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Alrighty, folks, grab your Badassery coffee. Buckle up because Evernor just dropped a billion dollars in xrp. That's not pocket change. That's shake the market, melt X, call your broker kind of money. This move could rewrite how institutions actually play in crypto.
B
Exactly, Chip, we're talking about a fun on financial shift. Digital asset treasuries are exploding and Evernote's XRP play might just be the signal that everyone here has been waiting for. Everyone, I mean, the entire crypto industry on the chain is here to break that down. We're going to break it down deep. What this means for Ripple deep. What this means for Ripple xrp and where the smart money is heading next.
A
Yeah, so it's not your average headline. This one's got a little bit of teeth. Just like the Yetis support of that coffee. Hit that like button. Let's get into some straight up crypto badassery. Let's go. Welcome to on the Chain, Chip.
B
Today's show is brought to you by Badassery Coffee dot com. Is it any good?
A
Nah, nah, it's great. Of course it is. Of course it's effing great. I love that. Love that. Very good job. Where you're coming in from, guys, welcome to. To Saturday morning, Saturday afternoon, Saturday evening. Depending on where you're coming in from, we'll probably see a little bit of. A little bit of everything in there. I'm sure. I'm sure we will, but thank you. And everyone, everyone. What's going on? The comments. Florida is in the building. Nebula clips in the building. Where in Florida are you coming in from? We've got Ray. The Moss is always in from New Zealand. No, Zailand, we got. Tom is in from. Can't see that flag, Jeff?
B
No, I don't see it. I don't know. We have to be on YouTube to see it.
A
Oh, it's in the. I can see it right there on the screen. It's just really small. I can't really tell.
B
Oh, oh, in that little picture there. I'll get the magnifying glass.
A
I was like, it's so tiny. So tiny. Can't even see it. Dirk Vandergert is here from Belgium.
B
Belgium. An hour and 20 minutes.
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20 minutes. There you go. Fred Hoffman's coming in from New York. Guys, hit that like button on the way in. Hit the like button. We want to see things 120 that are light. 120 over there. Nice.
B
We were right on time. Well, we're right on time. I don't Know what else was Chip?
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Our time. Our time is, you know, on the chain.
B
On the chain clock works differently. Well, a little bit of off kilter on the. What is that?
A
That's having some technical. There's always something going on that prevents us from. Every once in a while we'll go really on time. But today was me that had some technical challenges. Sometimes it's Jeff, but you can guarantee it's never both of us. It's always one or the other.
B
One or the other.
A
It trades off on the chaos there, which is really funny. But apparently it's, it's, it goes there. But we kind of, we kind of tease this one about Evernorth. I'm really excited about Ever North. It's just, it's so great to see she's Burla. Because I thought, you know, when he's. When he announced he was. Well, he didn't really leave Ripple, but he just said he was, you know, not going to be an employee anymore. He was going to sit on the Ripple board. We haven't really heard a lot from him. So I was like, you know, and he didn't say like I got heads down. Like working on a project was none of that. It was just right, you know. And he was, and he was such a, he was such an important figure, especially at Ripple, a really big thinker. And I thought it was weird because we never saw him like really show up anywhere else. But you know, he probably had his head down working on Ever north. But he. Here's Ever north here. Evernor signed a business combination agreement with Armanda or Armada acquisition core number two, which is now trading on the NASDAQ under the ticker xrpn. Xrp probably N is for North. North. Ever North. Right. So XRP North. How cool is that to see that talker?
B
That's really cool. Mark Smithson saying that. At the Ever north headquarters is Troy, Michigan, exit 69, which happens to be Big Beaver.
A
It happens to be Big Beaver. I, I actually as you got the Big Beaver, I made it right. I live about, about a mile and a half up the road there in a condo there, right?
B
Oh, is that where you were?
A
That was part of where I was. Where I was right before I left there was. I was in a condo there about. About a mile and a half up on the right hand side. There's a whole group of condos over there. And I was, that's where I was. So I know it. I remember it and knew it very well. So this is, this is wild, man. It's just cool to see that stock ticker on NASDAQ xrpn. And we're going to open up this release here which talks a little bit about this here. It says the new tick ticker lines with the 1 billion strategy for XRP exposure on Nasdaq. And then you have. So our Armada acquisition, Core is a special corporation. I'm guessing what it's for. When I see crrp, I will probably Core. But a special purpose acquisition company sponsored by Arlington. That's Michael Arlington. XRP Capital Fund today announced it'll change the ticker for its symbol for class A ordinary shares on NASDAQ from AACI to xrpn. In addition to the ticker symbol, its units will change from AACIU to XRP nu and the ticker symbol for its warrants will change from AACIW to xrpnw. Yeah, it makes a little bit more sense. Right. So basically kind of changing it over from what it used to be more in line to, you know what, it makes a lot more sense. Ticker symbol changes. Yeah. Effective upon the commencement of trading on Nasdaq October 30th two days ago represented a key milestone the company's strategic transformation. This is kind of cool. It simplifies everything, right. It makes a little bit easier to. Easier on the eyes.
B
Yep.
A
And this, this change comes on the heel of last week's announcement that Evernorth holdings, this newly formed Nevada corporation called Ever north, has executed a business combination agreement with Armada. That's the business combination agreement which results in a new company that raised over 1 billion in gross proceeds. Billion dollars fund open market purchases of xrp. And this is really the first company that's majorly focused on xrp. Everything kind of skips around it. Everything kind of like maybe uses it, you know, Ripple. Now with the, with the Ripple USD. Brad Garlinghouse reminded us last week in an ex post, Jeff, that he was going to, you know, everything that they do has something to do with xrp, you know, and not that they're not moving away from it. There's not any sort of focus taken off. So this is, this right here. I, I just think this is kind of came out of left field. I was just shocked to see something like this, you know. Yep.
B
I'm really excited to see these updates and changes. This is where we're starting to see Trade 5 and, and the whole crypto passion all coming together. You know, we're going to really start seeing, you know, some big, some big moves. This is big. This is huge. I Think this is the beginning of the big movement up. We've already seen Grayscale and, and others that have been doubling down on their ETFs. You know, what was it not? It was Thursday. I believe it was Thursday. Grayscale launched their Solana etf. Friday I got into the Solana ETF and it's really cool to see. You know, I like seeing on the traditional finance side, yeah, I like seeing this rollout of the different ETFs. The SPAC, you know, when you get into a SPAC, I think that, you know, potentially has different risk involved, but we're starting to see transition where they'll move from SPAC over to more secure, secure product. And just overall though, group by group by group, you know, you have I Trust Capital, which I think we need to talk more about. There's a lot going on with I Trust Capital and it's been around for, for a long time now. Allowing people on the traditional side to invest in XRP and other digital asset. Grayscale will be rolling out an ETF and XRP etf. It was very cool to see there was so much outflow from the Bitcoin ETFs with the rollout of Solana and I think bitwise rolled theirs out first and then Grayscale rolled theirs out and it was, it's really cool to be able to just so easily move traditional asset from one ETF into the other. One crypto etf, I should say, into another crypto etf. And the way they break down the investment, I, I want to say yesterday, I don't know what it closed at. It opened at like 13:54, $13.54 or 56 cents somewhere in there. That was the Grayscale Solana ETF GSO. So if you want, you know, entry points, you have, you know, f friends, family that have always talked about wanting to get into crypto, you know, and they always found it difficult to try to navigate the new tech or they didn't want to open up a Coinbase account or whatever it might be. And they were just tried and true with whatever, you know, passionate investment. If they're on Fidelity or, or any of these other investment vehicles, then they can easily get into grayscale. They can easily buy grayscale Bitcoin, GBTC or the btc or they can go into G Soul, which is for Salana and soon xrp. So that is going to bring such vast amounts of money investment, you know. Plus we're going to talk more about how the all of These assets are going into the Treasuries. So a lot happening.
A
Yeah, it's a lot happening. And, and I saw this question or I said this comment here from Tom Nielsen. He's saying all of these ETFs, new partners, but no wild price on XRP. I mean, what will it take to move? Yeah, there's nothing for XRP quite yet. Okay, so there's, there's some. The rain, the range seems like it changes. I've heard as many as 22, but somewhere in the neighborhood 18 or 19 now that the government being shut down there, they have been putting some of them through. The one like the Solana one. The chair of the SEC talked about how they did that. There was some kind of a waiting period and there's sort of a principal way to put it through. But with the government shutdown too, that's going to affect some of the approvals. But as these approvals come through and Jeff, you commented on this. We saw this with Bitcoin. If you started looking at the ETFs, the purchase price, purchasing of the ex of the Bitcoin was something like 70%. 60. 70% was going into the ETF and that wildly affected the price. And I expect the same thing will happen. We will see it, it will be, it's not going to be like the magic bullet or anything, but you're going to see over the course of maybe several months as they all start getting released, that's going to move price a little bit. You know, it's going to move it, but also to the adoption. Right. So it's all about the usage, it becoming a sustainable business model of sorts. That's going to be really key to sort of keep this up.
B
Yep. So here you go. I mean to this point, this, the Grayscale Solana Trust ETF closed yesterday at 1373, up 74 cents. I mean that, that's a nice move. You have a 5.7% gain yesterday on the G. You know, so you're going to see, you know, significant inroads into, into this asset. You know, obviously as they go live and they get the approval on it, some of their product has been around for a while and only accredited investors could uh, could get into these, uh, different platforms. So we've seen, you know, if you look where this has been, you know, you go back into, go back in time a little bit. And the market for the grayscale, the G soul has been kind of up and down with the rest of the market, up as high as 22 at its height, you know, so, and that's going to move with the valuation of, of Solana. You know, and I, you know, it's been in, you know, definite low points. Look at that. At its highest $30 back in January year to date. You know, if we go over the five year, let's see, the highest point was $108 back March of 2024. Interesting where Solana was at, you know, kind of at its, some of its peaks over there. Now with Bitcoin moving the direction you get an XRP rollout into an etf, I think the market now we're starting to see the, the foundation, the interest in the marketplace as a whole. I think there's more recognition and identification of XRP in traditional finance at this point. We there, there a lot more needs to happen. I believe we're going to go through probably 26 it right now. You see the building and the news, the media, they're, they're bringing so much focus and attention to what this means. The, the building of treasuries. As soon as we see corporate treasuries start piling up, XRP or XRP ETF or whatever it might be, that that's where who is asking the question, what's it going to take? We, we haven't had any movement mainstream for XRP yet. You know, it still needs to happen.
