Comment Re:BLACK HOLES KILL ATMS (Score 3, Interesting) 45
Surprisingly, it's not entirely fear-mongering
From the article:
Using a technique called very long baseline interferometry, we can use a network of radio telescopes to lock onto the black hole signals and disentangle Earthâ(TM)s own rotation and wobble in space from the satellitesâ(TM) movement.
Basically, the black hole data allows us to calibrate GPS and other systems we use locally to get a higher degree of precision. It also helps track the actual location of satellites in relation to Earth so that we can point transmitters and receivers more accurately at them which is becoming more important as more satellites are put into orbit.
GPS is used for navigation and for keeping track of products in the supply chain. Knowing where your products are when a delivery truck breaks down lets you reroute shipments to cover the stores that truck would deliver to, avoiding the empty shelves scenario.
The money transfer bit would only apply to populations that depend on satellite for internet, but there are a lot of small populated islands that have no other choice. Just because you have internet access that doesn't require satellite communication doesn't mean the entire world does.