Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

US Space Force Officer Lays Down Bitcoin Proposal

Published 12/04/2023, 03:33 PM
Updated 12/04/2023, 03:45 PM
© Reuters US Space Force Officer Lays Down Bitcoin Proposal

  • Cathie Wood, CEO of ARK Invest, shared a letter by Jason Lowery, a member of the United States Space Force.
  • Lowery’s four-page letter to the Defense Innovation Board outlines a Bitcoin proposal.
  • Lowery advocates for adopting Bitcoin as a key element in US defense policy.

Cathie Wood, the CEO of ARK Invest, has shared a letter by Jason Lowery, a member of the United States Space Force. Lowery argues for the adoption of Bitcoin as a key component of US defense policy in a four-page letter to the Defense Innovation Board.

Lowery presents the idea of an “offset” strategy in a letter to the U.S. Defense Innovation Board, which uses technological breakthroughs to counteract conventional military advantages. He argues that the reusable PoW network of Bitcoin might function as a modern offset tactic, changing the nature of cyber warfare.

Lo…

The post US Space Force Officer Lays Down Bitcoin Proposal appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.