[Analysis] The first law of bitcoin astronomy - Dhruv Bansal
Bitcoin and extra terrestrial language are eternally intertwined, but will bitcoin ever be used on mars? Optimistic Twitter conversations on this conversation are doused in cold water by Unchained Capital's Dhruv Bansal who argues,
"Earth will run on bitcoin but colonies on Mars, the outer planets, and distant stars will not. Though faraway colonies will value and trade bitcoin, they will choose to launch, defend and use their own local blockchains."
Inevitable communication lags between Earth and Mars, which Bansal posits will be the first large human colony sufficiently far away for significant light-lag to occur, make the "hyperbitcoinization" of Mars challenging at best. "This lag will begin as a challenge for explorers, grow into an inconvenience for colonists and, finally, a membrane separating two cultures," Dhruv summarizes."
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