Heard an interesting take that the end result of Lowry's arguments is encouraging the US military to amass as much mining power as possible so they can use it as a form of control/warfare.
Discussion
That does seem to be something he has leaned into more on podcasts, though I didn't see him explicitly recommend it in the thesis.
My opinion is that as soon as the US govt tries to get into Bitcoin in any serious way it will destroy the credibility of the dollar and Bitcoin will become too expensive for them to manipulate it. They'd have to do it in secret, which I don't think is possible at the scale needed to influence the network.