← On The Chain - Blockchain and Cryptocurrency News + Opinion
On The Chain - Blockchain and Cryptocurrency News + Opinion
Did Ripple Just Connect the Dots?
01:15:01
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- [00:02]
Jeff
Chip, I have a question. Why now? That's it. Why is all this happening right now? Because over the last few days we've seen Ripple talking about moving 3 trillion in institutional clearing on chain Europe opening the door. RLUSD is expanding. New lending coming to the XRP ledger. That's right. Formal verification. Hundreds of developers building on the xrpo. And honestly, none of those stories really seem connected. Or are they?
- [00:31]
Unknown Caller
Jeff?
- [00:31]
Chip
I don't think today is really about a story. I think it's more about the receipts. The story happened years ago. Hidden road rlusd Prime Europe XRPL developers. We've seen and we've done, we've covered pretty much every one of these stories right from the beginning. But tonight's the first time I feel like they all belong in the same conversation.
- [00:53]
Commentator
You know what?
- [00:54]
Jeff
That's exactly where my head went as well. Because every time. Great minds. Because every time one of those announcements came out, everyone treated it like another headline. That's right. Kind of boring, mundane. Ripple launched this. Ripple partnered with them. R.L. uSD is now here. But nobody really stopped to ask why are all these things happening all at the same time?
- [01:17]
Chip
Or maybe the better question is are they happening at the same time? Where we finally reach the point where enough pieces are in place that we can actually see what Ripple has been building.
- [01:30]
Jeff
Exactly. Because if that's true, then payments were never really the end game. Payments were actually the entry point. And what Ripple is building right now looks a whole lot bigger than moving money from point A to point B. Ready to kick this thing off?
- [01:47]
Chip
Let's go.
- [01:51]
Host/Announcer
Welcome to on the Chain
- [01:57]
Jeff
chip. Let's go right back to where we left off. There's one thing Mike Higgins said that kind of stopped me. It wasn't the 3 trillion, it was just one sentence. Let's pull the clip. We got a clip.
- [02:09]
Mike Higgins
The XRP ledger and XRP in mind. Right as we're, we're building things and so you know, that's very important to, to the firm. And so taking, taking the traditional, you know, prime and clearing businesses and moving that on chain and moving that onto the. Is definitely directions that we're trying to move into. Just as the businesses move 247 stablecoins are clearly needed. If our clients are then interacting with stablecoins then they need technology on their side like custody technology. And so these are all very, very integrated or we're in process, I should say of continuing to integrate and adding value to the clients. Because the new digital world requires custody. It requires prime brokerage from A normal infrastructure standpoint, stable coins to move those around and a ledger, obviously, to operate these things on a blockchain. So I'd say it really touches all parts of the business. And the broader statement I'd give Jacqueline is we believe at Ripple that anything of value is getting tokenized, and that is moving on chain, the Internet of value. And so we're trying to ensure that we are able to add value across that.
- [03:26]
Guest Commentator
That. That.
- [03:27]
Mike Higgins
That ecosystem that's being built out. And each of the pieces that Ripple has put together, either built organically or through acquisitions, tell that same story.
- [03:37]
Jeff
That's right.
- [03:38]
Commentator
Man.
- [03:39]
Jeff
Chip, you know what? This really, again, caught my attention then, you know, and I don't know if you guys all caught it, but it wasn't just all about payments. Right. He was talking about, right off the bat, he was talking about prime and clearing, and that's a really important statement.
- [03:55]
Chip
Agreed.
- [03:57]
Jeff
So really, you know, this is why I want to keep asking. And it was on the thumbnail also, Chip, why now? Because when you put that together with the things that we mentioned before and you think about Europe, rousd, xrpo, lending, Korea, Bria is big. It starts to feel like we're looking at something much bigger. Not just another ripple announcement. Maybe we're finally seeing how all these pieces put together. And so, Chip, we're going to get into this deep, and I want everyone to really think about what all this really means. Welcome back to on the Chain. This is Jeff here with co host Chip. What's going on, Chip? What's going on? Otc, hit that, like, subscribe. And if you're feeling generous and you want to feed our unruly AI, well, that's on you. Now, as you sit back and you listen, you may just be asking yourself, am I wasting my time here? No.
- [04:52]
Chip
Hell no. Hell no. Just getting started, Jeff. We're just getting started. The revolution has just begun. No, it's interesting to hear Mike Higgins. Now, Mike Higgins, funny, because he was one of the acquisitions that came over with what was then called hidden robe. Now it's called Ripple Prime. But one of the things, you know, when he talked about, you know, something really important, too, and this is something we've been hearing a lot, is the tokenization. This tokenization piece is big. He's talking about the. The importance of stable coins. Of course, you have RL USD. But I think the big. The big thing there was, you know, not just about payments anymore, you know, early days. We heard from, I believe it was David Schwartzer, and we Heard from Brad Garlinghouse that that was the first use case they came up, but they put a lot of focus around it. Now you're going to see it go a little bit further, a little wider. And he says, well, what's going to be important to these people, these institutions? Well, they're going to need custody. So they need all the pieces that Ripple really has. Right. So, and then all the things we're going to talk about tonight too, which is, which are the builders, you know, people are building. You've got, you know, the idea about lending on the XRPL and also the idea of how massive an impact Korea has on the xrpl. It is heating up to be something pretty special. A lot of stuff, cool stuff going on and I just see that there's a lot more news coming out. Casey Craddock, if I'm saying that correctly, she heads up over there in the European side over there. But she came out with this, she said, we have preliminary approval of our CASP license. CASP license. Once fully approved, European banks, financial institutions and fintechs will be able to access our meaning ripples end to end crypto set in stable coin payments infrastructure through a single regulated integration. The next wave of institutional digital asset adoption in Europe is here and that is big. And we're hoping that big news, this little bill called Clarity gets passed soon so we'll have that kind of momentum here in the US President of Ripple, Monica Law and commented that this is what compliance first looks like. Hear that, Jeff? Compliance first. Waiting for compliance in the United States. They're getting it in Europe with this license. And this is why European institutions choose to build with Ripple. Why? Because one of the things they have is compliance. When you're a big fintech, a financial institution. You saw Casey Craddock mention it. This is what's going to be key to your survival. You surely don't want to be mixing it up with the regulators and you want to make sure that you're working with compliant companies. It's a lot easier to work with them that have all of the solutions across the board and it's another way to sort of slide into some of the other things that they're doing.
- [07:29]
Jeff
Yeah, I mean this is, it's really big news. You know, when we start seeing the direction of things, big announcements, big market changes, things are really heating up across the board. This is really important and you can't underscore it enough on how critical making sure that the licensing, the regulatory framework, all this comes into, into play now Again, you know, like we kind of teased in the open, Ripple hasn't been sitting back for all these years and doing nothing. We've seen them really laying all the pipeline and you know, the, they've really built an amazing, an amazing launch point. And, and this is, this is going to propel not just Ripple though. Ripple has done a good job for what they build, but the entire in industry, those and developers that are going to be building in and around the xrpl, man, this is, this is the future we're watching actually. If we want to look backwards in time, we're watching history being made. And this is very, very cool.
- [08:34]
Chip
And so this is obviously through Mika, but it's funny. The CSSF full rollout of Ripple payments across the European Economic area, which is basically all of the eu, but it really puts Ripple in a good position. So that's, that's pretty nice. This crypto asset service provider, the casp, it's a license from Luxembourg's Commission de Surveillance. You like that? Surveillance under the EU's Markets and Crypto Assets MICA regulation. Preliminary approval in the form of a green light letter like say it's forthcoming, subject to final conditions. Always is. It will enable Ripple to scale regulated crypto asset services. The financial institutions and businesses. Across how many countries? 30 across the European Economic Area. I call it the European Union. The European Economic Area. That's something new that I haven't quite heard yet, but I'm pretty sure most of the eu, it might be a little bit broader. I don't know how many countries are in the EU, but I'm guessing it's probably somewhere around 30 because I don't know where that is. But across the European it probably could be include more that are actually.
- [09:39]
Jeff
So too many are in the U. Let's have fewer in the EU and more in the European Economic. What was it? Economic community.
