← On The Chain - Blockchain and Cryptocurrency News + Opinion
On The Chain - Blockchain and Cryptocurrency News + Opinion
Crypto Death Spiral? $188B Erased! Trump Shakes Up Global Politics
01:26:47
Loading summary
Transcript282 lines
- [00:01]
A
Ready for the show.
- [00:02]
B
Oh, what is going on, everybody? Welcome to on the Chain. This is Jeff here with co host Chip. What is up, man? What a day, what a weekend, what a week. What the past two weeks, just non stop winning, stacking one up after the other. What isn't winning, unfortunately today is this big red, big fat red arrow with crypto going into a complete death spiral. 188 billion wiped out in one day or two days, three days. Trump shaking up global politics. Let's talk about that. Let's talk about all the winning and let's talk about why crypto is going through a little bit of a sell off right now. Why are so many people taking profits? Is it coming back? Are we going to see it ever again? Is crypto really the thing? All those questions, everybody's wanted to know for the past like 20 years. Too afraid to ask.
- [01:01]
A
They've been afraid to ask. 20 years. Crypto has been around 20 years, Jeff.
- [01:06]
B
That's true.
- [01:07]
A
A little exaggeration there.
- [01:08]
B
A little exaggeration for the past 13 years. Ever since bitcoin made its debut. Actually it was. What was that, like 2010? 2012. Written 1112. And that's.
- [01:26]
A
That's what it is.
- [01:27]
B
We got. Thank you.
- [01:32]
A
Guys. Ready to go. Let's go. Welcome to on the Chain. Welcome to on the Chain. Everybody drop your. Coming in from Adrian s ship. Jeff London in the MF building, baby. We got crypto. Well, holding us holding down the fort. Holding down things in Belgium. Gotta love that. That is fantastic. What else we have here? Who else is jumping in here? All kinds of people snatched a little on the dip. The 221 side. Beautiful.
- [02:04]
B
Nice.
- [02:05]
A
Kind of like that. Look at that. Rod Hills in here from Skippoose, Oregon. And we're going to say that wrong every time, of course. No, other than OG Phoenix.
- [02:15]
B
Starboard Phoenix. No, we haven't seen him forever.
- [02:19]
A
Yeah, last week I think he showed up too. Great. Steve Willets from down under. How about a poll and G'day, fellas. Good day for sure. Hello from South Carolina. Beautiful. Daytona. Danville. Sorry. Danville, Indiana. Aussie, Aussie, Aussie. There we go. Beautiful.
- [02:38]
B
Dude, I'm gonna be in Daytona in a couple weeks. Got the Daytona 500 running.
- [02:43]
A
Yeah, well, it was Danville, so I got a little bit of it off.
- [02:45]
B
Gonna be a lot of fun. Tony's over in Daytona. Tony, you going to the 500?
- [02:50]
A
Lots of amateur retailers getting annihilated on margin calls. The pros are blowing up retailers to swipe crypto at a bargain. Damn Right. Well said, Jim.
- [02:59]
B
What happened?
- [02:59]
A
That's what happens, man.
- [03:01]
B
They're playing around with the margins and the whatever.
- [03:03]
A
AFO f around, find out. Unfortunately, Fort says the hard way, you know, it's the way it is. Of course, you see my face turning red because that's the crypto market, but there it is. You see, the red just showed up in my face. There it is.
- [03:17]
B
Gonna be in the Rolex club. Nice. Nice.
- [03:20]
A
Oh, that's sweet. We got over 188 billion. This is just in the 24 hours, dude. Look at you. See, XRP is down 12.
- [03:30]
B
It was insane. It's just. It's insane when I'm, you know, all day long, I'm getting pinged. You're. You're the. Whatever, crypto, you know, big moves. I'm like, what are the big moves? Down by 15, down by 10, down by 5%, down by 8%. I'm like, is there any gonna. Is there any good news today? Gonna see anything going up. Big moves, lots of red.
- [03:56]
A
And I had my. Two of my buddies. Colleagues that I used to work with were blowing up my phone today, saying, hey, what's. Well, first one was, what's going on with crypto? The second one, guy comes in and says, I'm putting 10 grand on the dip. My man, all right, he's like, I just bought water. He goes, I hope it goes down a little more. I'll buy even more. And that's how you play it.
- [04:14]
B
That's how things on the wall. You buy.
- [04:17]
A
You buy the dip, Right? Others don't care.
- [04:20]
B
Right?
- [04:20]
A
Others don't care. You're right. Others don't care. I want to make it to the end. Pretty tired because of COVID Oh, man. Sorry to hear that. Sorry to hear that, man. Get yourself some ivermectin. Wipes that out like nobody's business. And some rather blue chip chip. Not a red chip chip here. A chip every cheer chip everywhere. A chip chip. Kind of like that. You know, we covered this, Jeff, but I thought this is pretty good, you know, Crippen writer, who's one of my favorite other faves, who puts out really good, outstanding information. Anything about XRP ecosystem, ripple, whatever. We covered this a little bit last night, but he said there are people out there who still believe there are ways to claw back XRP and the xrpl While it's not possible and written all over the official documentation, of course, nobody reads it. There's one more argument that should hit the nail on the coffin. The ultimate reason why. So there it is right there. He says tokens. So whenever you hear clawback you should automatically think of issued assets. They are fungible and they come in many forms and structures, structures. You have IOUs, you got stable coins, you got multipurpose which are coming later this year. Anyone can issue these kind of tokens on the XRP ledger, right? We can issue a badass YETI token if we want. We can issue a badass chimps token. We can issue a badass token, right? Anybody can issue a token on the XRPL comes down to structure on the xrpl. All currently issued token holdings exist via a so called trust line. For example, an accounting relationship between a person holding a token and the actual issuer. In other words, something to prevent you from holding a token that you don't want. And of course he gets into xrp. XRP is different from what we just learned because owning XRP does not require a trust line. The reason for this is that XRP is not a token but a coin. The only cryptocurrency native to the XRP ledger XRP is simply something special. Talk about the clawback. So that we've just learned the difference between a trust line base tokens and XRP the coin. But hitting the nail on the coffin argument is still missing. But don't worry, we'll get there. Let's first try to understand clawback a little better. Clawback this is which is bound to issued assets only allows an issuer to ex appropriate the issue tokens from holders to meet regulatory requirements. It's a well known and common compliance feature that's not only. That's not only unique to the XRPL and the clawback. So some relevant properties for issuing accounts. First allow trust line clawback setting must be set first and this is really the key here Jeff. This is what people really need to realize. You have to enable the trust line clawback prior to issue. Okay, Clawback it's disabled by the defaults. You have to and do this and then you can no longer be enabled once the tokens have been issued. So it's a conscious choice that if you're going to issue a token that you have to initiate this law of trust line clawback then you issue the tokens. If you issue the tokens you can never go backwards. So activation the setting cannot be reversed. Fall back. Based on the code snippet shown in the screenshot we can see that certain conditions are checked before anything else is done at all. One of those checks throws the error techno line which is triggered There it is right there. Claw back online currency. Techno line variant I already hear you say. But Krypton bro, listen. What if XRP accidentally becomes a trust line based token? Well, to that I finally want to introduce you to the hit the nail on the coffin argument, which is about invariance. Say what? Invariant. Those special checks that automatically in real time after each transaction and before the results are committed to the xrpl. In the unlikely case that something goes horribly wrong, these checks are there to protect XRPL from itself. You know the famous meme the guy's riding along the bike, there go. There goes the stick and the spokes and there you go. So why is this important, you may ask? We already learned that the only way to clawback something is through trust lines. XRPL will not allow trust lines to use xrp. There you go. That's it. And of course if anyone did a little bit of research, they'd know that. I see this all over. I even saw the Wolf of Wall street play talking about the XRPS now because of the claw bat is not decentralized. I mean and he's pretty good. Scott's a pretty smart guy. I mean he really is. But he wasn't really saying himself. He was just posting from some one of these goofy articles you see all around there. So the summary issue tokens exist on the XRPL for example IOUs fungible issue tokens. Holdings exist via trust lines. Clawback is bound to trust lines only trust. The clawback fails if there is no trust line set and an XRPL or XRP trust line doesn't exist. Invariant checks checking is a safety feature of the XRP ledger XLP ledger. And no XRP trust lines. And varia prohibits the creation of XRP trust lines. XRP cannot be clawed back. So it was nice to take. There we go.
- [09:30]
B
There you go. Everyone's happy.
- [09:32]
A
I thought that was very well done and kind of really simple like made it simple and clear and kind of like run through it. But this is a very good way to. And again if you guys sign up, you guys go to on the chain IO scroll to the bottom. There's a place to put your name and your email address. I recommend you do it right now Jeff. Throw the. Throw the URL in there. But you do that we every after every show concludes all of these links. You guys see us talk about all the videos. Maybe you want to share it to somebody. Maybe you want to show it to somebody who missed show or a friend. That's where you can get them all. So it goes into your inbox. You don't have to read it, but you also can see the. The podcast itself. If you go to one of those. Yeah, Jeff, show what the. What the email generally looks like.
