A non-custodial method for Chaumian eCash gave us #Bitcoin, the best base money.
Now it needs another non-custodial method for Chaumian eCash for "double" scalability:
– Technical: L1 => LN (L2) => L3/L4
– Monetary: M0 => M1
#Bitcredit: Near-infinite TPS, low latency, and privacy!
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Highly stylised but abundantly clear:
Anything between "Mining" (primary industry: farming, fishing, forestry, ...) and "Retailing" CANNOT function without credit money M1.
Elasticity!
This is what really blocks #Bitcoin.
Bitcredit project
@bitcr_org
is working to fix this.