Leon returns to the show as we unpack the reality behind San Antonio’s evolving startup scene and Geekdom’s shift in layout. We then break down the technical flaw in ColdCard hardware wallets that resulted in a $110M+ drain, separate headline ETF hype from real year-to-date market net flows, and analyze why crypto must match the UX simplicity of products like X Money to capture mainstream adoption. Finally, we examine the failure of Bitcoin’s BIP 110 soft fork and the hidden security risks of "zombie" protocols.

Jesus Burgoa (JR), Founder & CEO of MintLocke

LinkedIn: https://www.linkedin.com/in/jesus-rafael-burgoa-b34874170/

X: https://x.com/jesusrburgoa

Website: https://jrburgoa.com/
MintLocke Website: https://mintlocke.com/

Leon Hitchens, CMO of MintLocke

LinkedIn: https://www.linkedin.com/in/leonhitchens/

X: https://x.com/Leonhitchens

Website: https://www.leonhitchens.com/

Spotify: https://open.spotify.com/show/3cfUVNwIm2AXt2oZ0nx2Dv

Apple Podcasts: https://podcasts.apple.com/us/podcast/the-social-ledger/id1803475184

YouTube: https://www.youtube.com/@TheBoostchannel

Website: https://theboost.fm/social-ledger-report/

KEY HIGHLIGHTS

• San Antonio & Tech Hubs: What Geekdom’s shift to a single-floor cafe reveals about second-tier startup cities vs. Austin and SF.
• The ColdCard Flaw: A 5-year firmware bug dropped seed entropy to 40-bit, allowing hackers to brute-force $110M+ in BTC.
• ETF Hype vs. Reality: BlackRock led $1.7B in weekly inflows, but YTD net flows remain -$4.4B, signaling custody rotation over new money.
• Neobanks vs. Crypto UX: Testing X Money's 3% yield debit card and why crypto needs seamless, background conversion for mass adoption.
• Bitcoin BIP 110 Soft Fork: Miners overwhelmingly rejected payload limits on Ordinals, proving decentralized consensus in action.
• "Zombie" Protocols: Over 100 dead crypto projects leave unmaintained smart contracts vulnerable to exploit vectors.