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Jeff
All right, tonight's getting ridiculous. AI agents ET in, ETF inflows, Coinbase talking, clarity fired up. Tomorrow's the day for clarity. Blair continues to explode. XRP alliances all over the place. Chip, at what point do we stop pretending all of this is actually random? Isn't random. Israel isn't.
Chip
Yeah, like. Like every time you open up AX now it's like, oh, look, it's another connected thing to xrp. Look at xrp. It's totally normal. Everything's good. Yeah, it seems like it's not 2018 anymore, Jeff. Right.
Jeff
Nothing to see here. And now AI agents are literally. This is crazy part. Building credit scores, transacting without even handling private keys. Meanwhile, people are still sitting there going, yeah, but the price hasn't moved.
Chip
Well, that's the crazy part. Most people are sitting there staring at candles, green candles, sometimes red candles, while the infrastructure is getting wired together behind the scenes.
Jeff
Exactly. And this is where it gets interesting because tonight we're going to connect not just one dot, but all of the dots, every one of them. AI, ETFs, wallets, institutions, tokenization, XRB PHI. And why everything suddenly seems to be pointing back at what XRP or pay.
Chip
Are you ready?
Jeff
Let's do. Do it.
Chip
Are you ready? Let's do it. Welcome to on the Chain.
Jeff
Welcome to on the Chain. This is Jeff here with co host Chip. What is going on, Chip?
Chip
Yeah, what's going on? Everybody out there in. In hello land. Goodbye land. Tomorrowland. That's over there at Disney Tomorrow. Tonight actually feels a little bit different Chat because, you know, usually it's like one headline, but it's not really that. I mean, these AI agents, you know, the ETFs, it's wallets, it's flare, it's tokenization. It's been so much fun to do the show because we can't possibly cover everything and somehow everything kind of keeps circling back into xrp.
Jeff
Xrp. That's right. And most people just don't understand this part at all. That Chip is what's killing me. The infrastructure is being connected before the public actually realizes what they're looking at. They're still worried about those price inflections. Is it going down?
Chip
It's all just. It's all just fomo. It's fomo. Everywhere you look, you know, it seems like there's more of these weird people popping up on X. Like, I see another one and some. I watched the guys, like 15 minutes of his video and he was showing you apps a thousand one hundred he kept when somebody keeps saying they did 6,000 hours of research on this and 20,000 hours of people. I'm like, dude, I don't you. I said, so you've done all these hours? And he was trying to say that our three quarter, which is a conversation from 2019, is settled. I'm like, no quarter doesn't use XRP. And then people like, you know, moon chaser, like put up things where they met. She met with like high up people in the company and dispelled that and even got confirmation. But I'm like, your research apparently didn't come across that. And he's telling me that Swift is already using S3. No, Swift's not. Do you ever pay attention? The news is coming out of Swift, so she's got to be careful. Guys out there, there's a lot of weirdos. But let's jump into it. Here we go. T54AI becoming one of my favorite new orgs. And of course that's an X. X Ripplers. They leave and they come and say, you know what? We don't have enough AI. So think this, Jeff. Your AI agent can now build its own credit score. Your credit score is not good. Don't worry, your AI agent can go ahead and build its own. So with claw credit, agents can now access the X402 services without pre funding wallets or handling private keys. This is a game changer in my opinion. Get approved, you spend, you repay, you build reputation over time. So this can be done across base, which is you know of Coinbase and you got Solana and the XRP ledger. I love this. And let's take a look at. Break it down. There it is, the claw. Big old claw with a credit card. Build trust, unlock credit, grow agents. Let your agent earn its first agent native credit underwritten by T54's agent native risk engine. It's pretty wild, Jeff. This is pretty insane. 4386 active agents and pre qualifying nodes. 21 $526 total credit extended so far. They just announced it today. So that's the kind of credit you have. And then you've got in it here first.
Jeff
First on otc.
Chip
That's just, just. So here's how it works. You get an invite code like that, enter your email, you basically install and send Skill MD to your claw agent and then you configure it with your invite code. Then your agent applies anonymous autonomously. It calls the skill to apply for a credit line and then it spends it on any X402 service. You earn rewards, you Strengthen your credit profile through thoughtful usage. Timely repayment to gain access to additional invite codes and earn higher rewards. This is a really awesome idea.
Jeff
Holy cow.
Chip
It was never even on my bingo card. I wouldn't think about agents getting a credit score like agents doing stuff. Great. Agents go into your private keys and spending your money great. But doing its own autonomously, huge.
Jeff
And making sure I like that.
Chip
That's the skill right here. I mean Jeff, you and I know about mds. We dot mds because we're using them on all the stuff we're building. But if you guys don't know, MD is just markdown. It's just puts you with the slashes and the little. That is. It just puts it in a language that the code can understand. Essentially you can read through them because it's easy enough to see what they are. Integrations that unlock instant credit. Look at this right here. They got something called identify very. There's your verify the human behind your agent with World ID. You receive $5 in credit. No pre qualification human verification, civil protection. Then there's lobster cash get $5 instant credit fund. A wallet get instant cash. Man, how much better can this be? It's really freaking phenomenal.
Jeff
It's insane. I can't believe it. I'm just blabbergasted down. Get over it. An agent running around with credit so you build up your credit profile so that the agent can go out there and do its thing. That's pretty cool.
Chip
That's wild.
Jeff
Trying to think of all the potential use cases. If you have an agent running there, building rep. I guess you got to buy, build reputation. But if, if you're spending and it's pulling out of your account, does it need reputation or is it like what, what, what could the possible use cases be for an agent to go out autonomous, autonomously and use its own reputation and credit to go acquire things like what. What is it doing specifically that that even needs to happen?
Chip
Or what is it doing now compared to what it's going to do in the future? Right. What things is it going to purchase for you? Like imagine that like you can imagine like you know, you know, whatever it is, things you need around the house, all kinds of stuff you can, you can just basically drop a command and let it go out there and do its, you know, apply for loans, whatever it's doing. It's pretty remarkable. But again, we're getting into this agent economy where agents are going to be doing so much more. And blockchain is perfectly, really suited for agents in my Opinion. It's like really kind of the perfect application. I mean you'll see people use it outside of the blockchain area and these agents probably will do more or you can go do more places. But wow. How, how freaking amazing is this? I just, I love it, man.
Jeff
I think about, you know, just from the, the agent perspective, forget about AIs now entered into your vehicle. So if you're using Android Auto or if you're using the, the Apple, the Apple version of it, whatever it's called up or I think it's CarPlay. It's amazing because right now Google just rolled out over the past couple weeks, wrote out Gemini, Gemini is now connected in your car. So now you're having full blown conversations with Gemini, the previous version of Android Auto. A little clunky. My previous truck, I had Android Google and everything was built into the ecosystem. My current vehicle somehow got it separated out. You still have the Android Auto and the wireless access to it, but it's just layered on top of the existing ecosystem of the vehicle. So it's a module. So today amazingly they rolled out an entirely new platform was announced yesterday. So they started trickling it out today. And so now the new. If you have embedded Google in your vehicle and you'll know if you do, if you have Google Maps native to your, to your screen without going to Android Auto, but now it can access your front camera of your vehicle and somehow it's, it's going to change your whole experience because right if you go into a Tesla they have all the sensors and everything. But now if you can use Android Auto and you have a front camera on your vehicle, can visualize what's happening in front of you and it's integrating that into your mapping system. But now you have full blown conversation. It's the craziest experience talking to the AI even just to pull up maps and then it, you can ask it questions like what's the next turn coming up? And it's giving you prompts and it asks you feedback. I mean it's, it's a weird experience. It's very weird.
Chip
Interesting. Yeah.
Jeff
Now you have an agent, we have
Chip
Apple CarPlay in ours. So you know, it's, it's pretty much, it's great. You know, I mean I, I use, I'll sometimes get, if I'm on a long drive, I'll get into a conversation with back and forth with AI records, everything. Does the whole thing just get into like a brainstorming session type of thing? Which is nice, but yeah, it's Nice to be able to tell it to use maps and all that kind of stuff. It's gonna be great. Look at this. He's there. Our side's here, man. What up? Our side, of course, we met and we. Well, it's funny because we saw each other in New York and then we were. We also met in Australia, man. I'm guessing you're probably going to be in New York again for swell. We got to get our tickets for swell, Jeff. We got to do that. Got to take care of that. And then look at this. This guy is. This guy. Here he goes. Here's my wallet. His bitcoin wallet locked nine years ago, dude. Nine years ago. His wallet's locked. But check this out. Check this out, Jeff.
