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The Future of Wireless, Harvested by Wi-Fi 6

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Investors across the country are sighing with relief… | At 9:29AM each day — a minute befo

Investors across the country are sighing with relief… [Gilder's Daily Prophecy] March 5, 2020 [UNSUBSCRIBE]( | [ARCHIVES]( At 9:29AM each day — a minute before the opening bell… [Person on phone](We want to send you a text on your smartphone. In this text will be a link to [the one trade recommendation for that day]( most likely to double your money or more… As determined via a [new profit system]( developed by a veteran trader and world-renowned market analyst whose name you’ll recognize from TV. In recent extensive back-testing, this new system went 58-0 with 19 quadruple-digit win scenarios up to an exceptional 4,760%... Want to know more, no strings? Click [here.]( The Future of Wireless, Harvested by Wi-Fi 6 [George Gilder]Dear Daily Prophecy Reader, Whew! Investors across the country are sighing with relief at the apparent end of the Bernie Sanders threat. Super-Tuesday supposedly issued a reprieve for American capitalism. But the real threat to our prosperity was never Bernie. He was a familiar sad-sack old communist demagogue from a dirt-floored hut in Vermont, where he grew up masturbating to Marxist texts. He was always less likely to move into the White House than into the similar hut of my simpatico old Harvard classmate, the Unabomber Ted Kaczynski. The Kaczynski hut was recently on display at the Newseum down Pennsylvania Avenue, where the curators will miss a huge opportunity if they fail to offer Sanders space and a wig and exhibit him in full rant for the delectation of tourists and historians visiting the Unabomber shrine. The real threat to our prosperity is the convergence of big-government welfare and warfare states with an ever more sclerotic regulatory bureaucracy. It is the continued capture of the Republican party by mercantilism: government control of trade and technology, which is just another form of socialism. Still afflicted with managerial government everywhere is our entire economy, from “private” healthcare “insurance” divided among 50 states and 400 congressional districts, to automobile engines across the land clogging up with Ethanol, from agricultural subsidies offered in proportion to the size of the “farm” and the uselessness of the output (see Ethanol above), to trade deals requiring China to further degrade our farms with mercantilist management and fake demand. This catalog doesn’t even include the perverted “green” policies that paralyze and stultify our power grid with the costly complexities of dealing with worthlessly erratic “energy” from windmills and solar panels that use up our one scarce resource, the arable surface of the planet while making the grid more vulnerable to cyberterrorists. Perhaps most outrageous are some $1.5 trillion in student loans for colleges and university administrations that took the money and gave it to themselves for anti-capitalist “diversity” and gender hustles. The mercantilist campaign climaxes with the depredations of courts, politicians, generals, and bureaucrats all competing to run our high tech companies into the ground on spurious pretexts of “privacy,” “monopoly,” and “national security.” On Oct. 23, this filthy-rich billionaire got an amazing tip… On Oct. 23, the filthy-rich billionaire who runs Facebook… Got an amazing recommendation… Straight from one of the highest-ranking Republicans in Congress. It was so potentially lucrative, we believe any American could use that same advice to make an absolute fortune over the years ahead. [Maybe that’s why we offer the same advice here — absolutely free.]( Click the link you see above for details. The Electromagnetic Spectrum and 5G Manifested today, without help from Bernie, are the insidious crypto-socialist effects of the worldwide campaign for 5G — "fifth-generation” wireless. Depicted as a revolutionary innovation that will expand the speed and capacity of networks up to a hundredfold, 5G is mostly a rearguard movement of the telecom establishment in both the public and private sectors to protect the old regime of exclusive spectrum bands ultimately taxed and run by the government. I opened my book Telecosm with a chapter on the spectrum called Maxwell’s Rainbow, after James Clerk Maxwell, who defined the spectrum mathematically in a discovery that Richard Feynman declared would dwarf in significance the US Civil War that ended in the same year 1865. As I described it: “The supreme abundance of the telecosm is the electromagnetic spectrum, embracing all the universe of vibrating electrical and magnetic fields, from powerline pulses through light beams to cosmic rays…When things oscillate, they make waves, and in that magic moment, the possibility of the telecosm is born… The unity of the spectrum makes possible the ubiquity and interoperability of communications systems and thus enables the unification of the world economy in the new era… Each wavelength has its own distinct characteristics — some are better at transmitting raw power, others for traveling long distances, others for carrying digital bits.” Maxwell