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Re:SpaceX just got FCC approval to launch 7,518 satellites by elteto on Thursday November 15, 2018 @10:43PM (#18466204)
I think you might be underestimating latencies in the real world.

These [0] are statistics from Verizon showing 90ms RTT for trans-atlantic connections. Trans-pacific is > 100ms. 80ms seems highly competitive for me in this context.

[0] https://enterprise.verizon.com/terms/latency/

Re:SpaceX just got FCC approval to launch 7,518 satellites by buboard on Friday November 16, 2018 @05:45AM (#18467886)
there is a video posted in the comments that compares latencies to cables. spacex advertises latencies from 50-80 , but cable is in all cases fasters (rather obvious i think).