Ultimately what this means is that data transfer speeds will be faster, yes? (That's a question.) If most internet usage is direct to satellite and then satellite to endpoint this would mean that tier one hub networks would no longer be used. So laser replaces fiber for most of the distance, with a peer to peer satellite network that would make outages less common. Which would be both faster and more reliable. The only issue I see is for there to be an intentional or unintentional satellite debris event that would be self propagating, but that issue has been around for a while anyway.
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