A
Yeah, for sure. And also too, a lot of people always ask like, hey, how come the, and there's different types of ETFs, you know, you got futures ETF and you have a spot ETF and people are like, well, how come like In a Solana one, why is it tracking it, you know, 13 versus, you know, what Solana's tracking at in the hundreds of dollars? I don't know what the current price is. And a lot of it has to do depends on like market conditions, supply, demand, sentiment. There's a lot of other factors which are, which go into calculating that price in an etf and it generally can move independent of what you see there. So like for, for example, if, you know, the, if Solana drops a certain percentage despite, you know, despite maybe good flows and everything else. So it can affect that. But again, that's why people are like, wait a minute, I can't buy Solana for 13 bucks. You know, it's like it's not, it doesn't correlate the same. There's a lot of things that are different about it. But the underlying asset that's purchased is Solana. Right? So it's the Way, the way the ETFs calculate, it's a little bit more complicated but so people are always wondering, well wait a minute, I buy a Bitcoin ETF and it doesn't have anything even remotely to look like that. But again what you're looking for when purchasing those and, and this is what's great about it. Like the ETFs were always in traditional type of the, you know, your typical like fidelity accounts, your 401ks, all these type accounts. But you're soon going to probably see more crypto being held. But it's a lot easier for people to get into an etf. They just simply would go boom, popping. There's the, there's the Bitcoin Grayscale ETF, right? There it is trading at 86. But look at, look at the, look at that. That's over one year, right.
B
So it's gone April 25th chip.
A
Yeah. 56. So. But it's a lot easier to get into this as well. Right. Especially if you're on a platform where let's say you have a retirement type of account, you can easily, you know that, that has ETFs, but still, you know, you can buy shares of this and you know, if you'd purchased within a year, even From, I'd say April 25th, it looks like it's up 56, almost 60%. Right. So pretty, pretty interesting. Jeff, I wanted to read this other quote from, from Michael Arrington here. I like it. Let me put this up here. He says as a spec sponsor, long time XRP fanatics. I love that word. We at Arrington Capital have high conviction in Ever north's ability to drive meaningful impact and add shareholder value, said Michael Arrington, founder of Arrington Capital and chairman of the board of Armada Acquisition Corp. In recent months, XRP has maintained a prominence in an ecosystem that continues to expand through bold product innovations, a relentless community and a string of notable new contributors including Hidden Road G, Treasury Rail and Standard Custody. All pretty new acquisitions within the last two years for Ripple itself. And Michael Arrington, he started off with TechCrunch. He was the editor and founder of TechCrunch. In 2017 he founded his, his fund. I think it was 100 million when he first started it. Something like that. He started a fund in 2017. Of course he's been funding projects and doing stuff like that. So he thought like, oh, he left. He lives a very popular, well done thing like TechCrunch. But then he goes on to do even greater things in the space, especially Focusing in and around the whole crypto area which is really cool.
B
Yeah. It's really amazing to see, you know, how we have some of the, the big hitters from back when that are big hitters in the new tech. Obviously they come with a lot of money. You know, that definitely helps to get into it. But to see they had the vision back then, they're not just going to start throwing money around for the heck of it, you know, in technology that they don't believe is going to succeed. So that's where, you know, the old tech guys, you know, know the direction things are moving in. The ones that are putting their money behind it. Really great. Sir John is saying they can't put XRP ETFs into production at the beginning of a bear run. They have to wait for a year so they can show big gains through three year period after they start. Which is an interesting point, you know, in terms of when do they roll it out, how do they get some traction on it, how do they show gain? And there's definitely going to be a little bit more to it when it rolls out.
A
But I want to show this term bear run though.
B
Right?
A
Yes, I understand a bear. Bear decline maybe because it's not. I've never heard the term bear run. I guess there's a bear, you know, period. There's a bullish period but you know, a bull run. But I've never heard of bear run because usually that's running in the wrong direction. So. But yeah, I get your point though.
B
100 so, so grayscale, grayscale actually does have an XRP trust and so that is available if you're an accredited investor. There is a way in through the grayscale. Even the, the Solana ETF had been active for a while. Just got its approval for mainstream investment. The grayscale XRP trust has been around since September 5th of 2024 and. And it really, it breaks down. You know, what, you know, all the, all the different details on it right now if you look at their per share, they're at 49.36 on a grayscale XRP trust. So that's, you know, so as we take those things into consideration out, I don't know, you know, what is this going to be when they do get their etf? Is that going to blow up? Is that going to stay the same? Does that number go down? You know, is there an adjustment? Are they doing a split? Because they did do that grayscale, Grayscale. They had the GBTC and then they launched the BTC Trust. The BTC Trust originally launched at like, you know, 14. Oh no, it launched at like $4, 4 or $5. I remember the entry point when I got in. Then they did a reverse split. They did a 10 for one reverse split. Oh, and jack the price up to 40 or 50. So it's kind of a different situation. So you're in, you know, if you had a thousand shares and you do a reverse split 10 to 1, obviously you don't have a thousand shares anymore but your value is the same, you know. So if you're in it, if five dollar investment point, all of a sudden each, each ETF share is now worth 50. So the question is how do they manage from this perspective? Are they going to do a split? Are they going to do, you know, they won't necessarily do a reverse split in this case, but are they going to do a split for anyone that's already invested to bring the price point down. And so there's a lot of things that can happen before it goes mainstream. And it, I'm just looking historically based on what they've already done on the reverse split with the BTC because they had a such a low entry point gbdc. The entry point on that started, I think it was like 12, $13 somewhere in there. I remember getting in. Now it's 8. What do we look at? It was a 80 something that just grew kind of naturally, organically. It didn't do any type of split on the gbtc. So there, there's still some things yet to come and, and this is where it gets interesting from a, on the traditional finance side just to see how they leverage it, who's getting in, how are they getting in. Plus the other benefit of the ETF that is severely overlooked is that you can buy these ETFs within your retirement accounts. So just like I trust. But the 401ks, depending on your platform, if you have access, you should be able to look in and say, hey, I want to get gbtc. Well guess what, you can take a per, whatever percentage, whatever you want of your 401k investment and you have access to all the different mutual funds and shares and stocks, whatever. If you have full access to it, you can invest in Bitcoin, you can invest in XRP and you can do all of those things and benefit from the gains of the market in the 401k which is to me that's exciting. I like, I like seeing these opportunities to be on all sides of it. You know, depending on how Heavily. You want to be invested in. In crypto. That's it. That's all she wrote? That's all I got. Got nothing else to talk about.
A
And.
B
Good night, thank you and good night. And by the way, today's show is brought to you by five bucks for a latte. Half of that feed some hipsters avocado toast habit. Quit financing coffee fads you don't need. It's time to rebel. Your badass great grandpa had only one tin cup and brewed his coffee over an open fire.
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And that's a QR code.
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Dot com. There is a QR code if you're watching on a computer. If you're on your phone, well, you just have to pop in.
B
If you're on your phone, then just look at the QR code. It looks really cool. Can't really do anything with this.
A
Well, no, you just go to. That's not true. Let's go to Badass for coffee. I just dropped the link in there. There you go.
B
@Astercoffee.Com.
A
There you go, baby. Badassery. What's cooler than a flaming skull anyway? I mean, let's be honest. There's really nothing.
B
Your name isn't short enough. You just need to shorten it. Ditch.
A
Well, it's funny. Sometimes I'll sign an email to see because I'm just too hard to type. Those eight. Those two or three other letters, man, it's like if I'm making something really quick, I'll just sign it. See, you know, it's like, because, you know, it's too much work.
B
Oh, I see what happened. Osman is. I didn't even notice that until he mentioned it. He said, zoe, it's not short enough. You now have shortened. Look at the name on your. No, no, I know on your face.
A
Because all my settings got hosed today and when I was. When I went to type that in. It's unbelievable, man. It really is really dumb.
B
So funny. I don't know why I didn't even notice it. That's so funny.
A
There we go. You guys feel better now? Here.
B
Oh, doing a leverage bio to Starbucks.
A
How about that? That's right. C and J.
B
That's it.
A
That's beautiful. It's a beautiful Thing, man. It's a beautiful thing.
B
Beautiful day in the neighborhood.
A
It's a beautiful thing. All right, so let's go on to some other news here. Yeah, this. So Ripple swell happens next week. This is gonna. This looks to be a really, really cool session right here. This is the digital asset Treasuries that have exploded this, this year. And that's another big thing too. I think that it also talks about confidence in the market as well. When you have at least. I think there's at least eight that I'm aware of, maybe nine where companies are purchasing XRP for their Treasuries. And we saw this happen. Michael Saylor, famously the guy that started it all with the adding Bitcoin to the Treasuries now is probably one of the, one of the biggest whales out there as a result. But you started seeing a lot of companies adding XRP to their Treasuries. Evernor CEO Ashish Burla and David Schwartz joined Michael Arrington to talk about what's expected. I always, I don't like when they do this. I, I find this is bad style right there. Put their name and put this in quotes because then you can't read it half the time. You gotta like mouse over just. Or Poor, poor, poor, poor across the board. You know, they're not their handles. They are their names and then their handles are secondary. So I always like to see that in quote because Joel Katz is not David Schwartz. Ash Go Blue. I mean it's great that he's a Michigan fan, but nobody sometimes will read Ash Go Blue without knowing who he is. And Michael Arrington to talk. And then they put Michael and then at Arrington. I gotta have a conversation with these guys about this. But they need to have a standard on this across the board because I see this all the time where people just put handles in there and it's like, it's. There's a lot to read. You have to mouse over and see. Like you gotta put your, put your cursor over it name and everything.
