Bitcredit Protocol is unique in bridging Bitcoin's unyielding hardness (fixed 21M supply) with real-world elastic credit money, without ever touching fiat ramps, banks, or custodians.
It is built as a valid stand-alone alternative to the fiat money system, actually aspires to replace it, end it.
Businesses issue electronic bills of exchange backed by actual good produced evidenced by verified invoices for delivered value, wildcat mints validate & split them into private, instant, fungible bitcredit currencyfor P2P payments.
Everything self-liquidates at maturity, redeems 1:1 in sats on Bitcoin mainchain.
No new base money is created, no inflation is possible. Only temporary, production-tied expansion that contracts naturally with the flow of trade.
This revives time-proven private bills of exchange on Bitcoin’s unstoppable monetary rails, making Bitcoin usable as everyday money for trade, import/export, and working capital, initially in high-inflation, underbanked or bankless zones.
Unlike collateralised loans (fiat traps) or stablecoins (fiat shadows), Bitcredit Protocol enables competitive Wildcat mints to create genuine Bitcoin-denominated M1 currency.
It lives inside the robust Bitcoin economy: market-set competitive minting fees, non-custodial. Austrian-inspired free-banking discipline, and Nostr-powered censorship resistance.
Bitcoin volatility dampens as real production scales a breathing credit superstructure, purchasing power stabilizes then gently rises with productivity growth.
It is not another DeFi wrapper, no shitcoin but the missing layer for Bitcoin to function as sound, sovereign money for the real economy.
It proudly follows the Bitcoin Ethos:
Free markets, free software, permissionless, private, and open source.
#Bitcoin #FreeMinting #Bitcredit
Week 6 2026 Project Update
=====================
• Android APK released with MVP payment flows, QR generation for large payments fixed
• Backend robustness upgrades: atomic accounting, optimized Clowder storage, finished two-phase flow to handle mint failover
• Wildcat dashboard and wallet integrated redemption of credit to debit sats
• Bill of exchange print design finalized in dark mode and light mode
Any Bitcoiners in South Africa who are involved in Import / Export?
Brothers, please RT for reach.
Bitcredit Protocol FAQ:
Why are Bitcredit mints ("Wildcats") limited to minting only real commercial bills of exchange?
Answer in 10 steps:
a) Creation.
1. The goods sold by one business to another represent a real saving.
2. These goods serve for production, not consumption.
3. The bill of exchange represents their value in trade.
4. Currency minted from such a bill is backed by this value.
b). Circulation
5. Companies can pay workers and suppliers with such currency.
6. People and businesses then buy goods with currency.
7. Currency ultimately pays for the issued bills of exchange.
c. Redemption.
8. When the bill is redeemed in Bitcoin, both the bill and its minted currency are extinguished.
9. Bitcoin passes to another hand, but the quantity of Bitcoin stays the same.
10. The quantity of Bitcoin remains fixed at 21 million.
==> No inflation.
Week 5/2026 progress update:
1. Offline intermint exchange fixed, offline payments work, and wallet remains usable even when mints or internet are unavailable (some limitations)
2. Bitcredit Wallet reached MVP status: create & restore wallets, QR payments, invoices, redemption, on-chain minting and melting demonstrated
3. End-to-end system integrated: eBills, Wildcat, Clowder, eCash Wallet operating together
4. Dashboard and e-bill UX improvements, including bill structure, stati, and admin
5. Clowder prototype deployments hardened, can be run and tested locally
Have you tried the latest Bitcredit Protocol reference client Beta yet?
Bitcredit
Bitcoin Credit Money Supply for the Real Economy
Get yourself some Testnet3 sats from a faucet and play with it.
Bitcredit Protocol 101
==================
Bitcoin today is like digital gold.
Its fixed supply is suitable for savings, but not (yet) for everyday money…
1. because its exchange value swings wildly
2. because Bitcoin demand changes rapidly while supply does not.
Bitcredit Solution
==============
Bitcredit lets real businesses create temporary "Bitcoin credits" backed by real goods they produce.
People can spend credits like Satoshis, right away. Credits redeem at maturity in actual Bitcoin on mainchain.
Functionally for payments, for earning and spending, these credits are as good as (digital) gold, as Bitcoin.
Even better in some ways: faster than Lightning, offers pretty good privacy, and costs zero transaction fees.
Stability for Bitcoin
===============
As more trade and production happens this way, the effective money supply auto-adjusts to match the quantity of money needed.
This dampens volatility, a growing credit superstructure makes Bitcoin's exchange value, its purchasing power, more and more stable.
The Bitcoin Difference
==================
Physical gold and pre-fiat banknotes worked historically in this natural, free market fashion…
… before central banks took over and captured gold politically for national strategic gold reserves.
The bad ending for gold is history. Non-custodial Bitcoin can maybe avoid this fate.
Millions of small farmers in developing countries are not poor because they lack skill or demand.
