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/breedlove Wasabi 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.com Carnivore 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/breedlove22 Sats via Tippin.me: https://tippin.me/@Breedlove22 Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove Dollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2 The "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/Breedlove22 WiM? Twitter: https://twitter.com/WhatisMoneyShow LinkedIn: https://www.linkedin.com/in/breedlove22/ Instagram: https://www.instagram.com/breedlove_22/ TikTok: https://www.tiktok.com/@breedlove22 All My Current Work: https://vida.page/breedlove22