- [09:48]
Chip
Mike, Mike, Mike says. What's up boys? What's up? Bunch of glitches.
- [09:52]
Host/Announcer
Watch out.
- [09:53]
Guest Commentator
Glitches.
- [09:53]
Chip
Yeah. We got a lot of UK news today, today. And unfortunately Keir Starmer decided to. To basically give it up finally. But it doesn't matter because Annie Burn. He's the same. He's the same dude, different glasses, same. Same mold. You get the same guy, you're gonna get Starmer 2.0. Probably worse than Starmer. So it really doesn't matter. It doesn't matter. Not sure if you guys saw it yet. Can you grab that? I don't even know what that is.
- [10:18]
Jeff
Not grab it. I have to go into YouTube to grab it and see what it is. It was just announced 16 minutes ago.
- [10:25]
Chip
Well, that's probably why we haven't, that's probably why we haven't gotten it. Well, what I'll do is I'll screenshot it and then what'll happen is I'll be able to get it because I'm on a Mac and then if I open a screenshot up, I can actually copy that. I can actually click on it. You see that? Look at that. All right, let me do this. Let's, let's, let's look at it.
- [10:45]
Jeff
Pretty fancy.
- [10:46]
Chip
So here we go. This is breaking news. What we like about our audience. Mike. Mike. Mike says this Ripple. We're proud to announce that Ripple USD RL USD is officially available in Japan following approval from the Japan Financial Services Agency. Through our partnership with the SBI Group and SBIVC official RLUSD will be accessible to both institutional and retail users via the VC trade platform. Serving a bridge as a bridge for payments tokenization and collateral management. With 1.7 billion in market cap and a 10 year relationship with SBI, this is significant milestone advancing regulated stablecoin adoption across Asia. And thanks to Mike. Mike. Mike. And thanks to all of our OTC family. You heard it here first because they will not let something go unhurt un untouched. And again, this is fresh off the presses. I did catch a little bit of wind of something like this would be happening but it's great. Of course SBI Group, one of the big early investors in the private company Ripple. So that's great to see. It's another phenomenal one. Thank you guys for that. Really appreciate it. And there it is right there. Dollar all sure does. It sure does. It says all of it and more.
- [12:01]
Jeff
So there's everything you need to know,
- [12:03]
Chip
everything you needed to know and probably a couple that you didn't even want to know. When it comes down to it, this is an intro. I actually like this statement. I want to see what you think about this. Jeff, this is Reese Merrick. Okay, Reese Merrick, he's over there. He's a Ripple guy, but he's over there. He's a senior executive officer, Managing director of the Middle east and Africa. These views are his own. So this is not official Ripple statement but I did catch my eye today. He said in 2000 the dot com bubble was bursting and buying things online was globally negligible, estimated at maybe 0.2% of all retail sales. People simply didn't trust the web with their money. Just as global e Commerce spent its first decade being dismissed as overhyped. It has only become a seamless daily reality. With the rise of infrastructure, of course. Jeff, Smartphones have changed the game largely today. You're, I mean we look at this, he's not saying this, but you have to be smartphone first. It used to be the other way around. Remember they had the, the, the, the mobile dot moby and all this stuff. They thought there were gonna be a separate URL. No, no, you're just gonna make it mobile today. You're gonna be more sees. Today, globally, more than $1 out of every $5 spent on retail happens online. Seems like it's bigger than that, but that's 20% of everything purchased is online. Crypto payment quietly moving through the same slow foundational phase before inevitable mainstream normalization. You are not bullish enough. And look at this chart, Jeff. This is interesting. 2000, which doesn't seem that long ago. 26 years ago, but we were well into the Internet by then. You know, 95 came and then we were already six years into it. But look at how slow and even. You go Back to like 2009, Bitcoin was introduced somewhere in this area. It still was pretty non existent, less than 1%. You figure when bitcoin came on the scene, the smartphones came on the scene. You had Android, you had iOS coming on the scene. 2012 still less negligible. But look at the climb from 2016 to 2018. It jumps from five all the way up to almost 15%. A little bit of a hike in 2020. Then it kind of just slowly elevated from 2020 on. You think this would have been bigger just because that was the pandemic that happened right around 2020. It's really funny how sharp it is from 2016 to 2020. I wonder who's president then. And then the biggest hike of all should have been when people were locked in our houses, but it wasn't. It was a little bit slower. But this is the biggest hike right there. Boom. I think it's a pretty good analogy.
- [14:46]
Jeff
Like it.
- [14:47]
Chip
I hope we get there much quicker than that. The f we look, we look throughout history, how many people it took to get to the first million users, the one that broke the mold and did it the quickest was chat GPT and literally over 30 days it got to a million users. It's the first time ever. Look at how long it took to get the first million people who owned a per computer. First million that got the Internet. It took a lot longer than 30 days.
- [15:18]
Jeff
Oh, yeah, things are, things are heating up, especially if there's some form of use case, you know, especially if it's like secret sauce use case. And I think that's how people perceive the AI. The AI was just so kind of impressive. And so here, here we go, you know, and so are we going to see more rapid mass adoption as we move forward? But, you know, that's the question.
- [15:44]
Chip
I love this comment from Dave. He's like, hell yeah, my show's on. I just crushed a good damn workout accumulated north today. It's a good day. Right on, Dave. Way to go. It's a way to do it accumulating. See, some people are scared. Dave's not. Dave's buying. Dave's doubling down, right? So he knows, he understands what a good sale looks like. When he sees something on sale, he's cool.
- [16:05]
Jeff
How, how long is it going to take to get the first million owners of this beautiful Commodore flip phone that's launching June 30?
- [16:15]
Chip
Is that a real thing, Jeff?
- [16:16]
Jeff
It's a real thing.
- [16:17]
Chip
It's legit.
- [16:19]
Jeff
$640 for a flip phone. How beautiful this thing is.
- [16:24]
Chip
It actually looks like something Trump would make. It's all gold. It looks ridiculous.
- [16:28]
Jeff
Well, this is the founders edition right here. The Commodore 64 Founders Edition. Look at those headsets, Jeff. No, it's not. It's for real. The Commodore 64 is back. So they brought the Commodore 64 back.
- [16:43]
Chip
Oh, I see. It's for old dudes so they can pretend, right?
- [16:47]
Jeff
But then they're bringing the phone. So there's no. No scrolling. There's no social media. Look, no social media runs 99 of the apps except for social media flip closure, T9 style texting. Who didn't. Who didn't love that? You know, who wants the. Wait, there's no T9 style texting back. No doom scrolling and T9 the thing to try to type.
- [17:12]
Chip
Right.
- [17:12]
Jeff
Remember that high def music chip, FM radio? Who doesn't want an FM radio?
- [17:17]
Chip
I don't want it.
- [17:17]
Jeff
I don't even know what that is. Do they still have FM radio? That's still a thing.
- [17:21]
Chip
Yeah, I listen to a Sirius xm. I don't even listen.
- [17:23]
Jeff
Yeah, I don't know. Sid Chip tune ringtones. So we're going back to ringtone. So maybe we'll get the old Nokia ringtone or something like that.
- [17:31]
Chip
What they're saying is they want to go back to the old Nokia phone and put a new cover on it. This is pathetic.
- [17:36]
Jeff
That's it. Got worldwide network support The WI fi and hotspot.
- [17:41]
Chip
Go to the. Go to the buy page. This is a great parody. This is the best parody I've seen in a long time. No doom scrolling.
- [17:48]
Jeff
There's no way we're gonna tune in and log out. Get the message. Look at that. Here's the launch video.
- [17:54]
Chip
No, we're not watching this. The Commodore. It even looks like 1980. Jeff callback this is sad.
- [18:06]
Jeff
Look how exciting. They're bringing back the 80s 90s.
- [18:11]
Chip
Leave it.
- [18:12]
Jeff
Look at this.
- [18:14]
Chip
That's a great parody. It's one of the best parodies I've seen in a while.
- [18:16]
Jeff
Who would want to Laptop or a smartphone.
