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Required reading

Softwar

A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin — by Jason P. Lowery.

Background

Why the show keeps coming back to this book.

Softwar is Jason P. Lowery's MIT thesis-turned-book, arguing that Bitcoin is best understood as a non-violent power-projection protocol — the same way nation-states have historically projected power through military force. It reframes the conversation about Bitcoin from "investment" to "geopolitics".

Whether you agree with the thesis or not, the framing is essential. The show has referenced it across dozens of episodes — start here if you've heard it come up and want to read the source.

Read the book

Get the PDF.

The book is freely available for download. Right-click the link below and save the PDF, or click through to the executive summary.

Download the PDF (right-click → Save) Read online

The download link above needs to be wired to wherever the team hosts the PDF locally. The original Squarespace page used a direct file attachment; upload to Ghost's files and replace #pdf-download.

Episodes that reference it

Where the show engages the thesis.

Browse the episode archive and search "Softwar" or "Lowery" — the references span over a year of coverage, both in News Talk and the long-form Radio interviews.