Bitcoin Gives US Leverage Against China, Defense Secretary Hegseth Says

Top US officials have increasingly placed Bitcoin (BTC) at the center of national security discussions, and Representative Lance Gooden says the change is more than just political rhetoric.  In comments reported Thursday, the Texas Republican argued that the largest cryptocurrency has become a “geopolitical weapon” being used—simultaneously, in his view—by multiple adversaries. Multi-Front Security Use Of Bitcoin Gooden’s remarks follow confirmation from Pentagon leadership. According to reporting by the TFTC agency, Secretary of War Pete Hegseth told him that the Department of Defense is....

The RAND Corporation, an influential global policy think tank with strong defense and homeland security ties, has released a report titled “National Security Implications of Virtual Currency .” The report, freely available online , examines the feasibility for non-state actors, including terrorist and insurgent groups, to increase their political and/or economic power by deploying a virtual currency (VC) for use in regular economic transactions. The report was sponsored by the U.S. government through the Office of the Secretary of Defense, and the research work was conducted within the....

Wechat Secretary, a virtual concierge and purchasing agent, now accepts Bitcoin for its concierge services. The service allows expats in China to make purchases from Taobao, the biggest e-commerce store in the world, Alibaba and cTrip. The company even accepts bitcoins to create and fund an Alipay account for customers who wish to purchase items in China without the use of an agent. As David Lancashire, a founder of Wechat Secretary says, "This is the equivalent of being able to deposit bitcoin into the Chinese version of PayPal." Wechat Secretary can set you up with airport concierge....

Cyber warfare has, to most people, always been a thing of movies and science-fiction books. But it looks like a harsh reality check is coming to people in the US, as Defense Secretary Ash Carter wants to elevate the status of US Cyber Command into a fully-capable weapon in the cyber warfare race. The Era of An offensive US Cyber Command. There is no denying the world of cyber warfare is changing from a defensive to a more aggressive approach. Until a few years ago, US Cyber Command was mostly designed to thwart incoming attacks from state-sponsored hackers, but things are looking very....

The US Defense Department plans to leverage upon the immutable nature of blockchain technology to secure its nuclear systems. The digital currency technology has crossed a lot of boundaries to finally enter the realm of the Defense Department. The transparent and immutable nature of Bitcoin blockchain is now being considered by the US Department of Defense for developing tamper-proof computer systems. These computer systems may as well be used to safeguard the country’s nuclear arsenal. According to recent reports, the Defense Advanced Research Projects Agency (DARPA) is currently funding....