Tell me your first impressions: Bitcredit \ stacker news ~bitcoin

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Tell me your first impressions: Bitcredit www.bit.cr/overview

1706 sats \ 12 comments \ @psacramento 2 Jan bitcoin

I recently joined the Bitcredit team and want to get a sense of how the project is perceived.

What are your first impressions when you visit the website?

I’d love to hear your honest feedback!

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121 sats \ 0 replies \ @k00b 2 Jan

My immediate impression is:

This feels like a github page documenting a project that will soon be abandoned.

Then:

This is complicated. What is this doing? I have to read all this text? Oh, there's a diagram! Crap, the diagram looks more complicated than reading the text will be. I'll just read the text.

Then:

The text thinks I'm stupid. It's telling me what bitcoin is. Oh no, am I going to have to wade through a bunch of condescending "bitcoin is a revolution" crap.

Then:

Okay two new names for the thing I don't yet understand "Wildcats" and "Bitcredit mints" ... can't wait to see them used inconsistently and confuse me more.

Then:

Oh I think all this nonsense, in between the other condescending money revolution crap, is there to describe merchant-run ecash mints with some kind of exchange rate stabilization.

Then:

Where the fuck is the product? Maybe I can click on these other links to get product screenshots at least. Oh no, every link I click on is a grenade of more text and complicated diagrams often repeating the stuff at the other links.

Sorry if any of that is rude, but I suspect that's what you want.

31 sats \ 4 replies \ @Skipper 2 Jan

The site is using cookies from Google... ngmi

20 sats \ 1 reply \ @TheBTCManual 3 Jan

Lol so does 61% of the top 100 000 websites

0 sats \ 0 replies \ @Skipper 3 Jan

it's particularly concerning in the case of a bitcoin related website 🫤

5 sats \ 1 reply \ @037447d9ca 3 Jan

not only the cookies, the whole site is hosted on google. it might not even load for chinese folks

0 sats \ 0 replies \ @Skipper 3 Jan

yikes... like i said, ngmi

110 sats \ 0 replies \ @NostrDevTeam 2 Jan

Would be nice to see Nostr on your list of socials!

Otherwise though, site looks great, and we're looking forward to trying it out

0 sats \ 0 replies \ @mo 2 Jan

SN is probably not the right place to promote this... maybe WEF or IMF interested?

0 sats \ 1 reply \ @DarthCoin 2 Jan

crap e-IOU... banskters will always want to scam people with IOUs... The history is repeated over and over and losers will always fall into this trap...

With Bitcoin you spend ONLY what you have. THAT'S IT. GAME OVER. You do not have it, you work hard until you have it.

0 sats \ 0 replies \ @telcobert 20h

It is correct that IOU's can be abused, like many other things.

However, it is foolish to deny their positive use as instruments of credit facilitating division of labour in modern economies.

Credit in real goods is what powers capitalistic production and supply chains for consumers' real world lives. We cannot eat bitcoin. Or gold for that matter.

On 'cheating': Cheating banks and trusting fools will always be punished, usually within a few years of less. Honest banks persisted in the past for hundreds of years. Only the government has the power to cheat unpunished and force their 'licensed' (enslaved) banks to cheat through regulation.

0 sats \ 0 replies \ @ChrisS 2 Jan

If this is a system built on trust and in the event of failure to pay the recourse is " Mint can initiate legal action on the e-bill against any of them". How is this any different of better than signinga paper contract?

0 sats \ 0 replies \ @psacramento OP 2 Jan

https://www.bit.cr/overview