Shows
NoMadPodcast(Short) Interview with Pascal Hügli, Live at the BTC Prague Conference 2025In this exciting short interview, I had the pleasure of having Pascal Hügli as a guest, live from the BTC Prague Conference in 2025. Pascal is an expert on finance and Bitcoin, a podcaster, author and enjoys sharing his knowledge about Bitcoin. But not only that. In this episode he also shares his Rabbit Hole story, how he got into Bitcoin and what he is currently working on. If you follow him on social media, you may have seen his recently published book. So don't miss the opportunity to learn something new from an expert, and make sure to c...2025-06-2316 min
Less Noise, More SignalMacro brain Jordi Visser: Many established assumptions in macro are being challenged as we speakIn this conversation, Jordi Visser and Pascal Hügli discuss the current debt situation, the impact of artificial intelligence on markets and productivity, and the evolving labor landscape. They emphasize that while the U.S. debt is a concern, it is part of a larger global issue. AI is seen as a transformative force that will enhance productivity and profit margins, but it also poses challenges for the labor market. The discussion highlights the interconnectedness of these themes and the need for a nuanced understanding of the economic landscape. They also discuss the relevance of traditional economic statistics in a...2025-06-191h 08Less Noise, More SignalEric Weiss on how he orange-pilled Michael SaylorIn this conversation, Eric Weiss and Pascal Hügli discuss how Eric orange-pilled Michael Saylor, the influence he has on the legitimacy of Bitcoin, and the growing adoption of Bitcoin among high-net-worth individuals. They talk about addressing concerns regarding Bitcoin ownership and the criticisms faced by prominent figures in the Bitcoin space. Weiss also explores the concept of Bitbonds and the potential for government involvement in Bitcoin acquisition, emphasizing the importance of Bitcoin as a safe haven asset.Chapters:00:00 Intro01:33 Introduction to Bitcoin and Michael Saylor02:58 Eric Weiss: Journey into Bitcoin Investment06:01 The I...2025-06-1236 minLess Noise, More SignalWorldclass CIO from Blockstream: Bitcoin is the magic ingredient to any portfolioIn this conversation, Sean Bill, CIO at Blockstream, and Pascal Hügli discuss the potential of Bitcoin as a significant asset for institutional investors, particularly public pension funds. Sean highlights Bitcoin's unique volatility characteristics, its low correlation with traditional asset classes, and its potential to address unfunded liabilities in pension plans. The discussion also covers Bitcoin's value proposition, comparing it to gold, and addresses common misconceptions about Bitcoin being merely a tech stock. Bill emphasizes the emerging trend of state-level Bitcoin reserves. They also discuss the importance of self-sovereignty in Bitcoin holdings and the potential impact of institutional players o...2025-06-0557 minLess Noise, More SignalBloomberg Senior Analyst Eric Balchunas: Bitcoin Spot ETF could have prevented the FTX collapseThis conversation with Eric Balchunas and Pascal Hügli delves into the transformative role of Bitcoin ETFs in bridging the gap between traditional finance and the cryptocurrency world. The discussion highlights the convenience and trust associated with ETFs, their rapid approval process, and the significant inflows they have attracted. The conversation also explores the demographics of ETF holders, the strength of their investment strategies, and future projections for Bitcoin ETFs, emphasizing the importance of understanding tracking errors and performance metrics when choosing an ETF. The speakers also explore the performance of Ethereum ETFs, the SEC's criteria for approving crypto E...2025-05-2957 minLess Noise, More SignalMarket Strategist: The dawn of junk equities is nowThis conversation with Pascal Hugli and Byron Gilliam explores the evolving landscape of cryptocurrency, drawing parallels between the current crypto market and the historical junk bond industry. The discussion highlights the potential of crypto to democratize access to capital while also addressing the cynical aspects of its commercialization and political implications. The speakers delve into the complexities of valuing crypto assets, emphasizing the distinction between social claims and legal claims in the context of token ownership. This conversation delves into the evolving landscape of cryptocurrency, focusing on the legal implications of crypto claims, the changing revenue models of protocols...2025-05-2649 minLess Noise, More SignalLuke Gromen: US capital controls are inevitable! Here’s what you need to knowIn this conversation, Luke Gromen and Pascal Hügli discuss the complexities of the current economic landscape, focusing on capital controls, tariff strategies, and the implications of the U.S. dollar's reserve status. They emphasize the contradictions in U.S. economic policies and the need for a neutral reserve asset to address imbalances. Gromen argues that bitcoin is perfectly positioned for global capital controls and would thus profit tremendously. The discussion also highlights the challenges faced by the US in projecting military power and managing its debt, as well as the potential for a shift towards a new monetary o...2025-05-2251 minLess Noise, More SignalHead of Alpha Jeff Park: Bitcoin is perfectly made for financial engineeringIn this conversation, Pascal Hügli and Jeff Park discuss the unique financialization potential of Bitcoin, its volatility, and the role of corporations in its adoption. They explore how Bitcoin serves as a collateral asset and the implications of indices on corporate strategies. The discussion also touches on the cultural significance of Bitcoin and its future in the global economy. The discussion also touches on the interconnectedness of Bitcoin and stablecoins, suggesting a