Natural disasters won't stop Internet access to Bitcoin investments

Fivestar4everMVP

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Quote from: Stepstowealth on October 04, 2024, 06:18:25 PM

Quote from: Cryptomultiplier on October 04, 2024, 05:15:00 PM

What are your thoughts?

I have some questions probably for the developers of this technology but maybe I will just ask it here to see how people's opinion on it are. Is it just one of these sort of tech that is needed to be hovering around or several of these kind of balloons will be needed to help people in different parts of the world at once? I believe as time goes on and as technology gets better more of this kind of technology that will be possible to assist with Internet connection even in positions of serious disaster will be developed and then the question about what the fate of Bitcoin will be if there is a collapse to the Internet due to a natural disaster will no longer be asked because we already have the answers.

I was actually going to ask close to a similar question that you asked, which is, is one or a few number of this, like let's say 10 to 20, be able to cover and provide the world with good internet connectivity and speed, or will every country of the world individually own one, or will it be something that can be owned personally like we do with starlink?

Alot of questions I have in my head, but I am guessing it's because I haven't really gone through the news article shared in the op, I will try to read that and see if I get a better understanding of what this is and how it works.

Maslate

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This will definitely challenge Starlink. They’re dominating in the satellite internet market, and with their massive resources, I’m sure they’ll find a way to compete. However, since this new technology isn’t live yet, it’s hard to say if it will truly be a threat to Starlink. But given its claim of offering better internet connections, even during natural disasters, this innovation could spark stronger competition in the market. Currently, Starlink charges $50 for a residential plan in our country, so it’ll be interesting to see how expensive or affordable this new technology will be in terms of subscription fees.

Digitalbitcoin

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The valid argument you raised! The future of Bitcoin and other virtual assets is directly linked to technological advancements, particularly the availability of the internet and alternate power sources. It has been noted that the concept of a plane that provides broadband internet using solar power is quite appealing, especially during outbreaks or calamities.

With good internet and power, traders and investors will be able to be active in the market, ensuring that they do not miss out on opportunities even in hard situations. Such advancement in this area will undoubtedly enhance the usage and strength of currencies like bitcoins all over the world!

batang_bitcoin

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Quote from: Jet Cash on Today at 07:32:55 AM

Solar flares aren't a conspiracy.

I'm interested to read your thoughts Jet about this aside from the questions that you've asked. I've mentioned it because that's what I've been seeing in my feed.

Jet Cash

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Solar flares aren't a conspiracy.

batang_bitcoin

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So this is better than Starlink. Because with Starlink, where the atmosphere is cloudy, it affects the speed while for Sceye, it's on the stratosphere which is an outer layer of the Earth and it covers better than Starlink. It is a good technology but we have to see how it is going to be first the first 5 years of its operation. It is solar powered and for sure engineers of it have already made preventive measures for things that might come to it. But then, its technology is still young but promising. I wonder how will the solar flare conspiracists will say about it.

Jet Cash

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Can it remain geostationary over night? If so does it rely on batteries?
What about high wind speeds, will they drain the batteries if there is limited solar exposure?
How strong is the cover, can it resist the debris falling from the skies these days?
What about maintenance?
Can it be shot down when the inevitable conflict kicks off?
Will it disrupt air traffic?
Will it contribute to global warming? No doubt the wokeratii, who want to restrict the internet, will claim that it does.

Cryptomultiplier

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Quote from: kryptqnick on Today at 06:12:56 AM

We are heavily reliant on the Internet and on sources of energy these days. I used to take electricity and Internet connection for granted before my country got hit by a war and due to Russian attacks on our energy infrastructure, we started having blackouts. So it's not just for natural disasters, but also for wars, which are globally on the rise.
I know satellite connection (Starlink) and power stations (Ecoflow) have been a great help to my country and to myself personally in certain scenarios, and more innovation to ensure sustainability and reliability of the Internet is always welcome.
I'm not sure about Sceye specifically, especially since blimps didn't really work out for humanity in the past. I have major concerns about affordability, considering that it's something in the stratosphere, so probably very expensive. I tried to find the numbers, but couldn't. So far, it seems like it's still in rather early stages, and that it's oriented toward local governments rather than individuals, to cover whole areas of customers.

Sceye is still a new innovation that is expected to be more developed and deployed from the year 2025 and I have no doubt about its affordability because the growing concern for cryptocurrency in this digital age, would make any individual seek a way to afford it, as well as the merchant producers figuring a way out to subsidize the rate for common users even if it involves some payments of fees in order to gain access.

