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Home CRYPTO

US Space Force Major Jason Lowery Highlights Bitcoin as Potential Cybersecurity Asset

BlockNews.com Team by BlockNews.com Team
December 4, 2023
in CRYPTO, INVESTING, POLITICS
Reading Time: 2 mins read
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  • Major Jason Lowery of the US Space Force urged the Defense Innovation Board to investigate Bitcoin’s proof-of-work system as a potential cybersecurity tool, arguing it creates a costly “macrochip” that deters malicious actors.
  • Lowery believes adopting Bitcoin could revolutionize cybersecurity and help the US maintain global leadership, calling it a “strategic offset for the 21st century.”
  • Coinbase CEO Brian Armstrong agreed Bitcoin could extend US dominance by complementing the dollar as an inflation hedge if the dollar declines in reserve status.

Major Jason Lowery of the United States Space Force recently sent an open letter to the Defense Innovation Board, urging them to investigate Bitcoin’s potential as a cybersecurity tool. Lowery believes Bitcoin’s proof-of-work system could help deter cyberattacks and safeguard data.

Proof-of-Work as a Cyber Deterrent

Lowery explained that Bitcoin’s energy-intensive proof-of-work mining mirrors physical security strategies, creating a costly computer “macrochip” that constrains malicious actors online. He says this could revolutionize cybersecurity and help the US maintain global leadership, calling it a “strategic offset for the 21st century.”

BREAKING: US Space Force Major, Jason Lowery sends open letter about #Bitcoin to DOD’s Defense Innovation Board.

“I contend that reusable proof-of-work networks like #Bitcoin represent an offset strategy for the 21st century.” pic.twitter.com/qiLZ71S5MN

— Dennis Porter (@Dennis_Porter_) December 3, 2023

Urging Investigation by Defense Innovation Board

The Defense Innovation Board advises the Department of Defense on adopting innovative Silicon Valley practices. Lowery urged them to recognize Bitcoin’s strategic potential and advise investigating its national security applications before more time is lost.

Potential to Extend US Dominance

Coinbase CEO Brian Armstrong agreed, arguing Bitcoin could help extend US dominance by complementing the dollar as an inflation hedge if the dollar declines. He believes crypto provides an alternative to other nations’ currencies if the dollar loses reserve status.

Revolution to Cybersecurity

Major Lowery’s letter signals growing recognition within the US military that Bitcoin’s proof-of-work design could revolutionize cybersecurity. If the Defense Department investigates Bitcoin’s strategic potential as Lowery recommends, it could lead to greater Bitcoin adoption for national security applications.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BitcoinCybersecurityus space force
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BlockNews.com Team

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