I love your Charts! Would be amazing to see one with Bitcoin as the BaseUnit!

Thanks for the Zaps! ⚡️ 🙏 Made me smile 😀

Here is my main source:

https://youtu.be/trI5nxp_ScM?si=Y-oKihTVkOaPT8h6

#WasBitcoinBringt

if you don’t understand german, i hope the automatic subtitles work for you.

I understood bitcredit as a real credit on top of L1 Bitcoin to meet real needs of real goods economy. hopefully the video is helpful to you.

Gut gemacht, Danke!🙏

I‘m trying to learn what is… I might be wrong. I understood that it is a Layer 2 solution to ad flexibility of money on a Bitcoin-Standard (Important: its flexible credit money yes, but NOT inflationary). According to the german podcast #WasBitcoinBringt they use ecash tokens for that.

I jnderstood, that Bitcredit is an open-source project aimed at promoting the adoption of Bitcoin in the real economy. It provides a decentralized solution for peer-to-peer Bitcoin credit by utilizing electronic #promissoryNotes issued by businesses for goods sold and services rendered. These notes are converted into Bitcoin credit tokens by so-called “Mints,” which can be redeemed 1:1 in Bitcoin. This system enables businesses to improve their liquidity without relying on traditional banks and helps reduce Bitcoin’s volatility by aligning the money supply with demand.

Kind of freebanking but on a Bitcoin-Standard.

Interessante Folge, aber für mich etwas schwer zu folgen😅

www.bit.cr half mir etwas weiter, auf Deutsch wäre natürlich noch besser

Good Questions!

Maybe this is helpful to you:

https://www.bit.cr/news/faq

😆

https://en.wikipedia.org/wiki/Free_Speech_Flag

Free Speech Flag