![]() The blockchain is then updated-from Mars. However, the proof-of-work in generating a MuskCoin is non-algorithmic: you transmit a digital certificate for your shiny new coin to MuskBank on Mars, where it is countersigned with a string from MuskBank's One Time Pad, which was generated on and only exists on Mars. On Earth it would function as a cryptocurrency backed by the Mars colony. In terms of "Neptune's Brood", MuskCoin might be a plausible implementation of Medium Money. What are the opportunities for Musk's colony to implement its own cryptocurrency? Some of you have read Neptune's Brood, right? Shortlisted for the 2014 Hugo award, and, ahem, currently on offer for $4.99 as an ebook (North American edition only, sorry British folks). As Tesla is currently ridiculously over-valued this therefore looks like a smart way of hedging against some of their risk. I personally think this is a stunt, but an interesting one: BtC is a commodity in a bubble if it goes up, Tesla turns a profit, and if it goes down it's a tax write-off. ![]() Which brings me onto the topic of Elon Musk (okay, Tesla) recently buying $1.5Bn of BitCoins. So, a few weeks ago I was chewing over COVID19 on Mars (insert any other pandemic here), a discussion of how a Musk-initiated Mars colony circa 2070 might handle an aggressive viral pandemic.
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