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Navigating Bitcoin's Noise
Navigating Bitcoin's Noise
Author: Kane McGukin
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© Copyright Kane McGukin
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Navigating Bitcoin's Noise is a podcast dedicated to bridging the gap between traditional financial markets and crypto markets. In each episode, I look to discuss how monetary technologies like Bitcoin and other cryptocurrencies are evolving the underlying rails of the existing financial system.
75 Episodes
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Welcome to Navigating Bitcoin’s Noise—the show where we cut through the clutter and bring you the clearest insights on Bitcoin.I’m your host, Kane McGukin, and today I’m joined by Pierre Rochard, long-time Bitcoiner and builder whose path runs from Wall Street securitization to Kraken, Riot, and now founding the Bitcoin Bond Company. In this episode, Pierre breaks down the emerging market for Bitcoin-backed notes. We discuss how private credit and declining volatility set the stage for a true Bitcoin yield curve, and what ETFs, custody choices, and KYC/AML realities mean for adoption.We also dig into stablecoins like Tether and their role in dollarization abroad and how that liquidity ultimately strengthens Bitcoin’s financial plumbing.Pierre Rochard: https://x.com/BitcoinPierre Nakamoto Institute: https://nakamotoinstitute.org/ Kane McGukin: https://kanemcgukin.substack.com/ and https://x.com/kanemcgukin
America’s global power has always been built on controlling networks, money, trade, and communication. But today, those networks are under attack. China’s Belt & Road is building a parallel system, Stablecoins are being weaponized as tools of financial repression, and Bitcoin is emerging as a strategic asset that could flip global finance.Add AI-driven narrative warfare, and we’re entering a battle between centralized control, the Tower and decentralized freedom, the Square. Today, Matthew Pines and I unpack how America’s monetary tech stack is being rebuilt; before it’s too late.Kane McGukinX: https://twitter.com/kanemcgukin kanemcgukin.substack.com Matthew PinesX:https://x.com/matthew_pineshttps://www.btcpolicy.org/https://www.btcpolicy.org/articles/a-global-economic-reordering-us-china-competition-and-bitcoin-as-tool-of-us-statecraft
Welcome to Navigating Bitcoin’s Noise, the podcast where we cut through the clutter and bring you the clearest insights on Bitcoin. I’m your host, Kane McGukin, and today I’m joined by a former astrophysicist turned Bitcoiner, Stephen Perrenod. In this episode, Stephen walks through the math behind Bitcoin’s power law and shares his views on the emergence of the world’s first money backed by energy. If you’re tired of hype and unreliable price predictions but want to understand Bitcoin from a first-principles lens, this episode is for you. So, sit back, relax, and let’s get started.Kane McGukinX: https://twitter.com/kanemcgukin kanemcgukin.substack.com Stephen PerrenodX:https://x.com/moneyordebtSubstack: https://stephenperrenod.substack.com/
Welcome to Navigating Bitcoin’s Noise, the podcast where we cut through the clutter and bring you the clearest insights on Bitcoin. I’m your host, Kane McGukin, and today I’m joined by fellow investor, macro thinker, and data modeler Matthew Mežinskis. In this episode, I talk with Matthew about how Bitcoin may follow a power law curve — not just in price, but in adoption and global liquidity impact. We dive into the models behind exponential vs. proportional growth. Plus, we explore what global liquidity really means and how investors can position themselves for what’s coming. If you’re trying to understand Bitcoin’s place in the global financial system and where the capital flows next, you’re in the right place. So, sit back, relax, and let’s get started. Kane McGukinX: https://twitter.com/kanemcgukin kanemcgukin.substack.com Matthew MežinskisX: https://x.com/1basemoneyporkopolis.io/topmoney
Welcome to Navigating Bitcoin’s Noise, the podcast where we cut through the clutter and bring you the clearest insights on Bitcoin. I’m your host, Kane McGukin, and today I’m joined by artist, builder, and Bitcoin thinker, Simple Steve.In this episode, I talk with Steve about his project UTXO Oracle and the deeper implications of price discovery in Bitcoin. We explore why exchange-based pricing is fundamentally flawed, how Bitcoin offers a more transparent and decentralized alternative, and what it means to truly see price emerge from the network itself.Steve shares how his visualizations and tools help strip away noise, offering a way to observe Bitcoin as the foundational layer of a truly free market—where price isn't dictated, but discovered.If you’re curious about how Bitcoin redefines value, data transparency, and economic trust, this episode is for you. So sit back, relax, and let’s get started.Kane McGukin X: https://x.com/kanemcgukinSubstack: kanemcgukin.substack.com Simple Steve X: https://x.com/SteveSimple UTXOrcale: https://utxo.live/oracle/
