https://bitcointv.com/videos/watch/29ac4a3c-abef-4bf3-9c2d-9fea8c642260 SHOW NOTES: https://www.whatbitcoindid.com/podcast/the-economics-of-privacy Max Hillebrand is an economist and open-source entrepreneur who runs Agora Towards Liberty. In this interview, we discuss fiat money’s fundamental weaknesses, the teachings of Austrian Economics, the importance of privacy, and how nano cameras mean privacy technology will need to keep evolving. SUPPORT THE SHOW: → Become a Patron: https://www.patreon.com/whatbitcoindid/ → Subscribe on iTunes → Leave a review on iTunes → Share the show out with your friends and family on social media → Drop me a line on hello@whatbitcoindid.com → https://www.whatbitcoindid.com/sponsorship/ TIMESTAMPS: 00:00:00 Introduction & background 00:05:36 The problem with fiat: money printing & inflation 00:10:52 The Cantillon effect 00:19:34 Austrian economics & Bitcoin 00:34:06 Orange pilling fun; Nostr 00:39:31 The Ethics of Money Production 00:46:33 What is Bitcoin? 00:52:02 Privacy on Bitcoin 01:00:09 Forthcoming hyperinflation? 01:05:44 Privacy & nano cameras WHERE TO FIND THE SHOW: → My website: https://www.whatbitcoindid.com/podcast/ → iTunes: https://apple.co/2OOlzVV → Spotify: https://spoti.fi/2ygc4W1 → Stitcher: https://bit.ly/2IQO8fX → SoundCloud: https://bit.ly/2CGSVQR → YouTube: https://bit.ly/3nyi9Ez → TuneIn: https://bit.ly/2ywystr LISTEN TO OLD EPISODES: → By guest: https://www.whatbitcoindid.com/guests/ → By topic: https://www.whatbitcoindid.com/topics/ → Transcriptions: https://www.whatbitcoindid.com/transcriptions/ WHERE TO FOLLOW ME: → Twitter: https://twitter.com/whatbitcoindid/ → Medium: https://medium.com/@whatbitcoindid/ → Instagram: http://instagram.com/whatbitcoindid/ → Facebook: https://www.facebook.com/whatbitcoindid/ → YouTube: https://www.youtube.com/whatbitcoindidpodcast → Website: https://www.whatbitcoindid.com/ → Email list: https://www.whatbitcoindid.com/subscribe/ LEARN ABOUT BITCOIN: → Step by Step Guide: https://www.whatbitcoindid.com/learn-bitcoin → Training: https://www.whatbitcoindid.com/training/ → Resources: https://www.whatbitcoindid.com/resources/ #Bitcoin #Finance #Economics “That meatspace layer between the computer and your brain is unencrypted…if this last mile is not encrypted, then all of the securities that we can gain in cyberspace are null and void. Now, because you type in your 24 words, and the camera picks it up, all of a sudden, your super awesome anonymous money is no longer anonymous nor secure. And that’s a really, really big issue. ” — Max Hillebrand Max Hillebrand is an economist and open-source entrepreneur who runs Agora Towards Liberty. In this interview, we discuss fiat money’s fundamental weaknesses, the teachings of Austrian Economics, the importance of privacy, and how nano cameras mean privacy technology will need to keep evolving. Whilst the Bitcoin innovation was primarily predicated on the technical needs for enabling permissionless and uncensorable digital peer-to-peer transactions, its development was heavily influenced by the Austrian school of economics. At its root, Bitcoin is tied to the ethics of money production, where money production should be decentralized and not subject to the whims of a central authority. The long-held fear of Austrian economists was that centralized control of money production would result in monetary inflation: governments would be unable to resist the temptation to print money as quick fixes to crises. This obviously impacts the value of the money being inflated, violating one of the core principles of money to be a reliable store of value. The problem for governments, as we’re seeing, is that the power to print money becomes an uncontrollable force. Despite the inevitable fragility of fiat currencies, an alternative sound monetary system can hasten the collapse of fiat currencies during periods of loose monetary policy. This incentivises governments to constrain or ban access to such alternatives. See Executive Order 6102. This means that privacy for such alternatives is paramount. This is why Bitcoin privacy is vital. Because, when fiat currencies collapse, governments will come for people’s Bitcoin. Sun, 01 Nov 2026 04:37:17 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://bitcointv.com https://bitcointv.com/client/assets/images/icons/icon-1500x1500.png https://bitcointv.com/videos/watch/29ac4a3c-abef-4bf3-9c2d-9fea8c642260 All rights reserved, unless otherwise specified in the terms specified at https://bitcointv.com/about and potential licenses granted by each content's rightholder. https://bitcointv.com/w/69t1FerWiAmp7pJTsBv4aS;threadId=3303 https://bitcointv.com/w/69t1FerWiAmp7pJTsBv4aS;threadId=3303 Fri, 24 Mar 2023 13:59:47 GMT @wbd max is a cuck and a scammer shilling a bullshit fake privacy wallet

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