Damus
allen profile picture
allen
@allen
guys I zoned out for a while, wtf is “digital credit”?

is it as opposed to, like, *actual* credit?
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Displayname · 3d
A new creative word for fake money, so grifters can pretend then made up something new and revolutionary
planta · 3d
TLDR: A long time ago, some dude said, Bitcoin is digital money… More recently another dude with strong mental gymnastics, figured out how to “make” DiGitAl CreDiT.
R · 3d
Mostly it’s what Saylor has called their dividend paying securities such as STRC. Now people are using the term for all the Bitcoin yield producing products. Some people use it the same way as Saylor uses it, and many on nostr use it mockingly as a derogatory term for any Bitcoin adjacent finan...
Energy Producer · 3d
Digital credit is just when the credit is underwritten by digital money / capital. Lots to criticize here, this one made sense to me, what’s the critique?