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.