5 Problems Facing Space Exploration?

5 Problems Facing Space Exploration Today?

The following 5 problems facing those who wish to get in on Space Exploration and Space Commerce must understand the current situations. Space Commerce and Space Exploration will be very lucrative businesses of the future. Providing new businesses can get funding without crippling them before they start..

Before humans can inhabit space, asteroids, the moon, Mars or any other planet we must first overcome the number one problem (end of our list), and the second biggest problem. Government always wants to complicate matters by making rules and regulations that prohibit small businesses from participating or just to get started. Rules and Regulations are necessary and must be in place but in the beginning of this industry Rules and Regulations must be in a relaxed state to help build the industry. This will encourage fast development in all areas needed to for the safety and profitability of all involved.

#5 Speed needed to travel within our Solar System

Our current speed record for space is around 38,000 mph attained by Voyager 1 & 2 was a little less. It took 35 years for them to reach the edge of our solar system. The speed that we need to attain is 10 to 20 million mph this will allow us to get to edge of our solar system in four months or less. At that speed we encounter many new obstacles such as slowing down. We are sure once we attain these speeds we will have figured out how to slow down. It is our belief that once we reach one third the speed of light that dust particles and even large objects will be disintegrated or will follow the edge of the envelope that is created. These are things we are working on at Astral Center for Starship R & D

#4 Technology needed for Human Survival

  • Life support–water, oxygen, food, waste (human & other), electricity (energy sources) for equipment,
  • no gravity–our bodies begin to adapt by loosing bone mass and if the air we breath isn’t filtered well we suffer from chronic illnesses
  • Technology needs to be developed to ensure the survival of humans in space..

#3 is the mode of getting to space

Currently we use Rockets and fuel tanks (Space X and Blue Origin are still working on reusable rockets). This mode of transportation is outdated and obsolete. The cost to develop other methods of transportation is still extremely expensive.

#2 is Politics and Government Regulations

Rules and Regulations are necessary for many reasons but this industry will need every country and every political body on the planet to work together to make space accessible to everyone. This will mean that in the beginning we will need streamlined methods for companies to apply for and receive permission to build, travel, and explore space freely. Space Commerce has the potential to make the worlds first Trillionaires and governments can fill their coffers with

#1: The Lack of Money

Have you ever asked why we aren’t traveling in space today? 

#1 Money was and is the primary reason and #2 Politics was the second. Governments have the problem of budgets and pleasing their constituents (you and I). Other programs took precedent over the space program.

When we began using the Space Shuttles over 40 years ago most Americans thought that we were well on our way to becoming space travelers.

Answer the following questions and you will discover that it all comes back to money.

Why wasn’t the Space shuttle ever upgraded to last well into the future?

Why was it canceled? Wikipedia gives some insight to this question here.

Why aren’t we going to space everyday? After all it has been almost fifty years since we set foot on the moon.

What happened to making space accessible to everyone? 

1st Space Bank will solve this problem by financing all space projects now and in the future.

How you ask?

When you deposit your currency into a 1st Space Bank account you will receive the equivalent amount in the new currency, ***All currencies will be converted at their current exchange rates to British Pounds. British Pounds to Sollars = 13.5 times

  • By creating a new global system that can be accessed from anywhere on Earth and in our solar system.
    • It also requires that we create a new currency that exceeds all Earth based currencies. For now we are calling it Sollars (sol-larrs) or Solar Credits.
    • The bank will be funded with 999 quadrillion Sollars or Solar Credits. This will ensure that we can finance the Mega Projects of the future as well as finance colonies on the moon, Mars or an asteroid. Our goal is to advance the human exploration of space in as little as 10 years.
    • As with Bit-Coin–acceptance of the new currency will require that everyone and all governments get on board and accept it.  
      • We need to face the simple fact that there just isn’t enough money on Earth to finance space research, development, or finance new technology that is needed to get us off the planet. Let alone find ways that will help insure the survivability of humans in space or on another planet.
    • Government space programs can be funded through us by depositing their currency into our bank and receiving the equivalent amount (£ = 13.5 Sollars) on deposit. No need to borrow money unless you want to or you want to accelerate your space programs.
      • The requirement is that anyone that wishes to contract with one of our clients should have an account with us but isn’t necessary and the contract must be in the currency of the country of origin. Example: NASA wants to do business with Company X, Company X gives NASA their bid in British Pounds. NASA then uses 1 Sollar for 1 British Pound  (converting British Pounds to USD) to purchase the services of Company X. Company X then deposits the British Pounds into their account at 13.5 times. Thus giving them the ability to purchase more goods and services from others.
    • Anyone or any company can use the bank and take advantage of the exchange rate currently being offered. In the future we will have in place a matrix or index that is used to value the new currency. It will not be tied to any Earth based currency instead use an index of precious metals and precious stones. The current exchange rate was determined using this method. It will follow the same principals as the Dow Jones Industrial Averages or any other Exchange.

