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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. Yet in the. On the Chain universe. I was gonna say in the yeti verse, what's going on in the on the chain universe over there. All you guys, you know who you are. Those crypto fans, XRP fans, bitcoin maxis, ethereum freaks. You guys know who you are. You guys are all tuning in. Make sure you guys give a quick shout out to where you're tuning in from. Give a thumbs up. Subscribe if you haven't subscribed, because tonight's going to be epic. Hoskinson just backed Ripple. What does that mean? We're going to talk about it. More chaos in Europe, Chip. Who would have thought? And stable coins keep surging. Is this XRP's wild ride or what? What is going on? Because, man, there's a lot of things we got to workshop, a lot of things we got to talk about. We're going to dig in deep tonight.
Chip
Deep. Hang on. Going deep.
Jeff
Going deep, going deep.
Chip
Ready? Let's head first in the shallow. And that's for maximum impact. Let's go. Welcome to on the Chain. Welcome to on the Chain. Drop where you're coming in from. I see every. Yikes. Never been an Apple fan. My job never favored it. My job always favored it. So there you go. I don't know what you lost, but you lost your. Did you lose your. Your power adapter? I don't know what you lost there. You said you lost your MacBook adapter. I don't know what that means.
Jeff
Let's see.
Chip
I'm guessing your ability to charge or adapter, because there's a lot of dongles.
Jeff
With Apple, a lot of types of adapters.
Chip
That's a lot of problem. I'm here, bros. This missile explosion is here. Good. Y' all. Y' all from the Philippines? Ray running in. It's been a while. Yeah. Hawthorne. Hawthorne's a great little area. I like Hawthorne. I've been to Hawthorne. I like it. Yes. Quite nice. Quite nice little area.
Jeff
Check marks the spot.
Chip
The area. Yeah. Perfect. John Page, checking in. Beautiful. Beautiful. Well, it's a holiday weekend here in the United States. We have Memorial Day, which is where we remember the people who basically fought for the freedoms of this country. And that's why you do not wish anybody a happy Memorial Day, because it's pretty solemn experience. But we will have some things to talk. Chime in about that as well. Does the dude in the Picture have a second row of teeth. Which dude? Which dude we're talking about there, Chad, does the dude in the picture have a second row of teeth? I don't know who that is exactly, but I don't know who that is from down under. Yeah, yeah. You hear it? You hear it, you feel it. All right, let's start with this story. This is an interesting thing that came across the feed here, saw this. This is John Wingate. This is two days ago, I think he. When he posted two days ago, he said, hey, I just had a meeting with the Ripple team. Great meeting. Maybe the greatest meeting in the history of international Settlements. Like, it sounds a lot like Trump.
Jeff
Like that.
Chip
Hedera and H Bar still a huge part of the strategy. So he's saying that. Thank you. A huge part of the Strat, big boy. Okay. He's part of the strategy now. So is xrp. So he's saying Hedera and hbar still in the mix, but he had the greatest meeting in the history of international setup. It's maybe the greatest of all. And if you're not thinking big enough, think big. Then. I don't know, what is that? How many zeros we have? There's three, there's six, there's one million exit. That's what he's saying. One million exit. If you're not thinking big enough. So that's what he's chiming in about right there. Chris Darker said, yeah, no. Then John said, well, my. My zero key got stuck. Still bigger than most can imagine. So he said, can you explain how you reach the conclusion based on what Ripple's doing to drive the price of XRP? 1,000,000x, speculating on the actions of the third party. Zero reference to price. And that's how I read it, too. He's not talking about price. He's talking about the D. He wasn't never eluding the price. I didn't get that either, did you? No. I mean, basically, he was just talking about. He had a great meeting. He was talking about how great it was about international Settlements and how great it is XRP and Cross, you know, international. So he didn't say anything about price. Of course Dark Horse has to make it about price. He's a zero reference to price. I know where everyone's head goes. I'm talking about the size and the scope of the project. Think in terms of transaction volume and money moved on chain. No one can predict what that means directly with regard to price. Well said. Dark Horse Said. Never heard anyone say 1 million x. And not be about price. So I guess this is what I'm talking about. Be straight with your spin or spinning. He just so he tells him what he's talking about he doesn't accept what he's talking about. That's dark horse for you. And then Noel Scum says because if we listen to mostly want to be capitalistic simp ticks so he goes on to talk about that and then so who is this guy? John Wingate. He's at President Auto on X. He's banksocial IO CEO it's the leading evolution of financial systems with defi and credit unions, crypto and DLT evangelist list H bar, xrp, bsl, BTC etc ETH and R L USD and here we go. Here's the banksocial IO leading global financial evolution and then here's the website itself which is Turn your financial institution into a fintech Introducing bank social Neuron financial experiences that customers and employees will love Launch, manage and orchestrate your financial institution from one intelligent AI enabled control center. And there it is. Pretty cool. Pretty cool idea. Especially since I haven't seen anything really anybody doing this type of service. Of course it lists off a bunch of financial institutions that are using it deliver exceptional results fraud detection, intelligence money AI lending card issuance looks like a lot of stuff that that company ramp has too with with issuances and account opening structure a lot of the same similar things we've probably seen before with Neuron you deliver everything from one AI enabled platform in days and weeks, not months and years. So it seems like it kind of accelerates the the process there immersive platform employs your team with intuitive tools orchestrates seamless banking experiences through intelligent AI insights and actions Meaningful member moments. So you got a platform as creating intuitive seamless interactions that make banking feel effortless. So yeah it sounds like a recent really cool way to leverage AI launch bank create a financial tuition get you up and running pretty fast Also has agentic AI audibles We paired AI with insights and augmentation to create intelligent systems that adapt in real time AI adjust member experiences provide your team with actionable insights. It tells you what you should be doing is it right for me? So I don't know what this is but compatibility analysis blah blah blah blah. 12 weeks average ROI 267 that's pretty solid. 267 is the average return on investment based on what you start doing Move like the big boys big banks flashy apps don't own innovation anymore. Credit unions and community banks are taking it Back Neuron turns any institution, no matter whatever size into a fintech force they can outpace Robinhood Venmo cash app launching days start shaking up the industry on day one. Pretty cool.
Jeff
I like it.
Chip
Kind of gets you pretty fast. Nice. Yeah. So there's some credit unions chiming in. There's. This is a big one right there. I know that one well. And here we go. Stop thinking like a small credit union. Started thinking like a fintech, you know, partner with the right fintech wasn't just a tech decision strategic move. We need a partner shared our vision. So yeah, pretty cool. Credit union of Texas today's financial infrastructure. So it's a pretty interesting thing. So yeah, it sounds to me like they're going to be leveraging, you know, Ripple especially from the cross border side and then they'll be able to enable this through their, their AI, through their bank social and they'll be able to hook everybody up that kind of comes on board probably with that ability. So Nice, nice way to get it out to the masses as they say. Jeff.
Jeff
Nice.
Chip
I like it.
Jeff
I like it.
Chip
I like it a lot.
Jeff
I like it. Like it a lot.
Chip
I like it. It's good. It's a good thing then what else we have here? Rather common put this up. Our old pal Rathicon, we haven't talked about him in a while but he said Ripple contributing to Singapore's independent reserve cryptocurrency index of 2025 designed for scale RLA USD is built for the future of payments. This was by written by Fiona Murray. She's the APAC managing director of Ripple. We don't see her too often in there. She might, she's new or not but. And she's talked about the independent reserve cryptocurrency index makes one thing abundantly clear. Stable coins are becoming essential infrastructure across apac, of course the globe for enterprise and institutional adoption. According to the IRCI, 83% of stablecoin holders in Singapore choose USD pegged stable coins. With most setting price stability and familiarity with fiat currency as primary factors for use. Stablecoin adoption will continue to grow and demand is driven by utility. Data shows that stable coins are being used for more complex sophisticated intangible purposes such as the cross border transfer is roughly 17 defi lending or staking 18 and derivatives trading around 19. So at ripple we've seen the momentum firsthand. Unlike other some stable coins created in the era where retail traders were the core audience, RLUSD was developed with high value institution, institutional utility and compliance at its Core Ripple USD was quickly integrated into ripple payments. Already powering faster, smarter global payment flows with APEC partners like BKK, Forex and ISEN. Since launching less than six months ago, experience a lot of growth. Explosive nearly 300 million in market cap eclipsing about 10 billion in trading volume. Track record exemplifies the strong demand in the global market for compliance oriented digital assets specifically designed for enterprise use. I think that's the key thing too. It's like designed for enterprise which is not really designed for the retail holder per se though you can, yeah, I.
