🚀 Can Bitcoin Hit the Runway to Mars? Let’s Find Out! 🛸

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Apparently, we’re close to sending Bitcoin from Earth to Mars in a mere three minutes. If you’re thinking, “But who’s there to cash out?” Well, someone, something, or maybe an intergalactic Bitcoin ATM is needed. 🤔

Not long ago, tech entrepreneurs Jose and Carlos Puente – I mean, how fun is it to share a surname with your tech sidekick – dropped a bombshell in a white paper. They introduced Proof-of-Transit Timestamping (PoTT), which may just be the thing that gets Bitcoin hopping between planets. It’s almost like Bitcoin is catching its first space mojo. đź’«

The genius idea is if someone sends Bitcoin to Mars, it’ll bounce through antennas, satellites, or a relay circling the Moon, kind of like those chain emails that make you angry but you just can’t hit delete. At each stop, the Bitcoin package gets stamped. Just think of it like a very sci-fi version of Undercover Boss, but with less awkwardness and more lasers. 🕹️✨

Puente revealed that PoTT acts as Bitcoin’s “receipt layer,” even partying on the Lightning Network. For the love of Star Trek, it’s like beaming up with optical links from NASA, Starlink, or whatever Elon’s got up there. And here’s the kicker: “The tech is ready! Wait for a stable link, and bitcoin goes international… across planets!” Spoiler alert: Mars’ blackout period isn’t a deal-breaker because satellites can just moonwalk around the Sun like they’re in some cosmic ballet. 🌞🌒

“By simulating Mars-level delays, a full demo could be run right now.” Let’s just hope it doesn’t end in a more Galactic Empire-style disaster.

Bitcoin on Mars Image

Once up and running – assuming no Star Wars-style saboteur puts it out of operation – Bitcoin Lightning could zip across to Mars in as little as three minutes, though worst-case scenario might have you waiting 22 minutes. Think of it as Bitcoin’s interplanetary express. đź•’

Reflecting on past milestones, in 2018, Blockstream started an early Martian telegram series, connecting Bitcoin to satellites. Then, by August 2020, Spacechain proved BTC transactions could work from the ISS. That’s orbiting Bitcoin! 🛰️

🚀 8 years of #Bitcoin in orbit. @Blockstream Satellite beamed Bitcoin info from space, reaching the planet for free. From Earth to orbit… to everywhere. Thank you, @adam3us! ⚡

For a Martian Bitcoin transaction, we need a miner, so to speak, on Mars. For now, rovers are the only miners digging up intel there. Whoever makes it must agree to hail and hearty Bitcoin transactions. Blue Origin made it to the Kármán line, but their wallets are still anchored to Earth. 🚀

Musk’s SpaceX aims for a Mars colony by the late 2020s. Guess what? He’s on board for a plan-ahead money system. Earlier, he fretted over Bitcoin’s delay in making friends with block times, but LoL to Lightning Network to the rescue, according to Puente. “PoTT plus Lightning give Musk the ambition of interplanetary speed and global settlement!” 🌌

After an initial standoff, Musk conceded Lightning Network’s interplanetary payment plans might make sense. Gasp! It’s like seeing Darth Vader hit the light in the final act, only with less dramatic redemption. 🤖

Mars settlement image

“For a multi-planet society, we want open, neutral money, unshackled from any one company or government,” Puente championed Bitcoin as the universal currency, complete with interplanetary po-stamp evidence. 🧡

“That’s why Bitcoin becomes the common currency, ensuring accountability and independence, even across the cosmos!”

Puente cheekily pointed out PoTT isn’t picky – it could tag receipts to anything within a star’s habitable zone. Cosmic travel forward, cosmic travel back. For this cosmic debut, we’re focusing on Earth and Munchkinland (a.k.a. Mars) as the practical entrĂ©e.

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2025-09-11 09:17