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RE: More Regulations Will Come! & Why I Think That´s Actually A Good Thing In The Long Run!

in #cryptocurrency7 years ago (edited)

Let's not forget Nexus. Colin Cantrell plans to put satellites in space to decentralize both the internet and Nexus coin. Governments can spy and limit access through a ground communication networks. Satellites free us from that limitation. Jim Cantrell, (Colin's father) is building a production facility literally in my back yard for his new company "Vector Space Systems". Just a few miles from my house, utilities are being put into the ground and the production facility and headquarters are about to be built. there are people that I have worked with in aerospace industry that now work for Jim at Vector. These folks are the best in the business! This is going to be huge!!! Anything that the Cantrells touch turn into a money maker. Jim Cantrell cofounded SpaceX with Elon Musk, so I'm sure he can handle putting microsatellites into space. They plan start building and launching 100 rockets a year and scale up to 400 per year. That is more than 1 per day! Nexus is still in it's infancy. Colin has plans to simplify their coin and make it scalable. This issue with scalability is a killer for most coins.

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The project definitely sounds interesting and I´ll take a look into it. Another version of the internet that can´t be censored easily would be awesome but as the satellites are most probably run by a single company again in the end I´m not too sure about that part.

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