Using our new currency 1st Space Bank will finance the technology to build these mega projects and more. We have set up three prizes to anyone that can design and build a Space elevator, asteroid mining technology, new cutting edge technology that will make rockets obsolete.

Why make so much money available to everyone? We believe that we are long overdue for a catastrophic event that could wipe out humanity. Putting that aside it is the next logical step in our evolution.

Once we are in space we face many other obstacles.

Besides the obvious like no oxygen, water, and gravity. Radiation protection is another obstacle. I will continue this as time permits.



Other Problems Facing Space Exploration?

The following list is to show a few of the problems we face in space and all of it requires lots of money. Everything we do in space always comes back to the major obstacle facing all of us to get into space and that is MONEY. If you don’t have enough of it you cut corners or purchase O-rings that aren’t suited for the job. Cutting corners to save money is a devastating method for space exploration. We lost lives on the Challenger in 1986 because of it, as well as Colombia in 2003.

Other problems facing space exploration are:

The list is forthcoming.




Mobile Money Impacts Poverty

Mobile money access lifted two percent of Kenyan households out of poverty: study

December 8, 2016 by Rob Matheson

Mobile money impacts poverty
Mobile money impacts poverty

Mobile money access lifted 2 percent of Kenyan households out of poverty, finds new study
A Kenyan business owner uses M-PESA mobile money. Credit: Intersect
Since 2008, MIT economist Tavneet Suri has studied the financial and social impacts of Kenyan mobile-money services, which allow users to store and exchange monetary values via mobile phone. Her work has shown that these services have helped Kenyans save more money and weather financial storms, among other benefits.
Now, Suri is co-author of a new paper showing that mobile-money services have had notable long-term effects on poverty reduction in Kenya—especially among female-headed households—and have inspired a surprising occupation shift among women.
Published in today’s issue of Science, the study estimates that, since 2008, access to mobile-money services increased daily per capita consumption levels of 194,000—or 2 percent—of Kenyan households, lifting them out of extreme poverty (living on less than $1.25 per day).
But there’s an interesting gender effect: Female-headed households saw far greater increases in consumption than male-headed households. Moreover, mobile-money services have helped an estimated 185,000 women move from farming to business occupations.
“Previously, we’ve shown mobile money helps you with financial resilience. But no one has understood, if you improve resilience, what happens over the longer term. This is the first study that looks at long-term poverty reduction and at gender,” says Suri, an associate professor at the MIT Sloan School of Management, who co-authored the paper with longtime collaborator William Jack, an economist at Georgetown University.
By 2015, more than 270 mobile-money services were operating in 93 countries, with an estimated 411 million accounts. The Kenyan study is important, Suri says, because it shows that mobile-money services aren’t just conveniences but do, in fact, have a positive impact on people’s livelihoods. “[That] can be useful for regulators trying to figure out if they want to allow it in their country, or whether someone wants to start a service in their country as an entrepreneur,” Suri says.
Measuring “agent density”
The study looks at M-PESA, the country’s most popular service, which launched in 2007 and has more than 25 million Kenyan users. There are more than 120,000 M-PESA agents scattered around the country, who handle deposits and withdrawals.
In 2010, Suri and Jack co-authored a study that showed M-PESA helped users borrow, save, and pay for services more easily. A 2012 study by the pair showed M-PESA helped Kenyans manage financial uncertainties caused by crop failures, droughts, or health issues. The idea is the M-PESA users can use a wider network of support, and receive payments more quickly, during dire financial times.
Mobile money access lifted 2 percent of Kenyan households out of poverty, finds new study
A business owner and customer in Kenya conduct a transaction using M-PESA mobile money Credit: Intersect
This new paper is “the grand finale” of the researchers’ long-term examination of the impact of M-PESA in Kenya, Suri says. For this study, the researchers compiled surveys of 1,600 households across Kenya over the years, looking at, among other things, average daily per capita consumption—meaning total money spent by the individual and household—and occupational choices.
Instead of looking at the number of individuals using M-PESA, the researchers measured the rise in the number of service agents within 1 kilometer around each household—or “agent density”—during early rollout of the mobile-money services. They then compared the consumption and occupation, and other outcomes, of households that saw relatively large increases of agent density, with those that saw no increases or much smaller ones, over the years.
Not surprisingly, households where agent density increased by five agents—the average in the sample—also saw a 6 percent increase in per capita consumption, enough to push 64 (or roughly 4 percent) of the sampled households above poverty levels. The World Bank defines spending less than $1.25 per day as “extreme poverty,” and spending less than $2 per day as “general poverty.” Mean daily per capita consumption among the sample was $2.50.
The impact was even more pronounced among female-headed households. When agent density rose—from zero to six agents over six years—these households saw a daily per capita consumption increase of about 18.5 percent. This level of agent density growth also reduced extreme poverty among female-headed households by 9.2 percent, and reduced households in general poverty by 8.6 percent.
Another surprising finding, Suri says, was that increases in agent density caused about 3 percent of women in both female- and male-headed households to take up business or retail occupations over farming. These occupations generally entailed single-person businesses based around producing and selling goods, which is made easier by mobile money, Suri says. “You used to grow vegetables, but now you take your vegetables to the market and sell them, or you open a little food cart or kiosk,” she says.
Using extrapolation methods on their data, the researchers estimate that the spread of mobile-money services has helped raise 194,000 Kenyan households out of extreme poverty, and induced 185,000 women to work in business or retail occupations over farming.
Savings and independence
Exactly why M-PESA causes increases in per capita consumption and shifts in occupation remains unclear, Suri says. But the researchers have a few ideas, one being that more secure storing of money leads to better financial management and savings, especially among women: The study found that female-headed households that saw greater agent density also saw around a 22 percent rise in savings.
The researchers also think mobile money could give women in male-headed households, who are also usually secondary income earners, more financial independence, which could help them start their own businesses. “As a woman, sometimes you’re not able to save on your own, because cash gets used by the whole house. [Mobile money] allows you to keep separate cash and … manage a source of income on your own,” Suri says.
Moving forward, Suri and Jack now aim to conduct similar research on the impact of mobile-money services on poverty in Uganda, Tanzania, and Pakistan “to find out if this is just an effect for Kenya or more systematic across other countries,” Suri says.
Explore further: Can Africa’s mobile money revolution reduce poverty?
More information: T. Suri et al. The long-run poverty and gender impacts of mobile money, Science (2016). DOI: 10.1126/science.aah5309
Journal reference: Science