B
It should, yeah, it should be nice get to a point where you can just use, use your name and that, you know, just.
A
Well, there should be a way to link your name to your handle. That would be cool. Like some kind of, some kind of code you put in. It shows up as your name, but your name you can click on it, right? That would be a better way to.
B
Do it because that'd be much better.
A
With the, you know, with web you just would put somebody's name and have the Link to their handle. That way, there's no way to really do it here, so they default to the handle. It's just. To me, it's sloppy, but that's just me.
B
It's got. There's got to be an easy code. Definitely easy code to do.
A
Well, it would have to be programmed into the option.
B
Yeah.
A
This looks to be a fantastic session right here. Really looks fantastic. And then this one, too. Where's the other one? I thought I had another one up here somewhere.
B
Man, you're gonna. You're gonna be able to meet all these guys. You'll be able to meet.
A
I won't be able to. Yeah, I will be able to meet him. He won't be that excited about meeting me, but I'll. It's like, who are you?
B
I'm just kidding. You'd be like. Be like chip on the chain. When. When can we book my. My time slot?
A
Yeah, come on. Yeah, that's. Sure. There was. There was. There was another one that I wanted to pull up here. I gotta see where it is at. Somehow I pulled up the same one twice. I think it's this one right here. Here it is. This is the other one that I want to talk about, too. What does secure institutional custody look like in a tokenized world? Next week, it's, well, 20, 25 leaders from top banks and asset managers, including. You have Sandy call. She's from Franklin Templeton. We've seen a bunch of videos on her. Ryan Rugg, she's from Citigroup. You got Cynthia Bessette, she's from Fidelity. We talked a little bit about Fidelity. And of course, Reese Merrick, he's from Ripple. And Reese is going to be moderating this. You see how easy it is to read? And then, so at City Club, go there. And Fidelity and this and that. And this is Franklin.
B
Those are at least the companies.
A
Yeah, but they didn't put the names on there. It would have been nice. They have it in the card so they don't really have to worry about it. Right. All is good.
B
It's a very institutional custody and tokenization. So now they're talking about more on the tokenization side. What that's going to mean, you know, the streamlining of your typical, you know, portfolio investment. How much more streamlined, you know, a lot of this. What they don't want to mention is they're cutting out the fat. They have to simplify, you know, tokenization on the ledger. You think about how many people have to touch a stock portfolio to manage, maintain across the board. Not just in one portfolio. I'm talking about just kind of leveraging the entire industry. How many people are involved, you know, and the human error potential, but you know, just from an ease of movement because you look at settlement, if you're buying and selling on your exchange, that, that buy, that settlement doesn't happen instantaneous. Sometimes it's a two to three day settlement, but you're leveraged with your investment. So your, your exchange may or may not let you use those funds immediately and they'll give you access to the funds to reinvest. Sometimes they do, sometimes they don't. And maybe it has to do with how much you have already invested, etc, but it's amazing to me, once we get through the tokenization now we're talking about streamlined settlement, maybe they still want to delay, they don't want instant, they still want to hold money. Maybe they have your money tied up in different ways, which they probably shouldn't, but let's say they did, but they need to have, you know, a time to release funds. And if the entire industry now goes through full tokenization, we're talking about streamlined potential, not to say it would happen, but potential happening of a 247 exchange capability similar to right now in the crypto market where you can buy and sell 24 7. You don't have a human element always monitoring your purchase and sale of XRP and the full settlement thereof, you know, within the platform, within the exchange. Imagine you can do that. You want Microsoft shares. You don't have to, you don't have to wait till market open or pre market or post market. You know, not everybody wants to trade in pre and post market because there's less volume and it's a little more volatile potentially. So. But let's say midnight, you want to buy, sell your Microsoft shares. Now everybody has access, the Entire Globe has access 247 to, to buy and sell Microsoft shares. As an example, you want to sell them at midnight, sell them at midnight. So I'm wondering if that'll happen if you have that possibility. The technology is there, it's proven within crypto, it's proven you can trade 24 7. Are they going to allow that with, with your tokenized securities? Good question, Chip. Thanks for asking.
A
I didn't realize I asked that question. That's really, that's what's really crazy. I didn't realize that I actually had asked that question, but apparently I had. Apparently I had. That's interesting. But who knows really, by the way, you were mentioning that, so I thought I'D pop this up real quick. Here's a, here's a Look at Apple vs Microsoft performance comparison. And in the green is Apple and in the tan is Microsoft. So Apple's up 32% and Microsoft's up 19%.
B
Wow. What do you think the big changes at that, at that moment right there, what is propelling Apple from an announcement perspective, company growth perspective, what's pushing them?
A
They announced the new phone, but the new, you know, I'm really, for being such an Apple fanboy, I'm really disappointed in a lot that's going on because you can see that they were tanking compared to where Microsoft was on a straight, A pretty good trajectory going back to June was really leading. And then right here around the, right around September, this was the announcement came out about the new phone. So it might have been some sale. I don't know. Something popped the price up. But historically, Microsoft's actually been in better position. You know, I, I'll be honest with you. I just, I think Tim Cook is a, he's, he's a guy that maintains legacy code. He's not a thinker, he's not a strategist. He's just a, whoa, let's maintain what's already here. He's, he's not the right guy. I'm not a fan of Tim Cook. He's a good guy in terms of, you know, really being, promoting and stuff like that. But I mean, like what, you know, since, since these jobs have been gone, he's been riding a legacy stuff. And they announced a brand new phone and the best thing going for it, they always tell you the camera's better. Like the people care. People gonna drop another 1200 bucks? You know they're not.
B
No, that's, I can't figure out, like, are there people that are running out with every phone release and getting a new phone, are they dropping $2,000 or what? What do you get out of it? I don't understand what, what's new on your phone that's going to drive you together?
A
Even on the Android side, it's like there's not enough right feature. It's like, oh, I need that feature. A lot of times features are updated in a software release. Like, oh, now you can do this. Okay, cool. Once the, the, the actual, the, the hardware gets old, you know, some things you can't do, you just don't have the power of the chip. But to me it's like, you know, I know you come out with a new phone every year, but there's like, nothing new, really. There's no. What's the, what's the big deal on.
B
The, on the max, I'm still using an S20. They're at, they're at the S25 or S26 advantage. I saw it in Korea, I saw their latest and greatest tech and I'm like, oh, that's really cool. But what is that going to do for me every single day? I don't want the, I don't want the bifold, I don't want the trifold. I was watching people walk around with a bifold thing. I said, why don't you just get a tablet? Why are you standing around like a douche with this tablet in your hand with your phone? Like, I don't understand. I don't want that either. You know, I'm gonna go sit on my computer. It just. I want my phone. I want to make phone calls. I want to check email. I want to, you know, I'll work with Chat GPT. I can edit, I can go on a Canva. I can, I can do everything I want on my phone. If my whole world was Canva, maybe then I would want it. But then I'll be like, why would I want that? Let me just get a tablet and I'll pull my tablet out and work on it.
A
Doesn't seem that great, you know, so maybe that's what propped the price up. But I don't really see any real innovation if, you know, I mean, Apple had started a whole brand, a whole from scratch AI department, an AI group. It failed and they disbanded. It's like your Apple, you've got billions of dollars, go acquire one of the top. You know, they should have gone anthropic. They were. There's conversation about them getting anthropic. The longer you wait, it's not even. And then what do they do? They roll in Chat GPT into Siri. Siri is the worst product on the planet. There's a brand new startup that came out called Flow and it's effortless. I enable Flow on my keyboard and I can blow, blah, blah, mumble a bunch of crap like how Siri used to work. Gets it all spot on, word for word. Half the time I have to speak to Siri like this and I'm like, come on, Tim, you can't. You keep devolving a product that gets worse with every release. You got people, you know, you've got the. Everybody wanting to revolt. It's, it's just a horrible product. You build a bad product. You disbanded Your AI department. You let your best designer in the history of the last 100 years leave the company and then he goes off and sells a company, becomes billionaire. You just it to me, it's like you, it's not the spirit of Steve Jobs. The spirit of Steve Jobs is not alive and well. Apple what's alive and well is a guy who's maintaining and it's, it's unbelievable. They've been able to maintain stock price increase. But where is Apple evolving to? What's the next cool thing? Okay, iPhone was, you know, 2007. We're coming up on 20 years. You know, I mean, yeah, they re, they, they, they basically re reimagine because remember everything up to that and had a stylus, you had a stylus, you had a physical keyboard. And it was Steve Jobs that said, we don't like it. We think the best stylist you have is your finger. And we're going to use your finger. In the beginning, there's a lot of, you remember, the people were like, oh, there's a lot of resistance. They're like, no, we need the physical. And then realize that there's no phone today that has a physical keyboard, you know, that you like. Jeff was saying, like, I just, I don't care for it, man. And the thing about it is like with keys you can do stuff. With software, I, I, I'm so much faster. So. And if dictation works, you don't even need that. And half the time my computer on my Mac, I hit the function key twice and I'm dictating. Now what's weird is on the Mac, flawless dictation. I don't know what the difference in. It never trips up on anything I say. My phone can never get it right. And I can't tell you how many times it puts Crypto with a K. What the F are you doing? Crypto with a K. Why are you spelling crypto? We're not talking about, we're not talking about crypto Superman's dog. Because it, you know, it's named as a, I mean, what is going on? I, I just, and there's no way to like commit it to memory. Like if you're a chat CPT and you have a pro account, you can say, hey, store this in memory. This is always spelled this way. Always do this. I want you to commit this to memory. But and what does Apple do? They roll in chat GPT. Half the time I ask Siri a question and as well, would you like to use chat GPT? No If I want to use Chat GPT, I would go into Chat GPT. Like what? Sorry.
