U.S. Space Force official: Bitcoin has “national strategic importance”

Odaily News US Space Force official Jason Lowery said that Bitcoin has national strategic importance. He stressed that the United States needs to formally investigate the use of proof-of-work networks such as Bitcoin to protect the country from the threat of cyber warfare. In a letter to the Defense Innovation Board, Lowery noted that Bitcoin is not only a monetary system that protects funds, but also protects all forms of data and command signals. He noted that proof-of-work systems mirror physical security and deterrence strategies in the digital realm and could play a key role in the United States maintaining its status as a global superpower. Lowery also mentioned that Bitcoin has the potential to start a revolution in network security and transform the country’s national defense security. (cointelegraph)