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Someone put a chip inside the hardware wallet. Then they waited. George Bodine walks through the Ledger reseller attack, the 2020 breach Ledger said hit about 10,000 customers (the leaked database had 272,000 names and home addresses), and why he's been throwing Ledgers in the trash for years. Bob Burnett explains the part everyone gets wrong: Bitcoin didn't fail, the things you plug into it did. Larry Lepard on 1933, phishing, the deepfake phone call he's waiting for, and why he wipes his Trezor after every use. Then Bob previews something he's been building: a way to send a transaction that the world can't see until it's already in a block. New house, same three Boomers. Larry Lepard, Bob Burnett, George Bodine. CHAPTERS 00:00 welcome, and a toast to the one kid who listened 00:43 a maxi with bitcoin in more than one bucket 02:28 the ledger reseller story 03:43 they waited 04:32 the 2020 breach, 10,000 vs 272,000 05:35 the fendi wallet 06:33 bob: bitcoin didn't fail, the interface did 07:57 two of three, geographically dispersed 09:22 the etf question 10:41 what if the government says it's illegal 11:25 opsec vs complexity 11:45 the coldcard entropy scare 13:09 why larry still runs single sig on a trezor 13:50 phishing, deepfakes, and the call from your kid 15:53 don't keep it in the house, wipe the device 17:58 bob's pre-announcement: replace by fee as an attack 22:10 private transaction submission 23:56 what to tell the golfing buddy with a million 26:17 self custody is not as easy as driving a car 27:41 let the hate mail come in SPONSORS Swan, Bitcoin only, recurring buys, withdraw to self custody. swan.com/boomers Sazmining, you own the rig, power at cost, coins go to your wallet. sazmining.com/boomers The Bitcoin Boomers is a panel for smart, successful people over 40 still on the outside of Bitcoin looking in. Plain English answers to the questions no one else will touch. Signal without the noise. Your hosts: Lawrence Lepard, sound money fund manager and author of The Big Print. Bob Burnett, mining entrepreneur and founder of Barefoot Mining. George Bodine, the World's Most Interesting Bitcoiner. Listen to the audio anywhere: 🍎 Apple: https://podcasts.apple.com/us/podcast… ⚡ Fountain: https://fountain.fm/show/kHBRZl0Mb0MG… Subscribe: / @thebtcboomers Follow the hosts: Lawrence Lepard https://x.com/LawrenceLepard | Bob Burnett https://x.com/boomer_btc | George Bodine https://x.com/Jethroe111 Follow the show: https://x.com/TheBTCBoomers the opinions are the hosts' own. george's especially. Nothing here is financial advice. Everyone's situation is different.

did the CIA invent bitcoin? bob burnett says it doesn't matter and explains why. george bodine, who held a top secret clearance and loaded nuclear weapons on hornets, explains why a secret that big doesn't stay secret. gary leland has a theory about gavin newsom. then: should you hold bitcoin in your 401(k)? the boomers compare ETFs, IRAs and self-custody, and george tells you the one number that's always wrong. larry lepard is on puppy duty this week. he'll be back. 0:00 cold open 0:38 welcome to the q&a 0:52 did the CIA invent bitcoin? 4:31 from the studio: george bodine 8:09 a million bitcoin in the wrong hands 9:15 sazmining 9:47 should I hold bitcoin in my 401(k)? 15:23 swan 16:14 from the studio: george on your 401(k) 20:46 larry's excuse this episode is brought to you by sazmining: you own the rig, they host and run it, the bitcoin goes straight to your own wallet https://sazmining.com/boomers swan: turn your bitcoin ETF shares into real bitcoin, in your name. book a call with swan private https://swan.com/boomers the bitcoin boomers are larry lepard, bob burnett, george bodine and gary leland. new episodes every thursday. https://thebitcoinboomers.com larry lepard's book: the big print bob burnett: @boomer_btc george bodine: @Jethroe111 gary leland: @GaryLeland not financial advice. mining returns vary. bitcoin is volatile. none of us are your advisor, especially gary.

Gary Leland wants to be the first person to live to 200. larry lepard thinks he's nuts. bob burnett explains why your life insurance policy gives up at 121 and what happens if you don't. chapters 0:00 cold open: "i want to be the first person to live to 200" 0:56 welcome to bitcoin boomers 1:54 larry: "i think you're nuts" 3:24 longevity escape velocity (kurzweil) 5:39 if i make it to 200, i'll make it to 1,000 5:48 sazmining 6:45 the two reasons people don't want to live to 200 9:17 why bitcoiners are into longevity 10:48 aging 10 months a year 11:07 gary's blood markers: 72 to 56 11:42 stem cells in argentina 12:49 bitcoin in your hsa 15:37 airbags for toddlers 16:54 kurzweil: always right, never on time 18:37 your life insurance gives up at 121 19:50 swan 21:38 larry: "i want to be around to see the central banks fail" 22:28 coal miners and 200-year careers 23:12 hard labor is going away 24:20 the retirement fallacy 24:58 you need a purpose 25:41 piña coladas and diminishing returns 26:05 ledn 27:27 five feet ahead in a mile race 30:04 the waves: 90, 115, 140 31:00 outro hosts bob burnett @boomer_btc larry lepard @LawrenceLepard gary leland @GaryLeland · garyleland.com thebitcoinboomers.com mining roi varies. nothing here is financial advice. The Bitcoin Boomers is a panel for smart, successful people over 40 still on the outside of Bitcoin looking in. Plain English answers to the questions no one else will touch. Signal without the noise. Your hosts: Gary Leland, founder of BitBlockBoom and Hall of Fame podcaster. Lawrence Lepard, sound money fund manager and author of The Big Print. Bob Burnett, mining entrepreneur and founder of Barefoot Mining. George Bodine, the World's Most Interesting Bitcoiner. Listen to the audio anywhere: 🍎 Apple: https://podcasts.apple.com/us/podcast/the-bitcoin-boomers/id1853058330 ⚡ Fountain: https://fountain.fm/show/kHBRZl0Mb0MGWMELtjw4 Subscribe: https://www.youtube.com/@BTCBoomers Sponsors who make Boomers possible: Sazmining, mine your own Bitcoin: https://Sazmining.com/Boomers Ledn, borrow against your Bitcoin: https://ledn.io/boomers Follow the hosts: Bob Burnett https://x.com/boomer_btc | Gary Leland https://x.com/GaryLeland | Lawrence Lepard https://x.com/LawrenceLepard | George Bodine https://x.com/Jethroe111 Educational only. Not financial, legal, tax, or investment advice. Do your own research.

