In Episode 47 of The Jake Woodhouse Podcast, I’m joined by Hubertus Hofkirchner to explore the fundamentals of Austrian economics, how Jeff Booth’s deflationary thesis fits into a sound money future, and the history of free banking. We discuss the destructive incentives of inflationary credit and unpack Hubertus’ new project, BitCredit: a free market lending protocol built on Bitcoin rails. We cover its real-world applications, long-term implications for savings and entrepreneurship, and how deregulating banking could lead to a more honest and efficient economy.
Website: https://www.bit.cr/home
Telegram: https://t.me/bitcredit_community
X: https://x.com/hubertusvie and https://x.com/bitcr_org
New episodes drop Monday, Wednesday, and Friday. Let's learn together.
TIMESTAMPS:
0:00 - Austrian Econ 101
3:18 - Bitcoin and Austrian Economics
9:25 - Jeff Booth’s Deflationary Thesis
18:10 - The History of Free Banking
23:41 - What is BitCredit?
31:16 - Real World Example
33:40 - The Ramifications of BitCredit
37:43 - Futures Market
43:35 - Deregulating Modern Banking
47:40 - The Future of BitCredit
50:26 - How to Connect with Hubertus
If you want to learn more or connect, visit my website: https://jakewoodhouse.io/