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

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.