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Max Hillebrand on Praxeology, Austrian Economics, and Bitcoin

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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.




You can find Max on Twitter at: https://twitter.com/HillebrandMax


Max's website is https://towardsliberty.com/


And check out Wasabi Wallet at https://wasabiwallet.io/




00:00:00 - Introduction


00:02:02 - Max Hillebrand joins the Freedom Footprint show


00:03:48 - Praxeology book recommendations


00:05:57 - Introduction to Praxeology


00:16:14 - The definition of property, and action as purposeful behavior


00:24:20 - What prices really are - ordinal values vs cardinal prices


00:28:49 - Scarcity, abundance, time, and technology


00:37:44 - The true scarcity of Bitcoin


00:43:29 - Privacy and protecting Bitcoin - the guy with the gun scenario


00:50:49 - What is time preference?


00:55:55 - Theory on Capitalism and Socialism in Austrian economics


01:03:08 - Gresham's law and Bitcoin


01:10:04 - Bitcoin optimism - how Bitcoin supports the goodness of humanity


01:15:23 - The problems of inflation and how Bitcoin fixes it


01:22:17 - Saving vs Hodling, and the cost of moving and storing Bitcoin


01:31:47 - Bitcoin and the concept of property


01:35:36 - Why praxeology is important and useful to know about


01:41:06 - The rules of praxeology and Knut's alternatives


01:45:27 - Political implications of praxeology


01:49:54 - Bitcoin and praxeology as universal ethics


01:54:32 - What Bitcoin does to Bitcoiners


02:01:23 - Wrapping up - where to find Max




Referenced Books:


The Ethics of Liberty - Murray Rothbard


Economic Science and the Austrian Method - Hans-Hermann Hoppe


The Last Knight of Liberalism - Ludwig Von Mises


A Theory of Socialism and Capitalism - Hans-Hermann Hoppe




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!




The Freedom Footprint Show is produced by Konsensus Network, the first #bitcoin only publishing house.




Follow us on Twitter:


https://twitter.com/FootprintShow


https://twitter.com/knutsvanholm


https://twitter.com/BtcPseudoFinn


https://twitter.com/KonsensusN




Visit our websites for more info:


https://konsensus.network/


https://bitcoinbook.shop/


https://www.knutsvanholm.com/


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