

BITCOIN CITY: The Untold Story Behind Roswell's Historic Reserve | Guy Malone & Adam Simecka
May 6, 2025
Guy Malone, a reporter with insights from Roswell Daily Record and Bitcoin News, and Adam Simecka, a dedicated Bitcoin evangelist, discuss Roswell, New Mexico's ambitious strategic Bitcoin reserve. They explore how an anonymous donation sparked this initiative and the collaboration with local officials, revealing the unique cultural context of Bitcoin adoption. The duo also highlights the emotional connections driving community engagement and the innovative potential of using Bitcoin in local governance, including property tax initiatives. Their insights offer a fresh take on Bitcoin's role in shaping local economies.
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Genesis of Roswell Bitcoin Reserve
- Guy Malone started the Roswell Bitcoin reserve after publishing newspaper columns and an anonymous Bitcoin donation in January.
- Local councilwoman Christina Arnold did most of the legislative work despite initial government inertia.
Lightning Address Setup Advice
- Set up a Lightning Network address to receive Bitcoin donations easily.
- Use simple payment rails like Lightning to facilitate access to Bitcoin reserves for local governments.
Legal Acceptance Without Vote
- New Mexico law allows cities to accept intangible property including Bitcoin as donations without a formal vote.
- Roswell's Bitcoin reserve was legally accepted via a receipt, confirming the blockchain transaction as proof.