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/