Bitcoin Mining Death Spiral, AGI, and the End of Central Banking w/ Rich Rines
Bitcoin Mining Death Spiral, AGI, and the End of Central Banking w/ Rich Rines  
Podcast: The "What is Money?" Show
Published On: Fri Aug 22 2025
Description: // GUEST //X: https://x.com/richrines // SPONSORS //iCoin: https://icointechnology.com/breedloveCowbolt: https://cowbolt.com/Heart and Soil Supplements (use discount code BREEDLOVE): https://heartandsoil.co/Blockware Solutions: https://mining.blockwaresolutions.com/breedloveIn Wolf's Clothing: https://wolfnyc.com/Onramp: https://onrampbitcoin.com/?grsf=breedloveMindlab Pro: https://www.mindlabpro.com/breedloveCoinbits: https://coinbits.app/breedloveThe Farm at Okefenokee: https://okefarm.com/Orange Pill App: https://www.orangepillapp.com/ // PRODUCTS I ENDORSE //Protect your mobile phone from SIM swap attacks: https://www.efani.com/breedloveLineage Provisions (use discount code BREEDLOVE): https://lineageprovisions.com/?ref=breedlove_22Colorado Craft Beef (use discount code BREEDLOVE): https://coloradocraftbeef.com/Salt of the Earth Electrolytes: http://drinksote.com/breedloveJawzrsize (code RobertBreedlove for 20% off): https://jawzrsize.com // UNLOCK THE WISDOM OF THE WORLD’S BEST NON-FICTION BOOKS //https://course.breedlove.io/ // SUBSCRIBE TO THE CLIPS CHANNEL //https://www.youtube.com/@robertbreedloveclips2996/videos // TIMESTAMPS //0:00 - WiM Episode Trailer1:13 - Bitcoin vs Sh*tcoin (Decentralization)5:30 - Is Mining Concentration a Concern?17:15 - iCoin Bitcoin Wallet18:44 - Cowbolt: Settle in Bitcoin19:59 - Bitcoin and Turing Completeness25:40 - Ethereum’s Product Market Fit34:14 - Heart and Soil Supplements35:14 - Mine Bitcoin with Blockware Solutions36:16 - Tether and the Lightning Network49:54 - The Future of Central Banking on a Bitcoin Standard55:17 - Helping Lightning Startups with In Wolf’s Clothing56:09 - Onramp Bitcoin Custody58:06 - The Future of Banking on a Bitcoin Standard1:03:21 - Will Government Become Irrelevant?1:07:22 - Working at Coinbase1:21:42 - Mind Lab Pro Supplements1:22:53 - Buy Bitcoin with Coinbits1:24:21 - Money, Language, and Religion1:33:24 - Coinbase and the Ethics of Sh*tcoins1:39:15 - Are Cryptos Just Unregistered Securities?1:43:50 - Is Bitcoin the Separation of Money and State?1:47:55 - Will AI Shrink Government?1:53:12 - Will AI and Bitcoin Bring UBI?2:01:02 - The Farm at Okefenokee2:02:12 - Orange Pill App2:02:40 - How Far Off is AGI?2:10:53 - Closed vs Open Source AI2:12:08 - Will Everyone Become a Software Engineer?2:19:53 - Closing Thoughts and Where to Find Rich Rines // PODCAST //Podcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsERSS Feed: https://feeds.simplecast.com/MLdpYXYI // SUPPORT THIS CHANNEL //Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2 // SOCIAL //Breedlove X: https://x.com/Breedlove22WiM? X: https://x.com/WhatisMoneyShowLinkedin: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22Substack: https://breedlove22.substack.com/All My Current Work: https://linktr.ee/robertbreedlove