Boldly spend with PayPal Galactic

29 June 2013 by Steve Blum
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What fun would moon golf be without a friendly wager?

There’s more than a whiff of publicity stunt about it, but even so, the launch by PayPal and the SETI Institute of a project to create a payment system that can be used in outer space is a fascinating idea. The initial problem they want to address is creating a medium of exchange for the space tourism industry.

Elon Musk, one of PayPal’s founders, is also behind SpaceX, which makes real rockets that are already sending cargo into orbit and should soon be capable of transporting people too.… More