Bob Burnett was named executive chairman of Ocean on September 1st, three days after Luke Dashjr resigned. In this episode he explains what actually happened, why he thinks the BIP-110 push was never going to work, and why he doesn't think the people behind it are villains. Larry Lepard argues this isn't the Wild West anymore. Bob argues Bitcoin is crossing the chasm and a lot of companies built for the early era are about to hit a wall. They disagree about almost none of it and still manage to spend twenty five minutes on it. Gary Leland keeps score. George Bodine is absent. CHAPTERS 00:00 Somebody is trying to be king 00:46 Bob is chairman of Ocean now 01:15 Congratulations, allegedly 01:33 Three good years and a divorce 02:49 Every company hits a wall 03:28 Ledn 03:58 Cold Card, Blockstream, and the chasm 04:46 Geoffrey Moore, 1991 05:09 Innovators, early adopters, the early majority 07:04 Why they asked Bob to run it 08:23 A lot of flame outs 09:06 This isn't the wild west anymore 09:37 Lumpy but better 10:44 Sazmining 11:11 What is Bitcoin, exactly 13:01 Suspending the subsidy 13:26 Rules, not rulers 13:47 A pool's job is to serve miners 15:33 The marketplace decides 16:27 Don Quixote tilting at windmills 17:08 There will be suits 19:39 Pick your villain 20:11 Swan 21:01 What happens at Ocean next 21:37 Reserve judgment 22:59 Luke calls the old chain spam coin 23:50 What is a woman 24:25 I'm going to fire the miners 25:41 Kryder's law and the node problem 26:27 It's pretty f*****g good 26:56 Roger that SPONSORS Swan — swan.com/boomers, code BOOMERS Ledn — ledn.io/boomers. Bitcoin-backed borrowing involves interest, custody and liquidation risk. Sazmining — sazmining.com/boomers, code BOOMERS. Mining ROI varies. Larry @LawrenceLepard · Bob @boomer_btc · Gary @GaryLeland The show @bitcoinboomers None of this is advice. We're three guys who bought it early and still argue about it. The Bitcoin Boomers is a panel for smart, successful people over 40 still on the outside of Bitcoin looking in. Plain English answers to the questions no one else will touch. Signal without the noise. Your hosts: Gary Leland, founder of BitBlockBoom and Hall of Fame podcaster. Lawrence Lepard, sound money fund manager and author of The Big Print. Bob Burnett, mining entrepreneur and founder of Barefoot Mining. George Bodine, the World's Most Interesting Bitcoiner. Listen to the audio anywhere: 🍎 Apple: https://podcasts.apple.com/us/podcast/the-bitcoin-boomers/id1853058330 ⚡ Fountain: https://fountain.fm/show/kHBRZl0Mb0MGWMELtjw4 Subscribe: https://www.youtube.com/@BTCBoomers Sponsors who make Boomers possible: Sazmining, mine your own Bitcoin: https://Sazmining.com/Boomers Ledn, borrow against your Bitcoin: https://ledn.io/boomers Follow the hosts: Bob Burnett https://x.com/boomer_btc | Gary Leland https://x.com/GaryLeland | Lawrence Lepard https://x.com/LawrenceLepard | George Bodine https://x.com/Jethroe111 Educational only. Not financial, legal, tax, or investment advice. Do your own research.

Larry Lepard, Bob Burnett and Gary Leland on the September move: Bitcoin caught air off 62 and ran to 81 before settling near 77, the Fed's rate decision, Treasury buybacks tripling to $6 billion, and why half the people mining Bitcoin are probably losing money right now. Larry's call: $180,000 by the end of 2027. Bob's view from inside mining: the median cost of production is in the mid $60,000s, and spot is barely above it. And for anyone still waiting for $50,000 — Larry has a two-word answer. Plus: the fourth Boomer joins us from an elk camp in Colorado. 00:00 Give up. You missed it. 00:49 Gary's back, George is hunting 01:19 The fourth Boomer, from an elk camp 06:00 Bitcoin caught air: 62 to 81 to 77 06:32 The yen, FIMA, and Bessent's bigger boat 09:29 Warsh the hawk 11:59 The flag and the $5,000 dividend 13:18 Miner P&L 16:29 Bitcoin decouples from the Nasdaq 18:29 The AI trade peaks 22:10 Public miners go hyperscale 25:10 Larry's call: $180K by 2027 26:13 "Give up. You missed it." 29:12 Cost of production 32:16 Energy costs 35:06 Year-end predictions 37:43 "I'm not a financial advisor." "Well, I am." Thanks to our sponsors: Ledn — don't sell your Bitcoin, borrow against it → ledn.io/boomersSwan — real Bitcoin, in your name → swan.com/boomersSazmining — own the rig, not the output → sazmining.com/boomers Nothing here is financial advice. Everyone's situation is different.

