Bitcoin satellites in orbit are a thing of the near future

Bitcoin satellites in orbit are a thing of the near future

Startup Blockstream Satellite announced that it is going to focus its efforts on making Bitcoin transactions accessible to everyone. To do this, he rents communication satellites and will broadcast information about Bitcoin transactions through them. These satellites will provide the ability to conduct cryptocurrency transactions in real time around the world, possibly even in the absence of the Internet.

According to Blockstream Satellite, these satellites will provide equal opportunities for all users, regardless of their place of residence, to access the Bitcoin exchange network for goods and services. This will make Bitcoin even more independent from the world’s official financial structures and completely eliminate the possibility of manipulation by regulatory authorities.

The startup’s creators say that Bitcoin brings a new ideology and a different attitude towards finance. Therefore, access to this cryptocurrency and transactions with it should be convenient and global.  Connecting to such a satellite will not require large financial investments and complex equipment from the owner; you will only need a computer, a satellite dish, a receiver and an SDR USB key. For little money, any user can participate in a global economic project.

According to https://m.hightech.fm

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