# The Real Reason The US Government Is Hoarding Bitcoin | Dennis Porter

Page: https://stenobird.com/podcast/the-wolf-of-all-streets-1215618/the-real-reason-the-us-government-is-hoarding-bitcoin-dennis-porter
Text version: https://stenobird.com/podcast/the-wolf-of-all-streets-1215618/the-real-reason-the-us-government-is-hoarding-bitcoin-dennis-porter.md
Podcast: [The Wolf Of All Streets](https://stenobird.com/podcast/the-wolf-of-all-streets-1215618)
Published: 2026-05-03T13:07:00+00:00
Episode link: https://pdst.fm/e/pdst.fm/e/traffic.megaphone.fm/MANA2330121418.mp3?updated=1777908192
Audio file: https://pdst.fm/e/pdst.fm/e/traffic.megaphone.fm/MANA2330121418.mp3?updated=1777908192
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JSON: https://stenobird.com/v1/public/podcasts/the-wolf-of-all-streets-1215618/episodes/the-real-reason-the-us-government-is-hoarding-bitcoin-dennis-porter
Duration seconds: 2661

## Resource

A four-star admiral just stood on the floor of Congress and told senators that the US military is actively researching Bitcoin for national defense. Not as an investment. Not as a hedge. As a weapon. In this episode, Dennis Porter of Satoshi Action Fund breaks down what happened in that room, why the Pentagon is running a Bitcoin node, how proof of work can protect military communications from Chinese cyberattacks, and why 97% of mining hardware being made in China is a massive national security problem. He also reveals the behind-the-scenes fight to get a strategic Bitcoin reserve attached to the NDAA, why the crypto market structure bill is likely dead because of one clause nobody is talking about, and why states are quietly banning Bitcoin ATMs while the federal government stockpiles it. This is the most important Bitcoin policy conversation happening right now, and almost nobody is paying attention. Learn more about your ad choices. Visit megaphone.fm/adchoices

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## Transcript

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