How PayPal plans to conquer extraterrestrial commerce
PayPal is teaming up with the SETI Institute, the Space Tourism Society, and astronaut Buzz Aldrin to launch the PayPal Galactic initiative. The idea behind creating a new currency for use in outer space is pretty simple: Space tourism is coming, and it’s coming soon.
"Trips to Mars, the moon, even orbit will require we provide astronauts and astro-tourists with as many comforts from home as possible, including how to pay each other," Aldrin says in a statement. "Whether it’s paying a bill, even helping a family member on Earth, we’ll need access to money."