Bitmex is sending a physical bitcoin to the moon in summer of 2022

[Eclipse33]

Apparently Bitmex and Astrobotic have teamed up to send a physical bitcoin to the moon In the summer of 2022.

"In Summer 2022, BitMEX and Astrobotic are sending a unique physical coin to the Moon, loaded with 1 Bitcoin."






This Is the first time I have heard of this, what do you guys think?

Link to the official website: https://www.moonb.tc

[Mbitr]

We’ve had bits of the  moon in bitcoin collectibles  by forum member Kialara before , but never a bitcoin collectible ON the moon.

https://kialara.com/product/silver-series-2017-moon/

Love it - cool idea ! That coin will certainly be a collectible of note. Not my favourite design , but definitely unique. Any idea of how many will be produced apart from this one ?

[aoluain]

Thats interesting, unique and basically putting that physical collectable and 1
Bitcoin out of reach of everyone. Bitcoin is physically going "to the moon"

Commemorative coins will be available for sale before launch, obviously limited,
I wonder who will be first with the unofficial commemoration of this event?

[SmokerFace]

It's ok but -

- Are they going to make the bitcoin address of the wallet public?
- Will it be hidden from future astronauts?
- Are they going to use some elon musky tech for their bitcoin to land on mar.s.. i mean moon. TO THA MUUN

[chrisperrault]

Wow! This is true? So cool!!😮

[wilkine]

Interesting, but, what's the point?
By sending a physical bitcoin to the moon, can we expect a bull market as well?
Anyway, good for massive adoption, I guess.

[noorman0]

Interesting, but, what's the point?
By sending a physical bitcoin to the moon, can we expect a bull market as well?
Anyway, good for massive adoption, I guess.

I think this is just to add to the hype of the bitmex exchange as far as this claim is a "first" 1 bitcoin landing on the moon, however I'm sure it won't have any effect on the market price nor hypnotize people into adopting bitcoin massively. I also don't think that a physical coin containing 1btc will be left there. Moreover, ask FE adherents if their launch is really authentic or not. LOL

[ABCbits]

It's creative idea to spread words of Bitcoin (alongside with Bitmex), although i don't expect much.

- Will it be hidden from future astronauts?

The website made this statement

Come And Get It.

When the physical coin lands, it will remain on the Moon until anyone deems it worthy of retrieval. Decades from now, what will it be worth?
‍
This project underlines BitMEX's faith in the resiliency of the Bitcoin Protocol and ensures this world-changing cryptocurrency will be a part of this historic journey.  It will be a time capsule that captures one of the most significant inventions in recent history, perfectly preserved for future generations.

- Are they going to use some elon musky tech for their bitcoin to land on mar.s.. i mean moon. TO THA MUUN

If you check image shown by OP carefully, it's shown it'll use Peregrine-1. Very quick research shows it's developed by NASA (https://nssdc.gsfc.nasa.gov/nmc/spacecraft/display.action?id=PEREGRN-1).

[SFR10]

This Is the first time I have heard of this, what do you guys think?

I'm just going to repeat what I've said back in June of last year: They're probably doing it to justify having "ridiculous price tags on their upcoming limited edition series coins".
^{- For what it's worth, I do like the overall look of the coin in question.}

- Are they going to make the bitcoin address of the wallet public?

Yes:

• It will have a public vanity address allowing anyone interested to witness its redemption or add some Sats if you’re feeling generous.

[Lucius]

An interesting idea, something like going to bury a treasure in a place where no one will find it for decades - and if you have a private key, you can always spend it before someone finds it. While this will probably be a good promotion for Bitcoin, it is primarily PR for the company that does it - and it may create some confusion as someone will think that Bitcoin really exists in physical form, which of course is not true.

In a way, Bitcoin has been present in space for years.

A Bitcoin Wallet Is Orbiting the Earth at 5 Miles Per Second
Bitcoin Now Comes From Satellites in Space. Welcome to the Future

[passwordnow]

I think there's someone who has had this idea before, was it Elon? I've forgotten who that person or company would be. Hmmm, a race to get that bitcoin in the future.
It's interesting if bitcoin goes to $1M and there will be companies rushing to get that in the future. Who knows though? That might be the twist that we're going to like in the future.

[davis196]

This is supposed to be some kind of marketing/PR move.Right?
Other than that,it's a totally pointless idea.
They are going to waste a bunch of money and resources to send a Bitcoin to the moon...So what?
What's the benefit for the company,the country or the human civilization in general?
Can't they use the money and resources(and the one Bitcoin they're going to send) for some charitable project that will actually help real people?This will have a better marketing/PR result than sending one physical BTC to the moon.

