Reliability of Bitcoin and the Potential Risks of a Power Vacuum

In this episode with John Parker of the Pangburn Hangout podcast, we discuss freedom maximalism, the importance of property rights, why taxation is theft, and the pros and cons of Bitcoin. 

John Parker is one of the broadcasters from The Pangburn Hangout podcast. 

Podcast: https://www.youtube.com/@JohnParkerPU

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// OUTLINE // 
00:00:00 - Coming up 
00:00:42 - Intro 
00:02:15 - Helping Lightning Startups with In Wolf's Clothing 
00:03:01 - Introducing Robert Breedlove and His Journey with Bitcoin 
00:06:27 - The Philosophy of Freedom Maximalism 
00:08:59 - Property Rights and Inheritance 
00:10:54 - The Extent of Government's Existence 
00:14:25 - Distinguishing Between Government and State 
00:16:42 - Human Flourishing through the Division of Labor 
00:17:59 - Is Taxation Theft? 
00:25:02 - The Impact of Technology on Government 
00:26:38 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 
00:27:35 - The Power of Saying No 
00:30:40 - The Significance of Property Rights 
00:33:33 - Why is Bitcoin Unique? 
00:35:10 - Questioning the Stability of the Dollar 
00:39:34 - From Gold Standard to Dollar Supremacy 
00:42:10 - How to Derive the Value of Bitcoin 
00:46:52 - Scarcity of Bitcoin 
00:48:57 - Any Downside to Bitcoin? 
00:54:15 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
00:55:06 - Hold Bitcoin in the Most Secure Custody Model with Casa 
00:55:54 - Power Vacuum 
00:58:43 - How Profitable is Coercion? 
01:01:11 - Fix Money, Fix the World 
01:04:36 - Civilization and Private Property Are Inseparable 
01:06:56 - Concerns with Freedom Maximalism 
01:08:45 - Friction of Updating the Law 
01:11:36 - Bitcoin is a Game Changer 
01:14:15 - Transition from Dollar to Bitcoin

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