Space Force Major Jason Lowery believes the US government should hoard Bitcoin (BTC) and set up mining operations to compete for a share of control of the network.
He goes on to explain that BTC should be protected under the Second Amendment since it is essentially a weapon for self-defense.
Lowery’s proposal is part of his thesis entitled “Software” – currently the best-selling technology book on Amazon. Released on February 18th, it is quickly taking the crypto community by storm for its notion that Bitcoin has national significance.
Bitcoin is a weapon
In his thesis, Lowery argues that the Bitcoin network is analogous to maritime trade routes and that governments should ensure that free shipping and trade on the network is protected. Lowery also argues that this is a military necessity and that the next generation of warfare will be cyber.
Additionally, Lowery believes that Bitcoin could serve as a cybersecurity tool by integrating its validation system with other programs.
In this scenario, a program would be designed to only respond to external signals when they are recorded during transactions on the Bitcoin network – essentially putting an end to cyberattacks such as denial of service.
Lowery believes the Bitcoin network is the best option
‘Software’
The main premise of Lowery’s thesis is that Bitcoin’s Proof-of-Work (PoW) consensus mechanism offers states a new method to compete for power and resources that does not involve bloodshed or physical violence. He recalled the example of the Cold War, a time when countries competed for prestige through sports and chess.
However, in the case of these PoW competitions, countries would compete for network tokens – like Bitcoin – and the right to validate the resulting blocks on the network. Lowery paints these PoW contests as a way for governments to control networks used to assign abstract property rights.
In this scenario, the need for the state to protect and control the network becomes paramount, the thesis says.
Lowery further suggests that governments should agree to use the Bitcoin network for this purpose.
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