OwlTail

Cover image of Max Hillebrand

Max Hillebrand

34 Podcast Episodes

Latest 26 Oct 2021 | Updated Daily

Weekly hand curated podcast episodes for learning

Episode artwork

Max Hillebrand

A Boy Named Pseu

Max Hillebrand and I chat: - Austrian Economics - The Ethics of Liberty - Bitcoin Privacy - WabiSabi and then some... Download Episode on My Website: pgibs.io Download Episode on PodBean Download Episode on Medium Follow Me On Twitter @MrPseu Go to wtfhappenedin1971.com Check out my latest article published on Bitcoin Magazine, BITCOIN BLOWBACK: A HISTORY OF DOLLAR HEGEMONY, ECONOMIC WARFARE AND A BRIGHT ORANGE ALTERNATIVE Send me a tip on Strike @pgibs Check out my music video"ETF" HERE Join the band at ETF615.com Citadel21 Volume 6 https://www.citadel21.com/etf-economic-earworms-of-the-sound-money-revolutionhttps://www.citadel21.com/ To learn more about Bitcoin fundamentals... Go to: bitcoinonepager.com Hope you’re saving savings by stackin’ those sweet, sweet, sats at savingsavings.io (AKA) SwanBitcoin.com/philGet 10% off the SHAmory game at checkout when you use the promo code Phil10 Rate, Subscribe, and Review the show, and share it with someone who’s curious about Bitcoin and needs a place to start.

2hr 9mins

11 Oct 2021

Episode artwork

Max Hillebrand on Free Software Entrepreneurship with Bitcoin

Economics For Business

Entrepreneurs are developing a new world of innovative business models far from regulated markets, crony capitalism, and corporate control. It’s a new world of cyber security, free software, value-for-value exchange, integrated with bitcoin. Max Hillebrand operates in this new world, and he shares both his vision and his expertise on the Economics For Business podcast.Key Takeaways and Actionable InsightsThe praxeology of cyberspace.Praxeology is timeless, with equal application in this era of cyberspace and the internet as in any other era. Individuals are in a state of unease, and they can perceive a better future in which their unease is relieved. They allocate resources to achieve that end. Those resources can be scarce or non-scarce. Non-scarce goods are non-rivalrous; I can share them with you and not give them up for myself. Information goods are non-scarce. They are patterns of words and symbols that can be shared. This is the world of free software. It’s also the world of cyber security. Cryptography is just a math formula. If I wish to express myself freely to one other person or a small group of people, I can enable my non-scarce expression for only that small group, giving them the private key to decrypt the message.The value of free software: scratch your own itch.A growing cadre and movement of internet entrepreneurs is engaged in the preparation and distribution of free software. Free doesn’t mean it’s not valuable. New technologies and new free software are created to solve customer problems more efficiently and more effectively. One of the beautiful attributes of free software is that it is open to user contribution — anyone who can read the software can change the software and publish those changes, so that future users can enjoy an even better experience. Everyone in the free software community — producers and consumers — is incentivized to ensure that the tools that they all use are running at their best. This is sometimes referred to as the “scratch your own itch” ethos. The creators of the software are also the users of the software. Customers know the problems that they want to have solved, and give the ultimate feedback of fixing it themselves.Free software in business.Producers of free software create the highest quality technology tools. Entrepreneurs looking for the best technology have an incentive to seek out these producers and their products. There is no lack of demand. How do the producers get paid for their development efforts? One way is via a service exchange. Users of free software often like to add customization, personalization and locally specific integration features to free software that they use. Producers can be contracted and compensated for these customization services. Red Hat followed this business model of servicing Linux users all the way to a $US34 billion valuation in an acquisition transaction with IBM.Value-for-value exchange: a new business model?The second way to get revenue from free software production is via donations — users recognize the value of the experience of using the product and voluntarily send payment to the producer, even though no “price” was asked. This emergent concept of voluntary payments made for freely distributed valuable content and products is beginning to bloom into a new form of exchange, which has been given the name of the value-for-value (VFV) model. It’s especially prevalent on the blockchain and on bitcoin networks. Take a freely distributed podcast as an example. The producer can put a Bitcoin lightning network public key in the RSS feed and listeners can voluntarily send any amount of bitcoin back for every minute they are listening to the podcast. This happens automatically in the background when the listener hits Play and stops when he or she hits Pause or Stop. One-time payments can be made as well, if preferred. Payment can be boosted if the listener here’s something they deem especially valuable to them and wish to extend an extra reward. It’s the ultimate market feedback mechanism.Bitcoin as free softwareBitcoin is another tool of cyberspace, engineered and designed to solve the problem of money. Many innovators over time have made attempts to create digital money to make internet transactions fast, infinitely cheap, stable and private. But none of the attempt, until bitcoin, were able to solve the problem of verification of transactions and enforcement of rules without a trusted third party. Bitcoin solves the important problems, not just of verification but of “who verifies?” Verification is always and ultimately human. Bitcoin entrains entrepreneurs who download the bitcoin software and confirm they are running the agreed monetary rules on their own hardware. When another entrepreneur connects and asks for rules-based verifications of valid transactions, bitcoin merchants on the network are running the software and checking the transactions of others. They are entrepreneurs producing verification according to established and agreed rules. It’s an entrepreneurial merchant network.Get paid in bitcoin, hold bitcoin, invest with bitcoin.Max emphasizes 3 aspects of the bitcoin enabled life that can insulate and protect entrepreneurs from the inflationary fiat future.Get paid in bitcoinTo get paid in bitcoin means to have a “censorship resistant” method of receiving payment from customers. People who do not have access to a bank account can become entrepreneurs. People whose bank accounts might get shut down can remain entrepreneurs. Anyone who fears for the future of the fiat system can insulate themselves against future payment system uncertainty.Hold cash reserves in bitcoinSaving should mean holding an asset without counterparty risk. Bitcoin serves that purpose — it’s counterparty risk-free money. Holding a reserve without counterparty risk frees the individual to make a trade with an entrepreneur at any time in the future. There I no risk of inflation. Your saving can’t be diluted.Denominate your contracts in bitcoinWhen more and more entrepreneurs denominate their contracts in bitcoin, a stable monetary asset that cannot be inflated, the detrimental cycles identified by Austrian Business Cycle Theory can be eliminated. This is the exciting long term prospect of bitcoin. It may be a long path, and it will take time and courage to complete the journey, but it is possible. There are entrepreneurs today (Max is one) who get paid exclusively in bitcoin and hold their cash reserve in bitcoin.Additional ResourcesMax’s website: TowardsLiberty.com Some examples of free software tools: btcpayserver.orgwasabiwallet.iovalue4value.io Professor Mohammad Keyhani’s Entrepreneur Tools: Mises.org/E4B_136_Tools Cryptoeconomics: Fundamental Principles of Bitcoin by Eric Voskuil: Mises.org/E4B_136_Book

