Praxeology: The Study of Human Action with Knut Svanholm (WiM332)

Knut Svanholm joins me to discuss the nature of human action, what is money, the inadequacy of our language, and the incentives of Bitcoin. Knut Svanholm is an author, former tall ship sailor, singer, and crew manager at an offshore shipping company. // GUEST // Twitter: https://twitter.com/knutsvanholm Website: https://www.knutsvanholm.com/ Books: https://www.amazon.com/stores/author/B087WQ4H28// SPONSORS // In Wolf's Clothing: https://wolfnyc.com/iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/Gold Investment Letter: https://www.goldinvestmentletter.com/CrowdHealth: https://www.joincrowdhealth.com/breedloveWasabi Wallet: https://wasabiwallet.io/Casa (use discount code BREEDLOVE): https://keys.casa/Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.comCarnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/// OUTLINE // 00:00:00 - Coming up 00:01:04 - Intro 00:02:37 - Helping Lightning Startups with In Wolf's Clothing 00:03:23 - Introducing Knut Svanholm 00:04:05 - The Inspiration behind Knut's New Book 00:05:48 - The Relationship of Science with Empiricism and Rationalism 00:07:13 - The 'Men Must Act' Axiom 00:09:26 - The Conflict of Purpose and How Bitcoin Neutralizes It 00:13:18 - The Assumptive Foundations of Mathematics 00:15:27 - Bitcoin: Where Map Defines the Territory 00:17:56 - Bitcoin is Dependent upon Human Act 00:21:00 - The Distinction between Hodling and Saving 00:24:35 - The Inadequacy of Language 00:26:45 - Identifying the Data on the Time Chain 00:29:45 - Defining Purpose and Its Relation to Tools 00:33:47 - Action Based on Subjective Valuation 00:37:08 - How Money Redefines Our Rationality and Language 00:39:22 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 00:40:19 - Maximize Your Profits with Gold Investment Letter 00:41:15 - Take Control of Your Healthcare with CrowdHealth 00:42:17 - The Flaw in our System 00:44:32 - Decreased Rational Argument and Increased Physical Confrontation 00:46:24 - Modern Civilization is a Result of Free Market 00:48:56 - The Moral Dimension of Human Existence 00:52:24 - The Significance of Property Rights 00:54:44 - Fiat Money Breaks The World 00:57:45 - How Bitcoin Redefine Regulation 00:59:52 - The Incentives of Fiat Money 01:01:50 - Corruption of Money and its Correlation with Bitcoin 01:07:55 - How the Game We’re Playing Leads to Character Development 01:10:00 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 01:10:52 - Hold Bitcoin in the Most Secure Custody Model with Casa 01:11:40 - Gradual Transition into the Bitcoin Game 01:14:51 - The Purpose of Toxicity in Bitcoin Adoption 01:17:54 - The Relation between Economic Incentives and Love 01:20:18 - The Economic Incentives between Bitcoiners 01:24:25 - Defining Counterfeiting and its Consequences 01:28:32 - Government: the Ultimate Counterfeiting Agency 01:30:01 - There is no Free Lunch 01:34:45 - The Connection of Money and Reality 01:36:15 - The Takeaways of Today's Discussion 01:38:42 - Where to Find Knut's Work// PODCAST //Podcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast...Spotify: https://open.spotify.com/show/25LPvm8...RSS Feed: https://feeds.simplecast.com/MLdpYXYI// SUPPORT THIS CHANNEL // Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101// WRITTEN WORK // Medium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com// SOCIAL // Breedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22All My Current Work: https://vida.page/breedlove22