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.

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. https://swan.com/boomers\

Sazmining, you own the rig, power at cost, coins go to your wallet. https://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:

Gary Leland, founder of BitBlockBoom

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\

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/btc_boomers\

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.