Bitcoin Goes Cosmic: US Space Force Official Labels Crypto As Nationally Strategic


Enter a new realm of cryptocurrencies where Bitcoin plays a major role in cybersecurity and national defense in addition to finances. US Space Force Major Jason Lowery clarifies the surprising significance of Bitcoin by providing a viewpoint that goes beyond money and cents and touches on matters of strategic importance.

In a carefully worded letter to the Defense Innovation Board, Major Lowery fervently argues for the strategic use of the crypto and similar proof-of-work (PoW) systems.

How To Get Free Crypto  

Lowery makes a strong case for these cryptographic systems, arguing that they have enormous potential and significant strategic ramifications. He calls on the government to start investigating in-depth the range of ways that PoW protocols and Bitcoin could advance defense and innovation projects.

Bitcoin’s Military Impact: Effectiveness And Counter-Threat Capabilities

Lowery makes the case that Bitcoin is not only a ground-breaking technology that can improve the resiliency, effectiveness, and transparency of the US military but also 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.

While the ramifications of Bitcoin for the “monetary system” were widely understood, according to Lowery, few people were aware that the leading cryptocurrency could also be used to secure “any types of data, messages, or command signals.”

The Space Force official described Bitcoin as a cybersecurity “paradigm shift” that was in perfect harmony with the “idea of a strategic offset.”

Coinbase Banner  

In this sense, Lowery proposed that Bitcoin and its underlying technology might function as modern weapons, possibly changing the face of cyberwarfare and defense.

 Bitcoin slightly below the $42K level today. Chart: TradingView.com

Lowery said Bitcoin is a ground-breaking “macrochip,” a theory that turns the world’s electrical system into a massive, resource-hungry computer. He said that by bringing physical expenses into the digital realm, this novel strategy offers a fresh approach to safeguarding a variety of data over the internet.

Lowery, an Air Force Institute of Technology PhD candidate in engineering management and space operations officer, calls Bitcoin “the most significant innovation in the history of money and accounting” and notes that it will have a huge impact on the “future of warfare.”

Image credit: Gabriel Garcia

Security Warning: Insights On Military Data And Adversarial Exploitation

Lowery had previously written a paper that went on to become an Amazon best-seller. According to the research “Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin,” the crypto might be helpful for military-grade data security.

FreeBitcoin Banner  

Lowery also cautions that disregarding or undervaluing Bitcoin can have detrimental effects on the national security and defense of the United States. He lists numerous instances of how adversaries are already taking use of Bitcoin’s benefits. For instance, China controls a significant amount of the network’s processing power due to its supremacy in Bitcoin mining, and Russia uses Bitcoin to finance its cyberwarfare operations.

The use of Bitcoin by Iran to assist its ballistic missile and nuclear projects, as well as to get under US sanctions, was another significant development. North Korea’s theft of Bitcoin from wallets and exchanges in order to fund its weapons programs is also one of the concerns of the Space Force official.

On December 20, 2019, the National Defense Authorization Act became a law, establishing the US Space Force as the first new branch of the armed forces since 1947. Widespread acceptance that space exploration is essential to national security led to the creation of the USSF.

Featured image from US Space Force

Go to Source
Author: Christian Encila


Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

You May Also Like

More From Author

This site uses Akismet to reduce spam. Learn how your comment data is processed.