Show Notes
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 fucking good
26:56 Roger that
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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
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Subscribe: https://www.youtube.com/@BTCBoomers
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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.
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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.
"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.