- [18:20]
Chip
I'm an energy into this thing. This is unbelievable. My goodness. It's all 80s images of spinning phones. Yeah, I'm gonna. That's a no for me.
- [18:32]
Bishop Dewar
I'm out.
- [18:34]
Jeff
How beautiful that is. Come on.
- [18:36]
Chip
Oh man.
- [18:36]
PIOS
I can't.
- [18:37]
Jeff
You don't want. You don't want a common phone. Come on.
- [18:39]
Chip
Jumping back on the XRP ledger.
- [18:41]
Jeff
Might even be able to trade XRP with it. I don't know.
- [18:43]
Chip
No, there's no crypto on it either. I said no crypto. No doom scrolling. Hell no. XRP Ledger foundation is excited to team up with Common prefix. Honestly, I'm not. I like the more uncommon prefixes personally. That's. Common Prefix is building blockchain and trust technologies for mainstream adoption and finance institutions and beyond. They're common. Remember common sense used to be common. It's not so common anymore. So working with Common Prefix to shape the new security standards for the XRP ledger. Upcoming formal verification security analysis of the XRPL consensus mechanism. Maintaining the payment engine spec, keeping it in sync with the XRPLD releases and monitoring changes. And how about that for a logo? That's a very good logo. I love it. Names Roman inside of two brackets.
- [19:35]
Jeff
The perfect logo. Nice. XRPO Korea.
- [19:40]
Chip
Look at that.
- [19:41]
Jeff
Love an XRPL Korea. Look at this. Moving to the XRPL 270 builders applied. 12 finalists are taking the stage on June 25th. Oh, that's tomorrow at 2 IFC Seoul time. That's gonna happen pretty soon actually.
- [19:57]
Chip
Yeah. Say it's happened in a few hours. Really?
- [19:59]
Bishop Dewar
Yeah.
- [20:00]
Jeff
So ma', am, they're already lined up. KFIP 2026 has become Korea's largest XO XRPL native accelerator program to date. Meet every team here.
- [20:12]
Chip
Well, look at all this that's going on the xrpl like you know to go in each one of these but incredible. Secure Web3 Infrastructure founded by Core Research is a Korean university school of cyber security. You've got Blue Nomad. Blue Nomad is. I don't know what that is. Doesn't say much about it. Must be the dude that's putting that together. Or Gal. I don't know. Then you got Connect Fit zero followers. It's got two followers there.
- [20:40]
Jeff
Followers again.
- [20:41]
Chip
You got Dari. I don't know what that is ever. Treasure. There's a lot of cool stuff in here. There we go. For art investment empowering artists. So there's a lot of cool stuff happening. Check the finalist weekly contents. There it is right there. There's all the stuff that's going on. And then the finalists ship across four frontiers on finance of the XRP ledger Payments and effects, Credit and trade finance Collateral liquidity and AI powered finance.
- [21:08]
Jeff
Dude, they're so ahead.
- [21:10]
Chip
Production grade implementation with several already operating on mainnet ahead of demo day if of 2026 hosted by Seoul Fintech Lab and XRPL Korea with Ripple as a main sponsor. And like the panel, Jeff. Ripple XRPL Karita hashed it's in global toss. It's a great name for a company.
- [21:34]
Jeff
The Korea Fintech Industry Association. That up.
- [21:39]
PIOS
Let's read
- [21:42]
Chip
is. Go ahead. Take that one, Jeff.
- [21:45]
Jeff
Is it in Korean? No. Korean Fintech's builders are gathering at XRPL. We just read this but in a different way. 270 applied for the KFIP 2026. So 12 finalist teams hold final presentation. We just Read this on June 25th at UIDO IFC2, Korea's largest ever XRP builder accelerator program. Profiles of the 12 teams compiled on one page. Here they are. Oh, that's weird. Going through that dairy KYVC S bit. I like all the. I do like the areas that they're building in. I would love to see the AI powered finance and get an understanding of what they're doing.
- [22:28]
Chip
So let's talk a little more right here about them. Who's dealing with AI here? Let's see. Tokenizing. Here we go. Got Cab Kab Labs. AI powered trade finance auto verifies LC's and shipping documents. Settles trade payments in three to five seconds. You got Trixa passport wallet for tourist tax free shopping.
- [22:49]
Jeff
So key is a verifying the shipping. That's really important.
- [22:53]
Chip
Reusable corporate KYC that issues verifiable credentials. Man, there's so many great use cases here. You're like whoa, how are they doing all this? It's crazy.
- [23:03]
Jeff
But Dave's over here harvested it. I also tax harvested Today man, Dave is just like hyperactive. Here, look at all the stuff he's going on. Dave always doubles down. Look at that. The wife's on board. Sometimes hesitantly. Look at that.
- [23:16]
Chip
Yeah, well some. Sometimes Dave's putting it very like because my wife must be an earshot. She might be watching this. He's like hesitantly. It's a nice way to put it. Dave, something else I wanted to get into Soil. Have you heard of Soil, Jeff? Soils Gearing. Never heard of Soil Application lending protocol. So we got a little video from Soil. It's a little bit of a demo, bit hard to hear but let's play this. Let's listen to this video and we'll kind of get through it together.
- [23:48]
Jeff
If you crypto Prince might never be the king.
- [23:51]
Chip
Yeah, let's go through this is, this is from Soil. Then we'll come back and talk about it.
- [23:58]
PIOS
Hi guys, PIOS here. This is a presentation of how we at Soil implemented single asset vaults on the lending devnet. Let's dive right, right into it. We have a few single asset vaults prepared for the sole purpose of this presentation. As you can see we've made some deposits. So I actually own some NPT tokens right now. Two to be exact because we have two pools we deposited into and each single asset vault emits their own NPT token. The first record here with balance 43.6 would be this pool. Lets deposit some more to see how the numbers change and confirm we receive additional tokens after making deposit into the single asset vault. Just a heads up, a wallet pop up. Won't appear right now because no wallet currently supports the lending devnet. For development purposes we've hardcoded seats to the wallets and we are assigning the transactions behind the scenes. Let's dive into the explorer.
- [25:06]
Chip
Here are the Already after a bad start with this black background it was. It's just already can't really see it. I can't see it. I honestly don't know what this looks like. This is one of those demos Jeff that's beneath the soil. It's specific.
- [25:22]
Jeff
So what is soil? Can we get to the bottom of it, figure out what it is?
- [25:26]
Chip
Well they're going to be doing lending on xrpl but that's what I understand. So they're going to put usdc, they're going to put RL USD and also they're going to have XRP to work through institutional lending strategies. They're working with a lot of different like third parties and stuff. I watched a little bit of the Founder video. It was too long to play here. EVM and XRPL live part of Ink Works cohort and it has a bunch of other stuff. But the CEO looked pretty sharp. He was talking about his experience and, and, you know, dealing with finance and stuff. So it was pretty interesting. But the whole. This is actually much better. If you get rid of that little thing at the bottom left. Turn your idle assets into yield. So what I started watching was like, how do they provide yield? Because I didn't quite get into like the actual yield part of it, but 8%. Now here's what's funny, Jeff. You remember the whole hold up we heard about way going back to February, about the Clarity act was all about the stablecoin yield. I'm like, use your stable coins. I mean, they're. So the banks are. What are you going to do? Of course you're going to use it, right?
- [26:29]
Jeff
I mean, yeah, why can't you use it?
- [26:31]
Chip
Why can't you?
- [26:31]
Jeff
With the multiplier here, the banks, where
- [26:34]
Chip
the bank's going to block you off making yield on your, on your money.
- [26:37]
Jeff
I don't know where that's going,
- [26:40]
Keir Starmer
what it's doing.
- [26:41]
Chip
They're probably not based in the US anyway, so.
- [26:44]
Jeff
No, but liquid APY. 8% APY. All right, well, there you go. I can't click anything, but you got to connect your wallet first. There you have it.
- [26:57]
Keir Starmer
Yeah.
- [26:58]
Chip
Real credit. Yeah. And even, even if I can find
- [27:02]
Jeff
something else on the site.
- [27:04]
Chip
Well, even. Even here.
