Richard Branson: You Can Now Fly to Space Using Bitcoins

GF01  Glide Flight- 1st test flight of SpaceShip2

Okay, I know we did something yesterday about a Subway that takes bitcoins, but now there’s something you can buy that’s way better than a sandwich – a trip to space!  In a Virgin blog post today, Richard Branson announced that Virgin Galactic will now accept bitcoins for a chance to be an astronaut:

“Virgin Galactic is one of the universe’s most exciting, futuristic companies. Bitcoin, the virtual currency, has really captured the imagination recently as one of the world’s most innovative businesses looking to the future. So we think it is about time Virgin Galactic customers can choose to pay with bitcoins”.

A flight on Branson’s rocket ships currently costs $250,000, but with bitcoin rates topping out at $900 these days, that number isn’t looking too far fetched. Virgin Galactic’s SpaceShipTwo will take astronauts into space for a total of six minutes of weightlessness within a two hour flight. Now that trip costs around 322.5 bitcoins.

In the post, Branson highlights one future astronaut, a female flight attendant from Hawaii, who has already purchased her ticket with bitcoins. He goes on to explain the significance and potential of bitcoins, which he has invested in, and the new wave of mobile applications like Square and Clinkle, a mobile wallet app, both of which Branson has also invested in.

Digital currencies and mobile online banking? I hope you entrepreneurs are taking note because the playing field has been changing and it’s only getting crazier.

Source: Virgin

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