U.S. Major Predicts $100 Million Bitcoin Price Target After Recognition as Defense System

U.S. Space Force Major Jason Lowery has proposed a groundbreaking view of Bitcoin, suggesting it could function as a strategic defense asset.

Lowery, who is also a national defense fellow at MIT, emphasizes the importance of the U.S. military exploring and incorporating proof-of-work systems like Bitcoin.

He believes Bitcoin’s consensus mechanism can serve as a strong deterrent to cyberattacks, paralleling traditional military defenses against physical threats.

In a now-deleted social media post, Lowery argued that recognizing Bitcoin as a defense mechanism, rather than fearing government bans, would reveal its true national security benefits.

He predicted that this understanding could drive Bitcoin’s value to $100 million per coin.

Lowery envisions Bitcoin transforming the global power grid into a vast, secure computer network, capable of restricting harmful actors and protecting online data.

This, he asserts, could revolutionize cybersecurity and reinforce the U.S.’s global dominance.Lowery’s ideas are elaborated in his book, Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin.

The book discusses Bitcoin’s role in national security and digital power projection. However, it was removed from circulation and the MIT library for unspecified reasons, adding a layer of mystery.

As of May 2024, it is available again on Amazon.co.uk in a self-published format.

Lowery has called on the U.S. Department of Defense to formally assess the strategic importance of proof-of-work systems.

He suggests that Bitcoin’s high maintenance costs could deter cyberattacks, much like military assets deter physical assaults.

These perspectives come at a crucial time as the U.S. considers the strategic value of Bitcoin and other cryptocurrencies amid tightening regulations.

Lowery’s views contrast with the current regulatory focus on litigation and control, advocating instead for support and integration of digital assets.

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