Live Interview on You Tube

November 2016 we will be doing a live interview, Time and Date will announced here and on social media.. During the interview we will be talking about a new banking system that will be accessible from anywhere on Earth, the Lunar surface and even Mars. Mark it on your calendars. This system will benefit all of us.

Live Feed on YOU TUBE

or copy and past this url in your browser. http://www.youtube.com/channel/UCeA2ou0gdCnEG6LaUiuPdbg/live

A few of the topics.

What is 1st Space Bank?

1st Space Bank, Inc. is the frontrunner of an international Space Commerce system based on blockchain technology.

How does 1st Space Bank work?

1st Space Bank Earth based operations will issue Transparent Bank-Cards that will work with people’s smart phones to easily and securely access the banking service network. The Transparent Bank-Cards will utilize multiple biometric security systems to ensure safe access to the system. The transaction uses a bi-directional highly encrypted code from the user to the operations system and then to the space based data center for processing. The transaction will then be encrypted within a blockchain and distributed to the highly secure public worldwide blockchain registry. Initially this system will operate only here on Earth but the intent is to expand its use to also access your 1st Space Bank services anywhere in space.


Protect Your Money From A Global Financial Meltdown

Protect Your Money Today

Protect your money from a global financial meltdown today by opening an account with 1st Space Bank. Here your money is protected from any global financial crisis like the near miss in 2009. Because we are set up as an independent bank to be located and operated from space we have created a new system with a new currency that is not tied to or associated with any global financial systems. Other than perhaps an exchange rate.

What we discovered from the financial fiasco of 2008-2009 was that a financial meltdown is possible and eminent. It is not a matter of IF; it is a matter of when.

Protect your money from the next global financial meltdown. Which will be driven by greed, a global crisis, fear and panic. If terrorists gain control of any financial sector they could in theory destroy economies everywhere.

