{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fwhatismoneypodcast.com%2Fepisodes%2Frich-rines-RsNLO9LY","width":444,"version":"1.0","type":"rich","title":"Bitcoin Mining Death Spiral, AGI, and the End of Central Banking w/ Rich Rines","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/4bf32dbd-0778-444f-8759-1a89d2f13a25/cef89f8a-d03c-4cac-8f5e-c2770cd2617e/615-square.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/8d1fe63d-8446-4590-bec6-66f531fd9d75\" height=\"200\" width=\"100%\" title=\"Bitcoin Mining Death Spiral, AGI, and the End of Central Banking w/ Rich Rines\" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"Rich Rines joins the show to explore whether mining concentration is a real concern, why Ethereum struggles with product market fit, if Bitcoin is the separate of money from state, the ethics of Coinbase and sh*tcoins, and whether all other cryptos are unregistered securities. They also discuss the future of central banking on a Bitcoin standard, the role of Lightning and Tether, and how Bitcoin and AI will reshape the world.\n\nRich Rines is a Bitcoin class of 2013 OG, who previously led money movements at Coinbase. He left Coinbase to focus fully on Core, recognizing its potential and aligning better with his startup-oriented mentality. Rich serves as the CEO of Element Wallet, a consumer application set to become integral to the Core ecosystem, focusing on stablecoins and encrypted messaging infrastructure."}