What currency shall human use when colonizing Mars

[South Park]

What's the sense of having a currency in colonizing Mars? Do you really think that we could colonize that planet? You have a broad imagination and I guess that's too impossible to happen. Focus on your planet and think of good coins which you could have and hold here for you to have a better life when the bull runs. There are still lots of things that are yet to happen here, you should focus on the reality.

You are the one that is too limited in your imagination, every single thing that you see around you was at some point thought to be impossible and the only reason those things exist is because someone refused to believe it was impossible to create them, colonizing Mars may seem to be impossible today with our current technological level but in a few centuries it could be possible and this could happen even sooner if there is an international effort to do it if the resources of our planet begin to run out.

[1714931578]

1714931578

[Ozero]

What's the sense of having a currency in colonizing Mars? Do you really think that we could colonize that planet? You have a broad imagination and I guess that's too impossible to happen. Focus on your planet and think of good coins which you could have and hold here for you to have a better life when the bull runs. There are still lots of things that are yet to happen here, you should focus on the reality.

You are the one that is too limited in your imagination, every single thing that you see around you was at some point thought to be impossible and the only reason those things exist is because someone refused to believe it was impossible to create them, colonizing Mars may seem to be impossible today with our current technological level but in a few centuries it could be possible and this could happen even sooner if there is an international effort to do it if the resources of our planet begin to run out.

The colonization of Mars is very real and necessary. Humanity now needs to think about a reserve habitat in case of a global catastrophe on planet Earth. In addition, it is not as difficult as it seems at first glance. Recently, on Mars, under a layer of dust, ice deposits have been discovered, which, if melted, would be enough to cover the planet Mars to a height of one and a half meters with water. This will greatly simplify the colonization of this planet.
As for cryptocurrency, it is unlikely to be among the primary issues in the colonization of Mars in the next fifty years.

[ene1980]

You are the one that is too limited in your imagination, every single thing that you see around you was at some point thought to be impossible and the only reason those things exist is because someone refused to believe it was impossible to create them, colonizing Mars may seem to be impossible today with our current technological level but in a few centuries it could be possible and this could happen even sooner if there is an international effort to do it if the resources of our planet begin to run out.

To imagine on those levels you have to be either a billionaire and not everyone have the opportunity to be born with a silver spoon, colonizing mars is a good concept but up to what extent will in be a reality to stay there is the real question, you can visit mars if you have billions in your pocket and in the next twenty years you might even see tourists being take to outer space, but colonizing another plant is a distant fantasy.

[senin]

You are the one that is too limited in your imagination, every single thing that you see around you was at some point thought to be impossible and the only reason those things exist is because someone refused to believe it was impossible to create them, colonizing Mars may seem to be impossible today with our current technological level but in a few centuries it could be possible and this could happen even sooner if there is an international effort to do it if the resources of our planet begin to run out.

To imagine on those levels you have to be either a billionaire and not everyone have the opportunity to be born with a silver spoon, colonizing mars is a good concept but up to what extent will in be a reality to stay there is the real question, you can visit mars if you have billions in your pocket and in the next twenty years you might even see tourists being take to outer space, but colonizing another plant is a distant fantasy.

This is the business of the next thirty, a maximum of fifty years. I think that we will find a lot of useful things on Mars, besides a lot of water. There is a hypothesis that people moved to Earth from Mars when there were problems with living there. Mars gravity is much easier to transfer to our spine. With age on Earth, almost everyone feels this problem.
But until cryptocurrency there, most likely, for a long time will not reach hands of immigrants. First, there will be on the first place questions of practical survival.

[Lanatsa]

The first black hole picture reminds me Elon Musk's quote

    Mars should really have great bars.

It made me wonder what currency shall we use in that bar on Mars. Will it be fiat or cryptocurrency? Will there be a heated fight whether the bar tender shall accept USD or RMB? Is there an ATM for converting AUD to BTC?

Full article is https://support.jinance.com.au/hc/en-us/articles/360000906595-What-currency-shall-human-use-when-colonizing-Mars

First this is Total BS!
Second this should be put up on Off-topic i guess.

Before stressing yourself out on what coin would be use up on Mars,it would be much better if we do think first on how to transfer all the humanity on that planet
which is more important rather than thinking way too ahead of things. 

[Irviyandi]

Is this a joke?
 Maybe your topic is not right when applied on the economic board, in my opinion
 And I also think about what currency is on Mars while the rest do not have life like on earth and if there is no life for what currency, certainly no one does the transaction there

[uneng]

Mars is going to be colonized by a private business, so this business owner will choose what currency they will use there.
They will probably create a centralized crypto stablecoin to use it in Mars, same as Facebook is doing. I say that because I doubt they will adopt a volatile currency in a colony where people need it to buy things daily. Furthermore, a decentralized currency could be used by other people from outside Mars, rivals to sabotage the colony economy.

