Using a 4G LTE home internet service isn't quite the same as running a hot spot though. Instead of having everything come through your phone, you set up a router to speak directly to the 4G LTE network, and then that router converts the signal into the conventional Wi-Fi that we all know and love. You don't need SIM cards for every gadget you're connecting, because they just see your home Wi-Fi as normal.
Latency—the speed with which your inputs reach the web and ping back again—can be a problem for certain uses such as gaming, but like most other technologies, 4G LTE is getting better over time. As the years go by it's also getting cheaper, reaching more areas at faster speeds, and becoming more viable for more people. Other restrictions such as data caps are starting to disappear in some cases too, though it's still worth bearing these caps in mind when comparing services.
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