CoinDesk Podcast Network

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


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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.


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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

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