They are poor because the fiat system blocks them from turning their produce into liquidity, locking up their capital.
#Bitcoin can fix this with Bitcredit Protocol.
Week 4/2026 Update:
🥳 Hooray! 🥳
Bitcredit core team has finished raw MVP versions of all three elements needed for the Bitcredit Protocol stack:
– eBills
– Wildcat Mint (and dashboard)
– Minibill Wallet
Further progress:
- Validated main protocol flows
– Successfully tested online and offline Wildcat intermint exchange on Bitcoin Testnet3
– Wallet now supports create/restore, payment requests, QR payments, and redemption
– Improved Wildcat dashboard consistency: e-bill details and auto-update behaviour
🥳 Hooray! 🥳
– Bitcredit core team has finished raw versions of the Bitcredit Protocol MVP stack: eBills, Wildcat Mint, Minibill Wallet.
Further progress:
- Validated core protocol flows
– Successfully tested online and offline Wildcat intermint exchange on Bitcoin Testnet3
– Wallet now supports create/restore, payment requests, QR payments, and redemption
– Improved Wildcat dashboard consistency: e-bill details and auto-update behaviour
Bitcredit Project Week 3 Update:
– Successfully demonstrated Bitcoin credit minting and melting onchain on Bitcoin Testnet3
– First multi-mint Wildcat Clowder is up, enabling fully decentralised operation
– Wildcat dashboard flows are nearly complete, unlocking full end-to-end demos
We cannot sustainably earn #Bitcoin and spend #Bitcoin while the real economy stays on foul fiat currency.
But how?
Orange pilling merchants to accept Bitcoin is one.
Hard.
But the regional Bitcoin Economies pushed by fired-up enthusiasts show that it can be done. Follow
@Federation of Bitcoin Circular Economies to see the progress.
Now we also must orange pill 💊 the global supply chains. Make Bitcoin economies truly circular, bring them into international trade.
That's even harder.
But at Bitcredit Protocol we believe it can be done.
Why?
Because it must be done.
If you like near impossible tasks, join us. We will celebrate every single win.
Bitcredit Protocol is a free, open source community project.
We are Bitcoin maximalists in the original sense and follow Austrian Economics principles.
Anybody was and is welcome to join and contribute.
The 10 Rules of Bitcredit Protocol
(which Wildcat mints must adhere to):
1. Proof-of-work: Only commercial e-bills for goods already produced, invoiced to other businesses, qualify for minting of Bitcoin credits (MoE).
2. Verifiable terms: E-bill maturity must match expected reflux from buyers, and no more than 12 months.
3. Verifiable prices: Invoice prices must be plausible.
4. Bitcoin rails: Payment is in Bitcoin, irrespective of e-bill denomination.
5. Verifiable redemption: Upon maturity, e-bills must be verifiably paid via Bitcoin mainchain or Lightning Network.
6. Non-custodial: Not your keys? Not your coins, nor your credits.
7. Privacy by default: Fungibility of credits through bearer instruments and censorship resistance.
8. Decentralisation: Wildcat mints in the Bitcredit Network compete independently under peer supervision.
9. Game theory: A clowder majority can eliminate rabid wildcats through punishment transactions.
10. Future money: No contractual convertibility before maturity.
Bitcredit Protocol will stabilise Bitcoin.
It will be a real "stable" coin,
not a fiat fake "stablecoin".
Without an issuer,
without a central bank,
without volatility,
without debasement,
without censorship,
without interest.
Just free market mechanism.
Sorry everyone, we having some technical problem with Twitter Spaces.
They keep breaking up.
We will announce a better format for our next call, likely on Jitsi.
Save the date for the upcoming Bitcredit Space. Learn:
— How Bitcoin can finance a real-world steel trade through Bitcredit Protocol.
— How an peer-to-peer e-bill turns into e-cash. Instant liquidity, zero bureaucracy.
– Q&A.
– How to join the community and bring Bitcoin into the real economy.
https://x.com/i/spaces/1dRKZaebDDXxB/peekBitcredit Protocol continues to tighten eBill towards Beta and progressing the eCash stacks towards MVP Alpha.
– Finished email-based verification of electronic signatures for eBill.
– Progressed self-sovereign eBill counterparty contact sharing.
– Advanced the mobile wallet payment flow and transaction list.
– Deployed a Wildcat instance for upcoming dev and Alpha testing.
- PWA decided insufficient for Wallet due to Apple walled garden blocking NFC and biometrics.
– Now preparing native app store setup.
Bitcredit gave a well-received talk yesterday for the "Future Forward" innovation festival at #WeXelerate in Vienna.
Topic:
The unpredictable and opaque traditional banking system and the promise of #Bitcoin.
People think money in a bank account is “theirs”. But it is not. A bank can freeze "your" money at any time, delay transfers, debank you, or block "your" funds, just like that, without giving any reason, let alone a valid one.
#Bitcoin fixes this.
