IBOV 172,014 ▼ 0.25% IPSA 10,821 ▲ 1.07% IPC MEX 66,693 ▼ 1.15% MERVAL 3,220,561 ▼ 1.42% COLCAP 2,268.57 ▼ 1.19% BVL PERÚ 56,156.48 ▼ 1.32% USD/BRL5.16▲ 0.64% USD/MXN17.53▲ 0.76% USD/CLP930.24▲ 0.31% USD/COP3,324▼ 0.61% USD/PEN3.40▼ 0.33% USD/ARS1,492▲ 0.39% USD/UYU40.25▲ 1.37% USD/PYG6,057▲ 1.49% USD/BOB9.85▲ 45.88% USD/DOP58.70▲ 0.24% USD/CRC451.10▲ 1.72% USD/GTQ7.62▲ 2.16% USD/HNL26.71▲ 1.41% USD/NIO36.62▲ 0.70% USD/VES673.24▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.45% USD/TTD6.73▲ 1.27% EUR/BRL5.89▼ 0.53% BRENT 75.38 ▲ 4.71% WTI 71.71 ▲ 4.61% IRON ORE 161.91 — — COPPER 6.19 ▲ 0.24% GOLD 4,132 ▼ 0.56% SILVER 60.71 ▼ 1.96% SOY 1,197 ▲ 1.21% CORN 463.50 ▲ 5.16% WHEAT 617.75 ▲ 1.94% COFFEE 317.40 ▼ 12.79% SUGAR 15.10 ▼ 0.79% ORANGE JUICE 156.75 ▼ 14.23% COTTON 80.68 ▲ 9.10% COCOA 5,779 ▲ 3.16% BEEF 238.35 ▼ 0.31% CATTLE 360.85 ▲ 0.10% LITHIUM 73.53 ▼ 3.47% PETR4 38.42 ▲ 1.72% VALE3 76.04 ▼ 2.25% ITUB4 42.48 ▼ 0.19% BBDC4 17.84 ▼ 0.45% ABEV3 15.61 ▼ 1.70% BBAS3 19.78 ▲ 0.05% B3SA3 14.58 — 0.00% WEGE3 45.87 ▼ 0.84% PRIO3 56.20 ▲ 4.91% SUZB3 40.94 ▲ 0.54% RENT3 39.18 ▼ 2.83% AZZA3 18.14 ▲ 3.95% CSAN3 3.84 — 0.00% RAIZ4 0.38 — 0.00% PCAR3 2.72 ▼ 1.09% GMAT3 3.60 ▼ 1.64% PSSA3 51.63 ▼ 3.31% CVCB3 1.23 ▼ 1.60% POSI3 3.74 — 0.00% SLCE3 13.14 ▲ 2.66% NATU3 8.25 ▼ 0.72% BRKM5 5.97 ▼ 0.50% RANI3 7.93 ▼ 0.13% CSNA3 4.71 ▼ 1.05% CMIN3 4.36 ▲ 0.69% USIM5 8.39 ▼ 3.67% GGBR4 21.94 ▲ 0.46% ENEV3 25.91 ▼ 0.73% CPFE3 45.35 ▲ 1.05% CMIG4 10.95 ▲ 0.64% EQTL3 39.11 ▲ 0.13% LREN3 13.69 ▼ 2.84% VIVT3 34.36 ▼ 0.41% RAIL3 13.51 ▲ 0.07% KLABIN 17.14 ▲ 0.82% RAIA DROGASIL 17.60 ▲ 0.92% RDOR3 34.94 ▼ 0.17% HAPV3 10.20 ▼ 1.73% FLRY3 15.57 ▼ 0.51% SMTO3 15.38 ▲ 2.81% UGPA3 28.23 ▲ 1.04% VBBR3 30.86 ▲ 2.46% BBSE3 38.53 ▼ 0.47% BPAC11 54.75 ▼ 1.14% CURY3 33.74 ▼ 0.18% AERI3 2.03 ▲ 1.50% VIVARA 22.49 ▼ 0.18% COMPASS 24.71 ▼ 0.84% VAMOS 2.87 — 0.00% SANB11 26.22 ▼ 1.83% ASAI3 8.43 ▼ 2.77% SBSP3 29.45 ▼ 0.88% WALMEX 49.90 ▲ 