{"podcast":{"title":"Less Noise, More Signal","slug":"less-noise-more-signal-7015424","podcast_index_feed_id":7015424,"rss_url":"https://feeds.fountain.fm/Tkp8ve9N2p86ZGOVfvrw","website_url":"http://www.lessnoise-moresignal.com","image_url":"https://feeds.fountain.fm/Tkp8ve9N2p86ZGOVfvrw/files/COVER_ART---DEFAULT---432e0179-9b61-4c8d-9e34-6325f646bf05.jpg","author":"Less Noise, More Signal","episode_count":135,"summary":"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’ve taken on this challenge and made it my mission to cut through the noise by amplifying the signal. Who am I? I’m Pascal Hügli. With a background in political philosophy, a career in investment management, and a deep expertise in Bitcoin and digital assets, I’m 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. Ready to elevate your understanding? Let’s dive in.","last_synced_at":"2026-06-18T06:17:33.404992+00:00","page_url":"https://stenobird.com/podcast/less-noise-more-signal-7015424"},"episode":{"title":"The Central Bank Put Is Dying, Here’s What Breaks Next","slug":"the-central-bank-put-is-dying-here-s-what-breaks-next","published_at":"2026-05-18T16:00:28+00:00","page_url":"https://stenobird.com/podcast/less-noise-more-signal-7015424/the-central-bank-put-is-dying-here-s-what-breaks-next","show_page_url":"https://stenobird.com/podcast/less-noise-more-signal-7015424","url":"https://feeds.fountain.fm/Tkp8ve9N2p86ZGOVfvrw/items/aOyAAEZ24Ar4oqWlc4Bd/files/VIDEO---DEFAULT---cf6bcb79-9830-4960-a6d9-ca96953cca07.mp4/ORIGINAL.mp3","audio_url":"https://feeds.fountain.fm/Tkp8ve9N2p86ZGOVfvrw/items/aOyAAEZ24Ar4oqWlc4Bd/files/VIDEO---DEFAULT---cf6bcb79-9830-4960-a6d9-ca96953cca07.mp4/ORIGINAL.mp3","summary":"▬▬▬ DISCUSSION ▬▬▬▬▬▬▬▬▬▬ 💬Join the discussion on Telegram: https://t.me/+OgDv1Djbvs80M2Fk ▬▬▬ CLIP ▬▬▬▬▬▬▬▬▬▬ Crypto is no longer the obvious volatility trade it once was. In this episode, we break down why Bitcoin and broader crypto are lagging equities, why the post 2020 volatility regime is still alive, and why the old central bank put is weaker than investors think. The key shift is simple: risk is no longer being absorbed by policymakers in the same way, which means markets need to price uncertainty more directly. For crypto investors, that makes selectivity more important than ever, especially as equities become a much stronger competitor for risk capital. ▬▬▬ SUPPORT ▬▬▬▬▬▬▬▬▬▬ ⚡️LNMS on Lightning: lnms@ln.mtpelerin.com ₿ BTC-Address: bc1qmk7gfdnrdegnmnrtnacj6rslan0y6v29kdlf9p 💵 https://donate.stripe.com/9B600k5Tscv … Twint: https://go.twint.ch/1/e/tw?tw=acq.Z7L … ▬▬▬ LINKS ▬▬▬▬▬▬▬▬▬▬ 📰 LNMS Newsletter: https://lessnoisemoresignal.substack …. 🎧 LNMS on YouTube: https://tinyurl.com/4jfhr4zn 🎧 LNMS on Apple: https://tinyurl.com/4apksnyn 🎧 LNMS on Spotify: https://tinyurl.com/ttha8kku 🎧 LNMS on Rumble: https://tinyurl.com/4k96c7tw 🎧 LNMS on Fountain: https://tinyurl.com/5dsbbj5p 🌐 LNMS Website: https://www.lessnoise-moresignal.com/ 📖 Bitcoin Book: https://www.amazon.de/dp/1967693013 ▬▬▬ SOCIALS ▬▬▬▬▬▬▬▬▬▬ Follow on X👉 https://x.com/pahueg Follow on Nostr 👉 https://primal.net/pascal Follow on LinkedIn 👉 / pascal-huegli","meta_description":"▬▬▬ DISCUSSION ▬▬▬▬▬▬▬▬▬▬ 💬Join the discussion on Telegram: https://t.me/+OgDv1Djbvs80M2Fk ▬▬▬ CLIP ▬▬▬▬▬▬▬▬▬▬ Crypto is no longer the obvious volatility…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1249,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/less-noise-more-signal-7015424/episodes/the-central-bank-put-is-dying-here-s-what-breaks-next/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/less-noise-more-signal-7015424/the-central-bank-put-is-dying-here-s-what-breaks-next.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}