Virgin Galactic Accepts Bitcoins as Payment for Space Flights

Credit: Ken Brown
Credit: Ken Brown

Richard Branson is hoping some of the people who became rich with the run-up in the value of Bitcoin will use their new found wealth to purchase tickets to space aboard SpaceShipTwo.

In a blog post, the British Virgin Islands billionaire announced that Virgin Galactic would now accept the currency as payment.

One future astronaut, a female flight attendant from Hawaii, has already purchased her Virgin Galactic ticket using bitcoins, and we expect many more to follow in her footsteps. All of our future astronauts are pioneers in their own right, and this is one more way to be forward-thinking.

Two years ago, one bitcoin was valued at less than $10. Earlier this week  one bitcoin’s value reached $900, tripling in the past month, and a US Senate committee hearing deemed it a legitimate financial service.

Read the full blog post.