OK, I don't get this. I can go out on any clear night and within a few minutes I'll see a satellite moving in the skys. How is this any different? Shan't bother going out again.
Eventual aim is for something in the order of 4,425-11,943 from space X. Then a further 800-1500 from Oneweb, and another 1300-2600 from boeing.
To put that in perspective, the total amount of satellites launched to date is about 4000. We're not talking about being able to wait a few minutes to see one, we're talking about them going over every few seconds. For many it will be more satellites in the sky than stars. It's going to really bugger up ground based astronomy, you can kiss goodbye to nice astrophotography shots. We are literally talking about destruction of the night sky.
Why? Because it will speed up the transmission speed for financial transactions. Getting a signal across the Atlantic a few milliseconds faster, is what this is about.
J