I talk with Hubertus Hofkirchner, an economist and entrepreneur from Austria.  Hubertus hosts the monthly Austrian Economics Salon at Vienna's Hayek Institute and he shares some fascinating insight into the nature of base money and credit money, how we can understand these from a Bitcoin and Austrian economics perspective as well as what he sees as the next step for growing the Bitcoin circular economy. Hubertus is a key figure in developing the Bitcredit Protocol, an open-source initiative focussed on building a flexible credit money layer on top of Bitcoin for enabling businesses to finance working capital needs, using bills of exchange, e-cash, and the proof of the work of the real economy. ‍--- Connect with The Transformation of Value X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://x.com/TTOVpodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Nostr at: npub1uth29ygt090fe640skhc8l34d9s7xlwj4frxs2esezt7n6d64nwsqcmmmu Or send an email to [email protected] and I will get back to you! --- Support The Transformation of Value: Bitcoin tip address: bc1qlfcr2v73tntt6wvyp2yu064egvyeery6xtwy8t Lightning tip address: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected] If you send a tip please email or DM me so I can thank you! --- Credits: Music by Simon James French - ⁠⁠⁠https://www.simonjamesfrench.com/⁠⁠⁠ --- Links: Bitcredit Protocol - https://www.bit.cr/ Hubertus on X - https://x.com/HubertusVIE The Theory of Money and Credit by Ludwig von Mises - https://www.goodreads.com/book/show/154246.The_Theory_of_Money_and_Credit Denationalisation of Money by⁠ Friedrich A. Hayek⁠ - https://www.goodreads.com/book/show/2833576-denationalisation-of-money--the-argument-refined