"Not today you don't." The Boomers open with the question every holder secretly googles — do you owe taxes on Bitcoin you never sold? — and the answer detours through gold teeth, seventeen nuclear aircraft carriers, and Larry calmly explaining why he thinks this asset goes to a million dollars… then ten. Bob puts a number on the network nobody can picture (900 exahashes — more raw computation than every supercomputer on Earth combined), George explains why that's "the magic of Bitcoin," and then the fork question lands: what actually happened at block 961,632 when BIP-110 tried to split the chain — and why one side kept mining forever while the other managed two blocks. Lightning-round episode: taxes, hashrate, gold vs Bitcoin, the 50% drawdown rule, estate planning without losing your keys, and one bonus question that gets a very honest answer. Larry Lepard, Bob Burnett, and George Bodine hold the couch — Gary Leland sits this one out (he'll be back). CHAPTERS 00:00 — Cold Open 00:50 — Do I Pay Taxes on Bitcoin If I Don't Sell? 02:21 — Swan (sponsor) 03:01 — Gold vs Bitcoin: Which Do You Trust? 04:29 — 900 Exahashes & 17 Aircraft Carriers 06:51 — Sazmining (sponsor) 07:25 — What Backs Bitcoin? 10:12 — Sleeping Through 50% Drawdowns 14:33 — Ledn (sponsor) 15:01 — Bonus: The BIP-110 Fork at Block 961,632 The Bitcoin Boomers is a panel for smart, successful people over 40 still on the outside of Bitcoin looking in. Plain English answers to the questions no one else will touch. Signal without the noise. Your hosts: Gary Leland, founder of BitBlockBoom and Hall of Fame podcaster. Lawrence Lepard, sound money fund manager and author of The Big Print. Bob Burnett, mining entrepreneur and founder of Barefoot Mining. George Bodine, the World's Most Interesting Bitcoiner. Listen to the audio anywhere: 🍎 Apple: https://podcasts.apple.com/us/podcast/the-bitcoin-boomers/id1853058330 ⚡ Fountain: https://fountain.fm/show/kHBRZl0Mb0MGWMELtjw4 Subscribe: https://www.youtube.com/@BTCBoomers Sponsors who make Boomers possible: Sazmining, mine your own Bitcoin: https://Sazmining.com/Boomers Ledn, borrow against your Bitcoin: https://ledn.io/boomers Swan, Invest in Bitcoin: https://www.swan.com/boomers Follow the hosts: Bob Burnett https://x.com/boomer_btc | Gary Leland https://x.com/GaryLeland | Lawrence Lepard https://x.com/LawrenceLepard | George Bodine https://x.com/Jethroe111 Educational only. Not financial, legal, tax, or investment advice. Do your own research.

George Bodine recommended Coldcard on this show. Then the firmware flaw hit, and he got on the phone. In this episode he apologizes on camera, walks through moving his own funds, and the Boomers dig into what the incident really teaches about self-custody, trade-offs, and trust. Then, for the first time, George addresses BIP110's failure head-on: what went wrong, who's stepped away, and what it means to lose a battle without going home. 0:00 Cold Open 1:19 Welcome: Post-Coldcard, Post-BIP110 1:44 George's Coldcard Apology 3:52 Self-Custody Is Accountability 5:53 Ledn 6:30 Democratic Socialism & Doing the Work 9:57 Saylor, The Mandibles & Custodial Risk 11:39 Eggs, Baskets & the FDR Clue 12:29 Germany, Timing & the 75–80 Day Window 14:02 "President AOC" & Confiscation Talk 15:08 Sazmining 15:47 Trust & the Seed Phrase Question 18:05 Fathers, Values & Low Time Preference 22:41 Advice to Young Bitcoiners 23:36 BIP110 Post-Mortem 25:44 What Bitcoin Must Be for 200 Years 27:21 The Quantum Question & How Bitcoin Changes 30:55 Sign-Off Also in this episode: the democratic socialism polling, the 75–80 day window between an election and taking office, the FDR precedent, buckets and baskets, why these three trust each other with more than lunch money, and what Bitcoin has to be to last 200 years. Larry Lepard · Bob Burnett · George Bodine (filling in for Gary Leland) Sponsors: Ledn — bitcoin-backed loans. ledn.io/boomers (Bitcoin-backed borrowing involves interest, custody and liquidation risk.) Sazmining — own the machine that mines it. sazmining.com/boomers (Mining results vary. Power and setup billed separately.) The Bitcoin Boomers is a panel for smart, successful people over 40 still on the outside of Bitcoin looking in. Plain English answers to the questions no one else will touch. Signal without the noise. Your hosts: Gary Leland, founder of BitBlockBoom and Hall of Fame podcaster. Lawrence Lepard, sound money fund manager and author of The Big Print. Bob Burnett, mining entrepreneur and founder of Barefoot Mining. George Bodine, the World's Most Interesting Bitcoiner. Listen to the audio anywhere: 🍎 Apple: https://podcasts.apple.com/us/podcast/the-bitcoin-boomers/id1853058330 ⚡ Fountain: https://fountain.fm/show/kHBRZl0Mb0MGWMELtjw4 Subscribe: https://www.youtube.com/@BTCBoomers Sponsors who make Boomers possible: Bitcoin Well, self-custody made simple: https://bitcoinwell.com Sazmining, mine your own Bitcoin: https://Sazmining.com/Boomers Ledn, borrow against your Bitcoin: https://ledn.io/boomers Follow the hosts: Bob Burnett https://x.com/boomer_btc | Gary Leland https://x.com/GaryLeland | Lawrence Lepard https://x.com/LawrenceLepard | George Bodine https://x.com/Jethroe111 Bitcoin #BitcoinForBeginners #BitcoinBoomers Educational only. Not financial, legal, tax, or investment advice. Do your own research.

