Botswana launches first satellite BOTSAT-1 aboard SpaceX Falcon 9

So many strong opinions here from commenters who aren’t actually from Botswana. Let me tell you how we actually feel about it here.

We think it’s awesome! The establishment of a university of science and technology in Botswana has been a long hard road, and many mistakes have been made along the way. But the fact that Botswana now has the local skill to deploy a satellite and make use of the data it provides to inform decisions blows my mind.

I grew up in the village that now hosts the university. We were so isolated back then that I’d listen to the Voice of America and marvel at the things that were being done in the developed world, and wonder if we would ever be able to participate in that level. The fact that a smart kid can grow up to attend a local university and end up launching a SATELLITE INTO SPACE is incredible!

Don't worry too much about negative opinions, there is usually a strong bias against non-US projects in the English speaking web.

A common trick is to have an office in USA and make it hard to figure out where's your project actually based. There's usually some sympathy for the British and Israeli, then you get some envy for the Russian and Japanese based stuff if they are doing something authentic or feeds into the stereotypes. Lastly you can get sympathy based on current culture war or political talking points(EU lately gets some sympathy and heat for being not-Trump for example). They will deny it but it is true, if you read the English-only web you will get the impression that no one outside the US does anything innovative and the rest of the world just lives lives of a caricature.

The last few years many people were involved in fintech assuming that outside the US consumer banking must be horrible or non-existent if its that bad the USA. Many got investment in blockchain BS that will bring banking and online payments to Africa or Asia or something, only to fail once they realized that in many of those places that tech was much more developed and widely used than the US!

No wonder the negativity when you mention Botswana :) You should pair it with something to create a story. Maybe start a Bitcoin national reserves or make Firefox the default browser on government computers, anything that a group of people have opinions(if Botswana is taking on tech giants and launching a satellite, some people will be rooting for Botswana and will write how the company they hate is finished thanks to the Botswana's satellite). Even better if you can incorporate something hot like AI, from an underdog like Anthropic ideally.

> outside the US consumer banking must be horrible or non-existent if its that bad the USA

When I read about US consumer banking ("cashing" cheques like its 1975, all kinds of ATM fees, credit scores and having to use weird "you are not really sending money real time but because the app you are sending the payment instruction through is legit you can sort of be assured the money will be paid eventually") and then look at the European payments landscape...I feel happy.

It is a bit baffling how the US is so far behind on basically everything when it comes to money, banking and payments. I'm not sure many American's even realise how god awful their setup is.

Zelle works well enough for doing small (eg: only a few thousand dollars or less) instant transfers for free, and ACH works well enough for large transfers.

Our banking ecosystem is extremely fragmented with thousands of small banks and credit unions, we aren't like Canada where the 5 largest banks control nearly the entire market and can change things relatively quickly.

As a counterpoint, there are nearly 4,000 banks operating in the Eurozone. In 2017 a scheme was mandated by the European Central Bank for Instant Payments (actual funds moved between banks within 20 seconds) which currently most banks support, all banks can receive and which by October this year all banks must be able to send out.

It is possible in the US. But somehow it's not happening.

Don't forget that Instant Payments are free.

Terms and conditions apply there.