Jun 27, 2013
1,238 notes
PayPal goes galactic to answer big questions about money in space
An astronaut takes many things into space, but a wallet isn’t one of them. In humanity’s relatively limited time in space, no new commercial infrastructure has emerged. What will be the currency of outer space? How will we regulate it? Who will prosecute the inevitable fraud? With multiple plans for the colonization of Mars already in the works, issues that once seemed abstract are becoming more pressing. 

PayPal goes galactic to answer big questions about money in space

An astronaut takes many things into space, but a wallet isn’t one of them. In humanity’s relatively limited time in space, no new commercial infrastructure has emerged. What will be the currency of outer space? How will we regulate it? Who will prosecute the inevitable fraud? With multiple plans for the colonization of Mars already in the works, issues that once seemed abstract are becoming more pressing. 

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    Unbelivable
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  9. everbright-mourning reblogged this from commandersass and added:
    REALLY NOT THE PEOPLE I WANT DECIDING MONETARY POLICY IN SPACE.
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    What will be the currency of outer space? How will we regulate it? Who will prosecute the inevitable fraud? How can we...
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    SO EXCITED THAT PRACTICAL ISSUES IN SPACE TRAVEL ARE SOMETHING PEOPLE ARE THINKING ABOUT AT ALL SO BUMMED THAT THE FIRST...
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