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.