← On The Chain - Blockchain and Cryptocurrency News + Opinion
On The Chain - Blockchain and Cryptocurrency News + Opinion
Eric Trump Drops Ripple Bombshell | Trump Coin Chaos | West Bows to Terrorism
01:16:18
Loading summary
Transcript283 lines
- [00:02]
Jeff
Welcome to on the Chain. This is Jeff here with co host Chip. What is going on? Chip, what's going on? Everybody out there in the on the Chain community? That's right. Tonight we've got Eric Trump dropping a ripple bombshell. We got to go and dissect and find out what that was all about. Trump coin. Trump Coin. Trump coin. Sending liberals into full meltdown. And the west, what are they continuing to bow to? Terrorism and the chaos that's been unfolding. Because we're going to unpack all the chaos. We're going to call out the hypocrisy. Might even laugh a little bit along the way, because at this point, the Babylon B looks more accurate than most of the mainstream media. Are you ready to kick this thing off?
- [00:44]
Chip
I'm ready. Let's go. Welcome to on the Chain. Welcome, everybody, to on the Chain. Guys, where are you coming in from? Where are you coming in from? I gotta know. I have to know. I see everyone's coming. Piling in right here and there. Oh, it's Jif. You're Jif now. Jiff and Chips. Jiff and Chip. Jiff and Chip. There you go. Karma Carmichael's in early today. What's going on? What's going on? Car. Michael. Jeez, this is a rare event. Digital Dynamics reposted. Thank you for that. I always appreciate that. Guys. Palm Bay, Florida. Florida. Matthew Ciro from Floor Rider. That's Florida. Pittsburgh, Pennsylvania. There you go. I'm not gay, but I just say Jeff and Jeff are two looking guys. Well, hell, yeah.
- [01:37]
Jeff
That's right. Thank you very much.
- [01:39]
Chip
Not that there's anything wrong with that, but just saying thank you very much. You know, I mean, what are you gonna do? It's all right. Hey, guys, what's up? Hey, hey, hey, hey. So much news. There's so much news. There's so much news.
- [01:51]
Jeff
Such a little time.
- [01:52]
Chip
Guys, do not, you guys know I'm a Bills fan. I know. I've chose to do the podcast instead of watching the Bills games. Do not tell me the score because I am recording it and I will go watch it from the beginning. Just saying, don't give scores. Don't no spoilers. Don't want to see it. I do not want to see what's going on with that.
- [02:10]
Jeff
That's right.
- [02:11]
Chip
So that is right. Risky. It's a little risky. Possibly. Maybe. Could be. Possibly. It could be. There's always a possibility that it could up.
- [02:22]
Jeff
XRV flummies over in Orlando should be checking out the guys in Orlando celebration in Orlando?
- [02:29]
Chip
Yeah. You should be hanging out with Chad over there. He's not in here yet. I don't think he's in here yet.
- [02:34]
Jeff
But I think he's here yet. There you go. Sentaya. All the way in Palm Bay. That's how we do it.
- [02:43]
Chip
Wait, where's Palm Bay? By. Is that. Is that up north in Florida? I'm trying to think where that is.
- [02:46]
Jeff
I don't always forget if it's near Tampa or if it's on the East Coast.
- [02:49]
Chip
It sounds like it's near Tampa. I don't know Palm Bay, but the Palm coast is the other side of the. Who the hell knows? Nobody knows. We're not expected to know every city in Florida.
- [03:02]
Jeff
Melbourne. Where's Melbourne?
- [03:04]
Chip
Where's Melbourne? I know where Melbourne is. Okay, so it's. It's the Palm coast then, Right? So that area of the Palm coast where Melbourne is. Okay, that is east coast, then. There you go. See? Got Montreal in the house. What's up, Montreal?
- [03:17]
Jeff
What's up?
- [03:17]
Chip
I was in Montreal last time I was there, was. Was January, and it was like four degrees outside. That was not with the wind chill.
- [03:24]
Jeff
Yes. No Disney. Stay away from snow. Doesn't matter. Summer, spring, fall.
- [03:30]
Chip
Stay away from you. Something about Montreal. Montreal ones. I don't know how you say it, but the people live in Montreal, dude. They're. They're. They're a different breed. Okay? I'm like, in a park. A coat with a hat, gloves on. They're walking around, like, with a light jacket on.
- [03:42]
Jeff
Oh, yeah.
- [03:43]
Chip
Like, it's like. It's like, you know, like, falls here. It's like five degrees outside. I mean, I don't know what it is in Celsius. I guess it's. What. I guess it's minus. It's a minus. Something. Minus 11, 12. I don't know. Zero.
- [03:56]
Jeff
Oh, come on. Come on, Joe bud. You're giving it all away. Come on.
- [04:01]
Chip
Of course it is. Come on. Do we. We gotta have some. We gotta have some. Gotta have some mystique. That's all he says. But we're trying to be like the other cool kids out there that. That connect imaginary dots.
- [04:12]
Jeff
That's right.
- [04:13]
Chip
Yeah. We're trying to do that. I saw the headline the Jeff put up on there. I was like, oh, no, man, we're gonna get hammered. We're gonna get hammered for this.
- [04:21]
Jeff
No. Yeah.
- [04:21]
Chip
I was like, oh, no. You know, we. We know we put these bold headlines up. Most of the time we don't even talk about them. That's the best Part, but most of the time we don't.
- [04:30]
Jeff
Yeah, we have some real stuff to dig into.
- [04:32]
Chip
We don't believe them ourselves. So there you go. Mel Burn Melbourne so Monica Long put this up on Friday. She said that the stablecoin payments are all over. Bank slash payment companies, earnings calls and crypto Twitter. What gives? Well, first of all, I'll tell you what gives. It's crypto X. It hasn't been crypto Twitter for over a year and a half. That's okay. Some people take longer to come around crypto Twitter. They still call it ct. It's crypto Twitter. I guess CX doesn't have the same feel to it or. No, it would be X, X, C, crypto Twitter, cx, crypto Ecstasy, whatever it is. The bottom line is everyone still calls it Twitter even though it's been called X for last year and a half. Yes, and thank God for X and thank God for Elon Musk because you can say anything you damn well please and with no, with no worry about being banned or retribution. You know, the normal things that apply. You can't threaten people and do that. But she's like, what gives? I'll tell you what gives. What do you mean what gives? It's a new fight. It's the new financial system. Yeah, but I know what she's saying. She's having a little bit of fun with this. She's like, hey, it's all over. But it is interesting what she's pointing out because this is a phenomenon. If you go back a year and a half or so on these earnings calls. A lot of times I'll pull earnings calls, especially companies that I'm prospecting into. I'll listen to them or I'll take the transcript and I'll search it via AI. And it is interesting that these are now that in the Anybody having to do with whether you're a banking or a financial institution, you're talking about, you know, stable coins. It's part of your. It's part of your stable, if you will. So this is something you're talking about payments finally getting the full embrace from both tradfi and Defi as killer use case for blockchain. That is perfectly said right there and stated. Trend 1 Stable coin flurry. Do we need 100 USD stable coins? Many lack a clear use case and appear driven by FOMO. Reminds me of the NFT fever of 2020 21. That's a good point right there. I mean.
- [06:35]
Jeff
Oh, do we need a hundred different not. Yeah, we need a hundred Dollars worth of stablecoin. Do we need a hundred different stable coins? That's a good point. That's a, that's a.
- [06:46]
Chip
Do we need a hundred different, you know, varied, you know, stable coins? Do we need a hundred? And she's right. Because she's right on the use case part. Sounds like she's starting to make a good case for RL USD. Is what I'm reading into this a little foreshadowing here, Jeff?
- [07:00]
Jeff
Well, let me ask you. You have, let's say you have a PayPal stable coin, you have a USDC stablecoin, you've got, you know, tether is still out there someplace, you know, and then you're gonna have the R.L. uSD out there. I know there's a whole bunch of others.
- [07:17]
Chip
There are, but are they going to be used target?
- [07:20]
Jeff
Yeah. Are they going to get used? Are they just a bunch of kind of me too moments or are you going to use the top stable coins, the ones that are backed where you know for certain that there's audit that you know for certain that there's some backing behind making it real stable. You know that there's actually something in their basket, something in their coffers, you know, so if anything ever did happen, it's not going to just all of a sudden tank the, the asset. Kind of where Tether found themselves when they, they called them out and they're like, you know what, we got to audit the stable coin. What are you guys backing this with? And like, you know, stuff.
