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Jeff
Is XRP actually winning right now? Not on price, not on hype, but in positioning. Chip. Because while traditional financial. Finance. Financial. I was going to say financial sectors. Sectors. Traditional financial. I'm messing up this whole intro.
Chip
Mulligan, start over. Jeff, starting from the top.
Jeff
From the top, from the top. I'm gonna. I'm gonna.
Chip
We'll cut that section out.
Jeff
We're gonna cut that out. Even though we're live. Going to be cut off.
Chip
We cut it on the replay.
Jeff
Amazing. We're going to cut on replay.
Chip
Welcome one Go.
Jeff
Welcome to on the Chain. This is Jeff here with Go Chip. What is going on? Everybody out there in the on the Chain community tell you what's going on. Here's the big question I have for everybody. Is XRP actually winning right now? And I mean, not on price, not on hype, but an actual positioning. Because while traditional finance absorbs another credit shock. And we're going to talk about what's going on over in the uk. It is shook. Barclays and UK banks feeling pressure from a private lending collapse. What does that mean? Is a calamity in UK's future? I know it is. Politically ripple continues building institutional infrastructure. And at the same time, global tensions are escalating. Iran crisis deepens. Markings are feeling it. I don't know. Crypto markets are up. This isn't isolated. This is pressure across the system.
Chip
Yeah. When banks start showing stress, when credit exposure surfaces, when geopolitical instability rises, you don't look at the headlines separately. You have to really look at who's positioned when the old rails strain. Jeff, that's it.
Jeff
And tonight we're going to break it down as we always do. Come here. If you just want some hype and fomo, I think you're on the wrong channel. If you want real news analysis. You guys want us to break it down? That's what we're going to do here. We're going to break things down. We're going to workshop it. We're going to talk about what's actually happening over there with Barclays and the UK bank pressure, why private credit for fragility actually does matter and how on chain transparency actually can change the risk equation and whether XRP is quietly stepping into an advantage. Chip, I think that part's interesting, but if you're here again for speculation, this isn't it. Nope. If you're here to understand structural positioning, let's get into it.
Chip
Let's go. Welcome to on the Chain. Oh, where's everyone coming into tonight? This morning, wherever you're from. From Hawthorne, Florida. If you're saying hello, if you just. Just saying I'm off the grid for about six months.
Jeff
Off the grid, man. What happens, man?
Chip
Yes. Real news, baby. Real news. Like we told you so. Sup. Sup. Vendetta is in the house. We're the news now. We are all the news. That's the best part. I mean the mainstream media is losing market share. It's like, haven't they lost enough? No, they still have more ways to go until nobody watches them anymore. There's still a few devout, I don't know people that love that, they love the propaganda. But what are you gonna do? Pompey here in the house? There you go. And tonight we're going to kind of break it all down. There's so much going on. I mean we could probably do a five hour show without even taking a breath. Jeff. There's so much like stuff. So sometimes you got to pick and choose, like what are we going to cover? What do we think we're going to cover? What do we actually cover? Right. Because one comment in inside could take us down a road we need. We're planning on traveling down. How it works. That's sometimes how it works. Up iotc. What's up? What up? And so I thought we'd kick it off here with Ellie Terrett. Lots of new crypto folks jump into the defense of Patrick Witt. If you guys don't know Patrick Witt. Now I had the chance to see Patrick Witt up and close and personal two rows back from where he was sitting, where at Ripple Swell. And that was one of the really, I really enjoyed. I love this guy. He's on the President's team. He's the executive Director of the President's Council of Advisors for Digital Assets, Deputy Director, Department of War Office and Strategic Capital. It's funny because he kind of. I always think of him as like that might be Eric Trump's long lost brother. He just kind of has this sort of vibe to him. He almost feels like a Trump so and so. Patrick Witt in the White House following comments from an unnamed source. They're always unnamed sources. Jeff claimed to be directly involved with the stablecoin yield talks. And then I shared the post and the crypto Twitter reaction with a banking side source that has direct knowledge. That's the other one. They use somebody that has direct knowledge or an unnamed source of the negotiations. And they said that the bank trade representatives from ABA Bankers, this is the American Bankers association and also the independent community banks, ICBA also along with Bank Policy Institute, who attended last week's White House meeting, were perplexed by the characterization. Do not share the unnamed sources views. They have already relayed that to the White House. Additionally, they're unsure why the individual characterized the situation in such a nihilistic terms, noting that both sides are still having input on text, are not, aren't necessarily living or dying by the March 1 deadline. And you know, it's so funny. There's always somebody trying to throw a bomb in the middle of it. But it is nice to hear from these main thrill, the three, three biggest banking associations, Jeff, that, that are chiming in and saying, no, that's not, that's not what's going on at all. So who's trying to derail this? Like, who's trying to like say it, you know, with piss and vinegar all over the negotiations?
Jeff
Yeah, they love. There's, so there's definitely entities that are at play that are trying to derail the financial ecosystem. And, and they, they really want to derail some positive progress, you know, trying to put in all the negatives.
Chip
So let's do this. And Jeff, take this one here, because this is send. This is the guy right here, senior writer over at Decrypt. And this is where they kind of call out Patrick Wick. Go ahead and take this one.
