Stephan Kinsella joins the Bitcoin Infinity Show to talk about why you can’t legally own Bitcoin, what the difference between ownership and possession means for self-custody, and whether the July 2026 Coldcard hack was really theft. Knut and Stephan dig into Austrian economics, libertarian contract theory, why fractional reserve banking is harder on a Bitcoin standard, and how Bitcoin could limit the state’s ability to borrow and tax. They also look back at the Property and Freedom Society’s 20th anniversary in Bodrum, Murray Rothbard’s centennial, Hans-Hermann Hoppe’s split with the Mises Institute, and their Austrian economics panel at BTC HEL in Helsinki.
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The Bitcoin Infinity Show is a Bitcoin podcast hosted by Knut Svanholm.
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00:00 Introduction
05:38 PFS at 20 Years
11:12 Finnish Sauna Culture
14:58 Health Trends and Bitcoin Culture
20:12 Helsinki and BTCHel
26:46 Meeting Finland's Economics Minister
31:59 Austrian Economics at BTCHel
38:40 What Makes PFS Different
46:32 Possession, Ownership and Bitcoin
54:14 Legal Rights and Natural Law
01:02:32 Contracts, Consent and Promises
01:12:52 Can You Own a Satoshi?
01:19:46 Bitcoin Risk and Diversification
01:30:11 Property, Information and Theft
01:41:28 Exploits, Ethics and Responsibility
01:45:42 Privacy, Taxation and Sovereignty
01:51:13 Can Bitcoin Be Money?
01:57:04 Libertarian Movement Splits
02:05:29 Independent Mises Institutes
02:09:43 Closing Thoughts