- [10:17]
B
You can do this free or you can support us too. You can do whatever you want either way. But then what's very cool, you click on podcast like, wow, I missed the show yesterday. Saturday, want to look at XRP's historic U4. Even though today we're talking about XRP's historic loss for 2025. Yeah. So we're talking about its historic boom. But you click on that, you can listen to the show. You can go back and watch the show. You can see who the show winner was. Yesterday was Matt LaRoche winning a badass yeti from the White Tribe, one of the Ash Yetis clan guys. So you can go check that out. And then all the different articles that we covered throughout. So you can go check them out, you can go read them. You go enjoy. Experience every video in real time or in your own time, I should say. It'd be your. Your time when your own real time. But then you go back. So make sure you guys do that. Go to on the chain IO, check that out and let's get going with that. How it goes.
- [11:28]
A
That's how you do it. I'm gonna go there and put the actual sign up there. Just put your. Throw your email in there. Just right there, you know, that's all you have to do is click on that link, you throw your email address in there, you click sign up, you're done. We don't sell your data. We don't do anything easy squeezy. We. We don't like spam either. So we just send you this stuff so you can see it, which is fantastic, right, Jeff? I mean, it's really fantastic. It's really fantastic. Super cool. David Schwartz kind of chimed in on the. The whole dip thing.
- [12:01]
B
Uncle Buster.
- [12:03]
A
Uncle Buster's in the house. Uncle Buster puts on my amazing show, by the way, guys, and brings in a lot of great authority people chiming in. We've been lucky enough to be on Uncle Buster show. He's brought us in a couple times. We've had some amazing chats. Patriots over there. And also, you know, you get. You get some different opinion as well. But yeah, Uncle Buster is the dude. Trudeau's fiddles, Castro's son. He's definitely tore Canada. Right on. We got some. We're going to talk about that a little bit Tonight, too.
- [12:30]
B
Look at that.
- [12:30]
A
I didn't.
- [12:31]
B
Look at this. Crypto whelp is saying, by the way, me and flatliner are the same person. Just phone and PC have different accounts. I didn't know.
- [12:41]
A
I did not know that. Thanks for letting us know. So you then you have covet then, right? Is that what you're saying? Is that what you're telling us? Crypto world doesn't have Covid, but. Oh, flatliner does.
- [12:50]
B
Flatliner has Covid. Flatliner, streams. I didn't know that crypto whelp and flatliner were the same.
- [12:56]
A
That's not. So you're in both places, so maybe you're typing with one. David. Joel Cat Schwartz said the usual explanation for weekend dips is that buyers can't get fiat into the exchanges on the weekend while sellers can get crypto in. Interesting take.
- [13:14]
B
Yeah, that's interesting, right?
- [13:16]
A
Think about that. Well, it all depends, right? I mean, it all depends what you're using, but. Here you go. Heidi's Jazz Club, right now.
- [13:24]
B
It's interesting. Jim D. Is always at a jazz club or in some sort of a bar.
- [13:30]
A
He's listening to jazz.
- [13:33]
B
Got his drink going.
- [13:34]
A
It's his favorite. Really. He must be. It must. Do you bring headphones, Jim D. I'm guessing you have, like, you know, earbuds in your ears while you're like one or in one ear and then the other area. Listen to some jazz music. I don't know. It sounds like a great, great thing. Oh, cops streaming again. That's a bad thing.
- [13:49]
B
That's why the whole market tanking. That's. That's all. Yeah.
- [13:54]
A
Now we know. Now we know exactly why it dipped. Yeah. Type in, guys, if you want to win a badass yeti, nft the chance to win one, you go ahead and type yeti. At the end of the show, we will be giving away a badass yeti.
- [14:05]
B
I picked one out as soon Jeff.
- [14:08]
A
Will tee one up for us, and.
- [14:09]
B
Then we'll be picked out a Guardian. This is a real special night. So the Guardian. These are my.
- [14:17]
A
That's not. That's not. That's not. The Guardian. We can't give away, is it, Jeff?
- [14:21]
B
Not the Guardian. We can't give.
- [14:23]
A
Okay. Because we don't want to make that mistake again.
- [14:27]
B
We'll make that mistake twice.
- [14:29]
A
Cover shot. We cannot give away the COVID shot. You're absolutely 100 positive? It looks a little. Very similar.
- [14:34]
B
100. Yes.
- [14:35]
A
Smiles a little bit different. You got a one there. Do not.
- [14:37]
B
This guy's a little bit different, but this guy's very cool. He's got some nice features. The Guardians become elders. The Guardians are kick ass. We only have a couple guardians left to give away. So I would definitely start typing in yeti, see if you guys can win this guy. The Guardians are actually one of my favorite, you know, within the the white tribe. I love how these guys came out. They're nice and cuddly and then vicious and vicious.
- [15:12]
A
They'll rip you off. Yeah guys, so go ahead and type yeti right there. I'll tell you how many we have in here. And so far. So you have a one in seven chance right now. So there's only seven people that typed in yeti so you have a pretty good shot at winning one. Unless other more people now it's one and eight, but it's, it's growing over time. So there you go. So Proppy, this is a historic right here. So proppy's making history because they successfully sold Hawaii's first ever on chain real estate asset. And they also had multiple on chain offers. The winning one was secured through the first ever bitcoin backed loan. In the same week we closed the groundbreaking deal launched the product set to transform both crypto and real estate industries. And our mission is to innovate and disrupt property will keep empowering you to own your tomorrow. This is just the beginning. So that's pretty cool. Like right there. So that sold I think pretty fast. I think it was announced like maybe two days ago. It sold pretty fast. And there you have it. So the very first ever small though. It's a studio apartment. 345. That's what it looks like. It looks like you're in a hotel.
- [16:18]
B
Someone just sold. Somebody just sold their hotel room.
- [16:21]
A
Somebody sold a hotel room on chain. I love it. It's like 345 square feet. It does look a lot like a.
- [16:29]
B
Maybe it's, you know, it's smart though. Imagine if you could rent that hotel room for like 300 a night. You're like yeah, I'm gonna sell it.
- [16:36]
A
But if you look here, if you can see that they're looking over, looking at the pool right there. It's a pretty nice little.
- [16:41]
B
That's a hotel room.
- [16:42]
A
You walk right on, you're right into the pool. It's a hotel. It's just a hotel room. And then Free American spirit said was it a fire sale? Hahaha. Wait, too early. That's horrible. Gosh, I can't believe. Let's do this one next. Right here. There's one.
- [16:56]
B
Oh There we go.
- [16:57]
A
That looks nice. Look at that. Maybe. Yeah, that's just from proppy too. That's nice. Let's see what this one's all about. Check it. Check it. Check it. There you go. Look at that.
- [17:10]
B
Good. Phoenix? The same. That's why you said he almost died in a car crash last year. Airlifted to the hospital.
- [17:16]
A
I remember that. Yeah. I was very worried about that. I remember you did. Communicated you. That's insane. Man. I'm glad to hear you're okay. It's a nice looking property right here in Fort Myers. Very nice.
- [17:30]
B
It's a nice one.
- [17:31]
A
It's a good looking property right there. I wonder what It's. What's the price? 534, 000. Not so bad square footage. Yeah. There you go. Published in December. There you go. Very nice. Nice. Very nice. I like that quite a bit. Jeff.
- [17:49]
B
There's a lot of yetis. A lot of yeti. That's what I see. Tons and tons of yeti. You know why people are typing yeti? Because we're giving away this badass guardian right here. Guardian is kick ass.
- [18:03]
A
This flooring guy says, what's up? Everybody still alive, mentally stable? We're all going to be fine. All right. Mark Smithson's. I stayed at the hotel, called the front desk, told him I got a leak in my sink. And they said, go right ahead, man. Bringing the humor. Bringing the humor. Man. Look at this. So I was so Kanye West. Like this is weird.
- [18:24]
B
Like the collarbone thing.
- [18:27]
A
Oh my gosh. God. Glad you had somebody looking over you, man.
- [18:33]
B
Man. I was in a. When I was 6, I was in that kind of a car accident. And my mother went out the front windshield. Holy crying out. She flew out the front windshield. Ended up going like 20 or 30ft out of the car into a brick wall. Like your head. She was lucky to live through it. It was on but fracture the collarbone and femur and all sorts of other damage. I stayed in the car as it flipped. Flipped over a few times.
- [19:00]
A
What happened? What caused the accident?
- [19:03]
B
All right. No, no. She. Her. One of her tires blew out and then all four tires blew out. Wherever we were. We were driving through Arizona on our way to California and it was too hot. Whatever Back in those days. And the wheels blew out. Lost control of the car and it just started rolling.
- [19:23]
A
Oh my gosh.
- [19:24]
B
And she got thrown out the windshield? Yeah.
- [19:29]
A
Holy crap. That's horrible. So did you. Did she have her seatbelt on or.
- [19:34]
B
No. Back in those days.
- [19:37]
A
Did she put her arm off to stop You, Jeff. She put her arm on, right?
- [19:41]
B
Yeah.
- [19:42]
A
Whoa.
- [19:42]
B
I was in the back seat. So back. It was crazy. She had a Volkswagen Bug. She had a. A light blue Volkswagen Beetle. And I was in. So in the back of the Beetle, they had the back seat. Behind the back seat was an open area. So I used to hang out in that open area and play. And that's where I was. So I was in the back behind the seat. And the engine was in the back also. Yeah, yeah. So I was kind of in that back area. So I think that's probably what would help me in that space.
