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Author Topic: Bitcoin can be use by future Mars Inhabitants?  (Read 5178 times)
Watoshi-Dimobuto (OP)
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August 05, 2014, 03:38:38 AM
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Some day in the future we will have human settlements in Mars can they use bitcoin?
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btcguys
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August 05, 2014, 03:45:37 AM
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depends if they have internet and means to use it.. may b food and water will worth more than bitcoin who knows
juju
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August 05, 2014, 04:21:01 AM
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Some day in the future we will have human settlements in Mars can they use bitcoin?

People are probably not going to take wheel barrows of Cash, and Coins to Mars when its colonized. I don't see why it can't be possible, with enough satellites or improved technology one day it might be cheap to have lowish latency interplanetary communication.
keithers
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August 05, 2014, 04:25:09 AM
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Pretty sure we will need to learn how to breathe there before we can be concerned about cryptos there...
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August 05, 2014, 04:30:46 AM
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Pretty sure we will need to learn how to breathe there before we can be concerned about cryptos there...

word, we should nuke mars or something.. there's all that water under the surface, and that vapor can start terraforming mars. we'll all probably be dead by then there is a decent settlement on mars though.

right now, i rather we discover more about europa.. i really wanna see if live has developed on that moon.
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August 05, 2014, 04:31:46 AM
 #6

Some day in the future we will have human settlements in Mars can they use bitcoin?

No reason why not.  At the maximum distance between the two planets (378 million km) there would be a 21 minutes delay to get your transaction in a block (42 minutes minimum if your waiting for a confirmation).

I would not recommend mining though, the chances of your block being orphaned are quite high.

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August 05, 2014, 04:33:40 AM
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Some day in the future we will have human settlements in Mars can they use bitcoin?

No reason why not.  At the maximum distance between the two planets (378 million km) there would be a 21 minutes delay to get your transaction in a block (42 minutes minimum if your waiting for a confirmation).

I would not recommend mining though, the chances of your block being orphaned are quite high.

Neil

Implying Mars wouldn't have their own blockchain, ah egocentric humanoids.
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August 05, 2014, 04:33:47 AM
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Given how much of a drought there is there, I think I will be selling cups of water for 1BTC each...
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August 05, 2014, 04:34:38 AM
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Given how much of a drought there is there, I think I will be selling cups of water for 1BTC each...

yeah i have some stocked up.. i should get even more. water is life, water is important.

california is such a shitty place to live though.. sales tax is something like %8.2ish percent, electricity bills are going up and up, and now we don't even have enough water to drink.
DeathAndTaxes
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August 05, 2014, 04:38:12 AM
 #10

In theory yes but given the cost of interplanetary transmission and the long latency it is more likely that a separate MarsCoin would develop.  Most intra-planetary transactions would only use their respective currencies but I am sure some company would provide gateway and exchange services between the two networks.
cuddaloreappu
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August 05, 2014, 04:38:55 AM
 #11

before the mars settlement... mars is the place where the bitcoin foundation funded largest mining facility is located...

read and please contribute to the story line



https://bitcointalk.org/index.php?topic=668028.0
Shen yingying
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August 05, 2014, 06:33:19 AM
 #12

before the mars settlement... mars is the place where the bitcoin foundation funded largest mining facility is located...

read and please contribute to the story line


https://bitcointalk.org/index.php?topic=668028.0


 the answer already advised.

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August 05, 2014, 06:35:46 AM
 #13

before the mars settlement... mars is the place where the bitcoin foundation funded largest mining facility is located...

read and please contribute to the story line



https://bitcointalk.org/index.php?topic=668028.0

I remember something about this.  I think it was called Doom 3.

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
cuddaloreappu
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August 05, 2014, 06:49:33 AM
 #14

before the mars settlement... mars is the place where the bitcoin foundation funded largest mining facility is located...

read and please contribute to the story line



https://bitcointalk.org/index.php?topic=668028.0

I remember something about this.  I think it was called Doom 3.

kinda inspiration...
LiteCoinGuy
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August 05, 2014, 07:56:28 AM
 #15

maybe satoshi can code some kind of software for terraforming , after that we can pay in marscoin Tongue

Harley997
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August 05, 2014, 08:27:45 AM
 #16

How awesome would it be sending a BTC to someone on Mars!? Receive potentially millions of dollars from another planet in minutes..

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waldox
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August 05, 2014, 09:55:13 AM
 #17

the limit to mars - earth communication is about 4 minutes
so blockchain will probally split, a mars block chain and an earth blockchain.
the earth miner will have a 4 minute propogation disadvange for a mars miner to find the next block compared to a local earth miner.
then if by accident a mars miner get the next block then it would be hard for a earth miner to get the next block due to a 4 minute delay.
thats just all theory.

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MasterOwel
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August 06, 2014, 08:33:58 PM
 #18

That would be a pretty awesome thing. I can definitely foresee a form of currency at lease similar to bitcoin as being the main currency by the time we do interplanetary travel. I can also foresee us being wiped out by then, whether it be through war of natural disaster. Also, at current technology it would take that long for an interplanetary transaction, but who's to say we won't be more advanced by then to the extent an interplanetary transaction is faster than google glass?
Koko
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August 06, 2014, 08:40:04 PM
 #19

In theory yes but given the cost of interplanetary transmission and the long latency it is more likely that a separate MarsCoin would develop.  Most intra-planetary transactions would only use their respective currencies but I am sure some company would provide gateway and exchange services between the two networks.

Hopefully Marscoin will have more value than Mooncoin.
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August 06, 2014, 08:41:55 PM
 #20

when distances take say years for a one way light speed communication, bitcoin in its current form dosn't make sense.
maybe clones of 10 minute bitcoin for local star systems will pop up and then you convert between the different bitcoin clones when you travel between star systems

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