Jeff
I kind of like this approach chip I think you know, as, as we start really looking at the scale of it, the enterprise aspect of it, you know, is this going to be where, where do they get the biggest bang for the buck? Where are they going to get the big biggest initiative? Are they, you know, a circle for, you know, for the, you know, for retail? Is it, you know, P2P, is it B2C or is it the big momentum? What, what was the original intent? That ripples, that ripple built and, and that was all about, and we've talked about it so many times, it's all about enterprise, all about institution. It's about big money movement. It's not about little money, you know, it's about big millions of dollars over a second. You know, multiple trades like that every single day. You know, what is what. We've looked this number up before. Just trying to think what that number is. But you know, on a daily basis how much money is moved by institutions? I mean it's, it's a crazy number. And right, so now that's the orchestration. So now as they bring the Ariel USD into it, they want future enterprise, they want institution, they want to be part of the orchestration of moving money. And that's, I love that, you know. RO USD will power more than payments. They the next generation of crypto adoption will be fueled by stablecoin utility based on solving real world problems. That, that's it. You know, as soon as you identify what those real world problems are and you have the solution to solve it, then you're in a good spot. Or are you a solution in, in search of future problems? Maybe you don't even think those problems exist yet. Good thing is, is that moving money is difficult. It's not easy to move money. It's not easy to do it from a retail perspective and it's definitely not easy to do it from a business perspective or an institution perspective. If you've ever tried to move money then you realize how complex it is and how difficult it is, you know, and then so if you can go institution, institution makes it more seamless, makes it easier, bring it down to retail. There's no reason for Ripple to go to retail. They go to institution. Let the, the big guys, you know, then, you know, deal with their customers and that those are the enterprise solutions. Now let's have a seamless functionality of our, of our payment system. You know, top down time man.
Chip
Chad says there's 6,0 short when it comes to derivatives. That's quadrillion dollar market. So yeah, that's a good point that and, and we kind of knew what he was alluding to when he was talking about like how big it is and how excited he is. But I also think too that he realized integrating the tech and combining it and then making it available because if you think about it really, credit unions, the backbone, the smaller banks, very independently owned. And you know, the funny thing about credit unions, you know, which you usually, the smaller banks are usually regional in size. Sometimes they, sometimes they cover areas, but they are, they're, they're no nonsense, right? So when you go get a, when you go get a loan for, for a, you know, know, for a purchase a home, they don't have all these weird fees associated with, you know, they're, they're really there to serve. So being able to next level to the, you know, to bring this to these smaller type banks and then giving them the power to be able to go and expand beyond that, it's like, it's massive, right? So they don't have to play like a little player anymore and they can probably serve a wider region because a lot of these are really regional, right? They might just be in a small town or an area or a lot of times they're named after, you know, a certain type of credit union that services a certain industry. So I think what he, where his excitement comes from is the whole idea of wow, we can bring this kind of level power to make a regular regional credit union to a financial institution powerhouse. So I think that's really cool. Especially coupling with AI putting the agentic stuff in there is going to make it even better, right? I mean all around. So I thought that was a cool development.
Jeff
Remove all the people. If you get agentic, you know, opera, opera operatives, you know, working in the background to seamlessly, you know, facilitate all of those transactions. Now you have the money movement, then you add in the smart contract and you put all of the different elements together. We're already seeing the Legal profession is going to be changing drastically with the introduction of AI. I think a lot of you know, the written type and research and there's things that can happen. You're always going to need, you know, the human element, the piece it together, the relationship part. There's a lot of things that happen on the back end that can just be seamless where you don't, you know, we're not going to worry about the fat. It's man, it's, we're entering an interesting, very interesting space. We just got to make sure we do it right. There we go. Swift moves 5 to 20 trillion dollars every day.
Chip
Every single day. And then JWH has an interesting thought here. He says, as a bag holder I'm increasingly concerned is the ripple ecosystem being outpaced by the likes of traditional banks, another blockchain tech? And is Bitcoin or Bitcoin related derivative assets sucking up the vast majority of the open liquidity in the market? Concerned about Ripple xrp, your thoughts on that Jeff?
Jeff
I'm trying to digest that. So I think the big next step, you know, you're looking at BTC related derivative asset. The big next step will be the XRP etf. If the, if they're, if that doesn't get approval, I think we're going to start seeing an issue. If it gets approval, I think then XRP becomes a player in normal, you know, just the normal stock. You know, it, it changes the game, right? It just, it opens it up, opens it up to everybody. You know, until that happens it, you know, are these other, are these other assets, you know, are they, you know, making bigger headway? Obviously, you know, Bitcoin is number one, right? Bitcoin first mover advantage. Bitcoin. Right. Recognized and accepted on, on a global scale by governments, by huge corporations. It's, it's the one everybody talks about. But it, it also becomes synonymous with other crypto assets. People start using Bitcoin thinking about the basket of crypto assets that opens it up to, to a lot of other goods. Ethereum, Ethereum had first mover advantage in smart smart contracts chip. But look at what, look where that's kind of going. You know the smart contracts is interesting but you can always have another player that could compete with that. Can you have another player that competes with gold? You know, let's say Bitcoin is the bigger store of value which I think is the biggest recognized use case at this point. Put Bitcoin in your treasury, put Bitcoin in your strategic reserve. Companies are doing it Countries are doing it. It makes sense. Can you have another that is as equal from that perspective? I'm sure there, there's going to be another. You have a basket of currencies starts making sense, the big move. My opinion again, Chip is going to be the ETF from a traditional bank. I don't really, I'm not concerned about Ripple. That, that doesn't bother me one way, which, you know, I mean, look at, look at what they've gone through. And as a company for, for the past four years, they've overcome all of those hurdles. They're making inroads beyond any other crypto asset firm in the, in the world right now. They've done things to be on the forefront. They put them. So they were. They didn't put themselves out there. They had to put themselves out there, but they could have caved. They kept fighting the battle for everybody else. They were the tip of the spear against the SEC to help put push, you know, forward. That ended up, you know, look at the one court case with the XRP asset, the only one that has, you know, true clarity from, from a court perspective. But they've done so much more than that. They're moving forward. The ecosystem is, is growing and building and developing. We haven't stopped. If, if the world stopped today, if development stopped today, I would say yes, Bitcoin probably won, you know, but it hasn't, right? The world hasn't stopped. We're still moving. There's still more development, we're still progressing. We don't even know all the components of where crypto is going to enter into people's lives in the next five years. You know, we can guess at it, we can talk about it, we can speculate over it, but we don't really understand yet the exact direction it's going to go until you get true regulatory clarity and you start seeing how these financial institutions start piecing it together. Right now the name of the game are stable coins for moving money. And it totally makes sense. The rest of the infrastructure has to be developed. You have to build it. There has to be more development in the space. It's going to be in and around business and real world asset, the tokenization of real world asset and beyond, you know. You know, Chip, what are your thoughts on that? That's my spot on.
