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Virgin Galactic now accepts Bitcoins

RATE THIS! +19
Posted in Science on 25th Nov, 2013 12:52 AM by AlexMuller

Billionaire Richard Branson announced this morning that his commercial space flight venture, Virgin Galactic, will now accept Bitcoins as payment.

 

Don’t expect a discount, though. You’ll still need to shell out $250,000 worth of Bitcoins to book a ticket for one of Virgin’s sub-orbital flights.

 
Branson revealed that one (very smart) flight attendant from Hawaii has already booked her Virgin Galactic flight with Bitcoins.
 
The announcement comes after Bitcoin’s value has reached absurd heights over the past few weeks. A single Bitcoin has gone from being worth around $10 two years ago to around $760 at the time of this post. This week, Bitcoin prices briefly reached $900 before settling in under $800 steadily. A university based in Cyprus also announced that it will accept Bitcoins for tuition payments.
 
“The lack of transparency from Bitcoin’s founders has attracted some criticism, but its open source nature means anyone can audit the code,” Branson wrote in a blog post today. “It is a brilliantly conceived idea to allow users to power the peer-to-peer payment network themselves, providing control and freedom for consumers.”

Tags: spacecommercial spaceflightVirgin GalacticBitcoin

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