This telephone has too many shortcomings to be seriously considered as a means of communication - Western Union memo, 1876
BITCOINS WILL SEND Facebook's rowing twin Winklevoss brothers into outer space.
The brothers, who staked a claim on Facebook and are handy with oars, cannot resist the opportunity to spend Bitcoins at Richard Branson's Virgin Galactic.
Tyler Winklevoss has waxed poetical about the possibilities. "Cameron and I have decided to use our Bitcoin to take the plunge, or rather propulsion, into space," he wrote. "Why? Because Bitcoin and Sir Richard Branson's Virgin Galactic are two technologies that meaningfully represent our focus at Winklevoss Capital - the reduction of pain-points and friction in an effort to build a better world."
Tyler Winklevoss reckons that his and his brother's Bitcoin funding tour continues a tradition that can be traced back to Marco Polo and his adventures on the silk road, and even to Christopher Columbus.
"Such stories of inadvertent and iterated accomplishment are all too familiar in the spheres of exploration and innovation," he wrote.
"They demonstrate how the building blocks of human discovery are not necessarily brilliance and perfection, but rather, the courage to fail and persistence to keep on trying."
Also apparently similar to the twins spending virtual currency on a trip into a space with a bearded entrepreneur are Vasco da Gama, Nicolaus Copernicus, Ferdinand Magellan, Sir Edmund Hillary and Neil Armstrong
"Today, we see an independent technological infrastructure being built that allows these courageous entrepreneurs to risk their greatest human resources - their time, intelligence, extraordinary energy, and hard-earned capital - in modern attempts to achieve the unachievable, unconstrained by the technologies and boundaries of generations past," Tyler added.
"It is in this vein that Cameron and I contemplate our tickets into space - as seed capital supporting a new technology that may forever change the way we travel, purchased with a new technology that may forever change the way we transact."
While providing a means of sending two twins into space is a great thing, Tyler said that he and Cameron will be part of something at the beginning and that this makes him glad.
"I am thankful that the desire to build beyond what we have inherited and push beyond our own preconceived barriers, are fundamental human traits, and when realized, engender the truest sense of accomplishment," he said.
"These traits are responsible for every human breakthrough and advancement since the dawn of mankind. They are why we are still here on our planet today, and why we stand a chance of being here tomorrow... or on Mars. When we can, Cameron and I will always do our best to support them."
Visionary stuff, innit. µ
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