Jeff
He's got credit.
Chip
No. Holy effing. Omg. Claude just cracked this. Thank you, Anthropic AI. Thank you, Dario Modi. That's the CEO. I'm naming my kid after you. So look at this right here. Let me check. BTC recover. Actual second pass decryption. Ran two commands. Let me use BT cover directly with your dump dash. Private keys to decrypt. Ran two commands, found the bug. The password is passed. Shared key and password concatenated. Ran decrypt with the correct BTC recover algorithm. Shared key and password, private key is decrypted. Let me convert to WF form format and verify addresses. He said, I tried like 7 million trillion passwords. I mean, dude, if you got your stuff and it's locked, you're gonna try and try. I still try. Thousand XRP on a wall and I keep. Oh, I might be this. Yeah, everyone. So he said he tried like 7 trillion passwords. Laugh my effing ass off. He said, I found this old mnemonic a few weeks ago that ended up being the old password before I changed it. Thought I was screwed. Last ditch effort. Dumped my whole college computer into Claude. It found an old wallet file with the pneumatic. Successfully decrypted. Locked out 11 and a half years because I got stoned and changed the password. Spent 250 on each. Holy f. Seriously? Shout out. Anthropic ended up being the most obvious opening ever. But I would been too dumb to figure it out. Best part of the password was lol420f the police, exclamation asterisks, smiley face. I mean, it's so funny because I looked at his wallet. I mean, he's already moved it. But of course he would be saying all this stuff unless he moved it out of there.
Jeff
But yeah, Right, Exactly.
Chip
Last PO tweet. Mute muting. Ask Claude to summarize the recovery efforts. Too long to read, but it tried 3.5 trillion passwords and none worked. Ended up matching an old seed phrase found in a college notebook with an old wallet file that.
Jeff
It's amazing that it can do it. I was talking to somebody today and he's building out a program and had to access equipment and the. The manufacturer of the equipment has things hidden. And so he was able to successfully put a file on the computer that. And Claude went through and ran, ran through every file in the computer until it figured out where the hidden files were. And then he was able to access the content that he needed.
Chip
I'm telling you, man, it's. It's miracle man. If you guys aren't using Claude code, what's stopping you? My God. I spend all day on it today. Coding, doing stuff, building. Jeff and I are building stuff, man. It's great to be. Have an idea for that. Great. Build a solution. Done. I've been building an app that will be on the app store. I found a competitive app that was making 200, a little over 200,000amonth. I'm like, great. My only needs to make my. My app only needs to make 10 to 20,000. It does all the same stuff. It's got better features, it's priced better, and it's going to be a stellar little app. So I was like, you know, how many, how many of these apps can I make over the next year, Jeff? Five, six, seven? Even if they're all making two to five grand a month, you know, make it one, sell it many. It's insurance model where it's fantastic. Now we all have access to this. You have an idea like, hey, I wish I could do this. Hey, I want to build an XRP ledger. Great. Have Claude go read all the docs, tell it your idea and let it build it for you. Stop sitting around wondering like, oh, I wish I could find developer. You don't need a developer, dude. You're. You are the developer. Your idea, your business skills, you take care of it. You are the one who wins. And so I thought this was interesting. You remember Hodor? He's always, he's always wrote a lot of articles.
Jeff
Didn't he leave and then he created?
Chip
He did. He. He left and he came back. He's gone for like three and a half, three, four years, whatever. Yeah, and then he came back. It's funny. So I engage with him. He likes my stuff, I like his stuff. Movies but this is interesting, Jeff. He wrote this. Take the stable coins will destroy tradfi. He goes on to say that traditional finance had a good run. But like the advent of the Internet based banking, the new tech marvel is waiting in the wings for an inevitable disruptor. It's not something flashy like AI. It's a simple concept of stable coins. They unlock micro payments. When's the last time you paid someone.003 cents for something? Answer.
Jeff
Tried micro payments before though.
Chip
You haven't. It's not your fault you can't. Traditional payment, Rails, Ach, Swift, Visa, carry transaction costs that make micro payments economically unfeasible. Sending 10 cents through a bank costs more than 10 cents to process stable coins. Eliminate that constraint. Pay per article journalism, pay per streaming machine to machine payments. But again, Jeff, what's different here is he's talking about doing this with stable coins where it was not. Where it was not possible. I can remember what was the, what was the one that Stefan Thomas had that he won? We.
Jeff
That's what I'm saying. It. What was the name of that, that platform that everybody. You're writing blogs and I can't remember,
Chip
but it was just too early. Again, he was too early with it and it was XRP based, where this is stablecoin based. So he's saying like you couldn't possibly stream micro payments, but you can with stable coins. So he's saying that crypto rails are dirt cheap. Nobody owns them. We all pay for Visa's network. You do, merchants do, everyone does through their interchange fees. He says crypto infrastructure is financed differently. Layer 1 protocols like Zaha and Solana fund their networks through validator incentives baked into the protocol itself. The cost isn't heaped into a corporation that then multiplies it before charging the consumer. Instead, it's distributed across the network infrastructure. He says competition between validators drives the cost towards its floor. And then you look at, look at the stable coin arena here. You know, you got tether, USD coin, USDC, world liberty, which is. That's Trump's coin. You got first digital ripples, the number top five. How did ripple get ahead of PayPal and die and sky. Oh, sky dollar, there's another one, the global dollar.
Jeff
So we're talking about market cap.
Chip
Yeah, but it's market cap. But still, I mean you're talking about something so new for ripple.
Jeff
Oh no, Ripple's ahead of market cap.
Chip
Result, transaction fees are fractions of a cent. So he's saying central banks want stable coins. Customers already know what they want. People want to be paid immediately for work done. So he's basically saying that this model is going to probably open back up again, but it's different this time because it'll be based on stable coins. And again, especially if it's multiple stable coins, let's just take the top 10. It's gonna. It has a chance to succeed where before it was siloed. Right. And I think that he's kind of right about in one way. The credit card processors, of course, they know that, Jay. They know. Visitor Visa said its settlement pilot for stable coins now supports nine blockchains and has reached the run rate of 7 billion a year. Company announced on April 29 that added ARC Base, Canton, Polygon, and Tempo for a pilot that already used Avalanche, Ethereum, Solana, and Stellar. But no, no notice there's no XRP in there. Xrpl.
Jeff
Well, it should be.
Chip
The annualized settlement run rates up to 50% from the prior quarter. Future belongs to better technology. So it's good. I think. I think he's right. I think the time is finally ready for this. Here's another fun thing he says, you know, Kodak didn't lose to a better film company. Blockbuster didn't lose to a better video store. They lost the technologies that made the old model unnecessary. Traditional. Yeah, you just. You obsoleted yourself.
Jeff
It's like the bug, the horse whips. Horse whips went relatively obsolete.
Chip
Those guys, the sail makers. That was before power boats came out. They. They were kind of pushed out of work. They're like, oh, my God. The whole boating industry is collapsing. And the phone. Yeah, there's always. There's always something to kill something that's going to kill something. Look at this. Descent wallet announced some big news. The XRP alliance is here. The XRP ecosystem finally moving as one inside a descent. I don't know if you guys have a decent. Curious. Do you. Anybody have a decent wallet? If you guys do comment, please jump in there and comment. I'm curious to have a couple questions for you. How you like it?
Jeff
You have a decent wallet. I don't have a decent.
Chip
I don't have a decent wallet either. No.
Jeff
Well, it's probably decent.
Chip
It seems decent. It's a great thing to make. These. Is it decent or decent? Decent. That's probably what they meant. It's a decent wallet. It's these. It's all right. It's pretty decent. So here's the first four partners, Jeff. They've got Flare Networks, Squid, Router, Doppler, and Banks. Official Never fold. Stay unified. And here it says flare networks. Flare smart accounts. Bring XRP and institutional grade vaults directly from your decent wallet. One flow, no manual bridging, no gas. Fully self custodial. Similar to the Zaman wallet. Cross chain swaps bring XRP or RLUSD home from any chain. Good stuff, man. There's so much innovation. It's finally like this year seems to be the year of innovation. Agents. So much stuff, cool stuff happening.
Jeff
So check it out.
Chip
Decent.
Jeff
It's pretty decent. Yield payments, D apps, swap. You can get it right now. Join the.
Chip
Wow, this is a good point. I gotta get off my damn. My damn. I still have a ledger. I gotta move that. So how do you like it, man? You. You recommend this wallet though? Because I use ledger. Do you like decent as a wallet?