B
No, it's true. But it's true. It's across the board. I think the more the things seem to be advancing, the worse things are getting. You know, Chad brought it up. He was kind of thinking exactly what I'm thinking. The damn autocorrect. How bad is auto? Not just dictation, but when you're typing. It used to be I'll type stuff. It would predict stuff. It would give me the word. Now you start typing. It doesn't. It doesn't know how to spell right? I just want to start typing letters like I know it. This is how it's spelled. But normally, let's say you were in a spell prospect, and you left the O out, right? It knows, right? It just. You start typing prsp, and then it's like, okay, prospect. Right now it doesn't know. And all your words, all your sentences get jumbled up. You're typing. You're like, why isn't it predicting simple words? It doesn't even know how to spell. Then you have to look it up, and I'm like, am I wrong? Did I misspell it? Because it doesn't know.
A
Part that gets me is, like, I have to select my word that I typed, right? And if you.
B
Yeah, exactly.
A
I typed it right. I typed ripple, ripple. And then it. It changes to something else. But why do I have to change my word if I see that, oh, I made a misspelling.
B
And why doesn't it remember it?
A
I'll select the new one. It doesn't remember anything. You retype. You retype the word crypto. It puts it with a K. I'm like, you know, it spells Jeff. I must be on the British version because it spells Jeff G, E, O, F instead of J E, F, F. But I'm like, dude, this is driving me crazy. He always changes your name to Jeffrey with G, E, O. I don't know if that's a British thing or whatever, but, Jeff, I was unaware of this. You didn't tell me that. The badassery is doing a leverage buyout of Starbucks.
B
Yeah, it's gonna. It's gonna be awesome.
A
Swell. Is the last New York City conference before it becomes a communist satellite.
B
That's right. It'll be.
A
We're halfway through, Jeff. You know what it's time for?
B
It is time. Oh, is it that time? Holy. It's already got to go on the 40. On the 40. All right, now there's a New word of the day. Actually, it was the word from the other day. Is that the word you're using? I hope so, because I put it all throughout the entire song.
A
You can ask them how to spell. Sure you can.
B
That's right. Chip, I hope you. I hope you put the. The word of the day as the word from the other day. Did you?
A
That's what Jim D. Says. This Samsung always wants to connect to his LCD monitor while the otc. Yeah, Stupid things like that drive me crazy.
B
Like it always.
A
Why?
B
Yeah, right. If you pumped it once, it's going to keep prompting you. Like why you put up connect to your monitor. Do you want to connect to your thing? All right, here we go. Do you have.
A
What's the word? What's the word?
B
Rigged. Yep, there it is all throughout the song. So I. I saw a couple yetis. So if you guys typed in yeti. Two rigs, but here we go. Fred has got rigged. Sir John's got rigged. Everybody knows rigged.
A
Still only those are the two that put it in there. Yeah, rig. That's it.
B
But here we go. Check this out. This is going to be just middle of the screen. This video is strictly lyric with some. You'll be dead center of the screen. So here we.
A
White tri from lava Raised by chaos they ignite the storm Fur that sizzles Hearts reborn from molten cracks they are the storm Some say rig for racing yeah, it is a rig for war that cuteness kills day of a storm but that's a coffee at the core with claws of fire and eyes that gleam There's a nightmare in your dream Built for battle and on the chain.
B
And there and there and there.
A
Where do we go?
B
You have it.
A
I was like, where do we go, Jeff? Where did we go?
B
I don't know. I was looking. We're gone.
A
Dope track Visual Vendetta says. That was a good one.
B
That was a good one.
A
Yeah. So we have 11 in there now. That's good to see. 11 people have typed the word rigged. You only type it once. You can type in seven times.
B
That's right. You better believe it.
A
Yeah. That was a good track, man. I like that. No chain, no pain, baby. That's what it is. No chain, no pain. No pain.
B
Remember, it's all rigged.
A
It's all rigged, dude.
B
Rigged.
A
Rigged. Needs. But put this up. While the rest of crypto tries to integrate their D5 into TradFi ripples, integrating their TradFi into their D5, this is the single stroke of genius that will define xrp. Success. Ripple has strategically circumvented the system to become the TradFi 2.0. David Schwartz chimed in and said, I think institutional adoption is needed to pave the way for the next wave of retail adoption. If Defy is going to replace tradfi, it's going to have to do all the boring things Tradfi does. And institutional adoption seems the most likely way to make that possible.
B
He's so 100. That is so spot on. And that guy's smart. He just needs to stay out of other things. He's so smart. But that's it.
A
Elliot Terry put this out. The 10th Circuit Court of Appeals ruled in the Custodia bank versus the Federal Reserve case. In a 2 to 1 decision, the court sided with the Fed, rejecting Custodia's bid to compel the central bank to grant it a master account. Now this is, what's this whole thing with Custodia, they three, four years of the Biden administration. Now here's what's weird about this, Jeff. Two of the three judges were appointed by Republican presidents. So you can't say, well, they're liberal judges, okay? But you can see that they're really. And they're. And the difference here, like, people go like, well, Ripple has a, you know, bank charter and that. Okay, Ripple's institution, it's a whole different thing. This is talking about retail. So Custodia bank is a retail bank and part of. And it's a crypto bank. It's. There's no like, hey, we're, they are a crypto bank. And what the decision was, was, was based on the fact that they're too worried about crypto. And like, this is old thinking. This is thinking from 12, 13 years ago. And so it's. I hope Trump waits.
B
He's gonna have to. He's gonna have to. We're not, we're not 100 there yet though, Trip. I, I firmly. But we're just not there yet. The, the whole.
A
But the Federal Reserve. Is the Federal Reserve going to stop any bank from getting a license, whether they have crypto bank or whatever? To me, it's just another reason to get rid of the Federal Reserve. The Federal Reserve is not federal. There's no Reserve. And all it is, is a shakedown corporation. It's a leg breaker corporation. It's like a mafia run operation. Who the hell is ruling at the Fed? Who the hell gives a. They're like, they're nobodies. They're just, all they are is a, a cartel that loans money to United States. And now the United States has to pay. Why is the United States loan. Why, why are they paying interest on money that they can coin? This is the dumbest thing ever. It's been going on since 1913. And no, everyone's just brain dead or like, well, that's the way it's always been. John Deaton said the fact that it wasn't 30 is promising for either an N Bank hearing at the 10th Circuit or a rip before the Supreme Court. Keep fighting. Caitlin Long. Caitlyn, yeah, she's gone through.
B
They're Albino bank and name only Albino.
A
Well, she put the Custodia bank put this statement out here. It said while we were hoping for a Win at the 10th Circuit today, we received the next big thing, A strong descent. It raised serious constitutional questions about the Federal Reserve and was written by a judge sitting by designation on the panel of a similar case in the 9th Circuit, including Judge Barack's opinion in the 4th corner case. And now there's a 2 to 2 split on this question among 10 circuit judges. Two to one in Custodia's favor. Among the active 10th Circuit judges, Custodia has an option to petition for re hearing by the 10th Circuit and we're actively considering that.
B
That's great.
A
I think a writ for, I think a writ before the Supreme Court makes more sense, but you got to exhaust everything before you get up there. And I think this is a good thing. It's a very good response and it just shows you how divided. How do you have one chord, the ninth Court ruling over one thing and then setting a precedence. But it is it. What they were looking for was the strong descent because now they can have the. Now you've got the constitutional question comes up and now that's something that would be a sticker at the Supreme Court, you know, via writ, like John Deacon Deon had had mentioned.
B
That's it. I mean it's, it's really. We're moving towards just full market adoption. Right. And, and we've talked about this and this is where the Damn fanboys on YouTube that just kill me how dumb they really are because they promote stuff that's based strictly on their emotional internal opinion with zero fact involved in and around it. When they talk about XRP is going to replace the US dollar, the crypto market's going to replace the entire financial infrastructure, everything's going to run on the rails of xrp, blah blah, blah, blah, blah. Right. What they don't factor in ever. And they always say end of year, next year it's going to happen immediately. It's, this is happening as we speak right now. Get ready, the rocket ships here. It's impossible. There's, there's no validity to any of those statements today. Ten years from now, it could be different. You know, who knows where we're going? What we're seeing right now is that a 10 year, we're one decade into blockchain. One decade, One decade isn't going to all of a sudden replace hundreds of years of financial infrastructure. And when we talk about financial infrastructure, we're not just talking about the minting and the printing of currency. We're talking about all of the power that goes along with it. You think that people are just going to automatically just step aside, be like, oh, look at that, there's ones and zeros on a spreadsheet, on a ledger. We're just going to step aside. That obviously works so much better that we're going to lose all of our power. 100 of our power gone. We're just going to accept it. That's never going to happen in anyone's reality. Never going to happen today, right? Because, because the Federal Reserve, right, Central banks, government, politicians, all the people that have their, their hands in the cookie jar, you think they're just going to go away tomorrow? Not going to happen. And so what we're seeing right now is the fight and, and it's going to play out. Is it going to take a year? Is it going to take two years? Is it going to take five years? It going to take an entire decade? If this has to go to the level of a Supreme Court, how many years is that going to take? Where are we going to get. At the end of the day, technology is going to, is probably going to ring true. We know that the corruptive nature of government has to go away. We know that in order to get rid of the corrupted nature of government, you need full transparency on the other side of it, right? Corrupted government, corrupted minds, corrupted individuals. Why is it that we're seeing while we're rolling out the greatest time in human history, stupid people. Libertarians and liberals are adopting socialism in their mindset, in their passion, at a pace that we've never seen before in the history of humankind. All of a sudden people are moving. And not just moving, they're running to it. They're running to it all hook, line and sinker. New York City, California, Michigan, the uk, Germany, you know, you go throughout Europe, they're running to it at such a fast pace, they can't wait to give up their freedoms. Can't wait. People are so stupid. And so the Crypto bros and the stupidity of socialism, they're coming together and blending so well together. Because at the end of the day, you know what they all have in common? Ship? They're all uneducated. None of them want to look at any facts of anything. All they want to do is just emotionally throw themselves into FOMO and FUD and get rich quick schemes. How do you get rich quick if you're falling to socialism? People that are adopting socialism are buying into I want everything for free. You know, they bought into such. You know, there was one guy on YouTube and I think he was a minister. He was preaching in front of his church, and then he was talking about all the clothing brands and, and he's looking at the, at the clothing brands, right? Gucci and. I don't know, I mean, there's a whole. Whatever they are. And at the end of it, he said, here's the clothing brand. It's somebody's last name, right? It's a family. It's an infrastructure. He said, you go buy your Gucci or whatever, whatever brand you're buying, and you're feeding their family and you're running around like, hey, I've got something cool. I'm wearing something cool. Look, I've got their logo on my shirt. I've got their logo on my bag. They've. They've convinced people and this has gone on for a long time. Obviously, Ralph Lauren look. I'm wearing Polo. Oh, everybody's got Polo. They got to get the Ralph Lauren.