flywheel effect that could drive further adoption and market growth.Chapters:00:00 Intro01:55 Bitcoin and Hyperfinancialization15:02 Cultural and Social Capital of Bitcoin2025-05-1559 minLess Noise, More SignalFund Researcher: No matter what valuation approach you choose, ether remains overvaluedIn this conversation, Kevin Mills and Pascal Hugli discuss the valuation of Ethereum, critiquing its perceived value as both a digital asset and a network. He argues that Ethereum's dual role as a gas token and a store of value is fundamentally flawed, leading to a disconnect between its technological potential and market valuation. The discussion covers various aspects of Ethereum's economic model, including cash flow analysis, institutional perspectives, and the implications of Layer 2 solutions on its future. This conversation delves into the valuation challenges of Ethereum, exploring its economic fundamentals, the implications of Metcalfe's law, and the concept...2025-05-121h 04Less Noise, More SignalFinancial plumbing expert Mel Mattison: Why Trump‘s economic agenda mirros MMTIn this conversation, Pascal Hugli and Mel Mattison delve into the intricacies of Modern Monetary Theory (MMT) and its implications for the U.S. economy, particularly in the context of the Trump administration's policies. They explore the intersection of philosophy and finance, emphasizing the importance of understanding historical financial systems and their impact on current economic challenges. The discussion highlights the looming crisis surrounding Social Security and entitlement programs, the political landscape's reluctance to address these issues, and the broader implications for the global economic system. The speakers also consider the future of the U.S. dollar and the...2025-05-081h 35Less Noise, More SignalGlobal Strategist Michael Every: Our Liberal World Order is breaking down. Here’s what’s to come In this conversation, Pascal Hugli and Michael Every discuss the collapse of the liberal world order and its implications for global finance and geopolitics. He emphasizes the importance of understanding the interconnectedness of various factors, including technology, trade, and inequality, in shaping the future landscape. Every critiques the simplistic views often held about macroeconomic indicators and stresses the need for a more nuanced approach to investment and strategy in a rapidly changing world. In this conversation, the speakers delve into the complexities of global issues, emphasizing the persistent nature of problems akin to the mythological Hydra. They discuss the d...2025-05-0553 minLess Noise, More SignalTether CEO Paolo Ardoino: Banks will blow up in the next yearsIn this conversation, Paolo Ardoino, the CEO of Tether and Pascal Hügli, discuss the ethos of Bitcoin and Tether's journey in the cryptocurrency space. Paolo emphasizes the importance of stablecoins in emerging markets, their role as better banks compared to traditional institutions, and the potential of technology to enhance human capabilities. The discussion also touches on the challenges faced by stablecoins and their impact on global economies, particularly in regions with unstable currencies.Chapters:00:00 Intro02:01 Tether as Economic Force for good12:03 Tether's Role in Emerging Markets23:58 The Future of Technology and Human E...2025-05-0148 minLess Noise, More SignalPrince Filip of Serbia: It is only a matter of time until Djokovic is orange-pilledIn this conversation, Pascal Hugli and Prince Filip of Serbia discuss the historical context and current sentiment towards monarchy in Serbia, the synergies between monarchy and Bitcoin, and the differences between nationalism and patriotism. Prince Filip elaborates on his royal heritage, the potential for monarchies to return in the future, and how Bitcoin influences governance and individual property rights. In this conversation, they explore the evolving landscape of Bitcoin adoption across various nation-states, the implications of political leadership on cryptocurrency, and the cultural factors influencing understanding and acceptance of Bitcoin. They discuss the importance of individual property rights, the...2025-04-2856 minLess Noise, More SignalInvestment activist Matt Cole: Bitcoin and AI will shape tomorrow’s S&P 500 winnersIn this conversation, Matt Cole and Pascal Hügli discuss the significant disruption AI poses to corporate America and the necessity for companies to adapt by investing in innovative technologies like Bitcoin. The discussion also covers the concept of the hurdle rate in corporate finance and how it influences investment decisions, as well as the potential for 'zombie companies' to thrive by adopting Bitcoin as a core asset. Matt and Pascal explore the challenges faced by C-suite executives in understanding and integrating Bitcoin into their companies, the implications for companies like GameStop, and the necessity for high-risk investments in a...2025-04-241h 02Less Noise, More SignalTravis Kling: Crypto puts human nature and morality on display like nothing else In this conversation, Pascal Hugli and Travis Kling discusses the concept of financial nihilism, which highlights the growing wealth inequality and the unattainability of the American dream for younger generations. He explores how this nihilism leads to radical risk-taking behaviors, such as the rise of sports gambling and meme coins. Kling also delves into the significance of Bitcoin as a tool for human cooperation and coordination, while reflecting on his personal faith journey and the importance of absolute truths in both faith and finance. In this conversation, the speakers explore the intersections of Bitcoin, faith, and human nature. They d...2025-04-211h 30Less Noise, More SignalBenjamin Cowen: This is why Bitcoin needs to hit new highs by August In this conversation, Pascal Hugli and Benjamin Cowen discusses the current state of Bitcoin and its market