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/HillebrandMaxMax's website is https://towardsliberty.com/And check out Wasabi Wallet at https://wasabiwallet.io/00:00:00 - Introduction00:02:02 - Max Hillebrand joins the Freedom Footprint show00:03:48 - Praxeology book recommendations00:05:57 - Introduction to Praxeology00:16:14 - The definition of property, and action as purposeful behavior00:24:20 - What prices really are - ordinal values vs cardinal prices00:28:49 - Scarcity, abundance, time, and technology00:37:44 - The true scarcity of Bitcoin00:43:29 - Privacy and protecting Bitcoin - the guy with the gun scenario00:50:49 - What is time preference? 00:55:55 - Theory on Capitalism and Socialism in Austrian economics 01:03:08 - Gresham's law and Bitcoin01:10:04 - Bitcoin optimism - how Bitcoin supports the goodness of humanity01:15:23 - The problems of inflation and how Bitcoin fixes it 01:22:17 - Saving vs Hodling, and the cost of moving and storing Bitcoin01:31:47 - 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 alternatives01:45:27 - Political implications of praxeology01:49:54 - Bitcoin and praxeology as universal ethics01:54:32 - What Bitcoin does to Bitcoiners02:01:23 - Wrapping up - where to find MaxReferenced Books:The Ethics of Liberty - Murray RothbardEconomic Science and the Austrian Method - Hans-Hermann HoppeThe Last Knight of Liberalism - Ludwig Von MisesA Theory of Socialism and Capitalism - Hans-Hermann HoppeThe 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/FootprintShowhttps://twitter.com/knutsvanholmhttps://twitter.com/BtcPseudoFinnhttps://twitter.com/KonsensusNVisit our websites for more info:https://konsensus.network/https://bitcoinbook.shop/https://www.knutsvanholm.com/