2 years ago

SHOW NOTES:
https://www.whatbitcoindid.com/podcast/a-bitcoin-reality-check

Sergej Kotliar is the founder and CEO of Bitrefill. In this interview, we discuss enabling Bitcoin circular economies, the mission of Bitrefill to be a financial empowerment company, the risks and rewards of using zero-confs for processing transactions, and the many different cultures and communities Bitcoin has spawned.

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Iris Energy - https://irisenergy.co/
Wasabi - https://www.wasabiwallet.io/
Ledn - https://www.ledn.io/
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Fortris - https://fortris.com/

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TIMESTAMPS:
00:00:00 Introduction
00:04:04 Bitrefill & Bitcoin circular economies
00:12:22 Zero-conf & RBF
00:27:31 Conflicting ideologies about Bitcoin
00:44:00 Bitcoin users vs “community”
00:54:12 Putin, the current thing & whataboutism
01:01:51 Bitcoin cultures & growing Bitcoin use

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#Bitcoin #Finance #Economics

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“Do we want everybody in the world to be orange-pilled, and to share in all of the shared values of the Bitcoin community? And do we think that’s a realistic goal? Or do we want as many people as possible to use Bitcoin as a thing, even though they might not share in the values and just don’t give a fuck?”
— Sergej Kotliar

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Bitrefill is the largest crypto e-commerce platform in the world. It aims to facilitate the development of crypto circular economies. Whilst Bitcoin makes up a significant portion of their business, they are not a Bitcoin-only company. The mission is aimed at empowering people to undertake transactions on the internet that would otherwise not be possible for them. To that end, they pragmatically enable the use of Bitcoin, stablecoins, and a limited number of altcoins.

The argument in favour of their strategy is compelling. Not everyone will respond to ideological arguments in favour of Bitcoin. Whilst there are many who will get drawn in by Bitcoin’s compelling theoretical roots, there are many others who are more concerned with prosaic day-to-day concerns. To maximise efforts to increase adoption we, therefore, need to appeal to a range of visions for Bitcoin. One important vision is focused on Bitcoin’s dry technical utilities.

In our discussion, Sergej refers to the increase in the use of the internet and other technologies such as VPN. The widespread growth in the use of such technologies occurs as a result of a practical benefit being provided to users, not because adopters are seeking to mitigate a certain political or ethical concern. That’s not to say that selling Bitcoin as freedom money isn’t critical. Rather, we need to augment it with other strategies.

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