Jeff
Yeah, so, and this is, this is important because we're talking about the stablecoin deal here. So new the White House wanted a deal on stablecoin yield done by this weekend. Will that happen? No. A banking source with direct involvement tells me Patrick Witt made the unfortunate error of going out to the press and saying he'd get it done before March. Well, it's March 1st today. It's not going to get done before March. The source said the crypto and bank lobbies are still far apart on the issue of yield, which is holding up a crypto market structure bill. Is there language circulating?
Chip
Yes.
Jeff
Is the language close? No, the source said we're not close to a bill. Now this is interesting, you know, how he's breaking all this stuff down. And here we go. We have two part, you know, two groups, two parties, and there's no commonality here. There's, there's some discussion. But are they close? It doesn't seem like they are now, he continues. I think that there's a very real likelihood that this thing's falling apart unless Brian Armstrong comes to the table. The source added, referring to the Coinbase CEO who has been adamant that stablecoins can generate Yield for users. Now, this is actually, you know, an important component here because you should be able to generate yield off of a stable coin. You really, if you think about the fact of, you know, gaining yield and, and holding your crypto assets someplace, I want more protection, you know, if we're going to hold it. And if you have chaotic systems that are highly speculative, at least the stable coin is staying stable. And this is, you know, kind of the point of what they're addressing here. It's like putting your USD in a bank account not gaining your half percent interest that the bank Grace gracefully is willing to, to give to us peons. Then the source emphasized that the banks want to deal here, but, but figure chances of passage could drop to near zero over this next month. Chip, what do you think they're debating if you were to give an estimate guesstimate, why is there a disconnect here and what are the banks holding out for? Oh, you're muted. You muted.
Chip
I had to cough and so I didn't want, I hit the, the cough sneeze button and didn't change it. But what I think is going on here is, I mean, we know the hold up is about earning the yield, but I think, you know, both sides are inching closer. But I almost feel like saying like, well, Brian Armstrong's gonna come save the day. Yeah, Brian Armstrong that bent the knee twice the SEC. And then when ripple won, then he was like Mr. Big man pounding his chest right when it was convenient for him to be big man on campus. Then he's like, oh, throwing around like, look at me, you know, here's some bills for you and I'm the man, right? But when, and meanwhile, Ripple playing it close to the vest, like behind the scenes, having conversations along with a lot of other people. You know, it wasn't just not just Ripple, but, you know, piss and vinegar doesn't get it done, right? You know the old saying, you can track more bees with honey than you can with piss and vinegar. And so this guy going, oh, Brian Armstrong should come in and do it. But yeah, he's throwing bombs. And it's like, okay, you don't want to. You're not trying to piss off the other side, you're trying to engage with them. So they're probably getting closer. But the banking cartel knows that if you, if you can go over here, like with crypto, right, you say like, I buy bitcoin, great, I bought Bitcoin 126,000. Well, then it goes down to 60. You're like, oops but your point, Jeff, is the stable coin stays paired to the USD. Yeah, the USD is going to fluctuate, but it still stays the USD. And if you can earn 6, 8, 10% by going to an exchange or someplace else, now is the. Now the banks can play the same game. How are they going to produce the yield? Right? And you know, most of the time you get such sleazy interest rate and it's all convoluted what you actually can earn. So the banks don't want the outflows. They're worried about so much money and capital that they position and make so much money on your money that when you actually need it, they give it to you. And if you need too much to take out of the bank, you have to let them know on your money because they have it earning their own yield, 4 or 5, 4 or 5% out here, but they don't want to give it back to you because that's the way they make money. So their whole thing is like, well, look at the outflows. You're going to have so many people who have money market accounts that are earning 4%, 3%, whatever. It's going to take all that money, hundreds of thousands, millions, billions of dollars. It's going to go now sit on an exchange because they can earn yield on it. So the, the, they are really worried about that. The thing is, they could play the same game, but they're monetizing on your money right now. So maybe the sides are getting closer, maybe they're going to figure out what the yield could be. But that's a pretty, that's a yes or no type of thing, Jeff. Yes, you can earn yield, no, you can't earn yield. So I don't know if there's any in between. I mean, do you think there's something in between thing you're going to say? Well, yeah, sure.
Jeff
I don't know how there can be an in between.
Chip
No, it's either, yes, we have to
Jeff
be able to, yeah, we have to be able to earn some form of a yield on stablecoin. Otherwise, you know, what they're saying is the stablecoin will not get to a point transactionally where people are going to want to hold it long term. And so from a banking perspective, they need to find their path on how. You just brought it up. How do they make their revenue, you know, from that stable coin, you know, so how do they now compete with, let's say a coinbase? Coinbase is either becoming a bank or the bank is Going to acquire Coinbase. Coinbase is gonna, is going to acquire a bank. And this is what we talked about right from the beginning. Which one comes first to the crypto houses start bank acquisitions or do the banks start crypto acquisitions? Everybody knows that crypto genie isn't going back in the bottle. The crypto genie staying out, the stablecoin genie in is staying out. Now it's a matter of, you know, who is going to gain the benefit from revenue. Now if the disconnect is, well, the bank doesn't get to touch it, you know, and they want money off of it. Like you just said, they need to find their source. Now they're going to find, you know, their revenue from short term lending and long term loans, you know, with, with your asset. So you put your asset there and they are able to lend out X percent and only hold X percent. But the stable coins are going to be a little different, you know, so I think, you know, there's more transparency, it's streamlined, it's efficient and you should be able to transact with it 24 7. So are they going to put a hold period within their ecosystem? Can they put a hold period, you know, in order for them to, you know, whatever they need to do on their paper side. Right, because they still have short term loans that they're paying you interest because they're lending at a higher rate. And so I think there's multiple factors that are going to be involved with this whole dis discourse. Whether your money is being tied up, you know, from retail or institutional or however they're going to start paying yield off of it. There. There's so many factors. The banks want a piece of it. So which one comes first? I think, I think we haven't really
Chip
seamless, you know, look at, Coinbase has already transformed themselves into a brokerage that you, you can now, you can purchase stocks on there now. Right. So it's like it's the natural evolution. It's coming. They're probably gonna, they're gonna wait a little bit, they're a little bit, a little bit too weird. If Coinbase becomes a bank right now, you know, it's like, let's wait till some of this legislation gets passed and then we'll go ahead and throw our hat over the like thing.
