In his controversial e-book Softwar: A Novel Idea on Energy Projection and the Nationwide Strategic Significance of Bitcoin, US Area Power officer Jason Lowery presents Bitcoin, not as cash or a market asset, however as a weapon of nationwide protection. In keeping with Lowery, proof-of-work (PoW) will not be merely a consensus mechanism—it’s a new type of energy projection that turns kinetic pressure into digital deterrence.
He proposes that nations, particularly the USA, ought to strategically undertake Bitcoin to discourage cyber threats and assert energy with out violence. In his view, Bitcoin’s decentralized and energy-intensive protocol may provide a non-lethal type of management just like conventional navy presence—like “antlers within the animal kingdom,” the place bodily show deters while not having to kill.
From an Austrian economics standpoint, this interpretation raises main considerations. The Austrian College—following thinkers like Ludwig von Mises and Friedrich Hayek—sees Bitcoin’s worth in its spontaneous emergence as a decentralized financial good. To reframe it as a strategic software of coercion is to betray the very logic that gave Bitcoin life.
Lowery claims that not deploying Bitcoin strategically would go away the US susceptible. However this mindset dangers turning a software of particular person sovereignty into one other arm of the state—a form of “digital conscription” the place hash energy turns into taxpayer-funded weaponry. The navy rhetoric round “securing the protocol” can simply drift into centralized management, even when unintentionally.
The Austrian custom emphasizes liberty, voluntary cooperation, and the boundaries of state planning. As Mises warned, centralized energy—even in protection—tends to increase past its supposed bounds. And as Hayek confirmed, each focus of management below the guise of security leads us nearer to serfdom.
Bitcoin’s energy lies in its permissionless nature—not in being wielded by geopolitical superpowers. Turning it right into a “nationwide strategic asset” undermines its very essence. As Rothbard would say, state appropriation, even below the banner of protection, continues to be coercion. If Bitcoin is to stay a software of freedom, it should resist turning into a software of empire.
Word: The views expressed on Mises.org aren’t essentially these of the Mises Institute.
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