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We are heavily reliant on the Internet and on sources of energy these days. I used to take electricity and Internet connection for granted before my country got hit by a war and due to Russian attacks on our energy infrastructure, we started having blackouts. So it's not just for natural disasters, but also for wars, which are globally on the rise.
I know satellite connection (Starlink) and power stations (Ecoflow) have been a great help to my country and to myself personally in certain scenarios, and more innovation to ensure sustainability and reliability of the Internet is always welcome.
I'm not sure about Sceye specifically, especially since blimps didn't really work out for humanity in the past. I have major concerns about affordability, considering that it's something in the stratosphere, so probably very expensive. I tried to find the numbers, but couldn't. So far, it seems like it's still in rather early stages, and that it's oriented toward local governments rather than individuals, to cover whole areas of customers.

maydna

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As long as no errors in internet, Bitcoin will still running and that is why we needs to build a new and better internet connection in all place. Many engineer and technicians works together to builds the future of internet speed and connectivity and what @OP said is just one of the newest things because I am sure that will not just stops after release to public. The developments will still running and we will see many more innovations that will useful for human where we can use that to have a better life. The internet connection in the future will be better than today but we must be patience because that still need to be research and develop.

stadus

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So, HAPS (High Altitude Platform Station) operates at around 60,000 to 65,000 feet above the Earth, potentially offering better latency than Starlink. While I have nothing against Starlink, it’s global and has proven to solve connectivity issues effectively, sometimes even outperforming wired connections, it does face challenges. Cloudy or rainy weather can impact its performance, leading to reduced bandwidth and higher latency. However, these issues aren't constant, so they’re generally tolerable.

HAPS is said to have a lower maintenance cost than Starlink, making it easier to scale and meet user demand. There are many positive aspects of HAPS mentioned, but these are mostly promises for now; we’ll see how it performs when it’s actually implemented, while Starlink has already shown it's stable and can satisfy its users overall.

Regarding the topic "Natural disasters won't stop Internet access to Bitcoin investments," I think this applies to Starlink as well, as its satellite-based system can maintain internet access even in situations where natural disasters disrupt ground-based infrastructure.

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Quote from: Russlenat on October 04, 2024, 05:31:51 PM

It’s definitely a new innovation, but isn’t Starlink enough since it already covers global internet, while this one focuses on local coverage? As for stability, I find Starlink very reliable --wherever I go, I’m satisfied. I just bring my power station, and I’m always connected.

Starlink is superb but I guess having another option limits our points of failure. It’s unlikely that we will have a disaster that will wipe out internet access. Something that did that across the whole world would mean big problems. Transacting in Bitcoin would be the least of our problems, all that matters then would be food & water. We will be OK though, I don’t envisage any disasters coming.

milewilda

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Quote from: Russlenat on October 04, 2024, 11:58:42 PM

Quote from: Dailyscript on October 04, 2024, 07:47:26 PM

Quote from: Russlenat on October 04, 2024, 05:31:51 PM

It’s definitely a new innovation, but isn’t Starlink enough since it already covers global internet, while this one focuses on local coverage? As for stability, I find Starlink very reliable --wherever I go, I’m satisfied. I just bring my power station, and I’m always connected.

Trust me Starlink isn't enough. I am using Starlink and sometimes I have issues with my network connecting to my gadgets. Meanwhile, for the main time, Starlink is the most reliable but this innovation seems better than it's worth getting to. I can never get enough of a good thing. There is no limit to the level of internet connectivity we can get in the world.

On the other hand, this will cause improvement/development and competition from Starlink.INC.

That doesn’t mean Starlink is bad; we might have different experiences, but personally, I'm satisfied with it. Based on what I've read in user reviews, most seem to share that satisfaction. Of course, Starlink has some limitations, as it’s not as fast as fiber (wired connections) that has less interference. Still, I believe Starlink is reliable because it's easy to transport and even works in remote areas like mountains with no cellular signal.

OP mentioned "Bitcoin investments," so the internet usage mainly focuses on accessing wallets, exchanges, and financial apps linked to our wallets. These don’t require a lot of bandwidth, so Starlink can easily meet our needs in this context. As for new innovations, they’re always welcome since they push Starlink to improve its service, which benefits all users.

I have purchased starlink and i could say that it does pretty work. It is really just that not good on a cloudy day or with having a storm on which you could really be able to expect those connections would drop
or would lessen but we do know that not all the time we will really have bad weather. I do have some other house on a remote place or somewhere on a mountain on which i have decided on buying and this is something which benefits me. I dont see anything bad about it, even into those cruiselines or typical passenger ship on which there's no internet connection when you are on the open sea but thanks with starlink on which we are already that having connections despite that we are on open sea. How much more into those who are living in remote areas? You would really be finding its relevance on this case.
As for Bitcoin investment then as long there's internet and you have been able to store up your own private keys on whatever form it would be, then you do always have the access into your coins
on which this do matter the most.

Russlenat

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Quote from: Dailyscript on October 04, 2024, 07:47:26 PM

Quote from: Russlenat on October 04, 2024, 05:31:51 PM

It’s definitely a new innovation, but isn’t Starlink enough since it already covers global internet, while this one focuses on local coverage? As for stability, I find Starlink very reliable --wherever I go, I’m satisfied. I just bring my power station, and I’m always connected.

