A peer-to-peer lending system and protocol that makes financial institutions redundant
Money supply which is neither determined by governments nor tethers to FIAT
Improving credit, debt and the credit score
Distrupting loans
A technical explanation
Cryptographic medium of exchange
Quantity of money is determined as a fixed multiple of the quantity of bank reserves. This number is determined by a monopolistic central bank.
Bitcoin has a capped money supply of 21 million coins. This deflationary trend prevents bitcoin from being an ideal medium of exchange.
A money supply that is adjusted by tethering system-wide credit to money creation ensure that the amount of money in circulation will be appropriate for the state of the economy.
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