1.71% GMEXICO 195.52 ▼ 3.58% FEMSA 225.76 ▼ 0.46% CEMEX 21.18 ▼ 1.07% GFNORTE 187.72 ▼ 0.37% BIMBO 56.54 ▼ 0.88% TELEVISA 9.71 ▲ 1.36% AMX 22.99 ▲ 0.97% GAP 416.36 ▼ 5.78% ASUR 289.29 ▼ 6.35% OMA 234.51 ▼ 4.62% KOF 184.05 ▼ 1.84% GRUMA 285.10 ▲ 0.66% KIMBER 39.18 ▼ 0.08% SQM-B 67,658 ▼ 0.88% COPEC 5,994 ▲ 1.94% BSANTANDER 78.63 ▲ 2.20% FALABELLA 5,996 ▲ 3.71% ENELAM 84.11 ▲ 1.47% CENCOSUD 2,087 ▼ 0.40% CMPC 1,074 ▲ 2.58% BANCO CHILE 187.69 ▲ 2.84% LATAM AIR 26.46 ▲ 0.61% YPF 73,000 ▲ 0.48% GGAL 8,115 ▼ 2.46% PAMPA 5,150 — 0.00% TXAR 679.50 ▼ 0.29% ALUAR 992.50 ▼ 0.05% TGS 9,220 ▼ 1.55% CEPU 2,329 ▼ 0.21% MIRGOR 17,350 ▼ 0.14% COME 44.26 ▲ 0.48% LOMA NEGRA 3,535 ▼ 4.14% BYMA 309.00 ▼ 2.14% TELECOM ARG 4,110 ▲ 0.31% ECOPETROL 14.68 ▲ 1.45% BANCOLOMBIA 80.25 ▼ 0.80% GRUPO AVAL 5.00 ▼ 1.57% CREDICORP 387.58 ▼ 1.21% SOUTHERN COPPER 169.07 ▼ 2.76% BUENAVENTURA 28.80 ▼ 3.89% MERCADOLIBRE 1,818 ▲ 0.69% NUBANK 13.66 ▼ 2.88% XP 16.04 ▼ 2.23% PAGSEGURO 8.88 ▼ 0.56% STONE 10.63 ▼ 2.92% GLOBANT 31.35 ▲ 1.29% TECNOGLASS 43.14 ▼ 3.17% GAP AIRPORT 238.86 ▼ 6.11% ASUR 289.29 ▼ 6.35% OMA AIRPORT 106.96 ▼ 5.38% AMX ADR 26.22 ▲ 0.31% FEMSA ADR 129.06 ▼ 0.92% CEMEX ADR 12.06 ▼ 2.15% PETROBRAS ADR 16.66 ▲ 2.46% VALE ADR 14.72 ▼ 2.45% ITAU ADR 8.22 ▼ 0.84% SANTANDER BR 5.15 ▼ 2.65% AMBEV ADR 3.01 ▼ 1.92% CSN 0.92 ▼ 3.46% GERDAU 4.28 ▲ 1.06% LATAM ADR 56.68 ▼ 1.32% BTC 63,493 ▼ 0.78% ETH 1,778 ▼ 1.06% SOL 81.01 ▼ 1.11% XRP 1.12 ▼ 2.47% BNB 580.69 ▼ 0.81% ADA 0.18 ▼ 4.58% DOGE 0.07 ▼ 3.06% AVAX 6.71 ▼ 3.07% LINK 7.88 ▼ 1.74% DOT 0.86 ▼ 3.11% LTC 43.79 ▼ 2.31% BCH 240.75 ▼ 0.43% TRX 0.33 ▲ 0.64% XLM 0.19 ▼ 4.64% HBAR 0.07 ▼ 2.18% NEAR 2.00 ▼ 2.26% ATOM 1.58 ▼ 1.03% AAVE 90.96 ▼ 3.28% SELIC 14.25% NEOE3 33.80 — 0.00% EMBRAER 85.24 ▼ 1.22% EMBRAER ADR 66.17 ▼ 1.59% JBS 12.18 ▲ 0.41% JBS BDR 62.69 ▲ 1.11% MBRF3 15.84 ▼ 3.47% MBRFY 3.01 ▼ 5.94% INTER 5.60 ▼ 1.58% IBOV 172,014 ▼ 0.25% IPSA 10,821 ▲ 1.07% IPC MEX 66,693 ▼ 1.15% MERVAL 3,220,561 ▼ 1.42% COLCAP 2,268.57 ▼ 1.19% BVL PERÚ 56,156.48 ▼ 1.32% USD/BRL 5.16 ▲ 0.64% USD/MXN 17.53 ▲ 0.76% USD/CLP 930.24 ▲ 0.31% USD/COP 3,320 ▼ 0.73% USD/PEN 3.40 ▼ 0.33% USD/ARS 1,492 ▲ 0.39% USD/UYU 40.25 ▲ 1.37% USD/PYG 6,057 ▲ 1.49% USD/BOB 9.85 ▲ 45.88% USD/DOP 58.70 ▲ 0.24% USD/CRC 451.10 ▲ 1.72% USD/GTQ 7.62 ▲ 2.16% USD/HNL 26.71 ▲ 1.41% USD/NIO 36.62 ▲ 0.70% USD/VES 673.24 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.45% USD/TTD 6.73 ▲ 1.27% EUR/BRL 5.89 ▼ 0.52% BRENT 75.38 ▲ 4.71% WTI 71.71 ▲ 4.61% IRON ORE 161.91 — — COPPER 6.19 ▲ 0.24% GOLD 4,132 ▼ 0.56% SILVER 60.71 ▼ 1.96% SOY 1,197 ▲ 1.21% CORN 463.50 ▲ 5.16% WHEAT 617.75 ▲ 1.94% COFFEE 317.40 ▼ 12.79% SUGAR 15.10 ▼ 0.79% ORANGE JUICE 156.75 ▼ 14.23% COTTON 80.68 ▲ 9.10% COCOA 5,779 ▲ 3.16% BEEF 238.35 ▼ 0.31% CATTLE 360.85 ▲ 0.10% LITHIUM 73.53 ▼ 3.47% PETR4 38.42 ▲ 1.72% VALE3 76.04 ▼ 2.25% ITUB4 42.48 ▼ 0.19% BBDC4 17.84 ▼ 0.45% ABEV3 15.61 ▼ 1.70% BBAS3 19.78 ▲ 0.05% B3SA3 14.58 — 0.00% WEGE3 45.87 ▼ 0.84% PRIO3 56.20 ▲ 4.91% SUZB3 40.94 ▲ 0.54% RENT3 39.18 ▼ 2.83% AZZA3 18.14 ▲ 3.95% CSAN3 3.84 — 0.00% RAIZ4 0.38 — 0.00% PCAR3 2.72 ▼ 1.09% GMAT3 3.60 ▼ 1.64% PSSA3 51.63 ▼ 3.31% CVCB3 1.23 ▼ 1.60% POSI3 3.74 — 0.00% SLCE3 13.14 ▲ 2.66% NATU3 8.25 ▼ 0.72% BRKM5 5.97 ▼ 0.50% RANI3 7.93 ▼ 0.13% CSNA3 4.71 ▼ 1.05% CMIN3 4.36 ▲ 0.69% USIM5 8.39 ▼ 3.67% GGBR4 21.94 ▲ 0.46% ENEV3 25.91 ▼ 0.73% CPFE3 45.35 ▲ 1.05% CMIG4 10.95 ▲ 0.64% EQTL3 39.11 ▲ 0.13% LREN3 13.69 ▼ 2.84% VIVT3 34.36 ▼ 0.41% RAIL3 13.51 ▲ 0.07% KLABIN 17.14 ▲ 0.82% RAIA DROGASIL 17.60 ▲ 0.92% RDOR3 34.94 ▼ 0.17% HAPV3 10.20 ▼ 1.73% FLRY3 15.57 ▼ 0.51% SMTO3 15.38 ▲ 2.81% UGPA3 28.23 ▲ 1.04% VBBR3 30.86 ▲ 2.46% BBSE3 38.53 ▼ 0.47% BPAC11 54.75 ▼ 1.14% CURY3 33.74 ▼ 0.18% AERI3 2.03 ▲ 1.50% VIVARA 22.49 ▼ 0.18% COMPASS 24.71 ▼ 0.84% VAMOS 2.87 — 0.00% SANB11 26.22 ▼ 1.83% ASAI3 8.43 ▼ 2.77% SBSP3 29.45 ▼ 0.88% WALMEX 49.90 ▲ 1.71% GMEXICO 195.52 ▼ 3.58% FEMSA 225.76 ▼ 