Spacecoin and the Promise (and Pitfalls) of Banking the Unbanked

Web3 Tech Brief By HackerNoon

This story was originally published on HackerNoon at: https://hackernoon.com/spacecoin-and-the-promise-and-pitfalls-of-banking-the-unbanked.
Spacecoin is merging satellites and blockchain to bank the unbanked — but will orbital finance overcome cost, regulation, and adoption hurdles?
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Spacecoin is building a satellite-powered, blockchain-based banking system to connect 1.4B unbanked and 3B offline people. It could bypass governments and infrastructure to deliver $2/month Internet and on-chain credit — but faces hurdles like device costs, regulation, and competition from Starlink. Its future depends on whether real communities adopt it, not just whether satellites reach orbit.