21 Sep 2021

Similar People

Episode artwork

Max Hillebrand on Free Software Entrepreneurship with Bitcoin

Interviews

Entrepreneurs are developing a new world of innovative business models far from regulated markets, crony capitalism, and corporate control. It’s a new world of cyber security, free software, value-for-value exchange, integrated with bitcoin. Max Hillebrand operates in this new world, and he shares both his vision and his expertise on the Economics For Business podcast.Key Takeaways and Actionable InsightsThe praxeology of cyberspace.Praxeology is timeless, with equal application in this era of cyberspace and the internet as in any other era. Individuals are in a state of unease, and they can perceive a better future in which their unease is relieved. They allocate resources to achieve that end. Those resources can be scarce or non-scarce. Non-scarce goods are non-rivalrous; I can share them with you and not give them up for myself. Information goods are non-scarce. They are patterns of words and symbols that can be shared. This is the world of free software. It’s also the world of cyber security. Cryptography is just a math formula. If I wish to express myself freely to one other person or a small group of people, I can enable my non-scarce expression for only that small group, giving them the private key to decrypt the message.The value of free software: scratch your own itch.A growing cadre and movement of internet entrepreneurs is engaged in the preparation and distribution of free software. Free doesn’t mean it’s not valuable. New technologies and new free software are created to solve customer problems more efficiently and more effectively. One of the beautiful attributes of free software is that it is open to user contribution — anyone who can read the software can change the software and publish those changes, so that future users can enjoy an even better experience. Everyone in the free software community — producers and consumers — is incentivized to ensure that the tools that they all use are running at their best. This is sometimes referred to as the “scratch your own itch” ethos. The creators of the software are also the users of the software. Customers know the problems that they want to have solved, and give the ultimate feedback of fixing it themselves.Free software in business.Producers of free software create the highest quality technology tools. Entrepreneurs looking for the best technology have an incentive to seek out these producers and their products. There is no lack of demand. How do the producers get paid for their development efforts? One way is via a service exchange. Users of free software often like to add customization, personalization and locally specific integration features to free software that they use. Producers can be contracted and compensated for these customization services. Red Hat followed this business model of servicing Linux users all the way to a $US34 billion valuation in an acquisition transaction with IBM.Value-for-value exchange: a new business model?The second way to get revenue from free software production is via donations — users recognize the value of the experience of using the product and voluntarily send payment to the producer, even though no “price” was asked. This emergent concept of voluntary payments made for freely distributed valuable content and products is beginning to bloom into a new form of exchange, which has been given the name of the value-for-value (VFV) model. It’s especially prevalent on the blockchain and on bitcoin networks. Take a freely distributed podcast as an example. The producer can put a Bitcoin lightning network public key in the RSS feed and listeners can voluntarily send any amount of bitcoin back for every minute they are listening to the podcast. This happens automatically in the background when the listener hits Play and stops when he or she hits Pause or Stop. One-time payments can be made as well, if preferred. Payment can be boosted if the listener here’s something they deem especially valuable to them and wish to extend an extra reward. It’s the ultimate market feedback mechanism.Bitcoin as free softwareBitcoin is another tool of cyberspace, engineered and designed to solve the problem of money. Many innovators over time have made attempts to create digital money to make internet transactions fast, infinitely cheap, stable and private. But none of the attempt, until bitcoin, were able to solve the problem of verification of transactions and enforcement of rules without a trusted third party. Bitcoin solves the important problems, not just of verification but