US House Power Main and writer of “Softwar,” Jason Lowery, calls on the USA to reassess Bitcoin’s position with a US Bitcoin Nationwide Protection coverage proposal. He contends that Bitcoin represents a strategic software for nationwide protection through the use of bodily energy to safe our on-line world, emphasizing its significance past a mere monetary asset.
Lowery shared the diagram beneath in 2021 to focus on how Bitcoin can change the present system, which he describes as “the chain of custody for [land, gold, oil, and equities] is written in blood.” He additional said,
“Not having to waste human life to defend monetized wealth is price each watt.”
He argues that Bitcoin’s Proof-of-Work mechanism permits for cyber sovereignty by bodily securing info and digital property in a trustless, peer-to-peer method. This method parallels how nations safe land, sea, air, and house domains. He believes this facet of Bitcoin is a revolutionary development in pc principle that’s at the moment undervalued.
Lowery criticizes the Division of Protection for its lack of initiative. He finds it unacceptable that the company shouldn’t be proactive sufficient in exploring the cybersecurity advantages of reusable Proof-of-Work networks like Bitcoin. He asserts that the USA ought to lead and actively fund associated analysis on this space.
He additionally highlights policymakers’ want for extra exact steering on distinguishing between Bitcoin and different blockchain applied sciences. In response to Lowery, understanding these basic variations is essential for forming efficient methods.
Addressing the nation’s strategic reserves, Lowery believes that any deliberate Bitcoin holdings are inadequate. He suggests that when the idea of “Bitcoin equals bitpower” is acknowledged, it turns into evident that holding solely one million models doesn’t meet the nation’s wants.
To safe entry to Bitcoin, Lowery recommends constructing a sturdy hashing trade, known as a “U.S. Hash Power.” He notes that whereas this initiative doesn’t should be government-led, assist from the federal government may assist seed its growth. Drawing a parallel to how the US House Power helps industrial launch firms to make sure entry to orbit, he suggests comparable assist may present entry to the Bitcoin ledger.
In his thesis, Lowery describes Bitcoin as essentially the most bodily highly effective and environment friendly energy projection software found by mankind. He characterizes it as a non-kinetic protection system that would usher in a peaceable energy steadiness termed “Mutually Assured Preservation.”
Lowery goals to shift the dialog and immediate actionable steps from policymakers and protection companies by reframing Bitcoin as a strategic asset integral to nationwide safety.
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