It was a pleasure to hang out and chat, you got excellent questions as usual!
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
If you want to learn more or connect, visit my website: https://jakewoodhouse.io/
Discussion
Really appreciate your support Max. Thanks
Teaching me about "daylight robbery" is one I wont forget! There was a number of windows that were bricked up on the house I grew up in, and I was told it was something due to tax. I always thought how it was so weird. A 10 year old boy is so logical: "why would you close a window!" I used to think.
I had no idea that it was were the term "daylight robbery" came from! Awesome stuff.
I learned it from Dominic Frisby, checkout his book of the same title:
https://dominicfrisby.com/daylight-robbery-how-tax-shaped-the-past-and-will-change-the-future/