A
I only wear Lauren, by the way, if you want to know the official clothing. Jeff, I only, only wear Ralph Lauren.
B
I know. I notice. I'm not, not knocking you for it.
A
But it's, it's saying it's my, it's my uniform, dude. It's my uniform.
B
I know. It's good quality. Well, it's nice. You know, I like, I like the quality of stuff. And we're all, we're all in that same pool where we're running around, you know, buying certain, certain clothing. You know, some because it's better quality. Some, you know, people want the huge logos and they're running around, but sergeant bashing you. That's right. You. You probably have the, the huge logos on everything that you're wearing.
A
Well, Jeff.
B
No, but you, you get, you get my point. I mean, that's the, the point is that it's so ingrained. The control and the power and everything. The power hold we're not just all of a sudden moving over into a full, full on crypto. We're seeing the battle play out in front of us. The biggest battle was the SECV ripple. That was the biggest battle of our time. We haven't seen anything yet. Wait till, wait till the Federal Reserve starts fighting back and all those. And all the central banks start fighting back. We're gonna, so we're gonna see something at a level and we just saw the beginnings of it. We saw them trying to fight. Right. And, and there's going to be so much more that's going to come. We have to fight for freedom. You know, thank God we're going to lose New York City to the Islamists and, and you don't. And everyone thinks that's okay. You think it's just about socialism.
A
Fantastic.
B
Personally, they have to fall. New York has to suffer based on their decision.
A
I hope it's pain and suffering that has never been felt before in the United States. That's what I hope it is.
B
That's it.
A
It has to be that bad. But the reason everybody's saying all Jeff, you would have been if you're in the uk, the police would be knocking on your door right now.
B
Oh they, I'm sure they would be. Now I don't think we're gonna ever be able to travel back to the uk Honestly. I don't want to travel to the uk. I used to love going to England. Loved it. You know, even though the food's not so good. But I love the pubs. You know, I, I love, I love steak pie, I love shepherd's pie. I love stew. I love all. I love fish and chips. I can get, you know, fish. I love curry. I love all that stuff.
A
Look at this. He wears silent luxury. He hates big logos. By the way, the ones that I like, I like the big pony logo even better than the small pony logo.
B
Because it does look cool.
A
I like that I prefer Ralph Lauren purple label over polo and though. But the reason is, is like, look, the quality is always there. They're, they're made of a certain quality. A certain. There's like for my knock around clothes, there's a certain brand that I like to wear because the thicks are, the shirts are thick, they're heavy, they're durable and that's the reason I wear it. I don't even. I hate their freaking low Carhartt. I wear a lot of Carhartt. I hate their logo. I don't think it's. It's a hor. Was A horrible logo. Unfortunately, you can't buy the silent there. It's not a luxury brand. It's basically a workingclass brand. You know, it's mostly done in uniforms, but dude, the shirts are like, they're like thick and they last and they, they're durable. And if I'm out working outside, man, I want something that's really strong and not these little crappy. New York City. Yeah, F. New York City. The first example of this bullish leftist idiocracy.
B
That's it. And you see them coming out. You see them. They're so happy to support this guy. And the guy is obviously fake. That guy obviously has. He has nothing behind him other than his family money. The guy is zero, Zero accomplishment in his, in his entire career. Similar to like Obama, right? Obama's a community organizer. Chip, you and I are community organizers. We organize crypto community. Here we go. And. And we meet three times a week.
A
To organize President United States. Jeff.
B
Well, he's, he started somewhere too. He was an or. Community organizer. We're organizing our community. At some point we run for office and we'll be like, we were. Chip and I were. We're community organizers. We organize people on a global scale. That's. That was our reach. Those guys were just local.
A
Yeah.
B
That's all they're doing, just spinning words and people. And there's tons of money behind it. Plus they're hand picked. There's people that are. You know, even AOC was hand picked. If you think about how she won and got into. Right. They, they.
A
I'm not convinced that the exes are on the up and up in New York. I'm just not. I mean, AOC really is. She's. I love the mouthpieces they put in front. Please keep doing it. I, I encourage the left to please do what you're doing. It's a really winning thing for the Republicans. Please keep doubling and tripling down on stupid. Because just when you thought you saw. It's not going to get dumber than this. It gets dumber. And you. I was looking at stuff today and I go, jeff, I'm like reading stuff. I'm like, when you think you can't. You've never seen something just so fabricated and dumb. The left is there to save you again. It's just, it's incredible. Scott Bessent put this on. I thought this was funny. He said, 17 years after the white paper, you know, because it was just the official date of the white paper. The Bitcoin network is still operational and More resilient than ever. Bitcoin never shuts down. The Senate Democrats could learn something from that. He told it openly using Bitcoin to openly troll the freaking. The left, man. What a brilliant stroke of genius right there.
B
Amazing.
A
Jeff, you look over what's going. Look at this. What's going on in Europe right now. So Christine Lagarde, which runs the European, you know, what do you call it? The Federal bank there, right? The European. What do you call it? What's it called? Ecb. Right. European Central Banks. Listen to this, Jeff, I want to get your thoughts on dissecting what she's saying here.
C
I have good news for you on the digital euro front.
A
Okay, so, Jeff, I love that. Right away already I got a problem with it. What is the good news on the digital euro front, Christine?
B
I don't know.
A
Tell us what the good news is. She's going to tell us, Jeff.
B
You can tell us all straight out of Monty Python.
A
Right? Good news. And then just the opposite.
C
Today the Governing Council has decided to move ahead on the next and final phase of the preparatory work for the digital euro. The other good news is that on October 23, the European Council has asked us and all those involved to accelerate the process.
A
Shocking.
B
Yes, right, Shocking.
A
That was the second piece of the good news. This is coming faster than even the first good news even thought would happen.
C
So that we can roll out the digital euro as early as possible.
B
As fast as possible.
C
This is important because as much as banknotes will continue to circulate, we want cash to be in the form of digital euro as well, so that you can circulate banknotes and click cash and.
A
Track the living daylight side of it.
C
With the digital euro, more work is going to be done in the next few months. And if we receive the approval by the European Parliament in the course of 26, we'll be able to pilot the digital euro as of 27. And if the pilot is conclusive and positive, it will be a formal rollout in the whole of Europe in 2029. This is a big project because the euro is our currency, your currency. It brings us together. It's a symbol of trust in our common destiny. So off we go with the digital euro in that next.
A
What an incredibly failed experiment. The whole idea of the euro, the whole eu, the EU is just an absolute joke. I mean, it started in 2000. It's a failed thing. It's like you're not going to. And look at how disproportionate it was to the failing countries, like Greece early on and Germany and, and countries like the UK having to do the bailouts. I'm like, you know, I get it, you're trying to create some sort of. You're not going to create the United States. That isn't what's never going to happen. And why would you want to give up any sovereignty you have, like Croatia for example, any of these countries over in Europe. Why are you going to throw down with unelected bureaucrats out of Belgium? Like what these people, they're not, they're the ones if the parliament. You know damn well the parliament has already rubber stamped this thing. If they give her approval, we'll have it rolling by 20. Well, let's see if Europe's still there in 2029. Let's see if it's still called Europe. Let's see if Italy's standing. Let's see if Germany's still around because it is. The UK is ready to fall. There's either going to be revolution or they're getting rolled and they're going to be living under Sharia law. That's it. That's how it works. And you know, we're going to return to the Crusades. You know, the Crusades always were misplaced. The way history looked at them is like these barbarians. Yeah, the barbarians that, that went and got their back after being steamrolled, after being completely decimated. Ray pillaged the whole thing. They went and got their stuff back and were successful. Either you step up now, listen, the power is there to do it. I don't know who's going to be running guns over the uk. Some. If you got illegal shipments showing up with hundreds of people on it every single day of, of illegals. Somebody's got to do some gun running over there because how are these people going to fight back with sticks? I mean the, what are the police going to do? I mean who, where, who's going to stop the, the, the revolt? The peaceful protests are nice. They had the largest peaceful protest ever. Yay. Wave the flag. Who cares? So what? You're not changing a damn thing. You got Keira Starmer, 2, 2 tier care over there, who's a complete. This guy is hated so much, his approval readings are so bad. You have the Labor Party, which is not too different from the Tories. The Tories, they go like they're the Conservative Party. Well here we call them Democrats. Tories would be called Democrats. Here they're not a Conservative party by any stretch of the imagination. Compared to what how we view a conservativism in the United States. So I always like that the Tories. I'm like, what a. You know, they're, they're probably best con. They're probably like more like libertarians here, which are lefties anyway, for the most part. Right, Jeff? It's like, oh, no, we're libertarians. Okay, so you're on the left. Great. Okay. You're. In a lot of ways, you're almost worse than that.