The Treasury Secretary said "whatever it takes" for the yen. The Fed has a facility that can hand Japan $60 billion with a keystroke, and Bessent says it might not be enough. Larry Lepard walks through what FIMA is, why gold moved 7% in three days, why gold stocks had their biggest week in 18 years, and why he thinks Wall Street still doesn't understand that they can never stop printing. Also: the 10 year red line, yield curve control, Silicon Valley Bank as a preview of a phase change, why the ETF holders aren't the paper hands everyone expected, and Larry's number for the next high. Bob Burnett and George Bodine ask the questions. Gary Leland is on vacation. He will be back in the future. 00:00 Cold open\ 00:42 Titles\ 00:47 Gary is on vacation\ 01:05 Bessent steps in for the yen\ 02:13 FIMA, the Fed's $60B printer for Japan\ 03:25 We're going to need a bigger boat\ 03:32 Gold moves 7% in three days\ 04:46 Jackson Hole and the rate hike odds collapse\ 05:59 The run it hot strategy\ 06:27 The 10 year red line\ 07:54 Bob's questions: bills, twist, buying time\ 08:20 This is what a third world country does\ 08:30 Bessent broke the Bank of England\ 10:23 Yield curve control\ 11:04 The $6.6T balance sheet\ 11:40 BTFP, buy the \__\_ paper\ 11:55 Gromen's negative 14% real rate\ 13:21 Gold up 65%, silver up 400%\ 13:54 Phase change\ 14:09 Silicon Valley Bank\ 15:04 Gold up $500 in a day\ 15:57 Bob's Bitcoin question\ 17:06 A hawkish Fed is just like DOGE\ 18:03 Fire in the theater\ 18:36 George: Bitcoin is in competition\ 19:15 70 gigawatts\ 19:46 Swan\ 20:24 A billion into the ETFs\ 21:01 ETF shares only down 10%\ 22:06 One side of the rowboat\ 22:27 The next high: 180 to 250\ 22:34 Sign off THIS EPISODE'S SPONSORS Swan. Set an amount, set a day, and it buys bitcoin for you. [swan.com/boomers](http://swan.com/boomers), code BOOMERS. Ledn. Borrow dollars against your bitcoin. What are they allowed to do with your bitcoin while it's there? Nothing. [ledn.io/boomers](http://ledn.io/boomers). Bitcoin-backed borrowing involves interest, custody and liquidation risk. Sazmining. A bitcoin miner that's yours. You own the machine, they run it, what it mines goes to your wallet. [sazmining.com/boomers](http://sazmining.com/boomers). THE BOOMERS\ Larry Lepard, author of The Big Print: [x.com/LawrenceLepard](http://x.com/LawrenceLepard)Bob Burnett: [x.com/boomerbtc](http://x.com/boomerbtc)George Bodine: [x.com/Jethroe111](http://x.com/Jethroe111)Gary Leland: [x.com/garyleland](http://x.com/garyleland) Show: [x.com/btcboomers](http://x.com/btcboomers) Nothing here is financial advice. Three guys who should be retired, arguing about money. The Bitcoin Boomers is a panel for smart, successful people over 40 still on the outside of Bitcoin looking in. Plain English answers to the questions no one else will touch. Signal without the noise. Your hosts: Gary Leland, founder of BitBlockBoom and Hall of Fame podcaster. Lawrence Lepard, sound money fund manager and author of The Big Print. Bob Burnett, mining entrepreneur and founder of Barefoot Mining. George Bodine, the World's Most Interesting Bitcoiner. Listen to the audio anywhere: 🍎 Apple: https://podcasts.apple.com/us/podcast/the-bitcoin-boomers/id1853058330 ⚡ Fountain: https://fountain.fm/show/kHBRZl0Mb0MGWMELtjw4 Subscribe: https://www.youtube.com/@BTCBoomers Sponsors who make Boomers possible: Bitcoin Well, self-custody made simple: https://bitcoinwell.com Sazmining, mine your own Bitcoin: https://Sazmining.com/Boomers Ledn, borrow against your Bitcoin: https://ledn.io/boomers Follow the hosts: Bob Burnett https://x.com/boomer_btc | Gary Leland https://x.com/GaryLeland | Lawrence Lepard https://x.com/LawrenceLepard | George Bodine https://x.com/Jethroe111 Bitcoin #BitcoinForBeginners #BitcoinBoomers Educational only. Not financial, legal, tax, or investment advice. Do your own research.