of “who verifies?” Verification is always and ultimately human. Bitcoin entrains entrepreneurs who download the bitcoin software and confirm they are running the agreed monetary rules on their own hardware. When another entrepreneur connects and asks for rules-based verifications of valid transactions, bitcoin merchants on the network are running the software and checking the transactions of others. They are entrepreneurs producing verification according to established and agreed rules. It’s an entrepreneurial merchant network.Get paid in bitcoin, hold bitcoin, invest with bitcoin.Max emphasizes 3 aspects of the bitcoin enabled life that can insulate and protect entrepreneurs from the inflationary fiat future.Get paid in bitcoinTo get paid in bitcoin means to have a “censorship resistant” method of receiving payment from customers. People who do not have access to a bank account can become entrepreneurs. People whose bank accounts might get shut down can remain entrepreneurs. Anyone who fears for the future of the fiat system can insulate themselves against future payment system uncertainty.Hold cash reserves in bitcoinSaving should mean holding an asset without counterparty risk. Bitcoin serves that purpose — it’s counterparty risk-free money. Holding a reserve without counterparty risk frees the individual to make a trade with an entrepreneur at any time in the future. There I no risk of inflation. Your saving can’t be diluted.Denominate your contracts in bitcoinWhen more and more entrepreneurs denominate their contracts in bitcoin, a stable monetary asset that cannot be inflated, the detrimental cycles identified by Austrian Business Cycle Theory can be eliminated. This is the exciting long term prospect of bitcoin. It may be a long path, and it will take time and courage to complete the journey, but it is possible. There are entrepreneurs today (Max is one) who get paid exclusively in bitcoin and hold their cash reserve in bitcoin.Additional ResourcesMax’s website: TowardsLiberty.com Some examples of free software tools: btcpayserver.orgwasabiwallet.iovalue4value.io Professor Mohammad Keyhani’s Entrepreneur Tools: Mises.org/E4B_136_Tools Cryptoeconomics: Fundamental Principles of Bitcoin by Eric Voskuil: Mises.org/E4B_136_Book

21 Sep 2021

Episode artwork

A Bitcoin Maximalist Confronts Tether w/ Max Hillebrand

When The Music Stops

Max Hillebrand is more than a freedom-loving student of Austrian economics. If you ever used open-source software in the Bitcoin space, you have likely benefitted in some degree from his work. Max and I go way back- In 2018 we both saw privacy in Bitcoin as a fundamental problem and a concern that is worth addressing. By no coincidence, he and I crossed paths at an open-source project that claimed to offer an unfair amount of user privacy in Bitcoin transactions (Wasabi Wallet). From there, we quickly became friends and even had the uncommon pleasure of meeting in person in Amsterdam and Taiwan. This episode I change things up a bit. A lot of proponents of Bitcoin don't feel comfortable, for perhaps obvious reasons, to discuss the systemic risk of Tether. The discussion is typically classified as 'FUD' and the conversation stops before it has even started. Well not with Max! Max walks valiantly down this path to discuss his thoughts on Tether and how he personally interprets both events from the past and his expectations of the future. He does what a lot of his peers are not able to do, but what he is best at - discussing systemic risks and attack vectors to the Bitcoin ecosystem. For more on Max Hillebrand: https://towardsliberty.com https://twitter.com/HillebrandMax https://github.com/MaxHillebrand Follow me on twitter for more episodes! https://twitter.com/milner_aviv And as always, this wouldn't be possible without my producer and editor - Gordon Dolven. Check him out on twitter! https://twitter.com/gordolven --- Send in a voice message: https://anchor.fm/when-the-music-stops/message

1hr 1min

9 Aug 2021

Most Popular

Episode artwork

24 April 2021 Liveshow with Max Hillebrand

Bitcoin Echo Chamber

Options expiry theory, federated side chains, taproot & lightning, banking and layered money, current events  & more.  Join us live on saturday's at 1030 EST, link below. Get 1 week of zero fee Bitcoin trades with River! Watch the Liveshow (Saturdays 1030 EST)  Join the Discussion (BEC DISCORD) Bitcoin crash course Bitcoin Only Resources Ben's Twitter Collin's Twitter Don't forget to subscribe and check us out at bitcoinechochamber.com Theme Music Credit BEC Logo Credit--- Support this podcast: https://anchor.fm/podcast-8f267c0/support

