Bob Burnett: Becoming a citizen of Bitcoin - BFM029

ℹ️ Apologies for my bad sound. I made a rookie mic mistake. It's fixed about 50m in, but Bob's sound is perfect and he is a joy to listen to :) hope you enjoy it! Bob Burnett has founded several companies in the Bitcoin mining space and is currently the Founding CEO of Barefoot Mining, a company that develops Bitcoin mining sites. He holds a degree in Computer Engineering, has 8 patents, and over 35 years of experience in the technology industry. He also founded and manages the Barefoot Bitcoin Fund, serves on the board of directors for Ocean Mining, and is on the board of advisors for the Satoshi Action Fund. As an evangelist and educator on Bitcoin, Bob is sure about its importance for the world’s future. I hope you enjoy this episode! → Follow Bobon https://x.com/boomer_btc → Barefoot Mining: https://www.barefootmining.com 🔔 Subscribe to never miss an upcoming episode of Bitcoin for Millennials, → YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠ → Follow Bram on ⁠⁠https://x.com/bramk Timestamps 00:00 - Introduction 01:21 - Bob's Journey in Understanding Bitcoin 03:13 - Challenges with Traditional Financial Advisors 05:03 - Discovering Austrian Economics 06:35 - The Importance of Letting the Economy Be 09:06 - Transitioning from Ethereum to Bitcoin 10:24 - Protecting the Value of Work 13:19 - The Excitement and World-Changing Implications of Bitcoin 16:04 - Questioning Traditional Assets 19:08 - Challenging Personal Beliefs 21:28 - The Resonance of Bitcoin with Austrian Principles 23:23 - The Difficulty of Letting Go of Previous Investments 25:15 - The Ethos of Bitcoin 28:21 - The Connection and Unity Among Bitcoiners 30:02 - Bitcoin as the Second Most Important Thing in Life 32:16 - The Dangers of Going Public 36:31 - The Citizenship of Bitcoin 38:47 - The Unique Community and Ethos of Bitcoin 40:05 - The Mutually Beneficial Game of Bitcoin 42:02 - The Base Layer of Agreements in Bitcoin 42:47 - The Resilience and Trust in Bitcoin 43:20 - The Importance of Discussion and Collaboration in Bitcoin 44:44 - Bitcoin-Friendly Legislation and the Tension Between States and the Federal Government 49:31 - The Challenges of Legislation and Regulation in Bitcoin Mining 55:09 - The Environmental Concerns and Energy Usage in Bitcoin Mining 58:50 - The Triffin Dilemma and the Decline of the US Dollar 01:13:36 - The Impact of the Broken Monetary System on Daily Life 01:27:38 - The Life-Changing Impact of Bitcoin and the Broken Money System