Yup. Classic bit of government intervention was always going to go smoothly
Easier said than done
So glad to hear you found it valuable
One area we’re trying hard to be really excellent is how we make high quality long form conversations more accessible
The chopping up of segments is key
Having the courage to be disliked
Could well be the key to life
If Bitcoin starts rising, or even just holding steady, while stocks, bonds, and other assets fall, that could signal something profound: capital flight from individuals, billionaires, corporations, and nation states into the only apolitical, immutable, absolutely scarce asset on earth.
The world needs a neutral reserve asset. Nobody wants to keep importing dollars and exporting real goods when America’s debt makes it clear: yes, you’ll get paid back, but in massively devalued dollars. That game is ending...gradually, then suddenly.
How to Use CoinJoin and Lightning to Protect Your Bitcoin Privacy
While many assume Bitcoin is anonymous, its public ledger reveals much more than most realize. Max walks us through the difference between base money and money substitutes, why cash provides "backwards and forwards privacy," and how Bitcoin can regain this property through innovations like CoinJoin and the Lightning Network.
@npub1klkk3vrzme455yh9rl2jshq7rc8dpegj3ndf82c3ks2sk40dxt7qulx3vt
Whilst all those things are 1) true. 2) predicted.
It doesn’t mean a concerted bitcoin reset is actually happening
I’d love it if that was the case though
Your core family unit is the most important asset to foster
Amen to that
Since launching the podcast in January, our video content has a view count across all platforms of 88,141
Not a bad start!
To the guys behind nostr.build PLEASE help me build a feature that means I can aggregate the unique views statistics. Clicking through every upload to see the data is impossible with regular posting schedules. It would make your product much better if it existed.
Plus it would also show how well Nostr is performing against the legacy platforms
Thank you for those that have tuned in! Really appreciate the support
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.
“The nation state relies on taxation which is a form of theft. These are not consensual transactions. Of course, they would prefer to not have citizens that are private. They would very much prefer a system of taxation that cannot be hidden from.
That’s where the term ‘daylight robbery’ comes from. Back in England, there was [this idea) that ‘the home is the castle,’ and the tax man did not have the legal authority to enter the house and see the amount of wealth that you have inside, like how many gold coins does the subject have available. That was not allowed by law. It was a rather private system. So the solution was to tax what was visible. So the tax rate that you had to pay as a subject was dependent on the number and size of windows in your house, because that was something the taxman could see from the outside. You could not hide the number of windows that you have. And so the obvious protection mechanism unfortunately was to decrease the size and quantity of your windows. So a lot of old houses have their windows laid full of bricks to decrease the tax burden of individuals. So this was why we call taxation ‘daylight robbery’ — because it literally robbed the daylight of honest people.
Privacy benefits the victim, and surveillance benefits the attacker. And so if we create systems that are used widely by people and that have privacy as a default, then all of a sudden we substantially increase the cost of attack for any type of adversary. And if we create tools and software that have this default utilization of privacy at a cheap rate, then we decrease the cost of defense. I believe that’s the closest path to world peace, so to say — it’s a cypherpunk world where privacy is safeguarded and any attack is simply not profitable.”
@npub1klkk3vrzme455yh9rl2jshq7rc8dpegj3ndf82c3ks2sk40dxt7qulx3vt / Ep.32 / 53:04
Money Shapes Civilization: So What Happens When We Break It?
@npub1klkk3vrzme455yh9rl2jshq7rc8dpegj3ndf82c3ks2sk40dxt7qulx3vt breaks down the miracle of modern trade, how price signals help allocate scarce resources, and how fiat money sabotages this entire process. What is Money?
"You Can't Just Invent Money!"
@npub1hghnjjpnvkz8t6gkszuf37d7puwc2qtxc65rnklqsngzv6kkug9qhhfyz2
Always appreciate the insights. Thank you
I also think the idea of joining social media as and when you have something valuable to share, rather than just to pump the algo, or satiate your followers, is a far healthier long term approach
Bring on 2025!
Debt on a Bitcoin Standard: Saylor vs Saifedean
The Fourth Turning and Bitcoin: Are We at the Breaking Point?
"I would put money as way up there with the wheel and fire in terms of what it has done for human civilization…
Without money, we don’t scale as a civilization. We are in tribes of three or 400 people max. Now we are in an interconnected global economy of eight billion people. Why? The short answer: money. So it’s a big deal.
The fact that I can coordinate with someone—in fact, with literally thousands of people from around the world who I’ll never meet and I’ve got no idea if I can trust them—doesn’t matter. If I trust the money, we can interact and we can coordinate. In fact, we can do it in such a way that our revealed preferences will make sure that the allocation of resources is done in the most hyper-efficient way possible. It’s an absolute mindblow of a concept."
Andrew Page / Ep.31 / 43:26
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/
You say it so well max!
Freedom is something we have to go and get…
💪🏻
This has proved to be far harder in practice than I anticipated:
- 1 - the metrics are everywhere on the websites when you look at the content. Views / comments etc. It's impossible not to see
- 2 - to make the best content, in some ways we need feedback from the mkt, so the metrics are actually crucial to making the best content
- 3 - I would like a detailed diary as to how this podcast grows over time, so to not capture the data month to month is something I will regret
In short, we will start to create a monthly report on audience growth
Fascinating. Digging up these facts, ideas, and new perspectives is so cool