dynamics, focusing on the implications of the recent death cross, investor sentiment, and strategies for navigating the cryptocurrency landscape. He emphasizes the importance of understanding market trends, the potential impact of a recession, and the significance of risk metrics in making informed investment decisions. Cowan also shares insights on dollar-cost averaging and the importance of maintaining a balanced portfolio in uncertain times. In this conversation, the speakers delve into various investment strategies for Bitcoin and Ethereum, discussing risk management, market d...2025-04-1754 minLess Noise, More SignalMacro investor: US bond markets are a signaling a crisis in confidenceIn this conversation, Pascal Huegli and Spencer Hakimian discusses the current state of the U.S. economy, focusing on the rising bond yields and falling dollar, which signal a crisis of confidence. He emphasizes the importance of the bond market for economic stability and the need for global coordination in addressing these issues. The conversation also touches on the potential for a failed bond auction and the implications for U.S. monetary policy. Finally, Huegli shares insights on investment strategies in uncertain times, advocating for a balanced approach to risk.Chapters:00:48 Intro 02:15 Crisis of Confidence i...2025-04-1440 minLess Noise, More SignalTurkish Citizen: Movie tickets are now 200 Lira, once just 5This conversation with Pascal Hugli and Melih delves into the current economic and political turmoil in Turkey, highlighting the severe inflation, the withdrawal of foreign investments, and the implications of upcoming elections. The discussion also touches on the social impact of these crises, including the decline in living standards and the mental health challenges faced by citizens. The conversation paints a grim picture of a country struggling with its identity and future amidst a backdrop of political maneuvering and economic instability. This conversation delves into the complex socio-political landscape of Turkey, focusing on immigration policies, the challenges faced by...2025-04-101h 01Less Noise, More SignalUpcoming macro analyst: Global M2 money supply is not a measure for global liquidity!In this conversation, Joe Consorti and Pascal Hügli explore the complex relationship between Bitcoin and global liquidity, particularly Global M2. They emphasize the need to move beyond traditional liquidity metrics, introducing a new asset-backed liquidity framework that offers deeper insights into market dynamics and lending activity — both essential for understanding Bitcoin’s value proposition. The discussion also highlights Bitcoin’s ongoing maturation as an asset and its potential role as a hedge against monetary debasement, reflecting the shifting landscape of global finance. Consorti and Hügli also dive into the nuances of liquidity measurement, with a special focus on TBL's...2025-04-0747 minLess Noise, More SignalTech Journalist: The era of Bitcoin-native capital markets has begunIn this conversation, Alex Bergeron and Pascal Hügli discuss the current state of Bitcoin and blockchain scalability, emphasizing the importance of decentralization and the role of institutions in Bitcoin's future. They explore the differences between Bitcoin's Lightning Network and Ethereum's scaling solutions, highlighting the significance of local consensus in Bitcoin's architecture. Furthermore, the conversation delves into the intricacies of the newly introduced ARK protocol, exploring the implications for decentralization, financial systems, and the future of Bitcoin. ARK holds the potential to revolutionize transaction batching and enable Bitcoin-native capital markets. Chapters:00:57 Intro 02:18 The State of...2025-04-031h 17Less Noise, More SignalChief Crypto Analyst: It’s time to retire the term QE! This is what the Fed is going to do insteadIn this conversation, Pascal Hugli and Jamie Coutts discusses the current state of the cryptocurrency market, particularly Bitcoin, in relation to macroeconomic factors and liquidity conditions. He emphasizes the end of quantitative easing and the importance of the dollar's strength in shaping market dynamics. The discussion also touches on the impact of political changes on the crypto landscape, the significance of liquidity and government spending, and the current state of altcoins. Jamie provides insights into various market indicators and their implications for future price movements in Bitcoin and altcoins, highlighting the need for investors to be aware of these...2025-03-3148 minLess Noise, More SignalTokenization expert: "This is why we have to be excited about blockchain, whether you're a maxi or not"In this conversation, Pascal Hugli and Rolf Kubli discusses the concept of Real World Assets (RWAs) and the implications of tokenization in capital markets. He critiques the term 'real world asset' as misleading and emphasizes the importance of understanding what is being tokenized. The discussion also touches on the role of institutions in the tokenization process and the potential for blockchain technology to enhance capital efficiency and collateralization in financial markets. Kubli highlights the ongoing developments in capital markets and the future of tokenization, particularly in relation to major players like BlackRock. In this conversation, the speakers delve into...2025-03-2852 minLess Noise, More SignalJim Bianco: "The days of stocks just going up 20 % a year is over"In this conversation, Pascal Hugli and Jim Bianco discusses the evolving economic landscape under Trump's policies, focusing on the implications of tariffs, defense spending, and the Mar-a-Lago Accord. He emphasizes the need for a shift in the U.S. economic strategy, particularly in relation to the S&P 500 and the global economy. The discussion also touches on the potential outcomes of these policies for the average American and the contradictions inherent in