Pay Your Virgin Galactic’s Ride Into Space with Digital Money – Bitcoins

Sir Richard Branson, the business tycoon behind the Virgin conglomerate has announced on its website that, his commercial ride into space will accept bitcoins as a payment. He called it “a new exciting currency.” Earlier, he also revealed that one passenger, known only to be a flight attendant from Hawaii, already became the world’s first Bitcoin paying astronaut and stated that he expects “many more to follow in her footsteps.” It was transferred into actual dollars so there’s a fixed price, he added, and “we can actually pay her the money back if she changes her mind about going to space in a few months.”
Now reserve a seat on Virgin Galactic with Bitcoins Future Virgin Galactic’s travel to space will cost you $250,000 each, or you can pay it with digital money – about 322 bitcoins, based on a rate of $775 each. Branson became an early investor in bitcoin himself saying that he found it “fascinating how a whole new global currency has been created.” Here is how it works: Bitcoin has been called a cryptocurrency because it is decentralized and uses cryptography to control transactions and prevent double-spending, a problem for digital currencies. Once validated, every individual transaction is permanently recorded in a public ledger known as the blockchain. Payment processing is done by a network of private computers often specially tailored to this task. The operators of these computers, known as “miners”, are rewarded with transaction fees and newly minted Bitcoins. Bitcoins are stored by associating them with addresses called “wallets”. Wallets can be stored on web services, on local hardware like PCs and mobile devices, or on paper print-outs. Thefts of bitcoins from web services and online wallets have been covered in the media, prompting assertions that the safest way to store bitcoins is in secure paper wallets.      

Sir Richard Branson and NBC Reality TV Show Send Winner Into Space

Sir Richard Branson’s Private Necker Island is Back in Business, so the Virgin Chief Executive can be relieved. Famous English business magnate and investor now has enough time for new exploits, such as last partnership with US television broadcaster NBC to launch a TV reality show in which the ultimate prize will be a trip into space. Reality TV king Mark Burnett and the founder of Virgin Group will work together on Space Race – an elimination competition that will pit people against each other. New reality series to send winner into space They will compete for The ultimate prize – a trip for the winner into space on Virgin Galactic’s Spaceshiptwo for a life-changing experience few people have ever enjoyed, all captured on camera. This new exciting show which is the similar format to Mark’s famous “Adventure Race” show, will take place in the commercial spaceline’s home at Spaceport America in New Mexico, the departure point and training and preparation center for space flights. Sir Richard Branson said in statement: “Virgin Galactic’s mission is to democratize space, eventually making commercial space travel affordable and accessible to all. ‘Space Race’ allows us to extend this opportunity of a lifetime to as many people as possible right at the start of our commercial service – through direct experience and television viewing. “All of us at Virgin Galactic and our partner Aabar Investments are delighted to be collaborating with NBC and Mark, who is a true pioneer and creative force in television programming.”