Jeff
Look at xrpl Korea, how big it is compared to everything else. Everything else. Look at that.
Chip
Well, if they made it small, it wasn't readable. That was part of the problem. Yeah, it's. You know what they did? They matched the height. No, they didn't. Because everything else.
Jeff
You're right. That's, that's. You can barely read flair.
Chip
Yeah. I'm curious how you like it, man. Want to hear like some thoughts about the. The wallet itself? It looks like a pretty decent one. I mean, quite honestly, you know, it
Jeff
looks like an old MP3 player.
Chip
Yeah, it looks like the old original ipod. Remember that? What was that thing? The one you clipped on. Looks like that one. The mini little ones.
Jeff
Those little mini ones, those were great.
Chip
So it looks like it had a little flywheel on it like that. That's nice. How much do they cost? Losing me with the black background on. Get away from this stuff. It's impossible to read this.
Jeff
Oh, there it is. Three. Oh, I'll say. $3,000.
Chip
All right, so there's the biometric. So it does what, thumbprint or something?
Jeff
60.
Chip
I like this. That looks nice, man.
Jeff
Biometric. You can get two for 239 or one for 139.
Chip
That's decent.
Jeff
But wait, but wait, there's more.
Chip
There's. Of course, never fold. Stay unified. I like that. Diamond hands. All right, I think he might have left. He's not answering.
Jeff
He left.
Chip
He's lost. He's gone. He's gone. Then they put this one up. Just a little bit of a poll. I was going to say. Let's. Let's fill it out here. The XRP alliance is loading. First four partners drop their in in two hour. You held, you stacked. You believe which Unlock did XRP need most? Xrp, phi, fiat, the crypto yield in the wallet or any chain swaps. Which one you think it is?
Jeff
Which one did it need the most? I would say xrp, any chain swaps.
Chip
Oh, well, you've always had any chain swaps. I think XRP5 is the one that I would choose.
Jeff
Let's see. Click.
Chip
What did XRP unlock the most? I mean, if, if you're dealing with just xrp, then maybe it is swaps, right?
Sidney Powell
Or.
Jeff
But yield and wallet itself need the most.
Chip
I think yield and wallet, because you don't have to move your exorpedic or in yield.
Jeff
Oh, if you can get yield in wallet, that'd be interesting.
Chip
Well, that's Zaman. So Zomban has that. You just. You can. You don't have to move your xrp, you custody it, you're in yield.
Jeff
I think it's any chain swaps. But because you can't, you can't swap with any chain.
Chip
Well, the xrpl you can. But does xrp? Well, I guess XRP in a way does unlock that. But
Jeff
yeah, the unlock needed xrp.
Chip
Okay, so he says he does prefer it over ledger. It's like it's biometric for convenience. The app's easy to use too. 9 out of 10. Okay, cool. So you have biometric, I'm guessing like a fingerprint to get in there. What if that screws up? Then what? Well, you got your seed phrase, but can you put multiple people on it like your trusted, you know, partner or whatever? Like that, or family member in case you check out early.
Jeff
I like the idea of the fingerprint.
Chip
Yeah, the biometric's nice. Yeah, that's cool. So you just put your fingerprint on there. It reads it so you're not sitting there put putting that code in freaking. I gotta get my off the ledger, man. I really gotta do it. I gotta just. Maybe I'll order this decent wallet. I gotta find out where it's from. When I did all that wallet research back when they were all sort of like an arm's length from China, I was like Singapore or Taiwan, you know what I mean?
Jeff
Where do you think it's from? If you were to guess, where do you think it's made?
Chip
Somewhere in Asia.
Jeff
Based on what we just saw?
Chip
Singapore.
Jeff
A hint. The hint was in the scroll.
Chip
In the scroll. Did I miss it?
Jeff
When we were watching the scroll go by? The hint was in the Korea.
Chip
Dude, it's from Korea.
Jeff
It's from Korea. Look at that.
Chip
They put their name the Biggest Korean. There you go. XRP Korea.
Jeff
It's in Gangnam. That's cool. I was there. I like Gagnam. That was a cool area style. They have the statue of the hands. Everybody goes there and takes videos themselves dancing.
Chip
Still one of the greatest videos ever.
Jeff
I think so, yeah.
Chip
All right, so moving right along here, a cool website. Sweet yellow. Put this out, Jeff. Flair become dominant XRP5 chain with 457 million TVL and 3.4 million FXRP transactions. That's a lot, dude.
Jeff
Ah, 3.53.
Chip
Do you think that's a. I think that's pretty, pretty cool.
Jeff
I'm happy to see it.
Chip
Tell you what I mean, that's. I mean for 457 million, total value locked. That's a. That's pretty solid, man. It's pretty solid.
Jeff
I think it is.
Chip
I think they had this whole article on it right here. This whole thing. It hits $457 million and then I have a feeling a lot of stuff's going to take off after Clarity's done. Tokenomics shifted flare. I mean it's, it's cool that yellow's covering this and their yellow media. Kind of like that crypto. Eddie, put this one up. This is compliant confidential compute for on chain finance. With coming real world assets plus XRP playing a major role has arrived. The brand new account Encrypted Phi is your top follow. And of course, boom, we're going to follow it. There it is. There it is. Encrypted Finance full stack privacy on where, Jeff? On flare. Look at all the stuff that's happening on Flare. I like the full stack privacy. That's beautiful. Beautiful. Cat analyst says love it, love it, love it. That is pretty very hip.
Jeff
But the question is,
Chip
Is it risky? Is it risky? Oh, it could be, John. Everything's a little bit risky. Everything in life is risky. You gotta.
Jeff
Everything's a little risky.
Chip
Thing is a little bit risky.
Jeff
A little bit risky.
Chip
There you go. This Flare. There's our pal Flair Eagles coming out. We just gotta still arrange it. I gotta, I gotta ping him again. But he said he was gonna come on. We're gonna have a great interview with him.
Jeff
That's right.
Chip
It's, it's, it's just lovely. I just love what they're. They're up to some good big things here, man. Big privacy layer for public. Wow. Is that about on the 240th follower, Jeff? It's pretty early days. Here's one it says executed the first private transfer on Flare. Network's test NET powered by T1 of the first. Both the sender and receiver are hidden alongside the amount just the token shows and our platform relayer wallet which submits all transactions.
Jeff
Ah, interesting privacy.
Chip
That way nobody can. Nobody can find you on chain, so you're actually transacting. There it is right there. Look at that. Obviously they only sent two fxrp, but doesn't matter. It's the whole idea of the. What it does. It's fantastic.
Jeff
Man, that's needed for banking.
Chip
They're so busy, they didn't even put the logo or the thing. That's how new they are. Why didn't we think of that, Jeff? We have to. We always rush to. To make a whole thing.
Jeff
We make the whole thing. We just.
Chip
There's no tease at all.
Jeff
I mean, gray with a little bit of. A little bit of an icon. That's Their background is gray. Sweet. I like it.
Chip
Jeff, take this one. You remember we met Scott Chamberlain. He spoke at the first XRP Australia, right?
Jeff
Oh, I do remember Scott.
Chip
We introduced him on stage. He's with.
Jeff
I do remember that Evernode being that we introduced everybody.
Chip
Yeah, go ahead. Yeah, of course. Well, that's true too, but go ahead and. Go ahead and read this one, Jeff. Take this one.
Jeff
This is now Scott's posted this just like 18 hours ago. So from Evernote. Over the last several months, I've been using AI agents to understand AI agents so I can build AI agents on Evernote for AI agents. So such as the world we live in, I guess finally watched the stage of having work worth sharing. Finally reached the stage. So I think that that's intriguing because Chip and I were just talking about that before the show, how we use CLAUDE while we're talking about the agents and we're talking about Claude chat and CLAUDE code and how we have the conversation with Claude trying to figure out how to prompt CLAUDE code. And then if you go into ChatGPT, you can ask it to create a prompt to prompt itself. And you prompted another chat where you create the prompt and then just feed it to generate the prompt. You're having these weird conversations with AI and AI gives you the answer. And a lot of people don't think about, maybe I should just ask AI what I should ask it.
Chip
This is good info here. So, yeah, it is a thumbprint for the decent wallet, but it's not 100. Says he has three of them to mess with.
Jeff
Okay.
Chip
None of them. He didn't remember the thumbprint, but that's just for convenience. You still have a pin which is great. You still want that pin, right? So it's not like, oh, the thumbprint doesn't work well, sorry, Bricked. Yeah, it's like, yeah, the HAL 9000. The original agent Smith. Yeah, that's right.
