Jason Lowery’s Softwar “thesis” is a complete joke. It It is a mixture of incoherent and subtly so argumentation about cyber security and a repackaging old topics of discussion which were thoroughly explored a century before. Jason Lowery In this space, it became a familiar name.
First let’s look at the nation state mining “defensive weaponry” nonsense. Nation The idea of states being encouraged to mine or support mining in the jurisdictions they govern is not new. Jason’s. It There has been much discussion about this dynamic since 2011-2013. Essentially Everybody is welcome to join us. Bitcoiner Since that time, anyone who has studied and discussed where things were headed in the long-term has considered the dynamics of nations getting into mining if Bitcoin The company’s growth has been successful over the long term.
If Bitcoin As soon as the mining industry became geopolitically significant on a global scale nation states would always be interested. Nation States are involved in the regulation of all major commodities, from oil to gold. This This is not some novel notion or thesis. It’s common sense. Every random nerd that was in this area over a ten-year period would have known it.
The Aspect of Bitcoin Securing data is absurd and incoherent. Bitcoin does not “secure” data. It You can timestamp your data, but it is not a magical guarantee of security. It Does not guarantee accuracy or integrity, nor does it protect data from being exfiltrated (accessed by unauthorized individuals and copied). All Anyone running a node can access the data on the blockchain. The Idea of Bitcoin It is absurd to think that information can be used to control access. By Any data placed on the internet is, by its very nature, a violation of the law. Bitcoin Anyone can access the Internet. That It is built on the principle of transparency and openness.
So let’s talk about paywalls, APIs, and nonsense gibberish like “digital energy.” Lowery’s next big jump is that charging in bitcoin for API calls somehow improves security. This It is utter nonsense. Restricting Access to an API can be done for two different reasons: 1) to manage resource usage and prevent them being wasted; or 2) only to specific individuals that you have authorized. Bitcoin Can help with the first, but nothing at all with the second.
Even monetizing an API with bitcoin doesn’t really help resource management protecting against DoS attacks. People You can still send packets without paying. Those Traditional DoS systems still need to manage or divert packets. They do this by blocking them or redirecting the packets away from your system. Bitcoin Payments are not enough to eliminate the need to do these things.
Money that anyone can obtain does not limit access to a specific system to those that you wish to have access. Cryptography Does that make sense? Passwords Do that Technologies There is no need to create something that already exists. Bitcoin. Not It is important to note that even if such systems are properly implemented, it’s the hardware and the software on the system that secures the system. People don’t fail to breach a server because “Bitcoin is protecting it,” they fail because the security systems on that server are properly implemented.
Bitcoin. and even proper cryptography without BitcoinWhen implementations are incorrectly done or when flaws are present in the systems,, does not help to keep them secure. That The root of cybersecurity is cybercrime. Bitcoin It is impossible to change this. It Does not make hardware or security software free of bugs. This entire aspect of his “thesis” is totally incoherent gibberish, that makes no logical sense at all. It’s a con to sucker in people who do not understand these things and build a reputation by hiding incoherence and incompetence behind clueless people cheerleading.
And the whole “Bitcoin will stop wars” nonsense because nation states will compete with mining against each other? Laughable. Bitcoin Mining will not alter the geopolitical rivalry over agricultural lands and natural resources, military positions, or any other issue that nations go to war over. It is pure delusion.
Jason Lowery does not have a “thesis”, he has a pile of incoherent garbage taped together around a single observation that an uncountable number of Bitcoiners He had been in this space for a decade. It’s a complete joke, and anyone buying it demonstrates they have zero critical thinking skills or familiarity with the relevant subject matter.
This Article is a Take. Opinions expressed are entirely the authThe following are some examples of how to use's and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.
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