In my opinion he is repackaging the monetary black hole thesis in a more “engineering” and Fed-friendly manner. He contextualizes Bitcoin’s importance with evolutionary realities (cost of attack) and tries to liken Bitcoin to weapon because he works for the DoD. War strategies and weapons are their bread and butter.

I actually like what Lowery has to say about abstract power and haven’t heard that concept articulated before. It’s a major pitfall of humanity for sure and I think rigorous analysis of the topic is beneficial. Bitcoin actually does fix that.