- [27:07]
Jeff
Here you go. Real yield meets real assets. Soil is the first compliance, first yield protocol, delivering fixed yield on both xr, rl, USD and XRP through vaults backed by U S Treasuries, private credit and institutional loans. No algorithm, no bridge, just real world yield for real users derived from loans to hedge fund market funds and USD bills. So that's how they do it, Chip.
- [27:32]
Chip
Exactly how they do it. So they sound like they got a pretty good intro into a lot of these larger plays, which is actually good to hear. It sounds like it's a little bit more scaled up. So it'll be interesting to watch soil and how they, you know, so you
- [27:47]
Jeff
got to get seeds. So you buy seeds, apparently, right? Seed earned or you earn seed, which is. So your yield is paid out in seed. I think that's what it looks like.
- [27:58]
Chip
You stake your seeds, though, grow your bags with seeds. There you go, soil. Put them in the soil and see them again. And they sprout or they don't sprout. And you're like, ah, I just wasted Good money on seeds. It's just never
- [28:12]
Jeff
didn't learn from Jack and the Beanstalk.
- [28:14]
Chip
Yeah, never learned. Cracking. Look at this. Our USD rewards are now live on Kraken. Backed one to one by US reserves earn 1.75 APY and auto earn boosted to 3.75% with Kraken.
- [28:30]
Jeff
Wait, so everybody's paying? Wait, is everyone paying? Yield now on Stable Coin. What's happening until.
- [28:36]
Chip
Until it. Until that Clarity act goes.
- [28:38]
Mike Higgins
I don't.
- [28:38]
Chip
We. I still don't know what's actually in that act. Have you heard of Brink?
- [28:45]
Jeff
Not much.
- [28:46]
Chip
Brink is a venture capital accelerator firm that empowers game changers to solve some of the world's biggest challenges. Now check this out. Ripple is actually working with these guys. A strong ecosystem can accelerate growth faster than founders expect. That's one of the biggest reasons startups are applying to the Brink and Ripple Hong Kong Financial Innovation Program. Beyond funding, selected founders gain access to Ripple's global ecosystem, including operators, ecosystem partners, investors and industry relationships connected with payments and financial infrastructure. And again, we're seeing the same four things pop up. Jeff, what is it? Around payments and effects, credit and finance, trade finance and AI agentic payments built for founders focused on practical adoption and long term infrastructure opportunities. Applications open. It looks like they got some money behind this thing though. I was looking into this and
- [29:42]
Keir Starmer
looks
- [29:42]
Chip
like they've got a bunch of. Yeah, look at this one here. The 214 billion SBI group launched JPYSC. That's Japan's first trust back bank back yen, Stable Coin. You got this. They commented building a startup takes more than capital if you're building on xrpl. This is the program. I think they got a couple million dollars available with this thing if I saw correctly. I saw it somewhere. Must have been a link somewhere. I don't know exactly where it is, but it was somewhere. Don't know where was it. It's weird how you read all this stuff and you're like oh, I was reading about this thing and looking through
- [30:22]
Jeff
the Senate legislative calendar number 423, which is where the Clarity act ended up as of June 1st. So it's sitting on the calendar. Now if I could figure out where that calendar is, that'd be interesting.
- [30:39]
Chip
Yeah, well you know what's going to happen is like that's the US So everyone's just gonna put their foreign exchanges and banks are gonna always. They're never gonna win. They're just not. I'm crypto rich. Xrp.
- [30:51]
Jeff
Woohoo scan.
- [30:53]
Chip
Yeah, I remember being I remember being inter. Remember Internet rich. It was on paper. Didn't really work out so well when it. When it. When it all came tumbling down. It all kind of came tumbling down pretty fast. When all's the time, Jeff, we're gonna like. We're gonna kind of like go into the geopolitical side of things. We'll see what's cooking over there. And we've got this from real Donald Trump. Mayor Mandami pulled three solid communists. Pulled through three solid communists. These three communists won yesterday. And they're like the lonely you've ever seen. Like, it's hard to you think about parody. These people are some. They're. They're clinically insane nut jobs. It's received loud and universal applause from the fake news media. Congratulations, Mr. Mayor. I went 160 last night helping to elect wonderful American patriots. And the media doesn't say a word. Over the last two years, my endorsement has netted 259 primary wins and almost no losses with zero media attention. Fake news. What. What he's going on about here is they're saying, well, the party is now Mandami's party because Ian. Because he backed these three nut jobs. Right. One of them, Jeff, thinks that online jobs thinks that the 911 was deserved by Americans. Like they deserved it. This is who won. This is one of the people who won. They're so Zanian and crazy. But this is what happened. When mental illness and big pharma take over, this is what happens. You get a mentally ill population. This is kind of how it shows itself, you know.
- [32:20]
Jeff
Yeah.
- [32:21]
Chip
He said many communists running badly in failing blue states. These votes seem to have them doing quite well against each other, though. The bad news is that history has conclusively shown that the downtrodden states that they will soon be running will only get worse.
- [32:37]
Commentator
Yeah.
- [32:38]
Jeff
They don't get better.
- [32:41]
Chip
There's never an expectation of like, I think things are going to look up. No. Because they get dumb and dumber.
- [32:47]
Jeff
That's right. So. So Joe Bud said genus act allows stablecoin yield until it changed. Until it's changed in the Clarity act yield unstable is log the land you get.
- [33:00]
Chip
You're earning your crypto. So what?
- [33:02]
Jeff
Yeah, it's a little more volatile then Vincent was saying. This is a disgrace, this piece of. Mayor, great idea. Bring more useless piece of in you in to run the ship into the ground. That's basically it. Keep. Keep destroying New York City. New York City is going to be accessible. It's already moving in the wrong direction. It has been For a while. But you know what the beauty of it is? The, the icing on the cake is the brain drain. I can't wait to see the brain drain coming out of New York City. The money drain. It's gonna be like, it's gonna be like you're, you know when you pull the, the plug off the tub and it's a slow drain and then all of a sudden you get to that point where it's like. And then you hear that sucking sound in the tub.
- [33:47]
Chip
It's like they're gonna wonder, that's gonna
- [33:49]
Jeff
be the end of New York. They're going to wonder what happened. They're going to watch it as it's happening. That's the beauty of it.
- [33:54]
Chip
They deserve everything they deserve. Listen, you become the third world. One of Trump's greatest all time quotes. And you can see it happen in the uk you can see it happening throughout Europe, you can see it happening parts in the US you become the third world. There is no assimilation. There's simply go back to the Stone Ages and let's go back to, you know, times where, you know, and where you didn't have modern restrooms. You just pissed and shit wherever you wanted to. That's kind of how it turns into.
- [34:22]
Jeff
Wait, that. And that's what happens in a lot of parts of the world.
- [34:25]
Chip
It's kind of crazy, pretty much. And one of the, one of the kind of things that came out of this, which is these stats are actually pretty interesting if you look at these stats here. Let me try to queue these up. Let's see. Yeah, so I don't know who this guy is in Zegabe, whatever says if you want to know why the socialists are winning New York, it's because New York is already a failed socialist welfare state. 42% of New York City residents are on Medicaid. 1 out of 5 run food stamps. 1/3 live in rent stabilized apartments. 1 out of 20 living in public housing. 1 of 4 work for either the government or government funded nonprofit. New York City has government budget larger than Florida. Get New York City.
- [35:15]
Jeff
New York City. Not all state. New York City. Yeah.
- [35:22]
Chip
Has a budget larger than Texas and Florida combined. And it's a. The city has fallen. The state has fallen. The lunatics are in charge. The only question is when do they run out of other people's money?
- [35:36]
Jeff
Soon. It's happening.
- [35:38]
Chip
That was Margaret Thatcher's favorite line. Is that great until you run out of other people's money. A phenomenal quote. And you know, like Elizabeth Warren's Been on the war path. She has been going a little bit crazy lately. Jeff.
- [35:53]
Jeff
Jim, Jim D said he's waiting for the real estate to be destroyed. Maybe it's part of the plan because he wants to start buying some big properties over there.