- [20:15]
A
It is not the car show. It turns into anything you want, Jeff. So I'm looking at. So the Grammys. I can't show it on the ground. You know, Kanye brought his wife and she had this big fur on. And then she takes the fur on and she's got a basically see through dress. I'm like, why. Why are we doing this? Like, why is that blowing up on my time? My Oliver X. And then that. That Jaden Smith, who's Will Smith's kid, he wore this. I don't know what he. I don't know what's going on here, but he wore this. I mean, people are just trying to.
- [20:43]
B
Like, is that real?
- [20:45]
A
It's real. It is real. Yeah.
- [20:48]
B
What, though?
- [20:49]
A
It's absolutely real, Jeff. I kid you not. Yeah. So he wore this to the thing and then. But Jody's fixed it. Look at. See? But the. He fixed. He went and fixed it. But this is from tonight, I kid you not. So he fixed it.
- [21:05]
B
What is that?
- [21:07]
A
That's so that he wouldn't get slapped on the head, like in case somebody wanted to slap him in the face. It's like protection. I don't know what it is. Is it like a movie he's doing or something? I don't know, but it's getting so weird. Like. Like I'm like, all you have to do is type Grammy and you'll see Kanye's wife basically naked at the Grammys. I'm like, I don't understand what. Like, why? And it was just. It's just a little too much, Jeff. It's a little too much. But it's a good thing we got it fixed up there. There you go, right there. You see? Got BG123, got the knight, got the king on there. It's beautiful.
- [21:41]
B
227. You know, it's funny, Chip. People are like, my guy. Can you imagine back in November, if you said in a couple months, we're gonna say 227 is low.
- [21:53]
A
Yeah, well, it was in November.
- [21:56]
B
No, it's 50 cents. I'm talking about before the election.
- [21:59]
A
Oh, yeah.
- [22:01]
B
And in a couple months, we'd be like, oh, my God, it's only $2. It's only 2.30 right now.
- [22:07]
A
PG123. Listen, guys, we got what you have a 1 in 17 chance to win a badass yeti nft today. That one right under the Guardian. Coveted. That one right there is coveted. Right there. That's one of the top ones right there. It's gonna be beautiful.
- [22:19]
B
We only have a limited number left. That's the whole thing, you know, in terms of the fake Indian is go and try to mint some of these badass yetis.
- [22:28]
A
Do you know who the fake Indian is?
- [22:30]
B
Show you guys where to do that. I have no idea who the fake Pocahontas is.
- [22:34]
A
Okay, you do know. I definitely know. You know. Well, Pocahontas type. She said, no. No one. I can't even. Can you imagine if you could do her horrible voice? No one. Elected El as Donald Trump allowed must access people personal information and shut down government funding. Republicans in Washington will also know the consequences. We must do everything in our power to push back and protect people from harm. You're irrelevant. Nobody cares. You're just an old lady screaming at the sky. And I wrote, hey, no one. You know what else? Nobody voted for the Deep State. The American people chose to cut government waste and drain the swamp. Now both are happening full throttle. So go ahead and enjoy the show there, Pocahontas. Enjoy it with all your. And Jeff, do you remember that video we played? This is one of the greatest videos of all. I don't know who. I don't know who does this stuff, but, man, this is one of the one yesterday. Yeah, I'm gonna. I gotta see if I can. Where is that one? Let's see if I can find it again. My gosh, it was fantastic. Maybe it was the other day. Was it the other day? I don't know. When we put that on there. Gosh, I don't even know. For some reason, I can't seem to find it now. Man, it's got to be here somewhere. Looking through my long list of videos. Well, there was this one. Remember this one? That was weird when she did that in the hearing. Like, nobody expected.
- [24:02]
B
No one expected her, dude, you know.
- [24:04]
A
That was so weird. Everyone's like, what?
- [24:07]
B
Very odd.
- [24:08]
A
Like, what are you. What are you thinking? I mean, like, nobody knew what was going on there. It's very. Was quite the oddity, man. I cannot. Didn't we just have.
- [24:20]
B
The navigator said, as long as Blockchain backer says we're not going into a bear market, we're all good. It is good. Yeah.
- [24:31]
A
And he seems to know that we're not going into a bear market. So nobody's worried. It's just going to be temporary. We'll get some legislation pretty soon, too. So I'm not really 100 worried. But this right here, look at this. Look at this is the video.
- [24:43]
C
Before the settlers arrived, one woman was.
- [24:47]
A
Chosen to lead her people.
- [24:51]
C
She fought for their survival.
- [24:54]
A
Pay attention to the A legacy written in history. She's one 1024th Native American after the DNA test. So this is important to point right here.
- [25:08]
C
They called her Pocahontas.
- [25:15]
A
My God.
- [25:17]
C
But was she truly one of them? Pocahontas the Warren Story, coming soon in theaters.
- [25:27]
B
That's too funny.
- [25:29]
A
It really is good. I really, I mean, you gotta love AI for what it can do. You know, the topic of tariffs has been everywhere, right? And I think a lot of. How is Wall street going to react tomorrow? Because it goes in place officially, I think, on Tuesday. Right.
- [25:44]
B
It, you know, it's exciting to see, you know, that we're finally upping the ante. We're holding countries accountable. Not only holding people accountable, people are posting videos around the country showing New York City empty. They're like this. For the past couple years, the streets have been packed with illegals, you know, on the streets, selling wares, doing whatever. Empty. Everything's empty. Now there's talk from Trump, you know, going after bricks, which is amazing, right? The bricks nations, and then also going after Mexico and Canada. And these are. Are punitive tariffs based on things that they're doing or not doing to protect our border. And it's amazing to see that Trudeau thinks he can up the ante. Now. Consider that. What did they say, 70%? It's like, it's a, it's a crazy. Maybe 74% of all the exports out of Canada come to the U.S. and, and, you know, we have like 14 of our imports come from Canada. Now. There's some good produce out of Canada, but I'll tell you what, if the tariffs go up, if we had a complete, you know, trade embargo, let's say, on Canada, we probably wouldn't lose that much, you know, but however, Canada, on the other hand, is going to lose a lot. Now, Canada is like an extension of the United States. Mexico is also Going to feel some pain. All they have to do is get in line. Now, the other part of it is the 25 tariff. Whether it's on Canada or Mexico, it all helps the, you know, the people in the United States, you know, we, we have to stop being taken advantage of on both fronts. It's bad enough we're on a global scale, let alone on our borders. Right. There used to be nafta and we had all sorts of trade incentives for both Canada and Mexico. We extended fair, you know, what was it called, Most favored nation status to countries around the world. From a trade perspective, they gave them free trade into the US While we would pay tariffs and, you know, and high cost to trade back into those countries. So, Chip, this is, we're moving in a, in a really interesting direction and we're going to be the benefactors.
- [28:11]
A
I think so too. But, you know, this is a good one. Thank you, Sooner Miles. Appreciate that. So is this the black swan event? We don't know. I mean, we'll have to, have to wait and see. But I do think that, you know, look, it ebbs and flows. People are like, well, before the election, the inauguration, it was like going crazy. And now after, look, everything's temporary. 2025 is going to be a bull run. We haven't really seen an altcoin, you know, run yet. It really hasn't gotten there. I mean, bitcoin's still hanging there, doing its thing, hovering around 100,000 below above. But, you know, we're not, we're not losing sight. But thank you for the support on that. I don't necessarily a black swan, but I do think that 2025 year is going to be a year, especially on the crypto front with legislation in the US Is going to change pretty much everything, you know, for, for a lot of different reasons.
- [28:58]
B
We can weaponize our dollar. I don't know if Cash Velocity is in the US or if he's in Canada. Which dollar are we talking about? We're talking about the US Dollar or the Canadian dollar or the Australian dollar.
- [29:12]
A
Well, the other thing too is like one of the things that was kind of amazing to me is like, I do have something. Mark Victor Hansen, who I happen to be a big fan of most of the time, I agree with a lot of the stuff he puts out, but we're going to see a video in a little bit. He gives his take on what Trump's doing. And Jeff, it's nothing different than what we said here. If Trump comes out and says like, you know, I think there's a, I think we really need to work together to protect the border. You know what happens? Nothing. So if you give a heads up and say, listen, I need your cooperation on the border, we got to stop the fentanyl coming in. We have to, you know, it, it's, it's good for both, all, you know, both our neighbors, you know, come. I'm not particularly happy with this. You know, I mean, I have a lot of Canadian friends. I, you know, my, a lot of my family still lives in Canada. Because the tariffs hurt the Canadians and the Mexican people, right, the hard working people. This is who it really hurts. But it's because both governments. Now, it's funny because Charlie Gasparino put up a really good post and he's like, can somebody explain to the Mexican president what is necessary to get rid of the tariffs? So both governments. I watched Pierre Trudeau put out a press conference. Not one time during the 15 minute press conference did he ever mention that. We're, listen, we're putting a plan together right now. We're going to work with and cooperate and collaborate with the United States. Putting a plan together to secure the border. Make sure the fentanyl is not coming over. Make sure illegal immigrants are coming over. No, he went the other direction. We're gonna, we're gonna fight you. We're gonna come back one to one. We're gonna get at you. It's like Mexico did the same thing. This is a simple thing. The tariffs are leverage. If you look at the art of the deal, one of the things Trump talks a lot about is leverage. Never go into any deal without leverage. This is leverage, this is economic leverage to say, hey, all you have to do is put, if he, if the, if the, if the Canadians and Mexicans put together a plan and they start executing the plan, they're gone. If they do nothing like they've done and they've had a heads up for over a month now, you know, it can't get any more simple than that. But fighting and threatening and, you know, I mean, like I said, the, the problem I have with the tariffs is it hurts the amazing people, you know, in both Canada working every day. They don't, they don't need. Because their governments are inept, they have to suffer. I don't like that. I really don't like it at all. Jeff, there's a, I have a video here. This is a guy, he's put a take together. I want to see what you think of this take. And guys, let's. What do you guys think of this take right here? Go ahead and hit that one. Want to read that?
