During the discussion on X, Jason Lowry discussed the feasibility and future of a Proof of Reusable Proof of Proof of Proof of Proof of Reusable Proof (RPOW) network. In particular, whether the states seek to create a system of proof of competing work. The conversation was sparked by investigation from a rabbit hole investor (@RabbitholeInvst), directed at astronaut, US Space Force major and author of the “Soft Whirl” paper. Lowery's paper highlights the strategic importance of Bitcoin to US national security.
Can Nation-States fight Bitcoin on its own POW network?
Rabbit Hole Investor asked Lowery, “Do you see a future where other reusable work networks are created for other applications?” Lowery answered by referring to questions he received earlier from the White House Science and Technology Policy.
He believes that while it is impossible to predict the future with absolute certainty, there is a dominant RPOW network that gains universal acceptance in almost the same way that TCP/IP has become the global standard for data transport. He said that. Received from the White House Science and Technology Policy office. […] My intuition is that a single dominant reusable proof-of-proof (RPOW) network emerges as the main criteria. […] In RPOW, network sizes are converted directly to security. […] Integrate all your RPOW applications into one RPOW network […] It's a strategic need. ”
He detailed how RPOW security can expand computing power and energy consumption and create a “enhanced cycle” that encourages participants to migrate to the largest and most secure networks. Laurie pointed out what he calls “mutually preserved preservation.” There, even hostile nation-states (such as NATO and BRICS) become virtually “madness” on the same RPOW network. According to his rating, “The cost of attacking either side increases the more they become 'insanity', each of which increases the security of the other party's interests on the same network. ”
Lowery's stance is strongly leaning towards Bitcoin as the dominant RPOW protocol. He does not label himself a “Bitcoin Maximalist,” but he reveals that Bitcoin is effectively a global POW standard due to the power of the market and network effects.
Rumjog Enterprises Managing Partner Thomas Young adds Lowery's paper by asking about the ownership of individual Bitcoin in the world and the potential for BTC monetization, where Nation-States treats networks as “standards.” I investigated it. Private BTC? …Specifically, do the interested nations want to “rental” BTCs to misunderstand or create diversification, or simply own their own BTCs? ”
Lowery replied: “I am a subscriber with the belief that when Bitcoin becomes global account unit, its purchasing power will naturally increase as humanity becomes more productive. This will eliminate the need to chase yields and not be necessary. No, Bitcoin itself is a yield.”
He then shared a careful perspective on future yield promises that the government could adopt an executive order to seize custody BTC. According to Lowery, “If I were an evil president or nation, I would invite people to hang a yield promise and give up on BTC's independence., and Bitcoin on MSTR… This is what I owned MSTR. That's why it's not. MSTR's Bitcoin is the future president's honeypot… It's widely supported when the next EO6102 comes inevitably.”
Another user asked if the sovereign entity would create its own network. For example, a side chain or drive chain fixed to the main Bitcoin network is under sovereign control. Lowery responded in contrasting contrasting Pow and Sport of Stake (POS) from a centralisation perspective. Tokens, distribute them to themselves and implement a voting-based POS system. This structure ensures that control remains centralized.
He acknowledged that the nation can create RPOW networks with centralized management management, but he considers this approach to be more complex and less efficient compared to simple proof systems for achieving centralized governance. . It provides centralized control of digital asset networks without the POW computation and energy-intensive requirements. ”
The overarching theme of Lowery's commentary is that game-theoretical pressures among individuals and citizens seek to support integration around a single, most secure POW network. He argues that Bitcoin's pure scale and entrenched position gives it to a nearly unacceptable lead. Meanwhile, countries seeking control may experiment with alternative protocols, but ultimately, they will face a steep uphill battle that competes with what is already accepted in a “free and open market.” I'm facing it.
At the time of pressing, BTC traded for $95,937.
Featured images created with dall.e, charts on tradingview.com
