DROPS E35:
@Coredao_org - Bitcoin yield without giving up your Bitcoin
@richrines is one of the initial contributors to Core DAO, the leading Bitcoin scaling solution. He's also a long-time Zcash holder and early backer of
@_zprotocol , a new privacy chain built on Core's Satoshi Plus consensus. We talk Bitcoin yield, financial privacy, AI surveillance, and why the next big move in crypto might not be where most people are looking.
We talk about:
- How Core DAO lets you earn yield on Bitcoin by time-locking it - without ever giving up custody
- Why borrowing against Bitcoin makes sense now
- OG Bitcoiners rotating to Zcash - what "transition" actually means and whether it's bad for Bitcoin
- Z Protocol as the DeFi layer for private money
- Why AI has made financial surveillance trivial - and why that accelerates privacy adoption
- How Agents are leaving full financial fingerprints - and why privacy needs to be default on at the chain level
And much more...
Timestamps:
0:00 - Introduction
2:05 - What does Rich Rines do?
3:00 - Financial Freedom
4:09 - Journey from Bitcoin to Zcash
6:40 - Zcash Philosophy
8:38 - Transition to Zcash
11:20 - Who is Rich Rines?
11:46 - Bitcoin as Pristine Collateral
14:28 - Criticisms of Borrowing Strategy
16:52 - Explaining CORE
18:58 - Bitcoin Yield Story
20:29 - Misconception regarding CORE
22:08 - Time Lock
23:34 - Risk of using CORE
24:37 - Strategies used by CORE
26:42 - What Bitcoin Holders Want?
28:46 - Bitcoin Yield
30:10 - CORE Alpha
32:44 - SatPay
34:19 - Power Grid Thesis
35:37 - Satoshi Plus
37:07 - What is Z?
38:12 - Benefits of long-term Zcash Holder
40:01 - Vertical Integration
43:12 - Privacy for Agents
44:41 - Faux Privacy
46:14 - Privacy vs Government
49:01 - Zcash’s Future
50:01 - Conclusion