US Space Force Major and author of “Softwar,” Jason Lowery, calls on the United States to reassess Bitcoin’s role with a US Bitcoin National Defense policy proposal. He contends that Bitcoin represents a strategic tool for national defense by using physical power to secure cyberspace, emphasizing its significance beyond a mere financial asset.
Lowery shared the diagram below in 2021 to highlight how Bitcoin can replace the current system, which he describes as “the chain of custody for [land, gold, oil, and equities] is written in blood.” He further stated,
“Not having to waste human life to defend monetized wealth is worth every watt.”
Bitcoin reduces the cost of human life (Source: Jason Lowery)
He argues that Bitcoin’s Proof-of-Work mechanism allows for cyber sovereignty by physically securing information and digital assets in a trustless, peer-to-peer manner. This approach parallels how nations secure land, sea, air, and space domains. He believes this aspect of Bitcoin is a revolutionary advancement in computer theory that is currently undervalued.
Lowery criticizes the Department of Defense for its lack of initiative. He finds it unacceptable that the agency is not proactive enough in exploring the cybersecurity benefits of reusable Proof-of-Work networks like Bitcoin. He asserts that the United States should lead and actively fund related research in this area.
He also highlights policymakers’ need for more precise guidance on distinguishing between Bitcoin and other blockchain technologies. According to Lowery, understanding these fundamental differences is crucial for forming effective strategies.
Addressing the nation’s strategic reserves, Lowery believes that any planned Bitcoin holdings are insufficient. He suggests that once the concept of “Bitcoin equals bitpower” is recognized, it becomes evident that holding only a million units does not meet the country’s needs.
To secure access to Bitcoin, Lowery recommends building a robust hashing industry, referred to as a “U.S. Hash Force.” He notes that while this initiative doesn’t need to be government-led, support from the government could help seed its development. Drawing a parallel to how the US Space Force supports commercial launch companies to ensure access to orbit, he suggests similar support could provide access to the Bitcoin ledger.
In his thesis, Lowery describes Bitcoin as the most physically powerful and efficient power projection tool discovered by mankind. He characterizes it as a non-kinetic defense system that could usher in a peaceful power balance termed “Mutually Assured Preservation.”
Bitcoin power projection (Source: Jason Lowery, Softwar)
Lowery aims to shift the conversation and prompt actionable steps from policymakers and defense agencies by reframing Bitcoin as a strategic asset integral to national security.
The post US Bitcoin National Defense Policy promotes ‘Mutually Assured Preservation’ – Lowery appeared first on CryptoSlate.
