KOL337 | Join the Wasabikas Ep. 15.0: You Don’t Own Bitcoin—Property Rights, Praxeology and the Foundations of Private Law, with Max Hillebrand
Kinsella On Liberty
Stephan Kinsella applies Austrian economics and praxeological theory to Bitcoin: property rights govern only scarce goods. You don't own private keys (information is non-scarce), only the ability to spend coins. Money solves the double-coincidence-of-wants problem; Bitcoin creates rivalrous scarcity through consensus rules enforced by network participants.
https://relay.towardsliberty.com/eb5af22c6a6f28002515a5ddc1279989e6f28a56abf1e978a626f7ec70751a0c.mp3
Kinsella On Liberty
Stephan Kinsella applies Austrian economics and praxeological theory to Bitcoin: property rights govern only scarce goods. You don't own private keys (information is non-scarce), only the ability to spend coins. Money solves the double-coincidence-of-wants problem; Bitcoin creates rivalrous scarcity through consensus rules enforced by network participants.
https://relay.towardsliberty.com/eb5af22c6a6f28002515a5ddc1279989e6f28a56abf1e978a626f7ec70751a0c.mp3