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Building a low power connected wan so you can use lots of internet of things devices just leads to adding radios in your devices and them reporting back on you.
by NotSammyHagar 5y ago
Building a low power connected wan so you can use lots of internet of things devices just leads to adding radios in your devices and them reporting back on you. Today it's impractical because of cost to have my tv spy on me if I don't have it connected to the internet. But with this, in the future they will put low power radios on tvs, refridgerators, cars, anything.
The money to pay for the crypto currency (helium) you get paid in must be coming from companies that will benefit from having these radios working.
I know it's not that there is not legit use for this in terms of sensors. But there's also no way for me to restrict devices that in things I purchase from being part of this network.
- delabay 5y agoJust use a Faraday cage in your home if you're worried about errant RF signals.
- eli 5y agoKeeping the price of connectivity high was never going to be a longterm privacy safeguard. The answer is probably legislation
- vmception 5y ago> The money to pay for the crypto currency (helium) you get paid in must be coming from companies that will benefit from having these radios working. It comes from inflation. There is an emission schedule. The demand to offset the inflation comes from the people/organizations that want to send data over these networks - which is not the device sellers or the people that own them. Data Credits have a fixed dollar amount so the cost to use the network is always predictable, but creating a data credit requires acquiring/purchasing Helium tokens and destroying them. So the more subscribers to send data over the network, the greater demand there is for Helium tokens in order to create Data Credits. The companies that benefit from the radios working make dollars from selling hardware to people that want to earn HNT and expand the network. Yes, there is now a reason for there to be a lot of IOT devices reporting stuff. Okay.