Bitcredit Protocol

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Bitcredit Protocol

Bitcredit Protocol

@bitcr_org

Official project account of Bitcredit Protocol. Bitcoin for the Real Economy. Free Software, Free Banking.

Github Katılım Ağustos 2023
39 Takip Edilen553 Takipçiler
Bitcredit Protocol retweetledi
Lugano Plan ₿
Lugano Plan ₿@LuganoPlanB·
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 retweetledi
Hu₿ertus the Austrian
Hu₿ertus the Austrian@HubertusVIE·
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 retweetledi
Bitshala
Bitshala@bitshala_org·
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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Bitcredit Protocol
Bitcredit Protocol@bitcr_org·
Bitcredit Protocol is the only live proposal in Bitcoin that directly aims for stable purchasing power of Bitcoin itself, without fiat pegs or abandoning BTC’s rules. Adoption is early and niche, but it’s real engineering, not talk.
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Bitcredit Protocol
Bitcredit Protocol@bitcr_org·
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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Bitcredit Protocol
Bitcredit Protocol@bitcr_org·
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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Bitcredit Protocol
Bitcredit Protocol@bitcr_org·
/3 of 3 "... 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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Bitcredit Protocol
Bitcredit Protocol@bitcr_org·
/2 of 3 ... with geopolitically neutral, resilient Trade Finance on unstoppable rails. Direct. Peer-to-peer. Overregulated fiat banks may still support big traders but smaller and middle sized ones will fall by the wayside. “If you’re a bank in this environment, ..."
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Bitcredit Protocol
Bitcredit Protocol@bitcr_org·
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 ... /1 of 3
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Bitcredit Protocol
Bitcredit Protocol@bitcr_org·
“This is most obviously the case when the creditor receives a bill of exchange. ” Prices and Production, F.A. Hayek
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Bitcredit Protocol
Bitcredit Protocol@bitcr_org·
“The criterion by which we distinguish these circulating credits from other forms of credit which do not act as substitutes for money is that they give to somebody the means of purchasing goods without at the same time diminishing the money-spending power of somebody else.” 2/3
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Bitcredit Protocol
Bitcredit Protocol@bitcr_org·
“In particular, it is necessary to take account of certain forms of credit not connected with banks which help, as is commonly said, to economize money, or to do the work for which, if they did not exist, money in the narrower sense of the word would be required.” 1/3
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Bitcredit Protocol retweetledi
Hu₿ertus the Austrian
Hu₿ertus the Austrian@HubertusVIE·
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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Adam Back
Adam Back@adam3us·
@giacomozucco Surprising to see Bitcoin faux maximalists, cum immune system gone wrong, attacking Bitcoin with that canonical statists tactic.
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Bitcredit Protocol retweetledi
Giacomo Loathsome Bitcoin Destroyer Zucco
"What about the children" is the number one rhetoric trick to rile up midwits and NPC against property rights. The number one weapon for dishonest statists, collectivists, tyrants and socialists. The number one attack surface against freedom tools. Wake up, useful idiots.
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Bitcredit Protocol
Bitcredit Protocol@bitcr_org·
Did you know? A „clowder“ is a pack, pride, group, herd, gaggle, school, or murder of wildcats. It’s also a key element of Bitcredit Protocol.
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Bitcredit Protocol
Bitcredit Protocol@bitcr_org·
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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Bitcredit Protocol
Bitcredit Protocol@bitcr_org·
Bitcredit Protocol concluded a successful two day conference appearance in Cape Town. We onboarded 35 commodity traders, import/export companies, and real goods producers to Bitcoin.
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Bitcredit Protocol
Bitcredit Protocol@bitcr_org·
Bitcredit Protocol orange-pilled 25 companies in Cape Town, South Africa today.
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