George Bodine woke up at 5am, saw the Coldcard news, and drove through the dark with shaking hands to move his Bitcoin before someone else could. He made it. Others lost everything. In the August episode, Bob Burnett, Larry Lepard, and George Bodine break down what actually went wrong inside Coldcard — the "one in a quadrillion" collisions their own support line saw, why the seed phrases were hiding in a drop of water instead of the universe, and what a former fighter pilot's checklist discipline looks like when your stack is on the line. Then: the BIP110 chain split is real. Bob explains why Barefoot Mining stopped signaling in June, what the four-block fork means, why the next upgrade will need exchanges, treasuries, and Wall Street to agree — and what to do if you get airdropped the fork coin. Self-custody was the whole point. Is it still? Not financial advice. Do your own research. ⏱️ CHAPTERS 00:00 Cold open 01:39 Welcome: the August edition 02:36 Who got hit: George's 5am drive 05:19 A word from Swan 05:56 Is the ETF the better option? 07:02 Bob's view: what Coldcard actually did 08:23 One in a quadrillion 09:15 Hide and seek in a drop of water 11:05 Entropy 101 14:28 Proving randomness & Chaos Enterprises 17:24 The future of self-custody 19:06 Larry's answer: Fidelity 20:07 The air-gap mistake & Trezor 21:45 "One bad company": answering the normies 23:02 The 6102 threat 27:42 Why wallets are built wrong 30:18 A word from Sazmining 30:51 One job 32:11 How to vet a Bitcoin company 34:45 The chain split is real 36:52 George: you don't leave people behind 38:06 Larry's verdict on BIP110 41:10 Bob's call with Brink 43:38 What it takes to change Bitcoin 44:15 Airdrop advice & sign-off 🟧 OUR SPONSORS Swan — Bitcoin only, self-custody at your pace, from Swan Sovereign to Swan Vault: swanbitcoin.com (code BOOMERS) Sazmining — own a Bitcoin miner on renewable energy, sats straight to your wallet: sazmining.com/boomers (code BOOMERS) Ledn — borrow against your Bitcoin without selling: Ledn.io/boomers The Bitcoin Boomers is a panel for smart, successful people over 40 still on the outside of Bitcoin looking in. Plain English answers to the questions no one else will touch. Signal without the noise. Your hosts: Gary Leland, founder of BitBlockBoom and Hall of Fame podcaster. Lawrence Lepard, sound money fund manager and author of The Big Print. Bob Burnett, mining entrepreneur and founder of Barefoot Mining. George Bodine, the World's Most Interesting Bitcoiner. Listen to the audio anywhere: 🍎 Apple: https://podcasts.apple.com/us/podcast/the-bitcoin-boomers/id1853058330 ⚡ Fountain: https://fountain.fm/show/kHBRZl0Mb0MGWMELtjw4 Subscribe: https://www.youtube.com/@BTCBoomers Sponsors who make Boomers possible: Swan - Bitcoin only, self-custody at your pace, from Swan Sovereign to Swan Vault: swanbitcoin.com Sazmining, mine your own Bitcoin: https://Sazmining.com/Boomers Ledn, borrow against your Bitcoin: https://ledn.io/boomers Follow the hosts: Bob Burnett https://x.com/boomer_btc | Gary Leland https://x.com/GaryLeland | Lawrence Lepard https://x.com/LawrenceLepard | George Bodine https://x.com/Jethroe111 Bitcoin #BitcoinForBeginners #BitcoinBoomers Educational only. Not financial, legal, tax, or investment advice. Do your own research.

What happens to your Bitcoin when you die? Can the government freeze or seize it? Could quantum computers break Bitcoin? And why is Bitcoin down while stocks are sitting near record highs? In this episode of The Bitcoin Boomers, Larry Lepard, Bob Burnett and George break down five of the biggest questions Bitcoin holders are asking right now. They dig into self-custody, multisig, inheritance planning, wrench attacks, AI-powered social engineering, Executive Order 6102, government confiscation risk, Bitcoin mining, non-KYC Bitcoin, quantum computing, Bitcoin’s relationship to global liquidity, the current drawdown, long-term holder capitulation, and why Bitcoin should never be confused with the broader crypto industry. They also tackle a much bigger question: What actually makes Bitcoin worth protecting? From the invention of digital scarcity to a monetary network that no government, CEO or company controls, this conversation gets to the heart of why Bitcoin is fundamentally different. 00:00 The five questions 00:44 Q1: What happens to my Bitcoin when I die? 02:05 A word from Swan 02:38 Wrench attacks, AI scams, and multi-sig 07:28 Q2: Can the government take or freeze my Bitcoin? 08:25 Executive Order 6102, the 1933 precedent 14:20 A word from Sazmining: The Hash Stash 14:48 Mining non-KYC Bitcoin 16:33 Q3: Will quantum computers break Bitcoin? 20:23 Q4: Why is Bitcoin down while stocks are at highs? 24:04 A word from Ledn 25:04 Q5: $10,000 in Trump coin vs Bitcoin Topics include: • What happens to your Bitcoin when you die • Self-custody, multisig and inheritance • Can the government seize Bitcoin? • Executive Order 6102 and the history of gold confiscation • Why counterparty risk matters • Mining Bitcoin directly • Quantum computing and Bitcoin security • Why Bitcoin is lagging stocks • Bitcoin and global liquidity • Why the current drawdown may represent opportunity • Bitcoin vs. Trump Coin and the broader crypto market • Why Bitcoin is a “zero-to-one” monetary invention This episode is for educational and informational purposes only and does not constitute financial, tax, legal or investment advice. The Bitcoin Boomers is a panel for smart, successful people over 40 still on the outside of Bitcoin looking in. Plain English answers to the questions no one else will touch. Signal without the noise. Your hosts: Gary Leland, founder of BitBlockBoom and Hall of Fame podcaster. Lawrence Lepard, sound money fund manager and author of The Big Print. Bob Burnett, mining entrepreneur and founder of Barefoot Mining. George Bodine, the World's Most Interesting Bitcoiner. Listen to the audio anywhere: 🍎 Apple: https://podcasts.apple.com/us/podcast/the-bitcoin-boomers/id1853058330 ⚡ Fountain: https://fountain.fm/show/kHBRZl0Mb0MGWMELtjw4 Subscribe: https://www.youtube.com/@BTCBoomers Sponsors who make Boomers possible: Bitcoin Well, self-custody made simple: https://bitcoinwell.com Sazmining, mine your own Bitcoin: https://Sazmining.com/Boomers Ledn, borrow against your Bitcoin: https://ledn.io/boomers Follow the hosts: Bob Burnett https://x.com/boomer_btc | Gary Leland https://x.com/GaryLeland | Lawrence Lepard https://x.com/LawrenceLepard | George Bodine https://x.com/Jethroe111 Bitcoin #BitcoinForBeginners #BitcoinBoomers Educational only. Not financial, legal, tax, or investment advice. Do your own research.

