Adam Back: Blockstream satellite aims to lower bulk Internet costs in remote areas

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Adam Back: Blockstream satellite aims to lower bulk Internet costs in remote areas — Blockstream satellite targets remote Internet costs

Adam Back, CEO and co-founder of Blockstream, highlights that for people in remote locations, bulk Internet access is often too expensive.

Back explains that the Blockstream satellite project is designed to address this issue by providing a more affordable solution.

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Back has previously commented on technical developments in the Bitcoin ecosystem. He has argued that a contentious bitcoin fork lacked economic support. Back has also stated that recent bitcoin updates addressed software bugs and not the internet-related constraints sometimes attributed to the protocol, according to a prior interview.

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