It’s estimated that there are millions of people around the world who have invested in Bitcoin and other cryptocurrencies. According to a survey conducted by the Cambridge Center for Alternative Finance in 2020, there were between 101 million and 200 million cryptocurrency users globally, with Bitcoin being the most widely held cryptocurrency. However, it’s worth noting that not all of these users may be active investors, as some may simply be holding cryptocurrencies for other reasons, such as for use in online transactions.
US Space Force major writes a graduate thesis on Bitcoin
A graduate thesis on Bitcoin that was written by Jason Lowery, a U.S. Space Force major, has become a popular choice on Amazon, according to Decrypt. The report titled “Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin” is a 350-page exploration of the potential of Bitcoin to play a significant role on the geopolitical stage of the world as a military-grade solution for securing information.
Lowery posits that Bitcoin could represent a ‘softwar’ or electro cyber-defense protocol, not just a peer-to-peer electronic cash system. The book’s acknowledgments section includes recognition of some of Bitcoin’s most faithful, including MicroStrategy’s Michael Saylor and Peter McCormack.
Lowery’s report represents the culmination of academic research he conducted during a fellowship lasting for 6 months abd sponsored by the Department of Defense at the Massachusetts Institute of Technology. He has advised several senior US officials on Bitcoin-related policy in offices related to the president, Secretary of Defense, and the Joint Chiefs of Staff. The report has been ranked second in both books on technology and engineering and in Amazon’s digital currencies category.
Overall, the number of people investing in Bitcoin is likely to be constantly changing as more individuals and institutional investors enter the market and as the cryptocurrency’s popularity continues to grow.