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Hu₿ertus the Austrian profile picture
Hu₿ertus the Austrian
@hubertusVIE

Bitcredit Protocol:
No more on/off ramps
Bitcoin for the real economy
www.bit.cr

npub1924xzcxh5hal80afljr7sl7qsr6572y95e3qw0ejdstatsx7ma7sqj4f6rnpub
www.bit.crwebsite
[email protected]lnurl
Relays (10)
  • wss://eden.nostr.land – read & write
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  • wss://nos.lol – read & write
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  • wss://purplepag.es – read & write
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  • wss://relay.damus.io – read & write
  • wss://nostr.bitcoinplebs.de – read & write
  • wss://nostr.cercatrova.me – read & write
  • wss://relay.getalby.com/v1 – read & write

Recent Notes

Hu₿ertus the Austrian profile picture
Why #Bitcoin will be indispensable?

Because banks have been informally politically captured, not expressly and intentionally, but as a clear side effect of the recent trend to authoritarian money and banking law.

In most countries, banks now "debank" customers on a whim, meaning they simply close accounts without due process or even giving a reason for the affected customer to respond to. This works on an enormous false positive ratio. For businesses, most of which are legitimate, this is extremely disruptive in digital age.

In South Africa, the central bank enjoys even more power, they can seize anybody's fiat money from any bank under their power. This is a sign of things to come everywhere with digital central bank money, #CBDC.

#Bitcoin is mankind's only hope against tyranny and the misery, war, and poverty which comes with it.
https://newsday.co.za/business/18817/well-known-south-african-loses-r4-2-million-after-2-emails-and-one-government-gazette/
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Hu₿ertus the Austrian profile picture
So, you want to understand how Bitcoin can become a true money, a medium of exchange? And what's next?

Bitcredit Protocol has three talks at @BTCPrague this week, the first is on the Main Stage at 17:20 on Thursday. See you there!

Chain Signal · 6w
Bitcoin velocity has slowed since last year's price peak, with avg. transaction age rising to 7.6 days (source: https://chain.signal.nostr.net). Looking forward to the workshop.
Hu₿ertus the Austrian profile picture
Madrid 🇪🇸 is quite odd, when it comes to #Bitcoin.

When one asks in Austria: “Can I pay in Bitcoin?” one gets just a simple “No.” a blank glance.

In Madrid it’s: “Noo” *giggle* Had this four time yesterday.

I think this can change, but we must get some global supply chains on #Bitcoin. Real economy.
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Hu₿ertus the Austrian profile picture
Hu₿ertus the Austrian @hubertusVIE
Thanks, link broken though?

And exactly, agreed, real-world use cases is key, that’s exactly where Bitcredit Protocol is pushing into the fiat territory now: international trade.

That’s why the remaining mission-oriented Bitcoiners need to understand that the current mainstream narrative around ETFs and passive Treasuries is NOT what Bitcoin can be.

It’s hard work but I am quite confident that we can get there.
Hu₿ertus the Austrian profile picture
Visit www.bitcr.org and you find will a very different Bitcoin world:

Bitcoin is infrastructure, not asset speculation:

Today most hear “Bitcoin” and think:
- volatility,
- treasuries,
- speculation,
- collateral lending,
- mining,
- ETFs.

Instead, in Bitcredit thinking, Bitcoin is the neutral settlement layer and finality anchor for international trade. The credit is created by real supply chains moving goods, not by abusing Bitcoin abusing as collateral and hoping for appreciation.

Bitcoin will appreciate BECAUSE and WHEN used in international trade.

It will be the world's geopolitically neutral money.

Bitcredit Protocol @Bitcredit Protocol · 7w
Replying to @fiatjaf
Allow us some shame-less self-shilling: The Bitcredit Project has been working hard for three years to realise the real goal. It's getting closer. Expect a cautious soft launch with small sats later in May, while the new mint network is hardening. Schiff and Stolfi will soon r Show more
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