- An officer serving in the US Space Force has recommended that the US Department of Defense (DOD) adopt Bitcoin as a balancing strategy to prevent cyberattacks.
- Lowery believes that proof-of-work systems, such as Bitcoin’s, are strategically important, and he calls for a deeper exploration of potential government applications.
- Cathie Wood, CEO of Ark Invest, stated that the adoption of Bitcoin as a ‘balancing strategy’ by the Department of Defense has potential in the fields of cyber warfare and defense.
A US Space Force officer has provided recommendations on Bitcoin to the US Department of Defense!
Bitcoin Proposal in the US Space Force
An officer serving in the US Space Force has recommended that the US Department of Defense (DOD) adopt Bitcoin as a balancing strategy to prevent cyberattacks and explored the national strategic importance of proof-of-work systems. This has drawn significant attention from experts like Ark Invest CEO Cathie Wood and market figures such as XRP advocate attorney John Deaton.
Captain Jason Lowery, serving in the US Space Force, extended the importance of Bitcoin far beyond the financial realm, reaching into defense and cybersecurity areas. Lowery believes that proof-of-work systems like Bitcoin are strategically important, and he calls for a deeper exploration of potential government applications. Bitcoin and its underlying technology could serve as a contemporary tool for “balancing strategies.”
The possibilities of the US Department of Defense adopting Bitcoin as a ‘balancing strategy’ have the potential to impact global markets, including the crypto market. Experts have pointed out broader use cases for Bitcoin. Ark Invest CEO Cathie Wood stated that the Department of Defense adopting Bitcoin as a ‘balancing strategy’ has potential in the fields of cyber warfare and defense. According to her, this represents “significant concept evidence” for Bitcoin.
John Deaton, a prominent voice in the crypto community and an attorney representing a holder of 75,000 XRP, reacted to Captain Jason Lowery’s call for the adoption of Bitcoin by the US Department of Defense. This would be a positive development for Bitcoin and other proof-of-work cryptocurrencies.
BTC Price Surpasses $41,000
Bitcoin (BTC) price surpassed the psychological level of $40,000 with strong trading volume. The Bitcoin price is expected to reach $45,000 in December. The BTC price has risen by more than 5% in the last 24 hours, currently trading at $41,900. The 24-hour low and high are $39,386 and $41,525, respectively. Moreover, trading volume has increased by over 40% in the last 24 hours, indicating an increase in trader interest.
