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/