- [31:45]
B
Oh, yeah. So this is a good point from Adrian, right? And if we, if we look at. And it's on both, it's on both fronts. So we have, you know, it's interesting because there's drugs and weapons going into Canada from the U.S. there's illegals coming from Canada into the U.S. the Mexican border is out of control. So if we look at over the years how much the cartels have taken, you know, control of those, you know, border towns to a point where now, now the cartels are considered terrorist organizations. So if they're, if they've now been labeled as terrorists, it allows our military to be involved, it allows the, our government to re respond and react differently. They're pouring, you know, huge amounts of fentanyl and trafficking across our border, human trafficking. The Mexican government for years has seen the foreign worker program, meaning allowing people from Mexico get into the US they see that as a percentage of their, of their gross national product, their gross income for the country. And it's crazy. Years ago, when I was working down in Mexico City in different parts of Mexico, people were telling me about that, and I saw it like, firsthand to see how, you know, the people. When you go down into Mexico and you're actually in Mexico proper, not in one of the vacation resorts, you'll see, you know, a growing middle class. You see a lot of wealth over there and you see a lot of poverty, like, especially in Mexico City in the, in the surrounding areas. But there's a big middle class and there's a lot of people working over there. And Mexico, in Mexico versus what people think about Mexico is two different things, two different realities. And so what's happening is that the, you know, Mexican government for years has seen this percentage of their population, which is a pretty large percentage. They don't want to take care of them. So they would prefer to push them over into the US and know that they're going to work, they're going to earn, you know, cash and they're going to send that cash back into Mexico. And then the government is going to anticipate that a certain amount of the annual revenues, you know, within Mexico are going to be based off of those foreign workers. Instead of them trying to do things and develop the country and look for ways to, you know, further expand on and, you know, what they could potentially do, they could be an economic asset down at, you know, south of our border, but they've chosen a completely different approach. So Chip just walked away. But, you know, it's, it's really, you know, it's an interesting phenomena, you know, when we have to look at these different scenarios that are unfolding and now, you know, it's all coming to a head. Cryptocurrency has allowed. And if we think about from a decentral, a decentralization perspective or decentralized perspective or defy, you know, for, from a financial or economic perspective, it allows people all over the world to participate in a global economy, whereas the different countries, based on whatever their status might be, they are going to take punitive measures against their own population. And then you wonder why it's so difficult to build a business or you know, gain. Generate any kind of cash flow in, in certain countries because they're not really focused internally on being self sufficient. They're more worried about, you know, different status of, of the different government officials. They'd rather be corrupt than trying to benefit and be benefactors of, you know, the country at large. And then they look at the US for the handouts, you know, and it's definitely, you know, a major issue. So here's, you know, Blue Lotus, Mexican government making bank from the transit of immigrants to the country from Central and South America, being paid by NGOs and source. I mean, it's huge amounts of money. Huge. You know, it's crazy. You know that when you, when you consider that.
- [35:59]
A
Yeah, it's massive, man. It was a really good take right there. It's great. Look at Alex eat Phoenix, bro. Yeah, everyone's, everyone's recognizing Phoenix is in here. That's really good. Yeah, it's great, man. It's great to hear that you're, you're, you're on demand, man, because I know that was pretty tragic. Look at this right here. I want to see what you guys think of this guy's take on the tariffs. Is this guy, you know, is he in the right area? You know, let's, let's find out.
- [36:24]
D
Hey, liberal fruitcakes. See a lot of you crying over tariffs, saying it's gonna destroy the economy. Want to look at trade economics first. A tariff is a tax imposed on a country's imported goods and services. The United states only imports 15% of goods and services internationally. The rest is domestic. Now, a lot of you are concerned about what's happening with Canada and Mexico. Well, you remember that 15 I talked about? Canada and Mexico only produce 5% of that. That means between both of them, they only produce 5% of the United States GDP. So guess what? This trade war is going to turn both of those places into a third world country, although Mexico already is one. Now, the reality is we don't want that. But the United States is tired of being taken advantage of by the countries who are refusing to pay their fair share. And we all know you guys want fair share. And tariffs are a way of achieving that. Now let's look at Canada. 20 of the GDP of Canada comes from the United States trade agreements, and 75 of their trade happens with the United States. Now, that means if prices go up because of imported goods from Canada, Americans are going to refuse to buy them, meaning Canada's not going to make any money and is worth 75% of their trade. That's going to be detrimental to their economy. And Mexico doesn't even remotely have a leg to stand on with 40% of their GDP tied into American export. Now, I know you're going to say that Canada's threatened to turn off power to Americans. Well, we'll just raise the tariff. They're not going to turn it off. Do you know why? Because Canada's utilities is $55 billion in debt, which means they can't afford to turn off the United States's power. Now, you're going to say that other countries are going to stop trading with America. Well, they only make up 10 of the GDP of the United States. And we'll just pull funding from NATO because we fund 75 of that, which means all of them would have to cut their social services. Like Canada paying reparations rather than investing in their own military, which they didn't. They spent more money on social services than investing in their own military. The reality is tariffs are good when coupled with tax cuts for the United States. Yes, it will be inflationary. The numbers that we're seeing are about 0.5%. But coupled with the elimination of income tax, it would be negligible to the United States. So stop crying. Tariffs provide leverage. And America is going to put America first. We're going to be fine.
- [38:47]
A
What do you guys, what do you think about that, Jeff? His rant right there? I mean, some of it's on, some of it's, it's a little bit off, but.
- [38:54]
B
Yeah, I mean, you know, he's, he's, he, he definitely, you know, has some good numbers on there in terms of, and we're just talking about that a minute ago. You know what the, you know, the Mexico and Canada are far more tied into needing the US Than we need them now. You know, that being said, we all live in this region of the world where, you know, global stewards, so to speak, you know, and it's better to get along than not get along. And the last thing we need are enemies on our southern border. However, you know, the friends that we have on our from the north and the south are acting not in our interest, not in their interest. You know, it's, it's. But they take advantage of us at every turn. So that's coming to an end. Like you want to be a good northern neighbor, stop, you know, allowing illegals to come into our country. You want to be a good southern neighbor, do the same thing. You want to be good neighbors, you want to be in a good economic block so that we all mutually benefit. Let's look at that. For many years, you know, the U. S was sending factories down into Mexico for production because it was cheaper labor, say, you know, etc. And so do we pull all of that back? Same thing in Canada. There's certain automotive componentry that's manufactured over in Canada. If we pulled that back, really, we don't need to manufacture in Canada. It's actually, it's more expensive. Real estate's more expensive. Everything's more expensive up in Canada. Although we leverage the US Dollar to the Canadian dollar. But this is north of, it's fun. Hydro just said North America. You know, this is North America. I would rather get along. I like Canada, I like going to Canada. I, you know, I used to love Toronto. I loved going over to Windsor when we lived in Detroit. It changed at post 911 and then we left in 2005. So I haven't really been to Windsor too much as we used to go to Windsor. And I loved it, you know, it was amazing. You get better food, you know, the restaurants, the produce. It was enjoyable. I love going to Toronto. I love Montreal. You know, they're just there, there's, you know, so it, there are friendly northern border. We share a lot of commonality. However, in past years they have a government that has gone totally in the wrong direction to where it's detrimental to our country. And so, you know, from the things that they're willing to ignore, same thing on our southern border. Their policies and things that they're doing are completely detrimental to our own population. So when you say our population comes first, that we have to take care of our people. So if you're going to allow corrupted individuals to come into our country and you're not going to stop them and you're not going to work with us and all of these different facets well, you know what, you know, we come first, unfortunately for you. And that's just how it is.
- [42:08]
A
Yeah. Blue Lotus says Mexican people turning against the cartel president. It's well known that the cartels campaign for the Marina party. Chatter on X against her in Spanish. Millions of Americans and Canadians live full time or part time in Mexico, not the least of which vacations or tourism. That's true, they do.
- [42:25]
B
There's a lot of Americans in Mexico especially there's a lot of Canadian. Look at down here. Come winter time you go to Hollywood, Florida and all you hear is French Canadian. And you see Canadian license plates everywhere.
