Show Notes
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
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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.
More from The Bitcoin Boomers
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.
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.
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, 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.