- [36:01]
Chip
Well, that's what they're going to do. You run it down, they run it in the crap. You buy all the stuff, you re build it up again. But you can't have there though. The animals are going to just destroy it, burn it down. So you know, Elizabeth Warren's been on a war path about her housing bill. Housing bill. And so Donald Trump said the Elizabeth Pocahontas Warren centric housing bill, which is of minor importance compared to the lower interest rates and even fisa, pales in comparison to passing the Save America Act. That is what Americans, both Democrats, Republicans and everyone else care about. Get the bad Republicans to approve it, or better yet, care about it. Get the bad Republicans. I love that. The bad Republicans, we call them the Rhinos, terminate the filibuster and approve it and everything else Republicans have ever dreamed of. The Democrats will do it. An hour, 1, 100 Republicans will feel every so very stupid if they don't do it first. I'll be watching with tears in my eyes. President D.J.T.
- [37:04]
Jeff
damn the Democrats.
- [37:07]
Chip
Dummy craps the dummy crats. Well, you know, the one thing I appreciate about Trump is he's pretty funny, Jeff. He, he does say something, he does say some funny things. And it's always off the cuff too. Here is Trump. Yeah. Chris Wright was trying to get something out, something of, I don't know, he's talking about 120 years. But Trump kind of silenced them. Here we go. Thank you, Mr. President. So 100, 120, 141 years ago, Albert Einstein.
- [37:35]
Mike Higgins
121 years ago, Albert Einstein published a paper.
- [37:38]
Jeff
Nobody cares.
- [37:42]
Chip
Good point, good point.
- [37:44]
Jeff
And usually they won't catch you.
- [37:47]
Chip
He starts smiling, he goes, he smiles. Look at, somebody cares. Albert Einstein published a paper.
- [37:52]
Jeff
Nobody cares.
- [37:55]
Chip
Good point, good point.
- [37:57]
Jeff
And usually they won't catch you.
- [37:59]
Chip
But published a paper on the photoelectric
- [38:02]
Mike Higgins
effect recognizing the quantum behavior.
- [38:05]
Jeff
It's true. True, it's true.
- [38:10]
Chip
You know, they, they give zero. They, they give zero shits. They don't care. They really don't. Imagine the guy that was the fraud.
- [38:17]
PIOS
Geez.
- [38:19]
Chip
And it's funny because all went down in Minnesota against the, the AG and the governor, of course, a liberal judge is trying to get it, you know, knocked down and thrown away and hidden. Turns out this. Yeah, another nut Job Liberal judge Jeff Shocker, right?
- [38:35]
Jeff
Too many of them, too many activist judges. They. They really need to be removed from office, you know, because they're there to be impartial. They're judges, but yet you can see the slant they come in with. You can see the activism they come in with. They need to be removed. We gotta. That's when we get to the local politic level. That's where it all begins. You got to clean up the cesspool at the local level. Got to do the federal. Federal can happen. But the local politics, whether it's town politics, school board, city council, whatever that level, you just got to start at the grassroots and work through it. You get to your county level, then you get to the state level, you start looking through the judges. You got to get rid of them across the board. You know, it's really, really important, you know that.
- [39:28]
Chip
You know that Jag off Rokana out in California, he's still around. So he came out with a statement, say that Elon Musk is directly responsible for killing millions of children.
- [39:40]
Jeff
Oh, yeah.
- [39:40]
Chip
So then Elon said, great, I'll see you in court. And then wrote Connor said, I was only joking. Let's just sit down. Let's talk about this. I'm not interested in any of this stuff. But here's the clip right here. This is before and after accountability for Elon Musk.
- [39:54]
Jeff
He needs to be subpoenaed. He needs to face investigation. He needs to answer for what he did with Doge. It's just sad to me that Elon Musk, who's held himself as this champion of free speech, is afraid to debate me. If anything, I would have a better claim for. For defamation. But I don't believe in filing lawsuits and lawfare. I believe in free speech.
- [40:17]
Chip
Oh, now, now they believe in free speech? They really don't believe in free speech unless it benefits them. And do they? Not really. They're not really free speech people, Jeff. But it's something like that. Then, well, I guess it's okay.
- [40:31]
Jeff
I like this. I wanna. I wanna thank whomever named the genius act after me, djt.
- [40:37]
Chip
Look, can I just remind you of how close we were, how very close we were to having a mentally ill, unstable human being in the White House. Where Ms. Word Salad herself, Kamala Ding Dong, she was on with another dim bulb.
- [40:54]
PIOS
Right?
- [40:55]
Chip
Giving. He's so bad, he got kicked off cnn. It's really difficult to do. Try to tell me. Can you tell me what she's saying here? Because I have no idea what she's
- [41:03]
Guest Commentator
talking about really, truly believe this. We. We each have. Have light inside of us, and we need to know that that is what inspires our hope as much as anything external to ourselves. And when we feel that and. And. And not allow an election or an individual to dampen that light, and instead light let that light kind of carry us, in particular through moments of darkness that we not only act.
- [41:35]
Chip
Even Don Lemon can't hold back. He's got the. What you talking about, Will. His face.
- [41:39]
Jeff
He goes, what the hell is going on over here?
- [41:43]
Chip
He's, like, trying to keep an. He doesn't know what she's talking about on that hope.
- [41:47]
Guest Commentator
But we inspire that hope in each other. And in particular, at this moment, it is so important that we not only have hope, but that we understand that that should be a verb.
- [42:03]
Chip
You should never be anywhere near the White House. You were vice president. It's supposed to be a. Hope is a verb. But she's trying to, like, re. Bring back the hope and change by Obama.
- [42:16]
Jeff
I think so.
- [42:18]
Chip
Jim D. Says lightheaded is not the same substance. Like Mike. Mike says word salad stoner. Make it stop.
- [42:25]
Jeff
Yeah, make it stop.
- [42:27]
Chip
Make it really, really is a nut job.
- [42:30]
Jeff
Torture.
- [42:31]
Chip
Every single. She's. She's physically. Like there's something mentally off about her. Elon Musk put this out, and I have to say, it's one of the best videos I've seen in a long time. Now it's AOC and his. One of his rockets. And it's not going to be more brilliant of any piece of video. Watch this, guys. We are about to enter a political
- [42:54]
Guest Commentator
period that will have.
- [43:15]
Chip
He's talking all you. Oh, you can eat. This is great. We are about to enter a political
- [43:24]
Guest Commentator
period that will happen.
- [43:30]
Chip
Had to turn it off.
- [43:32]
Mike Higgins
My God.
- [43:32]
Chip
Is that a good video, Jeff? It's one of the best, best videos I've seen in a damn long time, man. And you know what's really funny when you think about the left and the right, you know, the rich and the poor. David. David Friedberg made a really good point here, Jeff. Very succinct. Great point. Why don't you listen to this? I want to hear your feedback on this.
- [43:52]
David Friedberg
One lie is that there are two sides to the society, that is the rich and the poor. And the great truth is that there are two sides that are the makers and the takers. The lie is that the rich are unfairly rich and the poor are unfairly poor, and therefore the poor must take from the rich. But the truth is that it's the takers that tell you that lie. That the real truth is that artists, plumbers, electricians, woodworkers, computer scientists, people that build, people that make shit from all walks of life, all income levels, all wealth brackets, are the makers. And the takers are what Sacks calls this intelligentsia. The analysts, the espousers, the armchair mechanics, the critics, the commentators, the politicians. They are the takers. They are the people that watch the rest of society make stuff, build stuff. Specifically doing things that create value for other people in society. That's what a maker is. Tell my kids this lesson all the time. I say, what did you guys make today? They tell me something they made, and I'm like, did someone else value it or did you make it just for yourself? At the end of the day, if you made something and someone else valued it, you were a maker. That was an amazing achievement. That is a great day. Whether you make a piece of art, whether you build a house, whether you write a piece of software, whether you build a business, whatever you make, if you're a maker and someone else values it, they become your customer in some way, they become your partner in some way, you've done something valuable. Those are the true engines of progress for humanity. And the takers are the ones that tell the lie that it's a rich versus poor. Because what they want to do is rip apart the makers, and they want to tell everyone, you've got to be on one side or the other. And they use that lie to get everyone to line up against each other and to give themselves ultimately the control to form the great American politburo, which is what they're trying to create. That is what's underway right now. And that is the fundamental great truth and great lie that. That we're kind of fighting against at this moment.
