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it may have high speeds, but extremely high latency
probably worse than dialup for games
get cable or fiber
Also you connect to a ground station as a user and the ground stations connect to the satellites, so how close you are to a ground station has affect.
Satellite Internet will have issues in bad whether. Where as a 5G cell service would not. Such as TMobile 5G Home Internet
You might be confusing the old GEO satellite internet. Geosynchronous orbit lies at a distance of 35,786 km from Earth, and all subscribers are sharing the same satellite. Starlink satellites are LEO, or about 2,042 km from Earth, less than 1/17th the distance. Obviously, such a satellite orbits the earth about 12 times a day, so there are a ton of them up there operating in a grid pattern, communicating with each other as well as the ground. As long as you have line of sight on one, you are connected.
Of course cable or fiber is better, but for those whom that's not an option, a LEO satellite connection is a very reasonable alternative.