Bitcoin to the moon… literally!

The Bitcoin space is growing rapidly with new projects cropping up all the time. The latest of these is to send a physical Bitcoin to the surface of the moon. Thanks to an agreement between the company Astrobotic and BitMEX, a ‘Bitcoin’ will be transported to the Earth’s natural satellite. The mission, called Peregrine-1, will be piloted by NASA through its commercial services.

Bitcoin to the moon: ready for liftoff

On 4th June at the Miami Bitcoin Conference, BitMEX announced its collaboration with Astrobotic to send a Bitcoin to the moon. Based in Pittsburgh, the designer of the Peregrine lunar lander has contracts with NASA. The astronautics company is ready to send its lander to the moon in Q4 2021. According to the announcement made at the Bitcoin 2021 conference, the Peregrine-1 payload will feature a single Bitcoin.

According to some sources, Astrobotic’s next lunar mission has been in the works for several years and is expected to carry several payloads. These include a dozen commercial ones and fourteen directly related to NASA’s own activities. The cryptocurrency exchange platform BitMEX also confirmed that the mission will aim to transport scientific material to the moon.

The address of the lunar Bitcoin made public

According to the website dedicated to this initiative, launch is slated for November. The site also confirms:

“The coin will be a registered payload on the Peregrine-1 manifest, and will remain in situ on the Moon’s surface until any enterprising soul goes to collect it.”

In a statement, BitMex explains that it will mint a one-of-a-kind physical Bitcoin, similar to the Casascius coins of 2013. The company specifies that the coin will contain a ‘real’ (I.E. digital) Bitcoin with an address that will be made public. Thanks to this address, anyone interested will be able to witness its redemption or add some Sats, if so inclined.

Alex Höptner, CEO of BitMEX, expressed his enthusiasm about the Peregrine-1 project. “It’s hugely exciting to be a part of a project to explore human space presence beyond Earth,” he said. “For all the talk of bitcoin going to the Moon, we’re actually going to do it.”

“To The Moon” is usually used by Bitcoiners as a meme to show their enthusiasm for a rapid increase in price. With the Peregrine-1 mission, this meme is becoming a reality. As always, the world of Bitcoin has beautiful surprises in store for its for users…

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( Rédacteur )

Formed in the world of video games over nearly five years, I am a true geek and that have naturally lead me to the world of crypto.

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
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