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Kinsella on Liberty Podcast: Episode 410.
This is my appearance on Robert Breedlove’s What Is Money podcast, Ep. 6 (WiM303) (Youtube channel). This is Ep. 6 of the “Stephan Kinsella Series” (released April 21, 2023).
From Robert’s Episode notes:
EPISODE SUMMARY
Stephan Kinsella joins me to continue our discussion about the book “A Theory of Socialism and Capitalism: Economics, Politics, and Ethics” by Hans-Hermann Hoppe. We discuss the impact of incentive schemes on productivity, the fake communism of the USSR, modern-day slavery, and why Bitcoin is the ultimate solution to centralization.
EPISODE NOTES
Stephan Kinsella joins me to continue our discussion about the book “A Theory of Socialism and Capitalism: Economics, Politics, and Ethics” by Hans-Hermann Hoppe. We discuss the impact of incentive schemes on productivity, the fake communism of the USSR, modern-day slavery, and why Bitcoin is the ultimate solution to centralization.
// OUTLINE //
00:00:00 – Coming up
00:01:25 – Intro
00:02:59 – Helping Lightning Startups with In Wolf’s Clothing
00:03:45 – A Theory of Socialism and Capitalism by Hans-Hermann Hoppe
00:03:59 – Historical Examples of Capitalist vs. Socialist Incentives
00:08:05 – The Fake Communism of the USSR
00:09:56 – The Impact of Incentive Schemes on Productivity
00:15:33 – Property Rights are the Key Incentives of a Productive Economy
00:19:42 – How Political Risk Influences Investments and Productivity
00:22:57 – Pros and Cons of International Treaties
00:26:02 – Bitcoin as a Neutral International Settlement Layer
00:28:13 – The Importance of Treaty Obligations and International Law
00:30:32 – Secure Your Bitcoin Stash with The iCoin Hardware Wallet
00:31:27 – Take Control of Your Healthcare with CrowdHealth
00:32:29 – A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet
00:33:22 – Public vs. Private Means of Production
00:36:04 – Private Slavery vs. Public Slavery
00:38:48 – Modern-Day Slavery
00:44:03 – How to Remove the Shackles of Slavery
00:48:47 – The Natural Law vs. The Fake Law
00:51:46 – Every Law Should Have an Expiration Date
00:53:48 – A Chance to Win Discounted Tickets to the Bitcoin 2023 Conference and 10M SATS
00:54:43 – Hold Bitcoin in the Most Secure Custody Model with Casa
00:55:31 – Can We Return to the Common Law?
00:57:51 – The Case Against Democracy
00:58:54 – How did the U.S. Shift from a Constitutional Republic to a Democracy
01:06:56 – A Movement towards Centralization and Back to Decentralization
01:12:00 – The Case of The Abortion Law in the U.S.
01:13:40 – The Role of the Federal Reserve in Centralization
01:20:22 – Where to Find Stephan’s Work