Chip
I mean, I think you bring up a lot of good points, but also too, if you think about, I think that Ripple's made some really strategic moves and I think, you know, we kind of forget about them. They're like, oh, yeah, well, don't forget the equipment acquired standard custody and trust. And that was basically to bolster their institutional great asset, you know, custody part of the business. That's huge. Okay, so now instead of becoming a we do cross border payments or we do this now, they become a full bodied solution because now they're offering institutional custody. And let's not forget Hidden Road. So Hidden Road already had the infrastructure already built in there. You're talking about some of the giants in the industry. Hidden Road's only going to grow. So what Ripple's really done is they've moved beyond this niche sort of business into tokenization. They moved into, you know, custody of, you know, digital assets, but on an institutional level and then also moving that money on institutional level with a traded name with Hidden Road. And now they're looking at, now we keep hearing these echoes of. Well, they look at after Circle. Are they going after Circle? Is that a possibility? I mean, we keep hearing about that. But to be honest, the fact if you start breaking down the numbers, it makes a lot more sense for somebody like Ripple to be in charge and like of circle because of $960 million that gets outlaid every year, you know, to a billion dollars. It gets outlaid over to Coinbase. They're only making, you know, very little, I think 1.3 billion, 1 point. And if the, once the interest rates change, the interest rates are going to come down at some point and then they're going to be squeezed even further. So, like, are they going to rely on raising, doing an IPO to raise $4 billion and live off of that? Like, where is the future money earnings going to come from? That's where. I think Ripple has the better shot at this overall. And I think that, you know, going forward, Ripple's put together a pretty good plan about how they want to sort of attack this. And we also had. I wanted this too. Look at that rain here. Rain is in the building.
Jeff
Rain. What's going on?
Chip
Rain. No G in the space. Rain is in the building. And I think too, by the way, today's rant, Jeff. Rant brought to you by a badass yeti. Coffee. Thank you. Damn right it was badass. Absolutely. And then let's. This is interesting too, because you tease this in the upfront. We talked a little bit about Charles Hoskinson. So somebody asked him on a live stream about Ripple and listen what he says. Very, very similar to what we've kind of been seeing here, Jeff. But let's listen in interest concerns with.
Jeff
A Ripple acquisition of Circle. I think it makes the space better. There's like this Coinbase, a 16Z, circle mafia where they've built an ecosystem and it's self serving in that ecosystem and if you're outside of it you get.
Chip
Completely blacklisted and it's hard to get.
Jeff
Listed, it's hard to get liquidity and it's hard to get a stablecoin. So by XRP coming in it breaks apart that monopoly and creates more diversity and I think there'll be a better custodian and frankly higher integrity than some of the people, especially on the Circle side.
Chip
What I like about Charles Hoskinson, he never holds back any punches. He tells it exactly the way it is guys, very honest and he's making some, landing some very good points here. You know, people are worried about regulatory stuff and he's like, if anything it'll make it better. And this is what I think a lot of people are failing to miss. They're going to missing how much better the ego system would become, how much more full figured it would become because Circle is just a, it's a stable coin. That's it. It's all it's ever been. It doesn't have any other methods of earning income, of monetizing outside of its, you know, relying on interest rates. And a lot of it's already farmed out to Coinbase. So he's right about this sort of, I mean this isn't talked about a lot but this sort of Mafio said he talks about a 16 which is the big money, which dumps a lot of money into a lot of the projects. But you know, and then Coinbase, they kind of protect their own territory. And he kind of calls it out here, I haven't seen too many people call that out but he calls it out and says look, this is only going to make it better. Your thoughts?
Jeff
And I think so too. I think, you know, we're and it. I'm just, I'm glad to see Hoskinson, you know, step into the, into the fray on this. You know, it's good to see other, other you know, members within, within the broader community, you know, really come together on that. You know, I think it's really important, you know and it's interesting too because I'm looking at visual vendetta. He said I can't stand Charles H. Ever since Charles J. Slander Ripple I just can't stand, you know, so. But there's always, there's going to be a little bit of that, you know, Animosity in the space because there has been a little bit of that circulating. Everyone's kind of focused in on their own. You know what the, the market, everything is growing up right now. You know, it's not. One isn't, you know, I mean you're gonna have competition. One is going to be a better use case for whatever it is. One's going to be a better use case, you know, for whatever that one is going to be good for. And we're going to move forward. We're kind of above and beyond, you know, the garage wars at this point. You know, we gotta step into real world, you know, and, and kind of the space is growing up I guess is my point. Kind of like Apple and Microsoft back during their garage war days. Way back in the beginning, you know, I'm sure there was a lot of tension. There was a lot of maximalism. There's still a lot of maximalism in between, you know, the Apple crowd and everybody else. You know, whether you're on a Microsoft platform or you know, if you're on an Android platform. But at the end of the day, look at, from a commercial perspective, there's cross usage on all the different platforms. They got above it, right? You, if you're on, if you're on a Mac, guess what, you're probably, you're probably using a Microsoft product, software product. You know, if you're, if you're on Mac or you're on Android, guess what? There's apps that work on, on both, on both platforms. We have, we've kind of grown up beyond our maximalism. Right? And that's where commercial, the commercial intent has to go. So that's why I'm glad to see, you know, Charles coming in also, you know, all these different component, all these different aspects within the crypto space are critical. They're all important. Without you take one out and then what do you have? You know, you just have nothing. Right. If we took everything out and all you had was bitcoin from the beginning, then what would you really have? I'm not really sure how far it would have gone beyond, you know, the computer, the computer geeks, so to speak.
Chip
Yeah, it's true. Adrian Star says facts and tax vat. Tell them, Charles. That's right. Tell them give it to give it up. Jim D. Had a good point here too. Ripple has four big advantages. Number one, world class relationships and credibility. Check. Number two, very well tested leading edge technology. Check. Number three, locked in on all ISO standards. Check. And also reputation. Nearly zero downtime. Right. So they do have, they do, they do have that also. They're very well funded and they also took out the crypto industry. They also took on the SEC and, and they, they got a big win. People can look at the way they want, but that was a win for the, for the entire crypto agency. And they stood up, they didn't like lay over and say, oh yeah, we'll, we'll get on our knees and we'll bend the knee for you and this and that. They stood up and said, no, you're on the wrong side of history. And they proved to be right. So it's, you gotta love that stuff. I mean that's interoperability. Another one arts bring it up. That interoperability is certainly key.
Jeff
There's the word.
Chip
Where's your damn MacBook adapter? Is it your, is it your, your charger? What are you talking about, man? Good day from south.
Jeff
Trying to plug it into his Microsoft.
Chip
Thing after five years of. Well, that's true, Jeff, because you know, you still have to use Word and Excel. So I'm using Word Excel on a Mac. So you do have the cross pollination of products and also Google and everything else too. And I do use some Mac stuff too, but it's not as strong after five years of not getting covet. It got me. Oh man, you got it. You got taken down. Ivermectin, dude. Ivermectin cures that just gets load up with ivermectin. You're good. Quiet part. XRP will end the fed. There you go. Say the quiet part out loud. Say the quiet part out loud. You will say the name. Say the name. Yes. My charger. Okay, well done. Say your charger, dude. I was like, you lost your charger, by the way. I was traveling and I left. I always carried. I usually have one or two of them with me, but I didn't realize I already had one in my bag because I usually have one in my backpack. So I just like to take my computer real fast and that way I don't forget the charger and I leave it in there. But somehow I left my charger somewhere and I know the pain, dude, it's like 100 bucks for another charger and I left it somewhere and I don't know, I don't know how that happened, but somehow it ended up happening. Somehow or another. Somehow or another. Nobody knows exactly. Peter Brands, you know Peter Brand, he's the futures market trader. He's been, you know, he talks a lot about, he, he's Kind of been all over the place when it comes to crypto but this was kind of. This is kind of an interesting post from him. He shows up in my feed every once in a while but I thought this was an interesting post especially coming from him. But he says, you know, let's say that I'll buy a hundred thousand dollars of either XRP or Solana this week. No other option but only one of the two please. Which one? State your case. 40 words max or I'll ignore Remember XRP or Solana Only choices. So this is what he's sort of put up these two charts right here. He wants people to weigh in. You know people like hey Peter, think the nerd of 18 XRP ETFs SEC settlement finalization stablecoin regulation stable coins being released in the XRP weekly narrative around ripple acquisition of hidden road and possible acquisition of circle drive strong speculation plus all the way the headway ripples making in the UAE with licenses, tokenization and more This a lot of narrative does not come close. It's good putting a good point there Air grab crypto says in crypto you cannot measure log scale and paste non log scale it has to be log log scale and that's a.
