BITCOIN SEASON 2: We Need Bitcoin For State Pensions, Not Treasuries episode artwork

EPISODE · May 21, 2025 · 58 MIN

BITCOIN SEASON 2: We Need Bitcoin For State Pensions, Not Treasuries

from CoinDesk Podcast Network · host CoinDesk

Storm Rundd, President of Oklahoma Bitcoin Association, discusses the status of state Bitcoin strategic reserve bills, legislative processes, funding sources, and opportunity costs. The conversation also covers vibe coding and AI's impact on future business models. You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.com Storm Rund, President of the Oklahoma Bitcoin Association, joins us to discuss the state of Bitcoin Strategic Reserve bills across the US. Storm breaks down the complex legislative process, explains why many bills fail despite strong support, and compares treasurer vs. pension fund approaches. He introduces the opportunity cost tracker that shows how much money states have lost by rejecting Bitcoin. The conversation concludes with insights on vibe coding, AI productivity, and how these technologies will reshape business models. Follow our guests: @Storm_R0 Notes: - Over half of US states have proposed SBR bills - Oklahoma SBR bill passed 77-15 then died in committee - Pension funds typically 4x larger than state funds - 5% Bitcoin allocation = $500M opportunity cost - Montana SBR had $50M cap with specific fund source - AI changing labor market in big tech companies Timestamps: 00:00 Start 01:31 Current Bitcoin Reserve landscape 03:31 Bill process 07:05 Oklahoma example 11:53 Funding these state SBRs 12:43 Bill design matters 17:55 Bill funding 19:54 Treasury vs Pension funds 27:03 Crafting better bills 33:53 Opportunity cost tool 43:50 Vibe coding 49:07 AI changing business - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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BITCOIN SEASON 2: We Need Bitcoin For State Pensions, Not Treasuries

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