Bitcredit Protocol
536 posts

Bitcredit Protocol
@bitcr_org
Official project account of Bitcredit Protocol. Bitcoin for the Real Economy. Free Software, Free Banking.
Github انضم Ağustos 2023
39 يتبع556 المتابعون
Bitcredit Protocol أُعيد تغريده

Stop waiting for legacy finance to catch up with the future. ⏳
We’re thrilled to welcome @HubertusVIE to the Lugano Plan ₿ Forum! As the mind behind Bitcredit, Hubertus is building the P2P credit infrastructure that allows a Bitcoin-standard world to actually operate without the fiat crutch.
📍 Plan ₿ Forum | Oct 23–24

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Bitcredit Protocol أُعيد تغريده

Monetary Game Theory
#Bitcoin solves the game of ‘commitment to scarcity’ (SoV) which is ‘21 million’ units.
It does NOT solve the meta-game of ‘liquidity allocation’ (MoE) which is the ‘real bill’ of exchange.
That’s #Bitcredit.
Want hyperbitcoinisation?
Study @bitcr_org.

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Bitcredit Protocol أُعيد تغريده

No internet? No problem.
Bala just dropped the ultimate cypherpunk demo at the BOSS Summit: From Off-Grid to On-Chain
He literally broadcasted a live Bitcoin transaction using Mesh Radio.
No ISPs, no Wi-Fi, no cellular data.
Just pure radio waves bypassing the traditional internet layer to hit the mempool.
When we say we are building unconfiscatable money for uncertain times, this is exactly what we mean. Mind blown.
Here is the repo used to connect meshtastic to bitcoin core:github.com/BTCtoolshed/Me…


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Next station to hyperbitcoinisation:
Getting world trade to run on Bitcoin.
Hu₿ertus the Austrian@HubertusVIE
Trade runs on credit. The superstition against credit in #Bitcoin stems from the almost complete absence of businessmen in Bitcoin, far too few in Bitcoin know about the production and supply chains of real goods. Yet, it will be always held against Bitcoin if, unlike fiat, it cannot do its work in the real economy which is to be money for the redemption of current trade credit, currency. Bitcredit Protocol @bitcr_org aims to make Bitcoin usable in world trade: - geopolitically neutral - unbureaucratic - efficient, fast, and cheap
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Week 12/26 @Bitcredit
• Unique payment addresses per transaction/stage
• Offline-first live, auto retry + sync
• CDK removal nearing completion
• eCash progress:
Spanish, Multicurrency, PIN + biometrics, deep links
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"... you’re going to focus on those large established traders. The intermediate and smaller traders could be iced out of the market,” says Sumeet Malhotra, Head Commodities and International Trade at Singapore law firm @WFW_LLP.
Read on @GTReview:
gtreview.com/news/global/ho…
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The fiat money system is cracking at its seams. The latest Middle East conflict worsens its so-called "Trade Finance Gap" which already amounted to $2.5T even before the war.
This speeds up the urgent need for a neutral #Bitcoin-based parallel system ...
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The fiat money system's use of new digital technologies is declining.
Bureaucracy, regulation overkill, and central planner toxicity against free private money like #Bitcoin removes the economic incentive for fiat institutions and their large corporate customers alike.
This creates a perfect opening for new entrants.
@bitcr_org
Here a recent survey by CitiBank.
=====
Are you using new digital technologies for Trade such as
Blockchain, DLT, Marketplaces?

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Bitcredit Protocol أُعيد تغريده

Bitcredit Protocol أُعيد تغريده

@giacomozucco Surprising to see Bitcoin faux maximalists, cum immune system gone wrong, attacking Bitcoin with that canonical statists tactic.
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Global trade all over Africa has a big challenge in availability of trade finance for businesses under $5M.
Bureaucracy of financial intermediaries, refi cost for central bank monopoly money and legal fees is just too much for African SMEs.
90% of it is not needed on #Bitcoin.

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