That leads us to the reason we have formed 1st Space Bank so that we can protect your money and your assets. We are currently looking for financial institutions to merge with and begin the process of transitioning to a new banking platform and system located and operated from space. Your account will show two different amounts one in the currency of origin (british pounds or US dollars, etc.) and the amount that your account has in Space Dollars. Every transaction in your earth based account will reflect the difference in Space dollars. Example: Today your have £1,000 in your Earth Based (EBA) account that equals SD13,500 tomorrow your EBA has £700 then your Space Account (SA) will reflect that difference, £700 X’s 13.5 = SD9,450.

You will also have the opportunity to buy and sell stocks, bonds etc. from our stock exchange in space. Listing your company on our exchange will be easy and much simpler than the current methods being used today. The criteria will be much the same and the same requirements will be similar but more lenient.

What we discovered is that many banks and financial institutions have not overhauled or replaced their operating systems in over 40 years. All that has been done is upgrades or patches, in some cases they have completely rebuilt their systems.

Until now, not one new operating system has been built. We have the only one of its kind. It is and will be the most secure system ever designed for banking. This guarantees that your money is safe from outsiders. Our encryption coding is the most secure with a 99.9% probability that it can not be broken. Once a transaction is encrypted it is unlikely that it can ever be intercepted at any point including once it hits your account.

In the coming year we will launch our prototypes (4 cubesats) for testing. These cubesats will provide the necessary and valuable input we need to insure the full size systems will work according to plan.

So how does a new system help protect your money from any global financial meltdown?

  1. Separate system from Earth’s financial systems
  2. Highly encrypted transactions
  3. Until space travel is an everyday occurrence Bank Robbers can’t get to it.
  4. New digital currency the Space Dollar
  5. Protect your money by putting it in an account in space where it is not affected by the fluctuations and dictatorial situations of Earth Bound Banks
  6. The bank is set up with 1.53 Quadrillion in Space Dollars enough to finance the Star Trek Enterprise 100 times over. The intent for so much money is to finance new companies, entrepreneurs, corporations, and governments for space development. Including: tourism, space mining, space exploration, colonization of celestial bodies, (the Moon, Mars, etc.)
  7. How is the currency backed? By the projected value of the aforementioned industries with the majority of it based on the estimated or appraised value of space mining. We know that here on Earth we have some elements that are rare and therefore making their value higher. Supply and demand type situation. So assuming that we are a very small portion of what is available on other planets, asteroids, etc. we can safely project a moderate amount of value on these elements that can be mined in space.
  8. By creating a separate entity for finance we can help boost the global economy and bring about advancement in space technology and propel humanity into space in 25 years or less.
  9. We discovered that the major reason that we haven’t become space travelers before now is politics and finance. Politicians especially in the United States prefer to spend money on other things than to spend it on getting humanity into space. That is why NASA has not been able to develop more and better technology and the primary reason we haven’t been back to the moon. (If we ever went at all, for those of you that believe that rhetoric).
    1. In a nutshell not enough money to finance the space industry overall.
    2. Let alone build anything near the size and scope of the Starship Enterprise. We estimate 3 to 30 trillion to build a starship of that size. The lower figure is just the starship alone. The higher number is what it might cost if we include building a drydock in space and supplying it with personnel etc. That also assumes we have the ability to get some of the materials off planet Earth and the tech to build the thing.
  10. So how safe is your money?
    1. Let’s look at history. There are many indications that the past repeats itself. Wikipedia List of Economic Crisis Below is a small list of financial crisis in the United States from 1873 to the crash of 1929 which led to the Great Depression lasting 10 years. You can avoid this by putting some of your money in 1st Space Bank or in 1st Space Financial Institution, Inc.
      1. Long Depression (1873–1896)
      2. 20th century
        • Panic of 1901, a U.S. economic recession that started a fight for financial control of the Northern Pacific Railway
        • Panic of 1907, a U.S. economic recession with bank failures
        1. Depression of 1920-21, a U.S. economic recession following the end of WW1
        2. Wall Street Crash of 1929 and Great Depression (1929–1939) the worst depression of modern history and its effects were felt all over the planet causing a domino or ripple effect. It was like global financial earthquake that impacted the entire world, and the United States was the epicenter. The same will happen in the future with the USA being the epicenter of the whole thing.
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  11. Protect your money today

    Protect your money
    Protect your money