Bitcoin: The Ultimate Weapon in the Digital Cold War?
According to a new MIT masters thesis by US Space Force Major Jason Lowery, Bitcoin is not just internet money, but a weapon that could be utilized in modern warfare. In a 400-page dissertation, Lowery claims that the proof-of-work consensus mechanism presents a shift in the way world powers could wage war.
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Instead of traditional weapons, nations would compete for Bitcoin block rewards. Lowery's book, titled “Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin,” suggests that the asset could have a dramatic impact on how humans organize, cooperate, and compete on a global scale.
Lowery notes that the bitcoin network is resistant to hacker attacks. And to protect it, he recommends developing a domestic cryptocurrency mining industry that would meet the interests of the United States.
The major warns that the US should adopt Bitcoin immediately in a bid to avoid losing its status as a global superpower. Critics argue that the US government has offered no support for Bitcoin and instead opts to regulate digital assets through litigation with little discourse. Lowery contends that it is a national strategic imperative to support and adopt Bitcoin.
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