Why Is Elon Musk Contemplating Bitcoin on Mars?
Elon Musk, initially skeptical, now considers using Bitcoin on Mars despite its slow transaction speed
Communication delays (up to 24 light-minutes) between Earth and Mars drive the need for solutions
Proposed solution: Implementing a localized Lightning Network on Mars for faster transactions
Musk's interest in Bitcoin for Mars mirrors his broader enthusiasm for cryptocurrencies and blockchain tech
Future plans for Musk's ventures, including the "everything app" for X, may involve integrating cryptocurrencies into the payment infrastructure.