maintaining the dollar's reserve currency status while reducing its global circulation. This conversation delves into the complexities of economic adjustments, the sustainability of national debt, and the...2025-03-241h 17Less Noise, More SignalMonetary Economist: “"Here's how Trump’s policies are rewiring the global financial system"In this conversation, Pascal Hugli and Dr. Joshua R. Hendrickson discusses the implications of the Trump administration's monetary policies, the role of Bitcoin as a strategic asset, and the complexities of the global monetary system. The discussion delves into the benefits and costs of the U.S. dollar's status as the global reserve currency, the socioeconomic impacts of current monetary policies, and the potential need for reform to address systemic issues. The conversation highlights the interconnectedness of economic policies and societal challenges, emphasizing the importance of understanding these dynamics in shaping the future of finance and trade. This conversation...2025-03-201h 06Less Noise, More SignalCEO of Truflation: “Here’s how you know where inflation goes before everyone else”In this conversation, Pascal Hugli and Stefan Rust discusses the concept of True Inflation, a decentralized approach to measuring inflation that aims to provide real-time economic data. He explains the methodology behind True Inflation, the data sources used, and the challenges faced in aggregating accurate data. The discussion also covers the differences between True Inflation and government metrics, the financial community's interest in these metrics, and the potential for real-time data aggregation in the future. Rust emphasizes the need for modernized inflation metrics and shares insights into the business model of True Inflation, including subscription services and partnerships with...2025-03-1747 minLess Noise, More SignalSystematic macro researcher: “All an investor needs to think about is growth, inflation and liquidity!”In this conversation, Pascal Huegli and Aahan Menon discuss the complexities of economic indicators, focusing on growth, inflation, and liquidity. They explore how these factors interrelate and impact investment strategies, emphasizing the importance of a comprehensive understanding of the economy. Menon shares insights from Prometheus Research, highlighting their unique approach to macroeconomic analysis and portfolio creation for both retail and institutional investors. The discussion also touches on the current economic landscape, the challenges of measuring inflation, and the evolving role of liquidity in financial markets. In this conversation, Pascal Huegli provides a comprehensive analysis of the current economic landscape...2025-03-131h 11Less Noise, More SignalEconomics Professor: “Bitcoin's fixed supply is both a benefit and a harm in some ways”In this conversation, Thomas Hogan and Pascal Hügli discuss the role of central banks in the economy compared to Bitcoin, the concept of a Bitcoin standard, and the implications of base money in today's financial system. They emphasize the differences between Bitcoin and fiat currencies, particularly in terms of scarcity and monetary policy. The discussion also touches on the historical context of the gold standard and how it relates to the potential future of Bitcoin as a base money. Last but not least, Hogan also elaborates the potential for Bitcoin to serve as base money in a new f...2025-03-101h 01Less Noise, More SignalOn-Chain Trader James Check: “Here’s where the bear market price floor should be at for BTC”In this conversation, Pascal Huegli and James Chek discuss Bitcoin's latest flush out, focusing on the demand side, price levels, sell-side pressure, and investor psychology. They analyze the recent price corrections, the implications of on-chain data, and the overall market dynamics. Furthermore, James shares his personal journey towards focusing solely on Bitcoin, highlighting its unique value proposition and the lack of fundemantal demand for alternative crypto. He also touches on institutional interest in Bitcoin and the implications for the broader digital asset market. Chapters:00:00 Intro01:39 Sell-Side Pressure and Market Dynamics05:50 Understanding Bitcoin's Volatility2025-03-0342 minLess Noise, More SignalMathematician and Serial Entrepreneur: “You need to get double digit exposure to Bitcoin”In this conversation, Fred Krueger and Pascal Hügli discuss Krueger's journey from bond trading to becoming a Bitcoin advocate. He discusses the rise of memecoins, the future of layer one blockchains, and the role of stablecoins in the crypto ecosystem. Fred emphasizes the importance of Bitcoin as a store of value while also acknowledging the potential of other cryptocurrencies. He predicts a significant shift in regulation and the impact of AI on cryptocurrency transactions, ultimately concluding that the crypto space will see a winner emerge due to network effects. Together, they also explore Bitcoin's journey towards mainstream adoption, i...2025-02-271h 08Less Noise, More SignalSound money advocate: “Bitcoin plays a big part in my retirement plan”In this conversation, Lawrence Lepard and Pascal Hügli discuss Lepard's journey from a traditional investment manager to a strong advocate for Bitcoin and sound money. He shares insights from his newly released book, 'The Big Print,' which addresses the issues of inflation and the decline of the middle class in America. Lepard emphasizes the importance of understanding Bitcoin as a solution to the current financial system's problems, particularly the role of the Federal Reserve in perpetuating inflation. He expresses optimism about the potential for political movements to advocate for sound money and the impact of technology and d...2025-02-2049 minLess Noise, More SignalBlockchain programmer and CTO: “Bitcoin has way better ‘smart contracts’ than Ethereum”In this conversation, Shehzan Maredia and Pascal Hügli discuss