SpaceX founder Elon Musk has mentioned that any future economic system on Mars may very well be cryptocurrency-based. Whereas responding to a Twitter thread began by AI researcher Lex Fridman, Musk agreed the Martian economic system “will run on crypto”. He additionally instructed that it may very well be with the novelty cryptocurrency dogecoin or fringe cryptocurrency “Marscoin”.
Based on The Unbiased, the Marscoin undertaking was based in 2014 and noticed a quick surge in reputation through the cryptocurrency market bull run in late 2017. Whereas the Marscoin drifted into obscurity, the altcoin, however, presently has a market cap of lower than $100,000. Dogecoin may be a extra doubtless candidate, given it continues to be comparatively well-liked and even shares most of the similar decentralised attributes as bitcoin.
Earlier, the value of dogecoin had additionally surged greater than a 3rd after Musk modified his Twitter bio to “former CEO of Dogecoin”. In the meantime, the SpaceX founder has repeatedly spoken about his ambition to journey to Mars in his lifetime. He has additionally ordered his workers to speed up the event of the next-generation Starship rocket.
SpaceX Mars Mission
Musk’s dream undertaking, SpaceX Mars Mission, is anticipated to launch individuals to the purple planet from 2024. In a latest interview, Musk had mentioned that he was planning to finish the manned Mars mission inside 2026. SpaceX is working to finalise the prototypes and so they have already ready their newest prototype known as SN8 or Serial No. 8.
The scientists are going to verify how this prototype performs. SpaceX is aiming to launch the SN8 on the pace of 15 km, which is far larger than the pace utilized by any rocket so far. The earlier three engine prototypes named Star hopper, SN5, SN6 attained a minimal altitude of 500 through the take a look at flight. The take a look at flights have been carried out prior to now 12 months. Elon Musk needs to make use of his SpaceX mission to assist humanity and likewise plans to create a “Colony of People” on Mars.