- [42:42]
A
Yeah, they own, they own Florida. They have for as long as I can under the line. I was like, no. And they love Speedos, Jeff. I've noticed that too. Inflation in Canada is almost absolutely mental. You got to take out a mortgage just to purchase eggs. Yeah, it's, it's, it's insane. Well, this is what the part that, the part that's disturbing is the fact that the governments are, are, are absolutely, you know, they're horrible. Both, both, both governments. And the problem is it hurts the people. This is the problem. Right. You're trying to do something against the government. It's really against the people. And that's where again exactly enjoys tariffs. You know, tariff a nation that, you know there's a 10 tariff going on. China, that's, that could be a lot higher. I know it's going to produce billions of dollars. But still we also have to remember. And also John Deaton chimed in on this. Let's, let's listen to what he sort of says here about the tariffs. He had a, an idea, he said that the topic of tariffs and I understand, this is John Deaton, I understand how tariffs work and understand why a country like ours would or should impose them. At times half my feet on access saying tariffs imposed by Donald Trump are great, exactly what America needs. While the other half is claiming doomsday. I see a lot of Republican support for the tariffs. Although historically Republicans and conservative think groups were generally opposed to tariffs and then considered them to be opposite of free markets. So what changed? Are they just following President Trump's lead or have world events transpired in a way of making tariffs necessary? Tomorrow when the pre market opens around 6pm we'll see Wall Street's reaction then he names a bunch of people here. He thinks the spaces to discuss the newly announced tariffs, American and Canadian would be awesome. Would be great if Pompliano and Scaramucci participated because I think they may be on opposite sides of this issue. Sorry to put Anthony's, the Anthony's on the spot, but take it as a compliment. Jeremy Hogan chimed in. He said it's breathtaking to see how quickly political parties have swapped positions on certain issues. What do either of them stand for nowadays? Well, I know what, I know what they stand for. Funny thing is I got so much heat on, I got someone from the UK Blowing up on my face. Always blows up my feed and this and that. Just, you know, having. Where.
- [44:57]
B
But where do we have political parties swapping positions on. On what issues is he talking about? It's not on tariffs. Well, they said I wasn't on tariffs because the Democrats, Clinton is the one who proposed nafta. Clinton is the one who put in place the most favored nation status.
- [45:12]
A
What he's saying is that, you know, the Republicans in the past have, haven't favored tariffs. But, you know, the thing about what Trump's been talking about is getting rid of, you know, prior to 1913, before the, before the, you know, the Federal Reserve came into play. When the Federal Reserve came into play, we also got national income tax and our 100 tariffs that used to fund the U. S. Government prior to 1913 went down to 40. And they said, we're just going to put a 1% tax on the rich. And every, every, every government, we're just going to tax the rich because they need to pair their fair share. Well, eventually everybody pays and they keep. Keeps going up and up and up. Right. I chimed in here and I said, let's see. I said, while not particularly in favor of tariffs on our neighbors as they primarily impact the people of Canada, Mexico. Rather than addressing the real issue, the government's lack of action is securing the border. Both Canada and Mexico had the opportunity to present plans outlining how they'd help curb the flow of fentanyl and allele crossings, potentially avoiding tariffs altogether. And from what I understand, I don't know, Jeff, has anything been done? I haven't seen anything been done. And if you read the Art of the Deal, that's the book that Trump authored back In, I believe, 1988, he said, you'll know that. You'll know that this move is more about negotiation than anything else. Trump stresses the importance of leverage in negotiations, stating that you should never make a deal without it. By imposing tariffs, Trump's applying economic pressure to incentivize Canada and Mexico to take a stronger action against fentanyl trafficking and illegal border crossing. It's also worth mentioning that the United States, Mexico Canada Agreement, known as the usmca, does allow for tariffs and cases related to national security which could justify this approach. I really don't expect it to last very long, but now I'm a little bit uncertain, certain about that. When they're putting all the intention, we're going to turn up you and we're going to come after you.
- [47:00]
B
And how about they will.
- [47:02]
A
Well, they have to. They have to. But, you know, and Pierre Paliev is really leading on this issue as well. He. I want to play a video that he put out. Let's get your take on this one, Jeff. He. This is something that he was said in the Parliament.
- [47:16]
E
They're in on the Prime Minister's radical liberalization of hard drugs.
- [47:20]
A
The funny thing is this is from just from December of 2024.
- [47:24]
E
Results are in on the Prime Minister's radical liberalization of hard drugs. He teamed up with the BCNDP to decriminalize fentanyl, crack and heroin. He lowered jail sentences for mass producers of deadly fentanyl. And 80% of the fentanyl made in Canada is done so using ingredients that are not even regulated, but come right into our country where they're cooked into that poison. Now threatening our trade relationship with the U.S. will he reverse his radical liberal drug agenda to save lives and jobs?
- [48:00]
A
He's not there to do the work of delivering based on science based. I just want to let everybody know, this is not AI this is the actual guy. It's. It's the. One of the weakest is beyond weak. As a leader, he just can't even get the words out fast enough. It's just as silly as Trudeau. Man, look at this. Here we go. To do the work of delivering based on science, based on compassion, based on a public health approach, on. On dealing with the toxic drug epidemic. He is instead continuing to try to score cheap political points on the backs of the most vulnerable. That's not serious. That's not responsible.
- [48:39]
E
What is not responsible is allowing 80% of the chemicals used in fentanyl manufacturing to come in unregulated and legally. What is not responsible is decriminalizing crack, heroin and fentanyl. And then after you see that, it leads to a massive increase in deaths. Then two weeks ago, he, the block and the NDP all voted in favor of a committee report to decriminalize fentanyl right across the country at a time when Canadians are dying and our border could be closed. Will the Prime Minister confirm that he has reversed himself and now opposes decriminalization.
- [49:16]
A
Of Guy's a rock star, man. He's an absolute rock star. Yeah, he is on so many levels. He's so well spoken. He'd probably be one of the best prime ministers Canada ever had. And a lot of what that has to do with is he wants to make America, I mean, Canada great, but he also wants to put Canada first. And every country should be thinking about.
- [49:35]
B
Yes, he has to do that. He has to put Canada first. Who else is going to put Canada first if he isn't? Who else is going to look out for Canadians? Why do they keep bringing it, all these illegals, you know, or, you know, people from other countries to displace the, the Canadians, you know, I mean, you got, you got to have, you have to have immigration. Immigration is great. You know, I love bringing it. I love the brain drain from other countries coming here, but I don't want the worst of the worst coming from other countries here when all they do is cause chaos and havoc. The one, you know, crazy part is that we have people coming from all over the world that come here to go to our universities, they get their advanced degrees and then they leave. They can't get jobs, they can't get visas and they have to leave the country. And instead we let you know, millions of people come across the border illegally that, you know, don't work and are going to be, you know, living off the government dole. Same thing in Canada. You know, they have all these people that come over into Canada and they live off the government dole.
- [50:36]
A
That's what Trump wants to change. He goes, if you come here for four years, you do your undergrad, you do your graduate degree and you have to leave the come country, you're about to put a startup together, you're about to, about to get into a, you know, you're somebody who's highly educated and you want to contribute and we gotta, we gotta say good, we gotta say goodbye to you. I mean, there's so many stories and the, Trump wants to change that. He's like, no, we need you in the country, we need you to stay. You know, you put the time and you put the work in. Of course, why would we say goodbye to you when somebody just walks across the border? And again, Trump is for legal immigration. I, so is Jeff, you know, I mean, you have to be able to do it right, because it's not fair to the people who spend a lot of money and get on a list and they can't even come in the US it's not fair to them especially. And usually have to pay a ton of money and just because somebody walked across the border shouldn't give them an advantage. Pierre Polyev said we must put Canada first. This is why common sense conservatives condemn President Trump's massive, unjust and unjustified tariffs on Canadian Canada's already weak economy. Canada is the United States closest neighbor, greatest ally, best friend. We share the longest undefended border and fought alongside Americans in two world wars, Korea and Afghanistan where 158 of our brave men and women died helping the US avenge the 911 attacks. And there's no justification whatsoever for this treatment. Goes on to say the Liberals must put aside their partisan interests and recall Parliament. Now to put a Canada first plan that will a retaliate with with dollar for dollar tariffs carefully aimed at maximizing impact on American companies while minimizing impact. This is what you do if you are going to put Canada first, right? You say like oh okay, put the tariff revenues to help affected workers and businesses. He's looking out for the people. Government should not keep a dime of any new revenue. So he wants, if he's going to tariff back, he wants to help the businesses are affected. Pass a massive emergency, bring it home, tap cut to bolster the economy, stop inflation immediately, scrap the Liberal Anti Resource C69 and Green Light LNG pipelines, mines, factory, right and right here bring in truly free free trade with Canada by knocking down interprovincial barriers to help replace. So these are all things he's looking out and this is the big one right here. This is the one that I, I pulled out. Rebuild our military and take back control of our borders to regain confidence of our partners, assert our sovereignty and protect our people and put Canada first. So this is it. Somebody who's looking out for Canada is going to do and it has to do and he says it right here. This would be number one, rebuild the military and protect the border. But it's in everyone's best interest. But he's got you got to protect the economy, you got to defend sovereignty. And again it's guy's a rock star, you know and it's like he's putting his country first and he's doing what he believes is in the best interest of Canada and the Canadian people. Where Trudeau's out there just yippy app and he does a whole press conference and gives no value. There's nothing plan, just a bunch of, you know, empty rhetoric. It's, it's pretty crazy.
- [53:38]
B
That's good what Phoenix is saying here, you know, something that costs 10k to build shouldn't cost the government, you know, 200,000 to build. Government needs to be stripped to the bare bones. Accountable for every century tracked on the blockchain. It's amazing to see what Doge is doing here in the US Already within two weeks, what Elon Musk has discovered, what he's seen, what he stopped, the number of people that are going to be fired. Things are moving in the right direction. We got to do that across the board. If we look at what Melee did in Argentina, he came in, said all these, you know, government organization, gone. We don't need them. See up, you know, school board or whatever, whatever that's called, gone. You know, let's get, let's get rid of it, bring it back to the state level. Let the individual communities decide what's good for their kids, not some bureaucrat sitting in Washington. They, they don't even show up for work. There's all these buildings sitting vacant. And these people take us for fools. They get paid ridiculous amounts of money in government.
