The History of Money, Austrian Econ, and Bitcoin's Privacy & Scalability w/ Max Hillebrand (JWP32)

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In Episode 32 of The Jake Woodhouse Podcast, Max Hillebrand and I explore the foundations of liberty and whether it still exists today, how Austrian economics shapes entrepreneurial thinking, the relationship between money, prices, and trade, and the consequences of distorting money. We also discuss the difference between base money and payments, the role of CoinJoin and the Lightning Network in scaling Bitcoin privately, and why the distinction between secrecy and privacy matters.

New episodes drop Monday, Wednesday, and Friday. Let's learn together.

TIMESTAMPS:

0:00 - Introducing Max Hillebrand

0:41 - What is Liberty?

1:23 - Does Liberty Exist Today?

3:46 - Austrian Economics

8:46 - Max’s Entrepreneurial Background

13:27 - Working from an Austrian Econ Foundation

20:06 - Money, Prices, and Trade

27:55 - The Consequences of Distorting Money

32:45 - Base Money vs Payments

41:04 - CoinJoin: Bitcoin’s Scalability and Privacy

44:47 - The Lightning Network

47:20 - Who is Against Privacy?

54:43 - Secrecy vs Privacy

58:07 - Book Recommendation and How to Connect with Max