#457: Rich Rines, Contributor to Core DAO, on Bitcoin DeFi, The Institutionalization of BTC, and Liquid Staking Bitcoin

Rich Rines, an initial contributor to Core DAO and former lead of Coinbase's money movement engineering, is a self-taught engineer and successful entrepreneur with ventures like Element Wallet and AutoReach. His expertise lies in 0-1 building, growth, and scalability, with a passion for Bitcoin and decentralization.In this conversation, we discuss:- Bitcoin DeFi- Rich thinks 200k per bitcoin before 2026- The institutionalization of BTC is still so early- Many of the Bitcoin treasury cos haven’t started purchasing yet- Core reaching over $1B in TVL- Explaining dual staking- Core’s Bitcoin ETP is the first in Europe to offer yield- Soon to be launched liquid staking token LstBTC- How Core earns yield, so you can earn yield- Balancing decentralization and usabilityCore DAOWebsite: coredao.orgX: @Coredao_OrgLinkedIn: t.me/CoreDAOTelegramRich RinesX: @richrinesLinkedIn: Rich Rines--------------------------------------------------------------------------------- This episode is brought to you by PrimeXBT. PrimeXBT offers a robust trading system for both beginners and professional traders that demand highly reliable market data and performance. Traders of all experience levels can easily design and customize layouts and widgets to best fit their trading style. PrimeXBT is always offering innovative products and professional trading conditions to all customers.  PrimeXBT is running an exclusive promotion for listeners of the podcast. After making your first deposit, 50% of that first deposit will be credited to your account as a bonus that can be used as additional collateral to open positions. Code: CRYPTONEWS50 This promotion is available for a month after activation. Click the link below: PrimeXBT x CRYPTONEWS50

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