Bitcredit Protocol

Any Bitcoiners in South Africa who are involved in Import / Export? Brothers, please RT for reach.

Bitcredit Protocol FAQ: Why are Bitcredit mints ("Wildcats") limited to minting only real commercial bills of exchange? Answer in 10 steps: a) Creation. 1. The goods sold by one business to another represent a real saving. 2. These goods serve for production, not consumption. 3. The bill of exchange represents their value in trade. 4. Currency minted from such a bill is backed by this value. b). Circulation 5. Companies can pay workers and suppliers with such currency. 6. People and businesses then buy goods with currency. 7. Currency ultimately pays for the issued bills of exchange. c. Redemption. 8. When the bill is redeemed in Bitcoin, both the bill and its minted currency are extinguished. 9. Bitcoin passes to another hand, but the quantity of Bitcoin stays the same. 10. The quantity of Bitcoin remains fixed at 21 million. ==> No inflation.

Week 5/2026 progress update: 1. Offline intermint exchange fixed, offline payments work, and wallet remains usable even when mints or internet are unavailable (some limitations) 2. Bitcredit Wallet reached MVP status: create & restore wallets, QR payments, invoices, redemption, on-chain minting and melting demonstrated 3. End-to-end system integrated: eBills, Wildcat, Clowder, eCash Wallet operating together 4. Dashboard and e-bill UX improvements, including bill structure, stati, and admin 5. Clowder prototype deployments hardened, can be run and tested locally

Have you tried the latest Bitcredit Protocol reference client Beta yet?

Bitcredit

Bitcoin Credit Money Supply for the Real Economy

Get yourself some Testnet3 sats from a faucet and play with it.

Bitcredit Protocol 101 ================== Bitcoin today is like digital gold. Its fixed supply is suitable for savings, but not (yet) for everyday money… 1. because its exchange value swings wildly 2. because Bitcoin demand changes rapidly while supply does not. Bitcredit Solution ============== Bitcredit lets real businesses create temporary "Bitcoin credits" backed by real goods they produce. People can spend credits like Satoshis, right away. Credits redeem at maturity in actual Bitcoin on mainchain. Functionally for payments, for earning and spending, these credits are as good as (digital) gold, as Bitcoin. Even better in some ways: faster than Lightning, offers pretty good privacy, and costs zero transaction fees. Stability for Bitcoin =============== As more trade and production happens this way, the effective money supply auto-adjusts to match the quantity of money needed. This dampens volatility, a growing credit superstructure makes Bitcoin's exchange value, its purchasing power, more and more stable. The Bitcoin Difference ================== Physical gold and pre-fiat banknotes worked historically in this natural, free market fashion… … before central banks took over and captured gold politically for national strategic gold reserves. The bad ending for gold is history. Non-custodial Bitcoin can maybe avoid this fate.

Millions of small farmers in developing countries are not poor because they lack skill or demand. They are poor because the fiat system blocks them from turning their produce into liquidity, locking up their capital. #Bitcoin can fix this with Bitcredit Protocol.

Week 4/2026 Update: 🥳 Hooray! 🥳 Bitcredit core team has finished raw MVP versions of all three elements needed for the Bitcredit Protocol stack: – eBills – Wildcat Mint (and dashboard) – Minibill Wallet Further progress: - Validated main protocol flows – Successfully tested online and offline Wildcat intermint exchange on Bitcoin Testnet3 – Wallet now supports create/restore, payment requests, QR payments, and redemption – Improved Wildcat dashboard consistency: e-bill details and auto-update behaviour

🥳 Hooray! 🥳 – Bitcredit core team has finished raw versions of the Bitcredit Protocol MVP stack: eBills, Wildcat Mint, Minibill Wallet. Further progress: - Validated core protocol flows – Successfully tested online and offline Wildcat intermint exchange on Bitcoin Testnet3 – Wallet now supports create/restore, payment requests, QR payments, and redemption – Improved Wildcat dashboard consistency: e-bill details and auto-update behaviour

Bitcredit Project Week 3 Update: – Successfully demonstrated Bitcoin credit minting and melting onchain on Bitcoin Testnet3 – First multi-mint Wildcat Clowder is up, enabling fully decentralised operation – Wildcat dashboard flows are nearly complete, unlocking full end-to-end demos

We cannot sustainably earn #Bitcoin and spend #Bitcoin while the real economy stays on foul fiat currency. But how? Orange pilling merchants to accept Bitcoin is one. Hard. But the regional Bitcoin Economies pushed by fired-up enthusiasts show that it can be done. Follow @Federation of Bitcoin Circular Economies to see the progress. Now we also must orange pill 💊 the global supply chains. Make Bitcoin economies truly circular, bring them into international trade. That's even harder. But at Bitcredit Protocol we believe it can be done. Why? Because it must be done. If you like near impossible tasks, join us. We will celebrate every single win.