In this episode, Tanya sits down with Igor Korsakov, the CTO at BlueWallet, to dive deep into the world of Bitcoin and its transformative journey over the past decade. With Bitcoin hitting one all-time high after another, Igor reflects on how Bitcoin's explosive growth is reshaping the crypto landscape. Together, they explore the evolution of the Bitcoin community, from early technical debates to the rise of sidechains and Layer 2 solutions, and how these innovations are paving the way for the next phase of Bitcoin’s development.
Igor shares his personal story of being in the crypto space since 2014, when he started as a freelance coder integrating Bitcoin into payment systems. Over the years, he has witnessed firsthand the changes in the community, the growth of altcoins, and the rise of programmable money with the advent of Ethereum and NFTs. He also provides his unfiltered views on why Bitcoin remains the gold standard for digital money and how, despite the rise of competing technologies, it will continue to hold its place as the hardest form of money.
Tanya and Igor also discuss the impact of the Lightning Network and how it has evolved to become a key infrastructure layer in the Bitcoin ecosystem, making Bitcoin payments faster and more scalable. They also dive into the challenges of building on Bitcoin, the potential for its use cases beyond simple transactions, and the future of Bitcoin in the ever-changing world of blockchain technology.
💡 You’ll learn:
- Why Igor believes in Bitcoin as the ultimate form of money, and why other cryptocurrencies like Ethereum and its use cases may fall short in the long term
- The evolution of the Bitcoin community, from early forks to programmable coins, and how Bitcoin’s ideals are still driving innovation
- What Igor thinks about building on Bitcoin and why side chains and Layer 2 solutions are key to unlocking Bitcoin’s future use cases
- Why NFTs initially failed on Bitcoin and what’s changing now with Bitcoin Ordinals
- How the Lightning Network has gained mainstream adoption and its role as a business layer in the crypto ecosystem
- What sets Bitcoin apart from other blockchains and how it maintains its dominance as a store of value
- The role of proof of work in Bitcoin’s future and why staking won’t be implemented on Bitcoin’s base layer
- Igor's thoughts on Bitcoin’s price cycles and the potential for Bitcoin to reach $1 million in the future
🔥 “Bitcoin is less an invention and more a discovery — we have to stick to it because it’s the hardest money there is.” — Igor Korsakov
Whether you're a Bitcoin maximalist, exploring Layer 2s, or interested in understanding Bitcoin’s future in a decentralized world, this episode is packed with deep insights and expert advice to help you navigate the evolving landscape of Bitcoin.
📺 Watch now on YouTube.
📩 Follow us and subscribe for more episodes from HODLFM!
🎧 Available on Spotify, Apple Podcasts.
Tanya Petrusenko
Disclaimer: All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website, HODL FM is not a financial reference resource, and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice. HODL FM strongly recommends contacting a qualified industry professional.
