Eric Voskuil on Libbitcoin, Cryptoeconomics Book & Austrian Economics
Eric Voskuil is best known in the Bitcoin space as the co-founder and lead maintainer of Libbitcoin, the second oldest alternative Bitcoin client since Satoshi Nakamoto's Bitcoin-qt. But more recently, he has put work into his book "Cryptoeconomics" and started organizing conferences to promote his understanding of Austrian economics. To him, economics is axiomatic – meaning that it's not subjected to personal interpretation and its laws should apply the same way in all conditions. Aside from being a C++ master, Voskuil also holds some opinions that may sound blasphemous to some bitcoiners. He is a true free thinker who never seems to be afraid of challenging the norms and questioning the status-quo. Voskuil's theory about production and capital stands as an oasis of reason in a sea of HODL likemindedness, his lunar fallacy may trigger lots of S2F enthusiasts, and his views on the quality of Satoshi Nakamoto's code may outrage some fundamentalist fellows. For more information, read about this interview and check out the full transcript on the Bitcoin Takeover website: https://bitcoin-takeover.com/s5-e8-er... You'll also find the episode on iTunes and Spotify. ––––––––––––––––––––––––––––––––––––––––––––––––– Donate BTC to the following address, and 50% of the funds will be redirected to the Libbitcoin Institute: 37nX7bTUYZK3dJAWHNKJKqxUEp44b9j2ty For Lightning Network donations, use Tippin: https://tippin.me/@TheVladCostea If you'd like to have your donations included in the Hall of Patrons, then please e-mail me at bitcointakeover [at] protonmail [dot] com or DM me on Twitter. And if you'd rather send fiat, use Patreon: / bitcointakeover ––––––––––––––––––––––––––––––––––––––––––––––––– 00:47 – Intro 02:00 – For how long has Eric Voskuil worked on Libbitcoin? 04:00 – Why are Bitcoin repository ports created? 6:30 – Breakthroughs made by Libbitcoin 12:10 – Eric Voskuil’s more advanced activity in Bitcoin 15:43 – Performance optimization 20:51 – Satoshi Nakamoto wasn’t a professional programmer 25:15 – Is Eric Voskuil a computer scientist or an economist? 28:10 – Austrian economics 29:30 – Credit and economic production 33:25 – Misean economics as an axiomatic system 38:54 – S2F (Stock to Flow) is not Austrian 42:20 – Price cannot be proven economically 44:01 – The value proposition of Bitcoin as money 44:27 – Why store of value is subjective 45:53 – Lunar fallacy 48:50 – Eric Voskuil’s Cryptoeconomics 50:52 – The Cryptoeconomics books 52:43 – Musing over censorship resistance for a year 54:15 – Economic rational explanation for censorship resistance 56:40 – James Chang’s contributions to the Cryptoeconomics book 59:20 – Cryptoeconomics vs The Bitcoin Standard 1:02:00 – Combining Libbitcoin and Cryptoeconomics 1:06:54 – Bitcoin took years to understand 1:09:20 – Bitcoin security 1:14:16 – Why Trezor offers the best security 1:22:37 – CB750 break pedal 1:24:20 – Is hyperbitcoinization possible? 1:26:38 – Cryptoeconomics on Amazon? 1:27:46 – Improving Bitcoin Privacy 1:29:34 – Take-aways from Vietnam conference 1:33:17 – What happens to Bitcoin if the internet gets regionalized? 1:34:49 – Why the Blockstream Satellite doesn’t solve problems 1:38:56 – The US government as a threat model 1:40:52 – Resilience vs privacy 1:42:37 – Outlawing Bitcoin development threatens devs? 1:51:44 – Bitcoin is not a gambling device 1:53:40 – Libbitcoin institute donations