Jeff
That's interesting.
Chip
So do you. Do you trade stocks and options and blah blah blah. I'll go xrp. So it looks like there's a lot in here. XRP offers way more asymmetric opportunity XRP global trading with Trump was Executive Order 13772 first to press run partners with Saudi. You know so it looks I'm not seeing any Solana stuff in here. Take advice from strangers. Solid idea. You are clueless for even thinking that I want to bet against you. Yeah as Peter Grant says that XRP so I haven't seen. Have you seen anything pro Solana yet? I haven't seen much.
Jeff
Nothing in there at all. They don't have much of an X presence apparently.
Chip
Well oh here we go. Okay Solana LT and ST's time frames rallying from higher relative low okay what is negative divergence on the monthly XRP doesn't interesting See based on charts only I'd buy xrp. However what matters most are fundamentals. I believe Solana is going to do better than XRP the next leg of the season.
Jeff
Seoul has definitely done better in the of course in the in the latest especially everything to do with NFTs building development just lightning years ahead in the here and now. Not saying the technology is lightning or is that just saying from a practical perspective and pricing perspective.
Chip
I wanted to split the difference and then 50. 50. You know that Peter put 50 and 50 and see which one performs better.
Jeff
Yeah. Why would you only go all in one anyways?
Chip
I think he's just asking. I think he's. Well, he's saying if you're gonna give him a reason why you'd go all in and one, you know, but who knows? I mean, I don't know what he's fishing for, but he. You know, but there's a lot. Saul seems to be closing on breaking above upper trend line. XRP already did that. Leaving room for a retest on the upper trend line. I love how everyone's. Everyone's like a. An expert in the. In the charts all of a sudden, everybody wants to pretend that they're an expert. But anyway, thought that was some interesting fodder.
Jeff
Yeah. Chip, I've got a sound bite for you.
Chip
What you got?
Jeff
There we go. Turn this up. Here we go.
Chip
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Jeff
I don't know if it's live.
Chip
Let's see it up there. But we do have a coupon for it. But anyway. But yeah, it's a little bit. It's a little costlier, but there's a reason it's roasted fresh and scent. You probably never drank, you know, freshly roasted coffee, but there it is. There's badass Yeti's coffee there, people. I like that sound bite a lot better.
Jeff
Addicted the ytis yates.com.
Chip
Better than tree. Sometimes it says tree.
Jeff
Since we are at the battle, how many yetis do we have?
Chip
By the way, new word of the day. Coffee. We got 13. Lucky number 13.
Jeff
All right, well, I'm gonna roll this one because lucky number 13. Love that number. And we're going to quadruple that Number. No, we're gonna double that number. So we have to double that number and this is going to stimulate the doubling.
Chip
There we go.
Jeff
Here we go.
Chip
Sixteen.
Jeff
Here we go.
Chip
From the blue tribe your legendary of.
Jeff
The clan Frost bears his name Truma. Let's go.
Chip
Oh, I like that one. That was catchy.
Jeff
That's pretty sweet.
Chip
That was a smoke show right there, man. Beautiful name is thruma says XRP Vegas be full of influencer who three years ago are bitcoin maxi Solana memes etc XRP hype videos now monetize their YouTube channels. They do yes. No land. Hoping for an eight bedroom, three baths for heated floors, indoor sauna.
Jeff
We have some land.
Chip
We have some land if you're lucky.
Jeff
Oh, through my shoes by the door.
Chip
This got some swag vibe it for it for real. And it and it and it. There you go. Adrian Storm bar doubling. Yeah, that's it. That's it, man. Beautiful. All right, we're going to transition over to the geopolitical scene here. There's a lot of stuff going on around this big beautiful bill. It did pass on the house. Stephen Miller extraordinary chimed in on he said, you know, it's impossible to overstate how exceptional and extraordinary the one big beautiful truly is. Delivers enthusiastically on every major campaign promise in the 24 landslide electoral mandate. Number one, the largest tax cut reform in history. No tax on tips and overtime. Massive tax cut for fixed income seniors. Interest on car loans Fully tax deductible if the car is American. Fast track a new energy projects and provides protection against future regulation. Terminates the green new deal. Yay. No welfare or government health care for illegals. Double yay. Ends waste, fraud and abuse in government welfare. The largest welfare reform in history. Full up front funding for the entire border wall and water barriers. Will ever need to ask Democrats for these funds denying them leverage on all future annual appropriation bills. Pay raise for ICE and border patrol. Full funding for every border and immigration security priority for the American people. Voted for making it the most significant border and homeland bill in American history. Port security to help keep fentanyl out of the US funds the golden dome state of the art shield against enemy missile strikes on our soil. Defunds the transgender agenda and attacks on our kids. Cuts 1.6 trillion in mandatory spending, net spending and also the most pro American tax bill ever. Including 100, 100 expensing on new American factories to ensure the future is made in America. There you have it. And so the follow up to that one is kind of what I've been seeing too, because a lot of people just really don't understand how things work and you kind of have to I'm glad guy like Stephen Miller is putting this stuff out, he says. I've seen a few claims making the rounds on the big beautiful bill that require correction. First is that it doesn't codify the Doge cut. So a lot of people are like and Elon Musk came out and said he was disappointed because it's not going to codify the actual Doge cuts that they want to make. He's saying. A reconciliation bill, which is a budget bill that passes with 50 votes, is limited by Senate rules to mandatory spending only, e.g. medicaid, food stamps. The Senate rules prevented from cutting discretionary spending, example the Department of Education or federal grants. But those cuts are overwhelmingly discretionary, not mandatory. This bill saves more than 1.6 trillion in mandatory spending, including the largest ever welfare reform, a remarkable achievement. I've also seen claims that the bill increases the deficit. This lies based on a CBO accounting gimmick. Income tax rates from the 2017 tax cut are set to expire in September. They were always planned to be permanent. CBO says maintaining current rates adds to the deficit, but by definition leaving some of those income tax unchanged cannot add one penny to the deficit. The bill spending cuts reduce the deficit according or against the current base law baseline, which is only the correct baseline to use. Another fantastically false claim is that the bill spends trillions of dollars. This is just completely invented out of whole cloth. It's not even a ten year budget bill. It doesn't fund almost every operation of government which are funded on the annual budget bills, which this one is not. In other words, if this bill passed but the annual budget bill did not, there would be no government funding under the math that the critics are using. If we pass one paragraph, what reconciliation bill to cut simply 10 billion in food stamp spending? They would say that that bill added trillions in spending and debt because they're counting all the projected federal spending that exists outside the scope of this legislation, which is of course preposterous. The only funding in this bill is for the President's border defense policies. Priorities, I should say, while enacting a net spending cut of over $1.6 trillion. This bill has two fiscal components, a massive tax cut and a massive spending cut. There you have it and that's it. When you deal with the reconciliation bill, this is not like the end all be all. This is not put everything into it simply slimmed down mandatory type of build Jeff, A lot of people have been getting it wrong out there. A lot of people chime in and getting.
Jeff
A lot of people are getting it wrong. Too many people are getting it wrong, Chip.
Chip
Too many people who know better is the problem. The problem I have. I mean, especially the. The pundits on both sides of the aisle who, who know better have seen these bills over and over again. I mean, this is not like, this is something out of left field. So it's good to. What's going on, Justin? Good evening, gentle dudes. I love being a gentle dude. What's up, gentle dudes? Gentle dude. So that's kind of, you know, and even like, because, because Elon Musk said he was, you know, a little bit, a little bit miffed the fact that they weren't going to codify it. I'm like, well, yeah, they're not. Not in this bill. This is not the bill for that. But I do hope that they do codify it in other bills and future bills that. That would be something to, you know, put forward. Right, Jeff?
Jeff
That's right.
Chip
It's exactly right then. So I'm seeing a lot of dust up going over there in the uk. A lot of stuff, A lot of stuff's happening. And I saw these two videos kind of popping into my feed today, but here we go. There's been some demonstrations, stuff going on.
Jeff
Stuff is going on.