Jeff
But who do they buy? Does, does Coinbase buy a bank or does a bank buy Coinbase? Who has enough money, which bank has enough money right now to buy Coinbase?
Chip
Yeah, but it'd have to be some sort of a hostile takeover. I Don't see they're going to be giving it up anytime soon. And then also there's a lot. It's regulated so you have the, you know, it's public company so you have to do some kind of, there have to be some shenanigans behind the scenes, somebody buying it up. But David Sachs commented on Ellie Terrence about her, you know, people jumping on the defensive. Patrick Witt and David Sachs, who is the crypto czar, says Patrick Witt's doing an amazing job brokering and compromise between the banks and the crypto industry. No one is working harder to get market structure legislation across the finish line. And by the way, crypto has made major concessions on stable coin yield. Time for banks to reciprocate. And that's a good point. It's like, look, we're going to come a little bit. You got to give up something too. That's what compromise is about. It's not like we get our way because at the end of the day the banking cartel is not going to. You have to transform your business model. You making money. It's like this, that was the whole thing. It's like, oh, Friday at 5:00', clock, sorry, you'll have to wait till Monday afternoon to get your money. Meanwhile on the weekend we'll float your money in her billions on it. Million, you know, at least millions. Right. So it's. And so look at Patrick Witt chimed in on what Brad said, which Brad said the door to the deal is wide open. The banks just need to act in good faith and walk through it. Right. It's exactly what David Sachs is saying. Like hey, they gave up a little bit. You got to give up a little. Let's try to get it done. Patrick Wit boom. Target hit. Perfect. Right. So I love that. Yeah. So Luke judges, I saw a great dinner post. It was David Schwartz and Luke judges and a whole bunch of people from Ripple sitting at a table for the VIP dinner over at XRP Australia which happened on Friday, which Jeff, we were not there this year. 31 hours of travel is a lot for one day event. But salute. Judges said he was. He was commented on first squawk which came out and said a new credit blow up in London has Wall street chasing billions of. And Luke judges said well from Ripple he said well pretty Large default in UK lender MFS Barclays $600 million exposures. Jeffrey Santander and Wells Fargo also appear to have exposure. Now this next line is so key on chain collateral would have made this significantly more transparent and it's another case for banks also having like this, like for the, for on chain collateral. Because you would have seen this a lot sooner, right? It would, it wouldn't have been like, oh, look at that, it's screwed up now. So what do you think about that as far as onchain collateral, you know, being on the blockchain versus, you know.
Jeff
Yeah, I mean, right from, right from the get go, you know, I think that we're going to start seeing that transition to giving, you know, putting the banking infrastructure over in a blockchain environment. I think it's going to happen naturally. You know, could it have been, could it be more transparent? I think it potentially could be, but these are, you know, still private entities, you know, so are you going to see. Well, I mean they're private but publicly traded. So from that perspective, there still needs to be a release of balance sheets and maybe things would have been a little bit more revealed, you know, potentially. It all depends on, on how they're hiding it. What, what exactly are they doing with the numbers? I don't know. I mean, the, the stuff has to be transparent now. So would the wood on chain have made a difference to make it more collateral or would it on chain have made it more.
Chip
I mean. Well, it's transparent, but again, banks are necessarily going to be that transparent. But he's pointing it out. Marquis says that Coinbase has the cheapest fees for me. That's why I use them. Then on the way at the counter of that, El jefe saying, you can't pay me to use Coinbase. Well, you probably could. It depends how much, how much money you want. And USDC withdrawals are free for the most part, which is pretty strong. So what do you do? Are you converting it to USDC and then doing it, getting it out. But then he follows it up and say, I never cash out. I use the debit card and my spending source is usdc. Point of sale, transactions only. Okay, that's interesting. That's a good, that's kind of a cool way because if you're using uscc, it transfers the usdc. And so that's all that's actually happening in the background. An interesting way to spend it. Try killing.
Jeff
There's no real, there shouldn't be a gain off of a usdc. Are they seeing stable coins as cash or. They still see it? I mean, there's no gain or loss with the USDC as you spend.
Chip
Bodhi saying, is that with the debit card and setting the source to usdc because, because they're because they're, you know, because of the fees are a lot less. Right. So if the fees are almost next to zero, they're minor. It's a lot easier to do that than on crypto. So if you designated crypto. So that's a good, interesting strategy there too. I still have bit True, I do too. But I'm like no thanks man. I remember at the panic I had where I have a little bit of crypto on there. It's like if you don't get it off tonight, it's gone forever. I was like what? Yeah, it was like one of those things where I was like thank God I saw that. Then we've got this one in.
