Careful:

The testnet version of Bitcredit eCash can be switched in the app settings. Easy.
The testnet version of Bitcredit eBill needs a different URL, as it's a PWA.

minibill.tech ==> Mainnet
testnet.minibill.tech ==> Testnet3

Actually, it's not simply done by waiting for Godot.

Bitcoin now needs to get the code needed for supply chains to adopt Bitcoin.
The merchants are the last link to the consumer, but consumers cannot earn Bitcoin when the supply chains run on fiat credit.

Too pessimistic.
At Bitcredit Protocol, we have made very good experience with recruiting for specific jobs via BitcoinerJobs. There was also one or more person who had both the required experience for the specific field and, most importantly, the Bitcoiner ethos. Like a needle in a haystack.Also, this situation will improve, as Bitcoin enters in the real economy supply chains.

Sadly, this dynamic is totally as expected.

General normie merchants have no incentive, rather the opposite i.e. economic friction, when accepting Bitcoin. Even if the tech was top notch.

From economic laws, it is predictable this will remain so, worsen actually, until Bitcoin captures a first few supply chains and turns into a useful circular currency.

Good point, thanks. Will change.

Well. a monetary system simply does not work without the right kind of paper.
Neither do they work with the wrong type of paper.

Not the right place for a lack of nuance.
In any case, it does not ask for permission.

"Self-liquidating" essentially means that fiat banks are not needed, central bank monopoly forces them in.

In Bitcoin, finality now comes from the goods being sold by the merchant. Economic reality.

Best try it out, it's FOSS. The 'finished' parts (Alpha versions) are already open repository on GitHub.

Retail money (for everyone, instant, private, cheap):
– Apple https://testflight.apple.com/join/EjhdhNFh
– Android https://play.google.com/apps/testing/org.bitcr.wallet

Wholesale money (for businesses):
– testnet.minibill.tech

That's the article which my OP headline and video refers to.

You may be talking about a different FT article altogether.

No, it most certainly does say so. Here is a hardcopy.

My guess: Foundry is using the "Delay Block" strategy against Selfish Mining.
https://arxiv.org/abs/1311.0243

Here you go, but FT is behind paywall:
https://www.ft.com/content/2b030926-2012-4446-b22d-e549e10e7086

No-login link: https://x.com/HubertusVIE/status/2021324491368907206?s=20

Almost better than acting like a complete jerk.

Don't call other people clueless.
Without trade credit, Bitcoin cannot monetise.
We stay on fiat. You want that? Fine. I don't.

BOE is a time-proven instrument from gold times to do this.

Fallacy 1: False necessity:
There is no need for banks when using bills.
That's the point. It's peer-to-peer!

Fallacy 2: Category error.
To blame bills when somebody abuses them is bad logic.
You can abuse any kitchen knife.
Or Bitcoin for that matter.

Sp, back off.
There are enough explainers out already if you really care instead of trolling.

Darth, will you ever stop trolling?

I have already explained how the bill of exchange proper has nothing to do with the abusive practices in your video. Like the Kitchen knife, a bill is a useful thing when used correctly, but of course it can be abused. Like many things. As the detractors of bitcoin claim that Bitcoin is for criminals.

Fact is, without Bitcoin-denominated peer-to-peer credit issued for production, goods in the supply chain, the fiat system will live on. The real economy cannot adopt bitocin and the statists will hunt our on/off ramps. Think it through, for heaven's sake.

Fallacy or the usual Darthcoin trolling.

Should Wright Brothers not bothered with inventing the aeroplane because prior designs did not work?

1. It can deal with Bitcoin base money and with Bitcoin credit money.
2. It aims to be non-custodial for credit money. Still working on it.

They are both 'credit risks'.

Counterparty risk refers to the other party of a contract (e.g. delivery of rice or oil),
Issuer risk to the issuer of a financial instrument (e.g. bond or bill of exchange).

Counterparty risk is significantly greater in terms of complexity, volatility, and contagion.

– Bitcoin M0 (commodity money) has none of these two risks (there are others).
– Contract parties paying with eCash settles C/P risk (Cashu and Fedimint can do)
– Issuer risk (slow/fast rug) must be eliminated on the mint level (needs Bitcredit Protocol).

More about this in a few weeks. Stay tuned.