S01E10 Stephen Pollock ‒ Bitcoin and American statecraft
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S01E10 Stephen Pollock ‒ Bitcoin and American statecraft
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Background
Stephen Pollock, Senior Vice President of Development at the Bitcoin Policy Institute (BPI), a 501(c)(3) nonprofit think tank co-founded by Grant McCarty and David Zell, drives the organization’s operational and advocacy efforts. As BPI’s first hire, he’s been key in building its influence in Washington, DC. With over a decade in political campaigns, public affairs, and FinTech, Pollock has shaped legislation through grassroots strategies and built networks with political and business leaders. A passionate Bitcoiner from Nashville, he bridges Bitcoin’s decentralized ethos with policy, championing self-custody and financial freedom through events like the Bitcoin Policy Summit.
Highlights
- BPI’s Mission: Founded to ensure policymakers take Bitcoin seriously, BPI builds credibility through white papers, 30+ expert fellows, and a new DC office, framing Bitcoin as freedom money, not a threat.
- Washington Challenges: Bitcoin faces an education gap and political football dynamics in DC. BPI counters with research and hires like Ken Egan (ex-CIA) and Axe Shapiro for advocacy.
- Strategic Bitcoin Reserve (SBR): BPI’s advocacy led to an SBR via executive order, needing codification through Senator Lummis’ Bitcoin Act, though stablecoin bills currently compete for attention.
- Statecraft Shift: Bitcoin is seen as a statecraft tool, with the CIA’s Deputy Director speaking at BPI’s summit, signaling a subtle shift in perspective.
- Bitcoin Conference Milestone: The Vice President’s 2025 speech praised Bitcoin as a hedge against inflation and control, with JD Vance as a potential future champion.
- Five-Year Vision: BPI seeks to codify self-custody and regulatory clarity via the Bitcoin Act, build bipartisan support, and elevate Bitcoin to a nonpartisan asset like the internet, reducing risks like a 6102-style seizure.
- “There's no CEO of Bitcoin… that creates vacuums unless someone steps up.”
- “Memorize 12 words, take your life savings anywhere.”
- “The worst thing is Bitcoin reaching government with nobody knowing what it is.”
- “I don’t need an elected official to be a Bitcoiner, just to take it seriously.”
- “Bitcoin is one of the most powerful human rights tools we have.”
- Bitcoin Policy Summit: June 25, 2025, Washington, DC. Features CIA’s Michael Ellis, Hester Pierce, and lawmakers at btcpolicysummit.org.
- BPI Website: Explore research and advocacy at btcpolicy.org.
Music in this episode by More Ghost Than Man.