The History of Money, Austrian Econ, and Bitcoin's Privacy & Scalability w/ Max Hillebrand (JWP32)
Jake Woodhouse Podcast
Hillebrand connects Austrian economics critique of Fiat inflation to Bitcoin as decentralized base money, identifying Bitcoin's privacy flaw: transparent ledger enables tracing transactions backward to creation and forward to spending. Solutions: Coin Joins (Wasabi wallet) mix inputs/outputs to obscure flows; Lightning Network routes payments off-chain. Privacy functions as cost-asymmetric defense
https://relay.towardsliberty.com/3a6887c9d754ecba30fddea75324360a381dede44ea6051a98e9e19c2e473622.mp4
Jake Woodhouse Podcast
Hillebrand connects Austrian economics critique of Fiat inflation to Bitcoin as decentralized base money, identifying Bitcoin's privacy flaw: transparent ledger enables tracing transactions backward to creation and forward to spending. Solutions: Coin Joins (Wasabi wallet) mix inputs/outputs to obscure flows; Lightning Network routes payments off-chain. Privacy functions as cost-asymmetric defense
https://relay.towardsliberty.com/3a6887c9d754ecba30fddea75324360a381dede44ea6051a98e9e19c2e473622.mp4