[Oceat]

Mars is going to be colonized by a private business, so this business owner will choose what currency they will use there.
They will probably create a centralized crypto stablecoin to use it in Mars, same as Facebook is doing. I say that because I doubt they will adopt a volatile currency in a colony where people need it to buy things daily. Furthermore, a decentralized currency could be used by other people from outside Mars, rivals to sabotage the colony economy.

Living on Mars would be expensive since it is not really that habitable with the current situation of that planet. Colonizing it is just like living in space since the method of living like a normal being you need some equipment and that would be expensive too. Whatever currency they may have used it still doesn't matter since no one would live a life on there with the given resources on Earth.

[uneng]

Mars is going to be colonized by a private business, so this business owner will choose what currency they will use there.
They will probably create a centralized crypto stablecoin to use it in Mars, same as Facebook is doing. I say that because I doubt they will adopt a volatile currency in a colony where people need it to buy things daily. Furthermore, a decentralized currency could be used by other people from outside Mars, rivals to sabotage the colony economy.

Living on Mars would be expensive since it is not really that habitable with the current situation of that planet. Colonizing it is just like living in space since the method of living like a normal being you need some equipment and that would be expensive too. Whatever currency they may have used it still doesn't matter since no one would live a life on there with the given resources on Earth.

It will take some time yet, but sooner or later it will be possible to live in Mars (Elon Musk wants to send the first humans to Mars by 2024). As you said, it's not possible to live there without the resources we have disponible here in Earth, and that is the challenge: to produce the necessary resources in Mars through an artificial method, taking advantage from technology.

Once this happen, and a colony stabilizes there, they can start thinking about the local currency.

[googol.star]

Mars won't be colonized for probably thousands of years. Too much money for very little benefit.

[Kimonoe]

Mars is going to be colonized by a private business, so this business owner will choose what currency they will use there.
They will probably create a centralized crypto stablecoin to use it in Mars, same as Facebook is doing. I say that because I doubt they will adopt a volatile currency in a colony where people need it to buy things daily. Furthermore, a decentralized currency could be used by other people from outside Mars, rivals to sabotage the colony economy.

Living on Mars would be expensive since it is not really that habitable with the current situation of that planet. Colonizing it is just like living in space since the method of living like a normal being you need some equipment and that would be expensive too. Whatever currency they may have used it still doesn't matter since no one would live a life on there with the given resources on Earth.

It will take some time yet, but sooner or later it will be possible to live in Mars (Elon Musk wants to send the first humans to Mars by 2024). As you said, it's not possible to live there without the resources we have disponible here in Earth, and that is the challenge: to produce the necessary resources in Mars through an artificial method, taking advantage from technology.

Once this happen, and a colony stabilizes there, they can start thinking about the local currency.

yes, of course you must be prepared in advance the supporting facilities and infrastructure there, so that if there are colonies and economic development, cryptocurrency can be involved

[serjent05]

The first black hole picture reminds me Elon Musk's quote

   Mars should really have great bars.

It made me wonder what currency shall we use in that bar on Mars. Will it be fiat or cryptocurrency? Will there be a heated fight whether the bar tender shall accept USD or RMB? Is there an ATM for converting AUD to BTC?

Full article is https://support.jinance.com.au/hc/en-us/articles/360000906595-What-currency-shall-human-use-when-colonizing-Mars

First this is Total BS!
Second this should be put up on Off-topic i guess.

Before stressing yourself out on what coin would be use up on Mars,it would be much better if we do think first on how to transfer all the humanity on that planet
which is more important rather than thinking way too ahead of things.  

Furthermore,  earth people should have actually visited the moon.   All those first step on the moon news are bs.  People at NASA never reached the moon what more the Mars.  NASA had been lying to the citizen of the world.  So I guess this discussion is a total waste of time.  Lucky I am the one love wasting my time in this kind of topic   .

Anyway just for read:

@Dan White   Right?! Check out the young, male NASA astroNOT admitting we can't get through the Van Allen belts, and that's the primary challenge they're facing NASA's Orion Project. Also, astroNOT Don Pettit says NASA "Destroyed the technology that got man to the moon..." My husband video taped our son's birth 30 years ago, and we guard that VHS tape with our lives! Man's greatest achievement of all time, and NASA DESTROYS IT??! btw-I'm Jewish, and the Hebrew word for "to deceive" or "to lie"is NASA!

Check this documentary which is indirectly admitting that they really did not reached  the moon.
https://www.youtube.com/watch?v=4O5dPsu66Kw

[gantez]

I could have said digital currency but the internet will be a difficult, hence the fiat will still be used initially.

