Please read carefully!
The Bitcredit Protocol is often confused with companies that offer Bitcoin-collateralised fiat loans.
They could not be more different.
Bitcoin-Collateralised Loans
These are fiat loans issued by state-regulated lenders.
Nothing about them escapes the fiat system.
- You hand over your Bitcoin as collateral, but the loan you receive is still fiat.
- The loans primarily serve wealthy Bitcoiners’ consumption, not production.
- High interest rates slowly eat away at your Bitcoin.
- If markets turn, your Bitcoin can be taken from you.
- In reality, it’s no longer truly your Bitcoin.
- You remain fully inside the foul fiat framework.
Nothing changes.
Bitcredit Protocol
Bitcredit is not a company. It is a software protocol for real economic credit—without banks, without lenders, without fiat.
- Credit is simply deferred payment between free companies, not issued by a provider.
- Businesses gain a powerful new liquidity mechanism, fully inside the Bitcoin economy.
- Every credit is backed by real goods (real proof-of-work) and secured by the payer’s actual wealth under global bill of exchange law.
- Credit is denominated and redeemable in Bitcoin. No more fiat, ever.
- Credit is used 100% for production, no exceptions, which means the Bitcoin economy grows faster than fiat economies.
- Discount rates are set by the free market, not a centralised lender.
- Financing becomes the lowest-cost option available.
- The system is either self-custodial (counterparty risk) or non-custodial (issuer risk), NEVER custodial.
- These mechanics stabilise Bitcoin and push volatility below fiat levels.
Everything changes.