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by cornstalks 3229 days ago
You basically just described Bluetooth 3.0 + HS[1]. The Bluetooth connection is used to establish an 802.11 link, over which data is transferred. It's only (up to) 24 Mbit/s, so it's still slower than some (direct) Wi-Fi alternatives, but it's much faster than normal Bluetooth connections.

[1]: https://en.wikipedia.org/wiki/Bluetooth#Bluetooth_3.0_.2B_HS