- [45:56]
Chip
That's.
- [45:57]
Jeff
Jeff, it's interesting. Interesting concept, you know, because when you break it, when you really break it down, man, that's. It's really deep, you know, but it's. But it's really. It's important, then it's an important lesson, you know, that he's given his kids, too. You know, what are you doing to enrich society? Not just. And I like that, because these, the analysts, professors, the ones that just want to sit back and pontificate, oh, wait, we're doing a podcast. But.
- [46:30]
Chip
But takers, Jeff?
- [46:33]
Jeff
No, I don't think so. So we're making content. We're creating something of value. We're bringing information, we're dissecting information down to give opinion and allowing others to have a platform to come and hang out and talk. So that, that's a. Make an environment. But then it, but it's, it's really important. You know, this is the, the benefit overall, you know, the growth within. And, and I like also because it just, it crosses all wealth classes. As soon as that they, the quote, unquote, intelligentsia or whatever you want to call them, you know, they put in wealth, wealth warfare. And, and you still want to pit people against each other because of that, that, that you start fragmenting society because then you start getting jealousies and you can start cutting society based off of that, you know, versus and as they sit back and, and they're manipulating society and we see it across the board, the manipulation of the, of the people and, you know, spreading. There you go. Yes. ALISH R. But we, we see this so much, Chip. It's amazing to me, through the media, the way the media does everything they can to hyperfocus on a microcosm ill within society and they magnify it to a point where you believe that this is what's happening everywhere, where it becomes systemic, or they whitewash and cover up the corruptive nature that's actually existing. And then they want to punish those that try to reveal it. That's also very telling, you know, where they're doing everything they can to make sure you don't reveal it or they're taking away your freedoms of speech and they twist the narratives and it's, it's always a manipulation. You know, this is, I mean, that's amazing. You could have a whole, you know,
- [48:37]
Chip
look what he's done. He's, he's. He's just launched a rocket. He brings it back, catches it, reuses it. He's putting neural implants in people, people that have als that are still able to communicate even though they can't talk anymore because using their brains. He's doing all this neural stuff. He's doing the boring company. He's putting tunnels under and making travel more efficient. He's doing all this amazing stuff. He's got the Tesla electric cars. The guy just keeps winning. And they're just losers. If you had a society truly run by, by, you know, I don't care. Everything from the Labor Party to, you know, let's say the Democrats all over the world, you would just have one truly effed up society. You can see what's happened in the UK right now, and it's largely influenced by pretty much labor. This makes me happy, Jeff. This is FBI Director Cash Patel says Ibrahim Khaldun Helme is charged with one of the biggest Medicare scams in history. Allegedly orchestrating a massive 3.7 billion dollar scheme to defraud Medicare. He's been on the run since May of 2025, but we got him. Thanks to the outstanding work from the FBI, Miami, the Justice department and our partners in Turkey Hill ME was apprehended overseas after a foreign transfer of custody. He's back in the US to face justice. Just another massive win for the FBI's war on fraudsters with the White House task force led by VP Vance. And a monumental victory for the Trump administration showing any criminal actor who steals from the American taxpayer will be caught no matter where they try to hide. Especially thanks to ambassador Tom Barrack who continues to be an invaluable partner to us. But there's the dope right there. He thought he was home free. Thought he was in Turkey. No, no extradition. Now boom. They're perp walking him right there. Comes off the screen a big old monster. Enjoy. Don't drop the soap in prison. That's all I'm gonna say. Boys. The even, even the boys who do bad things aren't going to take kindly to you, my man. It ain't gonna go down well. And of course BB Vance chimed in with that as well. He said the 3.7 billion dollar fraud scream, one of the biggest. He said the fraudster pled to Turkey, thought he was home free. Jeff. But they brought him. How phenomenal is that? I love to see this kind of stuff, you know, there's so much fraud going on this one.
- [50:49]
Commentator
Holy.
- [50:50]
Jeff
They're going after it so aggressively.
- [50:52]
Chip
Look at this draw. Dropping health care fraud bust totaling 6.5 billion in Medicare, Medicaid and other programs. We charged how many, Jeff? We heard there's no fraud. 455 defendants across 56 U. S Attorney's offices.
- [51:07]
Jeff
Amazing.
- [51:07]
Chip
45 U. S states and territories.
- [51:09]
Jeff
So there you go.
- [51:10]
Chip
You're saying there's only five states that have people that haven't been charged yet, Is that what we're saying?
- [51:15]
Jeff
Right.
- [51:15]
Chip
As alleged in various indictments, these individuals participated in health care fraud schemes involving over 6.5 billion in fraud claims. On one indictment, we're bringing charges against a corporate executive in Arizona in connection with over 1 billion executive. Does he work for an insurance company? I'm just curious. They didn't say which corporate executive he was. But how amazing is. How amazing is that? And Jeff, you know what? It's not good to be antifa. These Days. Because when you f around, you find out, well, these ones effed around. Antifa members behind the anti ice terror plot in Texas received 450 years in prison. Take a look at those cases because they'll never be seen by humanity again. They're going away. They go into the big house forever. Jeff.
- [52:01]
Jeff
45 years apiece, man.
- [52:04]
Chip
One guy got a hundred years himself.
- [52:07]
Jeff
Oh, really? One guy got 100 years years ago
- [52:10]
Chip
and away, of course, wasn't on our watch. But cure Starmer, one of the most in up prime ministers of all time. I love GB News because I think GB News totally nailed it in this report. But if you guys don't know this, I'm sure just everyone does know it. But it's not going to change anything. You got this new guy on the sidelines. He's Starmer 2.0. It's the same stuff now. It's not like in the US where, you know, parliamentary system is just broken. Have your revolution reset it. Write your own constitution that gives you a free speech and a right to defend yourselves. Because if you had a right to defend yourselves, you wouldn't be going through this crap right now.
- [52:46]
Commentator
Prime minister in British history has resigned. Keir Starmer goes in disgrace. But Britain is in big, big trouble. Here is Starmer announcing his resignation.
- [52:57]
Keir Starmer
Every decision I've taken has been about putting the country I love.
- [53:02]
Chip
Jeff, why are these guys so weak? Why did they. Why does he look like a woman?
- [53:07]
Jeff
Sounds weak.
- [53:08]
Chip
Do they have any testosterone in their bodies? I mean, is there any people over. I know who's. Who's the. Who doesn't mess around. He was. He's in our chat. I don't know if he's still here, but this is messed up. Why are they such sissies? Why are they like. Like they're soy boys? I mean, just look at this guy. He's got a cardigan on. Like, dude, you're not Mr. Rogers. You know what I mean? Look at this guy. What is he? Is that a suit? Is it a cardi. I don't know what he's wearing right there.
- [53:31]
Jeff
I think it's a suit.
- [53:34]
Chip
I mean, he looks like a Muppet. My God, really, Jeff, he's like a Rachel Maddow. Doesn't look this bad. I mean, up at first.
- [53:43]
Keir Starmer
That is why I will resign as leader of the Labor Party.
- [53:49]
Commentator
And this went down very well with the British public when they played it out in pubs across the country.
- [53:55]
Keir Starmer
Has been about putting the country I love first. That is why I will resign as leader of the Labour Party.
- [54:05]
Commentator
Yes. He went on to try to list his achievements.
- [54:09]
Keir Starmer
Look at what we've achieved in just two years. An economy that is stronger, growing faster than our peers, wages rising faster than inflation in every single month since we came to power. Investment secured, infrastructure being built, an end to austerity.
- [54:32]
Jeff
Austerity?
- [54:33]
Chip
What the hell is he talking about?
- [54:35]
Commentator
That bloke has got more front than Katie Price. The economy is in the toilet. We've got record youth unemployment. Hundreds of thousands of people have lost their jobs because of him and he is an absolute joke on the world stage.
- [54:49]
Unknown Caller
Where's the United Kingdom? Where's Russia? Where?