the innovative non-custodial borrowing solution for Bitcoin users. They contrast Lava's approach with Coinbase's recent loan offerings, highlighting the security and cost benefits of Lava's model. The discussion delves into the risks associated with borrowing against Bitcoin, including liquidation risks and the importance of price oracles. Shehzan explains how Lava allows users to manage their borrowing risks effectively and explores the future of collateralization in the cryptocurrency space, including the implications of wrapped Bitcoin. They also discuss the innovative use of Discreet Log Contracts (DLCs) in the Bitcoin ecosystem, e...2025-02-1358 minLess Noise, More SignalFinance Professor: “I have a vision on how to end the Fed”In this conversation, Nik Bhatia and Pascal Hügli delve into the complexities of Bitcoin, macroeconomics, and the nature of money. They explore Nik's journey from a rates trader to a Bitcoin advocate, discussing the differences between money, currency, and credit. The conversation highlights the implications of cash in today's economy and the decentralized nature of the global banking dollar, emphasizing the need for a deeper understanding of these concepts. Furthermore they delve into the complexities of money creation, inflation dynamics, and the role of central banks in today's economic landscape. They explore how demand influences money supply and i...2025-02-061h 00Less Noise, More SignalInvestment Professional Tom Dunleavy: "This is why Trumpcoin is net positive for this space"In this conversation, Pascal Huegli and Tom Dunleavy discuss the implications of Trump's crypto initiatives, particularly focusing on the launch of Trump Coin and its effects on the crypto market. They explore the onboarding of new users into the crypto space, the potential long-term effects of celebrity coins, and the regulatory challenges faced by meme coins. The discussion also touches on the evolving landscape of crypto as a form of capitalism and the need for clarity in regulations surrounding token issuance. In this conversation, Pascal Huegli discusses the evolving landscape of financial markets, particularly focusing on the roles of...2025-01-3054 minLess Noise, More SignalHead of Research: “Bitcoin has been objectively winning for 16 years”In this conversation, Alex Thorn and Pascal Hügli discuss the recent developments in the crypto industry, particularly in light of the Trump administration's actions and policies. They explore Alex's background at Galaxy, the changes in regulatory bodies like the CFTC and SEC, and the implications of the executive order on digital assets. The discussion highlights the importance of patience in the crypto community and the potential for positive changes in regulation and innovation in the coming months. Furthermore, they discuss the recent repeal of SAB 121, a controversial SEC regulation that impacted how banks and public companies handle cryptocurrency a...2025-01-2751 minLess Noise, More SignalSenior Analyst: "Bitcoin-linked stock market is growing rapidly"In this conversation, James Van Straten and Pascal Huegli explore the evolving landscape of Bitcoin, focusing on its adoption by corporations, the implications for companies labeled as 'zombie' entities, and the unique case of El Salvador as a pioneer in Bitcoin integration. They discuss the cyclical nature of Bitcoin's market, the strategies companies are employing to incorporate Bitcoin into their treasury, and the potential future of Bitcoin as a distinct asset class. The conversation also touches on the role of miners and the complexities of their business models in relation to Bitcoin's price movements. Last but not least, they...2025-01-2359 minLess Noise, More SignalThis is why Bitcoin will do well in 2025In this conversation, Pascal Huegli discusses the current economic landscape, focusing on inflation trends, the impact of a strong dollar, liquidity challenges, and the strategies of MicroStrategy regarding Bitcoin. He also explores the potential for a strategic Bitcoin reserve under the Trump administration and the implications of stablecoin growth for Bitcoin's future.Timestamps:00:00 Intro01:21 Strong Labor Report03:11 Is the Cutting Cycles over?04:47 Inflation concerns07:37 The Impact of the Strong Dollar10:25 Is DOGE deflationary?13:03 Liquidity and Debt Ceiling Challenges18:08 Debt Refinancing Wall is coming21:24 Trump Inauguration and Crypto2025-01-1638 minLess Noise, More SignalWill Meta Be the Next Tech Giant to Adopt Bitcoin as a Treasury Asset?In this conversation, Ethan Peck and Pascal Hügli discuss the intersection of corporate finance and Bitcoin, advocating for shareholder activism that promotes corporate neutrality and fiduciary responsibility. Ethan shares insights on his proposals to major corporations like Microsoft and Amazon, emphasizing the need for companies to reassess their cash and bond holdings in favor of Bitcoin. The discussion also touches on the challenges of navigating corporate structures and the societal implications of corporate Bitcoin adoption. Timestamps:00:00 Corporate Finance and Bitcoin: A New Perspective05:06 Shareholder Activism: Bridging Ideologies09:53 The Proposal Process: Navigating Corporate St...2025-01-1354 minLess Noise, More SignalSilicon Valley Insider: "the average retail banker is going away, because..."In this conversation, Bill Barhydt and Pascal Hügli discuss the evolution of banking in the context of Bitcoin and decentralized finance. The discussion covers the impact of AI on banking jobs, the role of humans in an increasingly automated world, and the current services available for borrowing against Bitcoin. For Bill Bitcoin holds the potential to revolutionize banking systems, especially in developing markets. He emphasizes the need for individuals to secure their Bitcoin in personal vaults rather than exchanges, the financial benefits of using Bitcoin as collateral, and the transformative