Jeff
All right, so Scott. Scott continues here the agent. You can have autonomous autonomous agents to Evernote instances by deploying a lightweight demon outside consensus that connects via an API to a bigger brain LLM for heavier work. This CPU Demon GPU LLM is where things seem to be going. It's a really cool split and it's a really. It's amazing that you can start hosting stuff, you know, at your home. I think there's more and more. I was reading an article about new homes being built, and they're building servers into the homes again because people want to start locally hosting things, especially with all the AI and the autonomous. The autonomous agents that will be inside the home, you need to have. You need to have the network in the house.
Chip
As soon as you install it, it's going to be obsolete. Exactly.
Jeff
$10,000 by the time you buy your home. Because by that time, it's already six months past. That's the, you know, the build date. And they probably.
Chip
Oh, look at that. It's old. It's old.
Jeff
I can't. I can't install my agent now. It won't keep up on this hardware. Too bad. I think there. So number two, identity. We can use a registry hook on Zaho for the owner to register their agent. This lets everyone, including all other agents, know who is who in the zoo in the same way, IP addresses.
Chip
Sorry about that, Jeff. I. I hit the wrong.
Jeff
Pretty good. I can't remember all. Whatever was there.
Chip
Sorry about that. I was like. I was DNS trying to click another one and then I clicked up a mistake. I was like, damn it.
Jeff
That's all he said.
Chip
Doesn't matter why, dude, why? There it goes.
Jeff
Chip has it open. We're reading. So it's same way IP addresses and DNS lets the Internet function. So I think that's pretty cool. I really like this whole concept. And now with memory, you know, it's impressive too. As you're working on, you could be in Claude, you could be in Hyper Agent. Whatever you're in, you put what you want to put in there, walk away, shut it down, go to a different computer, log in later, and it's still working on your message and it'll prompt you to respond. So, you know, typically you're like working on something like, oh, I can't close the browser, because I'll lose everything there. It just, it's running in the background and I remember, yeah, that's the memory, you know, which is really cool. But here's memory. When an agent registers, it remits a URI token to the hook. We can use encrypted remarks on the URI token for the agent to checkpoint. Save its state. That's really critical. If you're building something, make sure you're checkpointing your work. This gives the owner a way to recover state and f redeploy the agent. If the instance ever fails, you get a checkpoint. You keep making changes, it fails, you have a rollback point. Just like Windows or some of the other softwares. You have a checkpoint. Typically it's way too old. So here, just make sure you're creating positive checkpoints along the way. Then you give an auto program as you're doing stuff, so it builds it in and auto designates a commit or a checkpoint, you know, to save your work. This is all good. I never even thought about, you know, using it this way.
Chip
This, this is what I love. It's like you, you think like, oh, what could I do? And then somebody comes up with like a different purpose and you're like, ah, that's why as much as you can ingest, it just, it's like a, it's like a strange. Yeah, it just feeds your brain. You're like, oh, that's some cool. Like, you know, everything. Things you thought about, maybe things you didn't necessarily think about. Pretty, pretty, pretty fascinating, Jeff.
Jeff
But it kills me too, because now, you know, as I'm feeding code, I'm creating images, feeding code into hyper agent. I created a business anal analyst hyper agent. And I created a presentation builder agent. And so I'll go to the biz business analyst and I'll say, I need to write, but whatever, whatever. Need you to review it. It gives me the prompt, then I feed it into the other agent that's creating the presentation. Give it some images, give it some tech, some concept. Maybe I'll even put the prompt over to Chat GPT and pull that back in to make sure everything's written succinctly pour it back in, and then boom, it's creating presentations. Then I look back and I'm like, man, it's been a half hour. Why isn't that Damn presentation done? 14 slides.
Chip
Yeah, it's not funny. Like we get. So I had Claude do this research that was like hundreds of pages and I was like an hour. This is, this is Ridiculous.
Jeff
You know, if you heard my conversation with Chat GPT earlier when I was prepping for the show and like, organizing everything and I fed it everything way I was like, here's the last shows. Here's your prompt. You know, normally I'll start the session. Do you know what you need to do? We're getting ready for the show. What are the deliverables? Right? What are your actual items? What are your deliverables? How are you preparing? What do I need from you? And it go. And it feeds me everything. I'm like, great, now we know where we're starting. Now here's what we're doing. I need you to go back and review all the previous shows and the thumbnails. And here's the context, here's stuff that we're going to cover today. Now we need to start organizing. And then it feeds me. I'm like. And so my immediate response is, what the F are you doing? Type it in. You know, we just had a conversation about this. You told me exactly what you knew you had to do and what you knew you didn't have to do. Yet you delivered me what you told me you didn't have to, you shouldn't do. And it does. Like, sometimes it just. It's like, it's irrational. AI. Not all of them.
Chip
And you correct. And you're like, yeah, you're right. I'm like, of course I'm right. Shut up.
Jeff
It's. I can't stand the. The constant appeasement. But cluster, Cluster automation, we can use everything we've learned to create a cluster catalyst hook that sets rules for the instances you require the contract they will run in the economic model, if any, to incentivize the instance. Agents and others can detect the hook, spin up the required instance, sync the contract, and earn the rewards. And this is getting crazy. This new way to create Evernote clusters, it's super cool. It needs a separate threat. Now, if you don't know how to do stuff like this and you don't know what it's talking about, put it into AI. Say, I don't really understand what this is. Like, how can I participate? What do I need to do? Bring me step by step by step, one step at a time, and you put it into Claude. Claude will bring you. Okay, here's what you need to do to prepare. Here's the whatever, contextual, soft, whatever you need. You know, prepare yourself and then it'll bring you. Okay, do this first. Once you get that done, show me what happened, and let's do the next step, and then you just keep building up. That's a crazy thing, too, Chip, where you can just feed stuff to AI and say, here's where I'm at. And it asks you, well, let me look at it. Take a screenshot and send it to me.
Chip
It's the most amazing thing, Jeff. Really. It really is phenomenal. I can't tell you that, guy. You're like, well, well, can't you just do this? Like, I can, okay, well, then shut up. What am I doing manual work for? What the hell do I want to do this for? It's like, yeah, go open this program. Do this. I'm like, well, can you do it? Yeah. All right. Give me the prom. Shut your mouth. I mean, what.
Jeff
I know.
Chip
Why are you having me work? You're supposed to be working for me. I don't work for you. I tell you what to do. It always wants me to knock off early. Oh, you've accomplished so much today. Like, two hours into the day. Shut up. It's been a long day. And it goes like. This is day 14. This is going to take three to four hours. It's done in 40 minutes. I go, you know we're using Claude code for this. Oh, yeah, okay. I'm like, can you put that in your memory? Can you remember that? Because you seem to have some failures over here. Doesn't seem like it. Doesn't seem like they can remember it or something, Jeff. I don't know.
Jeff
There's certain things that doesn't remember.
Chip
Yeah, it just. It has a hard time with things. I don't know.
Jeff
Earlier, I fit in the project. I fred. I fed the document. I said, here's a new document. I'm uploading it. There's a graphic in here, and I need you to use this concept when you build up. And then I wrote in. Okay, the document is now uploaded. You can see it there. All right, and here's what we're going to prepare. Its response was, well, as soon as you upload the document, let me know. I'm like, you already acknowledged that I uploaded the document. Why are you now asking me that? When I upload the document, I've had
Chip
it say, after it's read the document saying, oh, I can't read the document. I'm like, well, you read it, like, six commands. What are you talking about?
Jeff
Exactly?
Chip
Like, has zero recollection. Here's Brian Armstrong talking about clarity.
Brian Armstrong
Hey, everyone, Brian Armstrong here. I'm back in the Senate office building in D.C. in anticipation of crypto market Structure legislation going to markup on Thursday, which would be a historic moment and the energy here is just palpable. So first off, just want to say a big thank you to the Senate and of course their staff who have been putting in countless hours to get this bill to a good place. I don't think it's ever been in a more strong position and more bipartisan position. And I also want to thank the 3.7 million stand with crypto advocates who have made their voices heard to get this legislation to where it is today. Now, there were a number of open issues that have now made incredible progress. Stablecoin Rewards was a big one. You know, I think there was a healthy compromise there brokered by Senators Tillis and also Brooks. And you know, it was a good compromise because both sides left a little bit unhappy, but at least we got to a place that we can all live with. And then of course the other issues which I mentioned in my expost back in January that were problematic in the prior draft, things like defi and tokenized equities and CFTC authority, these have all been improved and fixed from our point of view. And so the bill is stronger than ever. It's bipartisan, it's ready to go to markup. And I'm incredibly bullish on what this could mean for American innovation and ordinary Americans benefiting from this technology. So we'll keep you updated and keep fighting the good fight.
