Apr 4, 2015

This Is Why Bitcoin Is Being Launched Into Space

Posted by in categories: bitcoin, space

By Ryan Faith — Vice News
Bitcoin becomes more valuable as bitcoin transactions become more secure. That is an important thing to keep in mind when trying to understand why the hell bitcoin is being launched into space.

Why? Because what’s a more secure place for the computers processing bitcoin transactions than in orbit several miles above the earth? That’s why core bitcoin developer and founder of Dunvegan Space Systems Jeff Garzik has developed the BitSat program, which plans to launch computers on small, (relatively) cheap satellites in 2016.Read more

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