B
That's it. That's it. And if you look, if you look at the numbers, right, it, you can tell how imbalanced everything is. So obviously this is receipts from, and contributions to look at. And the, if you go and talk to the German public, the German public don't like the EU specifically, you know, for this. Now, obviously you, you brought up some of the things that are happening over in Europe. They're, they're importing people and they're, they're only importing military aged young men. Why? Why is that? And you'll see videos of people calling them out. Where, Where. If you're coming from such a bad country, right, you're coming from such a bad place. Why are there only men? Where are all the women and kids? Why aren't, why aren't the women and kids, you know, over there first? Why, why don't they see mass numbers of women and kids? Only the men. Obviously, there's a reason. Obviously. Same thing on our southern border. Everyone questioned, where are the women and children? Why are there so many young men coming from all over the world? Because they're being seeded into society in order to create disruption in the Western civilization. If you can create an environment where your very security is jeopardized on a daily basis, where you can't walk out of your house and feel safe and secure, you've already disrupted the societal norms. All of these European countries, you used to walk around freely in the streets, take the buses, go where you wanted to go. You dealt with petty crime and other crimes and things like that. That's just natural. The evils of regular society, now they're peppering people that are combatants from other countries coming to disrupt the actual flow of civil society. Remember that civil society, this, and this tells you everything that you need to know from the failures of the eu, outside of everything else, that every country is now being dictated to, regardless of what your societal norms used to be, what your cultures used to be. Because now your culture is a leftist, socialist European Union that has nothing to do with your actual existence, your background, or your history. You're all being branded into nothingness. And then if you think about that, who leads the charge, who's, who's actually footing the bill for everything that's happening with the eu and you think they're happy about it. And what happens when, when they, when those countries get displaced by Islamists and their monetary income flow internally in their countries drops down significantly because now they're no longer contributing. Because what's going to happen is that the freedom loving people are going to flee the countries and they're going to come to the United States. They're not going to stay over there, even though, you know, they're, they, they keep showing videos of people going the other way. They're sick of the United States, it's too expensive to live here. So they're fleeing over to Italy and other countries. Those countries have to get their shit together. We bring more Western, you know, mentality over to those countries, maybe they can save themselves, but at this point they're going through such turmoil. But you look at a country like Germany footing the bill, right? $33 billion in 23, that's how much money they contributed. France 25 billion, Spain, Italy 18 billion and Spain 13 billion. Look at the imbalance. Because then you get to Poland and then Belgium, Netherlands, Netherlands only contributes $9 billion. You know, what, what in the world is going on there? And then you look at their overall net gain. They're only contributing 7 billion. Belgium is lopsided. Look at Belgium, look how much, how little they contribute and how much they benefit from. Right. And, and you go through, you go down the list. A Czech. Yeah, Greece, Greece. Greece is a massive, Greece is basically a socialist state that's being supported by the eu. All these countries, everything, all of them, look at this. From Romania down until you get to, you know, Ireland has a little bit of an upset. You know, they're, they're actually contributing more. Sweden a little bit more. Portugal's lopsided, you know, and you just look at the, the way this is broken down. Slovakia, another. Why would a. Obviously they're getting handouts, but why would you want to be lumped in with what the EU is doing? The EU is going to do whatever is good for them, not what's good for Croatia. You know, Croatia is not the benefactor here. You know, they're being dictated to and they're going to have to do things that are contrary to what's actually good for their economy. Oh, make sure, make everything green, take away all the gas, power, get rid of your farms, get rid of your cows. Get rid of your production. You know, that's what the EU stands for. The whole thing is, is upside down. And this is where in socialism they're all fleeing, they're running, running to socialism.
A
You know what's funny, Jeff, is I was, I was telling this to somebody the other day. I said, you know, people are so invested in socialism, let's get free stuff. So snap, which is a supplemental Nutrition Assistance Program, that's the acronym, snap. Because this government shutdown was going away. I know a federal judge just ruled on this, but because it's going away, this tells you that socialism is bad. Because when a government program's cut, they can cut at any time. This is how socialism works. The government's going to dictate how your life works. And all of a sudden socialism isn't so great anymore when they cut your, your, your benefits program. There's 40 million Americans on this Supplemental Nutritional Assistance Program. Yet when you look at the graph right around when Biden came in, it went through the roof. So you got tons of illegals on this that are, that are draw, you know, that are, that are. So which Americans are actually on there, which citizens are actually on there? And it's supposed to be a supplemental, it's not, it's not a free ride. You have a job, there's a lot of working poor people that do work, put 10, 12 hour days in hard labor type stuff, but they don't make enough to make ends meet. This is a supplemental nutrition program and it's been abused. And what we find out is who are these 40 million Americans? Well, somebody looked it up and they said that, you know, some of the women on this program, Average weight is 200 pounds. Like, what's going on? Like who, you know what, what is happening here with this? I know somebody ran some numbers and they started looking at this thing and it's just crazy. Now you had a federal judge that has ruled and said the Trump administration needs to pay these SNAP benefits out of a contingency fund. So, you know, and Trump was trying to find ways to fund this thing anyway. But this is what happens. You've got socialism fails. This is what happens. Like everything's going great and your free cheese is fantastic until, ah, government cuts it one day. And so there's your proof right there that it doesn't really work. You know, so yesterday was Halloween. So J.D. vance, you got to give this guy a lot of credit because he has the ability to laugh at himself. Now on the left of the screen there's the typical JD meme. You see this memes of him all the time. It's kind of a puffy, fat JD with these, with this weird hair. So he dressed like that. He dressed as the JD Vance meme for Halloween. Now you gotta give this. I mean, he's dressing as the meme, making fun of him like this right here. You would never see somebody on the left do this. You would never see them troll themselves, you know, with a 4.0 in damage. You just would never do that. It's like. And I. The JD meme cracks me up. Every time I see him walking, walking around or doing stuff. People have animated it. I don't know where it started, but it's got this weird hair, big puffy face. So JD Put the weird wig on and started doing it. And here he is right here. Here's. Here's him in the, in the outfit. Happy Halloween, kids.
B
And remember, say thank you.
A
There's JD because remember the one, the spinning JD advance meme. It's just too good, man. It really is too funny. J.D. he. And this is something really great. This guy gator guard put this up. He said, you know, Vice President J.D. vance just taught us an important lesson all Americans need to remember. Don't be afraid to laugh at yourself. Don't take everything so personally. Don't get so uptight. You missed out on how much fun and enjoyable life is meant to be. We can be happy, united again if we just stop easily being offended. Thank you, J.D. vance, for your wisdom and leadership to help guide America back in the right direction. You know, and I want to transition to this. Jeff, this dry. This is the funniest thing I've seen in a long time. It appears that hackers have taken over the University of Pennsylvania's computer systems. Calling a college a dog elitist institution full of WOKE retards, threatening to release evidence of his discriminatory admission practices is. So this is. This is Penn over the University of Pennsylvania. This is also where Wharton is. So you've got this right here. Dear pet, they sent this email out to everybody. Dear Penn community, the University of Pennsylvania is a dog elitist institution full of WOKE retards. We have terrible security practices and are completely unmerited meritocratic. I can't. It's a mirror talk. Whatever. We hire and admit morons because we love legacies, donors and unqualified affirmative action admits. We love breaking federal laws like ferpa. All your data will be leaked and the Supreme Court rulings like sffa. Please stop giving us money. Warm regards the university of this. That's one of the funniest things I've seen in a long time, Jeff. They sent that email to everybody. That's fantastic.
B
Awesome.
A
Yeah. So this Trump put this out about the SNAP program. He said, our government. Oh, boy, here we go. Here we go. It's gonna do this every time. I am human. Thank you very much. He said, our government lawyers did not think we have the legal authority to pay SNAP with certain monies we have available. And now there's two courts have issued conflicting opinions on what we can and cannot do. I do not want Americans to go hungry just because the radical Democrats refuse to do the right thing and reopen the government. Therefore, I've instructed our lawyers to ask the court to clarify how we can legally fund SNAP as soon as possible. It's already just delayed enough due to Democrats keeping the government closed through the monthly payment date. And if we get immediate guidance, it will unfortunately be delayed. While states get the money out. While states get the money out. If we are given the appropriate legal action by the court, it will be my honor to provide the funding just like I did with the military and law enforcement pay. The Democrats should quit this charade where they hurt people for their own political reasons and immediately reopen the government. If you use SNAP benefits, call the state Democrats, tell them to reopen the government. Now here's crying. Chuck Schumer's office number.
B
Brian. Chuck Schumer.
A
Brian. Chuck's Schumer. Man, you just gotta love that. Here is so on the issue of deportations, mass deportations, Zoran the moron, Here he is right here. And Jeff, this is what he said.
B
But if you want to pursue your.
A
Promise to create the single largest deportation force in American history or your promise.
B
To persecute and punish your political enemies, then you will have to get through.
A
Me to do that here in New York City. Why don't you get elected first son? And then the second part of that is, is please, please double down on stupid because you will get arrested in a heartbeat.
B
Trump said. There's a statement from Trump when he said that he wasn't going to let them get arrested. And Trump's like, okay, great, well, you'll be arrested then.
A
Correct.
B
For stopping it.
A
Here's Elon Musk was on a three hour was spent three hours at Joe Rogan. But this is one of the, one of the things he talked about, the real reason behind the government shutdown. Check this out of this.
D
The standoff is because if the hundreds, hundreds of billions of dollars to Create a financial incentive to like to have this giant magnet to attract illegals from every part of earth to, to these states. If that is turned off, they, the, the illegals will leave because they're no longer being paid to come to the United States and stay here.
A
Wow.
D
And then, then, then they will lose a lot of voters. The Democratic Party will lose a lot.
B
Of voters and they would have a very difficult job if this is kicked out of reintroducing it into a new bill.
A
Yes.
B
Especially once things start normalizing.
D
Yes. So like in a nutshell, the Democratic Party wants to destroy democracy by importing voters. And the, you know, the Republican Party disagrees with that.
B
And the ruse is that if you don't accept what they're doing, then you.
A
You'Re a threat to democracy.
D
Yes.
B
As they try to destroy democracy.
D
Yes.
A
By importing voters, that is people to.
B
Only vote for them and overwhelming the system.
A
Yes.
D
And by the way, it's a strategy that if allowed to work, would work and in fact has worked. California super majority Democrat.
B
Yeah.
D
And there's so much gerrymandering that, that, that occurs. It's, it's crazy.
