Sounds fantastical? Maybe, simply Blockstream swears it isn't every mo crazy every mo it sounds.
Today, the bitcoin infrastructure society is launching Blockstream Satellite, an ambitious attempt out to role leased satellites to beam bitcoin well-nigh anywhere inward the world. Now inward beta, bitcoin users inward Africa, Europe, South America in addition to North America tin hand the sack already use the satellites to download a working bitcoin node capable of storing the network's entire transaction history.
But spell complex conceptually, the society believes its terminate effect tin hand the sack solve a existent number facing the $66 billion network – without internet, yous can't access bitcoin.
And this poses a occupation for bitcoin proponents who believe the cryptocurrency could live on peculiarly beneficial to people without internet, who likewise generally live inward areas amongst economic instability.
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