Interesting Links: May 25, 2019
Facebook prepares for the 2020 launch of its Globalcoin technology; AT&T begins accepting bitcoin; SpaceX launches 60 experimental satellites to begin building its global Internet capability; What prisoners and prosecutors can learn from each other; and more...
Business, News, Science, Technology, or whatever gets my attention.
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Ten links and micro-summaries from my 1000+ daily headlines. I filter them so you don't have to.
- Facebook is apparently planning to launch its digital currency in early 2020 - According to the BBC, Facebook is planning to launch the internally named Globalcoin in a dozen or so countries during 2020. In preparation, the company has been holding conversations with people from Western Union, the Bank of England, and the US Treasury. The currency is expected to be anchored to the value of the US Dollar, and there is some uncertainty as to whether it will be a cryptocurrency or some other form of digital money.
- AT&T Now Accepts Bitcoin — Are T-Mobile and Verizon Next? - AT&T subscribers can now pay their bills in bitcoin, and the article speculates that T-Mobile and Verizon will soon follow suit. AT&T has contracted with BitPay to convert bitcoin into dollars, so claims that AT&T is accumulating bitcoin are not supported by the announcement.
- SpaceX just unleashed its first 60 Starlink high-speed-internet satellites and recorded a 'weird' video of the maneuver - The rocket company that was founded by Elon Musk deployed the first 60 satellites in a fleet that is intended to provide Internet coverage around the globe. The satellites will be deployed in a mesh at lower altitude than geostationary satellites. This low altitude makes it possible to provide Internet access with lower latency. The launch also incorporated an innovative deployment technique that allowed the rocket to release all 60 satellites in a short burst. Because the satellite mesh operates in the vacuum of space,
transmissions will be 50% faster than ground based fiber transmissions.
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