Bitcoin’s satellite strategy: Powering finance outside the grid

Bitcoin’s Lightning Network may soon use geostationary satellites to relay payment invoices, enabling off-grid transactions in remote or underserved areas. Early testing showed that the network was able to successfully achieve long-distance data transmission and expected to support DeFi and e-commerce in areas with scarce Internet resources. While the network is expected to achieve financial inclusive and disaster recovery, it also faces many challenges, including high setup costs, energy demand and latency issues. Further testing is still needed in the future to evaluate its scalability and security.