Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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U.S. Space Force official: Bitcoin has “national strategic importance”
2023-12-04 04:06
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)