- [54:42]
A
Doge has been averaging $1 billion a day in savings since it's, since Trump took office. And one of the, one of the big ones I like, they're so funny, some of them. Right. So one of them was office buildings that no one shows up to. We're spending tens of thousands of dollars on coffee that no one consumes.
- [55:00]
B
So, yeah, keep delivering it. Yeah.
- [55:02]
A
Pablo's making a good point here. Pablo Martinez says things seem bad now, but we must clean house before we move forward. It'll all get worth it. It would all be worth it when the dust settles. And I said, look, the first six months are going to be rough. Strap in. It's going to be rough because everyone's trying to take Trump down. They're trying to stop Trump. There's all kinds of craziness going on. But, you know, this has been on the, the economy's. We've been in a, we've been in a recession for two years. You just can't change the definition and say, oh, you see, we're not in a recession, so we're, we're on a brink right now of where. What things that happen. Mark Victor Hansen. Jeff, I think this video is really good because I think it kind of dips into what you and I have kind of discussed on, on the chain here. But it also talks about Trump's approach because a lot of people get it wrong. A lot of people miss the point. They think it's bombastic. He's crazy. He's Mean tweeting. No. All of this was in the campaign. If you were paying attention for last year, everything that's happening was what he said he would do. Promises made, promises kept, promoting. I want you guys to listen to this video. I think it's really well done and crafted, and it does give a different insight into who Trump is and why he acts the way he does.
- [56:10]
F
Two things going on with Trump when he trolls. So he looks around the spectrum of foreign policy challenges, and he has certain things he thinks needs to be addressed. And he knows it's not eccentric that. That other people have mentioned it. So I'll give you an example. People for a long time have talked about since World War II, that Greenland is in North America and it's very important and the United States needs extra rights there to base. Then he looks at Panama and he looks back at the treaty that Carter signed 1979, and it gave primacy for the United States to go through and at a discount rate. And it was supposed to be free of foreign. And he sees China there. So then he looks at Canada and he says, they're under our nuclear umbrella. They're not paying their fair share of the defense. The border is open, and they've got a radical Trudeau. Then he looks at Mexico and he says, they've got $63 billion in remittances that's coming in. It's their largest source of foreign exchange, and yet that comes in from anywhere from 12 to 20 illegal aliens, many of them who are on public assistance, that were subsidizing. It's the largest source of foreign exchange, and yet they let caravans come right through from Guatemala.
- [57:30]
A
Victor Davis Hansen just revealed Trump's secret weapon. Trolling with a purpose.
- [57:36]
B
When Trump floats ideas like renaming the Gulf of Mexico or buying Greenland, the.
- [57:41]
A
Media lose their minds. But behind the shock, there's always a strategy.
- [57:46]
B
Trump doesn't just want attention, he wants results. One thing is Trump isn't playing by.
- [57:52]
A
The old political rules. He forces the conversation, reshapes the debate.
- [57:57]
B
And more often than not, gets what he wants.
- [58:01]
A
Hansen breaks it all down in this must watch analysis.
- [58:04]
F
So he sees all these problems, so then he starts to bring attention to them by being art of the deal. Outrageous. So instead of saying, we're very worried. If he was a sober and judicious politician, he'd say, I'm very worried about China. There are some ambiguities in the treaty, and this is a concern, and I'm bringing a bipartisan commission. No, he's going to say, China's taking it over. We might have to go in there. I won't rule out the force. Then he'll say, why doesn't Green and just come join the United States? We'll buy it. Or he'll say, the Gulf of Mexico. Why isn't it the Gulf of America? Or then he'll say, canada, we can make it a first 51st state. So that's outrageous and that gets attention. And then people start to discuss the real problem, because there are real problems here. And then there's another element that it's trolling, because the more you start to talk about it and you dismiss his. Dismiss Trump as the Europeans, who is boisterous, divisive, eccentric. You start to look at other realities and they're. And the realities are irony. Take the Gulf of America. So Trump says, ah, it's time for time to be golf of America. How you like that? Mexico. But then you look at the coastline. The coastline of the Gulf of America is 1700 miles on the US side, and it's 1700 miles on the Mexican side. It's been Gulf of Mexico for 400 years. And the left introduced into the popular discourse the idea that there are no names. Sacrosanct. If you have the Woodrow Wilson center, change it. The hallowed boat hall, change it. So he's saying, well, they change names. They do it, not me. So I'm just going to change the name. They've had 400 years. It'll be in Gulf of America. We have the same amount. It's fair. And that gets people upset. And then Mexico gets upset. And then suddenly Mexico says, we'll stop that caravan and let's negotiate. And then Panama, he says, well, you think we're an imperial power. You're against imperialism and Yankees. You brought in the Chinese. They're worse imperialists than we are. You're a colony of China, and that gets a further iron. Then he says to the Danish, you're lecturing us, me, that I'm getting in your internal affairs. You're a little tiny country and you are a colonial power. You've got this big continent and you're acting like you're a 19th century colonial, and this is coming from the EU. And you look at Greenland. The distance from New York to Greenland is shorter than from Greenland to Copenhagen. And Greenland's in North America. So it's 19th century, 18th century, Europeans coming into North America and colonizing. And I want to let the people of Greenland decide. And the same thing with Canada. He's saying, well, maybe you should defend yourself because, you know, you don't want people. We don't want people to be our colony. And we have all this one way trade with you. I guess we're a mercantile colonial power where the British learned that colonialism didn't work. So either be part of us or just stop it. Just go your own way. And, you know, but if you don't and you want to have a symmetrical, you better close the border and you better have reciprocal trade charges and you better pay up if you want to be a partner. But if you want to be a colonial subject, then keep doing what you want and we'll treat you that way.
- [61:43]
B
So.
- [61:44]
A
So anyway, Jeff, it's a. It's a. It's a longer video, but it's really well done and said. What are your thoughts?
- [61:50]
B
Like it. Yeah, I heard, you know, parts. What he had said and you know, he's. He's definitely spot on. You know, without a doubt. You know, things that, that he's referencing the direction that we're moving in, the direction that we have to move in. You know, things are. Things are, you know, picking up at a. At a rapid pace. Dude, it's like two weeks. You know, it still amazed me. It's two weeks and the record's being set straight.
- [62:17]
A
Yeah. And. And, you know, promises made, promises kept. Crimson says, I love these little propaganda videos convincing boomers that racism is the answer. Okay. All right, Crimson, well, please give some hard proof of where the racism occurred in that video because that's. That's a really heavy reach right there. Okay. Crimson also says schizophrenia is the answer to politics. Apparently, according to these propaganda YouTube videos with military music playing.
- [62:42]
B
He did have a lot of that music in the background that set me off a little bit. I don't need the music like that. It was like.
- [62:48]
A
Well, that's because somebody else music. Well, that's because somebody took his, his interview that was kind of dry. Put some music or some. For some emphasis. A recession is nothing compared to what's coming. Oh, really? Okay. You mean what was coming the last four years wasn't. Wasn't bad enough. Okay. All right. So sure. This is funny. It's like it's nothing compared to what's coming. The doom and gloom. Yeah. Because everything else that was done was. Really worked really well. So. Sure. Why try something new? That would be a waste of time.
- [63:17]
B
I just want to point out that since the election, dude, we, we put it. You know what?
- [63:24]
A
We put it all on here, man. I mean, yeah, you have all the right to Disagree, you know, Crimson.
- [63:30]
B
But he's right about the music. Yeah, the music in the background when I listen to someone talk. I don't need that. You know, the. The music that. Because the music is putting your mind into a certain state while you're. I just want to hear him talk.
- [63:44]
A
It's a real dry. It's. He. Mark Vince, you know, he's. He's. He's a very. He's a very dry dude. Like, you see when it got real quiet at times, you're like, oh, this is. Is like, he's a good dude. He's good thought. Thought leader. But the whole point. Retrace over Bart Simpson by tomorrow, says, rejoin reborn John. So there you go. But no, it's. It makes a lot of good points. The whole thing is people like, oh, boy. So now it's very calculated. It's all. It's. It's. It's everything that Trump does. If you re. If you ever read the Art of the Deal, I read the Art of the Deal a couple times.
- [64:13]
F
It's.
- [64:13]
A
It's well done. Reason I ended up in business. I used to have a. Used to be. Have a different career when I was younger. I was a creative director. And, And I did transform. And what. What pushed me into it back in the day was I read the Art of the Deal and started doing deals. That's it. And I started using some of Trump's, some of Trump's techniques, and people like, what are you doing? How come we can't do this? And I'm like, I don't know. I thought like, well, maybe you should read the book. It's all about leverage. You got to go in knowing what your leverage is. You got to go knowing that if you have five points, know the ones you can concede and then feel like somebody else is getting a win, right? So you're going to be able to see two points. You have to know what the points you need to win. And everybody feels like they win. But that's a lot of, you know what that's about. So what else do we have here, Jeff? Let's give away this badass yeti.
- [64:58]
B
We're at that hour, so I'm gonna have to pull up the badass yeti and we'll show that. And Zober's right. America is armed to the teeth. We're the only country armed the way we are armed. And, you know, I was. Nothing could be truer than that. You know, it's interesting. I was looking through. I did. I was at the at the range last weekend. And I haven't cleaned my guns in a while, so I took them out and. And then my son came in and I key. I've been telling him for the past couple years, we got to go the rain. You got to go the rain. So finally he goes, where's everything? And he goes, when are we going to the range? I'm like, thank God. Finally you're asking.
