Bitcoin: A World Reserve Currency

Stephan Kinsella joins me to continue our discussion about the book "A Theory of Socialism and Capitalism: Economics, Politics, and Ethics" by Hans-Hermann Hoppe. We discuss the impact of incentive schemes on productivity, the fake communism of the USSR, modern-day slavery, and why Bitcoin is the ultimate solution to centralization. 

Stephan Kinsella is an American intellectual property lawyer, author, and deontological anarcho-capitalist.

// GUEST // 
Twitter: https://twitter.com/NSKinsella/ 
Website: https://www.stephankinsella.com/ 
Book: https://www.amazon.com/Theory-Socialism-Capitalism-Economics-Politics/dp/0898382793

// SPONSORS // 
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// OUTLINE // 
00:00:00 - Coming up 
00:01:25 - Intro 
00:02:59 - Helping Lightning Startups with In Wolf's Clothing 
00:03:45 - A Theory of Socialism and Capitalism by Hans-Hermann Hoppe 
00:03:59 - Historical Examples of Capitalist vs. Socialist Incentives 
00:08:05 - The Fake Communism of the USSR 
00:09:56 - The Impact of Incentive Schemes on Productivity 
00:15:33 - Property Rights are the Key Incentives of a Productive Economy 
00:19:42 - How Political Risk Influences Investments and Productivity 
00:22:57 - Pros and Cons of International Treaties 
00:26:02 - Bitcoin as a Neutral International Settlement Layer 
00:28:13 - The Importance of Treaty Obligations and International Law 
00:30:32 - Secure Your Bitcoin Stash with The iCoin Hardware Wallet 
00:31:27 - Take Control of Your Healthcare with CrowdHealth 
00:32:29 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
00:33:22 - Public vs. Private Means of Production 
00:36:04 - Private Slavery vs. Public Slavery 
00:38:48 - Modern-Day Slavery 
00:44:03 - How to Remove the Shackles of Slavery 
00:48:47 - The Natural Law vs. The Fake Law 
00:51:46 - Every Law Should Have an Expiration Date 
00:53:48 - A Chance to Win Discounted Tickets to the Bitcoin 2023 Conference and 10M SATS 
00:54:43 - Hold Bitcoin in the Most Secure Custody Model with Casa 
00:55:31 - Can We Return to the Common Law? 
00:57:51 - The Case Against Democracy 
00:58:54 - How did the U.S. Shift from a Constitutional Republic to a Democracy 
01:06:56 - A Movement towards Centralization and Back to Decentralization 
01:12:00 - The Case of The Abortion Law in the U.S. 
01:13:40 - The Role of the Federal Reserve in Centralization 
01:20:22 - Where to Find Stephan's Work 

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