Enter a brand new realm of cryptocurrencies the place Bitcoin performs a serious position in cybersecurity and nationwide protection along with funds. US Space Force Major Jason Lowery clarifies the shocking significance of Bitcoin by offering a viewpoint that goes past cash and cents and touches on issues of strategic significance.
In a fastidiously worded letter to the Defense Innovation Board, Major Lowery fervently argues for the strategic use of the crypto and comparable proof-of-work (PoW) techniques.
Lowery makes a robust case for these cryptographic techniques, arguing that they’ve monumental potential and important strategic ramifications. He calls on the federal government to begin investigating in-depth the vary of ways in which PoW protocols and Bitcoin may advance protection and innovation tasks.
Bitcoin’s Military Impact: Effectiveness And Counter-Threat Capabilities
Lowery makes the case that Bitcoin shouldn’t be solely a ground-breaking know-how that may enhance the resiliency, effectiveness, and transparency of the US army but additionally a potent weapon to counter the threats posed by adversaries like China, Russia, and Iran in a four-page letter to the US Defense Innovation Board on December 2.
BREAKING: US Space Force Major, Jason Lowery sends open letter about #Bitcoin to DOD’s Defense Innovation Board.
“I contend that reusable proof-of-work networks like #Bitcoin represent an offset strategy for the 21st century.” pic.twitter.com/qiLZ71S5MN
— Dennis Porter (@Dennis_Porter_) December 3, 2023
While the ramifications of Bitcoin for the “monetary system” have been extensively understood, in keeping with Lowery, few folks have been conscious that the main cryptocurrency may be used to safe “any types of data, messages, or command signals.”
The Space Force official described Bitcoin as a cybersecurity “paradigm shift” that was in excellent concord with the “idea of a strategic offset.”
In this sense, Lowery proposed that Bitcoin and its underlying know-how may operate as fashionable weapons, probably altering the face of cyberwarfare and protection.
Bitcoin barely under the $42K degree in the present day. Chart: TradingView.com
Lowery stated Bitcoin is a ground-breaking “macrochip,” a principle that turns the world’s electrical system into a large, resource-hungry laptop. He stated that by bringing bodily bills into the digital realm, this novel technique presents a recent method to safeguarding a wide range of knowledge over the web.
Lowery, an Air Force Institute of Technology PhD candidate in engineering administration and house operations officer, calls Bitcoin “the most significant innovation in the history of money and accounting” and notes that it’ll have a big impact on the “future of warfare.”
Image credit score: Gabriel Garcia
Security Warning: Insights On Military Data And Adversarial Exploitation
Lowery had beforehand written a paper that went on to develop into an Amazon best-seller. According to the analysis “Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin,” the crypto is likely to be useful for military-grade knowledge safety.
Lowery additionally cautions that disregarding or undervaluing Bitcoin can have detrimental results on the nationwide safety and protection of the United States. He lists quite a few cases of how adversaries are already taking use of Bitcoin’s advantages. For occasion, China controls a big quantity of the community’s processing energy as a result of its supremacy in Bitcoin mining, and Russia makes use of Bitcoin to finance its cyberwarfare operations.
The use of Bitcoin by Iran to help its ballistic missile and nuclear tasks, in addition to to get below US sanctions, was one other important growth. North Korea’s theft of Bitcoin from wallets and exchanges with a purpose to fund its weapons applications can also be one of many considerations of the Space Force official.
On December 20, 2019, the National Defense Authorization Act turned a regulation, establishing the US Space Force as the primary new department of the armed forces since 1947. Widespread acceptance that house exploration is crucial to nationwide safety led to the creation of the USSF.
Featured picture from US Space Force