Less Noise, More Signal

<p><b>Welcome to Less Noise, More Signal. In a world saturated with news, hype, and endless chatter, finding clarity can seem like searching for a needle in a haystack. I have taken on this challenge and made it my mission to cut through the noise by amplifying the signal.<br></b><br></p><p><b>Who am I? I am Pascal Hügli. With a background in political philosophy, a career in investment management, and a deep expertise in Bitcoin and digital assets, I am here to explore the ideas and connections that others do not bother to see. It’s not just about finding the right answers; it’s about asking the right questions.<br></b><br></p><p><b>In each episode, I interview the most insightful thinkers in their respective fields. Every guest contributes a vital piece to the puzzle, helping us form a clearer picture of the forces shaping our world of macro, finance, and money.<br></b><br></p><p><b>Listen in as my guests and I tilt the balance from noise to signal, one podcast episode at a time. Let’s cut through the clutter and focus on what truly matters. Ready to elevate your understanding? Let’s dive in.</b></p><p><br><br></p>

The Convertible Bond Trader: "Microstrategy is making every TradFi pro pay attention to Bitcoin.”

In this conversation, Richard Byworth and Pascal Hügli delve into the innovative financial strategies employed by MicroStrategy, particularly focusing on the company's use of convertible bonds and ATMs (At-The-Market offerings) to acquire Bitcoin. They discuss the implications of these strategies on the capital markets, the risks involved, and the potential future of Bitcoin as an asset class. Byworth shares insights from his extensive background in finance, explaining how MicroStrategy's app...

11-14
49:23

The Tech-Savvy Bitcoin Cypherpunk: “I do not agree that Bitcoin has reached its full potential.”

In this conversation, Jameson Lopp and Pascal discuss the fundamental principles of Bitcoin, emphasizing its purpose of decentralization. Lopp elaborates on the role of core developers, the concept of ossification, and the potential risks associated with it, including the impact of quantum computing. The discussion also touches on the influence of institutions on Bitcoin's governance and the importance of maintaining a diverse range of contributors to ensure the protocol's resilience. Jameson...

11-07
50:08

The Venture Capitalist Nic Carter: “There’s no sector where retail gets to win forever.”

In this conversation, Pascal Huegli and Nic Carter explore the evolving landscape of crypto, focusing on the rise of stablecoins and their implications for Bitcoin. They talk about various scared cows, the crypto industry still believes in it. They discuss the cyclical relationship between Bitcoin and stablecoins, the challenges of decentralization, and the regulatory environment surrounding stablecoins. The discussion also touches on the philosophical aspects of crypto as a freedom tec...

10-31
57:24

Top-Tier Investment Strategist Lyn Alden: "I don't see a liquidity party for 2025"

In this conversation, Pascal Huegli and Lynn Alden discuss the current economic landscape, focusing on the transition from monetary to fiscal dominance, the implications of government debt and monetary debasement, and the role of Bitcoin as a potential hedge against inflation. They explore how productivity growth interacts with inflation and the significance of debt monetization in the context of central banks and commercial banks holding government debt. Furthermore, they explore what factor...

10-24
01:08:42

The Based Lawyer: “This is the worst case scenario that could happen to Coinbase”

In this conversation, Joe Carlasare and Pascal Hügli dive into how Bitcoin intersects with U.S. elections, focusing on the crucial role of fiscal stimulus and regulatory landscapes in shaping Bitcoin’s price and adoption. Joe shares his personal journey from Bitcoin skeptic to advocate, offering insights into how different political administrations could impact the future of digital assets. They also explore which U.S. presidential candidate might be more bullish for crypto, while shedding li...

10-18
58:38

The Macro Investor: "no one ever wins from war - except my portfolio“

In this episode, Spencer Hakimian from Tulu Capital and Pascal Hügli discusse the current geopolitical tensions, particularly in the Middle East, and their implications for global markets. He shares insights on investment strategies in uncertain times, the macroeconomic landscape in the US, and the roles of gold and Bitcoin as safe-haven assets. The conversation also touches on the economic situations in Japan and China, and how current easing cycles differ from past experiences.Timestamps:00...

10-10
49:38

The Bitcoin Contrarian: "Central Banks Are Not the Ultimate Evil"

In this conversation, Ansel Lindner discusses his contrarian views on central banks, money printing, and the current economic landscape. He argues that we are in a deflationary scenario rather than an inflationary one, challenging the common belief that Bitcoin serves solely as a hedge against inflation. Lindner explains the role of central banks and how they are manipulating the market - but not the way people usually think. Timestamps00:00 Introduction and Background01:45 Contrarian Views o...

10-03
44:13

The On-Chain Analyst James Check: "Trying to predict the price? You’re Doing It All Wrong!"

James Check, alias Checkmate, and Pascal Hügli dive into why understanding whether you're a trader, investor, or saver is crucial—and how knowing which "bucket" you fall into can shape your investment strategy. They break down the power of enhanced DCA and explain why following the "Sell and buy back later" crowd is a fool's errand. Plus, they reveal how Bitcoin investors can identify absolute bear market bottoms and local tops during bull runs using on-chain metrics!Timestamps:00:00 Intro02:...

09-20
56:44

The Institutional Investor: "I Remain Bullish on Bitcoin Despite an Upcoming Recession"

In this conversation, Pascal Huegli interviews Andre Dragosch, a seasoned expert in finance and crypto They discuss Andre's early experiences with Bitcoin, the current economic landscape, recession indicators, and the future of Bitcoin amidst the current macroeconomic conditions. The conversation delves into the implications of monetary policy, the significance of the Bitcoin halving, and the potential catalysts for Bitcoin's future price movement.Chapters:00:00 Intro 01:11 André's Early...

09-12
58:14

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