Do you think crypto will be the future for payments in space ?

[Vaskiy]

The technology based growth is progressing with time. We can't limit ourselves, maybe there is chance of even better technology getting into usage. Earlier we had edge, then 2G, later on the growth continued and now the network is 5G. This is how transition happen, so with time we can see payment processing system not to be the same.

From planet A to planet B only the rich can reach and spend their days. So, there is need of transaction support. Same time we don't know how perfect will things function there as our earth.

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[BuNga_cute]

The technology based growth is progressing with time. We can't limit ourselves, maybe there is chance of even better technology getting into usage. Earlier we had edge, then 2G, later on the growth continued and now the network is 5G. This is how transition happen, so with time we can see payment processing system not to be the same.

From planet A to planet B only the rich can reach and spend their days. So, there is need of transaction support. Same time we don't know how perfect will things function there as our earth.

Technological developments are indeed very fast, almost all sectors experience significant development. Since the internet began to become a basic
need, everything has become digital. Including the payment system to be cashless, so it's gone through a lot of changes. Bitcoin was created
by Satoshi Nakamoto as an alternative payment, so we feel financial transactions without the need to go through a third party. But new things are not
easy for everyone to accept, so it takes time for crypto to be accepted as payment. Similarly, crypto will be used as a payment in space, it could
happen, but it will take a long time. Because before deciding on crypto as a payment in space, it is better to think in advance how crypto can be
accepted as a global currency on earth.

[AicecreaME]

Do you think crypto will be the future for payments in space ?

How will they pay people long distance ... from planet A to planet B ?

You sure have a very imaginative mind. I haven't thought of this ever since I've known cryptocurrency. But I think, we can't really tell. As much as we want to know, we can only take a guess. NASA is known to conduct experiments, observations, and studies around space because that's their agency's field of expertise and job in general. Maybe we can ask them about it since they are the ones recruiting people to the other planet particularly Mars. Although we must also take into consideration the connectivity and processing time using our common sense. Is it possible? Is it going to be possible? That's what we're still uncertain of. Maybe, maybe not. But I guess none is really impossible since people have made such great discoveries that we are utilizing today such as satellites that are on the atmospheric surface and in outer space which brings us signals and connectivity. The question is how long will it take to be invented and how long would the trial be to know if it is indeed effective to use.

[Victorycoin]

The world is moving forward with the advancement of technology blockchain technology is taking crypto forward while the universe was still the subject of observation and research, the time that the universe was considered to be the sole purpose of displaying national prestige and military prowess continued for some time. With the advent of satellite and powered flight technology it soon became clear that these technologies could be effective for life on earth and what has become possible, instead has become essential as part of the social activities of the common people on the ground or as part of the military force.

[Piggymonster]

Do you think crypto will be the future for payments in space ?

How will they pay people long distance ... from planet A to planet B ?

I think this question should be asked first of all to Elon Musk. He is going to colonize Mars and he will somehow pay off with the people who will live there. Most likely, Elon Musk can offer his Dogecoin if his passion for this cryptocurrency is serious. I think that at first there may even be a natural exchange, and then the money will still be needed. We do not yet know what it might be. This will depend on many reasons.

hahaha right, lets wait for Elon Mask to announce if his grand plan for establishing a human settlement on Mars will be successful. If it is possible to  live on other planet then that will be the time to realize how can we transact using cryptocurrencies from planet to planet. I hope I am still alive by the time if he could manage to do it but right now lets be realistic.

[Vatimins]

     This idea is very plausible and is very likely to be the best option for such use cases. Although I can only speculate on when, it really has a huge possibility. The last thing we'd ever need in space are regulations that slows everything down and hinders many things which in turn can be detrimental for progress for the humankind. Man.... I really wish I was born or will be reincarnated in the future to witness mankind's future breakthroughs and achievements!! T_T... Oh well, at keast I had a great childhood.

[davis196]

Do you think crypto will be the future for payments in space ?

How will they pay people long distance ... from planet A to planet B ?

Why don't we just colonize come planets,before we start thinking about payments in space.
I think that the human civilization will be capable of colonizing other planets after the year 2100,if the Apocalypse didn't happen before the new century.
Nobody knows what will happen with the cryptocurrencies after 80 or 100 years.Cryptocurrencies might become obsolete by 2100.The human civilization might find other ways to reallocate resources,replacing the market economy and the use of currencies,both fiat and crypto.
I also don't think that the first human colonists would need currencies,when they arrive at a new planet.

[lovesmayfamilis]

Sorry OP, but the topic is the edge of schizophrenia. Based on your imagination, why not think about why cryptocurrency or something resembling money on other planets at all?
Start dreaming first about seashells that were used as an exchange on earth, during a certain development of mankind.
I wonder what you ate, what do you think about other planets and life on them?
I want to applaud everyone who supported and continued your fantasies.
At least our community has a sense of humor.

[Mauser]

Do you think crypto will be the future for payments in space ?

How will they pay people long distance ... from planet A to planet B ?

At the moment it seems very unrealistic to have humans life on another planet. Maybe in a hundred years it will look different but even if we could fly to Mars and back, the first people going there would be astronauts and scientists. We just started with commercial space flights for the super rich. The flights are short and of course all inclusive. When it ever comes to inter planetary travel we will probably see similar setups, you have to pay all costs before on earth. And if there was a need to send money to another planet the information would be send with light signals, it's the fastest way.

