Less Noise, More Signal
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.
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.
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.
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.
Episodes
83 episodes
Brent Johnson on what everyone is missing about stablecoins
In this conversation, Pascal Hugli and Brent Johnson discuss the multifaceted role of money, particularly focusing on stablecoins and their implications for the US dollar and global economy. They explore the intersection of money, power, and so...
•
Episode 85
•
58:27
Here’s what proper execution looks like as a crypto trader
In this conversation, Pascal Hugli and Jordan Permabull, the founder of Levolytics, discuss the critical importance of execution over analysis in trading, particularly in the volatile crypto market. Jordan shares his journey into the crypto spa...
•
Episode 84
•
55:33
Charles Edwards: Bitcoin's Headwinds and the Quantum Threat
In this conversation, Pascal Huegli and Charles Edwards talk about the current Bitcoin market, how to navigate drawdowns and the role of Bitcoin Treasury Companies. Furthermore, they delve into the imminent threat posed by quantum computing to ...
•
Episode 83
•
1:02:21
Jordi Visser on how Artificial Intelligence is the new QE
In this conversation, Jordi Visser and Pascal Hügli discuss the transformative impact of artificial intelligence on the financial landscape, particularly in relation to Bitcoin. Jordi argues that AI represents a new form of quantitative easing,...
•
Episode 82
•
58:01
Murad Mahmudov on AI, Inequality, and the Future of Crypto
In this conversation, Pascal Huegli and Murad Mahmudov discuss the evolving landscape of cryptocurrency, focusing on the interconnectedness of global trends such as AI, inequality, and the potential for Universal Basic Income (UBI). They emphas...
•
Episode 81
•
54:10
The Truth About Bitcoin, Gold & Liquidity (w/ Michael Nadeau)
In this conversation Michael Nadeau and Pascal Hügli share insights into the unique characteristics of Bitcoin, the dynamics of the crypto market, and the importance of liquidity and macroeconomic factors. They discuss investment strategies, th...
•
56:48
What everyone gets wrong about the current repo market
In this conversation, Pascal Huegli and Lighthouse Macro (Bob Sheehan) discuss the current state of funding and treasury markets, emphasizing the importance of liquidity and the systemic risks posed by regional banks. He highlights the impact o...
•
Episode 80
•
1:00:50
Infranomics: Why the U.S. Dollar Is Losing Its Power
In this conversation, Pascal Hugli and Robert, also known as Infra, share his journey from a nerdy childhood focused on medicine to becoming a macroeconomic enthusiast. He discusses the complexities of macroeconomics, the significance of bond a...
•
1:17:53
Jamie Coutts: Global liquidity has been slower than expected - Is it changing now?
In this conversation, Pascal Huegli and Jamie Coutts discuss the current state of the cryptocurrency market, focusing on Bitcoin's price dynamics, demand factors, and the influence of liquidity and economic growth. They analyze the role o...
•
Episode 63
•
48:57
Ben Kizemchuk: Bank reserves are now scarce. Expect high volatility
In this conversation, Pascal Huegli and Ben Kizemchuk discuss the current state of equity markets, focusing on volatility, the implications of the VIX, and the behavior of 'garbage stocks.' They explore the financial plumbing of the U.S. system...
•
Episode 62
•
1:31:57
How to benefit from digital credit powered by Bitcoin!
In this conversation, Pascal Huegli and Johan Bergman discuss their journey into Bitcoin, the investment strategies of Michael Saylor, and the intricacies of convertible debt and preferred equity in relation to Bitcoin investments. They emphasi...
•
Episode 61
•
1:20:58
Trader legend Willy Woo: A 80% Bitcoin drawdown again is possible
In this conversation, Pascal Huegli and Willy Woo discuss his journey in the Bitcoin space, the dynamics of market cycles, and the importance of liquidity. He delves into the four-year cycle of Bitcoin, the role of treasury companies, and the b...
•
1:07:11
How your house can help you get ONE Bitcoin
In this conversation, Pascal Hugli with Joe Consorti and Smeet Bhatt, co-founders of Horizon, discuss the innovative financial product Horizon, which allows homeowners to tap into their home equity to invest in Bitcoin. They explain the mechani...