Trust me Starlink isn't enough. I am using Starlink and sometimes I have issues with my network connecting to my gadgets. Meanwhile, for the main time, Starlink is the most reliable but this innovation seems better than it's worth getting to. I can never get enough of a good thing. There is no limit to the level of internet connectivity we can get in the world.

On the other hand, this will cause improvement/development and competition from Starlink.INC.

That doesn’t mean Starlink is bad; we might have different experiences, but personally, I'm satisfied with it. Based on what I've read in user reviews, most seem to share that satisfaction. Of course, Starlink has some limitations, as it’s not as fast as fiber (wired connections) that has less interference. Still, I believe Starlink is reliable because it's easy to transport and even works in remote areas like mountains with no cellular signal.

OP mentioned "Bitcoin investments," so the internet usage mainly focuses on accessing wallets, exchanges, and financial apps linked to our wallets. These don’t require a lot of bandwidth, so Starlink can easily meet our needs in this context. As for new innovations, they’re always welcome since they push Starlink to improve its service, which benefits all users.

dansus021

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Quote from: Cryptomultiplier on October 04, 2024, 05:15:00 PM

https://www.foxnews.com/tech/solar-powered-blimp-could-bring-high-speed-internet-your-area

What are your thoughts?

Bro I just do agree with everyone that Starlink is pretty much good right, Since Starlink is using LEO (Low Earth Orbit) satellite constellation so you can huge internet speed in any area on earth as long the government allowed it tho is technically can do anywhere, and There is also One web Viasat and pretty much more in the industry.

Secondly That idea is great but it think its only cover some arena not a wide area am i right?

MusaMohamed

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Quote from: Cryptomultiplier on October 04, 2024, 05:15:00 PM

Whether you like to admit it or not, a trader or an investor would be unable to make or benefit from any successful investments, if they lack good Internet access and good power supply, no matter how minimal.

What are your thoughts?

I know that people can have some choices if they don't have access to Internet, to use Bitcoin as some promising solutions listed below, but honestly I believe that after disasters, catastrophes, there are more important things to care of, then making Bitcoin transactions or trading on Bitcoin market.

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joniboini

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Quote from: Dailyscript on October 04, 2024, 07:47:26 PM

Trust me Starlink isn't enough. I am using Starlink and sometimes I have issues with my network connecting to my gadgets. Meanwhile, for the main time, Starlink is the most reliable but this innovation seems better than it's worth getting to. I can never get enough of a good thing. There is no limit to the level of internet connectivity we can get in the world.

What kind of issues? What gadgets have troubles with your Starlink connection? Is your satellite pointed directly towards the sky? I'm interested in buying one since my fiber connection can be a bit unreliable at times, but there are no reviews from anyone near my area. I think they also limited the maximum speed in my region so its price/performance ratio got worse as of now. It will work if I want to use Electrum or any light client, but I want a faster option to stream videos too.

Dailyscript

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Quote from: Russlenat on October 04, 2024, 05:31:51 PM

It’s definitely a new innovation, but isn’t Starlink enough since it already covers global internet, while this one focuses on local coverage? As for stability, I find Starlink very reliable --wherever I go, I’m satisfied. I just bring my power station, and I’m always connected.

Trust me Starlink isn't enough. I am using Starlink and sometimes I have issues with my network connecting to my gadgets. Meanwhile, for the main time, Starlink is the most reliable but this innovation seems better than it's worth getting to. I can never get enough of a good thing. There is no limit to the level of internet connectivity we can get in the world.

On the other hand, this will cause improvement/development and competition from Starlink.INC.

ImThour

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I am sure Elon Musk is already up with Starlink and have already got approval in many countries, so all of these innovations are great however the only thing that I want them to improve is the latency which a fiber connection provides. I hope that will be improved in the upcoming years but surely, there is no better way to use the Internet than a Fiber connection / Wired as of now.

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Quote from: lionheart78 on October 04, 2024, 06:01:44 PM

The project is indeed a good innovation but just like what the above posted, it can easily get destroyed by hurricanes and other natural disasters that has something to do with winds and electricity. I do not think that there is anything that can prevent natural disasters from wrecking damages to infrastructure if the forced released by the nature is devastating enough to ruin or destroy human made objects.

I see that this is a good addition to enable humankind to enjoy the uninterrupted internet services but still I think it is to be seen if it can really withstand the forces of nature.

I think that regardless how fast and strong a new innovation is, if a destructive natural disaster will hit it hard, I don't think that innovation alone will remain firm and stable. Natural disasters who are very destructive like hurricane, earthquake and even landslide could terribly affect the internet access, and so far, all those great innovations are still affected though.

Topic: Natural disasters won't stop Internet access to Bitcoin investments (Read 215 times)