Published 10:09 IST, December 29th 2021
SpaceX CEO Elon Musk says Mars 'will run on crypto', DOGE or different currency
SpaceX boss is "highly confident" that he will land humans on Mars by 2026: "If we get lucky, maybe 4 years. We want to send uncrewed vehicle there in 2 years."
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Just days after Dogelon Mars meme coin inspired by X CEO Elon Musk’s vision of mars colonisation boosted in its recent listing across two popular crypto exchanges, Neuralink founder once again hurtled predictions that Mars ecomy “will run on crypto,” probably meme-based bitcoin rival dogecoin or any or inimitable currency suited for Red planet. In a recent podcast with influential artificial intelligence researcher and podcaster Lex Fridman, Chief executive of aero firm X, EV car company Tesla, and Boring Company categorically stressed that missions to Mars weren’t a distant possibility but a near-term goal.
In his recent conversation that ranged from topics such as Artificial Intelligence, Tesla autopilot, robotics, human flights and Mars colonisation, billionaire serial entrepreneur said that he is "highly confident" that X will land humans on Mars by 2026: "If we get lucky, maybe four years. We want to send an uncrewed vehicle re in two years.” latter n went on to discuss official currency of Mars, which he said, may likely be a cryptocurrency, particularly DOGE or something different but “would be kind of a localised thing on Mars.”
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Musk n iterated that future of Mars should be “up to Martians.” 1.14.4 Dogecoin has been competing with rival crypto Bitcoin and Ereum and recently anunced implementing a Core 1.14. 5 upgrade backed by Elon Musk that would slash fee for network participants, and would be a key step to for optimum growth, whilst improving blockchain's software security. Musk had said that it was "important" to update Dogecoin des, as he responded to one Doge Whisperer's tweet in a discussion about Doge upgrades.
Currently, predicted Mars currency is on 763 des, an estimated 1,090 des worldwide, and has been toiling to secure networks and lower transaction fees. Bitcoin smashed to an all-time high in 2017 since its institutional adoption by payments giant PayPal. tech billionaire is one of co-founders of online payments giant PayPal.
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paper currency based on 'Earth standards' on Mars
Speculations recently popped up that Musk’s electric car company Tesla could add bitcoin to its balance sheet as aero and AI entrepreneur predicts that future Mars ecomy could be based on cryptocurrency contradictory to paper currency based on Earth standards. He had also predicted that Mars colonisation would imply a direct democracy without a governing body of laws. But as Musk thinks, colonisation of Mars is needed by humanity to ensure " continuance of consciousness as we kw it," he told Mars Society founder Robert Zubrin.
Musk, on April Fool’s Day this year, had also stressed that he would put "a literal Dogecoin" (prounced "dohj coin") on "literal moon”. While his audience guessed if he was joking, Musk reminded, ”After all, X's first payload to orbit & back was a wheel of cheese” referring to 2010 test flight of his company’s Dragon cargo ship where y delivered first payload to orbit and back with ‘A wheel of cheese’. "It's kind of funny," Musk told reporters, adding that if y love Monty Python, y’ll “love all his secrets.”
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10:09 IST, December 29th 2021