289: Internet from Orbit – Tae Oh on Spacecoin, Satellites, and Financial Inclusion

Web3 with Sam Kamani

Tae Oh, founder of Gluwa and Spacecoin, joins Sam to share his vision of bringing internet and banking access to the unconnected billions. Tae explains how Spacecoin combines blockchain, telecommunications, and satellites to build a decentralized global network that enables lifeline services like financial transactions and messaging, even in regions without internet.

He discusses the challenges of launching satellites, the cost breakthroughs driven by SpaceX, and why decentralization matters in connectivity. Tae also talks about adoption strategies through telcos, the financial model behind Spacecoin, and the long-term goal of creating a trustless, open internet from space.

Key Timestamps

[00:00:00] Introduction: Sam introduces Tae Oh and Spacecoin’s mission.

[00:02:00] Early Crypto: Tae discovers Bitcoin in 2010 and founds Gluwa in 2012.

[00:06:00] Spacecoin’s Goal: Connecting the unbanked by launching low-cost satellites.

[00:10:00] Challenges: Building vs. launching satellites, and supply chain hurdles.

[00:14:00] Decentralization: Competing with Starlink through open, trustless networks.

[00:17:00] Adoption: Governments, telcos, and the natural pull of internet demand.

[00:19:00] Constellation: First 10 satellites could serve millions per region.

[00:21:00] Financial Model: Local telcos as gateways, Spacecoin as payment rail.

[00:25:00] Bold Predictions: AI agents will dominate crypto transactions by 2030.

[00:29:00] Roadmap: Spacecoin minting, three new satellites, hiring 200 people.

Connect

https://spacecoin.org/

https://x.com/_Spacecoin

https://www.linkedin.com/company/spacecoin-official/

https://x.com/taelimoh

https://www.linkedin.com/in/tae-lim-oh/

Disclaimer

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