TechHive: Fly to space with digital dollars: Virgin Galactic now accepts Bitcoins

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thumbnail Fly to space with digital dollars: Virgin Galactic now accepts Bitcoins
Nov 22nd 2013, 19:33, by Hayden Dingman

Sir Richard Branson, founder of Virgin Group, announced Friday that trips to suborbital space aboard Virgin Galactic can now be paid for in Bitcoin, in a move that strongly resembled that one teen film where the popular quarterback takes that sort of weird girl to prom and then everyone finds out she's secretly really awesome.

"There are a lot of people who got into Bitcoin quite early on who've made quite a bit of money and are also interested in going to space," Branson told CNBC's Squawk Box.

The first of these people? A flight attendant in Hawaii who already paid for her $250,000 Virgin Galactic flight in bitcoin.

"There's not a lot of risks for us as a company, taking Bitcoin, and I think it's fascinating to watch," Branson continued. Upon receiving a payment in Bitcoin, Virgin converts the entire amount into dollars. That way, the company can still refund the customer's money even if he or she decides not to go to space.

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