In this episode, Guy Malone and Adam Simecka join the show to discuss Roswell, New Mexico starting a strategic Bitcoin reserve, Bitcoin’s role in local governance, and how Roswell is approaching its Bitcoin custody. We also delve into building the new Fort Knox, Adam’s history in Bitcoin, and more. Enjoy!

—

Follow Guy: https://x.com/RichNFrenz

Follow Adam: https://x.com/AdamSimecka

Follow Rizzo: https://x.com/pete_rizzo_

Follow Supply Shock: https://twitter.com/SupplyShockBW

Follow Blockworks: https://twitter.com/Blockworks_

Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx

Supply Shock Newsletter: https://blockworks.co/newsletter/supplyshock

—

Join us at Permissionless IV June 24th - 26th. Use code SUPPLY10 for 10% OFF! https://blockworks.co/event/permissionless-iv

—

Core is the Bitcoin Everything Chain—unlocking trustless Bitcoin Staking to power the future of Bitcoin DeFi.

Core empowers Bitcoin holders to earn secure, sustainable yield while retaining full control of their assets.

Start staking your Bitcoin and earn real yield: https://stake.coredao.org/blockworks

Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com.

—

Timestamps:

(00:00) Introduction

(02:14) Roswell Embraces Bitcoin Reserve

(08:42) Legal and Practical Challenges

(10:33) Ads (Core, Ledger)

(11:57) Legal and Practical Challenges

(14:50) Inspiration for Bitcoin Donation

(18:17) Building off of Roswell’s Bitcoin Reserve

(20:09) Understanding Permissionless Donations

(21:56) Ads (Core, Ledger)

(23:22) Bitcoin's Role in Local Governance

(25:43) Strategic Bitcoin Reserves and Property Taxes

(30:19) Future of Bitcoin in Government

(32:15) Adam’s Intro to Bitcoin

(34:12) Roswell’s Bitcoin Custody & Security

(38:06) The New Fort Knox

—

Disclaimer: Nothing discussed on Supply Shock should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Masculinity in Lord of the Rings - with Don Marshall