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by kobalsky 793 days ago
this is hilarous, I mean, there's a literal satellite constellation beaming the blockchain and the argument is "nuh-uh!"

I guess that until a satellite shoots a wad of bills through your window some people won't give it credit.

1 comments

A satellite constellation is only half of a network. And a system that nobody can actually use is not a useful or functional system. Approximately nobody has a receiver for this network today. The receivers won't fall out of the sky tomorrow if war breaks out.

And even if everyone did have receivers, commercial satellites are highly regulated by most nations, likely will be targeted during any future major war, and there's no guarantee they won't be coopted for other uses by their host nations. Blockstream is a tiny company and doesn't even own or operate any of these satellites. You might as well just use viasat or iridium.