proved that all of them travel at the speed of light in a vacuum. Frequencies and wavelengths change, but light speed delay — the time it takes to propagate an electromagnetic wave — never changes. “The potential number of frequencies is infinite, limited only by how finely your technology can parse the rainbow.” Suppose that you are a superhuman drummer, moving at 3,000 beats a second; you are transferring the same number of oscillations that can be carried by a copper telephone wire. At some 30,000 hertz, you have broken the sound barrier because you are sending out wave crests faster than they can be heard. But you remain near the very bottom of the electromagnetic spectrum. “At the other extreme are gamma rays, creatures of cosmic explosions and giant particle accelerators, a frequency of 10 to the 24th hertz. Below gamma rays is the telecosm, the gigantic span of frequencies that Maxwell bridged with his mind, most of it now open for human use. The usual argument for government management of spectrum is that it is a “scarce natural resource, like beachfront property.” So is air and water and sand, which being more scarce could be nationalized with much more sense. If it is not regulated and assigned exclusively to responsible players, so goes the theory, the spectrum will fill up with noise and clutter and interference from competing emitters. The chosen method to prevent this outcome is government appropriation of the “electromagnetic spectrum,” its division into exclusive bands, and their distribution to the companies that bid highest in auctions run by the Federal Communications Commission (FCC). But the electromagnetic spectrum used for communications is not a natural resource. It is created by the ingenuity of engineers inventing such transmitter-receivers, antennas, and related components as masers, lasers, oscillators, mixers, photodetectors, klystron tubes, modulators, quantum wells, and other devices mostly based on microchips. When the government controls some resource it stifles creativity. In the case of the electromagnetic spectrum, government management ossified the industry around the idea that reliable communications systems require exclusive spectrum allocations. Today’s Prophecy At the time of the first spectrum auctions, I wrote a cover story in Forbes, entitled “Stop the Auctions.” Auctions favor the companies with the most money rather than with the best engineers or most inventive technologists. I predicted that all the action in telecom would shift to the unlicensed ISM bands allocated for industrial, scientific, and medical uses in places such as factory floors, laboratories, and hospitals that could not apply for new spectrum every time they wanted to change a frequency. Sure enough, today, 30 years after my article, some 80% of calls and data exchanges are terminated by Wi-Fi in unlicensed bands, not in the exclusive bands owned by big telecom. AT&T, Verizon, and other spectrum owners actually welcome the proliferation of Wi-Fi systems that relieve them of the responsibility for accommodating the huge mass of Internet traffic. The use of unlicensed bands is enabled by what is called smart radio technology or “cognitive radio.” This is an advanced transmission technology in which frequencies, tuning, and protocols are defined using software programming rather than fixed hardware. Such a radio could be used for wireless handsets or base stations that can transmit their signals not just in assigned spectrum bands but in any frequencies with unused capacity. This is the future of wireless, not 5G. It will be harvested first by a new technology called Wi-Fi 6, which I predict will end up handling far more traffic than all of 5G put together. Regards, [George Gilder] George Gilder Editor, Gilder's Daily Prophecy CLAIM YOUR 5-MINUTE GUIDE TO RETIREMENT [side hustle bible](Thanks to a brand-new, one-of-a-kind website, you can earn a steady stream of income even while you sleep. Yet less than 1% of folks know how to take advantage of it. You can find it on Page 13 of a brand-new book by best-selling author James Altucher. Think of it as your [5-minute guide]( to retirement, because any one of the ideas inside this 372-page book could help you retire. Copies are available on a first-come, first-served basis. When they’re gone, they’re gone. [All that’s left to do is to learn how to claim your copy today!]( [Gilder Press] To end your Gilder's Daily Prophecy e-mail subscription and associated external offers sent from Gilder's Daily Prophecy, [click here to unsubscribe](. If you are having trouble receiving your Gilder's Daily Prophecy subscription, you can ensure its arrival in your mailbox by [whitelisting Gilder's Daily Prophecy.]( Gilder's Daily Prophecy is committed to protecting and respecting your privacy. Please read [our Privacy Statement.]( Gilder Press, a division of Laissez Faire Books, LLC. 808 Saint Paul Street, Baltimore MD 21202. Nothing in this e-mail should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. © 2020 Gilder Press, a division of Laissez Faire Books, LLC. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Gilder Press, a division of Laissez Faire Books, LLC. EMAIL REFERENCE ID: 401GDPED01

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