What Bitcoin Did with Peter McCormack
Business:Investing
“We had irrigated land, we had army. We had goods travelling across the sea, we had navy. We had goods travelling across the air, we had air force… So what happens when civilization expands its footprint into cyberspace? How do we secure zero trust permissionless access to our data in cyberspace?”
— Jason Lowery
Jason Lowery is a Major in the US Space Force and the author of Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin. In this interview, we discuss how he is building the case within the US Department of Defence that Bitcoin represents a new form of digital warfare that the US government needs to embrace to secure its power projection in cyberspace.
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Jason Lowery burst onto the Bitcoin scene in August 2021. When a senior member of the US Space Force enters the Bitcoin debate, it tends to turn heads! But, it was his novel projections of what value Bitcoin presents to society that generated interest and controversy. Bitcoiners have long espoused Bitcoin as a peaceful revolution. Jason thinks Bitcoin can be used as a tool of warfare.
In Softwar, Jason’s recently released book on the national strategic significance of Bitcoin, he explains the background of modern warfare, tracing its roots back to the struggle for survival in all forms of life. From single-cell organisms upwards, all of life is involved in a fight for control over resources and territory. Competition has resulted in an ecological arms race manifested through evolutionary cycles of improvements in physical power and the projection of that power.
Softwar explains that humans are just another life form involved in this competition for survival. Humans, however, have become increasingly efficient at power projection techniques, from wielding fire to using nuclear weapons. Now, as we accelerate through the digital age, humans need to develop and harness new and innovative methods to maintain their advantages over adversaries.
In his role within Space Force, which is developing the means to project power beyond our planet, Jason has been contemplating what other tools will be required as another arena for the competition opens up: cyberspace. Jason argues that Bitcoin has the potential to be a revolutionary cybersecurity system. Proof of Work is an innovation that moves the fight to the enemy, imposing a cost on those wishing to undertake an attack.
Softwar is a call to action for the US Department of Defence to adopt Bitcoin as a tool of warfare in the new cyberspace battlefield. Whilst designed to secure money, PoW can, in theory, be used to secure other forms of data. Whether you agree with this assertion or not, Jason is making progress within the DoD in arguing Bitcoin’s utility makes it too important for the Department of Treasury and Federal Reserve jurisdiction. And who would bet against the DoD in a fight!
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This episode’s sponsors:
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WBD660 - Show Notes
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