#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 usability

Core DAO
Website: coredao.org
X: @Coredao_Org
LinkedIn: t.me/CoreDAOTelegram

Rich Rines
X: @richrines
LinkedIn: Rich Rines

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