HK Consensus 2025 SPECIAL EP 5: Rich Rines on Bitcoin's Path to $1,000,000
Bitcoin isn’t just a store of value anymore.
With spot ETFs paving the way, institutions are now eyeing structured products, yield, and new ways to integrate BTC into onchain finance.
In today's episode,
@andyyy sits down with
@richrines of
@Coredao_Org to cover:
> Bitcoin’s Institutional Shift
> The Rise (and Fall) of Bitcoin L2s
> Why Spot ETFs Were Just the Beginning
> Bridging Bitcoin’s Utility Gap
> The Long Game for Bitcoin DeFi
Full episode links below.
Timestamps:
00:00 Intro
00:38 Mantle Ad
01:36 HK Crypto Culturre
05:26 Appealing to Institutions
08:46 Changing Bitcoin’s 4-Year Cycle
12:28 Bitcoin’s Current L2 Space
16:15 What is Bitcoin’s Purpose?
20:24 Bitcoin L2s vs ETH L2s
21:06 Redstone Ad
25:39 Core’s Value in the Bitcoin Ecosystem
29:48 Borrowing Bitcoin
33:29 Preservation Through Bitcoin