Virgin Galactic Now Accepting Bitcoin

Richard Branson announced via his Twitter account that Virgin Galactic, his private spaceflight venture, will now accept bitcoin as payment, VentureBeat reported on November 22.

A single ticket for a Virgin Galactic flight costs $250,000. While the company has yet to announce the date of its first flight, Branson teased that at least one person has already bought a ticket with bitcoin.

To learn more about Richard Branson’s announcement, read the full story here. For an analysis of bitcoin and its ability to remove friction online, read our latest analysis from Karen Webster here

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