Bitcoin

Force

Reported by Cryptoslate, U.S. Space Force Major Jason Lowery has brought a novel perspective on Bitcoin to light, extending its significance far beyond finance and into national defense and cybersecurity.
In a detailed letter to the Defense of Defense’s (DoD) Innovation Board, Lowery argued that Bitcoin and similar proof-of-work (PoW) protocols hold substantial strategic importance, urging the government to delve deeper into their potential applications.
The major’s letter contextualized Bitcoin within the military strategy of an offset approach. The concept historically involves leveraging technological advancements to counterbalance adversaries’ strengths.
Lowery suggested that Bitcoin and its underlying technology could serve as contemporary tools in this regard, potentially redefining the landscape of cyber warfare and defense.
Lowery described Bitcoin as a pioneering “macrochip,” a concept that transforms the global electric power grid into a vast, resource-intensive computer. This innovative approach, he argued, introduces physical costs into the digital domain, offering a new method of securing a wide array of data across the internet.
According to Lowery, this strategy challenges the conventional paradigms of cybersecurity and could mark a significant shift in protecting national interests in the digital age.
Lowery also addressed the ongoing challenges in cybersecurity, highlighting the inadequacies of existing software-based solutions. He proposed that the proof-of-work protocol, as exemplified by Bitcoin, represents a significant innovation in this field.
By introducing the notion of real-world physical costs as deterrents in cyberspace, this approach could revolutionize the way digital security is enforced.

US Space Force Major Suggest Bitcoin's Role in National Defense and Cybersecurity

TokenInsight

Other articles published on Dec 4, 2023

These Altcoins Are Poised to Reach $1 Before the End of 2024; Is It a Good Time to Buy?

Terra Classic more than doubled in a week, analyst weighs in

Rival Exchanges Gain Market Share Amidst Binance Settlement

AAVE Price Prediction: Aave Regains $100; Will it Trigger Rally?

Synthetix in bullish zone, Galaxy Fox presale eyes $500K

Bitcoin Gains Momentum Overcoming $40,000 in Early December

Join our free newsletter for daily crypto updates!