Searching For "Real Yield" On Bitcoin | With Rich Rines

Even the most hardline BTC maxis are low-key starving for a way to earn yield on their BTC. CoreDao contributor Rich Rines says that Core Network provides a way for HODLers to do that – without needing to trust any bridge or custodian! In this conversation, we discuss How Core Network combines both Proof of Stake and Proof of Work Whether CoreDao is a Bitcoin “L1” or “L2” Why Core has proven so successful with a “fair launch” token Whether utility tokens can make a comeback under the new administration The most exciting use case being built in crypto This episode is powered by Best In Slot—the leading API for Ordinals and BRC20 data aggregation and indexing. TIMESTAMPS: - 00:50 What is CoreDao? 01:50 Satoshi+: How Core Network is secured 02:55 What’s wrong with Merged Mining? 04:00 How CoreDao contributes to Bitcoin security 05:10 Is CoreDao a Bitcoin L1 or an L2? 06:27 Creating native staking yield for BTC 08:30 Yes, the staking is trustless 10:00 Why proof of stake doesn’t need slashing 11:10 There is no trustless slashing on Bitcoin today 12:50 How CoreDao hit product-market fit 14:30 What problems does CoreDao solve? 16:20 BTC is collateral - not currency 17:10 How did Core’s TVL grow so fast? 20:00 Converting normies to Core 21:35 Core’s “fair launch” token approach 24:50 Why bother with crypto tribalism? 26:00 The death of VC tokens, rise of fair launches 30:50 Could utility coins boom now that Trump is back? 33:20 Who will survive in this token market? 36:30 Market saturation and lack of flows 39:40 Bitcoin staking through ETFs? 41:35 Institutional vs retail staking with Core 43:30 Cool technology is not enough 46:15 Stacks and its staying power 47:10 Rich’s advice: play infinite games 48:55 Growing to scale and fee revenue 50:45 The biggest potential use case: lending/ borrowing 54:15 Rich isn’t bullish on OP_CAT happening soon… 56:30 …but is still cheering for Taproot Wizards >https://x.com/richrines LISTEN / SUBSCRIBE TO THE PODCAST: › YouTube: / @bitcoinrails › X/Twitter: https://x.com/isabelfoxenduke › Spotify: https://open.spotify.com/show/5uPrBxvD691TpTqjijudkO?si=571634b88d574911 CONNECT WITH ISABEL: › Email: [email protected] › LinkedIn: https://www.linkedin.com/in/isabel-foxen-duke-87272423/ › X/Twitter: https://x.com/isabelfoxenduke Bitcoin #Ordinals #BRC20 #Runes #BitVM #zkp