0.46% CEMEX 21.18 ▼ 1.07% GFNORTE 187.72 ▼ 0.37% BIMBO 56.54 ▼ 0.88% TELEVISA 9.71 ▲ 1.36% AMX 22.99 ▲ 0.97% GAP 416.36 ▼ 5.78% ASUR 289.29 ▼ 6.35% OMA 234.51 ▼ 4.62% KOF 184.05 ▼ 1.84% GRUMA 285.10 ▲ 0.66% KIMBER 39.18 ▼ 0.08% SQM-B 67,658 ▼ 0.88% COPEC 5,994 ▲ 1.94% BSANTANDER 78.63 ▲ 2.20% FALABELLA 5,996 ▲ 3.71% ENELAM 84.11 ▲ 1.47% CENCOSUD 2,087 ▼ 0.40% CMPC 1,074 ▲ 2.58% BANCO CHILE 187.69 ▲ 2.84% LATAM AIR 26.46 ▲ 0.61% YPF 73,000 ▲ 0.48% GGAL 8,115 ▼ 2.46% PAMPA 5,150 — 0.00% TXAR 679.50 ▼ 0.29% ALUAR 992.50 ▼ 0.05% TGS 9,220 ▼ 1.55% CEPU 2,329 ▼ 0.21% MIRGOR 17,350 ▼ 0.14% COME 44.26 ▲ 0.48% LOMA NEGRA 3,535 ▼ 4.14% BYMA 309.00 ▼ 2.14% TELECOM ARG 4,110 ▲ 0.31% ECOPETROL 14.68 ▲ 1.45% BANCOLOMBIA 80.25 ▼ 0.80% GRUPO AVAL 5.00 ▼ 1.57% CREDICORP 387.58 ▼ 1.21% SOUTHERN COPPER 169.07 ▼ 2.76% BUENAVENTURA 28.80 ▼ 3.89% MERCADOLIBRE 1,818 ▲ 0.69% NUBANK 13.66 ▼ 2.88% XP 16.04 ▼ 2.23% PAGSEGURO 8.88 ▼ 0.56% STONE 10.63 ▼ 2.92% GLOBANT 31.35 ▲ 1.29% TECNOGLASS 43.14 ▼ 3.17% GAP AIRPORT 238.86 ▼ 6.11% ASUR 289.29 ▼ 6.35% OMA AIRPORT 106.96 ▼ 5.38% AMX ADR 26.22 ▲ 0.31% FEMSA ADR 129.06 ▼ 0.92% CEMEX ADR 12.06 ▼ 2.15% PETROBRAS ADR 16.66 ▲ 2.46% VALE ADR 14.72 ▼ 2.45% ITAU ADR 8.22 ▼ 0.84% SANTANDER BR 5.15 ▼ 2.65% AMBEV ADR 3.01 ▼ 1.92% CSN 0.92 ▼ 3.46% GERDAU 4.28 ▲ 1.06% LATAM ADR 56.68 ▼ 1.32% BTC 63,493 ▼ 0.78% ETH 1,778 ▼ 1.06% SOL 81.01 ▼ 1.11% XRP 1.12 ▼ 2.47% BNB 580.69 ▼ 0.81% ADA 0.18 ▼ 4.58% DOGE 0.07 ▼ 3.06% AVAX 6.71 ▼ 3.07% LINK 7.88 ▼ 1.74% DOT 0.86 ▼ 3.11% LTC 43.79 ▼ 2.31% BCH 240.75 ▼ 0.43% TRX 0.33 ▲ 0.64% XLM 0.19 ▼ 4.64% HBAR 0.07 ▼ 2.18% NEAR 2.00 ▼ 2.26% ATOM 1.58 ▼ 1.03% AAVE 90.96 ▼ 3.28% SELIC 14.25% NEOE3 33.80 — 0.00% EMBRAER 85.24 ▼ 1.22% EMBRAER ADR 66.17 ▼ 1.59% JBS 12.18 ▲ 0.41% JBS BDR 62.69 ▲ 1.11% MBRF3 15.84 ▼ 3.47% MBRFY 3.01 ▼ 5.94% INTER 5.60 ▼ 1.58%
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Opinion: Elon Musk and the specter of global control over the Internet