Bitcoin is the final exit. The escape hatch. The parachute at the end of the ride. George came back from Prague with a changed thesis, and this episode gets back to Bitcoin basics: money in self-custody that no one can stop. Larry breaks down why the third big print is coming and what a slow-motion currency failure actually looks like. Bob opens the books on the miners trilemma and why the hardest conditions in mining history are flashing the same signal as the last great bottom: whenever the money is hard, that's when you go in. Also on the table: the shiny object syndrome draining capital into AI, why sentiment is the worst the boomers have ever seen while every metric screams value zone, paper Bitcoin and the ghost of Sam Bankman-Fried, BIP110 and the three and a half weeks until the chain decides, and why Kevin Warsh is just the modern-day Von Havenstein. Bob's Miners Trilemma article in Bitcoin Magazine: https://bitcoinmagazine.com/business/bitcoin-miners-face-a-dilemma-for-success Thanks to our sponsors: Ledn — Bitcoin-backed loans for the in-between: https://ledn.io/boomers Sazmining — you own the machine, they run it: https://sazmining.com Use code BOOMERS. CHAPTERS 00:00 Cold open 01:25 Welcome: skin in the game 04:55 The Prague reset 05:18 Bitcoin is the final exit 06:50 A word from Ledn 07:44 Larry: a thousand years of debasement 09:41 The electricity timeline 10:35 Paper Bitcoin and SBF 12:11 Lost focus: three phrases 14:38 Worst sentiment, best value zone 15:54 Larry: how you get to $1M a coin 17:26 The shiny object syndrome 17:48 Bob: the miners trilemma 20:50 A word from Sazmining 21:43 What's suppressing price: rates, IPOs, AI capex 24:52 Larry: the liquidity indicator 26:04 The third print: enemy action 29:26 Warsh, the modern Von Havenstein 30:39 BIP110: two camps 34:30 Three and a half weeks to the fork 37:00 Hopeful endings 40:24 Watermelons Not financial advice. Three friends talking Bitcoin. The Bitcoin Boomers is a panel for smart, successful people over 40 still on the outside of Bitcoin looking in. Plain English answers to the questions no one else will touch. Signal without the noise. Your hosts: Gary Leland, founder of BitBlockBoom and Hall of Fame podcaster. Lawrence Lepard, sound money fund manager and author of The Big Print. Bob Burnett, mining entrepreneur and founder of Barefoot Mining. George Bodine, the World's Most Interesting Bitcoiner. Listen to the audio anywhere: 🍎 Apple: https://podcasts.apple.com/us/podcast/the-bitcoin-boomers/id1853058330 ⚡ Fountain: https://fountain.fm/show/kHBRZl0Mb0MGWMELtjw4 Subscribe: https://www.youtube.com/@BTCBoomers Sponsors who make Boomers possible: Bitcoin Well, self-custody made simple: https://bitcoinwell.com Sazmining, mine your own Bitcoin: https://Sazmining.com/Boomers Ledn, borrow against your Bitcoin: https://ledn.io/boomers Follow the hosts: Bob Burnett https://x.com/boomer_btc | Gary Leland https://x.com/GaryLeland | Lawrence Lepard https://x.com/LawrenceLepard | George Bodine https://x.com/Jethroe111 Bitcoin #BitcoinForBeginners #BitcoinBoomers Educational only. Not financial, legal, tax, or investment advice. Do your own research.

