US Space Force Major urges Defense Department to adopt Bitcoin as an 'offset strategy'

cyptouser10 months agoCryptocurrencies News149

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.

Macrochip

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.

Recommendations to DoD

The letter further explored the implications of this technology for cyber warfare and defense strategies. Lowery emphasized the need for the United States to recognize and quickly adapt to Bitcoin’s potential as a strategic offset in cybersecurity.

He warned that failure to do so could impact the global balance of power, especially in an era where digital and interconnected systems are increasingly vulnerable to security breaches.

In his role as the U.S. National Defense Fellow and Deputy Director of Technology & Innovation at Space Launch Delta 45, Lowery brings a nuanced understanding of both national defense and digital technology. His perspective underscores the urgency for the U.S. to explore and potentially integrate these technologies into its defense strategies.

Lowery strongly recommended that the Defense Innovation Board advise the Office of the Secretary of Defense to prioritize the investigation of Bitcoin and similar technologies.

He highlighted that this proactive approach is critical to understanding and effectively utilizing these technologies for national defense and cybersecurity, ensuring that the U.S.S. maintains its position as a global superpower in an evolving digital landscape.

The content on this website comes from the Internet. Due to the inconvenience of proofreading the authenticity and accuracy of the copyright or content of some content, it may be temporarily impossible to confirm the authenticity and accuracy of the copyright or content. For copyright issues or other issues caused by this, please Call or email this site. It will be deleted or changed immediately after verification.

related articles

Hong Kong Bitcoin, Ethereum ETFs expected to outperform US counterparts’ volume on day 1

As Hong Kong braces for the debut of its first spot Bitcoin and Ethereum ETFs, expectations are soar...

Swiss leaders plan to enforce global crypto reporting framework

55966e89˃The highest authority in Switzerland issued a public consultation for its plans to adopt gl...

Crypto users fooled by fake Elizabeth Warren letter proposing crypto tax

Crypto users fooled by fake Elizabeth Warren letter proposing crypto tax

1205f261˃Many social media users appeared to be fooled by an anti-crypto policy proposed by Massachu...

Avalanche Foundation's memecoin acquisition plan prompts 200% rally in meme token prices

Several Avalanche-based memecoins are up more than 100% today after the blockchain network’s Foundat...

Bitcoin price nails new $73.6K all-time high as ETFs eat away at supply

Bitcoin price nails new $73.6K all-time high as ETFs eat away at supply

b98df8a0˃Bitcoin (BTC) hit price discovery again before the March 13 Wall Street open as bulls beat...

UK triples funds for AI supercomputer to £300 million to boost AI safety research

The UK government has announced a significant boost to its artificial intelligence (AI) prowess, wit...