- [54:53]
Guest Commentator
Come here.
- [54:55]
Jeff
Oh, my God.
- [54:56]
Chip
This is great. Because he humiliates him. He thinks he's going to talk or say something and he just watched me. Turns his back. That's the greatest ever.
- [55:02]
Keir Starmer
Very good.
- [55:02]
Unknown Caller
That's very nice that you're here. These people all came in like 20,
- [55:07]
Chip
20 minute notice,
- [55:12]
Commentator
but this is the bit that got me.
- [55:14]
Keir Starmer
And when I leave the biggest job in the country, I shall spend more time on the most important job, being the best husband I can to my fantastic wife, Vic, who has been a rock by my side through good times and bad.
- [55:33]
Commentator
Oh, he nearly cried there. He didn't cry after Southport. He didn't cry over Henry Novak. He didn't cry about Rhiannon White. He didn't cry over the Pakistani rape gangs. He didn't cry for farmers or for pensioners or for pub landlords or for children who've had their education ripped away from them thanks to his spiteful VAT hike on private schools. He didn't cry over the horrific attacks on the Jewish community. No, he just cries for himself. Goodbye, Good riddance. And good riddance. This horrible little man as well. Starmer's great mate and the Attorney General, Lord Hermer. Always on the wrong side of history. I believe this man detests all the best things you think our country stands for. Now we can get back to doing what he does best, representing jihadis, people linked to the IRA and helping to bring prosecutions against innocent, brave British veterans. Get lost. Look at the way the establishment media fawned over him. Kay Burley. I expected more from him. Why? Why did you? You didn't bother to hold him to account at all when he got elected. You probably voted for him like. Like Paul Down, Boris Johnson over Party Gate, but didn't seem to care about the unrelenting shower of scandal oozing out of Downing street for the last two years. It takes huge restraint to give a speech as Dignified as that. Oh, jog on.
- [57:00]
Chip
Well, let's go. Go ahead and put that up there. Let's see who was, let's see what made this guy really resign. Who put that one, put that one up there? He just had up there. You think it's one guy? This is the guy that oversaw the 250000 young British women that got raped and then buried the report. The report that came out. He didn't, he didn't. He didn't notice. He did resign when his party got hammered in the, in the election. No, that wasn't enough. But when the rape report, I don't know. You guys go read it, go look at it. You can't get through it. It's the most vile, disgusting stuff that these men did to these little girls. 12 and 13 years old and 250000 of them, 97 of them were Muslims. Okay, so who was behind it? Who was the, who was in charge of that at the time? Oh, Kerry Starmer. That's why. This is why he's resigning. They don't talk about that. It was this report came up and all of a sudden he's resigning because he needs to hang for what he did. Those poor girls that will be crushed for the entire life. And if you got daughters, this should bother you tremendously. And if you want go read it because it'll turn your stomach. It's that disgusting.
- [58:07]
Commentator
Seriously, just jog on. Starmer's speech was interrupted by the utter nuisance Steve Bray with his giant speakers
- [58:15]
Keir Starmer
ripping out the poison of anti Semitism, restoring trust on the economy, defence and national security.
- [58:25]
Commentator
But what was playing was actually owed to Joy for a while. And Keir Starmer said that was his favourite song. So I don't really see what the problem is there to be honest. After Starmer resigned, this happened.
- [58:36]
Keir Starmer
Andy Burnham is just arriving into Euston now. He's got a lot of people to meet and a lot of people to talk to.
- [58:46]
Commentator
Andy Burnham got trained from Manchester to London, riding in like Lenin. Travelling from exile in Switzerland to Mother Russia to lead the revolution. Then this happened. We're streasing. Yes, we're streaming. Decided to back Andy Burnham to be labor leader. So it looks like there'll be no contest. More on that in a minute. Andy Burnham arrived in London which must have been awful for him because he's northern.
- [59:12]
Chip
Wasn't that funny that it's page right out of the Democrat book. Right. So you get the back. There'd be no contest. Sounds familiar. Like Kamala Harris was just anointed that she's going to be running no primary. I know it's a different system, but they're not even going to compete for the job. Not that anybody in labor is going to make much of a difference, but the whole idea that it's no contest is shocking. You want to see a bigger this other guy? It's hard to tell who's like, a bigger soy boy than this guy. And this guy couldn't even win. He barely won his district. You know, he's such a loser. You look at his stats. How is this guy going to be Prime Minister?
- [59:46]
Commentator
He just likes the North. He just likes chips and gravy. Polo tops with jeans and trainers. Then Andy Burnham found a suit, which, again, just must have been awful for him. Perhaps he just dusted off an old Armani number from his wardrobe and he was sworn in.
- [60:09]
Jeff
Rome is saved.
- [60:14]
Chip
Look at Starmer 2.0.
- [60:15]
Commentator
Yes, Rome is saved. Someone shouted, look at this, all the Labour MPs then.
- [60:22]
Chip
Last time I remember, I think Rome was destroyed, Jeff.
- [60:24]
Commentator
I mean, grinning like Cheshire cats behind Burnham. Oh, please, sir, please can I have a Cabinet position? Oh, I love you, Andy. Oi, the King in the North.
- [60:33]
Singer
Yay.
- [60:33]
Commentator
Andy Burnham has won 0.03% of the national vote. 24,947 people have just elected our new Prime Minister. Probably. We've had seven prime ministers in 10 years. These are numbers that tinpot third world African countries would look at and go, oof. Bit dodgy, that, innit? This is Downing Street. A revolving door of mediocrity, misery and incompetence. And we, we, the British public, are the victims. This isn't democracy. What we're going to see in Britain in the coming days and weeks is not democracy. At least Liz Truss was actually in Cabinet when she became pm. Labour manufactured a by election and parachuted in a bloke who has tried and failed to become Labour leader twice already, who has a bad record in government. And they're going to let him stand unopposed, by the looks of things.
- [61:27]
Chip
So nobody gets I become a Labor leader twice. Didn't make it. Sounds like the perfect guy you want
- [61:32]
Commentator
to make Prime Minister to scrutinize what he actually stands for or what his policies are.
- [61:36]
Chip
That's why, speaking of fall guys, you
- [61:40]
Jeff
can push them around. Makes it so much easier, you know.
- [61:43]
Chip
Well, the problem with the UK is you got two parties. You got the left party where each other Tories. You got the ultra left or the Labor. You got two losing solutions. You never Have a solution? Watch these clips. So tell me if you think about these clips here, Jeff, about Starmer.
- [61:56]
Unknown Caller
Damp undergrowth of Westminster, we find one of nature's weakest creatures. The Starmer is Feeblius or otherwise known as Wanker. Observe its limp form and bendy spine twisting with every shift in the wind. It issues bold promises, yet truth slips from its grasp like a startled vole. Authority it possesses none, much like socialism itself. Its grand policies start with fanfare but soon collapse into a soggy mess of of oh turns and excuses. Ultimately, nature is unsentimental. The feeble Starmer is devoured by stronger, more decisive species as the cycle of life demands.
- [62:55]
Jeff
It's too funny. I mean it's so sad.
- [62:57]
Keir Starmer
Every decision I've taken just being about putting the country I love. That is why resigned as leader of the labor party.
- [63:11]
Chip
He looks like an email. Look at him, he's all in the garb.
- [63:13]
Keir Starmer
Every decision I've taken just being about putting the country I love
- [63:20]
Chip
that is I love it. And then this one here, Churchill. How about this one? Churchill comes by the dog takes a look. Churchill taking out the trash. And how about this one, Jeff? They took a what was going around the Internet for a while there but a little parody and made a fun little video out of it. Leave in a second. That's not the one I'm missing here. What am I missing here?
- [63:54]
Jeff
Where's my the funny stuff go? Where is it like funny videos now?
- [64:03]
Chip
Oh, here it is. Here it is. Here we go.