- [07:56]
Chip
Yeah. Well, now they're. But tether's pretty smart because now they're going with something a little further. The whole idea of tether, they learn quick. They're. They're very quick. And they also have great people working there now. They, they pulled over some really awesome people very quickly. Yeah, but it's smart. You need something a little bit more. If you're going to be putting stuff to the general public, you need something a little friendlier. Institutions are always. Where would use Tether anyway. But it's good to know that. But she's pulling out something really important here. Like they don't have a clear use case. Like just the fact that it's paired one to one with, you know, back, you know, by the equivalent of a $1 USD doesn't make it. It's like that's the problem. There are too many stablecoins that don't have any use cases where. What do they do? Well, that's what they do. It's like, okay, well do we need 100 of those, we need a thousand of those. They're not going to get adopted anyway, but they do seem like they're driven by fomo. She says some have real use cases like interbank payments or customer loyalty. Yes, for some issuers, managing their own reserves or owning the brand may be important, but for others, issuing their own stablecoin isn't worth the burden of managing the asset. Regulatory compliance, the building, liquidity, distribution, it's expensive undertaking and this right here is the reason that there's going to be 4 to 5 rl USD will be in that grouping because of the fact of the regulatory compliance. Check the box for Ripple on that extensive regulatory compliance. Liquidity is the big missing chunk right there which, which Ripple's bringing to the, to the equation and also it is exp massive and a lot of, a lot of stablecoin issuers won't be able to deal with it. Jeff Right.
- [09:37]
Jeff
So what I see is that we're potentially going to enter into a period, especially you know, if we see one bank put out a stable coin, we're going to see a flurry of financial institutions and banks putting out their own. Then you're going to have, there's going to be a little bit of a battle where, you know, the Rousd, PayPal and a couple others are going to vie for the financial institution space, for the banking space. But if one bank dips their toe into the water and I think she hit it kind of in an interesting point, you know, interbank payments, customer loyalty, branding. So let's say a JP Morgan global entity, they come out with a JP Morgan stablecoin, you know, not their coin they had before, but let's say they come out with their stable coin Interbank, you know, streamline, you know, payments between, you know, customers, come up with a, a process to where it costs less. You're branding customer loyalty. You can transfer money to anybody, you know, in, in minutes versus if you have to do a bank wire, even inner bank, bank wires and ach still take the time it takes and it's still costly, you know, even if it's within, within the banking system, you know, and then if you need to do it international. So I see that there's a possibility where we'll have some of the bigger banks around the world now it's not just us centric, so it's going to go global. I do think there'll be more than 405. I do think there'll be hundreds that'll pop up. The question is, do they last, you know, and it, that only happens if one big financial institution decides to dip their, their toe into the water and say, hey, it's time, you know, that this is what's going to happen. Then the question is, do you need it? Do you want it? Does it really streamline? You know, if J.P. morgan wants to keep everything in house, then hey, you know what? You're, we're going to move your dollars into this JP Morgan Stablecoin doesn't exist. I'm just throwing this out there, but let's say we're going to move your dollars into this JP Morgan Stablecoin. We're going to allow you and it'll be a seamless transaction because now you're in the JP Morgan coin. It's, you know, that trend, you know, there shouldn't be any change in valuation, should be seamless. You're moving a hundred dollars, you, whoever on the other end gets a hundred dollars, the cost for trans transference is going to decrease exponentially. You know, the question is, do we need them? Do we need a JP Morgan or do we want a central entity like a ripple? And then how many other ripples out there are going to pop up to start vying for the space and start fighting each other and competing?
- [12:17]
Chip
Yeah, listen to this, Jeff. Chad's saying that he's not. I'm not buying a bank coin without a huge return potential. Wait, but I thought XRP was a banker's coin.
- [12:26]
Jeff
But we're not talking about, I'm not talking about a bank coin, I'm just referring to him. We're not talking about. It would be a stable coin.
- [12:36]
Chip
But the point, the, what he's saying though is the fact that it's like it's, you're going to buy a coin that's, that's basically going to always be a dollar. So he's saying I wouldn't, I wouldn't buy one if I don't have the right use case for it because there's no return on investment. Right? So it's.
- [12:49]
Jeff
So, so here's the question.
- [12:50]
Chip
You're not buying it for that reason.
- [12:52]
Jeff
Right? Exactly. So here's the question. If you put your money in the bank right now, you have a thousand dollars in the bank, is your thousand dollars actually in the bank? Do you have direct access? Because now if it's a hundred thousand, and let's say you wanted to take your hundred thousand tomorrow, can you take your hundred thousand tomorrow? Better question. You have a hundred thousand, ten thousand, A thousand doesn't matter. Sitting in the bank right now, 8:33pm on a Sunday night, you want that money and you want to move it. Can you do it?
- [13:25]
Chip
No.
- [13:26]
Jeff
Now if it's in a stable coin in the bank, can you move it? That's yes, you should be able to.
- [13:34]
Chip
Should be. Well, even if you dump it into like a money market account, you always have to give like some banks will allow you to make 24 hours notice if you want to remove it, right. Or if you have it in like an ETF or whatever is what you, you have to provide notice to be able to pull it out. And if you're taking out a hundred thousand dollars, chances are it doesn't happen in, in 24 hours. It could. In some banks you have to give notice and they've got to arrange it right because the money's not really there. The money is, the money is, you know, it's just a number. It's the whole reason why you don't really need a digital dollar, you've got a stable coin, you don't need a digital dollar. And the cool thing about stable coins to your point Jeff, is that you have way more options with them, right? So some of them, some have different use cases and depending on the use case you're not just, it's not one size fits all. And just like some people would rather use like a tether versus like let's say our USD or LUSD versus a tether or something else or it really sort of depends again on the use case. Ray Run is saying that what Monica's saying is they're not ready for new cross border payments. No rails are built, they're entering beta trials first. Will take a long time for them to catch up to ripple. Yeah, she could be saying someone like that too but most of the time, in most instances that's the other use case is being able to move it fast and very expensively. So you know, but again the XRPL makes all that a little bit more. She's saying that Swift doesn't have the rail system ready, but they do. They're building something right now. But the whole thing with Swift is it's built by the banks, run by the banks. You know, where are you gonna, where are you really going to get any sort of innovation there really? I mean yeah, they do it for their own, out of their own convenience so that they can manage it. But again it's not going to be like a third party like even like a rip or any, almost anybody in the game. They're not, you know, it's just always going to be old tech. Right. It's just. And I guess they're, you know, they're making some strides. It sounds like Swift's making some strides on an L1, you know, building their own blockchain. But again, you know, the banks are doing it, so.
- [15:34]
Jeff
Right.
- [15:35]
Chip
Anybody that excited about. I'm not. I really don't care. I'd rather. I was saying this story, the other someone else, you know, about how banks are and complaining about banks. I'm like, this is another reason, even though I said here that I think that mass adoption will happen because of banks.
- [15:50]
Jeff
Right.
- [15:50]
Chip
But that's the whole idea is like, the fact is, like, because I control. I don't have to have an intermediary. I control exactly where my funds go when they go. And I have full control where with the bank. You don't necessarily have that control. You know, and then moving, you know, my wife and I move in some accounts to a different bank. I'm not going to mention the bank, but bank froze the account for a week even though. Even though it doesn't take a week to move that money.
- [16:17]
Jeff
Right.
- [16:18]
Chip
So now you can't use the existing funds because they froze it, but they've already taken it out of the account, but it's not going to hit the new bank account for a week. That's like, this is the kind of stuff that banks do, the kind of.
- [16:31]
Jeff
Wrap that they pull while they're using your money.
- [16:34]
Chip
While they're using your money. And this is happening in millions and millions of dollars every single day. And that's what, that's, that's how they play it. You know, this whole thing of like, well, you put on a Friday and it won't clear till Monday. That's. That's 1970s. They're just making. They're just using your money. That's how they try to get the. There you go. Yeah. Fractional reserve banking. Yep. That's what it comes down to.100. A lot of good banks need to offer yield and compete for my money. Yeah. Well, good luck on that. 10 is only held. That's the fractional.
- [17:05]
Jeff
Yep, yep.
- [17:06]
Chip
Got to go to banks that have that kind of money in hand. Well, that's where, you know, crypto is falling in pants. Steve Willet says, I love just how my bank asked me, how are you going to spend your money? And if we give it to you and won't accept hookers and blows, the answer, well, yeah, it doesn't matter what you want to spend your money On. I mean, I'm not endorsing that, but it's like whatever you want to spend your damn money on, you spend on your damn money. I saw a post today by. Let's see if I can pull it up. But it was saying that it's the. It's the. It's the founder of propy. She was saying that she.
