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.