Cryptocurrency

Space Force major urges Pentagon to hold Bitcoin, give it 2nd amendment protection

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CoinDesk Consensus

space force major Jason Rowley believes the US government should stockpile Bitcoin (BTC) and launch mining operations to vie for control of the network.

He further states that BTC should be protected under the Second Amendment as it is essentially a weapon of self-defense.

Laurie’s proposal is part of his graduation thesis called “.software— is currently the best-selling technology book on Amazon. It was published on his February 18th and is rapidly taking the cryptocurrency community by storm with the idea that Bitcoin has national significance.

bitcoin is a weapon

In his paper, Lowry argued that the Bitcoin network resembles a maritime trade route and that governments should ensure that free navigation and trade on the network are protected. . Lowry also argues that this is a military imperative and that the next generation of warfare will be cyber.

Additionally, Lowery believes Bitcoin could serve as a cybersecurity tool by integrating Bitcoin’s verification system with other programs.

In this scenario, the program is designed to respond to external signals only if they are recorded in transactions on the Bitcoin network. This essentially ends cyberattacks such as denial of service.

Lowry believes the Bitcoin network is the best option

“software”

Lowry’s paper’s main premise is that Bitcoin’s Proof of Work (PoW) consensus mechanism will provide states with a new-age way to compete for power and resources without bloodshed or physical force. That’s it. He brought to mind the Cold War as an example. During the Cold War, countries competed for prestige through sports and chess.

However, for these PoW contests, countries compete for network tokens (such as Bitcoin) and the right to validate subsequent blocks on the network. Lowery paints these PoW contests as a way for governments to control networks used to assign abstract property rights.

According to the paper, the need for nation-states to protect and control their networks is paramount in this scenario.

Lowry further suggests that governments should agree to use the Bitcoin network for this purpose.

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