Behind the 'star wars' like facade of this video and the hype that it is trying to create, I think that the logic is sound. Internet is NOT as accessible as we think to many people. The reach is limited, though widespread usage of cell phones is enhancing it at a fast pace. There will always be limitations though. Therefore, if a digital currency is to be truly universal and decentralized, the underlying need of best internet connectivity must be first addressed. That is what Blockstream is embarking upon I think. If we see beyond the hype, it is a simple global communication project in my opinion but one that has a profound significance for bitcoin acceptability and growth. Involvement of Bankers worries me though. If it is a progressive bank then they may be getting involved early in digital currency - which is a good thing but if not then they may hinder the project suitably
The timing of this announcement, just after the Segwit2 and before the upcoming November events in Bitcoin seems to make me think that the hype is being utilized to pump up interest in bitcoin. Therefore, in summary, I think the video is more for creating hype but the underlying need identified is correct and may soon be a real project in not too distant future.@stellabelle -
Thank you for heads up on this item. It is indeed interesting to watch. Cheers. Upvoted
Regards,
