News > Elon Musk Believes Future Mars Economy Is Going To Be Based On Cryptocurrencies

Elon Musk Believes Future Mars Economy Is Going To Be Based On Cryptocurrencies

SpaceX founder Elon Musk has said that any future economy on Mars could be cryptocurrency-based. While responding to a Twitter thread started by AI researcher Lex Fridman, Musk agreed the Martian economy "will run on crypto”. He also suggested that it could be with the novelty cryptocurrency dogecoin or fringe cryptocurrency “Marscoin”.

Dogecoin could also be a more likely candidate, given it continues to be relatively popular and even shares many of the same decentralised attributes as bitcoin.