BitMEX Takes Bitcoin to New Heights: 1 BTC Enroute to the Moon on Vulcan Centaur
Summary:
A crypto wallet with 1 BTC, arranged by crypto derivatives exchange BitMEX, is on a voyage to the moon aboard the lunar rocket Vulcan Centaur. This marks the first physical Bitcoin to explore space, with BitMEX’s aim to create a monetary system for a potential space economy. Once separated from the rocket, the Bitcoin, transited by Astrobotic Technology's spacecraft Peregrine-1, is set to land on lunar soil in mid-February. The wallet's public vanity address has also been made public, inviting additional BTC contributions.
A crypto wallet holding a single Bitcoin (BTC) is currently on a voyage to the moon, hitching a ride on the lunar rocket, Vulcan Centaur. This mission, which rocketed off from Cape Canaveral Space Force Station, anticipates landing on the moon's surface by the middle of February. The journey is being livesteamed on Twitch, allowing the public to follow along on this astronomical adventure.
The interstellar journey of Bitcoin was arranged by the crypto derivatives exchange, BitMEX. Their announcement in May of 2023 revealed that a physical Bitcoin — doubling as a crypto wallet complete with 1 BTC — would literally take cryptocurrency to new heights. They also disclosed the wallet's public vanity address, inviting the public to augment its value with additional contributions of BTC. The Bitcoin coin will be a part of the Peregrine-1's payload and will stay on the moon until an ambitious individual arrives to retrieve it.
The mission's next stage will see the separation of the physical Bitcoin from the rocket while being transported by the Peregrine-1, a spacecraft provided by Astrobotic Technology. If no unexpected setbacks occur, the lunar landing is planned for February 23.
Peregrine mission one, named after one of Earth's fastest creatures, is a landmark event as it will mark the first American lunar touchdown since the Apollo program in the 1970s. BitMEX's CEO, Stephan Lutz, has expressed pride in the mission's role both in advancing space exploration and in being a first step towards facilitating a monetary system for an extraterrestrial economy.
Lutz offers an intriguing insight, suggesting that the journey of Bitcoin to the moon serves as a time capsule representing a major innovation milestone. He envisions a future where decentralized finance transcends terrestrial constraints, empowering people across the universe.
BitMEX's lunar endeavor plays off a well-known phrase in crypto circles - "to the moon." This saying is typically used by traders and enthusiasts expressing their bullish predictions and aspirations for their crypto investments.
Published At
1/9/2024 11:08:25 AM
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