100% agreed. Bitcoin will be accepted as payment for SimpleX domains - about to announce the launch date - and for supporter badges with premium file capacity. So it's absolutely possible to build a non-custodial solution on ETH chain where the user pays BTC, we cover gas fees, and users hold the keys - we're doing exactly that now.

But all programmatic solutions Bitcoin ecosystem offers at the moment - we looked at them - unfortunately require trust to the operators which we're not comfortable with. If you see something we don't know about, do share.

SimpleX network itself is built on the assumption that operators are not trusted, yet conversations must remain secure. Not your keys, not your conversation. It's the same self-sovereignty principle that Bitcoin holds as fundamental to its philosophy. So we can't adopt Bitcoin-based solutions that compromise on the main Bitcoin principle of self-sovereignty.

Choosing tech for any criteria other than being fit for purpose is counterproductive :)

Community Credits are still in design phase, we recently built some basic POC and published a whitepaper - there is video about it in the feed.

Community Credits are not tokens or coins, they are a smart contract for prepaid access. This are planned ot be developed on some smart-contract enabled chain, with the current likely candidate being Polkadot, but Ethereum-based L2 chain is also a technical possibility - it depends on availability of cheap zero-knowledge proofs. Our goal is to have under $0.1 cost for 3-4 transactions with zero-knowledge proofs. Bitcoin and Bitcoin-based solutions can't provide it in a non-custodial way.

This is the whitepaper that explains the motivation and the design itself - it has technical, economical and regulatory constraints to satisfy: https://simplex.chat/credits/whitepaper.pdf

Crowdfunding is not for tokens - they are for an economic interest in the company ("the stake") - see the details on Wefunder: https://wefunder.com/simplex.chat

The Regulation Crowdfunding (Reg CF) doesn't allow sharing any terms - valuation, security type, how much is raised or planned to raise, any time limits - outside of the regulated platform, which is Wefunder in our case.

We raise this round under the Regulation Crowdfunding, it's not token or chain - it is a security issuance that provides investors a stake in the company.

What you write is nonsense.

1) we didn't use/plan/issue shitcoins at all, and don't plan to.
2) equity crowdfunding is for the stake in the company, not any token.