That's actually pretty ridiculous, but I mean in a mind-blowing kind of sense. One of the aims of Bitcoin was to easily send currency to anywhere in the world. You make a great point that developing countries would be able to send funds without a net connection and in that way- it's very useful.

My take differs a bit however. I would imagine that there would eventually be competition by different companies similar to what we see with exchanges now. Although it sounds like an amazing concept, I feel that the people who invest are more likely to be the people that need this technology. What about becoming dependent on it? And what happens if one company has to close?

The investments to buy the hardware would be $100. Would the hardware work for other BTC sending satellites? This is an interesting post.