Perhaps Bitcoin is not really an internet currency, or indeed a digital currency, but a weapon to unleash a new form of 21st century cyberwarfare, and the Pentagon to use it in modern warfare.
This is what Jason Lowry, one of the United States Space Force specialists, has presented in his new master’s thesis at the Massachusetts Institute of Technology (MIT) on Bitcoin mining.
“Space Force” is the brand name of the newest armed forces of the United States, created in December 2019. This organization is responsible for organizing, training and equipping military personnel across the country to protect the resources of the United States and its allies.
The thesis of this expert active in the US space force has been published in the form of a 400-page book and at the beginning of this month, it took the first place in the list of best-selling technology books on Amazon and is currently in the third place.
Of course, there are no signs that the Pentagon is acting on this idea, but this thesis talks about signs that as a new generation enters important American institutions, its members find crypto networks and the world of digital currencies useful.
If the “soft war” that Jason Lowry talks about is any indication of turning Bitcoin into a weapon for raising capital, it’s time to think about it more creatively.
Jason Lowry is an active astronaut engineer in the US Space Force and also works at the Massachusetts Institute of Technology in the field of US National Defense.
According to the biography written in this dissertation, which has been published as a book, his duty is to advise senior military personnel about the implications of Bitcoin and its mining.
Lowry and his thesis on Bitcoin
Lori’s thesis was published in February 2022 in the form of a book titled “Software: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin Paperback”.
He is said to describe a scenario in which governments fight something like a cold war using hash rates, with bitcoin and digital bragging rights collected by collectors of digital artefacts as the spoils.
In this thesis, Lowry presents a new form of warfare in the digital age that will change shape. National security, cyber security, and possibly even the underlying Internet architecture are ways to keep the digital world safe.
In this book, Major Lowry concludes that Bitcoin represents a national strategic imperative that the United States must support and make the right decision as soon as possible, or risk losing its leadership as a global superpower in the 21st century.
Bitcoin consensus (based on the Consensus Algorithm) can also be used to prevent Denial of Service (DoS) attacks, which prevent spamming expensive software systems.
For this reason, Bitcoin can be very useful for protecting the network and boosting an industry for domestic cryptocurrency mining of countries, including the United States.
In a stark warning to US politicians, Major Lowry says they must immediately support Bitcoin and consider it a necessity in national strategy.
If this does not happen, the United States risks losing its leadership as a superpower in the 21st century. He also believes that the Bitcoin network is suitable for economic exchange, like maritime trade routes, so it is important to protect freedom of navigation on the network, just as the United States protects maritime trade routes.
Finally, it proposes that the United States create a domestic bitcoin mining and storage industry and expand legal protections for the technology. Mr. Lowry’s book is a best-selling book on Amazon.
As you can see, there are signs that Bitcoin mining is increasing in the world. This modern money has become a tool to earn dollars for many people.
Buying a miner device has easily given people the opportunity to earn money by mining bitcoins. The more powerful these machines are, the faster they perform mathematical equations and the more bitcoins they mine.
On the other hand, if the device consumes less electricity or the cost of electricity is lower, the amount of income and profit from digital currency mining will be higher.
One of the most important concerns to start bitcoin mining and earn dollars is the miner price. Miner price is significantly dependent on Bitcoin price. The lower the price of Bitcoin, the lower the miner price will be.