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Bitcoin Going To The Moon In 2023 Summer, Here’s What Elon Musk Says

Bitcoin to the Moon mission this summer after the Bitcoin 2023 Conference. Elon Musk said "a new space race has begun."

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Updated 19 May, 2023 | 06:02:05 AM UTC

Bitcoin is finally going to the Moon in 2023 summer. Astrobotic Technology, BitMEX, and Bitcoin Magazine have partnered to send the first physical Bitcoin to the Moon from the Kennedy Space Center in Florida this summer.

Over two years of preparation have gone into the mission to ensure the readiness of the physical Bitcoin for space flight, which has been integrated into the Moon lander Peregine-1. It was first announced in 2021

The special Bitcoin is loaded with 1 BTC, along with a public address and a private key engraved. People can interact with it from the Earth or in space by sending items such as Bitcoin Ordinals to the Moon. Along with physical Bitcoin, the Genesis Block as a tribute to Satoshi’s protocol will be displayed on a metal plate.

It is a defining moment for the crypto industry and a milestone for space exploration. This will be the first Western soft lunar landing since NASA’s Apollo 17 mission in 1972.

Stephan Lutz, CEO & Group CFO at BitMEX, said Bitcoin will live forever in space, as a monument of a world without borders where everyone can use it.

“This is not just an achievement for BitMEX, but a breakthrough in human history being the first-ever financial asset sent to space. We are excited to work with like-minded partners who share our goal to inspire all mankind to strive for a fair and equitable system of values, as analogous to that of the birth of Bitcoin: an item of value that is independent of its creators or owners, 14 years ago.

The historic moment celebration includes an auction for Bitcoin on the Moon rock, limited-edition commemorative coins and Ordinals, and other collectibles.

Public Address: 1MOONBTCIXFH3XTRWRCBMPK23O74NQRA1Q

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Elon Musk on Bitcoin Going To The Moon

When the Bitcoin to the Moon mission was announced in 2021, Elon Musk replied “A new space race has begun!” Elon Musk’s SpaceX plans to complete the DOGE-1 Mission in 2023 Q3. SpaceX was paid in Dogecoin for this mission by Geometric Energy Corp.

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Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

Published by

Varinder Singh

Updated 19 May, 2023 | 06:02:05 AM

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