Spacex Launching 4,425 Broadband Satellites in 2019 to a “mesh network” new global internet backbone which could boost Bitcoin’s decentralization.

SpaceX is about to put global internet mesh backbone satelites into low earth orbit to finally allow for cheap global internet allowing bitcoin to be used ANYWHERE on earth using just a smartphone even with no cell signal! Now people can make bitcoin payments at sea or in the amazon!
From Bitcoin.com article by @KevinHelms
https://news.bitcoin.com/spacex-launching-4425-broadband-satellites-2019-bitcoin/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

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Spacex unveiled on Wednesday details of their plans to deploy a new internet backbone in low-Earth orbit. The private spacecraft company’s 4,425 broadband satellites will create a “mesh network” which could boost Bitcoin’s decentralization.

Also read: Do You Think They’ll Use the US Dollar on Mars? https://news.bitcoin.com/do-you-think-theyll-use-the-us-dollar-on-mars/ OF COURSE NOT! Theyll use blockchain currencies for Mars! MarsCoin! it will have to exist on a seperate decentralized network that maybe sends packets back to earth in bursts?)

What is Spacex?

Spacex Launching 4,425 Broadband Satellites in 2019: What it Means for BitcoinFounded in 2002 by CEO Elon Musk, Spacex designs, manufactures and launches advanced rockets and spacecraft “to revolutionize space technology, with the ultimate goal of enabling people to live on other planets,” its website describes. The company has been taking astronauts and supplies to and from the International Space Station since May 2012, providing regular cargo resupply missions for NASA. Today, it employs around 6,000 people and has three vehicles: Falcon9, Falcon Heavy, and Dragon.

4,425 Broadband Satellites Creating ‘Mesh Network’

Spacex Launching 4,425 Broadband Satellites in 2019: What it Means for Bitcoin
Falcon9
Last November, Spacex filed an application for satellite space station authorizations with the US Federal Communications Commission. “Spacex wants to launch 4,425 satellites into low-Earth orbits, with altitudes ranging from 715 miles to 823 miles” to offer gigabit-speed broadband internet to the world, Ars Technica reported.

Then, on Wednesday, Spacex followed up with new details during a Senate hearing at the U.S. Capitol. The company revealed “its planned constellation of 4,425 broadband satellites will launch from the Falcon 9 rocket beginning in 2019 and continue launching in phases until reaching full capacity in 2024,” Ars Technica reports.

In a testimony to the Senate Committee on Commerce, Science, and Transportation, Spacex’s Vice President of Satellite Government Affairs, Patricia Cooper, said:

In space, the satellites will communicate with each other using optical inter-satellite links, in effect creating a “mesh network” flying overhead that will enable seamless network management and continuity of service.
Benefits to Bitcoin

Spacex Launching 4,425 Broadband Satellites in 2019: What it Means for BitcoinMesh networking has long been discussed in the Bitcoin community as a better configuration to deploy Bitcoin nodes globally. “Mesh networks promise to build decentralized, ubiquitous, resilient, and community-owned network infrastructure,” explained Shaddi Hasan of UC Berkeley, in his 2013 masters thesis ‘Designing Networks for Large-Scale Blackout Circumvention.’ “This vision is admittedly compelling, particularly for those working against Internet censorship,” he wrote.

Such a network should, in theory, allow Bitcoin nodes to route around controls by any one government or other types of blockages, making them ideal for use with Bitcoin. Wednesday’s presentation by Spacex confirms that their new, space-based infrastructure for the internet would be a type of mesh network, offering accessibility and resilience that Bitcoin users are looking for.

Spacex’s Mesh Network Could Still be Centralized

Whether Bitcoin nodes can use Spacex’s network or not depends on the company’s policies which have yet to be announced. So far, little information has been given about terms of use.

In Wednesday’s hearing, Cooper said that their customers would access this network via “Spacex user terminals,” which are “essentially, a relatively small flat panel, roughly the size of a laptop.” They will “use similar phased array technologies to allow for highly directive, steered antenna beams that track the system’s low-Earth orbit satellites,” she described. However, she did not offer any more details on whether third party software could be loaded or confirm whether Spacex’s network will force users to connect only through their terminals.
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SO WOW this is HUGE news!

Imagine! Bitcoin SATELLITES! hahaha these global internet backbone mesh satellites WILL become bitcoin satellites once people start using them for bitcoin!

WOW this could REALLY help bitcoin become as universal as cash but better!

(Image from https://steemit.com/crypto-news/@carlos-cabeza/the-future-of-space-trading-will-be-the-cryptocurrency )

WOW Bitcoin.com has REALLy upped their game! Here are a list of titles of recent articles that are ALL just INCREDIBLE! and should be reposted onto steemit! your welcome for the ideas!

Spacex Launching 4,425 Broadband Satellites in 2019: What it Means for Bitcoin
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Bitcoin Price Goes Full Throttle Blasting Past $1500
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Extension Block Proposal Receives More Industry Support
The Bitcoin Store: Tending to the Needs of the Emerging Crypto-Culture
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Hacked South Korean Bitcoin Exchange Yapizon Offers IOUs
Bitcoin Exchanges Multiply in Japan as Demand from Institutional Investors Rises
Alleged Mining Manufacturer Foxminers Accused of Being a Scam
Lunyr Crowdsale Successful with 47,923 ETH ($3.7 Million)
21 Inc Launches Lists Allowing Anyone to Earn Bitcoin for ‘Microconsulting’

WOW fuck this new california digital licensure bill FUCk the democrats! democrats have DESTROYEd california! AHHA and NOONE will comply with their retarded bitcoin laws! they will NEVER EVER be able to enforce ANY bitcoin laws!

California! Where Weed is totally legal but bitcoin isnt? Not in my state!

And here is an amazing article about CubeSat !
http://www.coindesk.com/jeff-garzik-announces-partnership-launch-bitcoin-satellites-space/