A US Space Force major has proposed to the Pentagon that the country should mine Bitcoin to stockpile the digital currency and cultivate a domestic Bitcoin mining industry. The master’s thesis argues that Bitcoin is not just a form of internet money but also a weapon that can be utilized in modern warfare. The proposal also suggests extending Second Amendment protections to the technology.
Bitcoin as a Cybersecurity Tool
The proposal, which is still under consideration, could have a significant impact on the adoption and widespread acceptance of digital assets in various industries and areas of society. If accepted, it would transform the country’s national security and even the base-layer of its economy. The major believes that Bitcoin could also serve as a cybersecurity tool, capable of defending against cyberattacks and bolstering national defense.
The Impact on the Crypto Industry
Should the proposal be accepted, it would not only have a significant impact on national security but also on the crypto industry. A Bitcoin mining-based defense strategy would bolster the adoption and widespread acceptance of digital assets in various industries and areas of society. It would also likely increase the value of Bitcoin and other cryptocurrencies, as the government would be stockpiling them for national security purposes.