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The Breakdown

Bitcoin is Surging at the State Government Level

The Breakdown

Nathaniel Whittemore

Investing, Business

4.8786 Ratings

🗓️ 24 February 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

We might not now the future of a US Strategic Bitcoin Reserve, but serious progress is being made at the state level. Sponsored by: Ledger Ledger, the world leader in digital asset security, proudly sponsors The Breakdown podcast. Celebrating 10 years of protecting over 20% of the world’s crypto, Ledger ensures the security of your assets. For the best self-custody solution in the space, buy a LEDGER™ device and secure your crypto today.Buy now on Ledger.com. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

Transcript

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0:00.0

Welcome back to The Breakdown with me, NLW.

0:09.3

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

0:18.3

What's going on, guys? It is Monday, February 24th. And today we are talking about Bitcoin's

0:23.8

State Bill Bull Run. Before we get into that, however, if you are enjoying the breakdown,

0:28.5

please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into

0:32.0

the conversation, come join us on the breaker Discord. You can find a link in the show notes,

0:36.0

or go to bit.ly slash breakdown

0:37.6

pod. Hello friends, a quick note before we dive in. I am actually traveling this week with my podcast

0:43.7

equipment, of course, but because of that, the planning has been a little bit jumbled, and of course

0:47.3

we had the big by-bit exchange hack that happened at the end of last week, which threw everything

0:51.7

a little bit into chaos. Today's episode is not going

0:54.7

to be about that hack, because I have an interesting guest who's doing an interview about this,

1:00.0

and that interview isn't quite prepped, so that will be tomorrow's show where we dig into the

1:03.3

details. Today's show was recorded in advance of that by-bit hack, and so you're getting things

1:08.0

a little bit out of sequence, but I promise that by the end of the next couple of days, you will have everything all neatly organized, just a little out of order.

1:14.7

Anyways, just wanted to flag, that is why I am not talking about bybit on this show, but rest assured

1:19.0

that content is coming. Thanks as always for listening, and let's get back to today's episode.

1:24.5

All right, friends, well, last week, the big theme was very clearly meme coin drama.

1:30.4

Interestingly, though, had that not happened, there were a number of Bitcoin adoption

1:34.9

stories that went all too under the radar. Today, we're going to catch up on a bunch of that

1:39.1

news, because it really underscores just how different Bitcoin is relative to the rest of crypto during this cycle.

1:46.2

In state legislatures across the country, Bitcoin bills are moving forward.

...

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