B
That's it. He's, he's so spot on. Sh. But people have been talking about that for a while as they, as they bring in all these cur, you know, these illegals and they let them vote in a state like California. And then the systems, these illegals are here, you think they came in illegally. They're not going to go and, and do massive ballot dumps and you know, help defraud an elect an election system. Plus again, it goes back to who are they bringing it? Who are the illegals? Where do they come from? What country do they come from? What's their background? What military were they involved in globally, you know, who, who, who trained them previously? Who's training them now? They're not just here, you know, just go, getting ready to work because they care. Who was paying them? Where did the money come from that they were getting paid from? You know, what, what pool of money from NOS and taxpayer dollars did they take it from? You know, the, the liberal socialist propaganda machine which has been shutting down because they, they found them right with USAID and, and others. They found where all the money was flowing from. Not all, but, you know, much of it. And, but this is happening on a global scale. So if you look at a country like the uk why is the UK so bent on destroying their country? You know, why are they bringing all these people in? Why are they getting paid so Much. Why are the illegals in this country getting paid thousands and thousands of dollars monthly plus getting food stamp type subsidies, subsidies to, to stay afloat with. And none of them are working. You know, the, the whole corrupted nature of it. Then go to the elitist in California and, and elsewhere where they say they have to have these illegals come in because who's going to mow their lawn? Who's going to do their yard work? Who's going to take care of their home? This is how disgusting these people are. They do your own damn yard work. Go mow your own lawn. You know, how about you do your own laundry? Why do you have to bring in people and then pay them minimum wage from another country, below minimum wage? Because they're going to pay them pennies on the dollar, pay them $20 an hour, 30, 40, $50 an hour, hire somebody of, you know, that's from this country, pay more for it. If you can't pay all that money to, to mow the lawn, then do it yourself. You know, I don't. You know, these people are just so corrupted. Their, their mindset is so, just not, it's just not in congruency with, with the rest of where society has to be. But Joe, unfortunately it's kind of getting late.
A
A couple quick hits and we'll get out of here. This, this kid here says I just voted for Zoron. Zoro. Right?
B
That's so horrible.
A
So there's tons of these people. And then D.C. drano said, Go visit a Muslim country with all that makeup on. Let me know how it goes for you.
B
Exactly, exactly.
A
And then there's this person liking trans women is not gay. Liking trans women, it repeats that over. Liking trans woman is not gay. And of course Cartier family said it's gay as f. Actually you gotta like that. And then finally this is how, this is how loony the left is. And I hope they just continue doing this up to the midterms. I hope it could because it's like accelerators. It's like doubling down on stupid gets. So this guy says this is JD Vance's biggest political problem in 2028. How on earth is he going to get magna based to accept her because she's Indian. This is the dumbest thing ever. Except what? Like this. These people still are identity politics. They don't understand the difference between legal immigration and illegal immigration. They don't understand that my wife's from another country, my wife's from another race. It's like maga, you know. Oh my God. And they always call me a racist. I'm like, well, I can't be that racist. I didn't marry somebody from another race. I mean, you know, from another who came here as a legal immigrant, not an illegal immigrant. So they just can never understand the difference. The same way they can. They always call it a democracy, United States, and it's a constitutional republic. They don't. Because they want it to be a democracy. They want it to be mob rule. They want it to be, we'll punch you in the face and we get to decide that we, we the government, not we the people. And this whole thing of like, how are we going to get them to accept. What are you talking about? It's so funny. It's like. And everyone goes, I can't believe Trump and J.D. vance are married, are both married to foreigners, yet they're trying to deport the foreigners. Yeah, they came here legally. This was. There's. Listen, there's never been a question of legal immigration. I've always been for legal immigration because it makes the United States great. What doesn't make it great are people that have a philosophy and hiding behind a guise of a religion that says, if you don't believe what I believe, off with your head. First I'll tax the out of you, and then I'll cut your head off. Geez, that sounds a little barbaric. Like, that seems like it should have been less than a few centuries ago, but no, here we are. How many people, these voters that voted for them know about Takiya. They don't know what Taki is. I mean, the Muslim can lie their ass off, they can go to the LGBTQ+ things and smile and wave and dance around with them because they want to kill you and they want to gain enough control, and then they finally do kill you. So I'm sorry, that's not compatible. People are like, we should all lost real law. Well, there's. There's only one law. It's the. It's the federal law, and it's the law of the states. That's it. There is no. You know.
B
So.
A
But I will tell you what's happening. Probably in our lifetime, probably within the next five, 10 years, you will see cities completely overrun that will be practicing Sharia law. Sharia's law not. Is not compatible with western style life. It's not put a woman in a burqa, cover everything but her eyes, and beat her openly. You don't like her, punch her in the face, beat her, stone her. Oh, she was accused of sleep with somebody else. Just stone her to death. Fine. They're off a building. This is barbaric. And people supporting this stuff are out of their minds. And people like, well, it's the Islamic extremist. No, it's Islam. It's in, it's in their holy, what they call their, their book, you know, I mean, it's in the Quran. So it's like, no, it says that. Now the Muslims who are like, no, that's kind of barbaric. I don't, I, I'm a Muslim, but I'm not into. We kill people that don't. Okay, well good, because you're the first ones that are going to get knocked off. They can even go after Muslims that don't believe in jihad. If you don't believe in jihad and you're a Muslim and you're, you're, you're a, a Muslim, that doesn't cause any issues. I'm sorry, you're not a real Muslim and off with your head. So this is the first people they're coming for are the so called Muslims that don't think the way they think. So even they can say, oh, I read the Quran, but there's certain passages that are outdated or whatever. Now that's not how it works. So it's insane to me, Jeff, that here we are at this place in history and then if you want to see this one statement from Trump before we do the drawing, guys, you got to type in rigged. We only have 11. Donald Trump put this out on True Social. He said Christianity is facing an ex existential threat in Nigeria. Thousands of Christians are being killed. Islamists are responsible for this mass slaughter. I hereby making Nigeria a country a particular concern. Concern, but that's the least of it. When Christians in any such group are slaughtered with like, what's happening in Nigeria? 3100 versus 4476 worldwide. You never hear about any of this stuff. Something must be done. I'm asking Congressman Riley Moore together with Chairman Tom Cole at the House Appropriations Committee to immediate look in this matter. Report back to me. The United States cannot stand by while such atrocities are happening in Nigeria and numerous other countries. We stand ready, willing and able to save our great Christian population around the world. DONALD J. Trump President, United States of AMERICA yeah, Yeah.
B
I have to make a statement, you know, and probably better say for another show because I have to get to the gun range here shortly. But you know, I'm looking at the comments. I think people are way off, you know, just based on some of the comments that it just shows a complete lack of understanding on a global scale of what's actually happening, which is a little dis. Disheartening because I see this way too much. People want to ignore the Islamist objective. It's very clear. It's. It's being smacked in your face, right. It's being told to you. Exactly. What's that? People want to keep focusing on Zionism, don't even understand what that word means, but yet they throw it around all the time. Zionism means Jews that want to, you know, live in Israel. And, and that's it, right? That, that's Zionism. It's to have a Jewish national homeland in Israel which is historically and biblically accurate. And that's it, right?
A
That's Zionism.
B
Jews.
A
Why would Jews be against Zionism? Why would Jews be against. What's 3,000 years, Jeff? 3,000 years can date back, right? Palestine. There's no such place as Palestine. There never has been. They're talking about nomadic people that, that went on from place to place. It's. They, they, they want to tie Palestine back to different periods. It's not. Was never Palestine.
B
Yeah.
A
This is insane.
B
I'm not saying that you, you don't. I think you're just misled on, on certain things. I would love to sit down and talk to you because I think you probably do have a lot of historical knowledge and there's probably a branch where you went down and where I'll go down, but I'm always open to sitting down, talking. That's why we like having, you know, contrarian.
A
I'm on the show. We'll talk about it. Go ahead.
B
Yeah, but, but the point, the point being with all of this is that people keep saying not to look in. They talk about the Holy War, they talk about, you know, that what might have happened, you know, during the Inquisition period in the 1400s under the guise of the church. And, you know, throughout history, maybe there's been, you know, some touch point. We're talking about 2025. I'm not talking about the 1400s. I'm not talking about when people didn't have access to all the knowledge and access to, to education. We're talking about 2025, where you can disseminate and educate yourself any way you want. You can get on an airplane and travel pretty much anywhere you want in the world and go see it, you know, for yourself and go learn, you know, for yourself in that country. You know, the point is that from an Islamist perspective, 1400 years of subjugating and conquering and committing actual genocide. That's what we're talking about. But yet the world wants to only look at snippets, snippets of history. Similar to like an X post. You want 160 characters. People want to look at history in 160 character segments. And that's super disheartening because history goes back and you have to go to the beginning. Then you look at the countries that are now dominated by the Islamist takeover. Yes. Is it a minority? It's a minority. Did most of the people in the, in the Muslim world want to live and support their families? Yes. When you know, Afghanistan started shifting back because the US was trying to play nation building, which they were in a, a country which was almost impossible to nation build in. They tried to do some nation building in Afghanistan and as soon as we pull out, they go right back to where they were. It is a hundred percent self destructing, except they fight amongst themselves. But while they're fighting against themselves, they're steamrolling western civilization. Iran, perfect definition. Lebanon, Syria, those are perfect. What's happening in Africa? Northern Africa, from the Sudan down to Nigeria. The world is staying silent on this. And it's all in the name of the Islamist. Now let's say the, let's just say, you know, Islam is what, one point, whatever billion, two billion? I don't know. You know, we'd have to look up to get the exact number. It's over a billion. Take 10 of them. That's a hundred million people in the world that are fighting to Destroy Western civilization. 100 million. That's one third of the United States population. But it's greater than 10. Let's say it's 20. Let's say it's 30% of the population. Then the rest of the sheeple go along with it because they're being controlled. And that's exactly what happened in Iran. You have a minority that took over the majority. Iranian. Persian people are amazing. Right? But then you see what they, what they did and how they subjugated their own people and how, and you see them fighting back again. But now what's happening over in Northern Africa is so disgusting and yet the world is silent. The UN is, the UN is, is a ridiculous organization to begin with. But what we see, and then you know what happens? We see all of this stuff that's really happening in the world and everyone says Zionism. I'm, I just, I just don't get it. It's the craziest thing. Are there leftist, socialist, Jews? Yes. Are there leftist socialist Christians? Yes. Christians outnumber Jews, you know, probably 100 to 1. 100 to 1. So do I go around and I. Am I going to point it all of Christianity and say, look at what the Christians are doing with socialism and communism?