[Findingnemo]

We have been told many times that bitcoin is going to moon but finally its actually going to moon, anyways its just an idea to spread the word about bitcoin and the company itself to the world before anyone does that so they will get some more recognition. If the bitcoin last long for another few more decade and going to space becomes a normal thing then it will be a treasure hunt area.

[Lucius]

They are going to waste a bunch of money and resources to send a Bitcoin to the moon...So what?
What's the benefit for the company,the country or the human civilization in general?

If you think this is a mission that has the sole goal of delivering 1 physical coin to the surface of the moon then you are wrong. It is a commercial project that delivers cargo in orbit or to the surface of the Moon, and theoretically, anyone who pays can send something to the Moon. The price is certainly not small, but I don’t believe it’s too high for such a small item.

What are the benefits to human civilization when it comes to space exploration you need to ask experts, maybe that money could have been spent smarter, but the lifeless deserts of the Moon or Mars are worth hundreds of billions of dollars for some reason.

On 29 November 2018, Astrobotic was made eligible to bid on NASA's Commercial Lunar Payload Services (CLPS) to deliver science and technology payloads to the Moon, and in May 2019, it was awarded its first lander contract for NASA. Therefore, in addition of the 14 commercial payloads, the lander will carry 14 NASA-sponsored payloads, for a total of 28. Peregrine will carry a maximum payload mass of 90 kg during Mission One, and it is planned to land on Lacus Mortis, a relatively flat plateau at 44°N 25°E, and operate for about 8 Earth days. The payload mass for the planned second mission (Mission Two) is capped at 175 kg, and the Mission Three and later missions would carry the full payload capacity of 265 kg

[bittraffic]

An interesting idea, something like going to bury a treasure in a place where no one will find it for decades - and if you have a private key, you can always spend it before someone finds it. While this will probably be a good promotion for Bitcoin, it is primarily PR for the company that does it - and it may create some confusion as someone will think that Bitcoin really exists in physical form, which of course is not true.

In a way, Bitcoin has been present in space for years.

A Bitcoin Wallet Is Orbiting the Earth at 5 Miles Per Second
Bitcoin Now Comes From Satellites in Space. Welcome to the Future

Rumor was that the reason why Bezos and Elon tried going to space is to bury their wealth maybe in moon or mars incase something will really happen on earn because they are already speculating war to happen. A very expensive way of hiding their treasures but perhaps gold and some valuable things.

Bringing BTC literally to the moon is too much of a way to hype this but who would mind anyway, as long as they can pay for it why not.  To de moon!

[Obito]

Probably a waste of money but with one less bitcoin in circulation, why no? In all honesty though, this feels like an over the top statement just because you want to promote bitcoin, maybe it's not that over the top with your space faring company but the other one seems too much. Maybe that's just me though.

[Mame89]

This is a big ambition dedicated to the need for large companies to show their existence in order to be the first to show their ability to be known to the world as well as to become a time capsule for future generations.

[hd49728]

It is just idolized and exaggerated activity.

A physical Bitcoin sent to the Moon, what does it mean? Nothing in my opinion.

However it will be a huge achievement if they send ASICs to the Moon, set up a mining farm there and really mine Bitcoin from the Moon. It means Bitcoin transactions can be confirmed by a full node on the Moon. It proves the Bitcoin technology can work borderless, planet-less.

[m2017]

It is just idolized and exaggerated activity.

A physical Bitcoin sent to the Moon, what does it mean? Nothing in my opinion.

However it will be a huge achievement if they send ASICs to the Moon, set up a mining farm there and really mine Bitcoin from the Moon. It means Bitcoin transactions can be confirmed by a full node on the Moon. It proves the Bitcoin technology can work borderless, planet-less.

Such activity seems funny to me. Many people wanted to see BTC's ToTheMoon, here you go, this opportunity has appeared. Literally, which is quite funny.

The day will come when because of this coin colonialists will arrange fights. Or an expedition from Earth will go in search of this BTC.

[avikz]

Just a marketing gimmick which might help bitmex with some more users. But overall impact of such activity on crypto market will be a big zero. Sending something to outer space or moon is required for scientific research but sending 1 bitcoin would not yield anything at all! Rather, they could have donated this physical bitcoins to the astronauts in international space station. That would create some bigger hype and might impact the crypto market positively.