image collage by me using YouTube stills

I have insomnia and crypto addiction pretty bad these days (checking Coinmarketcap at all hours of day and night), and I was going through my Twitter feed at 5 am this morning.

Then I found this tweet by Adam Back:

So, check it out, here's the video that Blockstream just released, and it appears to be a teaser for things to come, namely, it sounds as if Blocksteam will be putting Bitcoin nodes into space and beaming down transactions to all the people who are not yet on the internet:

BlocksteamがBitcoinノードをスペースに入れ、まだインターネットに接続していないすべての人にトランザクションを送り込むように聞こえます。

Is this the craziest day in Bitcoin or what?

What the hell is going on?

I read through the entire Reddit feed, trying to get a sense if anyone knows any inside information on what exactly is up Blockstream's sleeve. For those of you who don't know, the Bitcoin Core developers are from Blockstream. And Blockstream is a company.

So, who funds Blockstream?

From reading on Reddit this morning, one user said that Blockstream is funded by VC capital and a bank named AXA. Well, you know that banks and Venture Capitalists are not really known for their charity.......

Wait!

Blockstream will be broadcasting Bitcoin transactions from space????????

A company will be controlling Bitcoin nodes in outer space?

According to Samson Mow's tweet this morning, the answer is yes.

Maybe this new development explains why they have been cenosoring people on the Bitcoin reddit forums, and why they don't want big blocks? Big blocks would be harder to broadcast from a satellite?

I would bet that many people don't even realize that a company, Blockstream is behind the Core developers of Bitcoin. This certainly adds a bit of apprehension in this new breaking information.

What do you think about all this?

Is Bitcoin going to space?

all images from Twitter