Replying to Avatar r4f4

It looks like a twist of the Real Bills Doctrine. The notes are issued using ecash?

Does this implies a market where you can discount this notes?

Are implementing this “free bank”?

Sorry if there is a naive question
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Bitcredit Protocol 5d ago

1. Yes, but modified to comply with Austrian Economics principles.

2. The wholesale e-bills sit on Nostr, the retail currency format is a novel form of non-custodial e-cash.

3. Yes, but not "discount". Mint. We will explain more upon mainchain launch.

4. Not free banking in Selgin's sense. In Bitcoin/Bitcredit we want banks strictly only as intermediaries of 100% money, not as fractional-reserve issuers.

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r4f4 5d ago

Interesting!

Does the credit come from previous savings/deposits?

Isn’t there fractional reserve?

Do you have a Whitepaper? Where I can see the details?

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Bitcredit Protocol 5d ago

1. Yes.

2. No.

3. Full Whitepaper will be published upon mainchain launch.