Jeff
You remember that?
Chip
Yeah, I was like a pan Real world asset watch list Jeff. That's such a thing. Just in Control Alt which is backed by ripple secured, a 280 million dollar diamond tokenization deal in the UAE. Luxury assets are officially moving in on chain tokenization is expanding beyond traditional finance. Luke Judges said don't tell my wife. This is now on the xrpl. See what I said? That's it. I'm telling her. That's what I said, right? I'm telling her right now. Look at, look at King Velax. He's like who cares? This is old news. It did absolutely nothing to the problem.
Jeff
Oh my God.
Chip
280 billion tokenized on the ledger. But I say it, nobody talks, right?
Jeff
So this is, this is a perfect example. That comment of what we were talking about yesterday that the majority of people that are holding XRP are strictly there from a speculative perspective waiting for every little bit of news to be a price move. This is a perfect example. You know, who cares is old news. Did nothing to, to the price. Okay, great. It didn't do anything to the price. It's progress, right? We're building, we're developing, we're moving towards a future. That's what you need to identify. We're, you know, the whole speculative, you know, move up and down. Are we going to hit another all time high? It's going to happen. Bitcoin sitting at 66,000. It's half, half of what its all time high was. This is like you know when it was 20,000 back in 17 and it went down to 10 and then back down to 3. I mean this is, this is the place that we're sitting right now. And so all time Bitcoin goes over 125 the whole market's going to go up again. You know. So that puts xrp you know, probably over, you know, two, three dollars again potentially, you know the whole market is going to start moving. We're not there right now, especially if
Chip
we get that market structure bill. It definitely will. But yeah, I mean just give it
Jeff
some time over the next 10. You know.
Chip
Reese Merrick said traditional finance meets digital access. The bridge can still be a little shaky. Managing a matrix of exchanges and bilateral risk isn't just a headache, it's an inefficiency tax on your capital. The new ripple white paper introduces digital prime broker model which is transforming complex risks into streamlined one to one relationships. And inside the blueprints you can get a unified access, one portal, multiple views, scalability infrastructure that grows with your aum and also efficiencies which is collateral optimization. This is it, Jeff. You know how we're going to go through it today? Like this line.
Jeff
We're gonna go through it line for. We're done, we're gonna analyze.
Chip
No, we just went through it. Look, watch. We do it again. Ready? What?
Jeff
Well, let's, let's.
Chip
We'll go back the other way. How about that? Let's do it this.
Jeff
At least read the COVID page.
Chip
Nope.
Jeff
What does the COVID page say?
Chip
Ain't got no time for that.
Jeff
Jeff Head cover blueprint for institutional digital Assets.
Chip
Well, there it is.
Jeff
I'm sure it's good. It exists.
Chip
It's a lot to read, Jeff. It's a lot of read.
Jeff
It's a lot.
Chip
It's way too much brokerage and like I don't even know what it means.
Jeff
It's a lot of interesting stuff.
Chip
I just throw this in the chat. GBT or perplexity? Just say read this and tell me what's important.
Narrator/Announcer
Did you read it?
Jeff
Read it and give us like one paragraph on what it was about.
Chip
There isn't even one paragraph.
Jeff
Just one.
Chip
And it's also for institutions. So guess what?
Jeff
Jeff put in the chat GPT and give us like the one elevator pitch sense.
Chip
Do you act like I care? I don't.
Jeff
You should care.
Chip
I don't because I don't care. It's too much to read. Man. If I wanted to read I'd go back to school.
Jeff
Jeff on that.
Chip
I like to watch YouTube videos.
Jeff
You've heard it here first take it
Chip
on a Morris to Buy More. Right about that. I remember it glitched down to 11 cents and I missed it.
Jeff
I think man, if it goes down to 10 cents, that's it.
Chip
Jeff, don't you have a cool song about a cool song about xrp?
Jeff
Cool song about XR Pay xrp.
Chip
XR Pay xrp. Jeff, look at this right here. Look at this. I got a good review on my hair. I'm happy to hear that. Jimmy Young says, good, nice hair. She's looking good. Yeah, I just gotta cut again. I'm, like, working on it. If I'm gonna. We'll do the video where your hair stays. Your head stays the same, and mine's like, bang, boom, ponytail, long, down, up. It's like the evolution over the last six years of all of my different hairstyles, man, it's been all over the damn place. Then I grew it out for four years, and then I had to cut it. I was getting really. It's getting really getting rough. All right. For a while.
Jeff
Wait, let me upload this. Hang on a second. See what she thinks.
Chip
You got to get it up. Go ahead and upload that. Jeff, why don't you. Why don't you upload that for a second?
Jeff
Want to try to upload it for a second?
Chip
I think what I would do is I'd try to upload it first. That's probably what I would do.
Jeff
You think so?
Chip
I think I would.
Jeff
Would you? Would you upload it or would you?
Chip
Yeah, I would.
James Taylor
They said it was dead. They said it was done.
Chip
Now watch the shift Cranking it up, Jeff.
James Taylor
The recess. Banks F pressure pipes coat road bar place pivot when the old real slow 47 years of shadow flow Follow that money watch it close legacy wise can't keep pace face 10 second settle clear that space cross border Friction erase, liquidity Move at machine gun pace UK cracks in the backbone frame infrastructure Stuck in yesterday's game Meanwhile XRP changed the lane Global value move no middleman chain slush buns dry when the light gets on Dark roots fade when the trail gets drawn Transparency cut where the lies were strong New rails rise while the old folks all wrong Is XRP winning? Look at the shift Old world falling paradigm lift Pipes get cleared and the power flips Block by block that future hits Is XRP winning Say it louder Legacy systems losing ground when the dust clears who's still around? Digital rails run this town.
