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

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4.7 • 698 Ratings

🗓️ 21 May 2025

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

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? hello@blockspace.media See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	The U.S. states are buying Bitcoin.
0:02.3	Well, some of them aren't.
0:03.7	And we're going to talk about what the opportunity cost is if your state rejects its Bitcoin strategic reserve bill.
0:11.8	I've got Storm Run, president of the Oklahoma Bitcoin Association, and closet vibe coder on today's episode.
0:20.3	More on Bitcoin Season 2 in a moment.
0:23.3	Bitcoin Season 2 is brought to you by Arch Network,
0:25.9	the platform building Bridgeless apps on Bitcoin.
0:28.7	More on Arch later on the show.
0:29.8	Let's kick it off.
0:37.3	So it seems like everyone's launching a Bitcoin Strategic Reserve these days.
0:41.8	Over half the United States have some form of SBR either proposed, past, or rejected.
0:49.6	So it's about time that we start tracking these more closely.
0:52.6	I've got Storm Run, president of the Bitcoin Association, Oklahoma Bitcoin Association,
0:57.5	and co-founder of Bubble FM, a podcast discovery platform on Bitcoin Season 2 today.
1:04.7	Welcome to Bitcoin Season 2 Storm. Thanks for coming.
1:08.0	It's great to be here, Charlie. Thank you for having me.
1:09.9	So, you know, Bitcoin reserves are like the consensus trade of the day.
1:16.5	Everybody and their dog is doing them. Uh, is, I don't know. What's your take?
1:22.3	It's end of, it's middle of May here. We've had some past, some fail. What is the state of the states and Bitcoin's strategic reserves?
1:31.9	Yeah.
1:32.5	So first thing, let's give a shout out to Bitcoin Laws.io.
1:37.0	They have a fantastic tracker for just tracking the actual state, what that legislation says, what it's going to do, and where that is in the process and the legislative process.
	...

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