The Bitcoin Boomers

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.