“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. The criterion by which we may 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. This is most obviously the case when the creditor receives a bill of exchange.” Prices and Production F.A. Hayek

Thank you, much appreciated.

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. Trade Finance on #Bitcoin fixes this!

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.

Bitcoin credit mints (wildcats) are nodes. What a relief. 😅

Bitcredit Protocol orange-pilled 25 companies in Cape Town, South Africa today.

Week 10 @ Bitcredit • eBill v0.5.3 released with Wildcat compatibility fixes • New eBill API simplifies front-end logic and bill state • First true offline bill issuance implemented • Mint commitment scheme for non-custodial e-cash • Wallet upgrades: NFC + biometrics live

Political self-sovereignty is one of the key design considerations for Bitcredit Protocol, #Bitcoin's upcoming currency layer. Bitcoin will be a true stablecoin, if we manage to keep governments and politicians strictly out of it. Why? A stable currency needs a pristine base money which governments cannot capture and spoil. That's Bitcoin. It also needs an institutional layer issuing redeemable currency, equally incorruptible by politicians. The best policies and practices will arise in free competition amongst issuers. We must end governments messing with money production.

Par-time or full-time position available for App UX/UI Designer. Europe based Candidates preferred. https://bitcoinerjobs.com/job/2198694-uxui-designer-europe-based-bitcredit-protocol

Week 9/26 progress @ Bitcredit Protocol • eBill v0.5.11 alpha Wallet v0.8.1 alpha released (Testnet) • Nostr Relay logs + auto-reconnect • Company statechain validation formalized • CDK removal underway → independent version • Betas now detect malicious alpha behaviour • Biometrics active in wallet • Automated Android + iOS build workflows completed