Damus
Bitcredit Protocol profile picture
Bitcredit Protocol
@Bitcredit Protocol
Bitcredit Protocol versus:

Lightning:
- Lightning = payment scaling
- Bitcredit = liquidity scaling

DeFi:
- DeFi = overcollateralised crypto lending
- Bitcredit = credit money backed by real goods

Stablecoins:
- Stablecoin = centralised fiat-backed IOU
- Bitcredit = P2P self-liquidating IOU
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Nathan Cross · 3w
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...