Blockstream’s Adam Back Talks Bitcoin In Orbit via Satellite Can Act as a Connection Buffer

The CEO of Blockstream, Adam Back, has recently talked about how Bitcoin could be useful in space during a recent presentation at the Consensus 2019, which happened today. According to him, there are some lesser-known uses for beaming BTC from space. He talked about this because his company decided to launch a crypto satellite in space recently. They actually did it two years ago and their objective was to help the people who did not have an internet connection to be able to download a whole Bitcoin node using this secure network. They also affirmed that something like this can be used in several kinds of situations and that it can be especially useful for the people who live in regions which lack political stability and could be stuck in the middle of the political mayhem in some region. Back affirmed that one of the first things that happens in a coup is to cut the connections to the internet, so people would still be linked to the Bitcoin network if they used a system like the one