Scientists Invent "Space Currency"

Yeah…I’m not making that up. This BBC article points us toward foreign exchange company Travelex, who is really thinking ahead. They hired a group of scientists from the National Space Centre and the University of Leicester to create “space money”. Why? Well…let’s let them explain it.

“None of the existing payment systems we use on earth – like cash, credit or debit cards – could be used in space,” said Professor George Fraser from the University of Leicester.

“Anything with sharp edges, like coins, would be a risk to astronauts while the chips and magnetic strips used in our cards on Earth would be damaged beyond repair by cosmic radiation,” he added.

The scientist continued: “With an inflatable space hotel, from Bigelow Aerospace, under development in the US, and Virgin Galactic developing SpaceShipTwo, there will be better access to space than there has been.

“In the fullness of time we will have to adopt a universal currency if we are going to carry out serious commerce in space. It’s an interesting initiative.”

Travelex is firmly behind it stating, “It’s only a matter of time before people will be walking up to our shops and asking for Quids for their two weeks in a space hotel.”

Currently the space currency is trading at £6.25 to the Quid.

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