Chip
Chip dries up Britain's demand Starmer resign. From London to Leeds, Glasgow to Southampton, thousands flooding the streets today. Starmer must go. This isn't a protest, it's a national uprising. What it means, over 76 cities saw action with one voice calling out corruption, censorship, betrayal. People are no longer trust the man at the top. Tide is turning and it's not stopping. Legacy media won't report it. Westminster wants to ignore it, but the country's done waiting. Britain is speaking and Starmer can't hide from this. People want their country back. And here's a little bit of that today.
Jeff
Van driver's going for it. Another crowd again, lively 235, 000 likes already.
Chip
Hell.
Jeff
Thank you to Maggie. Maggie. Big up, Maggie. Everyone's showing their support today. Shout out to Matt. Shout to Babs. Thank you, Chloe.
Chip
Just get a little taste. This is going on all over the place. There's tons of these videos. I just happen to pull this one here. And then they got the man on the street sort of interviewing people. It's so funny how Reform uk, which is Nigel Farage's party, where the youth are really Adapting that. We saw this happen with. With Trump as well, is where the youth were like, hey, man, now, I mean, we're done with all this bs, so Reform UK Party, you know, getting a lot of nods to from the younger generation here. England's England. And sometimes I don't even want to be here.
Jeff
Why is that? Well, it's getting worse. Bloody foreigners. You look around, there's a foreigner no more England. Might as well name it something else.
Chip
Hell. Hell. Why hell? There's too many foreigners.
Jeff
Immigrants.
Chip
There we go. What he said.
Jeff
What's that? Immigrants are jarring. What does that mean? Jarring? Annoying. Send them back.
Chip
You have homeless.
Jeff
Homeless English people not getting housed, but you have immigrants that come here, they're illegal, and they get housed.
Chip
It's a joke.
Jeff
So just elite, you're saying? Just illegal immigrants, but legal. I just asked it. Yeah, about legal migrants. Even if they're legal immigrants, they still shouldn't be put over English people. No, we spend too much.
Chip
You see a lot of the same thing going on over there with a lot of anger over, you know, English people who are struggling, Right. Economy's bad, having a lot of struggles dealing with trying to feed their family. And then somebody waltzes in the country and they're like, oh, what do you want? You got housing, you got food, you got this, you got that. We saw that happen in the U.S. that's where, you know, the last election, people got pretty fed up, like, hey, this isn't right. So we have our veterans who are sleeping on the streets and they're not well taken care of. And the whole idea is like, when. When does any civilization, country, not put its citizens first? When do you not put the people of your country first? The people that are living, you know, and having some hardship, those are the folks you're supposed to be taking care of, not people waltzing in just because they were able to walk across an imaginary line, you know, a border. So why can't we preserve the culture of the countries? You know, why. Why is it that, you know, you have to have the US and the UK and all these other countries in Europe have to give up their sovereignty, they have to give up their culture, their language, their borders. Why? Why can't they preserve their language, culture and borders the same way any country would? Same way any other, you know, country in the world would want to preserve that? So I see a lot of the same similar frustrations bubbling up over there.
Jeff
In the U.K. yeah, I mean, it has to be. You can only. You can only get so far you know, where you're kind of pushing and backing people into a corner. You know, I mean, the one, you know, poignant thing that, that one of the poignant things that you brought up, you know, specifically is why, you know, if. If people are coming into your country, right, and they. They can bring, you know, some of their culture with them. You know, I mean, we see it here. The United States is a melting pot, which is what makes it, you know, pretty amazing, right? We can go to, you go to New York City and you can sample any kind of food from any part of the world. Miami, you know, heavily, you know, Latin culture here. You know, a lot of people came here from Cuba and Venezuela and, you know, throughout South America, you know, Colombia, etc, Peru, you know, so you get a lot of that flavor. But what we're witnessing, though, in this country as well as other countries and, you know, England, you know, over in the uk, you know, they're finally kind of getting back to. Into a corner where the expectation is that not only are these people coming into the country, you know, bringing, you know, some of their cultural, you know, the good things of the culture, but they're bringing everything to the point where they want to displace. It's. It's an invasion. It's not, hey, we want to come there because we want to be British. People come here because they want part of the American dream. As soon as you come here and you say, we don't want the American dream, we're coming there because we're going to bring our. Our ideology and our ideology trumps your ideology. And we're coming there to do whatever we can to overthrow your ideology, to belittle your ideology, to crush it, to crush up your. Your culture, to step all over your culture. They want to step on our flag. They want to burn our flag, you know, they want to humiliate our, you know, our people in the streets. That doesn't fly. That doesn't work. The governments of those other these countries, like over in the UK were siding with these people that have been coming in as guests or coming in illegally, and they're siding with them over their own citizenry, which is crazy. Now if you come over to England and you say, hey, you know what? I'm coming to England because I love your culture. You know, I want to be part of that culture. Therefore, this is why I'm moving there. I'm going to do everything I can to assimilate through to being British. Whatever I need to do to assimilate, you know, if I If I didn't speak English, I now have to learn English to, to, you know, come over into here. And that's one of the, the problems in this country that was never recognized is that the official language of this country has to be English. The reason why this country, the United States succeeded, one of their key reasons was because of commonality of, of culture. From a perspective of language, business culture, right? We're able to get along. You can go border to border and you still speak English. You still operate under, you know, similar law. You know, there's different jurisdictions, there's state laws and things like that. But overall, you go border, you go state to state, and you're going to experience more or less the same thing. But the biggest commonality of that was because we have language and the language is English and there's, and we share, you know, share that from, from, you know, from, you know, for, for, you know, from the beginning now over into other countries. And one of the reasons why, like in Europe, they don't have the same, not the only reason, obviously there's a lot of reasons why they don't have the same experience that we do here, but one of them is that they don't share a similar language. They, you know, the language has to be English. Business transaction on a global scale has to be English. And, and this is where, you know, it's, it's interesting to see how that occurred. But if, if you're from China, you want to do business in this country, you speak English, you know, when, if you're from the Middle East, China and South America, let's say, and they all come together to do business, guess what language they speak. Probably not Spanish, probably not Chinese, but probably not Arabic. It's going to be English. And because that has become the global business language. And then you have people that come into these countries, like over in England or even in this country, right? They refuse to speak English. Like, well, how far are you going to go outside of the border of your small community? You're not going to exist because you can't, you can't work outside of your small community. And therefore that's why we saw, you know, it's very centric, like in Miami, you know, and not just first generation, but second generation were born in the country, didn't speak, right. And that becomes problematic. I'm not saying give up your languages because I think it's really important to speak more than one language, but you have to speak the country. You go to embrace their culture, embrace their language. You know, do Everything you can, you know, to more or less quote, unquote, assimilate, be part of that culture without abandoning who you are and your identity and your culture. That's all part of it. That's the melting pot. Not there to step all over you and. And replace your culture.
Chip
I want to address Remy. Remy's okay, sure, as an extreme, but who's coming here with that kind of logic? I don't know. It seems like a extreme point of view. I don't necessarily know if it's an extreme point of view. Look, I mean my. Obviously. So my family immigrated. Part of it came through Canada from Hungary. And my grand. Oh, my grandfather came down. The rest of my. Rest of my family stayed in. In Canada. And then on my grandmother's side, on my dad's side. So it was Hungary as well. Hungary. But then we had, you know, I'm also. I had a, you know, a great grandfather come over here from. From Italy. So I'm also Italian. I'm also Irish. So I've got that Irish part of my family, which is my mom. My mom's family splits. Italian, Irish. So there's a lot of customs and things that we celebrate. And then, you know, my wife is from South America. My both. My kids speak fluent Spanish. I don't speak. I'm not good with. I barely speak English. But. But my kids was important for them to be fluent. They both. They're both very fluent in Spanish. They can speak comfortably either way. My wife speaks Spanish. So it's like to me it's. And there's cultural. From. From where they're, you know, from where their families from and you know, in South America. So we want to be able to honor that too. And there's things in certain foods or customs that we do around the holidays, so you kind of blend them. But it's one thing is true. We're universally American. We consider ourselves to be American. You know, we consider so to be American first. And we take a lot of that stuff. That's a very different point of view than coming in there and trying to implement and change the way laws are. You know, we're not going to be implementing something that's outside of the bounds of. Of the Constitution. We're not going to be putting religious things in the, you know, it's. You have your freedom, but you're not going to impose that on other people. So that's a big part of what I feel. That is sort of a very different side. And I'm going to play a little bit More of this video here.