Chip
The good fight. You keep fighting the good fight.
Jeff
Keep fighting, Brian.
Chip
Yeah, come on, Brian. You just keep fighting like he's, like he's like carrying it all on his back. Thank you. Brian Armstrong. You covered the sec, you bent over and you did all that. But here we go. Look at Garlinghouse said the Senate Banking committees putting in the work as it moves the Clarity act forward. Incredible leadership. Millions of Americans are already in this market. Ripple stands behind this bill because they deserve the same rules protections as every other asset class. If the largest economy in the world is going to lead on crypto, and it must, this is the moment. Let's get it done. That sounded great. That sounded really great, Jeff. Until I read this.
Jeff
Read what?
Chip
I'm calling her Ellie Downer because excited about this he says following the submission of more than 100amendments. Jeff. To the Clarity act by the Senate Banking Committee members last night. Fun. Defi is tracking what it describes ID5amendments.
Jeff
What are they doing looking any further?
Chip
Who do you think is behind the anti Defi amendments? Take a just a wild guess like who could possibly be against.
Jeff
Not, not The Democrats?
Chip
No, of course not. No. It's the anti everything Democrats that says it would harm DEFY technologies users and developers and it's urging supporters to lobby senators against them ahead of tomorrow's markup. According to def. The amendments come from Democratic.
Jeff
Of course I'm gonna find them.
Chip
Catherine Cortez Masto Democrat Andy Kemp, Democrat Chris Von Holland, moron Democrat Senator Warren Bigger more on Democrat and Senator Jack Reed. The the haters of everything collectively target core D5 protections in the bill according to block including the Blockchain Regulatory Certainty act, the BRCA protections for non controlling software developers, D5 front ends, tokenization provisions, expanded BSA AML obligations for developers and digital asset businesses. So I was like not so fast. A hundred amendments. How do you get through that markup by tomorrow for. I mean I don't know. It seems like it's. It seems like they're just gonna hold it up.
Jeff
It's crazy. Trying to see if there's any way we can get some view on. Here we go.
Chip
Let's see.
Jeff
Buys draft. I can't find any of these amendments. Where the, where do the amendments go?
Chip
I don't know, Jeff. I don't know where it is. All I have to say is this.
Jeff
Where are these hundred amendments?
Chip
Sometimes don't even bother looking at it because it could change. They could get it wiped out today. We don't even know what they are tomorrow. Like Chad said, the hearing is going to stream live. We'll see what happens. I'll tell you what I like, Jeff. I like companies and organizations that can put together a slick ad for their company and base it on real world events. This is about the Clarity Act. And look, look how well this is done.
River Bank Advertiser
Bank kept sixteen hundred dollars from you in 2025. You probably didn't notice. Now multiply that by millions of Americans, that's over $433 billion in interest the banks kept. Your money goes in. Banks put it to work. They make record profits. You get almost nothing in return. And when they blow up, guess who has to bail them out. So what are you supposed to do?
Jeff
Ask politely?
River Bank Advertiser
Wait. Accept that this is just how banking works. Or you could put your money where
Jeff
it works for you.
River Bank Advertiser
On river. Your cash earns 3.3% paid in Bitcoin. Earning bitcoin gives your money even more room to grow. And it's just as easy as how you bank today. You can get paid, pay your bills and access your money anytime. Start banking with Bitcoin on river.
Jeff
Ooh, I like it.
Chip
That's a slick ad, man. That is.
Jeff
I like it. I'm in.
Chip
That's a 3.3%. You're like. And paid in Bitcoin. So 3.3% could be 5%, 7%. Right? I mean, at the equivalent of. But I thought that was such a well done spot, Jeff.
Jeff
I like it. I like it.
Chip
It's like for once you got something that's just so spectacular, man.
Jeff
See if we can find this river. River bank. River bank and trust.
Chip
Yeah.
Jeff
Riverbank biz. Which one is it?
Chip
Let me look here. I will go to river.
Jeff
River.com is river.com. yeah.
Chip
River calm.
Jeff
That's crazy. There's a whole bunch of these rivers. Too many rivers. How do they get river dot com? How do you get that name? That's insane that they're able to get River.com. they must have paid for it.
Chip
I don't like those websites that are dark like that. Yeah, put it up there.
Jeff
It must have paid in bitcoin.
Chip
Must have paid in something. Hey.
Jeff
In bitcoin. Invest in bitcoin with confidence. Look at that. Can't even read that right there. Build wealth with bitcoin. That's pretty cool.
Chip
It's a great idea.
Jeff
Banking proof of reserves. Level up your future. Earn 3.3% on cash. FDIC insured cash and bitcoin proof of reserves. Look at that. There's a bitcoin proof of reserves service you can count on. Start investing in river today. Refer people and you can make a hundred bucks. You know what? We're going to start putting referrals up. We're going to start earning a hundred bucks for everybody. Bitcoin interest on cash. Bitcoin investing. Nothing here. They need a river XRP maybe. But then, you know, you're not getting 3%.
Chip
That's a good point. Yeah. What, what to do, what to do ultimately, bitcoin investing. What can you possibly do, man?
Jeff
Use your bitcoin.
Chip
What a fantastic idea, though. I mean, this is how you. This is how you put together a good spot. And then people get it because they're like, oh, yeah, I hate that clarity act once I'm ever going to pass. I don't know. I don't know, man. Thinking it's going to pass tomorrow is advantageous. It's like really wishful thinking. I don't think it's going to pass, man. But you know what this calls for, Jeff?
Jeff
Be some problem. It's gonna be a problem.
Chip
You know what it calls for?
Jeff
What? Margaritas.
Chip
Yeah, margaritas, baby. Turning all our Soundboard into real files. Margaritas. That's what it is. One more time.
Jeff
Margaritas.
Chip
Margaritas.
Jeff
Margaritas.
Chip
That's fun. You're hitting the margaritas switch in the back row.
Jeff
Margaritas.
Chip
That's even.
Jeff
Add that to the video.
Chip
You know what the other question is? Is it delightful? No, it's not delightful.
Jeff
It's not delight.
Chip
It's not delightful in the least. It's not even. Because only in a press release would you say, I'm delighted.
Jeff
Not delighted.
Chip
I'm delighted to learn something. But look at this. This is pretty delightful right here. Look at These. E XRP ETF net assets reach all time high. 1.16 billion in net assets. Look at that. Now, only if that was our xrp, Jeff. If that was our bitcoin. Bitcoin's getting there again. But man, I'm. Look at this. Boom to the moon, baby.
Jeff
Look at the bottom. Look, here it goes.
Wesley Hunt
Bam.
Jeff
It hits the bottom.
Chip
There it goes. Hockey stick. Boom. Catch it right up there. Always amazing. The growth comes after XRP ETFs recorded daily net inflows. High of 25.8 million on May 11th.
Spencer Pratt
Wow.
Jeff
I didn't even know that. I missed that. I missed it.
Chip
So, yeah, speaking of it's. We're gonna do a political shift over to the geopolitical stuff. Check this out. Sean Davis posted this breaking. Notice has been given to the Democrats in the Tennessee House that all members in the Democrat caucus are being removed from all standing committees and subcommittees as a result of their behavior. We played that on Saturday, dancing around and screaming and twerking on the tables. And redistricting debates last week, which were included setting fires inside the Capitol and attacking law enforcement. You know what I say F around find out. That's how it works. Jeff, you want to make.
Jeff
I'll tell you what, I'll tell you what. Yesterday I had a guy come in, talk to our. To our group. He's up in Zephyr Hills. Drove down from Zephyr Hills, he's running for CFO of Florida. And comes down, the guy, this guy, coolest looking guy, right? He had military background, all that stuff, police enforcement. He owns a business now in multiple states. The guy comes in running for cfo. The guy's black suit on, right? Cowboy boots, Stetson, cowboy hat. He's got the three piece suit, he's got the chain watch like in his. And a beard, like down.
Chip
I knew you were gonna say beard. I knew that was coming.
Jeff
Long. Long.
Chip
Did you call him Text Tax? His nickname is Tex look at these numbers here. Here's the 2028 national GOP primary poll by Atlas Intel. So they got Rubio with 45, Jeff. There's no surprise there. Advance at 30, DeSantis at 11, Vivek Swami at 1. Scott at 1%. Tim Scott, you got Abbott, the governor of. Of Texas, Kemp. Who's Kemp?