1hr 30mins

26 Apr 2021

Episode artwork

Sovereignism: Max Hillebrand and Robert Breedlove - E56

Swan Signal - A Bitcoin Podcast

Max Hillebrand of Agora Towards Liberty, and Robert Breedlove from Parallax Digital, join host Brady Swenson, Head of Education at Swan Bitcoin, for episode 56 of Swan Signal Live.Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Get started in just 5 minutes. https://swanbitcoin.com/yt​ Connect with Swan on social media:Twitter: https://twitter.com/SwanBitcoin​​​​Telegram: https://t.me/swansignal​​​​LinkedIn: https://www.linkedin.com/company/swanbitcoinSwan Signal Live and Swan Lounge are a production of Swan Bitcoin, the best way to accumulate Bitcoin through automatic recurring buys at https://swanbitcoin.com​​​​.Are you a high net worth individual or do you represent corporation that might be interested in learning more about Bitcoin? Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swanbitcoin.com/private​Get paid to recruit new Bitcoiners: https://swanbitcoin.com/enlist

1hr 45mins

14 Apr 2021

Episode artwork

Max Hillebrand: Anatomy of the State

The Bitcoin Matrix

In this episode, I sit down with Max Hillebrand, the Rothbardian Crypto Anarchist, Sound Money Agorist, Free software entrepreneur building Bitcoin defensive weapons of war at Wasabi Wallet to discuss: - What the State Is Not - What the State Is - How the State Preserves Itself - Is Science the New God of the State - How the State Transcends Its Limits - The Use of Intellectuals by the State - What the State Fears - How States Relate to One Another - History as a Race Between State & Social Power

1hr 16mins

11 Apr 2021

Episode artwork

Ep 38. Max Hillebrand on Privacy, Praxeology, Prosperity, Philosophy & Practicality

Wake Up Podcast by Aleks Svetski

This was a killer episode with one of the smartest people in & around Bitcoin. Max Hillebrand is a "Free software entrepreneur", working with the incredible team at Wasabi. We have a philosophical discussion about Bitcoin, Privacy, Praxeology & human Prosperity, and end it with a dive into the practicalities of making these things a reality. We discuss the breadcrumbs that primed him for Bitcoin (especially at his age): - Working for things - Savings - Responsibility - Economics & Praxeology Also the advancement of Bitcoin Privacy - Work being done at Wasabi - Base & Subsequent layers - Taproot Why Bitcoin > Monero - Take down the state first IP & Open Source Software - Ideas that are not scarce This is a monster of an episode, and one you'll definitely want to share around with your friends & family. Follow Max's work here: https://towardsliberty.com/btcpay/apps/wxB4qDBjfaZNqn9vSidLnn4dGbV/pos https://twitter.com/HillebrandMax And the amazing work being done at Wasabi: https://wasabiwallet.io ____________________________________ As usual, Thanks again for listening. Subscribe on YouTube, Anchor, Spotify: https://anchor.fm/wakeuppod https://www.youtube.com/c/WakeUpPod You can follow my work at: - Twitter & IG @AleksSvetski - Mastodon & Clubhouse @Svetski - Medium: https://svetski.medium.com More coming soon!

2hr 39mins

25 Mar 2021

Episode artwork

TVP #110: Socratic Self-Liberation (& An Open Source/Bitcoin Update) w/ Max Hillebrand

The Vonu Podcast

On this episode of The Vonu Podcast, I welcome back Max Hillebrand to the podcast. Max is a vonuan van nomad traveling across Europe, living primarily off of bitcoin. He’s an avid contributor to the Wasabi Privacy wallet and, well, much more. He reached out to me recently and figured… The post TVP #110: Socratic Self-Liberation (& An Open Source/Bitcoin Update) w/ Max Hillebrand appeared first on The Vonu Podcast.

1hr 21mins

22 Mar 2021

Episode artwork

TVP #98: Vonu & The Second Realm [Hackers Congress 2020 w/ Smuggler, Max Hillebrand, & More]

The Vonu Podcast

On this episode of The Vonu Podcast, I release a special conversation I had with Smuggler, Max Hillebrand, & others at the Hackers Congress 58+ hour digital live event this year (2020). We began the discussion on vonu (including Smuggler’s take!), the Second Realm, shipping container TAZ’s, and much more.… The post TVP #98: Vonu & The Second Realm [Hackers Congress 2020 w/ Smuggler, Max Hillebrand, & More] appeared first on The Vonu Podcast.

1hr 1min

23 Nov 2020

Loading