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I read about blockstream some time ago: https://www.coindesk.com/blockstream-using-satellites-beam-bitcoin-earth/ https://www.coindesk.com/blockstream-using-sat
by thisisit 9y ago
I read about blockstream some time ago:
https://www.coindesk.com/blockstream-using-satellites-beam-bitcoin-earth/ https://www.coindesk.com/blockstream-using-satellites-beam-b...
Here Adam Back said:
"With a perpetual generator out back with a satellite dish, a Raspberry Pi by the generator, a local wi-fi hot spot, and the necessary software set up, you could be transacting globally with bitcoin."
Anyone can explain me why is the need for a local wifi hot spot here? And how much does it normally cost to setup a satellite dish?
Not to mention countries do have the ability to jam satellite signals. Here's the first article I find on google search:
http://www.spiegel.de/international/world/silencing-unwanted-coverage-iran-jams-satellite-signals-carrying-foreign-media-a-686670.html http://www.spiegel.de/international/world/silencing-unwanted...
- hossbeast 9y agoI assume that's just so you can run the wallet on your phone