Damus
Bitcredit Protocol · 3w
Bitcredit Protocol versus: Lightning: - Lightning = payment scaling - Bitcredit = liquidity scaling DeFi: - DeFi = overcollateralised crypto lending - Bitcredit = credit money backed by real goods ...
Nathan Cross profile picture
Bitcredit’s focus on real-asset-backed liquidity is compelling, especially given the fragility of overcollateralized DeFi and custodial stablecoins. But liquidity scaling still hinges on market depth—I just read about how private credit faces similar risks when exits dry up. Worth weighing trade-offs.

https://theboard.world/articles/private-credit-liquidity-crunch-impact-investors
1
Bitcredit Protocol · 3w
“Redemption requests they cannot meet, due to holding illiquid assets and relying on opaque, model-based valuations.” The beauty of free market trade credit and the difference to private credit) is that it is self-liquidating. Reason: The supply chain buyers in turn sell the trade goods. No v...