The narrative he's trying to plant will bring some heavy regulations on mining. This wouldn't be good.
Discussion
If regulations come they will come one way or another, his narrative or not. For bitcoin to work it has to deal with this.
Right. He's speeding up the processes.
US govt securing the network = skin in the game = good. You’re not going to try to scree yourself so I think that would be a positive development. Besides, I think the private sector would always be ahead in infrastructure. Not to mention the signal it sends to other nations. It’s a win either way.
You are probably correct here. It's a double edged sword trying to get governments to mine bitcoin.
The basis for his narrative is shared by others - bitcoin is a way to secure the internet/web. Jason just takes it to another level talking about drones battling each other like it's a sci-fi movie.
The current dialogue around cybersecurity (creating an impenetrable defense) is focused on government and private partnership. Recognizing the limitations of government, think cyberwar because someone in China deployed some ransomware, and that the private sector will always be faster to adapt and take more risk, the only way forward is leaving the private sector to defend itself. So, with bitcoin being primarily a cybersecurity protocol that happens to have solved the digital cash problem this will likely be the way forward - government cooperation with the private sector.
Really, it is the monetization of the protocol that creates any discussion about this at all, and that is where the national security argument comes into play. Though I appreciate the long form (a win for nostr) - will spare you the details of why I think China is trying to use a CBDC to usurp the US hegemony by becoming the world's new reserve currency. I will say, that is why I started mining bitcoin though.