By · January 29, 2022 · 3 min read

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RIO DE JANEIRO, BRAZIL – (Opinion) Two projects play almost no role in the current public discussion but are of existential importance for the future of all humanity.

One is the development of digital central bank currencies, which could put all financial matters under complete control by the state(s); the other is populating space with thousands of satellites that give the whole world access to the Internet.

The scary thing is that, concerning the second development, we are no longer talking about a distant future but are already facing a fait accompli.

over 1700 satellites orbiting the earth.
Over 1700 satellites orbiting the earth. (Photo internet reproduction)
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As became known only recently, Elon Musk’s company ‘Starlink’, a subsidiary of his space company ‘Space X’, has been providing the planet (except for the north and south poles) with access to broadband Internet since the beginning of August 2021, with over 1700 satellites orbiting the earth.

The cost of the starter set, which consists of a satellite dish and a WLAN router, is about US$500 (Germany), depending on the country.

The monthly connection fee is around US$99 (Germany). The fact that the price for each customer terminal is currently about US$500 less than the production cost shows what Musk is seeking – global market domination through entry using dumping prices.

Musk announced last year at the Mobile World Congress in Barcelona that he expects to have half a million paying users within the first year.

His math may work out. The Starlink satellites can transport the Internet signal remarkably quickly because they fly in a low-Earth orbit.

Although they burn up after five to seven years, they are already being replenished. Starlink has submitted applications for a total of 40,000 satellites to the responsible U.S. authority, the Federal Communications Commission, and has received approval for just under 12,000 satellites.

The competitive advantages for Musk’s company have increased enormously in recent months. Competitor Richard Branson bet on the wrong partner with OneWeb and is practically out of the race after its insolvency. Jeff Bezos’ company Blue Origin is lagging and is unlikely to catch up with Starlink.

Moreover, Musk holds another trump card. Since laying cables in large areas of developing and emerging countries and in rural regions of industrialized countries is very cost-intensive, and the people living there desperately want to be digitally connected, he can be sure of the support of influential partners.

Both telecommunications companies and banks have an imminent interest in securing customers in these areas. They are not likely to be averse to absorbing part of Musk’s start-up costs.

GERMANY

In Germany, this attitude was made clear by a statement from Telekom chief Timotheus Höttges. He said, “I think this is a good technology to serve people who don’t have infrastructure so far.”

Höttges also left no doubt about what he thinks of Elon Musk: “I’m a great admirer of him and his ideas.”

Höttges is not alone in Germany. The authorities are also getting involved. The German Federal Network Agency officially granted Space X frequency rights for Internet via satellite in December 2020. And the Rhineland-Palatinate Supervisory and Service Directorate has had Starlink antennas set up in some of the towns destroyed by the floods.

Neither the private sector nor governments seems interested in the dangers that Elon Musk’s projects entail, even though they are considerable.

For one thing, the increasing number of satellites in near-Earth orbits increases the likelihood of collisions that could lead to a chain reaction and form a debris cloud that, in a worst-case scenario, would render near-Earth space unusable for continued satellite operations for decades to come.

Second, Starlink going it alone means that global data traffic will be controlled to an ever greater extent by a single company – and ultimately by a single individual.

It says a lot about the current state of politics and the media that these developments, which are so crucial for the future of mankind, are hardly ever publicly discussed.

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