>and if you grow the stack, you might have to move it

Most stacks are tiny and have bounded growth. Really large stacks usually happen with deep recursion, but it's not a very common pattern in non-functional languages (and functional languages have tail call optimization). OS threads allocate megabytes upfront to accommodate the worst case, which is not that common. And a tiny stack is very fast to copy. The larger the stack becomes, the less likely it is to grow further.

>cannot have pointers to stack objects

In Go, pointers that escape from a function force heap allocation, because it's unsafe to refer to the contents of a destroyed stack frame later on in principle. And if we only have pointers that never escape, it's relatively trivial to relocate such pointers during stack copying: just detect that a pointer is within the address range of the stack being relocated and recalculate it based on the new stack's base address.