'PayPal Galactic' Launches So You Can Buy Stuff in Space 'PayPal Galactic' Launches So You Can Buy Stuff in Space
- Most Read
Calling All Feminist Comic Artists And Illustrators: The U.N. Wants You!by Rafi Schwartz
20 Badass Women Who Destroyed Stereotypes and Inspired Future Generationsby Craig Carilli
A Film About Cancer That is Also About Youby Joshua Neuman
Slashing Calories From Rice (Without Downsizing Your Portions)by Caroline Pham
Werner Herzog Motivational Posters are the Best Thing on the Internetby Laura Feinstein
The Sweet Science of Candy Anatomyby Jed Oelbaum
14 Stunning Finalist Photos from the World Photography Awardsby Adam Albright-Hanna
Is Extreme Plastic Surgery a New Type of Beauty?by Adam Albright-Hanna
This App Makes Your Phone Buzz When You Approach Places Where Women Made Historyby Isis Madrid
'PayPal Galactic' Launches So You Can Buy Stuff in Space
by Meghan Neal
There's a lot of buzz these days about space tourism—even space colonization someday. It's coming. In many ways, it's already here. Wealthy adventurers have paid millions to orbit Planet Earth, and forward-thinking firms are designing hotels for the final frontier.
Someday, regular Joe Schmos will be vacationing on the moon, buying astroid souvenirs, staying at the swanky Milky Way Hotel.
Rest assured when that day comes, Paypal will be ready. In a wildly optimistic move (or publicity stunt, depending on how cynical you are), the company has announced Paypal Galactic, a forthcoming service for extraterrestrial e-commerce.
It's not as crazy as it sounds. If and when space travel does blow up—PayPal President David Marcus predicts "in a decade or so"— someone will have to facilitate the inevitable subsequent cosmic-commercialization. And, as Marcus put it, “We want to make sure that PayPal is the preferred way to pay from space and in space."
So far, they are leading the market. OK they are the market—maybe because PayPal jumped the gun on this by nearly a decade. Still the company, now owned by eBay, is pulling out all the stops. It's partnering with the Search for Extraterrestrial Intelligence (SETI) Institute, the Space Tourism Society, and even got Buzz Aldrin to make a statement for the announcement.
The rich and famous have their sights set on space. Visiting Mars is the life dream of Elon Musk, who, fittingly, was a cofounder of PayPal before founding SpaceX. Silicon Valley stars like Larry Page, Sergey Brin and Jeff Bezos are throwing money behind the quest to go to the final frontier, while Hollywood stars like Brad Pitt, Justin Bieber, and Ashton Kutcher are lining up to take the voyage. First come the celebs, then the commerce.
It will interesting to see how this plays out. A virtual currency? Cosmic coins? Simply an interplanetary infrastructure for charging credit cards? PayPal itself doesn't have the answers, but you have to give them credit for asking the questions.
“The one thing that’s very clear is that you’re not going to be using cash in space," a spokesperson told Mashable. "There’s not going to be security shuttles picking up notes and change.”
For more insight into what on earth (or, not on Earth, as it were) PayPal is thinking, check out the announcement video:
A Handy Primer on Jon Stewart’s Daily Show Replacement, Trevor Noah Get to know the witty South African comedian with these interweb gems.
Culture Isis Madrid
This Is How You Destroy A Heckler. Mention Your 13 Years Of Hard Work. Comedian Hannibal Buress’ successful attempt at shutting up an obnixoius drunk
Culture Adam Albright-Hanna
Palestinian Hip-Hop Group DAM Has a Message for the Patriarchy “Who Are You?” is a pointed critique of both everyday gender inequality and fairweather “make believe” feminists.
Culture Rafi Schwartz
Seattle Public Art Project Only Appears When It Rains... ...So, basically all the time.
Design Laura Feinstein
Indiana Governor Doesn’t Get Why People are Angry Over Anti-Gay Law He says that he would have “vetoed it” if he thought it was discriminatory.
News Tasbeeh Herwees
Police Offer Safe Spaces For Craigslist Exchanges Horrific crimes point to the need for better protocols in internet-initiated deals.
News Jed Oelbaum
A Film About Cancer That is Also About You An Interview with Ken Burns The world’s most celebrated documentarian takes on the “emperor of all maladies.”
Culture Joshua Neuman
Being Batman Has Never Been Easier A step-by-step guide to becoming a real-world superhero
Culture Rafi Schwartz
Austin Landlord Who Demolished Piñata Shop for SXSW Party Forced to Resign from Company He Co-Founded The Little Guy: 1, Gentrification: 0
News Isis Madrid
Republican Congresswoman’s Attempt to Publicly Shame Obama Backfires Hilariously Not everyone belongs on Facebook.
Culture Craig Carilli
Find the latest issue of GOOD magazine Search retail locations near you that are carrying the latest issue of GOOD magazineFind the latest issue of GOOD magazine
Founder’s Letter GOOD’s creative director and co-founder Casey Caplowe reflects on the history of GOOD and what lies in store for the future
Lifestyle Casey Caplowe