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We Study Billionaires - The Investor’s Podcast Network
BTC180: The Current Challenges Bitcoin Faces w/ Max Hillebrand (Bitcoin Podcast)
May 1, 2024
01:00:16
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Bitcoin expert Max Hillebrand discusses Bitcoin's evolution, privacy features, and the principles of Mises, Hoppe, and Rothbard. Topics include privacy strategies, Ocean mining, covenants, and institutional asset protection using Bitcoin technology.
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Quick takeaways
- Understanding praxeology and the axiom of human action is crucial for analyzing economics and Bitcoin.
- Hans Herman Hoppe's work on private property emergence enhances discussions on ethics, freedom, and societal organization.
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The Importance of Praxeology in Economic Understanding
Praxeology, the logic of human action, plays a crucial role in understanding economics. The axiom of human action, stating that humans act to alleviate problems with their scarce resources, is a fundamental starting point. This concept, emphasized by prominent economists like Mises, provides insights into individual behavior and the functioning of economies. By delving into this praxeological approach early on, individuals like Max gained a deep understanding of economics before venturing into Bitcoin.
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