- [17:38]
Jeff
All right.
- [17:39]
Chip
She was trying to open a bank. She was just saying about how the banks again were asking her about crypto purchases. None of your business. None of your business what I spend my money on. They're asking her about that. I asked her to name the bank. Can you name the banks, please? I asked her. Can you just name the banks? We know. What are we talking about here?
- [18:00]
Jeff
So every last dollar and spend it on whatever you want to spend it on.
- [18:06]
Chip
No, exactly. Why do you need. Why do you need permission from somebody you know for. For money? You're going to spend your money. You made it. You know, what the hell? Nobody just tell you how to spend your money. But banks are just. They really do ripple bank rumors. No ripple will be a bank. But for financial institutions, right? It's not going to be open to consumers, so it doesn't matter. It's just going to be a. It's going to be a banking license, but it's going to allow them to do some really amazing things. But not.
- [18:31]
Jeff
Not consumer, right?
- [18:33]
Chip
Not consumer at all. She goes on to say that trend number two, the stablecoin payment network pop up. Some will be brand name partners. Don't be fooled. Keep your eye out, that's for sure. Before you sign on, ask how onboarding fees and reconciliation work if the network provider is unlicensed. Oh, they've done daisy chain partners together. So you have the headaches of correspondent banking. But hey, if you. It's on the blockchain. This is a very good point right here. And a lot of people will be fooled and they will go down this road and they'll hate. They'll say, oh, blockchain's bs. No, no. What you chose, the partner you've chosen is bs, right? That's what you trend three, build your own blockchain. True payments require certain features and functionality. But there are public L1s and L2s chains out there that serve payments well, like the XRPL. But for new chains to succeed that require major capital investment and years of heavy lifting to achieve decentralization, build sufficient liquidity and develop infrastructure to work for payments. And you know, it's, it's funny because There you go. The only stable coin needed, an xrpl are all USD 100.
- [19:38]
Jeff
But that's, but that's also assuming they don't go to a ripple and ripple doesn't start white labeling product and they very well could start white labeling.
- [19:47]
Chip
Yeah, well, I mean I don't know. I don't know if they would. And it's for institutional. If they had a consumer based product, white label would make more sense. I don't know if it makes as.
- [19:58]
Jeff
Much sense if they do it for like a massive institution. If a JP Morgan or maybe you know, not saying they're doing this but let's say Swift as an entity came to them said look, we can't have, you know, the relationship. We got to have our own branding, we got to do things our way. We want to white label your product. Now it's going to 10,000 plus Banks Global. You know, might be a little bit of a different situation or, or if a government wanted to white label the.
- [20:26]
Chip
Product.
- [20:29]
Jeff
Could be different scenarios.
- [20:31]
Chip
There's always, there's always going to be some interesting new type of scenarios. Let me see, here it is right here. I want to actually go to her. We gotta have her on the show one of these days too. I don't see Monica. Yeah, she's the great.
- [20:50]
Jeff
If we're gonna have Monica longer runs prop all.
- [20:53]
Chip
Good luck with that, son. We can't even. David Schwartz is going to be hammered now to be on podcasts.
- [21:00]
Jeff
Oh, I'm sure. Yeah. No, if he can, it's gonna be. There's no one. He has no one to blame if to say he can't come on because of so and so.
- [21:09]
Chip
He told me he couldn't be on. Remember he told me he can be on because Brad said Brad told him no and he ran away. But I mean he's just.
- [21:15]
Jeff
Brad said he can't be on our bug.
- [21:17]
Chip
He's goofing around that. He's such a goof. He really is. Like Brad didn't even know. Like Brad even gives a rat's back behind. Like he doesn't give two craps about that. That's the funny part of it. It's like. No, I'm pretty sure he didn't say that right.
- [21:30]
Jeff
But you know, a quick 30 second break.
- [21:34]
Chip
Tonight's show is brought to you by Badass Yeti's Coffee. Is it any good? Nah, it's fucking great. Forged in the mountains, brewed for legends. Badass yetiscoffee.com.
- [22:04]
Jeff
There you have it. And there you have it. All right, that's all good stuff. That was a good one to dig into. I actually like that thread of conversation.
- [22:18]
Chip
That was a nice thread. I liked it too. I thought. And what I like about it is I like how. I like how she put that into, like, really digestible language. She didn't make it all lawyer speak. Like, you can read that and totally get the messaging. Like the thought behind what she's. What she's calling out. And she did it in a very succinct way. So I thought it was a very powerful threat. And I'd like to see more of that for Monica. Sometimes she'll put stuff, you know, the attorney's got to read it. Well, the attorney said this, whatever. But I like more of this style. You know, Brad always shoots from the hip too. It's better to kind of. It shows you're human and the way you put it out, like how you're thinking about it, how you're approaching the issue, you know, how you're looking at it. I like that approach. Approach a lot better. Look at this. This was something I saw. I was surprised to see this. But this is Garling House right here. And I heard he did his own stunts. Jeff. Just saying. Okay, here we go.
- [23:16]
Jeff
Friends. The SEC took us to court to chill innovation to cast a shadow on over the XRP ledger and the community that powers it. We refuse to fold. After years of noise, a federal court made clear XRP in and of itself is not a security. Facts and law prevailed. While headlines screamed, we built ripple payments, opened and scaled new corridors, moving value in seconds. And above all, the strength and power of the XRP community.
- [23:45]
Chip
That's the. The engine.
- [23:47]
Jeff
You've earned this moment and you deserve XRP's success. Our vision remains the Internet of Value ISO 2022 ready rails, where businesses, developers and institutions can move money like information.
- [24:04]
Chip
You see, that's a deal.
- [24:06]
Jeff
Getting into a car, wiping out like.
- [24:10]
Chip
He'S thrown at the end. You see him get thrown at the end.
- [24:17]
Jeff
Friends, the S. Oh, my God.
- [24:22]
Chip
You have to love that. It's fantastic. And then this one here's Phil Kwok from Easy Easy A. But he was on. He was on a podcast and man, he broke the podcast. It was like one of the most viewed segments. But he decided to talk about the xrpl. And I'm looking forward to meeting Phil and at Swell next month and in New York City. So here we go. Follow up to that for a moment here. What are some of the key advantages of using stable coins over traditional fiat or other types of crypto. That's a great question. Number one is this cheapness with which you can transfer. So, for example, if you transfer a stablecoin like rlusd, which is issued by Ripple, then on the XRP ledger, you can transfer that for literally fractions of a century. Super fast and super cheap as well. When we look at the cost of a wire transfer, I'll give you an example. We recently ran a prize competition for our community and some of the prizes were very, very small, just as guaranteed prizes. We sent $10 to one participant. It actually cost her $5 to receive it because that was the price. It was a $15 wire transfer. So she actually lost $5 because we sent her 10. So absolutely insane. That's just one example of how stablecoins are making a lot faster and a lot cheaper to receive and send payments. Brilliant.
- [25:41]
Jeff
Really, really smart. And that happens with Ethereum too. It's not just general.
- [25:45]
Chip
Oh, yeah, well, we've run into that ourselves, Jeff. I've run into that where you don't have enough to. Even if you have $60 worth of Ethereum, you're screwed. You got nothing really, because you can't do anything with it.
- [25:58]
Jeff
So can't move it.
- [25:59]
Chip
But in that. But in that point, you know, myself. So it's. Everybody experiences some. Some of that stuff, at least some point. What else? I think that's the end of our crypto segment.
- [26:12]
Jeff
Where's our segment on Brad? I like our video with Brad Garlinghouse.
- [26:16]
Chip
That was it right there.
- [26:17]
Jeff
Eric Trump. No, the Eric Trump.
- [26:19]
Chip
Oh, the Trump one. Yeah, let's play that one too.
- [26:21]
Jeff
Gotta play that one.
- [26:23]
Chip
Yeah, we gotta play that.
- [26:24]
Jeff
We didn't put that in the title or anything.
- [26:27]
Chip
No, it was like. But this is. This was on the Patrick bet David and what? He drops Brad Garlinghouse's name, which is essentially, how do you feel about Doge? How do you feel about XRP Ripple? How do you feel about, you know, Ethereum Warrior with the other three?
- [26:43]
Jeff
Know all of them extremely well. I know Brad very well at XRP and you know, he's done a great job. No, Ethereum very well.
