Bitrefill CEO Sergej Kotliar shares his two cents on Bitcoin adoption

Bitrefill CEO Sergej Kotliar shares his two cents on Bitcoin adoption

  • Bitrefill CEO Sergej Kotliar appeared in a podcast hosted by Peter McCormack.
  • Kotliar shared his views on the adoption of Bitcoin and the conflict ideologies surrounding the flagship cryptocurrency.

Sergej Kotliar, CEO of crypto service platform Bitrefill, recently appeared on a podcast hosted by Peter McCormack. During the “What Bitcoin Did” podcast, Kotliar reflected on the progress of Bitcoin and shared his opinion on the cryptocurrency’s adoption.

The conflicting ideologies surrounding Bitcoin

Sergej Kotliar, the man behind what is arguably the largest Bitcoin-related e-commerce platform, derives his views from the patterns and data he saw among his users and customers.

Speaking about the conflicting ideologies surrounding Bitcoin, Kotliar stated that there are two opposing sides in this field. They are essentially the average users of Bitcoin and the core community members who have been associated with BTC for a long time.

In his opinion, one of the factors that separates these groups is how they view BTC and interact with it. The average user sees it as a means of payment in occasions where traditional payment channels are not available.

However, the community members tend to be Bitcoin maximalists who see it as a tool to bring economic equality, essentially looking at the bigger picture.

Kotliar stated that:

“It comes down to a clash of visions. There is a clear clash of visions where there are two visions of Bitcoin. There is the vision of sound money, and then there is the vision of money on the internet or the freedom money. There are situations where they are in conflict.”

These ideologies then translate into what the host called Bitcoin users vs the community. According to Sergej Kotliar, these groups tend to overlap sometimes.

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He believes that BTC is both a tool and a movement. For example, someone who listens to Bitcoin podcasts is likely to identify as a member of the community. This is because they make an effort to consume Bitcoin content and learn about it. But in some cases, people may just transact using BTC as it is convenient and they are not necessarily bothered by the adoption or regulation.

Towards the end of the podcast, host McCormack suggested that Bitcoin adoption is much faster than the pace at which users adapt to the ideology followed by community members. Kotliar responded by saying that it might not be worth changing the ideology of Bitcoin users.

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