Welcome to Navigating Bitcoin’s Noise, the podcast where we cut through the clutter and bring you the clearest insights on Bitcoin. I’m your host, Kane McGukin, and today I’m joined by Sina from 21st Capital.In this episode, we dive into the power law dynamics driving Bitcoin’s growth and the critical inflection points ahead. I sit down with Sina from 21st Capital to explore why Bitcoin’s network behaves like a black hole for monetary value, how power laws explain acceleration and collapse, and why innovation beyond "store of value" is essential for Bitcoin’s future. We unpack the risks of centralization, the role of data in navigating volatility, and what history teaches us about unstoppable systems.If you’re looking to better understand Bitcoin’s past, and its future as a global economic network, you’re in the right place. So, sit back, relax, and let’s get started.Kane McGukinX: https://x.com/kanemcgukin Substack: kanemcgukin.substack.comSinaX: https://x.com/sina_21st21st Capital: https://21stcapital.com/bi/
Welcome to Navigating Bitcoin’s Noise, the podcast where we cut through the clutter and bring you the clearest insights on Bitcoin. I’m your host, Kane McGukin, and today I’m joined by fellow investor, Bitcoiner, and soon to be author Lawrence Lepard. In this episode, I talk with Larry about his upcoming book, The Big Print. We dive into his motivation for sharing the story of sound money, the importance of truth in financial assets, and how he believes Bitcoin offers a solution to our shared view of a broken monetary system. Plus, we explore how these ideas shape our modern world and how you can protect your wealth. If you’re looking to better understand Bitcoin’s past, and its future as a global economic network, you’re in the right place. So, sit back, relax, and let’s get started.Kane McGukinX: https://x.com/kanemcgukin Substack: kanemcgukin.substack.comTwitter: https://twitter.com/LawrenceLepardhttps://www.ema2.com/Quarterly Letters: https://www.ema2.com/quarterly-letters
Welcome to Navigating Bitcoin’s Noise, the podcast where we cut through the clutter and bring you the clearest insights on Bitcoin. I’m your host, Kane McGukin, and today I’m joined by fellow financial advisor Morgen Rochard. In this episode, we dive into Bitcoin’s role in traditional portfolios, the importance of balancing long-term and short-term investment perspectives, and how the principles of faith shape both Bitcoin and our relationship with money. If you’re looking to better understand Bitcoin’s past, and its future as a global economic network, you’re in the right place. So, sit back, relax, and let’s get started. Kane McGukinX: https://x.com/kanemcgukin Substack: kanemcgukin.substack.comMorgen RochardX: https://x.com/MorgenRochardOrigin Wealth Advisors: https://www.originwa.com/
Welcome to Navigating Bitcoin's Noise, the podcast where we cut through the clutter and bring you the most insightful perspectives in the world of Bitcoin. I'm your host, Kane McGukin, and today we will be discussing using Bitcoin in conjunction with the traditional ACH network with Brian Harrington of Fold.In our conversation, we discussed the advantage of having access to Bitcoin and dollars side by side. Allowing users to enjoy the benefits of Bitcoin and the ease of paying for everyday life with dollars. If you want to better understand Bitcoin’s past and future potential as an economic network, this is the episode for you. So, sit back, relax, and let’s dive in. Kane McGukinX: @kanemcgukinkanemcgukin.substack.comBrian HarringtonX: @BrainHarringtonFold: https://foldapp.com/
Welcome to Navigating Bitcoin's Noise, the podcast where we cut through the clutter and bring you the most insightful perspectives in the world of Bitcoin. I'm your host, Kane McGukin, and today we will be discussing Multisig with Svrgnty.In our conversation, we discussed the value and security of a multisig setup and how it can be done at the individual level.If you’re looking to better understand Bitcoin’s past and future potential as an economic network, this is the episode for you. So, sit back, relax, and let’s dive in. Kane McGukinX: https://twitter.com/kanemcgukinkanemcgukin.substack.comSvrgntyX: https://x.com/svrgntyhttps://svrgnty.com/Bitcoin Node post: https://x.com/svrgnty/status/1713977979766780201