A
Oh, Jews are too easy. Jeff, why would you attack the Christians when the Jews are just way too easy? They've been, you know, and this is the thing. You got 3,000 years of recorded history. And if you look at, if you look at. I always. I thought it'd be great that I always told Jeff, I want to do a man on the street where I go to New York City and I start asking people, hey, was Christ, was Christ a Jew or a Christian? And I'm telling you, we'll probably hear most people say he was a Christian. You know, the whole idea is that Christ was a Jew. This is the whole thing. It's. It travels back 2,000 plus years, 3,000 years. You can track back, you know, what the Christians call the Old Testament, what the Jews call the Torah. It's documented. There's no documented history of all this stuff. That's new. And nobody ever wants to go look at it. Nobody. Nobody wants to track it. Osmond says all religions can be toxic depending on who reads the Holy Books. In 2025, you only take a religious book, follow it for every detail. It's the dumbest thing ever. This is a real easy phrase to say. But here's the difference. When you look at religion, what I consider to be a religion, a religion usually most of the time comes from love and comes from peace, and it comes from wanting to get along. There's no religions except for one that says kill people who don't believe like you. Who, who says treat women like their possessions, like they're an animal? I mean, dogs get treated better than the women do in. In, you know, if you want to follow Islam to a T. Okay. Beaten up. If you look at all some of all the great countries that, going back to the 60s and how they used to dress, there's a great video. I don't have it handy, but great video. It says they used to dress like this. Boom. Now they're in Burkers. They used to dress like this. They've been conquered, okay? And so this is the kind of. And, you know, you have to seriously look into Pakistanis that are 75 inbred. That's a problem. Low IQs easily manage, you know, and. And so somebody comes along, you know, 700 and starts preaching this thing of and you know, and it's prophesized in the Bible. There's some specific passages that talk about this fake, you know, because the Muhammad supposedly went into a cave and an angel appeared to him. It's all prophesied in, in the, in the Bible, it talks about that watch out for false angels preaching something of another, which looks like another religion. So there's no, there's no missing pieces here. This has all been around. So the white people, like, they just love the world Zionist over there. Zionist. Well, why in the hell wouldn't the rightful owners, the Jews, have a right to Israel, their homeland? And they think it's like a new world. Oh, because in 1947, Jewish became a state. And, and because of this, because they want to tie it back to something. You're talking about history here. You're talking about recorded history. So, oh, this person's a Zionist, of course. Why not? Because why wouldn't they have an ancestral home? You know, and if you look at the Christians, the Christians tie all the back to the same homeland, right? You look at Revelation, for example, that talks, I'm not going to get a real. But if you look at Revelation, Revelation is very specific. It talks about the nation of Israel. A lot of that stuff's present. A lot of stuff happens, has happened, but a lot of it's future tense. There's no future tense of Israel without an Israel, right? So, and if you look at, you look back at Christ, you look back at the miracles, you look back to see a Galilee, you look back to the homeland, you look back, he spoke Aramaic. You look back to his tribe and his people. It all happened in Israel. Most of it happened, well, in that whole region. But Israel used to was a lot bigger than it is today. But that area, it's all documented, it's all proof. So it's not only, it's not just unless. So you're calling because someone called me a Christian Zionist. They go, you're a Christian Zionist. I'm like, what the hell is that? I was like, well, you're a Christian that believes Jews have what, because Christ was a Jew. I mean, what do you, what is wrong with you people? So anyway, that kind of took a little turn. Jeff. I don't, we weren't expecting it to. I want to when we got bonus rants today, but it drives me nuts. I, I, People are constantly hitting me up on, on X all the time challenging me, and I'm like, so I told Jeff, I got to put that in my bio. I'm a Christian Scientist. Anyway. Yeah. Extra people. I mean, if you want to come on the show and why don't you come on here? We'll have a civil debate about it. And I love the fact that you're always civil about it, and you, you know, and I like the fact you guys have counter opinions. Someone said earlier, chip, you're wrong. Great. I'm not gonna be right about everything. I'm gonna have my sort of ways of thinking about stuff. You're gonna have your ways, but again, this is what makes the world better, is if we can have these debates and if we can talk about them. It's our show, so we just give you our opinions, which happens to be lockstep. 90 of the time. 99. Jeff and I have to find things to disagree about. We have to make up things we disagree about because it turns out that we're on the same page, you know, 99.9 of the time. But let's do the drawing, Jeff. Let's get this thing going. Let's get on to our rest of our weekend here. I'm gonna go ahead and put this up, guys. We have 11 entries that typed rigged. Go ahead and play the video, Jeff. And I'm gonna. And type in rigged.
B
All right. Play this video. I gotta run my rides here for the gun range. Let's do it late, then.
A
We're not going to give it away, because I'm not doing it.
B
Oh, you don't want to do it?
A
Just do the drawing now, then don't play the video. No, because it's too much. It's too much of a hassle, man. Let's do this.
B
Someone can pick it right.
A
We got 11 in there. I'm hitting draw. Boom. Let's go. Osman, you are still here.
B
I believe Osman is here, and he said rigged.
A
Here you are. Boom, you're here. There you go.
B
We're giving away badass Yeti445.
A
And here's what we have. This is newly instituted because of what happened last time. We have a timer. So when that. When that expires, that means you expire. If we don't see a wallet or. I'm here, we. You are expired. And we. We. We basically roll again. So it's an official way of doing it. You have one minute to respond, and Osmond has already done it. The other thing we have to do, Jeff has noticed, is that screenshots were sent to me because. From last time from Eyes Wine. Because he gets. I think when you type in here, sometimes it gets filtered out because you could see his comments were in there the whole time.
B
So I go into YouTube so I can see everyone's.
A
So the YouTube as well, because sometimes. But Osman already put his wallet up there, so we're good.
B
Yep. And his. And his Twitter.
A
Excellent. Very good, man. Proud of you. So have a great weekend. XRP Plumbing. Think about coming on the show for. If you want to do some debate, we'll just have you on for a segment. You come in 20 minutes, we'll pop you on and we'll have a. We'll have a segment and I'll moderate and you and Jeff can. Can debate.
B
That's it. Done. We have sent it.
A
That's it, guys. Well, thank you very much. Ran long as usual. Jeff's got to go to the gun range. I got some. I gotta run to a couple places myself. That's all we have, guys. We'll look forward to seeing you back on Wednesday. Jeff and I both have commitments tomorrow and. Yeah, so we're not gonna be able to do the show, but we will be back on Wednesday. Jeff will be back Wednesday. I'm actually going to be in New York City, so I will be at an XRP meetup on Wednesday night. So I won't be. Maybe if I'm there, maybe I can join remotely. I might be able to join remotely because the extra. There's an extra p. I'll meet up type of thing going on and I'll be back for next Saturday. So I'll see you guys all next Saturday. That's all we have for you guys. We'll see you on the next one. Chip and Jeff.
B
Oh, oh.
A
Are you down with otc? Please, like, subscribe and click the bell.
B
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Date: November 1, 2025
Hosts: Chip (A) & Jeff (B)
Main Theme:
This episode dives into Evernorth's groundbreaking move to direct $1 billion into XRP, disrupting institutional and retail dynamics in the digital asset space. The hosts discuss what this means for XRP, Ripple, crypto ETFs, digital asset treasuries, institutional adoption, and broader socio-political topics influencing crypto markets.
“This move could rewrite how institutions actually play in crypto.” — Chip [00:07]
“We’re going to really start seeing… some big moves. This is big. This is huge. I think this is the beginning of the big movement up.” — Jeff [07:10]
“We at Arrington Capital have high conviction in Evernorth's ability to drive meaningful impact and add shareholder value… XRP has maintained a prominence in an ecosystem that continues to expand through bold product innovations, a relentless community and a string of notable new contributors.” — Michael Arrington [15:41]
“You’re not just going to all of a sudden be moving over into a full-on crypto [system]. We’re seeing the battle play out in front of us. The biggest battle was the SEC vs. Ripple.” — Jeff [52:27]
On Evernorth and XRP Exposure:
“It’s just cool to see that stock ticker on NASDAQ — XRPN.” — Chip [04:02]
On Institutional Impact:
“When you have at least eight… maybe nine companies purchasing XRP for their treasuries… that’s another big thing too — it talks about confidence in the market.” — Chip [25:06]
On the importance of ETFs in retirement investing:
“You can buy these ETFs within your retirement accounts… benefit from the gains of the market in a 401k, which is, to me, that's exciting.” — Jeff [18:49]
On Traditional Finance & Tech Progress:
"The technology is there, it's proven in crypto… Are they going to allow that with tokenized securities? Good question." — Jeff [31:35]
On the Ripple Community and Market Dynamics:
“Everything that they do has something to do with XRP... This came out of left field.” — Chip [06:09] “There's a lot more recognition of XRP in traditional finance at this point. There’s more building, more media focus.” — Jeff [11:42]
The episode offered in-depth, unscripted commentary. The tone was candid, energetic, and at times irreverent, aimed at crypto-savvy investors but accessible for newcomers. The hosts balanced hard news (Evernorth’s launch, ETF rollouts, market mechanics) with lively debate and sociopolitical discussion, never shying from opinionated takes.
Throughout, Chip and Jeff reinforced XRPN’s launch as a watershed moment for institutional XRP, marking the maturation of crypto integration with legacy finance. They encouraged viewers to engage, debate, and challenge perspectives — living up to their community-driven approach.
For new listeners, this summary captures the episode’s big ideas, key learnings, and some of the best lines, while mapping out when and where the most important discussions happen.