impact of cryptocurrencies on remittances and credit systems g...2025-01-0950 minLess Noise, More SignalTop crypto trader: “I don't think that the top is in, but…”In this conversation, Cole Garner shares his insights on trading and investing in the cryptocurrency market, focusing on the importance of understanding market cycles, timing, and effective strategies for buying and selling Bitcoin. He discusses the concept of alpha decay, the psychological factors influencing market participants, and provides practical advice for navigating the complexities of crypto market tops. Garner emphasizes the significance of having a well-defined exit strategy and the need to prepare for market volatility. He also reveals whether or not the market top is in.Timestamps:00:00 Introduction to Cole Garner03:06 Understanding Alpha...2024-12-301h 13Less Noise, More SignalStartup CEO: “This is how you 10x your own Bitcoin security”In this conversation, Ruzbeh Kroner and Pascal Hügli discuss the complexities of Bitcoin custody. They explore Ruzbeh's journey into the Bitcoin space, the inherent risks of self-custody, and the innovative solutions being developed to enhance security and accessibility for Bitcoin holders. Ruzbeh shares his knowledge on legacy planning, recovery mechanisms, and the importance of ongoing support. They explore how recent Bitcoin updates like miniscripts can provide security and peace of mind for individuals, especially high net worth individuals, while also addressing the future of self-custody technology and the role of trust in financial transactions.Timestamps:2024-12-2656 minLess Noise, More SignalFinancial Liquidity Expert: “We are not risk off yet, but there are major headwinds for 2025”In this conversation, Michael Howell and Pascal Hügli discuss the intricate relationship between liquidity cycles, debt, and financial markets. They explore the current state of liquidity, the implications of the maturity wall on refinancing and liquidity, and the ultimate trends in monetary inflation. Howell emphasizes the importance of understanding these dynamics for making informed investment decisions, particularly in relation to assets like gold and Bitcoin. The discussion also delves into the relationship between the dollar's strength and how Bitcoin will do in a strong dollar environment.Timestamps:00:00 Understanding Liquidity Cycles and Market Trends10:01 The R...2024-12-1958 minLess Noise, More SignalBitcoin maxi turned memecoin influencer: "memecoins will survive into hyperbitcoinization"In this conversation, Murad Mahmudov and Pascal Hügli talk about how memecoins fit into the broader trend of financial nihilism, why memecoins will be a thing in a hyperbitcoinized world and how Murad deals with the fact that he is called the Memecoin Jesus.Timestamps:00:00 The Rise of Meme Coins: A New Asset Class05:10 Understanding the Appeal of Meme Coins12:11 Meme Coins vs. Traditional Tokens: A Community Perspective18:41 Strategies for Identifying Legitimate Meme Coins23:30 The Future of Meme Coins in Market Cycles30:51 Meme Coins and Political Influence: A Cultural S...2024-12-1638 minLess Noise, More Signal“The Structured Finance Expert: “Credit investors have a fiat problem, and Bitcoin is the solution.”In this conversation, Andrew Hohns and Pascal Hügli discuss the transformative role of Bitcoin in asset-backed lending, particularly in the context of rising inflation and the need for innovative financial structures. Hohns explains how Battery Finance is leveraging Bitcoin's long-term collateral value to create flexible lending solutions that benefit both borrowers and lenders. The discussion also touches on the broader implications of currency debasement and the importance of understanding these dynamics in today's financial landscape. The conversation also touches on the role of shareholder activism in promoting Bitcoin adoption within corporations and the future possibilities that Bitcoin presents i...2024-12-121h 05Less Noise, More Signal“Ex Wall Street Banker: “look at how Orwellian today’s banking system has become.”In this conversation, Caitlin Long and Pascal Huegli delve into the complexities of the financial system, discussing the implications of US de-banking, the evolution of economic thought, and the role of Bitcoin as a revolutionary monetary instrument. They explore the historical context of the gold standard, the significance of balance sheets in modern monetary theory, and the potential of Bitcoin to reshape financial transactions in a decentralized manner. The conversation also touches on the recent revelations around US debanking and the need for regulatory change and accountability in the face of overreach, as well as the future of banking...2024-12-0955 minLess Noise, More SignalThe Fintech Founder: “Inevitably, you will be better off borrowing against your Bitcoin than your houseIn this conversation, Mauricio di Bartolomeo and Pascal Huegli discuss the future of Bitcoin lending, the impact of hyperinflation in Venezuela, and the role of Bitcoin in providing economic freedom. Mauricio shares insights on the rise of Bitcoin-backed loans, the importance of education for borrowers, and the tools available to manage risks associated with collateralized loans. Together the hone in on various intricacies, focusing on automated features, risks associated with borrowing, and the importance of managing loan-to-value (LTV) ratios. Mauricio also emphasizes the role of banks in the evolving landscape of Bitcoin lending and predicts a future where borrowing...2024-12-0557 minLess Noise, More SignalUS National Security Expert: “A US government established strategic Bitcoin reserve is more likely than not.”In this conversation, Matthew Pines and Pascal Huegli discuss the relevance of a strategic Bitcoin reserve (SBR) for the United States. They explore the intersection of Bitcoin, national security, and emerging technologies, arguing that Bitcoin's existence is rooted in the current global uncertainty and the need for alternative financial systems. The discussion highlights the benefits of establishing a Bitcoin reserve, including signaling U.S. values, strategic positioning in a changing world, and providing a stabilizing effect on the national balance sheet. They also discuss the potential downside risks such move could have on the US, Bitcoin and the world...2024-11-281h 08