Welcome to Navigating Bitcoin's Noise, the podcast where we cut through the clutter and bring you the most insightful perspectives in the world of Bitcoin. I'm your host, Kane McGukin, and today we have Riley Edmunds, co-founder of Stride Labs.In our conversation, we discuss Riley’s time at Bridgewater Associates, DeFi protocols, the choices and tradeoffs staking creates, and why Venture Capitalists find comfort in these models. Additionally, we discuss how regulation could help provide clarity for this part of the marketIf you’re looking to gain a better understanding of Bitcoin’s past, and its future potential as an economic network, then this is the episode for you. So, sit back, relax, and let’s dive in. Kane McGukinX: https://twitter.com/kanemcgukinkanemcgukin.substack.comRiley EdmundsX: https://twitter.com/stride_zonehttps://www.stride.zone/
Welcome to Navigating Bitcoin's Noise, the podcast where we cut through the clutter and bring you the most insightful perspectives in the world of Bitcoin. I'm your host, Kane McGukin, and today we have a fascinating conversation with Timothy Peterson, founder of Cane Island Digital Research.In our conversation we dissect the upside and downside of Bitcoin, explore the Kelly Criteria, and the secrets behind real wealth. Additionally, we delve into the application of MetCalfe's Law as a Bitcoin valuation tool and we discuss the influential power of large networks. If you’re looking to gain a better understanding of Bitcoin’s past, and its future potential as an economic network, then this is the episode for you. Kane McGukinX: https://twitter.com/kanemcgukinkanemcgukin.substack.comTimothy PetersonX: https://twitter.com/nsquaredcryptohttps://www.cane-island.digital/
Welcome to Navigating Bitcoin’s Noise, the podcast where we cut through the clutter and bring you the most insightful perspectives in the world of Bitcoin. I’m your host, Kane McGukin, and today is a monthly Bitcoin update with Trey Sellers from Unchained. In this month's brief, we discuss the fundamental keys from this past year and we cover Bitcoin’s 2024 outlook.If you’re looking to gain a better understanding of Bitcoin’s past, and its future potential as an economic network, then this is the episode for you. So, sit back, relax, and let’s dive into the world of Bitcoin.Kane McGukinTwitter: https://twitter.com/kanemcgukin kanemcgukin.substack.comTrey SellersTwitter: https://twitter.com/ts_hodlUnchained: https://unchained.com/https://treysellers.com/
Welcome to Navigating Bitcoin’s Noise, the podcast where we cut through the clutter and bring you the most insightful perspectives in the world of Bitcoin.I’m your host, Kane McGukin, and today I have special guest, Jogi for an update on Bitcoin’s adoption curve.In this episode, we explore Jogi's Bitcoin Price to Trend metric, a valuation tool for Bitcoin. We delve into Bitcoin's exponential growth and its correlation with statistics power law. Additionally, Jogi draws parallels between Bitcoin's doubling pattern and his past experience with bacteria growth.If you’re looking to gain a better understanding of Bitcoin’s past, and its future potential as an economic network, then this is the episode for you. So, sit back, relax, and let’s dive into the world of Bitcoin with Trey Sellers on Navigating Bitcoin’s Noise. Kane McGukinTwitter: https://twitter.com/kanemcgukin kanemcgukin.substack.com JogiTwitter: https://twitter.com/proofofjogihttps://www.bitcoinpricetrend.com/
Welcome to Navigating Bitcoin’s Noise, the podcast where we cut through the clutter and bring you the most insightful perspectives in the world of Bitcoin.I’m your host, Kane McGukin, and today I have special guest, Trey Sellers from Unchained. In this episode, we dive deep into the recent Financial Standard Board’s (FASB) accounting update for Bitcoin held on the balance sheet. With this ruling, Bitcoin can be accounted for in a similar manner to other assets. Additionally, we get an update from Trey on current Bitcoin hashrate.If you’re looking to gain a better understanding of Bitcoin’s past, and its future potential as an economic network, then this is the episode for you. So, sit back, relax, and let’s dive into the world of Bitcoin with Trey Sellers on Navigating Bitcoin’s Noise.Kane McGukinTwitter: https://twitter.com/kanemcgukin kanemcgukin.substack.comTrey SellersTwitter: https://twitter.com/ts_hodlUnchained: https://unchained.com/https://treysellers.com/