- [26:49]
Chip
I'm one of the guys who was.
- [26:51]
Jeff
Early on this year saying, buy Ethereum, buy Ethereum as it's crashing and Ethereum's come ripping back. I mean, I'm a big fan of Bitcoin. I'm a big fan of Ethereum.
- [26:58]
Chip
Bitcoin is digital gold.
- [27:00]
Jeff
Ethereum is definitely the oil by which all financial systems are going to run on. And. And they've done tremendously well and I think, honestly, cryptocurrency, all the altcoins I think are going to do well as bitcoin rips. Those are going to follow.
- [27:11]
Chip
Yep, he's right about that is he.
- [27:13]
Jeff
Was pretty spot on and it, it's funny, we decided to take that. It was a really good sound bite, you know, and he's talking about. Knows Brad Garlinghouse really well. Little, you know, mix up on XRP versus Ripple, you know, but the, the point they were talking about from a digital asset. So he was kind of connecting an inference to the asset. But, you know, interesting because there's so much within the social media space where they'll grab something like that or they'll grab. We talked about it yesterday where, you know, they indirectly make a statement that Swift is going to adopt the XRPL or XRP or XRP is going to become the global reserve currency or, you know, or Eric Trump is gonna, you know, drop some big bombshell on, on Brad Garlinghouse and Ripple and xrp. It comes out in just like discourse, but yet there's so much FOMO within the social media space. We thought we had to kind of highlight that and kind of draw some attention to it because that's what we do. It's, it's a lot of fun to do that.
- [28:25]
Chip
It's great fun to do that for sure.
- [28:28]
Jeff
Visual. I'll use Tron before I pay for all these fees using eth. There's so many fees and it's still, it's still around where it's so difficult to use eth. I mean, it's insane. Think about if we were giving away NFTs that were Ethereum based, you know, what kind of cost would there be to move one of the NFTs. Would we be able to, you know, just give NFTs, you know, do drawings and do it, you know, seamless and, and efficiently? Because we're talking about like 0.000012 of an XRP to complete a transaction versus versus on OpenSea.
- [29:07]
Chip
When you do, when you do ethnfts, the fees are ridiculous, man. Would we be given the way, like, you know, what it would cost us? Yeah, that's another. It's a great point. It's like, no, it's, it's so nominal you even notice it really, quite honestly. But, oh, look at that.
- [29:24]
Jeff
We're at the bottom of the hour.
- [29:25]
Chip
Just because he runs his vowels doesn't mean he's smart. That British way of fooling you. I, I Would agree with this sentiment right here. The Guac brothers are fun. Phenomenal, dude. If I sounded like that, everything I would say would sound way smarter if I had that accent like that. You know, that we need to work. I'm gonna tell brothers, I tell them I'm gonna meet, I'm gonna. I'm gonna definitely, you know, see them. And I love what they're doing in the community. I agree with John Doe here. This is absolutely. They are great ambassadors. This Easy E thing is phenomenal. I love what they're doing. He goes on a podcast, they're asking him about general stuff, and he chooses to go and talk about the XRPL. And in fact, that segment was by 10 times blew any segment that they did on that podcast away. It was the one of the most viewed. So he's a great ambassador. So. But I get what you're saying, Steve. I understand what you're saying there, but, yeah, you are the convict stock in Australia. The way I understand it, they took all the convicts, sent them to Australia, and look what happened. You guys had a whole different accent. It's a. Sometimes I've almost gotten pretty good at accents, even in the. In the uk, where I can tell if it's the northern, the mid, you know, I can kind of tell a little bit of the region. I'm not great at it. Like, like, if like a native speaker, but. But Australia one trips me up sometimes. Especially the heavy. The heavy Aussies. When they start talking, I'm like, what are you talk. What?
- [30:37]
Jeff
Like the words. The words don't make. You know.
- [30:40]
Chip
Yeah, well, they use a lot of the slang. I'm like, I'm. You lost me, dude. You know, it's like Wozo is all talking slang. I'm like, bro, you gotta. You gotta like. You got a bottom liner for me, dude? I don't know what you're saying at this point.
- [30:49]
Jeff
Yeah, can you put that in English so we can.
- [30:51]
Chip
Yeah. I'm like, I don't know. I'm lost me. You know, it's like, you don't. At some point when I was in Ireland too, I got this taxi driver and I was like, yeah, huh? He was like, holding shirt. I was like, huh, yeah, Yeah. I had no. Dude, I had no clue what he's saying. I haven't even been to Scotland. I've been able to understand up there, but this dude, like lost me in Ireland. I was like, he was, he was. I was. I wasn't struggling to understand what the hell he's talking about.
- [31:15]
Jeff
From Scotland. And when she gets, you know, kind of comfortable in conversation, like, normally you can understand everything, but when she gets really comfortable in conversation, she'll say things, and you. You'll stop understanding.
- [31:26]
Chip
Arkansas with beaches. I wouldn't say that. Calling for a TH000XRP by 2030. Yeah, but it's fine. I'm done with that. Good.
- [31:35]
Jeff
Be awesome. I like it, especially with the ETFs rolling around.
- [31:39]
Chip
Yeah, there's gonna. It's definitely gonna fly, man. There's no doubt about it. It's gonna go. It's gonna go somewhere. We'll see. No one thought I could hit $3 again, but here we are.
- [31:46]
Jeff
That's it. And here we are. Hey, we're at the bottom of the hour on the podcast. We are getting ready to give away or we're gonna, you know, we're doing the drawing again. We have this beautiful badass yeti that we're going to give away. He is of the clan Titans from the blue Tribe. This guy's name is what you'll see on the video, but actually, if you're on the podcast, you won't see. So I'll. I'll let you know what it is afterwards. Yeah, but you'll. You'll be able to listen to the music. I think this one is. Is pretty solid.
- [32:17]
Chip
Let's go.
- [32:17]
Jeff
Here we go.
- [32:19]
Chip
All right. Let's go. A badass yeti from the blue tribe. The titans rise, you're king. Here's a m wallet. Your faith on the chain Zolium broken fortunes don't inflame he stands alone thunder in his veins when the ground splits he doesn't fall he owns a queen, he is old Raise your weapons, raise all the time Titan's call Breaker of all fire and driving Badass yis born for battle, made for legend Claim yours Badass Yus on the chain is on the chain on the chain voice when he started the gurgling to the drums, that was awesome, man. Awesome. Awesome.
- [34:30]
Jeff
Get that yeti in there. Y et like that one? Yti.
- [34:34]
Chip
We got six in the drawing, guys. Type in yeti. Let's go, people. Come on now. Let's go. I'm gonna transition into some geopolitics and let me get this one out of the way first.
- [34:44]
Jeff
Epic.
- [34:45]
Chip
President Trump issued another warning Saturday, telling Hamas it must move quickly to release the hostages or all else. All bets are off as the Israeli bombardment on Gaza is scaled back.
- [34:58]
Jeff
That's it.
- [34:59]
Chip
And then, of course, this guy named Martin. Who the hell Martin? Chitty Chitty. Bang bang guy who's trying to get life back on track, who also writes it as published, which means nothing to me. But anyway, he says, I wonder why I, I'm the only one who thinks that the president of the US has absolutely no power over other countries and their leaders. The replies here are just very cultist. This is their war. We have bigger problems within our own country to dictate to others. Jeff, you want to comment on that?
- [35:29]
Jeff
Does the U.S. he thinks that president of the U.S. has absolutely no power over other countries. I think the US as is a hegemonic power, has a lot of influence and power over other countries. You know, we're at the table. Yep. We're trying to, to help an ally kind of navigate a difficult situation. And here we go. You know, do we, do we have big problems in our own country? 100%. Can we focus on the big problems? I think there's, there's a confusion when we talk about maga. Make America great again. America first doesn't mean America only. There's a group of people out there that want to focus on America only. You cannot isolate yourself. You still have to play well with others and you still have to be a player on the, on the global stage. Because if you isolate yourself, then you're no longer a hegemonic power and you're basically putting walls up around your country and you're done, and then that's the end of it. So it's not America only, it's America first because we're here. Every other country should think about their country first. But in this situation, you know, President Trump is trying to help navigate a situation with a, with a, an ally country, with Israel, to navigate a difficult situation with a, a region, a very small area that's controlled by a terrorist organization that has captured and still holds citizens from Israel hostage in underground bunkers and are starving them to death. And it's been a horrible, horrible situation. And these, you know, terrorists are hiding in tunnels while, and, and putting their own people in harm's way on a regular basis in hopes that these people become martyrs and they martyr themselves. I mean, it's, it's a very bizarre, you know, kind of difficult situation to be in. I mean, we're two years, October 7th marks the two year mark when this all happened. It seems like it all happened yesterday. So, you know, I think as we kind of look at it from this perspective, Trump is a global leader. You know, the United States has to, you know, be a beacon of truth and, and hope and Enlightenment to the world, you know, but we have to fix our first. You know, but we can still help others while we go through the process. I think that's part of it. What are your thoughts on that?
