Max Hillebrand joins the Bitcoin Infinity Show to talk about his new book The Praxeology of Privacy and why privacy sits at the foundation of sound money, self-custody, and the entire cypherpunk project. The conversation traces the prehistory of Bitcoin from David Chaum's anonymous eCash through Hal Finney's proof of work, explains how surveillance distorts prices the same way money printing does, and digs into the tools that make resistance cheap, including CoinJoin, the Lightning Network, and the new White Noise messaging protocol over Noster. Along the way Max makes the case that defending your privacy is far cheaper than attacking it, and that widespread Bitcoin adoption paired with strong privacy could end financial coercion faster than most people think.

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The Bitcoin Infinity Show is a Bitcoin podcast hosted by Knut Svanholm and produced by Luke de Wolf.

#bitcoin #freedom #podcast #philosophy #sovereignty

00:00 Welcoming Max
01:14 The Praxeology of Privacy
04:39 The Properties of Money
11:11 Hodling vs Saving and Capital Allocation
14:29 Cryptography and Large Numbers
20:11 The Importance of Privacy
21:09 Privacy as a Core Human Right and Action Axiom
25:02 Free Will, Determinism, and Human Action
30:08 Book Recommendations
32:42 The Foundations of Privacy in Human Action
39:12 Cost Asymmetries and the OODA Loop
41:01 The Development of Digital Cash and Decentralized Money
42:53 The OODA Loop and Privacy in Defense Strategies
44:15 Tools for Privacy: Tor, CoinJoin, and Mixnets
48:48 The Axiom of Resistance
56:00 The Power of Individual Action and Resistance
57:46 Mises and the Nazis
01:03:04 The History of the Cypherpunks
01:14:34 Bitcoin and Privacy
01:18:03 Cypherpunk Tools
01:23:33 PGP, Encryption, and White Noise
01:34:34 Tools for Bitcoin Privacy
01:46:51 Wrapping Up