Bitcoin (BTC) is quite literally heading to the moon. A special mission, carrying a crypto wallet loaded with 1 BTC, has embarked on its journey aboard the Vulcan Centaur lunar rocket.
The physical Bitcoin, along with the space crew, is being transported by Astrobotic Technology's Peregrine-1 spacecraft. After detaching from the Vulcan Centaur rocket, Peregrine-1 is set for a moon landing on February 23rd.
Did you know?
Want to get smarter & wealthier with crypto?
Subscribe - We publish new crypto explainer videos every week!
What is an Automated Market Maker in Crypto? (Animated)
The journey, orchestrated by crypto derivatives exchange BitMEX, is a first-of-its-kind mission to place a physical Bitcoin on the moon.
BitMEX announced this extraordinary venture on May 18th, 2023, revealing that the physical Bitcoin doubles as a functional crypto wallet with at least 1 BTC.
In a unique move, BitMEX has equipped the Bitcoin wallet with a public vanity address. This feature allows the public to track and contribute additional Bitcoin, creating a communal aspect to the mission.
The wallet, as BitMEX stated, is a "registered payload on the Peregrine-1 manifest" and will remain on the lunar surface indefinitely, waiting for potential future retrieval.
This mission, named Peregrine Mission One after one of Earth's fastest birds, is notably the first US lunar landing mission since the historic Apollo program. The Apollo program made history in 1969 by sending the first humans to the moon.
BitMEX CEO Stephan Lutz commented on the significance of this mission. He views it not just as a major milestone in space exploration but as a pioneering step towards establishing a monetary system for space economies.
Lutz referred to the moon-bound Bitcoin as a "time capsule," symbolizing a key milestone in human technological achievement.
I’m excited to see what lies ahead for decentralized finance where financial systems transcend earthly boundaries and empower individuals across the cosmos.
In a groundbreaking fusion of space exploration and cryptocurrency, a special mission has successfully sent a Bitcoin wallet containing 1 BTC to the moon. This initiative, led by BitMEX, not only marks a significant technological achievement but also symbolizes the expanding potential of cryptocurrencies beyond Earth.