- [37:57]
Chip
I mean, of course, I mean, the. This whole idea of cultists and this and that, and he's not wrong. I think we have to fix our own problems. But this is. This is something that's going to affect everybody. And the point is, is the one person who drafted the peace agreement was President Trump, the one person that stood up and said, this is how it's going to go and this is how you have to release the hostages. Otherwise, look, you know, look, you either play. You either play for peace or you continue the inevitable. And that's what it comes down to. And if you don't have somebody saying, hey, this is how it goes, or else that's it. I mean, this isn't like, well, okay, well, whenever. This is how the European countries handle well, whenever you get around to it. And by. By France, by Canada, and by the UK Recognizing Palestine was a massive error in judgment. You have hostages that are. You have American hostages, Israeli hostages, hostages from other parts of the world that are still held almost two years later, and they're endorsing this country. You're out of your minds. Like, you don't. You don't. You don't mess around with terrorists. You know, you don't negotiate unless you're gonna try to end something peacefully. But you can't say to somebody, well, take your time. We understand this is how Europe approaches it. That's why Europe is caving. Europe doesn't have any balls. It can't stand up for itself. And this is why it's going to cease to exist. It's going to be one giant country, and it's going to be run by Sharia law. That's it. Because they allotted it because they were worried about being called names or racist. And it's not racist to protect your language, culture, and borders. Okay? The same way France. I want to go to France because it's French. I want to eat croissants. Croissants. I want to eat that. I want to have French wine. I want to have. I want to have the French experience. I want to hear French being spoken. That's why I go there. If I want to. If I want to hear something else, I'll go to another country. If I want to experience a different sort of a culture, Same with the UK And I feel like it's not even there's. Parts of London right now. The pubs are disappearing because, you know, Muslims don't drink. Well, so what? That's, that's not your country. If you don't, why are you going into other countries with a wrecking ball, destroying them? Now, I'm not saying that's everybody, but it's. But the other people who are complicit and not standing up and saying, hey, this is wrong. But I am seeing more of that on the Internet. I'm seeing more than an extra people are standing up saying, hey, I'm Muslim. I don't agree with this. You assimilate. This is how it's supposed to go. And if you don't like this country you're in or you don't appreciate it, don't go. And these are the Muslims we need to hear more from. These are the good Muslims that we need to listen to and hear. But they're afraid too, because, you know, I can't blame them. They're going to. They'll get their heads chopped off. You know, they're just volunteering to be punched in the face, which is never a good thing. Jeff.
- [40:45]
Jeff
Right. Well, especially from, if you look at like the, the Persian communities, you know, the Iranians that are over here in this country for, you know, for the, I would say the larger percentage, you know, any. Anywhere you go, you know, amazing people, super welcoming, love the, love the party, you know, and just, just in general, you know, great group of people, they fled in their country and came here on purpose. There's no way they want to bring all that here. You know, they, they love being here in this country. And that's what we, we need to hear more of that, you know, same thing in England. We don't hear enough, you know, from the, from the community, the Muslim community over in, in Europe to say, hey, we don't stand for this. You know why they don't, they don't come out because it's dangerous for them to do that.
- [41:31]
Chip
Plus, it is.
- [41:32]
Jeff
That's their community. So if they speak out against their community, they get ostracized from their community instantly. You get ostracized from the community. You know, it makes it even more complex for them, but it's very dangerous. I can remember, you know, a friend of mine over here, so if you think about during the Gulf War and actually the, the first Gulf War, so in the nine early 90s, his, his brother had served in the military in a very high division over in Iraq. They came over here shortly after. But during the Gulf War. He was terrified because he didn't want to say anything. They're Chaldean, they're from Iraq, they're Christian, but they still didn't want to speak out against Saddam and the regime with fear of retaliation. And he was convinced that his phone calls were, were being listened to. Yeah. And observed. And so, you know, he would, you know, and then the second time around was the same thing, you know, he got very, very concerned, you know, about the fact that something could happen to the family. And they're, they're in Michigan, you know, and they've been in Michigan for many, many years. And, and so it's interesting how that can follow, that follows you over the, the fear about, you know, exactly what's been happening and how it's happened right here.
- [42:54]
Chip
And Steve Willis, the ID card, if used correctly, will solve immigration. You know what solves it? Deportation. Right, that's right, that's what solves it. Closing the border solves it. You don't need. When you try to sell somebody something because you're not. This is going to do it. We know who they are. You know exactly who they are. They're the ones you're giving these beautiful hotel rooms to. You're giving them cash cards. Don't tell me you don't know who they are. But under the guise of like, oh, well, this is how it is. Look at. Pubs in London are closing because upkeep is being so expensive, the profit's not good enough. Privately run pubs are alive thanks to benefit takers and retired people never get out of it. That's a good point. And it's like I, but I see a lot of pubs closing too because they're not frequented because they're, they're in an area of London that you know, that people don't drink. What are you going to do? I mean, it's like the whole thing. But this two things I want to play from the uk this one here, this kind of tells you the state of the UK today, kind of runs it down for you. And then I've got something to follow that up with, but let's listen in. Okay.
- [43:52]
Jeff
Is now the second most depressing country to live in.
- [43:55]
Chip
Officially, taxes are at a post war record board high up to 45.
- [44:02]
Jeff
Income tax on what you earn, then.
- [44:04]
Chip
20% VAT tax on what you spend. If you're a business, you have VAT, then 25, corporation tax, then business rates, then 15, national insurance, then you've got council tax, road tax, car tax, stamp duty tax. There are 39 different taxes that you pay. The town centres are in ruin, they're run down. The there's empty high streets and increasing homelessness. You get stabbed for a watch in.
- [44:31]
Jeff
London and petty crime is now legal in the uk.
- [44:34]
Chip
The cost of living is soaring and inflation has wiped out 35% of your.
- [44:39]
Jeff
Money in the last five years alone.
- [44:42]
Chip
You work three days out of five for the government and you pay £4,000 a year in government debt interest.
- [44:49]
Jeff
Then when you finally pay off your.
- [44:51]
Chip
House and you retire, you, you're looking at 40% inheritance tax and this is just the beginning. The UK want to tax you even more and they want a digital ID and they want more control. There will be no cash soon whatsoever. You'll get imprisoned for your social media posts. You own less and less and less. You give away more and more and more.
- [45:13]
Jeff
And people wonder why everyone's either leaving the UK or taking the streets to protest. There you go.
- [45:21]
Chip
What are your thoughts?
- [45:24]
Jeff
It kind of spot on, you know, it kind of takes off what Osman was talking about. They're closing because upkeep's expensive. Well, upkeep's expensive but they're also being taxed out of it. So your taxes are high, you're not earning enough. Upkeep's expensive. Cost of everything is going up. That's not, it wasn't an accident that the cost of goods were going to go up drastically. You know, I mean it's all kind of part and parcel, but there's so many components to that on a global level, you know, and again, you know, it's helping to kind of bring, bring the status down. But there's a massive kind of division right now in, in the wealth divide, you know, the wealth, the wealthy are getting significantly more wealthy. The middle class is being know, impacted on, on a very, very large scale right now. And much of it has to do with taxation, which is why the state of Florida is considering, you know, getting rid of additional taxes, get rid of property tax. You know, I, I would like to see just across the board, let's get rid of all income tax. The state of Florida does not have income tax. We get rid of property tax. Property tax has gone up a lot too. You buy your house and you still have to pay property tax. You know, based on valuation of property are goods and services that the, that the cities provide. Definitely, definitely do not match the increase in valuation. You know, just because my house went up, does that mean that your goods and services are now more expensive? You know, not even goods, it's just services you know, what goods are we getting? You know, so are they. Are they doing more than what they were doing before the. To rationalize an increase in cost? What you end up seeing is the hiring of more personnel. You also end up seeing them getting more pay raises. And then, you know, maybe they get paid too much in the administrative aspect of it. They don't pay police and fire necessarily, you know, based on, you know, the risk, reward of. Of the. Of life, of. Of their. Of their work, you know, and so there's so many different aspects to it.