- [65:38]
A
Yay.
- [65:39]
B
Yeah, I was take everything out. You got to be very meticulous. And the last time I was at the range, I realized I hadn't cleaned, you know, from the time before. So it been a few times. And you know, but, man, you know, that's the one thing that people don't realize are how many weapons guns are in this country. And there's a lot of, you know, gun owners. They're, you know, it's not. People overseas hear about all this gun violence. Typically with guns that are purchased illegally, you know, a lot of crime is committed that way with illegal guns, not with legally obtained guns. And you know what? You have the right to own a weapon. You watch YouTube videos. People in certain states have the right to open carry.
- [66:24]
A
Yeah, you can.
- [66:25]
B
You can open carrying ar. In Florida, you can open carry a weapon if you're fishing or hunting. So if you're down at the pier and you're fishing and, you know, you're on a bridge and you're fishing, you can have a sidearm. You can have an ar, Jeff. And you can be. And you can fish.
- [66:44]
A
Did you see the video, the viral video that went around? The guy was carrying an AR over his. Over his shoulder, and the cop stopped him and said, what are you doing? He had his fishing pole. He goes, I'm going fishing. He didn't know the statute. He quoted the statue to him. He was like. He was like. Like, even the cop didn't know the statue. And he like, let me see that. He was okay, as you were. Go ahead. You know, it's like it's. He was on his way to go fishing. And that's exactly it. The weird law, but that's kind of how it works. But, Jeff, look at this.
- [67:13]
B
Unstable adults. There are a lot of unstable people. I would like people to at least know how to operate it. You know, you go in. Typically there's a holding period, man.
- [67:22]
A
Get some.
- [67:22]
B
If you're a concealed weapons holder, you can go and buy and walk out. Other than that, there's a holding period. I believe that people should learn and understand how to, you know, how to break it down, clean it and all that stuff.
- [67:37]
A
Speaking of breaking it down, based on what Mark Hanson was saying, if you think about it like this, that whole thing about Panama, we're going to take it over all that stuff, Right. The result that got produced in less than two weeks, Trump was inaugurated two weeks tomorrow. Two weeks and 13 days. What the result that got produced is Secretary of State Marco Rubio, former Florida senator, went down and met with the president of Panama. And look at the Trump effect. Panama bends the knee, will not renew Silk Road deal with China after the Rubio visit. Check, check, Mark, that is called the results. All that other blah, blah, blah and boisterous stuff is all how it elevated it. Ruby goes down there, meets. They called off the deal with China back on track. You see how that works, Jeff?
- [68:31]
B
Exactly how it works.
- [68:33]
A
That's what people miss. It's called winning. Hashtag winning. And there's a lot of it. There's a lot of it to go around, Jeff. A lot of it to go around.
- [68:43]
B
You said here Cobb got off streaming and, you know, the market starts going back up again.
- [68:51]
A
Do you know what it means when a Democrat says our threat to our democracy, they really mean threat to their corrupt bureaucracy.
- [69:01]
B
Exactly. I was going to say that's exactly what it is. It's a hold on power that's living a democracy.
- [69:08]
A
Right. You have to remind people. And the funny thing about the Democrats, I always have to remind them, like, we live in a constitutional republic. We're the only. We're the only country on the face of the earth where the people wrote the Constitution, told the government, limited what the government could do. All the other constitutions talk about the government powers. We limited the government. And they're. And the funny, funny part about it, Jeff, is the Democrats are like, they're going to take. They're going to change the Constitution. They won't live up to the Constitution. I'm like, well, yeah, that's the whole point of this whole lawlessness that happened this last four years. Yeah. Trump's always been about following the law. Right. It's always been about what it's about. But did you know this guy, Jeff? He wrote a song about Chuck Schumer's wife. I haven't really listened to the whole thing. Doesn't that seem like a weird thing? Like write a thing about Chuck Schumer's wife. Seems like a weird thing.
- [69:53]
B
Very weird.
- [69:54]
A
Very weird. There it is. Wife is a dude.
- [69:59]
B
Deep inside, you know that it's true. You can try to deny it, but it's so hard to do. Chugging Schumer's wife is a dude.
- [70:21]
A
Oh, that's rough, Jeff. My God. I don't know if that's true. That seems. That seems way off, Jeff. I don't know. People are crazy these days. They're just insane, aren't they?
- [70:31]
B
See that? That's a Canadian dollar, Chip.
- [70:35]
A
Yeah, well, that's.
- [70:38]
B
That's not dip. Look at that dip. It's like a cliff.
- [70:42]
A
Oh, yeah.
- [70:43]
B
You know what? That's not. But it's. It's been worse than that. I can remember. I mean, right now it's trading at, like, you know, 33%. There was a time where it was like a 40 exchange. It was almost two for one. We used to go to Windsor all the time, go to dinner, go to lunch, go to the bar. And it was two for one. You're like, it's two for one. No matter. That's why it would be great to go over there. You know, you'd have a lot of fun, you know? And it was two for one. So there you go.
- [71:12]
A
There you have it. That's not a good thing. I thought that was XRP when you first showed it to me.
- [71:17]
B
That's a Canadian dollar. I like it. It should go back down to like a 60 cent. It was at like 70 cents. So, I mean, it's not like this massive drop. You know, it's like a. The recent drop.
- [71:29]
A
But again, the terrorists will also hurt. It'll also hurt the Canadian dollar. This is what I don't like. I don't like that Canadian people, Mexican people getting hurt. Yeah, because they're government, right? Because, I mean, Mexico is. Let the cartels get more powerful. They've got. They've got. You know, I saw a video today where they've got all kinds of military sort of equipment, right? Armored cars and stuff and trucks, and I mean. And they do nothing about it. So the best thing was to have that be designated as a terrorist group. We have 23 guys. If you want to take one last shot of. Of putting in yeti, Type in yeti. If you already typed it, it won't count because it only counts it once, but it looks like we are ready to draw. Yes or no?
- [72:10]
B
I think so. Just one more time. Look at that badass. Look at that badass YETI right there. That's a beautiful, beautiful badass yeti. The white tribe. That's a guardian.
- [72:23]
A
Stuart Starburn likes to see thousands wiped off his account value. No, nobody likes it. But don't worry, man. It's all temporary.
- [72:30]
B
You guys always watched. He doesn't.
- [72:32]
A
He.
- [72:32]
B
He loves watching thousands. He's crying. Not that he likes it.
- [72:37]
A
Nobody likes. I know. It's. It's. It's. He's being. He's being. You know, it's been a little facetious. Facetious. There you go. Here we go, guys. Ready? He's gonna win a 1 in 23.
- [72:47]
B
Here we go.
- [72:48]
F
Really?
- [72:48]
A
1 in 20. I typed.
- [72:50]
B
Yeah, that's right. It's badassery right there.
- [72:54]
A
We got. Who do we got? Who's it gonna be? Who is gonna win? Who's gonna get a YETI today?
- [73:02]
B
Edward.
- [73:03]
A
Og. Ed. Big OG on the channel here. Ed.
- [73:09]
B
Is that here? I hope Ed's here.
- [73:11]
A
That.
- [73:11]
B
Are you here? Brunchalowski? Ed. Franz Chlowski. Are you here, Ed? Because you know the rules. If Ed isn't here, then, you know we got to do. We're unfortunately gonna have to redraw.
- [73:29]
A
Yeah, we have to see. I don't know. I haven't seen him chime in here at his girling house. Yeah. You have any? So he says. Congratulations. We gotta just.
- [73:41]
B
Ed is actually Brad Garlinghouse. That's his pseudonym that he uses when he comes in here and hangs out with us.
- [73:47]
A
Rumors now, Jeff. We gotta do. Hey, the Franz got it. He got it. But I don't know if he's here to get it. That's the problem. I'm not sure if he's here. Where the heck is he?
- [74:04]
B
Oh, man, that sucks.
- [74:06]
A
Here, man. I'm gonna give you like five more seconds.
- [74:08]
B
I don't think he's here. You asked if he was here. Said hey, Ed, are you here? Get that 20 second delay.
- [74:16]
A
Yeah. Edward. Yeah. My God, this is horrible. He took off. He's not no longer here. Well, that means everybody has another shot at. Let's roll again. Says blue. There we go, guys. We're gonna roll again. Sorry about that, Ed. Here we go. Ready? And let's go. Rolling the dice again. Who's going to be the winner? Hope you're here. This doesn't last until the night. Let's see, what do we got here?
- [74:44]
B
Ray run wins.
- [74:46]
A
Ray 1 run. Didn't Ray Run just win again?
- [74:49]
B
Ray Run. Ray Run one. Not that long ago. Actually.
- [74:53]
A
I remember him coming up here. Man.
- [74:55]
B
I gotta see. But Ray Run might not be here.
- [75:01]
A
Please. There it is. Oh, he's on top of it. He's already popped in with here messing around.
- [75:09]
B
There we go.
- [75:10]
A
He's got that beautiful. There it is right there. That's what you Won. Bam.
- [75:16]
B
Let's see how long it's been since Ray. It's been a while since Ray won.
- [75:21]
A
Yeah, it's been maybe last year. I think he won. Random. It's a random call. Everybody has a chance. Thank you. Yeah. Awesome. Nice. You got. That's a killer. That's a killer one. Yeah, we see it. We see it up here. Jeff's gonna grab it in a second. There it is right there.
