Simply Bitcoin This CONFIRMS America will never Buy Bitcoin?! | EP 1403
Dec 22, 2025
Recent political shifts have raised alarms for America's potential Bitcoin reserve, especially with Bo Hines' resignation and Senator Lummis' decision not to run. This loss of momentum complicates future advocacy for Bitcoin at a federal level. While betting markets reflect dwindling confidence in national Bitcoin adoption, some progress is seen at the state level, notably in Texas. The discussion also touches on issues of bureaucracy, Elizabeth Warren's stance on central control, and the risks posed by quantum computing to Bitcoin's future.
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Strategic Bitcoin Reserve Momentum Lost
- Senator Lummis not seeking re-election greatly reduces near-term chances of a U.S. Strategic Bitcoin Reserve.
- Betting markets dropped probability from 77% to under 1% after key resignations and announcements.
Personal Interview With Senator Lummis
- Nico recalls interviewing Senator Lummis and describes her as the 'bitcoin senator' who pushed the reserve idea.
- He says her leaving is a big loss for the movement but thanks her for service.
Bureaucracy Blocks Rapid Bitcoin Policy
- Political and bureaucratic resistance slowed the initiative as key advocates encountered the administrative state.
- Nico argues the Fed-backed bureaucracy resists policies that threaten its monetary monopoly.