Max Hillebrand on Praxeology and Bitcoin
Bitcoin Infinity Media
Max Hillebrand explores praxeology's foundation: human action as purposeful behavior, leading to ordinal (non-quantifiable) value theory—explaining why Gresham's Law (bad money drives good) occurs only under state coercion. Bitcoin's fixed supply creates selection for lower time preference and productive capital allocation versus fiat-induced malinvestment and overconsumption. Wasabi Wallet implem
https://relay.towardsliberty.com/4a23bc22ebe274577c1c2ffee5befb1033ffda3ac13d7999d479a424a8946dae.mp4
Bitcoin Infinity Media
Max Hillebrand explores praxeology's foundation: human action as purposeful behavior, leading to ordinal (non-quantifiable) value theory—explaining why Gresham's Law (bad money drives good) occurs only under state coercion. Bitcoin's fixed supply creates selection for lower time preference and productive capital allocation versus fiat-induced malinvestment and overconsumption. Wasabi Wallet implem
https://relay.towardsliberty.com/4a23bc22ebe274577c1c2ffee5befb1033ffda3ac13d7999d479a424a8946dae.mp4