According to Lowrey’s concise description on Amazon, he had advised several senior US executives on Bitcoin-associated regulations in the offices of the President, Secretary of Defence, and the Joint Chiefs of Staff.
Amazon‘s best seller is a wordy academic paper on Bitcoin, written by the United States Space Force Major. “Softwar” expresses giant support for Bitcoin as potentially playing a major role on the world’s geopolitical stage as a military-grade solution for gathering information, and is conceptually far away from the monetary use of Bitcoin’s network today.
The academic paper is authored by Jason Lowery and explains the completion of academic research he had made at the Massachusetts Institute of Technology during a six-month fellowship backed by the Department of Defence. The title of the writeup is ” Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin”.
According to Lowrey’s concise description on Amazon, he had advised several senior US executives on Bitcoin-associated regulations in the offices of the President, Secretary of Defence, and the Joint Chiefs of Staff.
Even though Softwar doesn’t enjoy a position in the top 500 books on Amazon’s store, Lowery’s search of Bitcoin has achieved the number one position in Amazon’s virtual currencies classification and is presently ranked second in both books on technology and engineering. The book talks about knowledge in several domains like anthropology and computer science, to create and elaborate on Lowery’s Power Projection Theory.
Effectively, Lowery describes how the proof-of-work system underlying Bitcoin transaction verification can be used by military powers to establish restrictions on bad actors in a non-lethal but rigorous extent of physical work in the guise of crunching numbers.
At the end of the day, according to Lowery, Bitcoin will be able to represent a ‘softwar’ or electro cyber-defense protocol, and not simply a peer-to-peer electronic cash system. Moreover, Lowery doesn’t shy away from saying that while most software can simply logically constrain computers, Bitcoin can physically constrain computers.
In the paper, he also talks about the inadequate reserve of Bitcoin that the US government is holding, and is most likely to become a threat to the country’s national security if the network becomes used as a cyber-security tool. According to him, if the country doesn’t start stockpiling strategic Bitcoin reserves, or at the least, promoting Bitcoin adoption, The United States might have to give up on itself being an international power dominance. However, as Lowrey’s thesis was published in February and the United States declared that it sold $215 Million in confiscated Bitcoin last month, it seems like not many Fed members are giving much heed to his hypothesis.
The book’s acknowledgments section names a few popular Bitcoin supporters, like MicroStrategy‘s Michael Saylor and Peter McCormack.
Sanaa is a chemistry major and a Blockchain enthusiast. As a science student, her research skills enable her to understand the intricacies of Financial Markets. She believes that Blockchain technology has the potential to revolutionize every industry in the world.
