Part 2/9:
One of the significant takeaways from the conversation is the emotional responses triggered by the statistics from cryptocurrency payments. Kotar observes that users tend to gravitate towards facts that resonate with their sentiments—whether positive or negative. When statistics are released, individuals may highlight elements that reinforce their existing biases, creating a spectrum of perceptions based on the underlying data.
Kotar emphasizes that while the facts remain constant, people's interpretations can vary widely based on the prevailing price movements of cryptocurrencies, particularly Bitcoin. The cyclical nature of emotions in this realm, from optimism in bull markets to pessimism in bear phases, impacts community engagement and overall sentiment towards the industry.