- [47:40]
Chip
100 that.
- [47:41]
Jeff
Yeah.
- [47:41]
Chip
Good news. Crypto Prince arrived.
- [47:43]
Jeff
Crypto Prince is here. We can start to show princess here.
- [47:46]
Chip
Thank God. Appreciate. Chris, Catherine's here as well. Catherine just jumped in, says hi, Will. Good to everybody. Guys, jump in. Yeah. Euro.
- [47:55]
Jeff
Rad. We're not done talking about euro yet.
- [47:56]
Chip
No, we're not done yet.
- [47:57]
Jeff
We're just.
- [47:58]
Chip
Just getting started. Here's. Here's what I wonder. I mean, sure, Ben Habib, to me, I think, has some of the best takes as far as. But I do see Nigel Farage coming around, and I do think that Nigel Farage, you hold an election, he gets voted in, he's going to run in the same thing that Trump is running into, which is the deep state, which is the bureaucracy, which is the MPs, which is the councils. It's so deep, it's such a tangled mess that you come in, you say, I'm going to do this now. You're going to have the courts doing the same thing to Farage that's happening to Trump, is that they're going to start suing him, they start taking him to court, they're going to start, you know, trying to, you know, oust him, whatever it's going to be. Because it's so deep. And the people just like any kind of a dictatorship, and which is akin to a democracy, the people who are the top 2% will fight to stay the top 2%. And they're always looking over their shoulder. It's how socialism, communism works. It's how democracies work. You always end up with some sort of a benevolent dictator. Even if. Even if a guy like, I don't feel like the only thing that's going to really save Great Britain, the UK as a whole, is revolution. Sitting around complaining about it. And the taxes are getting higher. They want to do reduce the tax. Okay, you're not paying 45%. You're going to pay 40. Oh, 30. Thank God. Right. It's not gonna do it. I remember when Reagan Came in. You know, when Reagan came in, there's 45% taxes, he cut them down to like 30, 28%. And they went even further and Trump wants to bring that rate down to 15%. And what ends up happening, and this is what people, they don't want. The dirty secret, they don't want you to know is that more money comes into the treasury with, when you lower the taxes, people spend more, people do more countries flourish. And this is what's happened during the Reagan administration, is that he came in, cut these taxes. All we're not going to be able to survive Trump's tariffs. All these tariffs aren't going to work. You know, even the cba, the Congressional Business Office said, oh, they're going to now. They kind of came around and said, I don't know, maybe these things could work. But the Congressional Business Office is always wrong, Jeff. They've been wrong on 99%. They're the ones that are supposed to score stuff to see how it works. The last people in the world you want to touch on any of this stuff, the Congressional, they're a bunch of partisan hacks, bunch of losers in Great Britain, I fear. I always say, like, this is great. I love Tommy Robinson. I love what he's doing. I love some of the voices that are coming out, having a big rally one day. Terrific. You just showed there are a lot of people that are pissed off that are united. What are you going to do about it? At the end of the day, you're not. You're going to live with it from day to day. Nothing's changed and ain't changing anytime soon. And even Nigel Farage gets in, you're still going to be host. It's time for revolution. It's time for a new form of government. It's time for decades, you know, hundreds of years of centuries of tradition not working. At least now our system's not perfect, but at least, you know, listen, no matter what, we got the first and Second Amendment. We've got free speech. We have the right to bear arms. That's it. When you give up your guns, you're a host. There's a reason they want you. They don't want your guns. Not because you're. They're afraid you're gonna hurt, that it's what most people don't realize. It's against tyranny, protect against tyranny of the government. The government's. If everybody in Great Britain is packing, they're not going to be so bold anymore, man. They're coming after You? Yeah. Well, that's funny. I was going to go over there and I was thinking I might be. I, I was supposed to go to a buddy of mine's birthday over there. And I was, I was like, geez, they might never let me in the country.
- [51:32]
Jeff
You can still go to. Can you go to Wales?
- [51:35]
Chip
Well, he's, he's, he's in. He's like, they probably won't even let me in. They'd probably be like, oh, we need your socials. And they'll probably. Dude, I almost got arrested last time I was there because I was, I was filming some police messing with this dude and he was, you know, and there was a fight and stuff. And I'm like. And I'm like, look, it's in the public. I can film anything I want. They're like, sir, we're gonna take your phone. We're take your phone. I was like, what? I'll take my phone. I was like, all right. And I was like, okay. I'm not. Okay, I'm. I'm deleting it. Deleting it. And then I walked away because I said I didn't want any trouble, but they might crazy. They don't want me. But Jeff, what would you say, what if, like George Orwell, like, happened to just casually pop into 2025? It might go something like this.
- [52:19]
Jeff
Well, I wasn't far off, was I?
- [52:21]
Chip
Afternoon, sir. Can I see your digital id, please? Oh, that. Less rich.
- [52:25]
Jeff
I write the warning and you make it the rule. Write the warning.
- [52:32]
Chip
That's pretty good. Oh, man, thank God for. Thank God for AI. It's fantastic.
- [52:39]
Jeff
Well said. We have. We have the right to do nothing. Don't matter who is in. We get crapped on. Yeah, you do. You do nothing. Then it just gets worse, you know?
- [52:49]
Chip
That's a solid point.
- [52:52]
Jeff
Gotta delete all social media posts before going to a UK country. Well, they don't know how to use. They know how to use Facebook and Tick tock. I don't know if they know how to use the other stuff.
- [53:02]
Chip
I think they make you put your socials when you enter the country. Now that.
- [53:05]
Jeff
That's right. With all of them.
- [53:08]
Chip
I got kicked out of Canada too. I don't think I'm allowed to get it anymore either. So that's not gonna go very well. Hey, man, I'm doing it because I want the best of the countries. I want the best for the countries. I want them to thrive, man. It's not like I'm not. It's not against the company so what do you. So here's a girl talking about the free Palestine. Totally, totally takes it apart in, like, less than two minutes. Here. Here we go. Palestine.
- [53:29]
Jeff
We did.
- [53:30]
Chip
Israel completely pulled out of the Gaza Strip in 2005 and forcibly expelled all.
- [53:34]
Jeff
The Israelis living there, leaving behind beautiful.
- [53:37]
Chip
Land, greenhouse gases, and a thriving environment.
- [53:39]
Jeff
And what did the Palestinian people do? Burn down all the greenhouses that Israel left behind and elect Hamas, the terrorist.
- [53:46]
Chip
Group, as their leaders in 2007. And since then, every single resource that has been brought into Gaza from Israel.
- [53:51]
Jeff
Has been used to create rockets by.
- [53:53]
Chip
Hamas to attack the Jewish people.
- [53:54]
Jeff
None of that water, none of that funding going to educate or enriching the.
- [53:58]
Chip
Lives of the people living in Gaza.
- [53:59]
Jeff
And who's deciding that?
- [54:01]
Chip
The terrorists. They elected Hamas. So if you really want to free Palestine or free the Palestinians, then support Israel in eradicating Hamas from the face of this earth. Because the day that Hamas disappeared appears will be a better day for the history of the people living in Gaza and the people living in Israel. The only way to free Palestine is to eradicate Hamas forever.
- [54:20]
Jeff
Yeah.
- [54:22]
Chip
Oh, but don't talk about history. Oh, no, no, no. You remember when they did that, they burned everything, Jeff. They went mental. Like, why would you burn the green. I. It doesn't even make any sense. Like, that was done for your benefit. I don't understand.
- [54:36]
Jeff
If you remember 2005, Israel had to forcefully remove people, people that had been living there.
- [54:42]
Chip
Rights for.
