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By December 1, 2031, Ilon Musk's company plans to fully deploy a network of second generation Starlink satellites, working on the principle of nodes. This is about 10,000 satellites. Traffic in them will go from one point of the planet to another by means of satellites, bypassing ground stations.
The second generation satellites will route traffic independently from satellite to satellite. By 2030, some smartphone manufacturers have announced support for satellite communications in their smartphones to send emergency signals and messages. That is, smartphones will be able to communicate directly with orbiting satellites, sending messages and receiving them bypassing ground-based cell towers almost anywhere on the planet except at the South and North Poles.
It was noticed that after the launch of some Starlink satellites, the bitcoin network's hash rate went up slightly.
Usually after the bitcoin price drops, the bitcoin hash rate drops as well, but over the past two years it has only grown. Starlink may already be deploying bitcoin nodes with ASIC devices to support the bitcoin network. In orbit, solar panels generate electricity about ten times more efficiently than on earth.
This gives stability to the bitcoin network, it will not depend on what happens on the ground. If suddenly optical cables all over the planet are cut, if suddenly 100% of the population has no electricity, which is unlikely, the bitcoin network will continue to work and process transactions. Since the second generation satellites will be able to route traffic directly between themselves from one point on the planet to another.
Most likely, the satellites already have bitcoin nodes with mining devices. It is possible that they are already working now on first generation Starlink satellites in test mode. What does all this give to an ordinary user?
The user will have a smartphone from which he can receive and send transactions from almost anywhere in the world. The user gets a financial system which works anywhere in the world and does not depend on third parties. No dependence on the Internet and no dependence on local electricity suppliers. The smartphone can be charged using a portable solar panel, which costs 20-30 dollars.
The bitcoin network not only makes it possible to make transactions, but it also has a very important function of storing information. Information that cannot be deleted or changed.
There will be a gradual transition from the gold standard to the energy standard, where energy will be the measure of all goods and services on the planet. And bitcoin will act as the equivalent of energy.
/All events are fictional, all associations with the personalities are coincidental./
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