"CoreDAO's Initial Contributor Rich Rines Discusses Bitcoin's Evolution Post-ETF Ruling at Mainnet 2023"

Ade Kelana Restha
2 min readSep 22, 2023

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At Mainnet 2023, one of the biggest events in the world of blockchain and cryptocurrency, important conversations took place regarding the evolution of Bitcoin following the ETF decision and its impact on the sustainability and landscape of Bitcoin mining. This is what Rich Rines, Early Contributor of CoreDAO, discussed in an exclusive interview with Jill Malandrino on Nasdaq #TradeTalks.

Introduction:

Mainnet 2023 has become a global focal point, inviting key thinkers and players in the cryptocurrency industry. One of the keynote speakers at this event was Rich Rines, an Early Contributor from CoreDAO, who has played an important role in the development of the Bitcoin ecosystem. In this interview, we will explore Rich Rines' views on Bitcoin's evolution following the ETF decision and its impact on sustainability and the mining landscape.

Bitcoin's Evolution Post-ETF Ruling:

Bitcoin ETF decisions have been in the spotlight in recent years. In the interview, Rich Rines outlines how this decision has changed the view of Bitcoin in the world of traditional finance. He explained that the presence of Bitcoin ETFs has opened the door for larger institutional investors to enter the cryptocurrency space, potentially increasing the liquidity and acceptance of Bitcoin globally.

Impact on Bitcoin Sustainability and Mining Landscape:

Rich Rines also discusses the impact of the ETF decision on the sustainability of Bitcoin and the mining landscape. He noted that growing institutional interest in Bitcoin has prompted questions about the environmental impact of Bitcoin mining. However, he also highlighted how most Bitcoin mining attempts to use renewable energy resources and create innovation in this regard.

CoreDAO's Role in Bitcoin's Evolution:

Rich Rines also spoke about CoreDAO's role in developing the Bitcoin ecosystem. He noted that CoreDAO has become a place for the developer community to collaborate and innovate in understanding the challenges and opportunities Bitcoin faces in the future.

Conclusion:

This interview at Nasdaq #TradeTalks on Mainnet 2023 provides valuable insight into Bitcoin's evolution following the ETF decision, its impact on sustainability and the mining landscape, and CoreDAO's role in this process. This is an important step in further understanding the future of Bitcoin and how the cryptocurrency will adapt to future developments in the world of finance.

Core DAO Initial Contributor Rich Rines joins Jill Malandrino on Nasdaq #TradeTalks from #Mainnet2023 discuss bitcoin's evolution post the ETF ruling and its impact on the #bitcoin sustainability and mining landscape.

https://twitter.com/TradeTalks/status/1704863273550488057?t=ZYsJoweBA2fAd4x_hysCBw&s=19

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Ade Kelana Restha
Ade Kelana Restha

Written by Ade Kelana Restha

🇮🇩In the Lord Jesus Christ ❤️🕊️ | Grace, Love, Salvation 🌟 | Following the Path of Truth ✝️

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