US House Power Main and creator of “Softwar,” Jason Lowery, calls on america to reassess Bitcoin’s function with a US Bitcoin Nationwide Protection coverage proposal. He contends that Bitcoin represents a strategic instrument for nationwide protection by utilizing bodily energy to safe our on-line world, emphasizing its significance past a mere monetary asset.
Lowery shared the diagram under in 2021 to focus on how Bitcoin can exchange the present system, which he describes as “the chain of custody for [land, gold, oil, and equities] is written in blood.” He additional acknowledged,
“Not having to waste human life to defend monetized wealth is value each watt.”
He argues that Bitcoin’s Proof-of-Work mechanism permits for cyber sovereignty by bodily securing data and digital belongings in a trustless, peer-to-peer method. This method parallels how nations safe land, sea, air, and area domains. He believes this facet of Bitcoin is a revolutionary development in pc idea that’s presently undervalued.
Lowery criticizes the Division of Protection for its lack of initiative. He finds it unacceptable that the company will not be proactive sufficient in exploring the cybersecurity advantages of reusable Proof-of-Work networks like Bitcoin. He asserts that america ought to lead and actively fund associated analysis on this space.
He additionally highlights policymakers’ want for extra exact steerage on distinguishing between Bitcoin and different blockchain applied sciences. Based on Lowery, understanding these basic variations is essential for forming efficient methods.
Addressing the nation’s strategic reserves, Lowery believes that any deliberate Bitcoin holdings are inadequate. He suggests that after the idea of “Bitcoin equals bitpower” is acknowledged, it turns into evident that holding solely one million items doesn’t meet the nation’s wants.
To safe entry to Bitcoin, Lowery recommends constructing a sturdy hashing business, known as a “U.S. Hash Power.” He notes that whereas this initiative doesn’t should be government-led, assist from the federal government may assist seed its growth. Drawing a parallel to how the US House Power helps industrial launch firms to make sure entry to orbit, he suggests related assist may present entry to the Bitcoin ledger.
In his thesis, Lowery describes Bitcoin as probably the most bodily highly effective and environment friendly energy projection instrument found by mankind. He characterizes it as a non-kinetic protection system that might usher in a peaceable energy stability termed “Mutually Assured Preservation.”
Lowery goals to shift the dialog and immediate actionable steps from policymakers and protection companies by reframing Bitcoin as a strategic asset integral to nationwide safety.
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