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

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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

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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.