US major predicts Bitcoin recognition as a weapon system as catalyst for $100 million price target

4 months ago

US Space Force Major Jason Lowery has made a bold assertion regarding Bitcoin, describing it arsenic a imaginable limb strategy and emphasizing its strategical value for nationalist security. Lowery, who is besides a nationalist defence chap astatine MIT, has been vocal astir the request for the US subject to prioritize the probe and integration of proof-of-work systems similar Bitcoin. He argues that Bitcoin’s proof-of-work statement mechanics could service arsenic a important deterrent against cyberattacks, likening it to accepted subject assets that deter carnal attacks.

In a now-deleted X post, Lowery suggested that erstwhile the nationalist overcomes the fearfulness of authorities bans connected Bitcoin and recognizes it arsenic a defence system, the implications for nationalist information volition go clear. He speculated that this realization could thrust the worth of Bitcoin to $100 cardinal per coin. Lowery’s position is rooted successful his content that Bitcoin tin alteration the planetary electrical powerfulness grid into a massive, physically costly computer, oregon “macrochip,” which tin physically constrain malicious actors and safeguard information traversing the internet. This, helium claims, could kickstart a cybersecurity gyration and assistance the US support its presumption arsenic a planetary superpower.

“Once we determination past the fearfulness of govt banning u-know-what & are comfy calling it a weapon/defense system, the 2nd Amendment volition travel into play. But the existent excitement begins erstwhile everyone simultaneously realizes its value for nationalist information (think $100M per “coin”)”

Lowery’s views are elaborate successful his publication Softwar: A Novel Theory connected Power Projection and the National Strategic Significance of Bitcoin, which explores Bitcoin’s imaginable arsenic a instrumentality for nationalist information and powerfulness projection wrong the integer realm. However, the publication was reportedly removed from circulation and the MIT room for undisclosed reasons, adding a furniture of intrigue to his assertions. As of May 2024, the publication is disposable again connected Amazon.co.uk successful self-published format.

Lowery’s advocacy for Bitcoin extends to urging the US Department of Defense to formally analyse the nationalist strategical value of proof-of-work systems. He has argued that Bitcoin’s statement mechanics could deter adversaries from cyberattacks owed to the precocious carnal costs associated with maintaining the network, akin to however subject assets deter carnal attacks.

Lowery’s views person important broader implications, particularly arsenic the US grapples with the strategical worth of Bitcoin and crypto amid expanding regulatory scrutiny. His stance contrasts with the existent regulatory approach, which has been much focused connected litigation and power alternatively than enactment and integration of integer assets.