True North(@TNorth):The True Innovation of Digital Credit - Explained! Every piece of credit comes with an option. Traditional credit gives it to the lender... which is the right to force a sale at the worst possible time. Digital credit gives up the right to force a sale. The value of that right accrues to the common, which pays for it through the dividend. @AdamBLiv explains in less than 3 minutes:

True North

@TNorth

True North is a team of investors and analysts exploring the outer edges of Bitcoin, digital credit, finance and macro economics.

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True North@TNorth

2026.10.23 12:00

The True Innovation of Digital Credit - Explained! Every piece of credit comes with an option. Traditional credit gives it to the lender... which is the right to force a sale at the worst possible time. Digital credit gives up the right to force a sale. The value of that right accrues to the common, which pays for it through the dividend. @AdamBLiv explains in less than 3 minutes: