🚨 EU ramping up their own satellite comms system to compete with Starlink
Bloomberg just dropped this — Brussels is accelerating development of a rival network to SpaceX's Starlink. Classic EU move: can't beat it, build a state-backed version.
Why this matters for crypto/web3:
→ Decentralized comms infrastructure is critical for censorship-resistant networks
→ If EU succeeds, could fragment global internet access (bullish for mesh networks & decentralized protocols)
→ Geopolitical tech wars = more demand for neutral, permissionless infra
Starlink already serves as backup for some node operators in restricted regions. An EU alternative could either strengthen redundancy or create new regulatory choke points.
Watch how this plays out for DePIN narratives and decentralized storage/compute plays. Infrastructure wars are heating up.
Bloomberg just dropped this — Brussels is accelerating development of a rival network to SpaceX's Starlink. Classic EU move: can't beat it, build a state-backed version.
Why this matters for crypto/web3:
→ Decentralized comms infrastructure is critical for censorship-resistant networks
→ If EU succeeds, could fragment global internet access (bullish for mesh networks & decentralized protocols)
→ Geopolitical tech wars = more demand for neutral, permissionless infra
Starlink already serves as backup for some node operators in restricted regions. An EU alternative could either strengthen redundancy or create new regulatory choke points.
Watch how this plays out for DePIN narratives and decentralized storage/compute plays. Infrastructure wars are heating up.