U.S. military runs a Bitcoin (BTC) node, sees crypto as ‘power projection’ vs China

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A four-star U.S. Navy admiral has told Congress the military is running a live node on the Bitcoin network and testing it for national security purposes. Admiral Samuel Paparo, commander of U.S.-Indo-Pacific Command (INDOPACOM), made the disclosure at a House Armed Services Committee hearing on Wednesday, a day after telling the Senate Armed Services Committee that Bitcoin has “incredible potential” as a tool for American “power projection.” He also said it has great potential as tool for national security. The House comments were the first public confirmation by a sitting US combatant commander that the military is directly participating in…