Jeff
Money on immigrants. And I think it's a joke and.
Chip
We should worry about our own people before others.
Jeff
Do you. Do you think the political class generally are doing that, then? No, I think the Conservative Party is the absolute joke and young people in this country don't have a voice and it makes me sick. And what. So if you had. If you could vote, lads, who would you vote for? Who would I vote for? Reform uk, probably. Yeah, that's the one.
Chip
Reform.
Jeff
Yes.
Chip
We're all talking about this Prime Minister. Get rid of him.
Jeff
Watermark. Yes. So the media would say that people that vote Reform uk, older boomers, racist. Hold on one sec. But we've got a young guy, mixed heritage, who's saying Reform uk. So what are those people wrong about? What attracts you to Reform uk Reform UK is that, like, if you're an actual English citizen, you actually have a voice in what happens in this country. But then with a Conservative Party, we don't ever get a voice. So they just. Conservatives, just rich people doing what they want to make the most money that they can, which is always been for ages. But Reform uk, actual working class English people have a voice in what happens in the country. We were talking to some young boys over, over there a moment ago and they really surprised me because they said they were into Reform uk. Yeah, that's what everyone's been saying. Everyone around Chai has been saying that they're like, Reform uk, they're very into it. I haven't really heard many people talking about Labour. It's mainly just been Reformed Reform UK. Like people, you know, like 15, 16 and everything just been talked. That's really. That will surprise many people. Yeah, that's kind of strange because most people think Reform voters, older homeowners, blokes in their 50s and 60s, just saying, sorry kids, young adults in Chichester. Yeah, I think, yeah. There's a lot of people that are just. If you ask anyone around here, like 15, 16, maybe even young, they'll just say, like, it's all about Reform uk. They don't really have opinion on, like, Conservatives or Labor or.
Chip
It's just.
Jeff
Yeah. Why, though?
Chip
What's.
Jeff
What's driving them to that opinion? I don't know. I think it's because.
Chip
Tick tock.
Jeff
Because there's been a lot of things about Reform UK coming from, like, other.
Chip
Teens in other places.
Jeff
It will be like they'll kind of be influenced by that and it will be like. Because social media has got such an impact and influence on.
Chip
They're also bringing the messages. But we, we laugh here because what they call the Conservatives are the Democrats and what they call. Or the Tories, you know, they call the Tories the, the Conservatives, we call them Democrats over here. They're the, there's, there's no Conservative Party in the UK under the reform. UK is probably about the closest to it. And then you've got labor, which is even further to the left than the Tories, the so called Conservatives. So yeah, it's, it's a little bit of a, it's a little, it's interesting to see the turn. So they're starting to see some rising up. People are getting tired. They're getting tired of all the bs. They're getting tired of the censorship. They're starting to say like, hey man, we start time to speak up, start time to rallying. And we're starting to see a little bit of a turn. You know, I've always said Scott Besant is a really a. Scott percent's like one of the probably the most brightest spots in the Trump administration. And Jeff Liston, listen to him going full beast mode in this clip right here. Listen to this. He's the Treasury Secretary and the administration panic and Democrats and shit.
Jeff
They're all just a bunch of losers.
Chip
And we don't care about losers. We care about winning because we're fucking winners. And all these haters can kiss my ass. So anyway, our economy is going to be fucking awesome. And President Trump is the greatest president of all time. I love that man. America's back, baby.
Jeff
Wow.
Chip
Did you see that, Jeff? That was crazy. That has to be AI, right? I'm pretty sure that's AI. I have a feeling that's, I have a feeling that's probably going to be AI. And you know, every once in a while you get like these weirdos that kind of this, this woman I saw, I almost thought this. I was like, I had to see if it was parody if it wasn't. But a woman followed a police officer while in his car, followed him back to the police station and she was super angry because apparently didn't use a turn signal. So this got this escalated quick. So listen to this, Jeff.
Jeff
Doesn't he get a ticket? Oh yeah.
Chip
I can help you talk to somebody.
Jeff
He didn't use his turn signal.
Chip
Can I please call you an ambulance? She wants to give the cop a ticket. She followed her back to the police station signal. So I have to follow every law.
Jeff
But that can leave the scene without a turn signal. Give him a ticket. Oh my God, dude, do you need an ambulance. He doesn't have a turn signal. Give him a ticket.
Chip
Do you need to go to the.
Jeff
Why the. Do I get a ticket?
Chip
Okay, you need a ticket? Help you with anything else? All right, so this dude. So this is what I love about the Internet. So this dude said, like, hey, that's a perfect metal voice right there. Here we go.
Jeff
He didn't use his turn signal.
Chip
Yeah, there you go. Can I please call you an ambulance?
Jeff
I can help you talk to someone. Use his Tor signal.
Chip
D.
Jeff
I love it. Oh, my God, I love it.
Chip
Rocket man. You gotta love the Internet. The Internet is still undefeated, man. I mean, that was a good drummer too, man. He's playing that double bass beautifully. I was like, damn, he used to have in every part of that. It's just fantastic. Yeah. By the way, let's play this one here. By the way, we know a lot of TDS is going on. Trump Derangement syndrome. There's someone to help.
Jeff
Jeff, the election made you feel on a scale from 1 to 10, with 10 being Nazi, Nazi, Nazi. My name is Dr. Nick Peterson and I specialize in those suffering from TDS. Trump Derangement Syndrome. Hello, I'm Dr. Peterson. How are you? Well, Donald Trump is a felon. Nope. I asked how you were doing. The majority of Americans can mentally handle election results on both sides of the aisle. However, there's this small, albeit growing group of. I don't wanna say Americans, but people that are just disconnected from reality. Fascist. And honestly, it makes diagnosing these people a whole lot easier. I just check their social media. Gone are the days when you just search your symptoms on WebMD at home by yourself. Now they record their symptoms and post them for the world to see. The haircut is also a dead giveaway. So what brings you in today? Oh, I don't know. Maybe it's the orange democracy destroying Putin loving dictator. All right, so mental illness. They are completely blind to the fact that. That their absurd actions and ideologies were a big factor in their party's loss. Let me ask you this. Do you even know what a democracy is? Follow up question. Do you know how Kamala Harris became the nominee? I know you're a deplorable Nazi fascist bigot. Hmm. Okay, neat. Turns out that calling half the country Nazis for four years was not a winning strategy. And yet somehow, not even cardi b could save them. Do you realize what I'm going through? Yep. Delusions I am losing my right to vote. But where are you getting your information, Whoopi? Goldberg. Well, what's the remedy, you might be wondering. Well, if you ask me, it's a history lesson in Jesus. But the pharmacy doesn't offer those. I prescribe them a brain, and I send them to trybrain.com for more information. Well, I'll show you. I'm moving to Canada. That'd be great. And I'll be shaving my head. Oh, that's. No. And one last thing. I'm going on a sex strike. You're lost.
Chip
Oh, no. Internet is undefeated. Undefeated. Hit two thumbs up every time I watch. What? Same for Slipknot. Of course. Yeah. She frustrated Sigma Freud would have a field day today. Yeah, man. Insane. All right, let's roll the yeti again. And we're gonna do the drawing, Jeff. Drawing. Where are we? Roll it, roll it. Gotta catchy tune.
Jeff
Got something for you. Got something for you right here. Win a badass yeti.
Chip
From the Blue Tribe. Word of the day. Yeah.
Jeff
You got your salman wallet ready?
Chip
Cause this is gonna be a bit.
Jeff
Time to claim your legendary Blue Tribe.
Chip
Yay of the clan.
Jeff
Frost bears his name.
Chip
Truma.
Jeff
Let's go.