Are Bitcoin miners abandoning Bitcoin for AI? Is Bitcoin's fee market broken? And did Michael Saylor get this one wrong? In this episode of Bitcoin Boomers, Bob Burnett, Larry Lepard, and George Bodine dive into one of the biggest debates facing Bitcoin in 2026. Public mining companies are pivoting toward AI infrastructure, hash rate is declining for the first time in Bitcoin history, BIP-110 has ignited fierce discussion throughout the ecosystem, and the future of Bitcoin mining may look nothing like what we've assumed. If you care about Bitcoin's long-term security, mining economics, decentralization, or the future of block space, this is one conversation you don't want to miss. 👇 Support the show • Subscribe for weekly Bitcoin Boomers episodes • Share this episode with another Bitcoiner Chapters 00:00 Intro 00:31 State of Bitcoin mining today 02:15 Why hash rate is falling for the first time 05:05 Public miners are struggling 07:12 AI vs Bitcoin mining 10:28 Are our assumptions about mining wrong? 14:06 Decentralization improves as miners exit 17:15 Mining economics explained 21:18 Why public miners are pivoting to AI 27:12 "Good riddance" to Bitcoin miners? 31:05 Why AI is attracting all the capital 34:42 Is the four-year cycle still alive? 39:30 The real purpose of Bitcoin mining 43:12 Why block space matters 47:30 Banks could become major miners 52:02 Responding to Michael Saylor's comments 57:45 Can Bitcoin fees replace the subsidy? 1:03:42 Larry Lepard on BIP-110 1:08:55 Thinking 10–20 years ahead 1:13:20 Final thoughts Bitcoin #BitcoinMining #MichaelSaylor #AI #BIP110 #LarryLepard #BobBurnett #GeorgeBodine

The new Fed Chairman says inflation will be a thing of the past. Larry Lepard, Bob Burnett, and George Bodine explain why that's the most sophisticated lie in finance, and why the three assets the government can't print are about to come back with a vengeance. Recorded July 14, 2026, as Kevin Warsh delivered his Humphrey-Hawkins testimony live. In this episode: the Warsh playbook and "foaming the runway," why the Phillips curve is dead at the Fed, the Big Mac Index vs CPI, M2 growth vs the official inflation numbers, the AI capex arms race and why it guarantees liquidity, Hank Paulson's warning about the bond market, Japan's carry trade cracking, the power law model and why this drawdown looks like fall 2022, the Amazon parallel, and why you're not too late. ⏱ CHAPTERS 0:00 Cold Open: The Lie 1:07 Welcome: Warsh Testifies Live 1:37 "A Whopper of a Lie" + The Convenient CPI Print 2:45 The Warsh Playbook: Foaming the Runway 5:30 Why Bitcoin, Gold, and Silver Are in a Funk 7:01 Liquidity Is Tight: The China Factor 7:33 When Does It End? The Three Assets They Can't Print 8:19 Cooking the Numbers 9:07 Will AI Bail Them Out? 10:48 The Pivot: "Bitcoin Is Gonna Rip" 11:41 The Don Draper of Fed Chairmen 13:28 M2 vs CPI: The 4% Lie 14:13 Destroy Their System: Opt Out with Bitcoin 17:41 The Balance Sheet Trap 18:47 Paulson's Warning + Japan Is Cracking 20:58 The AI Capex Arms Race 24:59 Exponential Functions Burn Out 25:26 The Greatest Accumulation Period Since 2022 27:18 Dry Powder + The Power Law 28:40 For Everyone Who Bought at 120 31:28 "You're Not Too Late" 32:05 The Amazon Parallel: Buy the Leader The Bitcoin Boomers is a panel for smart, successful people over 40 still on the outside of Bitcoin looking in. Plain English answers to the questions no one else will touch. Signal without the noise. Your hosts: Gary Leland, founder of BitBlockBoom and Hall of Fame podcaster. Lawrence Lepard, sound money fund manager and author of The Big Print. Bob Burnett, mining entrepreneur and founder of Barefoot Mining. George Bodine, the World's Most Interesting Bitcoiner. Listen to the audio anywhere: 🍎 Apple: https://podcasts.apple.com/us/podcast/the-bitcoin-boomers/id1853058330 ⚡ Fountain: https://fountain.fm/show/kHBRZl0Mb0MGWMELtjw4 Subscribe: https://www.youtube.com/@BTCBoomers Sponsors who make Boomers possible: Sazmining, mine your own Bitcoin: https://Sazmining.com/Boomers Ledn, borrow against your Bitcoin: https://ledn.io/boomers Follow the hosts: Bob Burnett https://x.com/boomer_btc Gary Leland https://x.com/GaryLeland Lawrence Lepard https://x.com/LawrenceLepard George Bodine https://x.com/Jethroe111 Bitcoin #BitcoinForBeginners #BitcoinBoomers Educational only. Not financial, legal, tax, or investment advice. Do your own research.

Iran just made Bitcoin the toll for oil, and the U.S. dollar should be terrified. In this episode of The Bitcoin Boomers, Bob Burnett, Larry Lepard, and Gary Leland break down the petrodollar shift that could reshape global money. Bob's Country Club buddies finally stopped laughing, Gary wants to live to 200, and Larry's hair is on fire. The Boomers go deep on inflation, the bond market, the coming "Big Print," and why Bitcoin may be the ultimate escape hatch for anyone trying to protect their wealth. In this Bitcoin episode you will learn about: 0:00 Intro 01:03 Robert Kiyosaki's warning for Boomers 03:56 Why bond markets may be signaling a major financial event 04:10 Warsh the new Fed chair 08:49 Bob THOUGHT he would want to be CEO one day 11:28 AI, productivity, and the future of employment 14:06 Life is better now than in the Middle Ages 17:43 Bob finally gets respect at the Country Club 19:45 Education advice for younger generations 21:00 At Least You aren't Litecoin Larry 22:00 At certain wealth levels you don't notice what's going on 23:05 Larry's friend hates The Big Print 25:00 Gary wants to live to be 200 32:00 If you want to live to be 200 you need Bitcoin 34:00 Japan's debt crisis and the Yen Carry Trade 40:02 Big Print 3 and what makes Larry's hair catch fire 42:20 This is when power law rips to the upside 45:00 The Japanese 100 year mortgage 47:00 Why Bitcoin may become the ultimate escape hatch 48:00 The Petro Sat 49:10 Bitcoin the network 50:08 Nations and Blockspace 51:49 Iran kicked off the SWIFT system 53:00 A reason to mine Bitcoin and it's not what you think 01:05 First layer transactions won't last forever. 