•
Episode 61
•
52:54
Market analyst Caleb Franzen: A key risk going forwards is interest rate volatility
In this conversation, Pascal Huegli and Caleb Franzen discuss their background in wealth management and the founding of Cubic Analytics. They delve into macroeconomic trends, particularly focusing on inflation, monetary policy, and the dynamics...
•
41:07
Macro economist Henrik Zeberg: The largest bubble ever is about to pop
In this conversation, Pascal Hugli and Henrik Zeberg discuss the current economic landscape, emphasizing the inevitability of economic cycles and the importance of leading indicators in predicting recessions. They critique the notion that 'this...
•
Episode 68
•
43:02
Trader legend Benjamin Cowen: All cycles ended after THIS happened
In this conversation, Pascal Hugli and Benjamin Cowen delve into the current state of the cryptocurrency market, focusing on Bitcoin's support levels, historical trends, and the implications of September seasonality. They discuss investment str...
•
Episode 67
•
50:26
Glassnode co-founder: The real bitcoin top was in July
In this conversation, Pascal Hugli and Yann Allemann, co-founder of Glassnode and SwissBlock, discuss the current market environment for Bitcoin and altcoins, emphasizing the importance of liquidity and systematic strategies in trading. He expl...
•
Episode 66
•
1:07:24
Market structure expert Tyler Neville: Welcome to Weimar America
In this conversation, Pascal Hugli and Tyler Neville, a macro expert and market structure analyst, discusses the current state of the financial system, which he refers to as 'Weimar America.' They explore the implications of government policies...
•
Episode 65
•
1:09:56
Macro thinker Mel Mattison: The next big driver of this bubble is unlocking financing in US housing
In this conversation, Mel Madison and Pascal Hügli discuss the current economic landscape, focusing on the impact of AI and fiscal initiatives, the significance of tariffs, and the dislocation between financial markets and the real economy. The...
•
Episode 64
•
1:15:41
Head Strategist at Tether Gabor Gurbacs: We are rebuilding the entire capital market stack
In this conversation, Gabor Gurbache and Pascal Hugli discuss Tether's evolution towards a comprehensive capital market structure, emphasizing the importance of tokenization and Bitcoin's role in creating a more efficient financial system. They...
•
Episode 63
•
42:36
Climate tech investor Daniel Batten: Bitcoin is absolutely critical to the green energy transition
In this conversation, Daniel Batten and Pascal Hugli discuss the critical role of Bitcoin mining in the green energy transition, debunking myths surrounding its environmental impact. They draw parallels between Bitcoin and other disruptive tech...
•
Episode 62
•
1:19:45
Mexican billionaire Ricardo Salinas: Bitcoin is like your house - just see its value go up!
In this conversation, Ricardo Salinas and Pascal Hugli discuss the transformative potential of Bitcoin, likening it to digital gold and emphasizing the importance of education in achieving financial freedom. He shares insights on corporate stra...
•
Episode 61
•
33:15
Michael Howell on GENIUS Act: Stablecoin adoption could mean slower credit growth
In this conversation, Michael Howell and Pascal Hügli explore the late stages of the current liquidity cycle, noting how policymakers are working to extend it by injecting more liquidity. They examine how a weakening dollar supports global liqu...
•
Episode 60
•
1:01:44
James Check: Here’s what’s weird about this Bitcoin all-time high
In this conversation, James Check from Checkonchain and Pascal Hügli discuss the current market dynamics, Bitcoin price discovery, and investor sentiment surrounding Bitcoin. James emphasizes the importance of understanding market psychology, t...
•
Episode 59
•
48:28
Portfolio Manager Ben Kizemchuk: Stop using 20th century investment models in a 21st century market
In this conversation, Ben Kizemchuk and Pascal Hugli delve into the concept of fiscal dominance and its implications for the economy, exploring how government spending is becoming the primary driver of economic growth. They introduce the ...
•
Episode 58
•
1:46:41