Chip
Oh, yeah. On the chain, baby. There it is, people. We've got 30 in the queue. We got a one in 30 chance. Look at that. 30 on a Sunday night right before we go into Memorial Day. Look at this right here. So, guys, let's go. Cue the song. Jeff and I will pull the trigger on the draw.
Jeff
Give me one second. Just downloading one thing. Let me get the. There we go.
Chip
Here we go.
Jeff
Here we go.
Chip
Let's go. Who's gonna win? Yeah. Yeah. Huh?
Jeff
Nice.
Chip
He said it was yigged, not rigged, but yigged.
Jeff
It was definitely. Yeet.
Chip
We can. We can. We can pull another one if you want. Zober, if you. If you think it was yigged. If you think it was yigged, we can pull another one. Our visual vendetta was right there too. Man.
Jeff
It was so close.
Chip
Congrats. Congratulations. Coming in. Coming in for congrats. Zober says it was yigged. I think we have to pull again. Yigged. It's yigged. All right, well, the big winner.
Jeff
Trying to find our giveaways here. There we go.
Chip
Yeah. Where are they? Come on now. Hey, now.
Jeff
Hey. We need your. Your Zaman wallet and your X. X marks the spot.
Chip
For you people that don't have x handles, take 5 minutes and fill out one and get an X handle so we can. We can put it in our post.
Jeff
And we have some land to give away today too, actually. And we Even have a song for that. We'll see how that goes.
Chip
Sober. Drop the wallet.
Jeff
Oh, oh. You know what I forgot to do, Jeff?
Chip
I'll be right back. I gotta run to the front door for one second. I'll be right.
Jeff
Going to the front door. He's going to the front door. All right, While he's doing that, I realized what I forgot to do. So I got to get this set up and then we got to make. I got to make sure I can find and see your Z wallet when you post it up there. So let's get that going. Give me one second. There it is. I see it. All right, perfect. It's difficult because on our software platform, can't. We can see the wallet. Can't access the wallet. So then we got to actually log into the YouTube and get it over there. All right, so here we go. Let me pull up our guy here. In two seconds, we're going to transfer this to you. As soon as we transfer this, we're going to play the new song. As good as it can possibly be. For the land drawing is something we just put together, but it'd be pretty cool. Well, let me do this. Hang on one second. I gotta scan, open up the wallet. Gonna go to the Zaman wallet. Gonna open this bad boy up. We're gonna scan and we are going to give. Here we go. Okay, sliding. Here he goes. Over. Get ready. Verifying transfer has been submitted. And there you go. Submitted successfully. You are now the proud owner of badass Yeti number 264. His name is Thruma. The room of the Frost beers. The room of the frostbeards. Big winner of the day. The room.
Chip
Yeah. Don't forget your Twitter handle is over. What is your ex handle? Dude, drink more coffee.
Jeff
Okay, I gotta go back to the YouTube. See if you put it in there. I didn't even notice.
Chip
I didn't see it in here. No, there's a. Reminding him so. No, I don't see it in here.
Jeff
Back up. I don't see it. It was number one. Look at that. Number one. Chad Newsome. Number one in the community or Chad nauseam. Okay, let me go. Oh, wait, I thought I just saw it. Nope.
Chip
Dober underscore.
Jeff
You see it? Yeah, it says message retracted.
Chip
Says Zober underscore.
Jeff
Okay, I still don't see it. Live chat.
Chip
Yeah, there it is. I don't see a. I see. I see a. Zober. Hang on a second. No, see, this is. This is not good. Now I see the same. Which one? Is his. Because here we go. That's what I see here. I see this. I see Zober underscore one.
Jeff
Huh?
Chip
Both at the same one.
Jeff
So then which one is it?
Chip
One. Which one is this?
Jeff
He just says Zober underscore. Try Zober underscore without a one.
Chip
No, there is none. But see, that's the same. That's the same image, though. You see?
Jeff
I see that. So let's go with that one.
Chip
Great one. You sure it doesn't have an underscore one? Because that's the same image right there. It's underscore one.
Jeff
It probably is. And then, like, just maybe he left out the one when he copied and pasted it in. Yeah, it is one. He's got it said it's Zober underscore one. So. All right, now we're gonna pull up. Let me pull up the land. So this guy is gone. Badass Yeti264 is gone. Let me pull up this land. Let me. Let me roll this real quick. Let's see if this.
Chip
I'm putting land, you know, type in L, A, N D. Oh, shoot.
Jeff
Nine of them so far, man. What's the word? Land. L A, N D. Right? We're gonna give away. Let me show you guys the land, and then we're gonna roll the. Then we'll roll the song. There's the land right there. Hillside City. So four plots on Hillside City from X Spectre. All right, so here we go. Let's see how this rolls.
Chip
Ladies and gentlemen, gather round and hold on tight.
Jeff
We've got a giveaway that'll blow the.
Chip
Digital roof off the Metaverse. Welcome to the XS Spectre Virtual Land giveaway. And today's spotlight is shining bright on Hillside City City, Zone five, Parcel three, one of the most coveted slices of virtual terrain this side the Ledger. That's right. This giveaway includes not one, not two, but four exclusive plots. 1799, 1799, 27 2, and 13 bundled together into NFT, R1, Z5, P3.
Jeff
You got it wasn't perfect.
Chip
You gotta post the video too, though, Jeff. You gotta post the video.
Jeff
That video is bad.
Chip
You gotta post it bad.
Jeff
The plots were 1798, 1799, 1802, and 1803. I don't know what it. I don't know what it was saying.
Chip
Landfill. All right, all right, let's do this. Let's go ahead and post this up on the screen. We've got the land up there, and let's get the tune Going. And I will go ahead and pull the trigger. We got a 1 in 20 chance of winning this one.
Jeff
1 in 20 already.
Chip
Damn. 1 and 20. Let's go. Who's gonna win the land Charles won yesterday? One winner per month. Let's go. Go ahead.
Jeff
Keep it going on the redraws. That's pretty funny. I love it. We're all gonna pull money together. We're gonna go and play. Go play the lottery or block.
Chip
Yeah, dude, you better start playing them. You better start playing. Justin Harrison. Boom. Justin claims his leadership upon the top marks there. So both he and Jen both own land. I think she won the other night. There you go. Justin wins. Big winner. All right, man. Dude, you better start one land. You better get like. You better get scratch off tickets. You better get, like, you know, lottery tickets. You better play like the. The giant, you know, lotteries, everything, man. Johnson says he's here. Yeah, we need your. We need your. Your ex. Your X handle as well. Yeah, ex hindle.
Jeff
X handle.
Chip
Let's see if we can find it. Badass yetis.
Jeff
Badass yetis on the chain.
Chip
Badass.
Jeff
Huh? We need Justin's wallet. Oh, where'd I just put it? There they are.
Chip
The chain bad as it is. On the chain, bad as it is.
Jeff
Right, Right.
Chip
There we go, man.
Jeff
Go get your wallet. Go get your wallet. He left his wallet in the other room. Marquee. Got it.
Chip
You got that? Yeah.
Jeff
I just need the wallet. Get to be a wallet.
Chip
Let's see.
Jeff
All right, man. We're rocking and rolling over here.
Chip
Yep, Followed them back. Got it.
Jeff
All right.
Chip
All right. Good deal.
Jeff
Let's go. Mike says Charles has to have a security clearance.
Chip
Charles is crushing it, man. Crushing it.
Jeff
And that's great.
Chip
Crushing the dude. Well, congratulations to the winners tonight. Zober and Justin Harrison. That's awesome, guys. We will be posting that out there if you guys can. XRP is my biggest bag. Just has a wallet. Congrats.
Jeff
Like, number one in the community right now.
Chip
But I thought it was rigged.
Jeff
It was rigged.
Chip
Oh, rigged. By the way, just so you know, Mark Smithson cannot go to Vegas next week, but he'll be at the Dollar store in Sterling Heights.
Jeff
Hey, I'll meet you there. I'll meet you at the Dollar store in Sterling Heights. How about that?
Chip
Sterling Heights. That's funny, man. That's fantastic.
