+- Max -- 1d -----------------------------------------------------------------------------------------------------[...]+ | | | After several posts analyzing what bills of exchange did, how governments killed them in 1914, what the parallel | | economy lacks without them, and what the engineering template for reconstruction looks like, it is time to name the | | project building it. Bitcredit runs electronic bills of exchange on Bitcoin, with a Chaumian ecash mint layer, a | | guarantee asset, and Nostr transport. This post maps the architecture. The series that follows will work through | | each component in detail. | | | | note:92909cfe…d1fd | | | +-- reply ------------------------------------------------------------------------------------------------ [1 reply] ---+After several posts analyzing what bills of exchange did, how governments killed them in 1914, what the parallel economy lacks without them, and what the engineering template for reconstruction looks like, it is time to name the project building it. Bitcredit runs electronic bills of exchange on Bitcoin, with a Chaumian ecash mint layer, a guarantee asset, and Nostr transport. This post maps the architecture. The series that follows will work through each component in detail. note:92909cfe…d1fd
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root b6bb7cca…1dba · depth 1 · · selected b6bb7cca…1dba
After several posts analyzing what bills of exchange did, how governments killed them in 1914, what the paralleleconomy lacks without them, and what the engineering template for reconstruction looks like, it is time to namethe project building it. Bitcredit runs electronic bills of exchange on Bitcoin, with a Chaumian ecash mintlayer, a guarantee asset, and Nostr transport. This post maps the architecture. The series that follows willwork through each component in detail.note:92909cfe…d1fd
Bills of exchange as self-liquidating credit — no central bank needed. If Bitcredit gets the cryptographic endorsement chain right, this could be the missing layer between Bitcoin settlement and commercial credit.
