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Reading: US Bitcoin National Defense Policy promotes ‘Mutually Assured Preservation’ – Lowery
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Your Crypto News Today > News > Crypto > Bitcoin > US Bitcoin National Defense Policy promotes ‘Mutually Assured Preservation’ – Lowery
Bitcoin

US Bitcoin National Defense Policy promotes ‘Mutually Assured Preservation’ – Lowery

November 8, 2024 3 Min Read
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US Bitcoin National Defense Policy promotes ‘Mutually Assured Preservation’ – Lowery

US Area Drive Main and writer of “Softwar,” Jason Lowery, calls on the US to reassess Bitcoin’s position with a US Bitcoin Nationwide Protection coverage proposal. He contends that Bitcoin represents a strategic device 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 under in 2021 to focus on how Bitcoin can exchange 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.”

Bitcoin reduces cost of human life (Source: Jason Lowery)
Bitcoin reduces the price of human life (Supply: Jason Lowery)

He argues that Bitcoin’s Proof-of-Work mechanism permits for cyber sovereignty by bodily securing data and digital belongings in a trustless, peer-to-peer method. This method parallels how nations safe land, sea, air, and area domains. He believes this facet of Bitcoin is a revolutionary development in pc concept that’s at present 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 US 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. Based on Lowery, understanding these elementary 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 after the idea of “Bitcoin equals bitpower” is acknowledged, it turns into evident that holding solely 1,000,000 items doesn’t meet the nation’s wants.

To safe entry to Bitcoin, Lowery recommends constructing a strong hashing trade, known as a “U.S. Hash Drive.” He notes that whereas this initiative doesn’t must be government-led, help from the federal government might assist seed its growth. Drawing a parallel to how the US Area Drive helps industrial launch firms to make sure entry to orbit, he suggests comparable help might present entry to the Bitcoin ledger.

In his thesis, Lowery describes Bitcoin as essentially the most bodily highly effective and environment friendly energy projection device found by mankind. He characterizes it as a non-kinetic protection system that might usher in a peaceable energy steadiness termed “Mutually Assured Preservation.”

Bitcoin energy projection (Supply: Jason Lowery, Softwar)

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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