Jeff
I don't know. Which camp are they talking about?
Chip
I remember Jack Campa. Who's the new. Whose camp? Who's a Republican camp? There's a new camp that I'm not aware of. And Trump Junior's port 4%. Now get ready for this, Jeff. Don't laugh too hard. This is a real poll.
Jeff
I'm loving Ruby.
Chip
This is what you have leading the 2028 national Democratic primary. AOC is a 20%. Please, God, let her run. Butt plug. Buttigieg is at 22% and New Scum is a 21. I mean, they're all pretty even and they're all pretty. I mean, why, Jeff? Why? These are the leaders news. I mean, and new skins run the. The most. Oh. Oh, that count. Okay, good. Thank you for that. I was like, I was thinking, what camp? What singing A Jack camp. I'm like, which castle they think they're
Jeff
going to run aoc.
Chip
She's elite. In. In other polls, she's even higher. That's crazy. After she just said that the reason for the. The reason for the Revolutionary War is because we were trying to get away from billionaires.
Jeff
Yeah, that's what it was.
Chip
That's ex. She said some kooky things. She just sits there and makes it up like it's not Fiction Hour. It's like people are looking for, like, real stuff. And sometimes, you know, I think Speaker. This is a real quick one from Speaker Johnson, but I think he nailed it. What's going on in the US Right
Speaker Johnson
now, The way I describe it in summary is that there are little mini Mom Dominis popping up all around the country, okay? And they're. They're openly avowed socialist Marxist ideology. This is something that we have never seen before in American history. The Tea Party reset in the Republican Party was about fiscal responsibility. This is about moving away from a constitutional republic to a communist utopian ideology. And that's a dangerous thing for the future of the country. The problem we have is the insurgent left. The far left has all the energy and excitement and the money in the Democratic Party. This is not our father's Democratic Party anymore. They're going far, far left and no one's there to stop it. And that's a dangerous thing.
Chip
Let me correct the Speaker. They don't have any money. They're broke. Number one, they're fighting all this election stuff because they know that that's the, you know, they steal elections is pretty much how they do it. Election Trump posted this. This is an old video. I can't remember her last name. Sydney something, but this is an old video. But this reason Trump keeps putting all this election fraud stuff up, he's going to make everyone regret that it was all made up. I can't believe it.
Sidney Powell
I'm destroying evidence right and left in Georgia, in Cobb County, Gwinnett County, Fulton County. It's everything from shredding ballots to wiping machines and replacing servers. All these machines should have been impounded the day after the election and reviewed for forensic analysis. We have so many judges out there now that are result driven instead of applying the rule of law like it should be. And we have political prosecutions that never should have happened in this country. Georgia, Wisconsin, Michigan and Arizona. Those were fatally flawed. Sidney Powell's her name by massive fraud and every manner and means you can think of. But especially insidious and troubling is the machine fraud conducted through the Dominion voting systems. In fact, one of our experts says Dominion fraud was 5% higher votes for Biden across the board. Everywhere there was a Dominion machine running. And the same was true for other Democrats that were running on the tickets in those states. It makes me wonder where in the world is our FBI and our Department of Justice. And I'm frankly very concerned that this entire system was originated likely by the CIA.
Chip
I remember this is back when. During the Biden, right?
Sidney Powell
This is after 2020 and maybe even given to Venezuela years ago.
Chip
What's funny about this, Jeff, you see that? Smartmatic. So my office used to be for 10 years is right next to Smartmatic. I always wondered what. I never knew what. I never knew what they did. It was right here, as in Boca. So I never knew what they did. Like the very next, you can see right there in the back, that corner there. That was the office that I worked in. But dude, best cars you've ever like. Cars worth 6, $700,000 would pull in there and we'd walk over there and just look at the cars. And one time the guy was coming out, he was on the owners, one of the fraudsters, you know, the built. They originally built it for Hugo chavez back in 2005. And I, I just never really. And then I remember when the film crew is out there when all this was blowing up about the machines. And I was like, holy crap. Yeah. I was on Broken Sound Boulevard in Boca, and it was right next door, but I remember these guys would fly, drive some amazing cars. So it was. It was pretty. Pretty good gig to get if you had it, you know. Sure.
Sidney Powell
Seated in different places. That wound up with Venezuela, which started the smartmatic and Dominion companies. And the only reason they have a Boca Raton address here in the United States is to try to make them seem like a United States company, but they're not. They're owned, run, and were organized and created by Venezuelan dictator Hugo Chavez with his dirty money and the dirty money of the Cuban communists to ensure he won every election after it was used. One of our witnesses was a direct, firsthand, personal observer of all of that, received the briefings on how it all worked, saw it work in the control room for election after election, and has given us detailed affidavit to explain it all. There's people who say there's no evidence, just are lying through their teeth or they're deliberately ignorant or willfully blind to the truth.
Chip
Amazing, Jeff. Amazing. Yeah. So then I realized what they were really doing there. Realized what that was all about. Would have known. Unbelievable. On. It's unbelievable
Jeff
in Congress.
Chip
Yeah, I saw that. Fauci. This is. You know, TMZ tried to do a hit piece with. With Spencer Pratt, who's running for LA mayor out there. They tried to do a gotcha with him. He was having none of it. Jeff, look at this.
Interviewer
The campaign ad certainly made it seem that you were living in that trailer. It was a high point of the commercial. But you're at the Hotel Bel Air, so kind of undo that for us.
Spencer Pratt
No, to be clear, that is where. Excuse me. That is where I live. That's where Karen Bass, Mayor Bass, burn down my house. That is where I will live until I have a new house. The Airstream is a temporary facility. A hotel is a temporary facility. Where my kids are in Santa Barbara right now is a temporary housing. This is where I live as. This is where they burn my house down. So this. This semantics or the nuance of this is my. This is the consequences of their failed leadership. And again, I don't live at the Hotel Bel Air. I don't live in the Airstream. I don't live in the Santa Barbara. I don't have a house. They burned it down. That is why I got into this race, because of these people that will burn your house down and act like it's no Problem. So this idea that anyone's like, oh, he's at a hotel. I'm at a hotel because these psychopaths are messaging me every day. They're gonna kill me because Nithya Raman is calling me a fascist because I don't want people that have their kids next to drug addicts at the park or stepping in human poop when you get your matcha. I have common sense. That's not fascism. So these psychos here, I'm a fascist. And then they. They literally, like, if you would like to see the death threats, I can send them all offline where people are like, I'm going to hire people to kill you. So, yes, unfortunately, now I have a security team and they will not. Even if I wanted to stay in the Airstream would let me because there's 360 unobstructed views since there's no houses. So you can literally snipe me out from any part from 300 yards away, easily. Spencer. One sec, one sec, one sec. Not to mention the Airstream. It took over a month for LA DWP to connect a wire for electricity to it, which was three days ago. It took weeks to get the water hooked up, which was yesterday. So for these people that want to focus on where I sleep at night, first off, I don't even sleep. I get four hours of sleep because I'm fighting these corrupt fricking politicians all day long. You want to see my phone hours? I'll Screenshot it. Prices. 19 hours.
Interviewer
I hear what you're saying on the symbolism of your ad, that because of the fire, that you don't have a home. And I get that, but there's something to the point where you say in the ad, this is where I live while you're standing in front of a trailer. I think the reason that ad was so effective with voters is because you did draw this visual comparison of where the mayor lives, where Nithya Raman lives, and where you live. So you're showing where they live and then you're saying, this is where I live. Everyone saw that ad and thought, wow, Spencer Pratt has to live in that trailer because his house burned down.
Spencer Pratt
I do. I do, sir. That is my house.
Interviewer
But for the last month and a half, you've been at the Bel Air Hotel.
Spencer Pratt
I haven't been at the Bel Air Hotel for more than six days in the last month. This is all public on my.
Interviewer
But that's where you've been staying. I know you may not have actually been in it.
Spencer Pratt
No, I'VE been in Santa Barbara, where the LA Times reported where I lived and doxed me that that is where I live, period. This is la. This isn't breaking news. Even when the Airstream ad came out, the LA Times cover story is saying, no, Spencer Pratt lives in Santa Barbara. And I said, yes. Thank you for doxxing me. I sued try to sue the LA Times for saying where I actually live.
Interviewer
But did you. Are you saying you live in that trailer?
Spencer Pratt
I don't live anywhere is what I'm saying. I don't have a house. They burned it down, Harvey.
