In this episode, Grant McCarty of the Bitcoin Policy Institute joins the show to discuss his early political engagements and origins of BPI, challenges and opportunities around implementing crypto legislation, and the Strategic Bitcoin Reserve. We also delve into advancing Bitcoin as a debt instrument, the evolving political landscape, and more. Enjoy! — Follow Grant: https://x.com/grant_mccarty 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 — Bitcoin DeFi is here. Stake, bridge, swap and earn real yield on Core - Bitcoin’s consumer chain and staking layer. Join Ignition and get onchain: https://ignition.coredao.org/blockworks Stake your Bitcoin with Core: 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. Need liquidity without selling your Bitcoin? For 6+ years, Ledn has been the trusted choice for Bitcoin-backed lending. With transparency, security, and trust at our core, we help you access your BTC’s wealth while HODLing. Discover what your Bitcoin can do at https://ledn.io/borrowing. — Timestamps: (00:00) Introduction (01:20) Founding the Bitcoin Policy Institute (03:43) Early Political Engagements (07:52) Strategic Bitcoin Reserve (13:05) Policy Implementation and Challenges (13:54) Ads (Core, Ledger, Ledn) (15:27) Policy Implementation and Challenges (Con't) (27:21) Ads (Core, Ledger, Ledn) (29:26) Broader Cryptocurrency Legislation (32:34) SBR & Crypto Legislation (37:30) Bit Bonds & Advancing Bitcoin Debt (45:54) The Political Landscape and Bitcoin (48:40) Reflections on Politics and Bitcoin Advocacy (51:26) Conclusion and Future Outlook — 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.