This week Bitcredit joined Global Trade Conference (GTR) Türkiye in Istanbul:
Turkish corporates, exporters, importers, manufacurers, traditional banks, and fintechs gathered to discuss current challenges in domestic and international trade finance due the politically captured fiat currency system, such as de-banking, credit risk-off and compliance bloat.
Our keynote session explored:
- Bitcoin as permissionless, unstoppable, and non-political settlement layer
- Bitcredit as an enabler for direct, peer-to-peer export and trade credit
Turkish banks showed high interest in electronic bills of exchange on Bitcoin rails. This free open source protocol will give rise to a new global form of lightweight 'non-banking", neutral and without a need for central banks and their inflationary fiat currencies.