- [54:43]
Jeff
For forever, right? They didn't just move there. They weren't settlers. They'd been living there forever. They're like, you know what? We had an agreement. You can stay. You won't live long if you stay. So how crazy is that? That you're supposed to have peaceful coexistence with. With a neighbor, and yet, you know, you have to eradicate all. All the Jews from a region because they won't be accepted or they'll be killed. So think about that for a second, right? There's little freedom if you go back into the 80s there, and. And, you know, there was freedom of movement in the area. It was. You know, there was. There was a major turn of events, and it was a. Right around the time that Clinton, Rabino and Arafat kind of sat down in 2000, and it was probably in the 90s where things got started getting. There was an Intifada uprising, and things got less safe. But after that 2000 mark, things progressively got less safe in areas that were predominantly Christian. Like, if you want to go into Bethlehem or you want to Go into Jericho or, you know, you want to go around to some of the holy sites that happen to be in these Palestinian controlled areas, you know, because they, you know, they said, here you go. You know, there was a. There was an agreement on the table, but what happens is that it's no longer safe to go there. And it, it just amazes me that, you know, people just have no concept. The other part is that Gaza is this little strip that, you know, that if you predate, you know, there was, you know, a time that Egypt occupied that area, you know, and then you have kind of. And then you still have the quote, unquote, west bank, which kind of aligns along kind of the. The eastern side of Israel. There's a. An area cut out where the Palestinian authorities in charge. So you have the Palestinian Authority in one area, and then you had Gaza in the other. And there was going to be some sort of a semblance of this quote, unquote, Palestinian country. 2005. They pull out. They pull all the Jews out of the region. Hamas, like she had mentioned, takes over, destroys everything up. And, and then. And there you go, you know, and so now, you know, fast forward 20 years and, you know, what. What do we have? We have a terrorist entity that's in control of a region. Egypt doesn't want them. You know, Egypt put a massive border with wall up along that area and won't let them in or out. Yeah, I mean, so that's awesome. A lot of. A lot of things to really, you know, take into consideration along those lines.
- [57:21]
Chip
Yeah, I love this right here. Let's see. I'm a fan also. Chip, you're not wrong. You may have your faults, but being wrong is one of them. Well, don't worry. I'm wrong too, though, that occasionally have. Oh, look at this. I KNEW it's missing.
- [57:34]
Jeff
87 to 3.
- [57:36]
Chip
I told you, man.
- [57:38]
Jeff
Sucks for the Bills after I said.
- [57:40]
Chip
No score updates or bills game, please.
- [57:42]
Jeff
80. 87 to 3.
- [57:44]
Chip
At least they're on the board, man. At least I got threes. That's good. So I was like, look at, look at Trump. Look at Trump golfing again. And look who gets the sombrero. So for the podcast, Trump hits the sombrero, goes flying through the air. It hits Elizabeth Warren Pocahontas in the head, and she falls back into a bunch of chairs. It was a perfect, perfect meme. Those guys are good, man. They're good. And then how about this one? Yeah, you might recognize the movie this one's from, but here's Another great light hearted moment. Trump the whole idea of Jeffries and Schumer, dude, they'll never live this down. There's, there's so many memes going around that it's just the most brilliant thing ever. Look, here's a great one. Look at this. Here's Trump trolling Jeffries again. Show us.
- [58:54]
Jeff
Oh, my God.
- [58:55]
Chip
What?
- [58:57]
Jeff
That doesn't really work, does it? Have you tried?
- [59:09]
Chip
Oh, that's good.
- [59:10]
Jeff
Oh, fantastic.
- [59:12]
Chip
Oh, fantastic. Jeffrey's face.
- [59:17]
Jeff
Better. So much better.
- [59:22]
Chip
What a fantastic, fantastic tune. It's fun to stay at the YMCA it's fun to stay at the YMCA they have everything for you. I bet you enjoy. You can hang out with all the boys. It's fun to stay at the YMCA it's fun to stay at the YMCA Young man, young man there's no need to feel down Young man, young man, pick I've been Donald Trump. Thank you and good night.
- [60:05]
Jeff
Oh, my God.
- [60:06]
Chip
That's memes. I don't know. Here's another one. Speaking of memes.
- [60:17]
Jeff
Obama histor Obama closing the government down.
- [60:27]
Chip
Cost them uneven day. Jo Hates Americans, loves illegals. Hates Americans, loves illegals. Democrat way. Democrat way. We always pay. Governments close. No denetal Democrats need illegals to get their way. Americans no longer will pay. Billy Meme team is the best man.
- [61:06]
Jeff
Oh my God, they're funny.
- [61:08]
Chip
That's the best. That is the best nickname ever. Dollar Store Obama. That's the greatest nickname ever. It really is. Greetings from Slovakia. All right, welcome to the show. Appreciate it. Those are the best. Oh, don't worry, we miss and we, we. I, I go through so many of these to try to pull the best ones or ones. I think you guys will resonate the best. But this is funny, Jeff. You know, I don't know if you saw this and again, this could be master trolling. But the point that it's out there, it makes me laugh so much. Look at this. So you have Trump. The treasury department considers minting a $1 Trump coin. The draft design of the coin, which is overseen by the office of the US Treasurer, Brandon beach, features Trump's profile on one side of the coin. So on one side of the coin you've got a typical, you know, side profile of Trump's head. It says liberty across the top and says and got to be trust. And on the bottom it says 70, 76 to 2026, you know, 250 year anniversary. On the other side, it's got Trump with the fist up right when he after he got shot with the flag in the background, it says, fight, fight, fight. United States of America. E pluribus human $1. So I don't know if this is real, if there's any, if there is any truth to it, but this is pretty funny. Look at this. Here's Dan Scavino posted this.
- [62:24]
Jeff
Yeah, that'd be so great.
- [62:26]
Chip
You've got the girl, the lady that was yelling no the first Trump. You know, she's wearing the, the, the roadside vest. She was wearing the yellow and vest. And she was like, no. So they put her as a barista at Starbuck as someone's going to pay for it with the Trump coin. She's like, no. She's like, no. Oh, my God. It's pretty good too. But not a lot of people know who TEMU is, though. They don't necessarily know temu. You know, I think TEMU above. But that's why Dollar Store Obama's. But everybody knows Dollar Store. Right. But TEMU Obama is a good one as well.
- [62:58]
Jeff
Well, at least over here we do. I don't know if they know it in other countries.
- [63:01]
Chip
Yeah, I don't know if they know another country probably would play better in other countries since they're more into the. Plugged into the Chinese cheapo products. I don't know if that's necessarily the thing or not, but it could be.
- [63:13]
Jeff
You know, Pops up everywhere. There was this. A guy redid retrofitted his garage, took $2,000, bought everything on Teemo. And so the first thing he did was redo his. His flooring. And he was going to put an epoxy down with some sparkle. So he used whatever he got from Teemo, totally screwed up his floor. So he had to go to Home Depot, grind it all down and start over again. But from there it went well. I don't know how many thousands. He. He said his cap was 2000. So he got all the goods. He spent thousands more fixing his garage floor, whatever he had to do, trying.
- [63:50]
Chip
To save a few pennies, right?
- [63:52]
Jeff
Pound Foolish was a whole thing for YouTube. But he ended up fixing up who knows how, you know? Is that right?
- [63:58]
Chip
I understand it's not gonna.
- [64:00]
Jeff
But it was hilarious. It was very funny.
- [64:02]
Chip
Yeah. AliExpress. Same. Same stuff. But here's Adam Schiff trying to be serious. Dude, every interview the Democrats do from here on out should look like this. Every single one, without fail.
- [64:12]
Jeff
And they need the sombrero.
- [64:14]
Chip
Just have the sombrero.
- [64:15]
Jeff
And day three of the government shutdown. And how is the president using his time to try to Bring an end to this pain he's inflicting on the American people. You can't even take. Take them serious.
- [64:29]
Chip
I can't play that. Yeah, I can't play that because we get booted off.
- [64:34]
Jeff
How great is that though?
- [64:35]
Chip
You put that mustache, every single one. I think I have one with Warren here. Donuts of whatever. Liz Warren 1. Let's see. Where is she? I know I have one here somewhere. Oh, here she is. This is great. This is how everyone of them should be. They should be wearing the sombrero with the mustache. What is going to be the level of reimbursement? And the Republicans said it's going to be a low level. The Democrats are watchable. We just want to go back to the level it was before because you're.
- [65:02]
Jeff
Going to bankrupt hospitals.
- [65:03]
Chip
You're going to put rural hospitals.
- [65:08]
Jeff
And the Democrats plan the number of.
