Max Hillebrand on Praxeology, Austrian Economics, and Bitcoin

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!

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The Freedom Footprint Show is a Bitcoin podcast hosted by Knut Svanholm and Luke de Wolf.

In each episode, we explore everything from deep philosophy to practical tools to emit freedom dioxide to expand your freedom footprint!