NoMadPodcast (German Show)Pascal HügliIn dieser spannenden Episode haben wir Pascal Hügli zu Gast. Pascal ist ein Experte im Bereich Finanzen und Bitcoin, Podcaster, und teilt gerne sein Wissen über die Bitcoin-Adoption in Paraguay. Aber nicht nur das. Er erzählt in dieser Folge auch seine Rabbit Hole Story, wie er zu Bitcoin kam, und was genau er mit InsightDeFi zu tun hat. Verpasse nicht die Gelegenheit, von einem Experten etwas neues zu lernen!Mehr über Pascal findet ihr hier:Twitter: https://x.com/pahueg LinkedIn: https://www.linkedin.com/in/pascal-huegliNostr: https://primal.net/p/np...2024-11-2435 minLess Noise, More SignalThe Traditional ETF Expert: “We are entering the golden age for crypto.”In this conversation, Matt Hougan and Pascal Huegli discuss the evolving landscape of cryptocurrency following the recent US elections. Matt highlights the significant changes in regulatory attitudes, the emergence of a pro-crypto Congress, and the grassroots movements that have influenced political outcomes. Hougan also emphasizes the potential for new legislation, including a stablecoin bill and the establishment of a strategic Bitcoin reserve (SBR). He also explores the growing interest from institutional investors and the implications for market dynamics, while addressing potential risks associated with government involvement in the crypto space. The discussion concludes with insights into market psychology and...2024-11-2141 min
TFTC: A Bitcoin Podcast#557: Is The True Supercycle Here? with Pascal HügliMarty sits down with Pascal Hügli to discuss the multivariate implications of Donald Trump's White House victory for bitcoin.
Pascal on Twitter: https://x.com/pahueg
0:00 - Intro
1:23 - The European mind can't comprehend Trump victory
10:09 - Prediction markets
25:08 - Unchained & Coinkite
27:02 - Trump's approach to bitcoin
37:08 - SOTE
38:40 - America leading the charge on bitcoin
47:03 - Has hyperbitcoinization been pulled forward?
51:36 - Bitcoin credit products
59:05 - Supercycle?
1:11:53 - Price targets
1:14:51 - I...2024-11-181h 23Less Noise, More SignalThe 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 approach has attracted traditional finance investors and created a unique market dynamic.Timestamps:00:00 Introduction to Richard and MicroStrategy11:30 The Groundbreaking ATM Announcement11:47 Understanding M...2024-11-1449 minLess Noise, More SignalThe 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 expresses optimism for Bitcoin's future, highlighting the need for proactive measures to address emerging threats.Timestamps:00:00 Introduction to Bitcoin and Decentralization05:55 The Role of...2024-11-0750 minLess Noise, More SignalThe 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 technology, whether it furthers mental illness and why the notion of Bitcoin as a secular religion is ambigious.Timestamps:00:00 Slaughtering Crypto's Holy Cows04:50 The R...2024-11-0157 minLess Noise, More SignalTop-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 factors influence liquidity in financial markets and what this current interest rate easing cycle might hold and how it differs from previous ones. Timestamps:00:00 U...2024-10-241h 08Less Noise, More SignalThe 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 light on Congress’s ongoing dysfunction in passing effective crypto legislation. The discussion tackles Coinbase’s battles with the SEC, the tangled web of secu...2024-10-1858 minLess Noise, More SignalThe 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:00:00 Introduction to Spencer Hakimian and Tulu Capital01:57 Israel vs Iran: Geopolitical Tensions and Market Reactions08:05 Investment Strategies Amidst G...2024-10-1049 minLess Noise, More SignalThe 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 on Bitcoin and Money Printing06:34 The Role of Central Banks11:27 Bitcoin as a Hedge in Different Scenarios16:17 Bitcoin's...2024-10-0344 minLess Noise, More SignalThe 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 Intro02:58 Understanding Market Signals and Human Behavior05:48 The Investor vs. Trader Mindset09:01 Bitcoin as the...2024-09-2056 minLess Noise, More SignalThe 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 Days in Bitcoin14:45 Understanding the Current Economic Landscape29:51 Recession Indicators and Their Implications45:00 Bitcoin's Future: Catalysts and PredictionsFollow André Dragosch:2024-09-1258 min
Rabbit Hole StoriesPascal HügliIn today’s episode, we spoke with Pascal Hügli, a former journalist from Switzerland who currently works at a bank as a digital assets advisor.We spoke about Pascal’s rabbit hole into Bitcoin, why he decided to research other digital assets as well, and how the whole Bitcoin ecosystem sometimes feels like a cult.You can follow Pascal on X: https://twitter.com/pahuegYou can follow us on X (@rabbitholetales), check out our website (https://rabbitholestories.co/), or send us an email (show@rabbitholestories.co)🇨🇿 We partnered with BTC Prague...2024-05-2846 min
Mises KarmaBitcoin: Ignorieren auf eigene Gefahr – Im Gespräch mit Pascal HügliJournalist, Finanzexperte und Buchautor Pascal Hügli spricht über seinen Weg von der Österreichischen Schule der Nationalökonomie hin zu Bitcoin sowie über sein Buch „Ignorieren auf eigene Gefahr: Die neue dezentrale Welt von Bitcoin und Blockchain“. Im Gespräch beantwortet er Fragen zur geplanten EU-Reglementierung von Kryptowährungen, ob Bitcoin die optimale Geldmenge aufweist und bereits als Geld einzuordnen ist.
