12/13/2023 / By Ethan Huff
In a detailed letter to the Department of Defense‘s (DoD) Innovation Board, U.S. Space Force Maj. Jason Lowery expanded the potential use cases for Bitcoin.
In Lowery’s view, Bitcoin’s significance in finance extends far beyond its current application into areas like cybersecurity and national defense. Lowery argues that Bitcoin and other similar proof-of-work (PoW) protocols are extremely valuable in terms of their strategic importance.
Contextualizing Bitcoin within the military strategy of an offset approach, Lowery’s letter proposes that Bitcoin and its underlying technology could be useful in contemporary military settings, including as a tool to counterbalance the strengths of an adversary.
Describing Bitcoin as a pioneering “macrochip,” Lowery believes the cryptocurrency and others like it have the potential to completely redefine the landscape of cyber warfare and defense.
Since cryptocurrencies like Bitcoin already require large amounts of power and energy to “mine” and transact, Lowery believes these physical costs that are built into the digital domain offer new methods of securing data across the web.
Think of it like the government making a shift into digital currency in order to protect national interests in the digital age. This is the crux of Lowery’s argument to the DoD.
(Related: Will Bitcoin win out as the global reserve cryptocurrency or will it be something else?)
Whether the world likes it or not, everything is being digitalized. No longer do humans live in an analog world where things are real: everything is becoming an image, including the concept of money as it relates to Bitcoin.
Cryptocurrencies like Bitcoin offer individual users a way to transact and store value without the need for paper currency. They also have the potential to completely sidestep the central banking paradigm that maintains a stranglehold over the world economy.
Lowery would seem to be trying to help America’s deep state learn how to get ahead of the decentralization curve and maintain its control over the human herd – but will it work this time? Perhaps not.
Lowery says he worries that the global balance of power with the U.S. maintaining world dominancy is at risk in this new digital era. Maintaining centralized control over the planet is getting increasingly harder, in other words, and Lowery is apparently worried about it.
In his role as the U.S. National Defense Fellow and Deputy Director of Technology & Innovation at Space Launch Delta 45, Lowery’s job duties include paying attention to these kinds of threats to the establishment – and apparently Bitcoin is a threat, based on his letter’s contents.
Because of how seriously the global transition into crypto threatens the powers that be, Lowery is urging the Defense Innovation Board and the Office of the Secretary of Defense to prioritize an investigation into Bitcoin and other similar technologies to either undermine or take control of them.
Lowery’s stated goal is to push Bitcoin and other similar technologies into the government’s purview so the United States can “maintain its position as a global superpower in an evolving digital landscape,” to quote Bitcoin Insider.
“Addressing this could be vital for the U.S. to maintain its positions as a global superpower and leader among nations, especially in an increasingly digital and interconnected world plagued by security vulnerabilities,” Lowery said.
“[It is] the beginning of a cybersecurity revolution. It converts the global electric power grid into a large, physically costly computer, or ‘macrochip,’ and uses it to physically constrain malicious actors and safeguard a wide range of data and messages traversing the internet.”
Learn more about the coming U.S. economic implosion at DollarDemise.com.
Sources for this article include:
Tagged Under:
big government, bitcoin, bubble, computing, conspiracy, cryptocurrency, currency clash, currency crash, currency reset, deep state, dollar demise, finance riot, future tech, glitch, Jason Lowery, money supply, risk, space force, tyranny
This article may contain statements that reflect the opinion of the author
COPYRIGHT © 2022 FinanceRiot.com
All content posted on this site is protected under Free Speech. FinanceRiot.com is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. FinanceRiot.com assumes no responsibility for the use or misuse of this material. All trademarks, registered trademarks and service marks mentioned on this site are the property of their respective owners.