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You Won’t Believe the CRAZY New Way to Moon Your Crypto: Spacecoin XYZ Launches Plan for Orbital Blockchain Network That’s Totally Not a Recipe for Disaster

BlockchainCrypto NewsRegulation/Negotiation Barry Thompson November 2, 2024

A futuristic, space-themed illustration of a satellite network orbiting the Earth, surrounded by cryptic blockchain-inspired circuitry and neon lights, conveying an otherworldly sense of innovation and technological advancement. In the foreground, a stylized representation of a celestial map with stars and planets, subtly hinting at the 'space economy' concept being discussed in the article.

Space, schmace – the latest crypto moonshot involves launching a blockchain network in outer space because apparently that’s where all the good money goes these days. Spacecoin XYZ has unveiled plans to create an ‘armageddon-proof’ decentralized physical infrastructure network (DePIN) using nanosatellites in orbit around our lovely planet. Because what could possibly go wrong with putting sensitive data and transactions out of reach from, you know, actual humans? I mean, who needs Earth’s regulatory bodies or law enforcement when you’ve got a satellite-based blockchain?.

Source: cointelegraph

Spacecoin XYZ unveils plans for first blockchain network in outer space
https://cointelegraph.com/news/spacecoin-xyz-launches-blue-paper-decentralized-blockchain-platform-in-space
Spacecoin XYZ — a crypto satellite startup — proposed a new method for launching an extra-terrestrial blockchain network that could enable a future “space economy” and outlast humanity in the event of an apocalypse. In its Nov. 1 Blue Paper, Spacecoin outlines a way to launch a decentralized physical infrastructure network (DePIN) using a fleet of nanosatellites in space — something that its co-founder Daniel Bar told Cointelegraph will lay […]

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About the author

Barry Thompson

Barry’s crypto nightmare began when he bought Bitcoin at $3, thinking he’d stumbled upon the financial opportunity of a lifetime. He sold his stash at $100, only to watch in dismay as Bitcoin soared to absurd heights. Now, Barry channels his rage into scathing articles about the crypto circus, seething with resentment at the digital gold rush he barely missed. His motto: “I sold out at $100, but the joke’s on me because the real joke was believing in this absurd circus.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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