted at a nearest star (Proxima Centauri) will take 8.44 years, whereas gold or US Dollar can be exchanged instantly at any location. How can we overcome that limitation?

Luke?

[Phinnaeus Gage]

My friends at the Trade Federation expressed a concern.

Assuming Bitcoin network is Earth-based, confirmation of a transaction conducted at a nearest star (Proxima Centauri) will take 8.44 years, whereas gold or US Dollar can be exchanged instantly at any location. How can we overcome that limitation?

Luke?

Stamp the worthless gold with a Bitcoin address and send. When the message is received instantly, the recipient can throw away the gold. Same true with the useless dollar, but instead of tossing it, burn it to generate heat since bitcoin miners now run close to absolute zero.

[Anon136]

quantum entanglement allows for instantaneous communication over any distance.

[Ekaros]

What are you going to trade?

[enquirer]

Probably a hardware (Caucasius) coin can be sent to the remote location to seed the local bitcoin network.

[BitcoinBarrel]

When you're pulling 1.21 gigawatts anything is possible

[Este Nuno]

Personally, I prefer to send my transactions via wormhole.

[Explodicle]

We could just move 51% of the Scrypt hash power to Proxima Centauri, thus solving two problems at once.

[dwdoc]

I think the Cryonik Miner solves that problem with liquid nitrogen or liquid helium or lightstrips or some
such bull#%*^

https://bitcointalk.org/index.php?topic=214526.62