Die Website zum Buch: https://kryptobu.ch/
Der angesprochene Artikel bei BTC Echo: https://www.btc-echo.de/bitcoin-verstehen-darum-geht-es-wirklich/
Pascal Hügli auf Twitter: https://twitter.com/pahueg
2020-10-0247 min
Once Bitten! A Bitcoin Podcast.@pahueg - Bitcoin Is Not De-Centralised. It's Non-Centralised And That's The Real Beauty Of It!BTC $ 9500
Today's guest on the show is @pahueg, author of the book "Ignore At Your Own Risk".
Learn how Pascal fell into the Austrian Economic Rabbit Hole at an early age whilst studying Keynesian Economics at uni. How has he managed to marry both sides of the coin to garner as a rounded opinion as possible when it comes to money, politics and demographics.
Why are millennials NOT going to drive #Bitcoin adoption and what is non-centralisation?
Can we adopt a low time preference to improve our lives as a whole...2020-06-031h 35
Bitcoin Magazine PodcastWTF is Happening with the Fed!?: What is MMT? w/ Pascal Hügli. WTF-4This week Colin sits down with Pascal Hügli, head of research at Schlossberg & Co about what is MMT. Topics: * Switzerland is not imposing harsh mandates on its people * What is Modern Monetary Theory * MMT VS Austrian Economics * Debt to infinity and beyond * Central Bank Currencies Coping with the current uncertainty Please rate and share the podcast! You can find us @BitcoinMagazine on Twitter. Colin Harper on Twitter @AsILayHodling Christian Keroles on Twitter @ck_SNARKs [Guest] Pascal Hügli on Twitter @pa...2020-04-2036 min
Bitcoin AudibleCryptoQuikRead_342 - Bitcoin & the Primacy of the Digital World [Pascal Hugli]"Because of their digital nature, many people still object to bitcoin, refuse to take it seriously or consider it altogether too scary. [...] It’s the perfect combination of the advantages from the analog as well as the digital world." - Pascal Hugli
Don't miss another great article from Bitcoin Magazine on the incredible change that the digital world is unleashing on our society and where we may find a drop of truth in an ocean of uncertainty. Check out the full article plus tons of other great reads at the links below.
https://bitcoinmagazine.com/articles/bi...2020-01-2139 min
The Davani ConnectionKDC #28: Interview mit Pascal Huegli.Pascal Huegli, Autor des Buches "Ignorieren auf eigene Gefahr: Die neue dezentrale Welt von Bitcoin und Blockchain", teilt in dieser Podcast-Episode sein Wissen, seine Gedanken, Perspektiven und Visionen im Zusammenhang mit Bitcoin, Austrian Economics, Goldstandard, Schweiz und vielen anderen essentiell interessanten und wichtigen Themen.
Pascal auf twitter: @pahueg
Website: pascalhuegli.com
Buch auf Amazon zu bestellen: "Ignorieren auf eigene Gefahr: Die neue dezentrale Welt von Bitcoin und Blockchain". https://schweizermonat.ch/bitcoin-ist-die-loesung-nicht-das-problem/2019-09-092h 24
Crypto VoicesPascal Hügli: Switzerland, capitalism, socialism, and BitcoinCrypto Voices: Episode 71
Show support appreciated: 35iDYDYqRdN2x6KGcpdV2W1Hy3AjGje9oL
Matthew & Fernando interview Pascal Hügli, an independent researcher and journalist from Switzerland.
Pascal covers his fascinating article from March where he poses the question, was industrial revolution-era Switzerland capitalistic, or socialistic? He looks at the life of Alfred Escher, a radical liberal of the time, and how the banking system tied into the growth of the Swiss economy. He gives some good perspective on what actually is "capitalism" and what is "socialism." He draws parallels to Bitcoin and the digitization of the world today, to the i...2019-05-161h 10