Tyler Winklevoss and his brother paid bitcoin five years ago for a trip to space with Virgin Galactic SpaceshipTwo. This spaceship belongs to billionaire Richard Branson, who also owns Virgin.
“In January 2014 I bought a bitcoin ticket to explore the universe with the Virgin Galactic. The price of 1 BTC was 800 dollars at the time. I will not make that mistake again. I was reminded of this when I sent a copy of the book “Bitcoin Billionaires” to my friend Richard Branson.
BITCOIN PIZZA MOMENT: In January 2014, I bought a ticket to space on @virgingalactic with bitcoin. The price of 1 BTC was $ 800. I won’t make that mistake again. ? I was reminded of this while sending a copy of #BitcoinBillionaires to my friend @richardbranson. #ToTheMoon ? pic.twitter.com/5mfPCVZ3Eu
– Tyler Winklevoss (@tylerwinklevoss) June 20, 2019
The twins paid $ 250,000 in bitcoin for space flight
After years of testing to make commercial flights possible, Branson says his SpaceShipTwo is finally ready to make his first journey. And that should be possible before the end of 2019.
The two brothers Winklevoss become one of the first passengers, since they already booked their flight five years ago.
In 2014, Tyler and Cameron paid $ 250,000 in bitcoin to fly 60 miles above the earth. At that time, the bitcoin exchange rate was around $ 800. The twins paid around 312 bitcoin.
Today the bitcoin rate fluctuates around $ 10,000, so if you converted that, the twins would have paid $ 3.12 million for their space trip.
Trust new technology
“Cameron and I have decided to use our bitcoin to take the leap to the moon. Why? Because bitcoin and Sir Richard Branson’s Virgin Galactic are two technologies that are meaningfully building a better world. We try to reduce both pain points and friction. “
Tyler and Cameron also wanted to show that they have faith in new technology. The spaceship had not been tested at that time, even just in the concept phase, but the twins believe that humanity should continue to push their limits. They see many parallels with the rise of bitcoin.