Jeff
That's it.
Chip
I like it, man. Like it. Nice flow there.
Jeff
I like that. So I like that at the intro,
Chip
especially that, like, weird beat to, like, be going like, you know, rapid over there. Sounds like it's taken from some.
Jeff
Some.
Chip
Some. I don't know, some operatic story or something.
Jeff
It wasn't expected, right?
Chip
I was not expecting that at all. That was more singing or Something. Which one? Data likes it, though. He says dope. Dope, dope, dope, dope.
Jeff
James Taylor.
Chip
Oh, it's definitely James Taylor. All the way. James Taylor. What a. What a funny kid. What a funny kid, man. James Taylor.
Jeff
100 A.D. never called. Would it be funny if they wait too long? And all the banks need the Nostro Vostro secure account money for bailout. That's interesting. Then all that money would be absorbed in favor.
Chip
Sorry, suckers. That would be funny. Not as funny as James Taylor. Pretty good.
Jeff
Sorry.
Chip
He's got a $0.71 buy order in for a thousand. That's his lowest. Well, who knows, man? You could be revising that. Maybe we go down to 41 cents to see my person. 41 to 50 cents. 51, 55, 50, 43, 42. It was like for the longest damn time. It was crazy. It was crazy. AI music better than most pop, rap and trap. Yeah, you're right. I'm doing some, man. I'm like, I'm loving it. Right? So we're gonna. Let's do that. So I made the. I. I made this song a while ago. I made this song probably about six, eight months ago, experimenting to see if I could take part of it and put it in Japanese. And then I sent it to my friend, and my friend sent it to some native speakers, and they were like, no, it's spot on. And I watched the view, like, the listens go way up, right? And so I took it and I thought, let me. I came up with a concept about the video, and I said, let me turn this into a music video. I was testing out some new AI tools since that's pretty much what I do now these days, make AI videos for people, commercials, anything you want to help people monetize and do shorts on. And here it is. This is called Rain and Light, but let's take a listen. This guys, turn the speakers up and let's watch. Here we go. SA. In the darkness There's a light Guiding me To hold you tight. Hold you tight. Darkest night I know we'll be all right the city's rhythm Our heartbeat
James Taylor
in
Chip
the rain Our love is sweet. To you Again in the darkness There's a light guiding me to hold you tight. Samantha. Boom. And there it is. A little growl at the end there. Little growl. You guys probably don't know this, but yeah, My former background is a creative director. And I did spend a lot of time shooting stuff for. Did a show that aired in cnbc. And if I had to hire a crew If I. I mean, most of the shots that the. The. The. The heroes walking through, you know, the main character or shots that I took when I was in Japan in December. So it's amazing to watch those shots come to life with, you know, characters. You know, I created these two characters and then, you know, ran through the story. But it was a lot of fun to do this. And so, you know, because of that, I've got some other work that I'm working on. People see it, they're like, okay, I need you to create this. So if you guys are looking for anything like that, if you guys are looking, you know, know, for commercials, videos for your Promoting your, you know, your company or whatever, hit me up. Hit me up in a dm. But that's. But that was a lot of fun to. To work out and. And just kind of like, get a. Get a story together and stuff. But, yeah, no model release forms, no location people, no crew to go out there. No multiple crews. So not matrix at all. No, that was me seeing the leader. That was actually Jeff. That's what people don't know. That was Jeff singing it a little bit. Yeah.
Jeff
The entertainment industry is over.
Chip
You know, it's gonna. It's gonna be. Yeah, I mean, it's. It's really. It's, you know, it's not 100 yet, but it's pretty close. To be able to, you know, to be able to figure out the camera angles, too, you have to, like, figure out, like, how you want to tell the story, and you can direct the AI to kind of do it. Sometimes it listens, and sometimes it does not. And he just. You have to. You know, there's a lot of re. A lot of iterations, but some of the prompts are monsters. They're this long. Describe every little part of it. Not one Yeti in there? No, not one Yeti. There was. There was a.
Jeff
You can't get in trouble.
Chip
Can't control. We can't win them all. So. Scored a grab with that one. There you go. Well, there you go. I gotta enter in some contests. There's always some cool AI contests out there, you know, because part of it's like, tell a story without actually using the words. I have an English version that I'll probably spin up. 1. Just. I have the words, you know, the song in English too. People are like, I don't understand the words. I'm like, you don't have to understand the video. But anyway, any who's go. There's this big conflict going on with the. In Iran right now. And. And it's. It's funny to see just the reactions to it, but Trump put this update up just a little bit. Yeah, Trump put this update up a couple hours ago, so he's kind of updating on the. On this whole. What is it? What are they calling? Operation Epic Fury. Fury. Epic Fury.
Jeff
Epic Fury.
Chip
It is epic, for sure. Here we go.
Narrator/Announcer
Over the past. We don't have 36 hours, the United States and its partners have launched Operation Epic Fury, one of the largest, most complex, most overwhelming military offensives the world has ever seen. Nobody's seen anything like it.
Chip
No, they have not.