Interviewer
I. I don't have a house. Why not say that? But Spencer, that would be really effective. Why not say that in the ad, you. I don't have a home. You texted me today. I have never told anyone I lived in it. And yet in the ad, you say, this is where I live. I live.
Spencer Pratt
This is my house. This is my property. There's nothing there, Harvey. It's dirt lot. I had to have it craned into the lot. That's what people are. They. This is psycho. I only got on this.
Chip
Yeah. What people are missing here is he filmed it. He put the trailer, the Airstream trailer in front of where his house used to be, and that's where he says, that's where I live. And he goes, he doesn't have a home. So, like, that's where he lives. That's his house. But he can't rebuild it. They've issued like six or seven permits in a year and a half. They've done none of it. It goes on. They still try to do a gotcha, but he's just. He's just a really smart, you know, fast dude. And it's funny because, like, I. I kind of remember this guy, like the show that he was on. I remember Heidi Montag, his wife. And it's like I was trying to, like, guess, like. Because I was like, yeah, he doesn't look the same as I remembered him. So I had to Google him. And like, no, he's from that show. It was that reality show. And that's where he was. That's where he met his wife. And. But you look at him here and you go, like, look at him. He's like, he looks totally different. She looks exactly the same, by the way. She looks exactly the same. But that's him here.
Jeff
I don't. I don't recognize him there either.
Chip
Right, that's. That's a problem. What was the name of the. What was the name of the show he was on? What Was this called show. Let's see all here. It was called the Hills. MTV series. The hills premiered in 2006. He was the villainous figure on the show starting in 2070. Heidi Montag is begin and then caused a major rift in the cast. There you have it, Jeff. All kinds, all kinds of stuff's going on, man. Spencer Proud.
Jeff
Spencer Pratt.
Chip
It's awesome. Yeah, yeah. You know, you know what's weird, Jeff, is like the Hill that the Democrats choose to die on is funny. Like, for example, the ballroom. First of all, I don't think Trump's even going to get the benefit of enjoying the ballroom. It's for state dinners. It's. There's an underground piece of that that has a lot of technology in it. Right. You can't even. Like, the state dinner they had was all cramped. They had these long tables. It looked horrible. They made it bigger than they. Whether it was originally intended. And they just released it and said it went over budget. Meanwhile, they announced that back in October it was going to be a bit different than what they had said because of, you know, to accommodate everything. And so now the new one is these reflection pools. So now they're like, I can't believe Trump's spending money on these reflection pools. Well, here's the thing. So if we, if we go take a look at the. Here's Obama's reflection pool. Listen to this. And then we'll circle back on what Trump did.
Wesley Hunt
It's cleaned and over opened up a month ago.
Chip
Looks like nothing was done.
Karen Bass
It's real nasty.
Chip
The pool was closed for almost two years and underwent a $34 million renovation project. 34 million. They open it. This is a month after they reopened it. Three years. $34 million.
Jeff
It'd be nice if it was clearer
Chip
water so that one could reflect without seeing the algae. The first thought was, oh, that's kind of nasty.
Jeff
Kind of nasty. What are you guys doing?
Chip
I mean, this is. And again, $33 million. 33 million bucks. Yeah. And it's like, how did you spend $33 million on this thing? I don't know. I. And so Trump, I think originally it was 3 million, but now it's. It's up to like 9 million, whatever it is. But it's going to be completed pretty shortly here. I think I have the numbers here. Thirteen million. So here it is. Here's the difference. Trump versus Obama. Obama spent 2010 to 2012 almost three years. $34 million. Two plus years. Gas was 585 a gallon. The Afghan war was in its tenth year. Trump in 2613 million. Two weeks, four dollars and fifty cents a gallon for gas. I ran tenth week. Guess which one the media cried about. And the funny thing is, here's the other thing they're having a heart attack about. They painted it like the Navy. Like the blue that the flag is, right? The flag blue. You want it to be. And this is what it's looking like versus this, where it was all dingy and nasty and algae ridden. It's a reflecting pool. It should be. Should look nice, right? So they're. They're mad that it's blue now. Like, why is it blue?
Interviewer
I don't know.
Chip
They just. They just pick all. Everything can't be anti. You gotta, like, sometimes think, like, hey, sometimes you gotta kind of pull it back a little bit because it just. At some point, it doesn't make sense. And what. Jeff, you remember what we predicted a year ago that we said, as the midterms get closer, we're gonna start seeing more and more stuff rolling out. Well, here's Shifty Shift does not look so good for Shifty Shift.
House Intel Chairman
The chairman of the House Intel Committee doesn't have declassification authority over these types of documents. They are made available to Congress under very tightly controlled rules. This has been a source of tension for years, and members of both parties have gone out of their way to assure that this material would be closely held and not weaponized. Schiff was viewed as one of the most political chairs of that committee in its history. And this is a truly chilling account, if true. Now, when I first read it, frankly, I was taken aback because it's perfectly moronic to commit such a felony through with a planning conference, meeting with staff. That's not usually how things are leaked in. In Washington, D.C. i mean, so basically, he's leaking.
Chip
He was leaking, you know, classified stuff. And they have a whistleblower, so it sounds like. Sounds like Shifty Shift isn't long. He wasn't only in sender for a very short period of time, but it doesn't look like it's going so well. What else is cool is there's a bunch of new Spencer Pratt ads that have come out. Here's one right here.
Jeff
Reelect Taran Bass.
Chip
Want some flyers?
Jeff
Sure, I'll take some.
Chip
Great. Here, take a big stack.
Jeff
Thanks. I'll take them all.
Translator
Honey, I got that toilet paper you
Jeff
asked me to pick up.
Chip
Got that toilet paper?
Jeff
That's funny.
Chip
She gives it to a homeless guy. That's so on point right there. And then there's this one. Karen Bass is running on her accomplishments.
Karen Bass
Karen Bass. And I'm running on my accomplishments.
Chip
Los Angeles on fire.
Brian Armstrong
Mayor nowhere to be found.
Karen Bass
We were so prepared for wildfires. I didn't even have to be in the country when the town burned. I've addressed the homeless problem now. Most of them won't stab you as long as you don't make eye contact. Our climate change policy is so strong, we've broken. Brought down energy use in the Palisades by 99%. Almost none of the needles in children's playgrounds have AIDS on them. If you like the last four years, you're going to love the next four. Vote Bass.
Chip
God, these are just. They're just brutally good. I mean, thank God for AI. You can do cool stuff. And then the Democrats run ads where you go, yes, yes, yes, you want. You're always saying yes. Here's Kevin Warsh. Big news on Kevin Warren, President Trump's choice to run the Federal Reserve. The vote for Kevin Warsh was 54 to 45. Pennsylvania's Democrat John Fetterman was the only Democrat to vote in favor of Warsh. He will replace controversial Fed Chair Jerome Powell. How about that, Jeff?
Jeff
It's official time.
Chip
And Fetterman. How is Fetterman still a Democrat?
Jeff
Jeff, it's time for him to. It's time for him to.
Chip
I mean, I think it's time to go, man. I mean, it's like, how the hell do you do you hang on to it. Do you know who Sean Strickland is? He's an MMA fighter. Sean Strickland. You know who he is? The MMA fighter? Yeah, he. He always says what. He has zero filter and says what's on the top of his head. Here's him talking about Islam. Check this out, Jeff. Now, you said, you know, you have Muslim friends who say, why do you. Why do you pick on them? Right? Why not just keep the trash talk confined to the. To the fighter himself and go. Instead of going beyond the country?
Translator
Well, let me tell you, he kind of made that about that. He was the one that says this white guy, this American. Like, he kind of. He kind of made that realm of. I mean, the first time I met. Again, funny joke. He joked about being a terrorist. I've literally, the first time I met the guy, he's, oh, I'm a terrorist, man. I didn't say that. But no, you know what it is, dude? We live in a world right now where we're being, like, forced to conform to ideologies and beliefs. That don't fit America, like even, I mean, look at these Somali communities that come and just defraud the government. We are being forced right now as, as someone who built the Western world, who is a beacon of hope and freedom like the rest of the world, models themselves off America. And we're being forced to import these third world that have really no right or beliefs or identity as America. And they don't come and they don't merge. They're not a melting pot. They don't come and say, you know what, man, I love freedom of speech. Draw any. Prof. Draw any picture of Muhammad you want. Like, they don't do that. They come here and they actively try to change their country to our country. They try to change it to their country that they left it for. Sucks. And it's just a damn shame that we have these liberals that keep promoting that idea. If you want to be, if you want to go have Shiri law and you want to go, you want to go cover up your wife and put her on a towel and a blanket, go back to your shitty country. We're not doing this in America. And every proud Americans, white, black, Mexican, brown, you guys have to speak up because these people are actively against everything we stand for as Americans.
