Is It Too Late to Buy Bitcoin? Top 5 Questions Everyone Over 40 Is Asking
The Bitcoin BoomersYour financial advisor says no. Your kids say yes. And Bitcoin already went from pennies to $100,000, so you figure you missed it.
Sound familiar? These five questions come up more than any others, so Larry, Gary, and Bob sat down and answered them, together.
The Top 5 Most-Asked Bitcoin Questions:
My financial advisor told me not to buy Bitcoin. Should I listen to them?
I don't understand the technology. How can I invest in something I don't understand?
What if the government bans Bitcoin?
My kids keep telling me to buy Bitcoin. Since when do I take financial advice from my children?
I missed it. Bitcoin already went from nothing to $100,000. Am I too late?
You'll also hear why your advisor makes NO commission by recommending Bitcoin
and the one mistake that makes new buyers sell at the worst possible time.
Timestamps:
00:00 The 5 Questions — Cold Open
00:27 Welcome to Boomers Q&A
00:38 Q1: My Financial Advisor Told Me Not to Buy Bitcoin
04:04 Sponsor: Ledn
04:33 Q2: I Don't Understand the Technology
08:04 Q3: What If the Government Bans Bitcoin?
11:32 Q4: My Kids Keep Telling Me to Buy Bitcoin
13:36 Q5: Am I Too Late? ($1M by 2032)
17:11 Sponsor: Sazmining
17:35 Q5 Continued: Skepticism, OG Stories & Ken Olsen
20:04 Closing Thoughts: Don't Get Weak Hands
22:00 Outro — Drop Your Questions
Books mentioned in this episode:
• The Big Print by Lawrence Lepard
• The Bitcoin Standard by Saifedean Ammous
• Broken Money by Lynn Alden
• The Price of Tomorrow by Jeff Booth
• Bitcoin One Million by Fred Krueger and Ben Seligman
Have a question for the next Q&A? Put it in the comments. The questions we see most become the next episode.
Bitcoin #BitcoinForBeginners #IsItTooLateToBuyBitcoin
Listen to The Bitcoin Boomers on your favorite podcast app:
🍎 Apple Podcasts: https://podcasts.apple.com/us/podcast/the-bitcoin-boomers/id1853058330
⚡ Fountain: https://fountain.fm/show/kHBRZl0Mb0MGWMELtjw4
🟢 Spotify: https://open.spotify.com/episode/1A915zKP4GWfKcPbh564YK?si=1M8MZML_S_CuucY4c8g4HA
Please support the businesses who help make Boomers possible:
Bitcoin Well: Buy Bitcoin that goes directly to your wallet
Sazming: Mine your own Bitcoin, create a legacy Sazmining.com/Boomers
Ledn.io: 8 years of Bitcoin lending - https://bit.ly/lednboomers
Follow our 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
The Bitcoin Boomers are Gary Leland, Lawrence Lepard, Bob Burnett and George Bodine. 4 men with decades of experience in business, tech, macro, and investing.
Hosts:
Gary Leland – Founder of BitBlockBoom, early digital pioneer, Hall of Fame podcaster. Gary built a few of the earliest e-commerce sites in 1996 and became one of the world’s first podcasters in 2004. His work earned recognition in Time Magazine’s 50 Coolest Websites and induction into the Academy of Podcasters Hall of Fame. He founded BitBlockBoom.com going into it's 10th year, the longest-running Bitcoin conference in North America.
Lawrence Lepard – Macro investor, sound money advocate, author of The Big Print can be found here- https://amzn.to/3XuzAtn
Lawrence brings four decades of experience in venture capital, private equity, and macro analysis. He speaks openly about inflation, debt cycles, monetary failure, and the fragility of the fiat system. He does not hold back on his convictions.
Bob Burnett – Tech veteran, mining entrepreneur, former CTO at Gateway
Bob spent 13 years as CTO and EVP of Products at Gateway, helping lead innovation in personal computing as well as worked on the world's first laptop at Zenith. Today he runs BarefootMining.com, building diversified, decentralized Bitcoin mining sites across the U.S.