<oembed><type>rich</type><version>1.0</version><title>Bitcredit Protocol wrote</title><author_name>Bitcredit Protocol (npub1ea…gcd93)</author_name><author_url>https://nostr.now/npub1eajvs8x67vmzsnwaf9ltfgt59e6acmeztx9shduewvfgwftx8ahsagcd93</author_url><provider_name>njump</provider_name><provider_url>https://nostr.now</provider_url><html>Bitcredit Protocol FAQ: &#xA;Why are Bitcredit mints (&#34;Wildcats&#34;) limited to minting only real commercial bills of exchange? &#xA;&#xA;Answer in 10 steps: &#xA;&#xA;a) Creation.&#xA;1. The goods sold by one business to another represent a real saving. &#xA;2. These goods serve for production, not consumption.&#xA;3. The bill of exchange represents their value in trade.&#xA;4. Currency minted from such a bill is backed by this value. &#xA;&#xA;b). Circulation&#xA;5. Companies can pay workers and suppliers with such currency.&#xA;6. People and businesses then buy goods with currency.&#xA;7. Currency ultimately pays for the issued bills of exchange.&#xA;&#xA;c. Redemption.&#xA;8. When the bill is redeemed in Bitcoin, both the bill and its minted currency are extinguished.  &#xA;9. Bitcoin passes to another hand, but the quantity of Bitcoin stays the same. &#xA;10. The quantity of Bitcoin remains fixed at 21 million.&#xA;&#xA;==&gt; No inflation.</html></oembed>