Welcome to Navigating Bitcoin’s Noise, the podcast where we cut through the clutter and bring you the most insightful perspectives in the world of Bitcoin.I’m your host, Kane McGukin, and today I have a special guest, Eric Yakes, author of The 7th Property.In this episode, we dive deep into the intriguing intersection of Bitcoin, banking, and politics as we try to unravel the potential value Bitcoin holds for the future. We explore options for a more independent monetary system that offers greater financial freedom and choice, with less government control.In the discussion, we also look at custody options, pinpoint where centralization is and isn’t needed, and seek to understand what an optimal monetary ecosystem could look like. There are shades of trust, ideals of free banking, and aspects of FinTech all bundled into one.If you’re looking to gain a better understanding of Bitcoin’s past, and its future potential as an economic network, then this is the episode for you. So, sit back, relax, and let’s dive into the world of Bitcoin with Eric Yakes on Navigating Bitcoin’s Noise.Kane McGukinTwitter: https://twitter.com/kanemcgukinSubstack: https://kanemcgukin.substack.com/Eric YakesTwitter: https://twitter.com/ericyakesWeb: https://yakes.io/7th Property: https://yakes.io/book/
Welcome to Navigating Bitcoin’s Noise, the podcast where we cut through the clutter and bring you the most insightful perspectives in the world of Bitcoin.I’m your host, Kane McGukin, and today I have special guest, CEO of Barefoot Mining, Bob Burnett.In this episode, we draw intriguing parallels between the early stages of base layer innovations like Bitcoin and the advent of computers. Bob sheds light on the intricacies of being a public company and shares valuable insights into the challenges public miners may encounter. Additionally, we steer our discussion towards block space and its potential impact on Bitcoin fees. We explore the nuances of how it could shape the landscape of transactions. If you’re looking to gain a better understanding of Bitcoin’s past, and its future potential as an economic network, then this is the episode for you. Kane McGukinTwitter: https://twitter.com/kanemcgukinSubstack: https://kanemcgukin.substack.com/Bob Burnetthttps://www.barefootmining.com/https://twitter.com/boomer_btc
Welcome to Navigating Bitcoin’s Noise, the podcast where we cut through the clutter and bring you the most insightful perspectives in the world of Bitcoin.In this monthly update, we discuss the flurry of ETF filings led by Blackrock, Coinbase’s role as the surveillance arm, and the potential impact of locking up Bitcoin in Trusts and ETFs. We also get an update on HODL Waves, how this bear market compares to the typical, and TD Ameritrade’s report and positive words on Bitcoin.If you’re looking to gain a better understanding of Bitcoin’s past, and its future potential as an economic network, then this is the episode for you. So, sit back, relax, and let’s dive into the world of Bitcoin with Trey Sellers on Navigating Bitcoin’s Noise.Kane McGukinTwitter: https://twitter.com/kanemcgukin kanemcgukin.substack.comTrey SellersTwitter: https://twitter.com/ts_hodlUnchained: https://unchained.com/https://treysellers.com/
Welcome to Navigating Bitcoin’s Noise, the podcast where we bridge the gap between traditional finance and Bitcoin. I’m your host Kane McGukin and today I’m joined by Bitcoin speaker and entrepreneur Aleksandar Svetski. In this episode, we dive into appreciating that Bitcoin is bigger than we realize meaning that adoption likely takes longer than we think. We also discuss the psychology of winning the Bitcoin game, the maturation of Bitcoin’s ecosystem, and Aleksander’s Bitcoin Times which is an annual collection of Bitcoin essays. If you’re looking to gain a better understanding of Bitcoin’s past, and its future potential as an economic network, then this is the episode for you. So, sit back, relax, and let’s dive into the world of Bitcoin.Kane McGukinTwitter: https://twitter.com/kanemcgukin kanemcgukin.substack.com Aleksandar SvetskiTwitter: https://twitter.com/SvetskiWriteshttps://linktr.ee/svetski
Welcome to Navigating Bitcoin’s Noise, the podcast where we bridge the gap between traditional finance and Bitcoin.I’m your host Kane McGukin and today I’m joined by Jesse Myers, COO at Onramp Bitcoin. In this episode, we dive deep into the lessons free market money and gold can teach us about Bitcoin, the importance of protocols for creating standards and rules for delivering value and the power of scarcity.If you’re looking to gain a better understanding of Bitcoin’s past, and its future potential as an economic network, then this is the episode for you. So, sit back, relax, and let’s dive into the world of Bitcoin with Jesse Myers on Navigating Bitcoin’s Noise. Kane McGukinTwitter: https://twitter.com/kanemcgukin kanemcgukin.substack.comJesse MyersTwitter: https://twitter.com/Croesus_BTChttps://www.onceinaspecies.com/www.onrampbitcoin.com