Jeff
Justin, come on.
Chip
This is in. We're still waiting on that. Are we still waiting on that? On the. We are waiting on that.
Jeff
Waiting on the Risky.
Chip
Is it risky? Is it risky? Is it Risky. Is it risky? Apparently it is. Margaritas. Margaritas. Badass. Yet is on the chain. That is your tears on the chain.
Jeff
All right, well, there's a roasted bean.
Chip
Straight to your cave monthly without burning your wallet. No fluff, no fads, just great.
Jeff
Coffee hasn't picked.
Chip
Small batch. Roasted. Yeti approved. Poda joined the rebellion. Drink like a legend. Badass. Yaytiscoffee.com Yatis Isolation never stops.
Jeff
Never stops.
Chip
Never stops.
Jeff
All right, here we go. Here we go. Justin, get ready for this because this is. Man, it's 922.
Chip
Look at that.
Jeff
It's good numbers. 21, 22. I love it. All right, here we go. Coming to you, Justin. In fat. Oh, wait a minute.
Chip
What can you buy for a dollar?
Jeff
There we go. Now I'm signing it. It's on its way. 5, 4, 3.
Chip
There it goes.
Jeff
1. Done. Submitted successfully and you are now the proud owner of R1Z 5P. Three beautiful lots in hillside city over X spectre. Check out the x Spectre Land Zone 5, Parcel 3. Four plots, 1798, 1799, 18, 1802 and 1803.
Chip
I'm going to play us out with this because it's Memorial day, but we're going to play this last one and we're going to get out of here. We are gathered here on the sacred.
Jeff
Soil of Arlington National Cemetery to honor the lives and deeds of America's greatest heroes, the men and women who laid down their lives for our freedom.
Chip
Today we pay tribute to their superior service.
Jeff
We mourn alongside their families and we strive to be worthy of their sacrifice.
Chip
They fought and bled and died so.
Jeff
That America would forever remain safe and strong and free.
Chip
As long as we are blessed with.
Jeff
Patriots such as these, we shall forever remain one people. People, one family and one nation under God.
Chip
There we have it, guys. We were back on Wednesday evening here. Wednesday evening at 8:00pm Eastern Time, guys. Have a great rest of your week. And that's all we got. Justin said he got it. He's in. Got it, dude. He's in the X spectre verse, baby. Beautiful. Thank you for great shows. Always. Yes. Appreciate fine gentlemen, gentle dudes. I love it, man. Thank you, guys. Appreciate it. Yeah. Safe Memorial Day. Remember why we celebrate. Enjoy, you guys. Yeah. Thank you, man. Thank you. Charles. Charles the winner. Charles is not going to become the winner. He's just gonna be known as the winner. The winningest winner and the winningest winner of winter history.
Jeff
He should change his name. That'd be pretty sweet. Just shows up the winner so.
Chip
We love you guys too, man. Thank you, brothers. Thanks, Mike. Appreciate you. Thanks, Art guys. Have a good one. We'll see you guys on the next one. Chip and Jeff. Oh, see you guys on Wednesday. Are you down with otc?
Jeff
Please, like, subscribe and click the bell.
Chip
To be notified when the next video drops.
Podcast Summary: "Hoskinson Just Backed Ripple?! Chaos in Europe, Stablecoins Surge, and XRP’s Wild Ride"
Released on May 26, 2025, on the podcast "On The Chain - Blockchain and Cryptocurrency News + Opinion," hosted by Jeff and Chip, this episode delves deep into the latest developments in the blockchain and cryptocurrency space, with a particular focus on Ripple (XRP), stablecoins, and significant geopolitical events impacting the market.
The episode kicks off with a heated discussion around recent statements by John Wingate from Ripple. Jeff and Chip analyze Wingate's enthusiastic remarks about a groundbreaking meeting with the Ripple team, suggesting significant advancements in international settlements. Wingate's assertion about thinking "big" and mentioning a "1,000,000x" growth target sparked debates among the hosts about whether this alludes to Ripple's transaction volume rather than XRP’s price.
Notable Quote:
Chip (03:19): "If you're not thinking big enough, think big."
Jeff and Chip further explore Ripple's enterprise-centric approach, emphasizing their focus on large-scale money movement rather than retail adoption. They highlight Ripple's integration of RLUSD (Ripple USD), a stablecoin designed for institutional use, which has seen explosive growth, boasting a market cap nearing $300 million and trading volumes around $10 billion in just six months.
Notable Quote:
Jeff (11:12): "Stablecoin adoption will continue to grow and demand is driven by utility."
The hosts shift focus to Ripple’s acquisition of Neuron, a platform aimed at transforming financial institutions into fintech powerhouses using AI-enabled systems. This strategic move positions Ripple to offer comprehensive solutions, including fraud detection, AI lending, and card issuance, thereby accelerating the adoption of blockchain technology in traditional banking sectors.
Notable Quote:
Chip (08:59): "Credit unions and community banks are taking it back. Neuron turns any institution, no matter their size, into a fintech force."
A significant highlight of the episode is the discussion on Charles Hoskinson, renowned for his candid opinions in the crypto space, endorsing Ripple. Jeff and Chip interpret Hoskinson's support as a validation of Ripple's strategic direction, especially concerning the potential acquisition of Circle, a major player in the stablecoin market. They argue that such a move would disrupt existing monopolies, fostering greater diversity and integrity within the stablecoin ecosystem.
Notable Quote:
Jeff (23:07): "Ripple's coming in breaks apart that monopoly and creates more diversity."
Fiona Murray, APAC Managing Director of Ripple, is referenced regarding the Independent Reserve Cryptocurrency Index of 2025. The discussion underscores the pivotal role of stablecoins, particularly USD-pegged ones, in facilitating complex financial operations like cross-border transfers, DeFi lending, and derivatives trading. Jeff and Chip concur that Ripple's RLUSD is tailored for institutional compliance and utility, distinguishing it from retail-focused stablecoins.
Notable Quote:
Chip (15:18): "Stablecoins for moving money. It totally makes sense."
Transitioning from cryptocurrency, the podcast examines the passage of the "Big Beautiful Bill" in the United States, as detailed by Stephen Miller. The bill encompasses extensive tax reforms, welfare cuts, border security enhancements, and significant spending reductions, totaling a net cut of over $1.6 trillion. Jeff and Chip address widespread misconceptions about the bill, emphasizing its focus on mandatory spending rather than discretionary expenditures.
Notable Quote:
Chip (41:37): "This is the most pro-American tax bill ever."
The conversation then shifts to the United Kingdom, highlighting massive protests against Prime Minister Starmer and the rising support for the Reform UK party. The hosts discuss the frustrations surrounding immigration policies, emphasizing the need for national sovereignty and cultural preservation. They draw parallels to similar sentiments observed in the US, advocating for prioritizing citizens over immigrants to maintain cultural and economic stability.
Notable Quote:
Jeff (45:02): "Why can't they preserve their language, culture, and borders the same way any country would?"
In a lighter segment, Jeff and Chip engage their audience with giveaways, including "badass Yeti" collectibles and virtual land plots in the X Spectre Metaverse. While these segments add an entertaining dimension to the podcast, they are briefly touched upon without delving into content-related details.
As the episode concludes, Jeff and Chip pay tribute to Memorial Day, honoring the sacrifices of American heroes. They reflect on the importance of remembering those who fought for the nation's freedoms, aligning the podcast's themes of resilience and strategic advancement with the solemnity of the day.
Notable Quote:
Chip (78:33): "We pay tribute to their superior service."
This episode of "On The Chain" offers a comprehensive analysis of Ripple’s strategic initiatives, the burgeoning role of stablecoins in institutional finance, and the broader geopolitical factors influencing the cryptocurrency market. Through insightful discussions and expert perspectives, Jeff and Chip provide listeners with a nuanced understanding of the current blockchain landscape and its intersection with global events.
For those new to the digital asset space or seasoned veterans, this episode delivers valuable insights devoid of hype, staying true to the podcast’s mission of providing high-quality, fact-based content to a global audience.
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