02:05 Bitcoin insurance is what they are paying for. Why successful investors are suddenly asking questions about Bitcoin Nation-state Bitcoin mining and sovereign block space Iran, Russia, China, and Bitcoin's geopolitical role Bitcoin as censorship-resistant money Inflation, rising living costs, and generational pressure This is Bitcoin macro for Boomers: sound money, wealth preservation, and the future of the financial system explained by people who have lived through decades of market cycles. 🔔 Subscribe to The Bitcoin Boomers for more Bitcoin education for the over 40 crowd, Bitcoin macro, and honest conversations about money, inflation, and wealth preservation. It really helps the channel. 🎙️ Listen to The Bitcoin Boomers on your favorite podcast app: 🍎 Apple Podcasts: https://podcasts.apple.com/us/podcast/the-bitcoin-boomers/id1853058330 ⚡ Fountain: https://fountain.fm/show/kHBRZl0Mb0MGWMELtjw4 🟢 Spotify: https://open.spotify.com/episode/1A915zKP4GWfKcPbh564YK?si=1M8MZML_S_CuucY4c8g4HA ──────────────────────────────────────── 💼 Support the businesses that make Bitcoin Boomers possible: ⛏️ Sazmining: Mine your own Bitcoin, create a legacy: https://Sazmining.com/Boomers 💰 Ledn: 8 years of Bitcoin lending: https://bit.ly/lednboomers ──────────────────────────────────────── 👥 Follow our hosts: Bob Burnett: https://x.com/boomer_btc Gary Leland: https://x.com/GaryLeland Lawrence Lepard: https://x.com/LawrenceLepard George Bodine: https://x.com/Jethroe111 ──────────────────────────────────────── 🎙️ About The Bitcoin Boomers The Bitcoin Boomers are Gary Leland, Lawrence Lepard, Bob Burnett, and George Bodine. 4 men with decades of experience in business, tech, macro, and investing. If you're over 40 and building wealth, protecting wealth, or simply trying to understand how money really works, this show is for you. Gary Leland: Founder of BitBlockBoom, early digital pioneer, and Hall of Fame podcaster. Gary built some of the earliest e-commerce sites in 1996 and became one of the world's first podcasters in 2004. His work earned recognition in Time Magazine's 50 Coolest Websites and induction into the Academy of Podcasters Hall of Fame. He founded BitBlockBoom.com, now in its 10th year as the longest-running Bitcoin conference in North America. Lawrence Lepard: Macro investor, sound money advocate, and author of The Big Print: https://amzn.to/3XuzAtn. Lawrence brings four decades of experience in venture capital, private equity, and macro analysis. He speaks openly about inflation, debt cycles, monetary failure, and the fragility of the fiat system. He does not hold back on his convictions. Bob Burnett: Tech veteran, Bitcoin mining entrepreneur, and former CTO at Gateway. Bob spent 13 years as CTO and EVP of Products at Gateway, helping lead innovation in personal computing, and worked on the world's first laptop at Zenith. Today he runs BarefootMining.com, building diversified, decentralized Bitcoin mining sites across the U.S. George Bodine: Arguably the world's most interesting man. From fighter pilot to Delta pilot to Bitcoiner.

How should you buy Bitcoin if you're over 40 or already retired? A @UNLV class of near-retirees and retirees sent us their five hardest questions about Bitcoin. No hype, no jargon, just real answers for people who don't have 30 years to wait. Bob Burnett, Larry Lepard, and Gary Leland sit down with the questions most Bitcoin shows never bother to answer: does it even matter if you're already retired, how to buy Bitcoin, your first $500 without becoming a tech expert, and how do you NOT make the one expensive mistake that wipes you out. Plus the silver vs Bitcoin debate that broke a Twitter poll wide open. Which would you buy if you had to sell it in one year? If you're over 40 and over 50 Bitcoin-curious but tired of being talked down to, this one's for you. 🟧 follow the boomers on X: @BTC_Boomers Sponsors: sazmining (hosted bitcoin mining) → sazmining.com/boomers code Legacy ledn (bitcoin-backed loans) → ledn.io/boomers chapters: 1:01 the unlv bitcoin class 1:22 why bitcoin matters if you're retired 3:51 outrunning your money and the 200 year life 4:37 the life insurance twist 6:03 the simplest way to buy your first $500 11:18 skeptic to holder, the conviction stories 12:56 sazmining 13:23 back to the stories 14:29 the expensive mistake, and how to avoid it 15:52 dollar cost averaging through the swings 17:09 1 bitcoin or 1,000 oz of silver 22:48 ledn 23:22 can you even prove your silver is real 24:03 do metals guys have an open mind on bitcoin 27:14 wrap up Your hosts: Gary Leland, founder of BitBlockBoom and Hall of Fame podcaster. Lawrence Lepard, sound money fund manager and author of The Big Print. Bob Burnett, mining entrepreneur and founder of Barefoot Mining. George Bodine, the World's Most Interesting Bitcoiner. Listen to the audio anywhere: 🍎 Apple: https://podcasts.apple.com/us/podcast/the-bitcoin-boomers/id1853058330 ⚡ Fountain: https://fountain.fm/show/kHBRZl0Mb0MGWMELtjw4 Subscribe: https://www.youtube.com/@BTCBoomers Sponsors who make Boomers possible: Bitcoin Well, self-custody made simple: https://bitcoinwell.com Sazmining, mine your own Bitcoin: https://Sazmining.com/Boomers Ledn, borrow against your Bitcoin: https://ledn.io/boomers Follow the hosts: Bob Burnett https://x.com/boomer_btc | Gary Leland https://x.com/GaryLeland | Lawrence Lepard https://x.com/LawrenceLepard | George Bodine https://x.com/Jethroe111 Bitcoin #BitcoinForBeginners #BitcoinBoomers Educational only. Not financial, legal, tax, or investment advice. Do your own research.