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PayPal Spaces Out With Paypal Galactic

Posted by samzenpus on from the in-space-no-one-can-take-your-payment dept.

sl4shd0rk writes "Presuming aliens won't have terrible Ebay experiences, PayPal means to position themselves to take on payments in the cosmos: 'With our fifteen years of experience in global online payments, PayPal has a unique perspective to speak to the possibilities of an interplanetary economy.' Apparently, Paypal is taking up bedmates with Virgin Galatic along with Buzz Aldrin and the SETI Institute to allow you to 'explore the possibilities of travel' as well as tourism and commerce."

2 of 60 comments (clear)

  1. Advanced civilizations may move beyond money by Paul+Fernhout · · Score: 3, Insightful

    via Gift economies, Star Trek subsistence via 3D printing, democratic participatory planning, and more things perhaps. See also Ian Banks' Culture series, and Marshall Brain's Manna, and James P. Hogan's Voyage from Yesteryear. Still, I guess some might move towards that via a "basic income",

    --
    A 21st century issue: the irony of technologies of abundance in the hands of those still thinking in terms of scarcity.
  2. Ha! by SammyRenard · · Score: 4, Insightful

    It takes paypal nearly two weeks to transfer money from a bank account in canada to my paypal account, sometimes three weeks. If they think they'll suddenly do better in space...