- Cathie Wood, CEO of ARK Invest, shared a letter by Jason Lowery, a member of the United States Space Force.
- Lowery’s four-page letter to the Defense Innovation Board outlines a Bitcoin proposal.
- Lowery advocates for adopting Bitcoin as a key element in US defense policy.
Cathie Wood, the CEO of ARK Invest, has shared a letter by Jason Lowery, a member of the United States Space Force. Lowery argues for the adoption of Bitcoin as a key component of US defense policy in a four-page letter to the Defense Innovation Board.
Lowery presents the idea of an “offset” strategy in a letter to the U.S. Defense Innovation Board, which uses technological breakthroughs to counteract conventional military advantages. He argues that the reusable PoW network of Bitcoin might function as a modern offset tactic, changing the nature of cyber warfare.
Lowery explores the shortcomings of conventional cybersecurity while highlighting the move toward physical defenses. He describes “proof-of-work” as a technique to increase the physical cost of cyberattacks.
A “macrochip” is a big, resource-intensive computing device that is intended to be costly to operate. Lowery presents this novel concept. He suggests transforming the worldwide electrical grid into this macrochip and enforcing physical restrictions on internet activity with the help of Bitcoin technology.
According to Lowery, Bitcoin is much more than just a cryptocurrency—it’s the start of a cybersecurity revolution. He argues that Bitcoin has the potential to drastically alter the internet’s base-layer architecture and revolutionize national defense plans in cyberspace by turning the world’s electrical grid into a gigantic computer.
The letter ends with a strong request that the Department of Defense give top priority to the study of the national strategic significance of proof-of-work protocols such as Bitcoin. Lowery emphasizes the need for the United States to quickly adjust to this revolutionary technology and the importance of realizing Bitcoin’s potential outside of its financial applications.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
