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Bitrefill CEO Sergej Kotliar shares his two cents on Bitcoin adoption

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Bitrefill CEO Sergej Kotliar shares his two cents on Bitcoin adoption

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

Sergej Kotliar, the CEO of crypto services platform Bitrefill, recently appeared in 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 through the patterns and data he witnessed among his users and customers.

Speaking on 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 differentiate these groups is how they see BTC and interact with it. The average user looks at it as a means of payment on occasions where traditional payment channels are not available.

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

Kotliar stated that: 

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

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

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

Towards the end of the podcast, the host McCormack suggested that Bitcoin adoption is much faster than the pace at which users are adapting to the ideology followed by community members. Kotliar responded by stating that it may not be worthwhile to change the ideology of Bitcoin users.

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Saman Waris works as a News Editor at AMBCrypto. She has always been fascinated by how the tides of finance and technology shape communities across demographics. Cryptocurrencies are of particular interest to Saman, with much of her writing centered around understanding how ideas like Momentum and Greater Fool theories apply to altcoins, specifically, memecoins. A graduate in history, Saman worked the sports beat before diving into crypto. Prior to joining AMBCrypto 2 years ago, Saman was a News Editor at Sportskeeda. This was preceded by her stint as Editor-in-Chief at EssentiallySports.
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