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BitMEX's Plan to Send 1 Physical Bitcoin (BTC) to the Moon: A Step-by-Step Guide

BitMEX’s Plan to Send 1 Physical Bitcoin (BTC) to the Moon: A Step-by-Step Guide

The BitMEX Bitcoin Lunar Mission

BitMEX exchange is set to make history with its upcoming mission to send a physical Bitcoin (BTC) to the moon. In collaboration with Astrobotic, Bitcoin Magazine, and Oxcart Assembly, the mission is scheduled for January 8 at 02:18 am ET. The objective of this mission is to demonstrate how Bitcoin can revolutionize payments beyond Earth. Additionally, it will mark the first Western soft lunar landing since NASA’s Apollo 17 mission in 1972.

To achieve this, BitMEX plans to create a physical coin weighing 43 grams with a market value of $45,000 as of January 8, 2024. The coin will be integrated into the Peregrine-1 commercial lunar lander, which will be launched by the United Launch Alliance (ULA) Vulcan rocket from Cape Canaveral Space Force Station in Florida. The entire lunar orbit phase will be televised for seven days.

“Perfectly preserved for future generations, the Bitcoin on the Moon is a time capsule that captures one of the most significant human innovations and technological advancements. This decisive leap forward is just the beginning of a new era,” said BitMEX CEO Stephan Lutz.

The Doge-1 Lunar Mission

The crypto community is increasingly interested in space exploration as the next frontier of technological evolution. In line with this, the Dogecoin community is funding a lunar mission in collaboration with Geometric Energy Corporation. The mission involves sending the Dogecoin logo to space and has secured all necessary licenses, including approval from the United States Federal Communications Commission (FCC).

This joint effort by Dogecoin and Bitcoin to reach the moon sets a precedent that may inspire other Web3.0 entities in the future.

Hot Take: Bitcoin and Dogecoin Reach for the Stars

BitMEX’s plan to send a physical Bitcoin to the moon and the Dogecoin community’s lunar mission represent significant milestones in the convergence of cryptocurrency and space exploration. These endeavors showcase the potential for digital currencies to revolutionize payments beyond Earth and highlight the growing interest in space-related projects within the crypto ecosystem. As Bitcoin and Dogecoin reach for the stars, they pave the way for future innovations and technological advancements that could shape the future of finance and beyond.

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BitMEX's Plan to Send 1 Physical Bitcoin (BTC) to the Moon: A Step-by-Step Guide