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Max Hillebrand on Praxeology, Austrian Economics, and Bitcoin
Episode 8

Max Hillebrand on Praxeology, Austrian Economics, and Bitcoin

The Bitcoin Infinity Show · Knut Svanholm and Luke de Wolf

November 29, 20222h 9m

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Show Notes

<p>Max Hillebrand is a free software entrepreneur and sound money philosopher. Max joins the Freedom Footprint show to deep dive into praxeology, the theory of human action underpinning Austrian economics, and to explore the connection to Bitcoin.</p> <p>You can find Max on Twitter at: <a href="https://twitter.com/HillebrandMax">https://twitter.com/HillebrandMax</a></p> <p>Max's website is <a href="https://towardsliberty.com/">https://towardsliberty.com/</a></p> <p>And check out Wasabi Wallet at <a href="https://wasabiwallet.io/">https://wasabiwallet.io/</a></p> <p>00:00:00 - Introduction</p> <p>00:02:02 - Max Hillebrand joins the Freedom Footprint show</p> <p>00:03:48 - Praxeology book recommendations</p> <p>00:05:57 - Introduction to Praxeology</p> <p>00:16:14 - The definition of property, and action as purposeful behavior</p> <p>00:24:20 - What prices really are - ordinal values vs cardinal prices</p> <p>00:28:49 - Scarcity, abundance, time, and technology</p> <p>00:37:44 - The true scarcity of Bitcoin</p> <p>00:43:29 - Privacy and protecting Bitcoin - the guy with the gun scenario</p> <p>00:50:49 - What is time preference?</p> <p>00:55:55 - Theory on Capitalism and Socialism in Austrian economics</p> <p>01:03:08 - Gresham's law and Bitcoin</p> <p>01:10:04 - Bitcoin optimism - how Bitcoin supports the goodness of humanity</p> <p>01:15:23 - The problems of inflation and how Bitcoin fixes it</p> <p>01:22:17 - Saving vs Hodling, and the cost of moving and storing Bitcoin</p> <p>01:31:47 - Bitcoin and the concept of property</p> <p>01:35:36 - Why praxeology is important and useful to know about</p> <p>01:41:06 - The rules of praxeology and Knut's alternatives</p> <p>01:45:27 - Political implications of praxeology</p> <p>01:49:54 - Bitcoin and praxeology as universal ethics</p> <p>01:54:32 - What Bitcoin does to Bitcoiners</p> <p>02:01:23 - Wrapping up - where to find Max</p> <p>Referenced Books:</p> <p>The Ethics of Liberty - Murray Rothbard</p> <p>Economic Science and the Austrian Method - Hans-Hermann Hoppe</p> <p>The Last Knight of Liberalism - Ludwig Von Mises</p> <p>A Theory of Socialism and Capitalism - Hans-Hermann Hoppe</p> <p>The Freedom Footprint Show is hosted by Knut Svanholm and BTCPseudoFinn. We are concerned about your Freedom Footprint! Join us as we talk to #bitcoin philosophers about how #bitcoin can expand your Freedom Footprint and much more!</p> <p>The Freedom Footprint Show is produced by Konsensus Network, the first #bitcoin only publishing house.</p> <p>Follow us on Twitter:</p> <p><a href="https://twitter.com/FootprintShow">https://twitter.com/FootprintShow</a></p> <p><a href="https://twitter.com/knutsvanholm">https://twitter.com/knutsvanholm</a></p> <p><a href="https://twitter.com/BtcPseudoFinn">https://twitter.com/BtcPseudoFinn</a></p> <p><a href="https://twitter.com/KonsensusN">https://twitter.com/KonsensusN</a></p> <p>Visit our websites for more info:</p> <p><a href="https://konsensus.network/">https://konsensus.network/</a></p> <p><a href="https://bitcoinbook.shop/">https://bitcoinbook.shop/</a></p> <p><a href="https://www.knutsvanholm.com/">https://www.knutsvanholm.com/</a></p>