Narrator/Announcer
We have hit hundreds of targets in Iran, including Revolutionary Guard facilities, Iranian air defense systems. Just now was announced that we knocked out nine ships, plus their naval building, all in a matter of literally minutes. Iran's formerly supreme leader, Ayatollah Khamenei is dead. This wretched and vile.
Chip
Remember when he said that Khomeini dead. He died like a dog. Died like a dog.
Narrator/Announcer
Man had the blood of hundreds and even thousands of Americans on his hands and was responsible for the slaughter of countless thousands of innocent people all across many countries last night, all over Iran, the voices of the Iranian people could be heard cheering and celebrating in the streets when his death was announced. The entire military command is gone as well, and many of them want to surrender into saving their lives. They want immunity. They're calling by the thousands. Combat operations continue at this time in full force, and they will continue until all of our objectives are achieved. We have very strong objectives. They could have done something two weeks ago, but they just couldn't get there. Earlier today, CENTCOM shared the news that three US Military service members have been killed in action. As one nation, we grieve for the true American patriots who have made the ultimate sacrifice for our nation. Even as we continue the righteous mission for which they gave their lives, we pray for the full recovery of the wounded and send our immense love and eternal gratitude to the families of the fallen. And sadly, there will likely be more before it ends. That's the way it is. Likely be more, but we'll do everything possible where that won't be the case. But America will avenge their deaths and deliver the most punishing blow to the terrorists who have waged war against basically civilization. They have waged war against civilization itself. Our resolve, and likewise that of Israel, has never been stronger. America is now again the richest, most powerful nation in the world by far. But the only reason we enjoy the quality of life that we do and the freedom and Security is we have done things that others are unable to do.
Chip
Unable. Unwilling all that.
Jeff
Yeah, unable.
Narrator/Announcer
But it's because of warriors who are willing to lay down their lives to do battle with our enemies. And they do battle better than anybody. An Iranian regime armed with long range missiles and nuclear weapons would be a dire threat to every American. We cannot allow a nation that raises terrorist armies to possess such weapons, would allow them to extort.
Chip
Now, what people are forgetting here, mostly because they're tuned out of what's going on. They just want to react to the, what happened. But the last time, I remember this has been going on since Trump came into office where he's been trying to say, like, hey, you got to give up all your nuclear stuff. And they're like, we're not. And then last May, he bombed a bunch of locations, took them out, and they have not stopped. They're continuing on. They say, we, you know, we're gonna, we're gonna build a nuclear weapon. They also, there was also plan, plans in the works too, to, you know, when they're yelling stuff like death to America and we're gonna flatten you. And when, when they took out Maduro out of Venezuela, the Supreme Leader was shitposting on X like, you know, our enemies are gonna die, blah, blah, all this kind of garbage, basically taunting. Okay? So they, you know, when, when you have, when you're in harm's way, when you're, and look what they did. They fired. You think, you think those missiles, they had the time to pick those locations? They hit Bahrain, they hit Saudi Arabia, they hit all, all Jordan, right? Do you think that that was launching or did, Was that already set? Was.
Jeff
That's already set. Yeah, they already had that planned out.
Chip
They definitely on.
Jeff
They knew they were attacking. They attacked the, the Sale Hotel in Dubai, the big seven star hotel in Dubai that got hit yesterday. Khalifa, they tried Khalifa, these guys and, and I, I keep seeing this same concern over and over and over again. A lot of, a lot from Europeans, but even from the leftists in this country that, oh, those are your tax dollars of work. I thought Trump, you know, was going to, you know, not get us involved in wars. Trump is ending wars. Right? The whole if, if we look at everything in a vacuum, maybe, you know, life is, is perfect for people that live in a vacuum. But we don't live in a vacuum. Right? We live in a long period of time. We live, we have history, we have events that led up to our present day. And what we do previous and today will impact what happens in the future. Now, for the past 47 years, Iran has been fomenting terrorism on a global scale. They are financing terrorism. They are directly impacted into all of the sleeper cells throughout Europe, all of the sleeper cells throughout the United States. They financially backed Hamas, they financially backed Hisbah, that financially backed multiple other terrorist organizations that have carried out terrorist attacks in Europe and the US and have directly killed Americans, American soldiers, American citizens. For all these years, no other president in the history has had the balls to actually end wars. Mainly because they don't want to end wars. They wanted to continue wars, they wanted to continue the status quo. So here comes Trump. Trump comes in and he's actually putting a finality to all of these things that, that have led up to where we're at today. Do you think Obama was effective and impactful when he transferred billions of dollars over to the Iranians to stimulate more terrorism? Lebanon, Syria, both those countries impacted. You know, Israel's impacted through the terror of Iran. Iraq was impacted from the terror of Iran. American soldiers and American citizens have been impacted for all of these years. So you know, who, whose fault was this? Right, there you go right there, Chip. Yeah, that's a perfect.
Chip
Let me remind people too, because this one was fresh in my mind, Jeff. 20 January 2016, if you remember, Obama was president back then, you had these two Navy riverine boats, had 10 sailors on it. They were basically moving from Kuwait over to Bahrain and something happened. They had some sort of a navigation thing or something went off haywire on their ship. And so the Islamic forces, Iranian forces from the Islamic Revolutionary Guard boarded, they seized the boats, the sailors. Remember, they had it on film. There were sailors were held at gunpoint, they were detained on Farsi Island. And you know what happened? Nothing like you can do that to our service members. Board of by a boat, hold guns to their heads, threaten them and use that as a propaganda video. This is the whole thing. If Trump's president, you're gonna do that. And now Trump. So what I will say about Trump is he's fair. Why? With the legals, he said, listen, you can self deport, you can get $3,000, you can self deport and then you can come in legally. We want you here, come in legally, apply and come in legally. Dude, no, there's not a, you tell me a country in Europe that's let you self deport and then come back legally. You tell me anywhere on the planet Earth. Well, maybe Europe, but Europe won't even deport. But let's just say you tell Me where you can do that. Right. So what did he say? He said, put down your arms. You'll have immunity, but you have to surrender. If you don't, you're not going to let, you're not going to be around long. You will be vanquished from the earth. So you have greatest president ever. You have to love it from that standpoint alone. And you know what surprised me was Mark Carney, the Prime Minister of Canada, just supporting it. He came out in support. Now other parts of Canada were not so supportive. But here's what happened in Canada. Check this out. Here's Iranians amazing celebrating now. The very first one, one of these, one of the videos where they actually, because of the three killed service members, they went to the U.S. consulate and they laid down flowers. Right? There's U.S. consulate in Canada. They laid down army. Thank you U.S. army. Thank you U.S. army. Thank you U.S. Army. Thank you all. They're all sitting out there, all Iranians, they're thanking, They've got flowers, they've got the Iranian flag. Proud people, right? Amazing. Here's, here's a, here's the. Here. The Iranians are in Ottawa, Canada, But they're yelling, this is the final. This is the final. Yeah. So it's just, it's amazing to see, you know, what was really going on.
Jeff
And of course, Trump flags waving in hidden London. So Iranian Persians are coming up en masse around the world. And it's amazing, you know, and there we've seen where, where we've seen Iranian flags and Israeli flags coming together as, as they join because they're liberating the region. Right. Iran is behind all of the terrorism and ill intent that has been taking place, uh, in the past in the Middle East. That has created a lot of the tension and the escalation. So you start getting rid of that. There's so much more that that needs to happen. But this is, this is the fabric. All those that are against this action love the continuance. They love the talking points. They love the continuance of tension. They love the chaos. They don't want normalcy. The Democrats don't want normalcy. The left don't want normalcy. The Europeans definitely don't want normalcy. The British, forget it. The, the British love what's happening in the Middle East. They created this tension. They're the ones who pitted nation against nation. The, the British have so much blood on their hands in England and somehow they've escaped it. They, they're sitting back in their, in their parliament with their Wigs and their British accents, you know, drinking tea. Like, somehow they're innocent over this whole thing. They're the, they created so much of this chaos. And it's amazing to me, you know, now they're suffering the consequences of a chip. It's. They really are.
Chip
But, Jeff, what is amazing, like, there were so many videos I could pull, but I was just trying to give a breath of like, what's happening around the world. And this is what's really weird. So the two deepest blue cities in the United States, you have Los Angeles and New York, but here's Los Angeles and check this out. You. Right here's New York City. Check this out.
Jeff
Exactly. Make America, make Iran crazy.
Chip
Thank you, Trump.
Jeff
Love it. I love it. I love me.
Chip
Jeff, this one might, this next one might surprise you a little bit. Paris, of all places,
Jeff
not everywhere. We should all be behind it. The greatest thing ever.
Chip
The liberal media cannot handle this at all. Jeff. They are, they tried so hard to condemn this. Listen, in Paris, they were yelling BB and Trump. Listen to this. That's all you can understand. The rest of it's French, but they're yelling BB And Trump. Israeli flag along with the Iranian flag. United States flags make their. Ran great again.
Jeff
This ship, it totally changes their narrative. They, they have, they could have done things, you know, similar to Obama, gave them money. Obama wanted the, you know, promoted the, the Islam Islamification. But this is, you think about this, the spearhead, the kingpin of all of this, you know, fascist behavior. But the left love, you know, because the more chaos you have, the more people fall in along, you know, their, their side. And it, it kills me when you see all these, these leftists on, on YouTube and on X and in the media that are trying to somehow attack, you know, Trump on this, on this narrative. And it's, it. They just liberated who posted. They liberated, you know, 40 million women. You know, this, this is protecting the entire world. It's protecting the United States. Iran is a huge thorn in the side of US Security in the region and, and here at home, they know exactly what's happening. All these other, you know, Monday, Monday morning quarterbacks who think they know what's happening, that look again, look at everything in a vacuum, but never track back historically and try to analyze it. They'll just look at things in a vacuum. You know, there's so much more that's going on, you know, but this is, this is a great.
Chip
This is shooting in Austin, Texas. Muslim guy, right? Had the Koran. Is, you know, he was. And he's one of those most corrupt. One of the biggest, most corrupt mosques in. In Texas itself. Here's Australia. This is a news anchor and this is what she says. I'll tell you what she says after this because she doesn't say it in English.
News Anchor
This editorial with this message to the late Supreme Leader beset it.
Jeff
Rowan couldn't have put it better myself free.
Chip
She basically said, you son of a. You burn in hell.
Jeff
Who did you say that to? Say that again about the.
Chip
She says, I have a message for the late Supreme Leader.
News Anchor
Oh, want to conclude this editorial with this message to the late. Supreme.
Chip
Late Supreme Leader
Narrator/Announcer
added.