- [75:38]
B
We see it.
- [75:40]
A
I love that. It was like, here, boom. And here's the wallet address. See, some people take direction well, Jeff, they got their wallet. They were ready to go. And then bamo. And see, Ray was already ready, knowing that he didn't, you know, it wasn't the first name that came up. And guess what there.
- [75:55]
B
So you gotta like, Ray Run is here and Ray Run is a supporter of on the chain. So there you go. Yeah, there you go. Okay. Here's how fast it is. So I'm just typing in a few things.
- [76:09]
A
That is. Why do you have his address so soon? Because we said it at the beginning of the. Of this. Of the broadcast. Be ready, Be ready. Get your say you're here. You got to pop it in. If you hit the copy button, all you're doing is waiting for the time. Then you hit paste. That's not that tough. So there you go. Here we go.
- [76:26]
B
So we're gonna go boom. We're gonna go boom. I gotta remove it. Hit the transfer. This is how quick this thing. I love this because try to do this on like opensea or one of these and be like, I'm gonna. I'm gonna open up my app and now I want to transfer stuff over real quick. And it actually takes more time talking about it. Oh, great. There was an update. There's. It's. It's more time talking about it than the actual scanned right now. Popping up. Swipe to accept processing. Gotta do the acceptance. Thinking it's thinking it's in process. In process. Verifying. Boom. Done. There you go. Ray Run now owns this badass Jeff Yeti. And it's not just any badass yeti. It's a guardian.
- [77:17]
A
Guardian, baby. Do we want to play another propaganda video before we get out of here with military music?
- [77:23]
B
I love propaganda.
- [77:25]
A
Let's play a mill. Another propaganda video with. With military music in the background.
- [77:29]
B
Raised part of, you know, the Yowies run the yeti trafficking. They're trafficking yetis into Australia coming out next though.
- [77:36]
A
Yahweh's will be making their ways are coming out.
- [77:39]
B
That's Gonna be exciting. I can't wait.
- [77:40]
A
It's gonna be a slim number of. Yeah, they're definitely gonna make this. This. This propaganda video is for. For Crimson because he says he loves them. He loves the propaganda videos. So let's put another one on. Ready, guys? Let's. Let's watch this one Deep state.
- [77:56]
C
The Trump you feared in 2020 is nothing compared to the strategic mastermind he's become. For four years, you thought you won. What you really did was give him time to study the entire corrupt playbook. Every dirty trick, every hidden lever of power, every bureaucratic scheme. He's mapped it all out. US Patriots wanted someone who could truly drain the swamp. Maga Nation Smash share. To help the channel, he spent four years learning exactly how to demolish it. We just confirmed what Patriots have been hoping for. Trump isn't playing defense anymore. He's got a battle plan. Plan that will shatter the entire corrupt system. The career bureaucrats, the hidden power brokers, the swamp creatures who thought they could wait him out. They have no idea what's coming. This isn't about politics anymore. This is about dismantling the machine that's been stealing your freedoms. Looking at you, too, rhinos. When Trump returns, change won't come slowly. It's coming like a tornado. Ready to witness the biggest takedown in American history. Pay attention, because the real fight is about to begin.
- [79:06]
A
This was made before. Before he even took office. Oh, my gosh. Was it like. It was so right, right? I mean, it was so on. You know, I'm seeing visual vendetta over there, talking up some good stuff. So I want to show you something. Visual vendetta. Let me go ahead and pull this up. The White Tribe. So here we go. And this is the whole reason he said he wanted that one. He wanted it, man. And here's the thing. You can go over to, very simply, you can go over to XRP Cafe. I'll drop the link for the White Tribe. Here it is right here, guys, because I. I get it. There's probably something you want, but here it is right here. And this is the. This is why I was saying this is the guy who's the COVID That's why we can't give him away. But you got one very, very close to the COVID image that, you know, that actually describes that they're 12 XRP. It's going down and down. So it's even less so 12 XRP. We have 31% are minted. And then you can see that you can actually buy some of these if you see a good. If you see one that you like, you can go ahead and make an offer. Now remember this is when XRP was like $0.40, so that's why these are high. But you can say, you can say buy now and you can actually make an offer. You can see there's a. There's an offer. You can make. Make an offer button and you can offer whatever and somebody can accept it or not. It's up to them. Right? So these are all the ones. And if you want to come over here, if you want to click on this and you want to just go just to the. Let's see where are. This is weird. This is the one that doesn't have the.
- [80:48]
B
Rarities here for some reason.
- [80:49]
A
Yeah, for some reason. I gotta, I still gotta talk to them about that. But anyway, what you can do. And you also can't select by the. You can't select by. There's a clan name right there. There you can. So if you want to see all of these are all of them right here. But if you want to see the Guardians, you can click there. They make up 9%, 9 and a half percent. And you can see them all right here. There they are. There's the whole Guardian lot right there.
- [81:20]
B
Look at that comment right there from Ray Run. Ray Run said Visual vendetta. I'll trade if you want. I have two similar yetis. Man, he has another Guardian. The Guardians are awesome. I love the grade.
- [81:35]
A
See, like, so you can. Like these ones here, you can make an offer. Guardians, I mean, they're similar looking. They got different, you know, facial expressions or a little bit they're slightly different, but you can see that, you know, there's the different eye color, you know, different wearing, different things.
- [81:49]
B
Right.
- [81:50]
A
A little bit.
- [81:50]
B
In the lore of the Yeti, the Guardians become elders when an elder dies. There's seven elders. Seven. And so when seven, when one of the seven dies, whether naturally or killed in battle or whatever, one of the guardians steps up. Now, the elders are big. If you see some of the elders. So the Guardians actually, you know, will grow to the size we are saying.
- [82:17]
A
He has 26 right there. He has 26 and he has 44. So let's see, is 44 on here? Let's see. No, I didn't want that. There you go.
- [82:35]
B
Oh, look at that one.
- [82:37]
A
I like that one.
- [82:39]
B
Wow.
- [82:41]
A
There you go.
- [82:42]
B
There you go. Visual Vendetta says don't we wanted a low price.
- [82:49]
A
There you go.
- [82:51]
B
Yeti lingerie is a thing in Yowie Town. Well, Steve, stay tuned because we have a whole yowie group that will be minted, that'll be available in the near future once we.
- [83:06]
A
Yeah, Jeff, can you tell them the always are so people understand what a yowie is.
- [83:10]
B
If you think about what a yeti is in mythology, a yowie is an Australian version of the yeti. So they left, felt left out, you know, being over there on that island all by themselves. And they have their own folklore, then they have the yowie folklore. And so it's a similar type of. Of a yeti type of creature. Or, you know, we have the bigfoot, there's others. But the Yowie, these beasts, you know, they're forest dwellers, you know, so look at these guys. These guys are just vicious. If you think about, you know, they're not quite as refined as the. As the yetis, you know, but these guys, they're just think about the, you know, they have big insects over there, big animals, you know, they gotta, you know, there's a lot it takes to survive. So these guys are, you know, they don't have. They're not worried about armor, and they got claws, teeth, and wooden weapons, and they just go to battle.
- [84:12]
A
There they are, man.
- [84:14]
B
Some are a little crazier than others. Some are cute and look cuddly, but if you look at those sharp, pointy.
- [84:20]
A
Teeth, these are the badass yowies right here.
- [84:24]
B
Yep, those are the badass yowies. And they're. They're not up yet, so be exciting to see what kind of things are going to be available when those roll out. That'll be exciting.
- [84:36]
A
There you go. So you got a little bit of a preview there, what that looks like.
- [84:44]
B
Phoenix said island's about as big as the usa. Thank you. Yeah, but you're still an island way over there by yourselves.
- [84:51]
A
True. Good point. Good point, guys. So that's all we have for you tonight. We're gonna get out of here, guys. Wish you have a great week. Yo, he's five times bigger.
- [85:04]
B
Are they?
- [85:05]
A
Well, yeah, we'll be doing that.
- [85:07]
B
And then a bigger in size, bigger in excitement. We got a huge Australian following, a big contingency here from Australia that we love. And we got to meet a whole bunch of, you know, people from Australia when we went over there for the Wave of Innovation, which, by the way, is an amazing conference. And the wave of innovation will be coming up again very soon.
- [85:35]
A
And we're planning Phoenix. It's going to be in the Gold coast, so up by Brisbane there. So I don't know where you're located in Australia, but you should definitely, definitely come. But yeah, it'll be back in May and super exciting. It's a big trip for us. It takes us 30 hours to get there. So it's a.
- [85:54]
B
It's coming up.
- [85:56]
A
Yeah, it's coming up.
- [85:57]
B
Yeah.
- [85:59]
A
Don't you. The hour to see the yellow in their eyes. There you go.
- [86:03]
B
And drink more coffee. That has yeti coffee. It's badass.
- [86:09]
A
Good night. All right, guys, that's it. We're getting out of here. Always in cars. Come down to see you. Good. Awesome, man. Very cool. You know, give you more. More heads up on that. And that's all I know. That's all Jeff knows. We are here, guys. Have a great week. We'll see you on the next one. Chip and Jeff.
- [86:27]
B
Oh.
- [86:30]
A
Are you down with otc?
- [86:33]
B
Please, like, subscribe and click the bell.
- [86:37]
A
To be notified when the next video drops.