Jeff
Exactly right.
Chip
Sounds right to me. I just, I love how he, he doesn't, doesn't sugarcoat anything really, man.
Jeff
No.
Chip
He's 100. Spot on. Then you have, then you have Wesley Hunt, one of my favorite people in Congress too.
Jeff
Who.
Chip
This is him from a hearing today. This kid was like 18 year old high school kid that was getting hammered by the Democrats today. I didn't want to play because it was just, they were just hammering this kid and it was unfair. But this is Wesley giving him an interview.
Wesley Hunt
Thank you, Mr. Chairman. Mr. Lopez, you're a 16 year old sophomore at Wiley High School. Did you ever imagine that your high school in Texas of all places? Our great state of Texas, of course, would become a breeding ground for pro Sharia material and Islamic conversation.
Jeff
I would never imagine that we'd have a hearing questioning the, you know, legitimacy of terror linked organizations going to schools. I would never believe we would have this, but that's America we live in and it's a sad situation.
Wesley Hunt
Do you think there's an incongruency in the way you are treated as a Christian in your school and the juxtaposition of that in the way that your school is welcoming Sharia law and Islamic doctrine?
Jeff
Yes, there's a clear double standard.
Wesley Hunt
It's a shame that we are here today, and I'm sorry that we have failed you. But this is why we have this caucus, because we're going to make sure that we get this right and everybody is treated fairly, regardless of your race, religion, or creed. To some people in this room, what I'm about to say may sound a bit controversial, but it's not controversial because it's true. America is a Christian nation. We're founded upon Christian values. Our founders believed that our rights did not come from government, but they came from God. Those ideals shaped our institutions, our culture, our laws, and the very moral foundation and fabric of what I know is the greatest country in the world. Now, America is also a country that welcomes people from all backgrounds of every culture and faith. That's actually what is a part of our greatness. And as somebody like me that fought in combat to ensure that anyone could come to this nation and believe what they want to believe and believe in the first and Second Amendment rights, I welcome that more than you could ever believe, because I laid my life down on the line to ensure that that would happen. But let's be clear about something. Assimilation to American values and ideas matter. When we begin importing belief systems and cultural values that are fundamentally incompatible with the principles that build this nation, we should not be surprised when the social fabric begins to fray. Let me be clear. This is not hateful. This is not racist. This is not xenophobic. And I can show I'm not racist. I've been black for, like, my whole life. For, like, 44 years.
Chip
Black My whole life.
Wesley Hunt
I see. The Sharia law has no place to use to usurp our Constitution in these United States of America and especially in our schools and especially in our public institutions. America's legal system is rooted in the Constitution and equal justice under the law, not religious extremism or parallel legal systems. We have learned from many of our colleagues on the left that this tends to be how they tack in this general direction. Ten Commandments not allowed, bad. Islamic pamphlets, good. Ten Commandments, bad. Free Qurans in schools, good. Ten Commandments, bad. Understanding Sharia law brochures, good. This is the hypocrisy that we Christian Americans are quite sick of. The same people who mock or marginalize America's founding values suddenly become deeply tolerant when the ideology in question is directed against Western traditions.
Jeff
You would have this, but. You would have this, but that's America we live in.
Chip
And yeah, it's.
Jeff
It's so straight, man, so solid. Wesley Hunt is just like
Chip
he's been yeah, he represents the 38th district, Republican of Texas.
Jeff
I got problems.
Chip
They're being overrun, dude. I mean, it's like the issues in Florida too, but I mean, this. The problem is they're like, they. They reproduce like rabbits. They're everywhere. And Sharia law, it's like, look, it's not. Not compatible. If you practice Shia law, boom, out. Everybody should be deported, you know? I mean, and it's violent. People go like, oh, it's just a different way of thinking. I'm like, you even know what? Sh. Law is pretty rough, man.
Jeff
Pretty brutal.
Chip
Pretty brutal.
Jeff
It is that. No, Chip, you got to see this. I kind of forwarded to the funny part of the clip. Two guys at. immigration.
Chip
Hello.
Jeff
Hello, sir.
Chip
Hellos. Two hellos.
Jeff
Who's Mr. Karam?
Chip
I am Mr. Karam.
Translator
Okay.
Chip
I am transistor.
Spencer Pratt
Translator. Translator.
Chip
I am translated. Can I talk to him? Mr. Karam?
Jeff
Yes.
Chip
What's the purpose of your trip? Penalist. What?
Wesley Hunt
He is terrorist.
Chip
He is very big terrorist. Canceled. It's a good transistor. I mean, translator.
Jeff
Translator.
Chip
He's a good transistor.
Jeff
It's funny. You make fun of them. That's hilarious.
Chip
Yeah, it's. It's too much, man. Too. Absolutely too much. What are you gonna do? What are you gonna do? All I can say is one thing. You know what?
Jeff
That one thing is one thing. One thing. Margaritas.
Karen Bass
Margaritas.
Chip
Margaritas. Margaritas.
Spencer Pratt
Holy. Like, let's not do that.
Chip
That's a bad idea.
Jeff
I only drink badassery coffee.
Chip
Well, that's good. Maybe we'll learn how to spell it. Say it properly, dumbass. Badass. Badassery. It's badassery. Not badassery.
Jeff
Badassery.
Chip
You gotta separate that into two words. Bad and then assery. Coffee. I don't drink coffee often, but when I do, it's badassery. It has to be badassery. That's what you have to do. You have to do that guy, the. The Dos Equis guy. I don't often do that, but anyway, that's all the time we have, guys. We went over a little bit. 120. So we have guys. We're back on Saturday morning. Sato day in the park. Thank you. Yankee American people stolen the natural mineral for dew weapons. That's not a first language. I don't even know what that says.
Jeff
I think I'm trying to read that up on the screen.
Chip
I was like, what does that say? I don't know. It says missing a couple of things.
Jeff
You Yankee.
Chip
Yankee abuser. Mocks sir. American people stolen the natural mineral for due weapon. For somebody who stoked you, destroyer, this is no good for the rest of humanity that I want to live this life. Okay. Thanks, Hector. Appreciate it. I think it's a good comment. I think it's positive. I think you're trying to. Sharia will finish off women's liberation. Yeah, it sure will. In a very bad. In a very epic fashion. So. Right. I mean, my God. Holy collie. Holy cow.
Jeff
Done.
Chip
And that's all we have. So we will be bidding you farewell, and we'll see you guys on the next one. Chip it, Jeff.
Karen Bass
Oh,
Jeff
are you down with otc?
Chip
Please, like, subscribe and click the bell to be notified when the next video drops.
Date: May 14, 2026
Hosts: Jeff & Chip
Main Theme:
Exploring the interconnected developments in AI, digital assets, institutions, tokenization, and wallets—all increasingly tying back to XRP and its expanding ecosystem.
The episode centers around the convergence of technological advances (AI agents, ETFs, wallets, institutional adoption, tokenization), with a recurring focus on XRP as the hub of many new innovations. The conversation balances technical breakdowns with lively banter and occasional political commentary, always circling back to how XRP stands at an intersection of these trends.
| Time | Segment/Topic | |-----------|-------------------------------------------------------------------| | 00:59 | Overview of interconnected trends leading to XRP | | 03:22 | AI agents building credit; Claw credit explained | | 10:41 | AI (Claude) cracks 9-year-old Bitcoin wallet | | 14:28 | Hodor on stablecoins + micro-payments disrupting TradFi | | 19:14 | Descent Wallet, XRP alliances, cross-chain swaps | | 25:03 | Flare dominates as XRP5 chain, Encrypted Phi (privacy on chain) | | 28:30 | Scott Chamberlain on Evernode and AI agent research | | 38:54 | Brian Armstrong on imminent US crypto legislation (“Clarity Act”) | | 43:20 | River.com ad: Bitcoin banking/interest | | 47:55 | XRP ETF Net Assets All-Time High | | 71:48 | Wesley Hunt: Cultural assimilation and American values |
The episode is energetically paced, with lots of technical info broken up by humor and tangents (especially during wallet and political segments). Hosts interact naturally both with each other and with live listeners. They maintain a no-nonsense, skeptical stance toward mainstream narratives, especially regarding crypto FUD, regulatory hurdles, and political double standards.
For newcomers and veterans alike, this episode provides insight into how blockchain, AI, institutions, and regulation are increasingly interwoven—with XRP consistently at the center of the action.