Posted: 21 Mar 2015 10:00 PM PDT
Burgeoning US space monitoring capabilities may one day be used to
protect off-planet money launderers from Chinese rockets. But putting
digital money into space-based data centers not only puts it out of
reach from thieves, it's also out of jurisdiction from law enforcement.
In other words, the Air Force could one day soon be on the hook to
protect a hive of money laundering in space. Bitcoin data servers in
space sounds like a random mashup of tech buzzwords. In fact, it's a
real business model. Bitcoins are encrypted digital currency tokens.
Jeff Garzik, one of only five people on the planet responsible for
maintaining the bitcoin codebase and founder of the space startup
Dunvegan Space Systems, or DSS, announced this month that his company
had partnered with Deep Space Industries to acquire craft to ferry 24
small satellites into space.
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