Jakarta, Pintu News – Blue Origin, the space company founded by Jeff Bezos, recently announced that it will start accepting payments in Bitcoin (BTC) and several other cryptocurrencies.
The move comes in response to the growing demand for easy and secure digital payment options. The partnership with Shift4 Payments allows customers to use cryptocurrencies and stablecoins to purchase tickets for space travel.
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Starting today, consumers can use Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Tether (USDT), and USD Coin (USDC) to pay for rides on New Shepard, one of Blue Origin’s spacecraft. Customers can also use popular digital wallets such as MetaMask and Coinbase to make transactions.
Blue Origin states that this new payment option is already available for all upcoming commercial flight bookings. The ease of crypto transactions is expected to attract more customers who want efficient and secure payment solutions.
Alex Wilson, Head of Crypto at Shift4, emphasized that the crypto asset class, now valued at $4 trillion, has unlimited potential in today’s payments ecosystem.
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Crypto payments offer financial benefits to both consumers and merchants. With lower transaction fees compared to traditional payment methods such as credit cards, the use of crypto can significantly reduce operational costs. It also provides additional security through the blockchain technology that underpins cryptocurrencies.
Moreover, the use of cryptocurrencies in large transactions such as the purchase of tickets to the skies demonstrates the wider acceptance and integration of this technology in mainstream economic activities. It also reflects the growing confidence in the stability and reliability of cryptocurrencies as a means of transaction.
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While Blue Origin has begun accepting crypto payments, SpaceX, Elon Musk’s space company, has been crypto-connected but has yet to offer this payment option.
SpaceX is known to have 8,285 BTC ($996 million) as reserve assets. Although Tesla, another company led by Musk, used to accept Bitcoin (BTC) as payment, they have stopped this practice.
Blue Origin’s involvement in crypto marks Jeff Bezos’ company’s first major step in adopting this technology, in contrast to Amazon which has yet to accept crypto payments or have digital assets as backup assets. This move might trigger more companies in the space industry to follow suit.
By introducing crypto payment options, Blue Origin is not only expanding the accessibility of their services but also supporting the growth of the crypto ecosystem as a whole.
This shows an evolution in the way major companies view and integrate crypto technology in their business operations. This move is expected to bring significant changes in the payments and space industry in the future.
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