elon musk bitcoin, elon musk btc, elon musk crypto, elon musk cryptocurrency, mars economy, marscoin, martian economy, spacex crypto, spacex cryptocurrency

Spacex and Tesla CEO Elon Musk, widely believed to be the man taking humanity to Mars and building a permanent settlement there, tweeted his approval of the idea that Mars’ economy will run on cryptocurrency.

Elon Musk Envisions Mars’ Economy Run on Cryptocurrency

Elon Musk believes that Mars’ economy will be run on cryptocurrency. He said early this month that he is “highly confident†that his company Spacex will land humans on Mars “about six years from now.†He further noted that it could even come as early as 2024 “if we get lucky.†Musk previously said that his aim is to set up a “self-sustaining city on Mars as soon as possible.â€

The subject of cryptocurrency running Mars’ economy briefly came up on Twitter last week. AI researcher Lex Fridman tweeted, “Mars economy will run on crypto.†In response, Twitter handle Elon’s World suggested, “Marscoin.†Musk himself replied with just a “Yes.â€

elon musk bitcoin, elon musk btc, elon musk crypto, elon musk cryptocurrency, mars economy, marscoin, martian economy, spacex crypto, spacex cryptocurrency

It is not clear if Musk was referring to the cryptocurrency called “marscoin†that was launched in 2014 or if he was just talking about a future project with the same name. The existing project was launched for the purpose of becoming a Martian currency, according to its project page. Its code was a fork of Litecoin, and it originally traded on Nova Exchange. However, after peaking during the 2017 initial coin offering (ICO) bubble, its price dropped sharply and the coin was delisted from Nova soon afterward. Furthermore, Nova Exchange officially closed for business on Jan. 28.

Musk has also recently been talking about two other substantially more popular cryptocurrencies: bitcoin and dogecoin. Last week, he pondered the idea of his company Tesla putting billions of dollars into BTC, as suggested by the CEO of Nasdaq-listed Microstrategy which now has about 70,470 BTC in its treasury. Musk asked, “Are such large transactions even possible?†He also tweeted about dogecoin a number of times over the years. Until very recently, his Twitter profile displayed: “Former CEO of Dogecoin.â€

Spacex said in October that it will not be recognizing any international law on Mars. Its Starlink internet project’s terms of service state: “For services provided on Mars, or in transit to Mars via Starship or other colonization spacecraft, the parties recognize Mars as a free planet and that no Earth-based government has authority or sovereignty over Martian activities. Accordingly, disputes will be settled through self-governing principles, established in good faith, at the time of Martian settlement.â€

Which cryptocurrency do you think Mars’ economy will be run on? Let us know in the comments section below.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Du lịch nhật bản, hướng dẫn du lịch Nhật và đánh giá địa điểm Nhật Bản Japan travel news, japan travel guides, japan holiday destinations and japan reviews

RELATED NEWS

Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage

Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.†They have also agreed to publish their current and planned renewable usage. The meeting was hosted by Microstrategy CEO Michael Saylor. Elon Musk and […]

Xem chi tiết: Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage

Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage

Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.†They have also agreed to publish their current and planned renewable usage. The meeting was hosted by Microstrategy CEO Michael Saylor. Elon Musk and […]

Xem chi tiết: Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage

Elon Musk Says He Won’t Sell Any Dogecoin — Admits He’s the ‘Ultimate Hodler’

Tesla CEO Elon Musk has confirmed that he has not sold any dogecoin and will not sell any as the price of the cryptocurrency continues to slide over the recent weeks. The “Dogefather†has been working with dogecoin devs “to improve system transaction efficiency†after Tesla suspended accepting bitcoin for payments, citing environmental concerns. Elon […]

Xem chi tiết: Elon Musk Says He Won’t Sell Any Dogecoin — Admits He’s the ‘Ultimate Hodler’

Elon Musk Says He Won’t Sell Any Dogecoin — Admits He’s the ‘Ultimate Hodler’

Tesla CEO Elon Musk has confirmed that he has not sold any dogecoin and will not sell any as the price of the cryptocurrency continues to slide over the recent weeks. The “Dogefather†has been working with dogecoin devs “to improve system transaction efficiency†after Tesla suspended accepting bitcoin for payments, citing environmental concerns. Elon […]

Xem chi tiết: Elon Musk Says He Won’t Sell Any Dogecoin — Admits He’s the ‘Ultimate Hodler’

Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues

Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.†Tesla Stops Accepting Bitcoin Tesla CEO Elon Musk announced on Twitter Wednesday that his electric car […]

Xem chi tiết: Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues

Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues

Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.†Tesla Stops Accepting Bitcoin Tesla CEO Elon Musk announced on Twitter Wednesday that his electric car […]

Xem chi tiết: Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues

Elon Musk Sees Dogecoin as ‘Stimulus for People Kicked by Pandemic’ but Says ‘Please Invest With Caution’

Spacex and Tesla CEO Elon Musk sees dogecoin as his “private stimulus for the people†that represents “legit hope for people†hit by the coronavirus pandemic. While the price of dogecoin has been pumping alongside a number of other cryptocurrencies, Musk cautioned, “Cryptocurrency is promising, but please invest with caution.†Elon Musk Sees Dogecoin as […]

Xem chi tiết: Elon Musk Sees Dogecoin as ‘Stimulus for People Kicked by Pandemic’ but Says ‘Please Invest With Caution’

Elon Musk Sees Dogecoin as ‘Stimulus for People Kicked by Pandemic’ but Says ‘Please Invest With Caution’

Spacex and Tesla CEO Elon Musk sees dogecoin as his “private stimulus for the people†that represents “legit hope for people†hit by the coronavirus pandemic. While the price of dogecoin has been pumping alongside a number of other cryptocurrencies, Musk cautioned, “Cryptocurrency is promising, but please invest with caution.†Elon Musk Sees Dogecoin as […]

Xem chi tiết: Elon Musk Sees Dogecoin as ‘Stimulus for People Kicked by Pandemic’ but Says ‘Please Invest With Caution’

Elon Musk Confirms He Owns Bitcoin, Has Not Sold Any — Tesla Intends to Hold BTC Long Term, Sold Some to Prove Liquidity

Elon Musk Confirms He Owns Bitcoin, Has Not Sold Any — Tesla Intends to Hold BTC Long Term, Sold Some to Prove Liquidity

Tesla Begins Accepting Bitcoin — Elon Musk Says BTC Payments Will Not Be Converted to Fiat Currency

Elon Musk Bitcoin Giveaway Scam Costs This Man BTC Worth $600K

Elon Musk Says Holding Bitcoin Is Less Dumb Than Cash, Disputes Peter Schiff’s Claims About Money and BTC

Elon Musk’s Tesla Faces Scrutiny Over Potential Conflict of Interest in $1.5 Billion Bitcoin Purchase

Elon Musk Could Face SEC Investigation Over Tesla’s Bitcoin Buy, Lawyers Warn

Elon Musk Supports Bitcoin, Says BTC on the Verge of Broad Acceptance

Other Articles