- [64:08]
Host/Announcer
Nothing beats this wanker leaving office and right now everyone is happy. This tyrannical two tier bastard is now known as two year kia. The entire entire world is celebrating. But don't forget his replacement is just as big a wanker. Grab the popcorn. Hide your children because changing Starmer for Andy is like changing your shirt after you yourself Ministry of wit out
- [64:38]
Chip
changing your shirt yourself. That's pretty much it. That might be the best thing I've heard in a long time, Jeff. But this guy right here, this guy who's clergy listen to his dire warning and I I hundred We've been saying this on here. I've been saying it all along. This is your only chance.
- [64:55]
Bishop Dewar
Leave. We are on the the verge of another Cromwellian level event in the United Kingdom.
- [65:03]
Chip
Explain what that means to Americans.
- [65:05]
Bishop Dewar
So we had a huge civil war started by the fact that Oliver Cromwell and king.
- [65:14]
Chip
This guy's name is Bishop Dewar. He's the angelical bishop, the angelical church. And this guy's saying what somebody says
- [65:22]
Bishop Dewar
here Charles the First came to blows over the rule of Parliament and Charles I still pushed for that supreme power of the monarch. Oliver Cromwell and his associates pushed for the sovereignty of Parliament and ultimately they convicted the King of treason and beheaded him. That moment for us as a constitutional monarchy was a very, very dark moment in our history because the country went through years of civil war between the king's forces and the people's army under General Cromwell. And ultimately Cromwell himself became a dictator when he took over Parliament. So we're on that precipice. You can feel it's palpable in this country that civil war is not just foreseeable. You know, we've got high ranking retired military officers now talking about civil war is now inevitable in the United Kingdom. And if it happens, it's going to be fought largely on a sectarian principle because I think the greatest pushback is going to be, you know, British citizens of every faith fighting against this Islamic agenda and a well armed, well equipped Islamic force that seems to be being prepared. I've just, just whilst I was waiting to come on, come on the show now, I've just found out a what used to be a holiday camp is now being prepared to have another 3,000 illegal immigrants put into it. And it's being kitted out to look like an army barracks. Three weeks ago I was on the streets of Liverpool with an organization called the Liverpool Guardians. And I saw for myself, even now with the grooming gang scandals going on, there are still gangs of Islamic males patrolling the streets of Liverpool looking for victims to sexually abuse and do rape and using taxis and shops that sell these, you know, these vape cigarette things and all of this to actually perpetrate this agenda because they believe it is their religious right.
- [67:32]
Jeff
Well, it's the religious right to decimate and conquer, right? This is the whole point. But because of all the soy boys over in the uk, they can do nothing.
- [67:44]
Chip
Look at this. Well, nothing about it.
- [67:47]
Jeff
They have no guns either. That's.
- [68:03]
Chip
They look assimil. They look like good old British chaps there. Sure. Just going up.
- [68:17]
Jeff
Gotta take this ship back to wherever it belongs. Doesn't belong in
- [68:23]
Chip
civilization, period. Go back to killing yourselves. Destroying yourself in your own countries. Behead each other.
- [68:32]
Jeff
Why other countries are so shitty, you know, right.
- [68:36]
Chip
They want to go somewhere. I always want to go to nations and conquer. This is Jeff. This is what's going to happen after the Brits go home after witnessing the World cup in America. Look at this.
- [68:48]
Host/Announcer
But I thought you loved beans and toast.
- [68:51]
Jeff
No, not anymore.
- [68:52]
Host/Announcer
I just don't understand why we can't
- [68:54]
Chip
have free refills in the uk.
- [68:56]
Host/Announcer
It's not like the technology doesn't exist.
- [68:58]
Chip
Ranch dressing technology.
- [69:00]
Commentator
Do you have it?
- [69:02]
Chip
Ranch dress, Hans, Why is everything here in children portion? It's always been this way.
- [69:08]
Host/Announcer
Mayonnaise, sour cream, buttermilk. Now for the herbs.
- [69:15]
Jeff
I love it. They for some reason that everyone, they're in love with ranch dressing.
- [69:21]
Chip
They love.
- [69:22]
Host/Announcer
I just don't understand why we can't
- [69:24]
Chip
have free refills in the uk.
- [69:25]
Host/Announcer
It's not like the technology doesn't exist. Technology.
- [69:30]
Jeff
The technology for free.
- [69:32]
Guest Commentator
Real.
- [69:33]
Chip
He had like two or three. Because he could have them. And then finally we'll send it off.
- [69:37]
Jeff
It doesn't cost you anything. It costs. What does it cost, like 10 cents to fill up a large soda.
- [69:44]
Bishop Dewar
Yeah.
- [69:44]
Jeff
They sell them for a buck or a buck and a half.
- [69:48]
Chip
Then here's. Here's a little diddy with Trump and the gang here sounding a little Beatlesque here. Look at this.
- [69:57]
Singer
Care Starmer in his Downing street chair smiling wide while the country's in despair turning blind when the girls are in pain? Courting votes in a dangerous game. Cast Armor is a wanker. Cast Armor is a wanker Licking up to keep his power alive Lock you up if your tweet's not polite Chaos Dahmer is a wanker? Cast Armor is a wanker Selling out the country day by day just to make sure he can stay Grooming gangs thriving while the girls disappear? Old folks freeze over while the hotels stay near? One wrong word and you're behind the door Freedom's fading he still wants more. Cast Armor is a wanker? Cast Armor is a wanker? Lick it up to keep his power alive Lock you up if your tweet's not polite. Chaos dmer is a wanker. Cast Armor is a wanker Selling out the country day by day just to make sure he can stay. Oh, k, they stabbed him that handcuffed him tight I left him to bleed with no help in the night you still won't touch daggers their customs allow just bowing and scraping to keep your seat Now K Starmer is a wanker. Yeah. Is a wanker, Is a wanker he is a pathetic wanker Licking up to keep his power.
- [71:56]
Chip
Marco's pretty good on the drums.
- [72:25]
Jeff
Here. You are fired. Pack your shit and leave.
- [72:28]
Chip
Nobody wants such a pathetic wanker as their prime minister.
- [72:32]
Jeff
You are a disgrace to your country and a traitor.
- [72:40]
Host/Announcer
Good.
- [72:40]
Chip
Good parody. That was a good one.
- [72:43]
Jeff
That was.
- [72:43]
Chip
That was a good one. Well, Say goodbye to one and say hello to the other one and business as usual and more.
- [72:50]
PIOS
Right.
- [72:50]
Chip
Depression and stuff. Look, either take back your country. You don't or you don't. You have a revolution and have a chance to write your own constitution that is written by the people and not by the government. Tell the government what it can and cannot do. 250 years it's been. It's coming up on his 250th anniversary. Buys better wake up. Parliamentary system doesn't work. Time to change it.
- [73:11]
Jeff
You guys should liberate the uk.
- [73:13]
Chip
Should liberate the uk. No, it's a good start.
- [73:16]
Jeff
Let them.
- [73:17]
Chip
Let them. Let them deal with it themselves, man. Well, that's all the time we got, Jeff. Anything before
- [73:25]
Jeff
that note the UK people over there have the. They got the talent, they can make it happen. Or you just keep importing the revolution.
- [73:38]
Chip
Revolution, baby. Let's go. And that's it. We guys see you back here on Saturday. I hope you guys all caught the phenomenal interview that we had. Our most successful interview to date with Hugo from Flair. That was fantastic. He was a really good, good sport. It was a great, great interview.
- [73:58]
Jeff
That was so great talking to him. A lot of times when you do interviews on tech, you don't get a lot of post view. We algorithm. Crush the algorithm, set it up. Lots of people interested in flare, did really well. You know, a lot to learn, a lot more to do in the future. But Chip will be back Saturday morning, 8:00am Eastern Standard Time. If you like the show, make sure you guys are subscribed to the channel. If you aren't, make sure you like it, like the video, subscribe to the channel. All those cool things that are going to help boost the algorithm. And remember, spank the wanker.
- [74:34]
Chip
There you go. Thank you. One person still watching. We love you. We love you all. And that's it, guys. You on Saturday, Chip and Jeff.
- [74:43]
Mike Higgins
Oh,
- [74:46]
Host/Announcer
are you down with otc? Please, like subscribe and click the bell to be notified when the next video drops it.