βAnd, Bitcoin is a reality. It is a valuable computer science tool as a pro power projection, and, outside of the economic formulation of it, it has got really important computer science applications for cybersecurity.β
βThe very next day, admiral Papparro confirmed that the US military is running a Bitcoin node and conducting operational tests to secure and protect networks using the Bitcoin protocol. Okay. So that is pretty shocking to hear from a four star admiral. He is telling congress on the record that the US military is running a Bitcoin node, and that may be less surprising when you consider who has been advising the commander.β
βBy running our own Bitcoin nodes, the military is able to ensure that our data protocols are backed by the most secure and decentralized ledger in existence. It provides a level of redundancy and security that traditional, centralized government servers simply cannot match against state-sponsored actors.β
Bitcoin is now considered critical national infrastructure
βIt is the most secure computing network in the world. And I still think people underappreciate just how powerful that is. Bitcoin is not just a place to store value. It's a monetary infrastructure built to impose real costs on anyone who tries to attack it.β
βThe very next day, admiral Papparro confirmed that the US military is running a Bitcoin node and conducting operational tests to secure and protect networks using the Bitcoin protocol.β
βBitcoin shows incredible potential as a, as a computer science tool that through the proof of work protocols is a it actually imposes more cost than just the algorithmic securing of networks and our ability to operate.β
βThe testimony before Congress highlights a massive shift in how the government perceives blockchain. Admiral Paparo's confirmation that we are actively running nodes shows that the U.S. is serious about not falling behind in the digital arms race where decentralization is the best defense.β
Decentralized networks prevent sovereign cyber attacks
βBitcoin's global, distributed architecture makes it the perfect candidate for protecting U.S. interests against cyber warfare. It's about using the network as a shield to ensure that our defense systems remain operational even under the threat of massive coordinated attacks from foreign adversaries.β
Fake pubkey spam is the most harmful method to nodes
βIf the data is in between, then this is super harmful for network because the public key gets stored into the UTXO set. And this can never be pruned from the node, ever. Because if someone did prune it, that could become a huge chain split or network split. So people would see different versions of transactions. And this would be completely catastrophic and kill Bitcoin, basically, probably.β
βBitcoin shows incredible potential as a, as a computer science tool that through the proof of work protocols is a it actually imposes more cost than just the algorithmic securing of networks and our ability to operate.β
Lightning Network is Bitcoin's biggest anti-spam technology
βAnd what happens if Lightning Network breaks? All the coffee transactions suddenly go to the chain. Suddenly you have like maybe thousand times, 10,000 times more spam in the chain from the transactions that would have otherwise been on Lightning. So like, you know, like the biggest optimization and the biggest anti-spam. That's a funny thing. Like Lightning Network is the biggest anti-spam technology in Bitcoin, because like if you are putting stuff on like, if you are transacting over Lightning Network is so much cheaper that then it makes economic sense to pay higher fees on the channel opening and closing transactions, and those can then drive out the spam.β
βHe went on to describe Bitcoin as a peer to peer zero trust transfer of value. And then it got even more interesting. The very next day, admiral Papparro confirmed that the US military is running a Bitcoin node and conducting operational tests to secure and protect networks using the Bitcoin protocol.β
βif you are using some alternative opcode. So let's say hypothetically, even if BIP 110 were to be activated on the heaviest chain, and it was, you know, everyone was using Bitcoin with BIP 110, spammers who want to economize on their cost could use an alternate inscription method, and they would be only paying 0.4% more. It's actually a bit less than that, but let's say 0.4%. Right, so listen, think about that. Do you believe that if someone is spamming the chain today, that you are going to deter that person by making them pay 0.4% more?β
Changing Bitcoin out of fear of government defeats its purpose
βif you are willing to change your node, because you fear that the government will persecute you for storing illegal content, you will be willing to change your node, because you are fearing government persecuting you for enforcing 21 million Bitcoins kept. If the government says, okay, whoever runs Bitcoin node, which enforces the 21 million kept will be jailed. So either run our hard fork that removes the kept or go to jail. What will you do? Based on the current situation, there will be IPv110. Supporters will probably change their node.β
Reducing block size is the only realistic way to cut spam
βif we want to decrease spam, then the only option is to decrease the block size. I wouldn't decrease the witness discount that some people proposed because the witness discount is still important to avoid people from making too many outputs. It might make sense to reduce the segment discount if combined with something like cross-input signature aggregation or something else.β
Splitting data into chunks does not make illegal content legal
βthe thing was like, you know, probably everyone heard about the BIP 110 discussion and people were making various really weird claims around it. And one of those claims was that the data in the transaction, like if it's contiguous, then there could be legal issues stemming from it. And I thought that this is really a weird argument because like if you are some sort of criminal that splits your files into different chunks, then of course you wouldn't be deemed not guilty just because you split the files. That doesn't make any sense.β
Taproot only added 12 percent efficiency for spammers
βI think Shesic ran the number. He actually ran the numbers. I've posted this. I've been sharing it as well for people. He ran the numbers on what difference did Taproot make. And that number is like 12%. Okay, so basically, even without Taproot, you're paying 12% more. And even without the current inscription envelope, people are just going to be paying 0.4% more. So even if we took away Taproot, we took away Op-Eve. You're forcing the spammers to pay 12.4% more. Is that really going to move the needle?β
Bitcoin storage costs 9 million times more than cloud storage
βRecently, I have calculated that the transaction I put into the Bitcoin chain costed me 9 million times more than monthly subscription to a cloud service I pay for.β
βLast August, Jason Lowry, a former US Space Force officer and author of Software, was appointed special assistant to the commander of US Indo Pacific Command.β
βForget the narrative of Bitcoin just being digital gold for investors. This update from the Senate confirms that the military sees this as a tool for national survival. They are moving into a phase where the network's resilience is the primary feature being utilized for our national security interests.β
Filters cannot meaningfully prevent illegal content on Bitcoin
βThere is no way it can do that. There will always be many ways of doing it. It's funny because the first programming project for Bitcoin that I ever made that had anything to do with Bitcoin was specifically to steganographically put messages into the Bitcoin blockchain as a series of valid and they are not even fake, like completely valid addresses that you have private keys to so you can spend from them. So it's absolutely indistinguishable. And without the knowledge where to find it, nobody can find it.β
Jason Lowry advises Indo-Pacific Command on Bitcoin
βLast August, Jason Lowry, a former US Space Force officer and author of Software, was appointed special assistant to the commander of US Indo Pacific Command. So the man who has spent years arguing that Bitcoin matters so much for US national security is now advising the same four star admiral making that case before congress.β
βBitcoin is a reality. It is a valuable computer science tool as a pro power projection, and, outside of the economic formulation of it, it has got really important computer science applications for cybersecurity.β
βThe United States military is now treating the Bitcoin network as a weapon for national defense. We aren't trying to get rich or speculate on the price; we are leveraging the unhackable nature of the network to protect critical U.S. data from sophisticated cyberattacks.β