1/ A trade-finance credit layer is being built for BTC. It can do better than fractional reserve banking. Checkout BitCredit @bitcr_org
New episode! Jerry Dwyer on the History of Free Banking and the Future of Bitcoin
Jerry (@gpdwyer) and @DavidBeckworth discuss what the future of Bitcoin holds.
5/ and... "Could you see some kind of technology/ platform/ financial innovation that allows the ability for bitcoin to be used as money, some kind of demand buffer thats provided by these services on top of the monetary base?"
6/ Aside from that, I enjoyed the podcast! Thanks @gpdwyer & keep up the good work @Macro_Musings
Saylor's “infinite money glitch” worked when NGU did the heavy lifting. That window is narrowing for BTC treasuries. If price momentum slows, what funds the next stage—more leverage? Instead, consider short-term BTC yield from real BTC-denominated trade 🧵
Risks exist: credit defaults, malicious mints. Guardrails too: guarantee chains for each bill, verifiable balance sheets, and intermint cooperation.
Bitcoin delivers final settlement. BUT the real economy runs on pay-later invoices (30/60/90 days), not instant cash. If BTC is to power day-to-day trade, we need a credibly neutral credit layer—can we do it without politically controlled banks?
Wait, what? most trade is not paid for upfront?
WTO: 80–90% of world trade relies on trade finance (credit/guarantees): wto.org/english/thewto_e/coh…
Everyone’s racing to make Bitcoin programmable. One team is focused on making Bitcoin better MONEY. That’s why BitCredit grabbed me at BTC++ Istanbul. Thread 🧵
8/ Useful links:
• Home: bit.cr/
• Code: github.com/BitcreditProtocol
• Podcast with @CodyEllingham: youtu.be/yG4Lmv_uScM?si=LMaj…