Therefore who and which country first set foot on Mars I think that country's currency is the first to be used.

Not so all the time that first inhabitants are the dominators, do remember there are warfares and conquest  that will turn things around.

[Febo]

The first black hole picture reminds me Elon Musk's quote

    Mars should really have great bars.

It made me wonder what currency shall we use in that bar on Mars. Will it be fiat or cryptocurrency? Will there be a heated fight whether the bar tender shall accept USD or RMB? Is there an ATM for converting AUD to BTC?

Full article is https://support.jinance.com.au/hc/en-us/articles/360000906595-What-currency-shall-human-use-when-colonizing-Mars

Not the same as on Earth since it takes time that signal come from Earth to Mars.

[beerlover]

The colonization of Mars is very real and necessary. Humanity now needs to think about a reserve habitat in case of a global catastrophe on planet Earth. In addition, it is not as difficult as it seems at first glance. Recently, on Mars, under a layer of dust, ice deposits have been discovered, which, if melted, would be enough to cover the planet Mars to a height of one and a half meters with water. This will greatly simplify the colonization of this planet.
As for cryptocurrency, it is unlikely to be among the primary issues in the colonization of Mars in the next fifty years.

We have not completely colonized the earth that was designed for humans by God, it is now mars that we are aiming to colonize. I can see that we are too full in the belly and looking for something to punch it for us. What global catastrophe are you guys dreaming of that will not also affect other planets?

The only catastrophe is that of Armageddon recorded by the Christian which will bring about the doom of human and if you like run to moon then, you will still be affected. So we better focus on how we can make this wonderful planet better and use our cryptocurrency here to the best of our knowledge.

[LUCKMCFLY]

I think it can be gold and digital currency bitcoin, I think FIAT money would not apply because it would be somewhat complicated to create banks on a planet where they have very minimal living conditions and require machines for oxygen and have acceptable living conditions to survive, in addition you could send money in Bitcoin from the earth to Mars, taking advantage of the Blockchain technology.

[awik p]

The colonization of Mars is very real and necessary. Humanity now needs to think about a reserve habitat in case of a global catastrophe on planet Earth. In addition, it is not as difficult as it seems at first glance. Recently, on Mars, under a layer of dust, ice deposits have been discovered, which, if melted, would be enough to cover the planet Mars to a height of one and a half meters with water. This will greatly simplify the colonization of this planet.
As for cryptocurrency, it is unlikely to be among the primary issues in the colonization of Mars in the next fifty years.

We have not completely colonized the earth that was designed for humans by God, it is now mars that we are aiming to colonize. I can see that we are too full in the belly and looking for something to punch it for us. What global catastrophe are you guys dreaming of that will not also affect other planets?

The only catastrophe is that of Armageddon recorded by the Christian which will bring about the doom of human and if you like run to moon then, you will still be affected. So we better focus on how we can make this wonderful planet better and use our cryptocurrency here to the best of our knowledge.

right, very far we think that bitcoin is used for the colonies on Mars later. whereas on earth Bitcoin is still struggling to gain trust to carry out its fun as a currency. I think we should focus more on clear goals

[Theb]

The topic is more political rather then anything related to economics. Most of the outer space projects we see at the current stage are all funded basically everything of the people's basic needs outside our Earth are all covered in order to possibly live there, so I really don't expect anyone to be using any kind of money just so he/she can live in space. If they do chose to have some kind of colony in Mars I do think people who are chosen have to prepay for everything so they all have their expenses covered, now if they are living their for a long time I see them using the fiat money depending on what government's colony are they are into. They won't be using any kind of new money at this stage as there is really no point on messing up the whole system without any purpose of doing so.

[emmybd]

I believe the country that establish the colony there first would use the currency of its own liking. It can be United States or China, other are not in the race. It has to be a digital currency.

[A L I E N]

Mars is going to be colonized by a private business, so this business owner will choose what currency they will use there.
They will probably create a centralized crypto stablecoin to use it in Mars, same as Facebook is doing. I say that because I doubt they will adopt a volatile currency in a colony where people need it to buy things daily. Furthermore, a decentralized currency could be used by other people from outside Mars, rivals to sabotage the colony economy.

Living on Mars would be expensive since it is not really that habitable with the current situation of that planet. Colonizing it is just like living in space since the method of living like a normal being you need some equipment and that would be expensive too. Whatever currency they may have used it still doesn't matter since no one would live a life on there with the given resources on Earth.

Suppose, when and IF it happens, and humans decide to live on Mars as well, some other payment systems will be used - everything will be changed. I do not think that it really interests somebody.