Could Elon Musk be preparing a cryptocurrency for the inhabitants of Mars?

If all goes well, SpaceX will send its spacecraft to Mars within two years, but Elon Musk is already thinking about launching a cryptocurrency for the inhabitants of the red planet.

According with the doctor. Robert Zubrin, founder and president of the Mars Society, there are three reasons why “Mars should be the target of all space programs”.

“In short, Mars is the [planète] where is the science. This is where the challenges lie and this is where the future lies. In 500 years, people will no longer remember the factions that dominated Iraq, Syria or elsewhere. They will remember what we did to make their civilization possible. This is the most important thing we can do right now. If you have the power to do something big and important and wonderful, go for it.”

For years, scientists have been looking for ways to make Mars habitable for humans. In order to terraform the red planet, some of them even try to cultivate their arid lands, as those who settle there will hardly have passages back.

In addition to agriculture, which has plagued the minds of scientists for several years, the next martial settlers are starting to think about the means of payment they could use on the red planet.

Elon Musk, the man who wants to live on Mars

Sending human colonies to Mars, Elon Musk’s wildest dream, may be coming true. The enigmatic billionaire, whose imagination seems limitless, even considered opening bars on Mars.

To achieve his goals, Musk plans to destroy the polar ice caps of Mars with nuclear weapons. The idea is to warm the red planet, making it more habitable for humans. In fact, CO2 trapped in the polar ice caps must eventually disperse, producing a greenhouse effect.

Repeatedly, Musk has warned that “we don’t know when something is going to happen to planet Earth.” Thus, he thinks that humanity would do well to colonize Mars before World War III. Statements that attract both criticism and praise.

So far, SpaceX has invested billions of dollars not only to colonize Mars, but to do so sustainably and profitably. And no, it’s not a sweet distant dream, because SpaceX plans to land on the red planet as early as 2024, that is, within two years.

How does Elon Musk intend to colonize the Red Planet?

So where will the SpaceX team set up shop? Close to the water. In fact, H₂O once flowed over the now barren lands of Mars. Some of that water remained trapped in the ice, which will be vital for all future colonies.

Currently, SpaceX scientists are trying to find a way to live using only the Red Planet’s natural resources.

Drilling rigs manufactured by The Boring Company (which also belongs to Elon Musk) will also be needed on Mars. These machines are currently being used to build the next underground transportation system in Los Angeles. On Mars, the tunnels will be essential to protect future human inhabitants from the bombardment of ionizing radiation.

The first dwellings will likely have to be located in deep underground man-made caves. So if you’ve dreamed of gazing at the lands of the red planet from your balcony, stay where you are.

Once the human colony has met its basic needs, Elon Musk will send Starlink satellites to Mars. These satellites currently illuminate our planet’s night sky and provide high-speed connectivity anywhere in the world, including previously inaccessible places such as the depths of the Australian Outback and even Iran.

Starlink satellites will maintain communication between the settlers of the Red Planet and the inhabitants of Earth.

But what about Teslas? Could we one day see these famous self-driving cars cruising the red lands of Mars?

The innovative Tesla batteries, which were created by SpaceX, were seen at the private spacecraft test and production base in Boca Chica, South Texas. The location was chosen by SpaceX for its proximity to Ecuador, a territory perfectly suited for large rocket launches.

Houston, we have a problem…

As humans travel to Mars, a new currency will be needed. Naturally, it will be a cryptocurrency. But which ? In a very interesting exchange with Binance’s CZ, Elon Musk shared his intention to launch a MarsCoin.

Unfortunately for Tesla’s CEO, the name MarsCoin has already been taken over by another token created in 2014 for the same reasons… In fact, the creators of the cryptocurrency in question also aimed to fund a mission in space.

Before Elon Musk’s project was revealed to the general public, it was thought that a trip to the red planet would cost around 10 to 30 billion dollars. Thus, the altcoin was designed with the aim of financially supporting the first human colony on Mars.


The MarsCoin project has already donated 400,000 coins to the Mars Society and 400,000 coins to Mars One (who do not exist anymore). Interestingly, the founders of Mars One wanted to send people to Mars and film a reality show there. At first, the project drew worldwide attention, but it was considered a suicide mission by some members of the scientific community, which pushed it to the limit. After declaring itself bankrupt, the company behind MarsOne donated its MarsCoins to the Mars Society.

A New Cryptocurrency for New Martians?

While MarsCoin is the first cryptocurrency on the red planet, it will likely be abandoned, giving way to a new SpaceX token. That said, the MarsCoin idea was undoubtedly very interesting.

The fact that token holders were able to directly fund a space mission was amazing. Matt Damon, who was “alone on Mars”, would not have said no to some MarsCoins to shop on the red planet while waiting for his potatoes to grow.

The MarsCoin project, however, has fallen by the wayside. But we are all excited to see SpaceX launch a cryptocurrency to Mars.


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