In this episode, I sit down with Bob Burnett, the founder and CEO of Barefoot Mining. We dive into the psychological and structural challenges facing Bitcoin today, from developer-community disconnects to the risks of cultural stagnation and the need for evolved governance.

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––– Get To Know Today’s Guest –––

• Bob Burnett on X: https://x.com/boomer_btc

––– Socials –––

• Check out our new website at https://TheBitcoinMatrix.Com

• Follow Cedric Youngelman on X: https://x.com/cedyoungelman

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––– Chapters –––

00:00 – Intro

01:11 – Bob’s Background

06:02 – Bitcoin’s Adoption Curve

09:08 – Early Majority Psychology

14:20 – Lessons from the PC Boom

17:26 – Community Schism

21:47 – Perception vs. Price

24:25 – Governance Without Leaders

32:10 – Communication Breakdown

40:33 – What Is OP_RETURN?

46:10 – Spam vs. Freedom

52:36 – Miner Incentives

58:24 – Future of Block Space

01:06:22 – Core Dev Frustration

01:13:11 – When to Change Bitcoin

01:15:09 – Time Bug & Quantum Threat

01:21:00 – Satoshi’s Coins

01:26:05 – Institutional Shifts

01:32:10 – Conservatism vs. Change

01:35:15 – Final Thoughts

I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing.

Thank you for listening!

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