• Space Force Major Jason Lowery believes that the U.S. government should stockpile Bitcoin and set up mining operations to compete for a share of control over the network.
• He further states that BTC should be protected under the second amendment as it is essentially a weapon for self-defense.
• Lowery further argues that Bitcoin could serve as a cybersecurity tool by integrating its validation system with other programs, therefore putting an end to cyber-attacks like denial-of-service.
Space Force major Jason Lowery has proposed in his graduate thesis „Softwar“ that the U.S. government should stockpile Bitcoin (BTC) and set up mining operations to compete for a share of control over the network, while protecting it under the second amendment as it is essentially a weapon for self-defense. Furthermore, he believes that Bitcoin could serve as a cybersecurity tool by integrating its validation system with other programs, therefore putting an end to cyber-attacks like denial-of-service.
Why Hold Bitcoin?
Lowery’s thesis argues that the Bitcoin network is analogous to maritime trade routes and that governments should ensure free navigation and trade on the network are protected, making it a military imperative due to next generation warfare being cyber warfare in nature. This would involve designing programs which only respond to external signals if they are recorded on transactions on the Bitcoin network, thus minimizing cyber attacks such as denial-of service attacks.
Compete For Power & Resources
Lowery also proposes that states use proof of work consensus mechanisms which offer them new age methods for competing for power and resources without bloodshed or physical force; similar to how during cold war countries competed with each other through sports and chess for prestige but now countries will compete for tokens like Bitcoin and rights of validating blocks on networks used assigning abstract property rights.
What Is ‚Softwar‘?
„Softwar“ is Lowery’s graduate thesis wherein he claims that cryptocurrencies can provide state governments with new ways of controlling networks used to assign abstract property rights -all without bloodshed or physical force-. Furthermore, he explains how cryptocurrencies can also be used in cybersecurity measures by integrating their validation systems with other programs thus preventing Denial Of Service (DoS) attacks from taking place successfully in future times.
Major Jason Lowery’s proposal has created quite an uproar among crypto communities due to its idea of giving national importance to cryptocurrencies such as Bitcoins (BTC). His suggestions have been accepted positively so far and we hope this proves beneficial in providing better security against DoS attacks in future times too!