Elon Musk really wants to send a satellite “To the Moon” with DogECoin
SpaceX now accepts Dogecoin in payment to launch an upcoming satellite called DOGE-1 right towards the Moon, “To the Moon”.
The DOGE-1 is a cubesat designed to acquire "space-lunar intelligence" using on-board cameras and sensors. The funds are raised by a company called Geometric Energy Corporation which will use a Falcon 9 rocket in the first quarter of 2022.
Dogecoin will be used as the sole means of payment by Geometric. Curious is that Elon Musk is the coin's highest-profile proponent, tweeting Dogecoin memes and referring to himself as the "Dogefather" and advertising him (more or less) on Saturday Night Live, or partially shaming him. Investors like to say they can send Dogecoin's value "to the moon" !!
That said, SpaceX made a positive announcement on the theme: "We are thrilled to launch DOGE-1 to the Moon!" SpaceX vice president of commercial sales Tom Ochinero said.
The announcement appears to be written to counter that non-positive narrative made by Musk at SLN. Indeed, the spokesman said the partnership lays "the foundation for interplanetary trade". And the CEO of Geometric Energy Corporation says the transaction "consolidated DOGE as a unit of account for the lunar space business." The press release goes on to state that Dogecoin is "sophisticated enough to fully fund a trade mission to the Moon" and that it will be used for all lunar business between the two companies. (Musk's other company Tesla recently began accepting car purchases in Bitcoin.) One way to pretend to value DogEcoin in these bilateral transactions. As long as the game lasts everyone will be happy. Then someone will cry.
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The article Elon Musk really wants to send a satellite "On the Moon" with DogECoin comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/elon-musk-vuole-mandare-veramente-un-satellite-le-sulla-luna-con-dogecoin/ on Sun, 09 May 2021 19:00:07 +0000.