- [65:12]
Chip
Undocumented immigrants makes it more palatable if they show up bleeding and unconscious at an emergency room. This is nonsense, what she's talking about. They took it out of the big beautiful bill because it was garbage in there. So now they, they wanted to pump it with all this garbage. And I just don't understand, like, we've seen a number of these videos when they talking about like what's really in this video? This woman breaks it down pretty well. Listen, there's this. All the garbage that's in the stupid bill that they want to. Because they got mad that it got taken out of the big beautiful bill. They want to just restore it because people are dying. No, I read the continuing resolution proposal that the Democrats sent out so that you didn't have to. And I'm going to tell you what's inside of it. This is a continuing resolution bill. This is to keep the government open for another six more weeks. First, nearly half a billion dollars, like $490 million go straight to PBS. How is that prioritizing the American people? It's not. Secondly, they want $157 million set aside for Congress itself. They want additional security for members of Congress, residential security systems and $10 million for upgrades and security to the state office. I'm sorry, but average Americans are living in cities that are ridden with crime. Oh, but that's not even the best part. They are asking for $174,000 each in death gratuities to three dead members of Congress. It's tragic and I'm sorry for the loss of those members of Congress. But ordinary Americans don't get six figure payouts from Congress when one of our family members dies. So why are we paying for them? And then finally, one of the biggest things on this bill. Y' all aren't even going to believe this. $437 million for the European bank of Reconstruction and Development. Yeah, that's. That's American taxpayer money being sent to boost Europe's economy, not to fix our border, not to lower inflation, but actually to spend more of our money to buy 40,000 shares in a country we. We don't live. Make sure that you share this so that people understand what we're really fighting.
- [67:34]
Jeff
Right.
- [67:34]
Chip
This is insane. Jeff. What the hell? The European. Like, that's. That's the last thing when you be spending money on, if you think about, like, the last thing in the world is that you're paying for the European sort of bank. This is. I like this too, you know, they announced Bad Bunny is going to be the. The halftime performer. He doesn't even sing. He sings in Spanish and he dresses up like a. Like a woman. He's a nut job. But anyway, but here is. Look, they did Hakeem Jeffries in a bunny suit. And it says, I'm a Bad Bunny. So. So you gotta love that. And then this one here. Here he is with a. With a sombrero on with his mustache. A high plains grifter. So just. These just keep coming. They're just absolutely fantastic. But it's time to run the. We're gonna have to go with the guys. We only have nine in here.
- [68:17]
Jeff
Oh, man. All right.
- [68:19]
Chip
I was right. XRP reposted the stream. Beautiful. Love you guys. Appreciate it.
- [68:22]
Jeff
You were right, love. You're right. He was going to do it, and he did it.
- [68:26]
Chip
Store Easter Bunny. Temu. Easter Bunny. There you go.
- [68:32]
Jeff
All right, here we go. We're gonna get ready. How many? There's nine. There's only nine.
- [68:36]
Chip
Oh, my gosh. You guys are too funny.
- [68:38]
Jeff
Nine. All right, so by the time we finish playing this video, we're gonna throw this in here, guys.
- [68:43]
Chip
Type in yet there's 10 now.
- [68:48]
Jeff
E t I.
- [68:49]
Chip
When a badass yeti from the blue tribe, the titans rise. Your keys of mon wallet your faith on the chain Broken fortunes don't inflame he stands alone thunder in his veins when the ground splits, he doesn't fall he owns a queen. Raise your weapons, raise all the titans Call all the mighty soul Breaker of all higher.
- [70:25]
Jeff
TR.
- [70:33]
Chip
Badass yetis Born for battle, made for legend. Claim yours badass Hit us on the chain is on the chain Ain't badass Yeti. Yo, the soundtrack sounds so professional. Something I would hear on radio. Hell yeah, it is.
- [70:56]
Jeff
Yeah.
- [70:57]
Chip
All the we do is like first class, baby.
- [70:59]
Jeff
First class.
- [71:00]
Chip
Messing around. It's the best shit. It's powerful. Glad you appreciate that. Where the trans yetis at? They ain't here, dude. No trans yetis. That's so funny. There are no trans yetis in the animal kingdom and the yeti kingdom either. So there you have it. All right, guys, we're gonna put this up. Put the. Put the soundtrack on. Jeff in the background. Badass yetis.
- [71:20]
Jeff
Oh, his son Zo is his brother. Means ice. Oh, look at that. That's interesting. Iceman coming.
- [71:26]
Chip
Coming home. Let's go. Okay.
- [71:30]
Jeff
Oh, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait.
- [71:36]
Chip
Yeah, here we go, guys. You got. If you typed in badass Yeti have a 1 in 13 chance of winning. A 1 in 14 chance. Thank you. Daniel jumps in. Daniel jumps in on a Daniel from Unchained.
- [71:48]
Jeff
Nice one. Wait, wait, wait, wait.
- [71:49]
Chip
Let's start over again.
- [71:50]
Jeff
There we go.
- [71:52]
Chip
Hell yeah. We got one in 14 chance. Ready? Let's go. Boom on the chain. Yeah. Chad. Winner, big winner. Chicken dinner. Chad from Celebration, Florida. Daniel is gonna win. Would it be funny if he popped it at last minute and won? That would be great.
- [72:15]
Jeff
That would have been great. That would be great.
- [72:19]
Chip
Fantastic. Chad is the winner.
- [72:20]
Jeff
It says rig.
- [72:22]
Chip
It is rigged. You won.
- [72:23]
Jeff
Rigged it in favor of Chad.
- [72:25]
Chip
Nailed it. Let's do it. All right, all right, all right. Yeah, yeah, yeah, yeah. Badass yetis. Thank you. That was driving me crazy. After a while, it's like, look at. Chad's all in the. Dude, let's go.
- [72:40]
Jeff
Yeah.
- [72:40]
Chip
Chad's all over it, man. He ain't playing.
- [72:42]
Jeff
And by the way, Chad, look at this bad boy right here. This is so. Look how cool. Look how kick ass that guy is. Look at that detail.
- [72:51]
Chip
That's yetis. Love it.
- [72:54]
Jeff
That is Zol of the Clan Titan.
- [72:57]
Chip
Gotta love that.
- [72:58]
Jeff
There he is right there, Zo. That guy's kick ass. So what we're gonna do, we're gonna give that bad boy over to you here in one moment. One moment. Un momento. I gotta watch this. The ad.
- [73:20]
Chip
Send it over. While you're sending that, we have to watch this another time because this is the only way you can watch Democrats anymore with the sombrero because this makes it somewhere entertaining. It's awesome. Republican members of Congress saying, oh, well, if we have this shut down, it's because of aoc. Well, if that's the case, my Office is open. You are free to walk in, negotiate with me directly. Because what I'm not going to DO is tolerate 4 million uninsured Americans because Donald Trump decided one day that he wants to just make sure that kids are dying because they don't have access to insurance. Yeah, well, why don't you go ahead and bring the receipts next time and tell us where that's in the continuing resolution. Continuing resolution is supposed to be clean. It just grants enough money to keep the government over for six months. This is all bs. They're such bad liars. Kids are dying. Which kids. Explain to me which kids are dying. Which kids specifically are dying. And tell me where in the continuing resolution where it even cites any of that. There.
- [74:20]
Jeff
That's it. Chad, you own this bad boy. You own badass yeti number 34. Badass yeti. Number 34 is a good one. Hi, Chad. You got a good one. Number 34 is a good one too. 34. 34 is a good number.
- [74:35]
Chip
The winningest man in. In Yeti history says it's rigged. The man who just won said it's rigged. It must. Oh, no, it's now it's 100, 2012. This 87. Beautiful. What a comeback. Thanks, Mark. Appreciate it.
- [74:48]
Jeff
Call it a comeback, Americans.
- [74:50]
Chip
No one turned away from an er, Right? Exactly. That's why. That's why your health care is so expensive. Because.
- [74:55]
Jeff
Which is true.
- [74:56]
Chip
The oath of Socrates. You have to treat everybody whether to have insurance or not. Except if you're American, you don't have insurance. Then kick to the curve. That's. Sorry, sucker, but that's all we got, guys. All we have tonight. We will see you guys on Wednesday night.
- [75:10]
Jeff
Wednesday.
- [75:12]
Chip
Wednesday. Badass yeti. I like that. Badass. Let's play the beginning of that again. It's the beginnings for fat ass YETI.
- [75:24]
Jeff
Being his pretty kick ass. Here we go.
- [75:27]
Chip
When a badass yeti.
- [75:36]
Jeff
I think I'm gonna flip that sound. Oh, you're muted.
- [75:40]
Chip
Muted, muted clip that. We can remove the music and just play. All right, guys, that's all we have time for. We will see you guys on the next one. See you guys on Wednesday evening.
- [75:57]
Jeff
Chip and Jeff Standard time.
- [75:59]
Chip
Have a great week. See you. Bye.
- [76:03]
Jeff
Are you down with otc?
- [76:06]
Chip
Please like subscribe and click the bell.
- [76:09]
Jeff
To be notified when the next video drops.