Earlier quoted context omitted.
> how great that is for consumer bandwidth (50Mbps) 50 Mbps is great consumer bandwidth where?
Rural Canada. On a lake shore. 30km from one of Canada's "Top 50" cities. Where I used to live, I had 2 options for internet access. A Wireless ISP that uses a parabolic antenna pointed at a water-tower about ~20km from my home; or a cell-phone based internet connection. The WISP allowed me on average 300kb/s transmissions. The Cell-Phone allowed me between 1.5Mb/s and 7Mb/s (to a max use of 5GB/month). So 50Mb/s is…
Lasers enable satellite internet backbone, might remove need for deep-sea cables
141–150 of 268 posts
Re: Lasers enable satellite internet backbone, might remove need for deep-sea cables
#142Earlier quoted context omitted.
Is this parody?
Not any more than saying a "proper cloud" will disrupt satellite transmissions is meant to be serious. Is it a cirrus cloud? Is it a cumulus? A cumulonimbus? Which cloud is going to do this blocking?
Re: Lasers enable satellite internet backbone, might remove need for deep-sea cables
#143Earlier quoted context omitted.
Congrats, you've reinvented microwave lines, widely deployed in exactly this manner.
The big difference between open air laser and microwave links is that one of them doesn't require licensed spectrum. The costs of doing it will be much lower.
Re: Lasers enable satellite internet backbone, might remove need for deep-sea cables
#144Earlier quoted context omitted.
Raising the financial transaction tax to 0.1%, 1$ per $1000 would eliminate the vast majority of unproductive and rent seeking HFT without negatively effecting liquidity. The US already has an FTT to fund the SEC, implementation should be straightforward. Currently the rate is very low, about 0.002%. Raising the rate would be minimally impactful for longer term investors and generate on the order of $50b a year for t…
What's rent-seeking HFT?
Re: Lasers enable satellite internet backbone, might remove need for deep-sea cables
#145Current fiber optic cables transmit signals at 2/3rds the speed of light. Modeling has shown that starlink's laser backbone would allow it to beat deep-sea cables in some situations. This article estimates a NYSE -> FTSE reduction from 76ms to 43ms. I wouldn't be surprised to learn that there is a HFT bidding war going on. https://archmeregreenarch.org/1456/news/starlink-and-the-ris... There is a newer version of fib…
Am I the only one who thinks HFT should be forbidden? Stocks and investments are a nice thing to have, since you can buy a share of a company you believe in, they get the money, do stuff, you get dividends and in the end can sell the stock after some time too. HFT changes these "beliefs in company" to "beliefs that the stock will go up", and the timeframe of those "beliefs" is sometimes in milliseconds. This turns cl…
No, this is the part most everyone gets wrong about HFT. These systems make money off of volume, not price. They don't care if the price is going up or down. All they care about is that they can capture a small price delta by facilitating a trade faster than someone else and they are willing to do so for smaller fractions of a cent which makes them more attractive to all market participants, including you and your retirement funds. Their concerns are orthogonal to investors and they compete with other HFT firms and market makers.
Re: Lasers enable satellite internet backbone, might remove need for deep-sea cables
#146Current fiber optic cables transmit signals at 2/3rds the speed of light. Modeling has shown that starlink's laser backbone would allow it to beat deep-sea cables in some situations. This article estimates a NYSE -> FTSE reduction from 76ms to 43ms. I wouldn't be surprised to learn that there is a HFT bidding war going on. https://archmeregreenarch.org/1456/news/starlink-and-the-ris... There is a newer version of fib…
The question isn't whether satellite links can beat deep-sea cables, it's whether they can beat shortwave. https://sniperinmahwah.wordpress.com/2018/05/07/shortwave-tr...
Re: Lasers enable satellite internet backbone, might remove need for deep-sea cables
#147Earlier quoted context omitted.
Raising the financial transaction tax to 0.1%, 1$ per $1000 would eliminate the vast majority of unproductive and rent seeking HFT without negatively effecting liquidity. The US already has an FTT to fund the SEC, implementation should be straightforward. Currently the rate is very low, about 0.002%. Raising the rate would be minimally impactful for longer term investors and generate on the order of $50b a year for t…
Is the $50b/year figure estimated after assuming the 'unproductive and rent seeking' HFT volume is eliminated?
Re: Lasers enable satellite internet backbone, might remove need for deep-sea cables
#148This sure sounds useful, but "might remove need for deep-sea cables" is quite silly. Anything they do to cram bandwidth into their laser link can reasonably also be applied to fiber optical cables. Except the fiber optical cables come in bundles of 12 to 144 with absolutely no separation issues. Replicating that over open space (air or vacuum), if reasonably possible at all, will chug significant amounts of power in…
On top of this I really doubt the claim about working in bad weather. Some weather will work, sure, maybe at reduced speeds. But if there is a proper cloud in the way, the near-visible 1550 nm light will be scattered completely.
Re: Lasers enable satellite internet backbone, might remove need for deep-sea cables
#149Earlier quoted context omitted.
Raising the financial transaction tax to 0.1%, 1$ per $1000 would eliminate the vast majority of unproductive and rent seeking HFT without negatively effecting liquidity. The US already has an FTT to fund the SEC, implementation should be straightforward. Currently the rate is very low, about 0.002%. Raising the rate would be minimally impactful for longer term investors and generate on the order of $50b a year for t…
do you have a link, love to learn how it worked out in other places
Re: Lasers enable satellite internet backbone, might remove need for deep-sea cables
#150Earlier quoted context omitted.
Am I the only one who thinks HFT should be forbidden? Stocks and investments are a nice thing to have, since you can buy a share of a company you believe in, they get the money, do stuff, you get dividends and in the end can sell the stock after some time too. HFT changes these "beliefs in company" to "beliefs that the stock will go up", and the timeframe of those "beliefs" is sometimes in milliseconds. This turns cl…
HFT isn't even that harmful. What's harmful is brokerages that hold large portions of financial instruments who take advantage of customers' live buying and selling with delayed swaps, intentional front running, etc. This is how the stock market was bullied before HFT, options markets, trading bots, etc enabled 'everyone' to do skeezy arbitrage and not just market makers. The only meaningful way to limit the efficacy…