During an episode of the Keiser Report, streamed on May 17, 2019, the Chief Strategy Officer of Blockstream, Samson Mow, declared that their satellite in the geosynchronous orbit broadcasting the Bitcoin blockchain could prevent network splits. Mow also explained that the purpose of Blockstream satellite was to provide redundancy to the Bitcoin network. “It needs to have this redundancy” if the future financial system is to be built over the Bitcoin network.
