Bitcoin Takeover Podcast
BTC Takeover
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S9 E9
Max Hillebrand on Praxeology, Human Action & El Salvador
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Chapters
01:40 Intro
03:20 The Austrian School of Economics
04:05 Why the left-right dichotomy doesn’t make much sense
05:03 What’s the deal with praxeology and what does it have to do with El Salvador?
10:18 When is a country ready to adopt bitcoin?
15:00 Denominating products and services in bitcoin
19:40 Every country is pretty bad, but some are worse than others
20:05 Democracy vs monarchy
36:02 All previous forms of government have failed
40:00 Choice, opting-out, and opportunity cost
44:50 First reactions to El Salvador’s decision to adopt bitcoin as legal tender
51:30 The short-term opportunity costs of adopting bitcoin in El Salvador
57:00 The unforeseen consequences of adopting bitcoin as legal tender in El Salvador
1:00:00 Bitcoin revolution vs French Revolution vs American Revolution vs the Bolshevik Revolution
1:05:00 After bitcoin wins, what’s next?
1:08:30 Opting out by voting with your feet
1:14:20 How can we consider and individual’s choices to be truly free in a world where everyone is trying to influence us?
1:23:30 Keeping Bitcoin censorship-resistant with home mining
1:28:00 Recommendations for computer operating systems (Qubes, Tails, Debian, Nix Bitcoin)
1:31:20 NixOS vs Nix Bitcoin
1:39:00 Schumpeter’s story
1:42:00 Shitcoiners returning to bitcoin
1:44:00 We never really had an altcoin (alternative to bitcoin)
1:45:25 Sidechains & BIP 300 (Drivechains)
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