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The Peter McCormack Show

A Bitcoin Reality Check with Sergej Kotliar - WBD637

The Peter McCormack Show

Peter McCormack

Power, Politics, Government, Markets, News, Society & Culture, Technology, Society, Inflation, Finance, Bitcoin, Economics, Money

4.72.8K Ratings

🗓️ 27 March 2023

⏱️ 84 minutes

🧾️ Download transcript

Summary

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.

- - - -

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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Transcript

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0:00.0

Do we want everybody in the world to be orange-pilled and to share in all of the shared values of the

0:14.2

Bitcoin community and do we think that's a realistic goal or do we want as many

0:18.3

people as possible to use Bitcoin as a thing even though they might not share

0:21.8

in the values and just don't give a fight.

0:24.0

Hello there, how are you all? Did you all have a good weekend? I hope you did.

0:28.0

I had a great weekend. So quick update on Rail Bedford. We won again on the weekend and we've got a massive week ahead.

0:35.0

We have the cup final on Wednesday here in Bedford. Hopefully we'll win that.

0:38.0

Hopefully I'll see some of you there. On Saturday we play away to Chenix and if we win that we've all but won the

0:43.3

league so it's a massive week ahead we've also got our live events coming up on

0:47.4

the 14th on Friday the 14th of April we've got Jeff Booth Benark

0:52.2

James lavish, and Lawrence

0:53.8

Lappard all coming to Bedford for a what Bitcoin did live. You can get tickets for

0:56.9

that at what Bitcoin did.com clicking on w bd live and on the Saturday we have

1:01.4

our final home game of the season.

1:03.0

I know a bunch of you are coming to that.

1:05.0

So looking forward to all that.

1:06.0

Anyway, welcome to the What Bitcoin did podcast,

1:08.0

which is brought to you by Gemini,

1:10.0

the only place I'm using for buying Bitcoin.

1:11.0

I'm your host, Peter McCorm McCormack and today I've got

1:14.0

Serge Scott Lier on the show. Now I first interviewed Serge about four years ago it was

1:18.8

April 2019 which feels like an absolute lifetime ago.

...

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