The Bitcoin Boomers

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 fucking 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.