"A lot of the things we are doing, enabling it or defeating it, are classified efforts that are ongoing inside our department, which do provide us a lot of leverage in a lot of different scenarios."
"Paparo described Bitcoin as a computer science system built on cryptography, blockchain and proof-of-work, noting its potential to impose real-world costs in cybersecurity environments."
"Hegseth framed those efforts as a source of leverage across multiple scenarios, linking Bitcoin's architecture to national security applications rather than purely financial use."
U.S. Secretary of War Pete Hegseth stated that Bitcoin is part of classified initiatives within the Pentagon aimed at securing a strategic advantage. He emphasized that these efforts, which include enabling and countering Bitcoin technology, are ongoing and classified. Samuel J. Paparo Jr. confirmed that U.S. Indo-Pacific Command operates a Bitcoin node and is testing its protocol for cybersecurity applications. This marks a shift in focus from Bitcoin's illicit finance concerns to its potential role in national security.
Read at news.bitcoin.com
Unable to calculate read time
Collection
[
|
...
]