[TheNineClub]

I'd like to imagine those payment methods that we use now will not be a thing of the future. Actually, I would like to think that we won't need methods of payment at all. You see, space travel, at least any serious form of it is still a distant future, as well as is planetary colonization. When we reach the point where private payment of individuals (on a larger scale) could be conducted, we might have very well abolished the concept of money and payments in a future society.

[michellee]

Do you think crypto will be the future for payments in space ?

How will they pay people long distance ... from planet A to planet B ?

It could happen in the future but with a note that all countries accept crypto as payment. If that can happen, we will see people can use crypto to pay long distances to order a product or pay something.

But it is too far to think about paying from planet A to planet B. I do not think that it will be like that because we have the different infrastructure for each planet

[arwin100]

Do you think crypto will be the future for payments in space ?

How will they pay people long distance ... from planet A to planet B ?

It could happen in the future but with a note that all countries accept crypto as payment. If that can happen, we will see people can use crypto to pay long distances to order a product or pay something.

But it is too far to think about paying from planet A to planet B. I do not think that it will be like that because we have the different infrastructure for each planet

Banks have different E payment system so I think this one will be the most favorable to the people since crypto have delays especially when network is congested but hopefully this issues from crypto will have a solution so that the transaction delays will not be the barricade of crypto to be an option in terms of digital payments to merchants. But let see how the government will scale this since for sure there are so many things needed to tackle when we talk about crypto and its adoption.

[xSkylarx]

Do you think crypto will be the future for payments in space ?

How will they pay people long distance ... from planet A to planet B ?

It could happen in the future but with a note that all countries accept crypto as payment. If that can happen, we will see people can use crypto to pay long distances to order a product or pay something.

But it is too far to think about paying from planet A to planet B. I do not think that it will be like that because we have the different infrastructure for each planet

Yes, I believe it is currently impossible to do so because our technology is not advanced enough to handle such transactions. However, if we say all over the world or country, it is possible because we are all connected and many tech companies have already developed some sort of system. Also, if we are going to be living in space soon, I believe it will be possible because bringing a large sum of money out there is extremely difficult, so online payment is a good idea.

[Congyang]

the imagination of the OP and all my friends really appreciate it especially for people who talk bitcoin in space.
but your imagination now your imagination is too far, at least until now we can only to the moon and mars. and even then only done for research purposes and people who want to waste money by vacationing there.
imagination is good and no one forbids it but I think your imagination is too far and even if there are those who can live on other planets of course not now or in the next few years maybe even until we are not in the world there is no technology that supports for that matter.

[ninkdwi]

we need modern civilization if we want this to happen, and indeed something like this will not happen in recent years even though the technology on earth has advanced but so far we have not been able to get to that stage.
because now we are still making observations and research on the solar system has not yet reached the stage of how we live there and how we do transactions through crypto as Op intended.

[add1ct3dd]

Do you think crypto will be the future for payments in space ?

How will they pay people long distance ... from planet A to planet B ?

That depends, but I can’t imagine anyone living in a different planet than earth. I know a lot of people have believed that we can live in Mars, apart from the planet Mars there is no other planet that people go to. And by the way, even on the planet Mars, humans won’t be able to survive because the air is mostly made up of 96% as Carbon dioxide, so nobody is going to survive there unless they came with an oxygen tank, and oxygen tank doesn’t last forever, at some point it is going to finish and you would be left to nothing.

So, you can see that’s quite unlikely to happen, unless you’re going to be staying for just a short time. And moreover, I don’t see why you would fly to a different planet and be expecting someone to send you money.

[Doell]

I think it's possible because what I know in the movie spongebob outer space can be explored by a squirrel "Sandy" hah ,well it possible to send from planet a to planet b if there is an internet connection then it is possible ,but who will live at there no water no free air and no plants ,empty planet made up of debris

[Rajamuda]

You think too far into the future, it's better if we talk more about the reality that has happened and measure it fairly into the future. The point is that Bitcoin will become a means of payment in the future among humans and its popularity on the internet will play a more important role than now. Well, surely Bitcoin is long-lived.

[mamahdedeh]

You think too far into the future, it's better if we talk more about the reality that has happened and measure it fairly into the future. The point is that Bitcoin will become a means of payment in the future among humans and its popularity on the internet will play a more important role than now. Well, surely Bitcoin is long-lived.

My hope at this time is that until bitcoin is legalized as a currency, I already have financial freedom as a result of cryptocurrency, so that later I have lots of bitcoins and are free to shop as needed, especially from now on we already understand the use of bitcoin, how it works and so on, so this is something to be grateful for

[Kakmakr]

The delay in communication will make payment on a Blockchain very interesting.

"All communication between Mars and Earth goes through satellites. Because of the distance, there is a substantial delay. As communication signals travel at the speed of light, this means that it can take between 3 and 22 minutes for the information to reach the other end, so a phone call would not be practical." Source : https://www.mars-one.com/faq/technology/how-does-the-mars-base-communicate-with-earth

They can run their own Blockchain network on their own planet and then create a interplanetary Blockchain for all interplanetary "bulk" transfers. (Something similar to what the Banks are doing with SWIFT)