Chip
She basically just said, these guys, like, I can't set it any better. She said, burning hell, you son of a. That's basically what she said. And then we had. Look at this in England. Check this out. Well, before I do that, I want to play the. I want to play the London one. So I have one. We have London here somewhere. Yeah, this is London right here. Then we're going to play. Then we'll go through some of the liberal and why there are some of the dumbest people on earth. Here we go. Here's London.
Reporter
You join me on Golden Screen Road, where the noise is really loud. Literally thousands of Iranians have come from across London. Their communities in Finchley also coming up from the West End of London. This has been going on for about two hours right now. It's likely to continue for the next couple of hours. Quite extraordinary. The reason why they've come to the heart of the Jewish community is because the Iranians very much supported Israel in their war against Hamas, which of course is backed by the evil Revolutionary Guards and of course the Ayatollah Ali Khamenei. Now they see that the Israelis and the Americans have made a preemptive strike against the Ayatollah Ali Khamenei, who is now reported to be dead. And thousands are coming down to Golda's Green to show their solidarity with the Jewish community. And also, you see a lot of Israeli flags over here. You see the United States flags and just people just in a celebratory mood at this point.
Chip
You know what you didn't see? You didn't see. You didn't see any. You didn't see the Union Jack. You didn't see any of that over there. None of that.
Reporter
Also for the sharks to return back to Iran, I think that's a little bit premature at this point point because the Iranian Revolutionary Guards are still quite strong on the streets as we speak.
Chip
Right now hold on there. Hold on there, Chester. That's going away, by the way. One, the new supposed leadership got in contact with Trump and so we want to talk and he's like, this isn't time for talking. Yeah, right now we're, we're going to continue on our mission.
Reporter
Missiles are still being fired from Iran and new leadership a short time ago they went across, across the country, including Jerusalem, Tel Aviv, the south and also the north. But nevertheless heavy traffic on Golden Screen roads simply because they've heard. Iranians have heard about what's taking place and they are moving down towards. Not finding a place to park, of course, but literally dropping off people standing on the streets waving flags. And you can hear the mood at the moment in is really on its high.
Chip
It sounds jovial. It sounds like people are really enjoying
Jeff
what's going on right everywhere. Everywhere.
Chip
But check this out. This, this right here pretty much definitely
Jeff
tried to block it.
Chip
This right here, Jeff pretty much takes the cake here. You got to see this. Let's look at this guy. What a. This is a Labor Party mp.
Jeff
The US from using Diego Garcia.
Chip
She says, did we block the US from using Diego Garcia? Watch this.
Jeff
West from using Diego Garcia.
Reporter
I've just said to you, I'm simply
Chip
not going to talk about.
Reporter
You would not expect me to talk
Chip
about the discussions we have either in
Reporter
the government or with our.
Chip
I believe that was a yes. I believe. I believe if I've got to interpret here, what he's trying to tell you is yes, we did because the other, the Keira Starmer came out and started obliviating and saying a bunch of nothing, saying he had nothing to do with it. Allies, including the U.S. what we have done is strengthen British defenses in the region. We stepped up with UK planes in
Reporter
the air as part of a coordinate.
Chip
In other words, we did nothing.
Reporter
Regional defensive operation to protect our own people and our bases.
Chip
To protect our allies. To protect our people and our bases.
Jeff
They're going to protect our allies. The warning we're their allies.
Chip
Now nobody even gives a. In the region.
Reporter
And that is a special contribution in action that the UK is making anyway.
Chip
This guy goes on just saying a bunch of nothing.
Jeff
And she's like, drink some tea, calm down.
Chip
She keeps looking at him like, what? Watch this. This is going to be fun to watch.
Jeff
It's really, it's unbelievable. This is the moment.
Chip
This is the guards headquarters, by the way. So watch really close. There's not going to be any stepping up. There's the guard headquarters and it's gone. It's completely obliterated. It was a to the ground. That's the lava guard. It's gone.
Jeff
Gone.
Chip
It has been destroyed. It's been destroyed. It's out of there, Jeff. It's not even. And listen to this. Here's a CNN report. Check this out. They have a Democrat to see what the Democrat thinks about it. Well, then go the way they expected.
News Anchor
I think that it is imperative the Democratic Party wake up and get past their dislike of Donald Trump, the President Trump and their feelings of international conflicts going on. This is about national security. This is about what is possible in the Middle East. This is about being a good, good partner to the Gulf states and what their aspirations are. This is about supporting the people of Venezuela. This is about dismembering our relationship with, or not dismembering, but resetting our relationship with China. Right now, 55% of the oil production that Iran produces goes to China despite sanctions. You want to support the people of Ukraine, you want to end that war? You have to. There is no getting around dismembering this Islamic Republic. It is non negotiable. It is not a want to have. It is a have to have. And it's not just for the Iranian people. I think you have to trust the Iranian people. We know this government better than anyone else. When you dismember and decapitate this regime, you are going to see a change in the Middle east, in Venezuela, in China, in Ukraine. And I think quite frankly, their ideology has really, it's caused a lot of problems for us worldwide. We need to take it seriously. And I think at this point we have a tremendous opportunity. This will be like ending the Soviet Union, the Berlin Wall. This is a transformational moment for humankind, for security. And as an American, as an American, this is in our interest to complete it. So I am a Democrat. I have been a huge Democrat. I am incredibly disappointed with my party. I do not see myself in them in this moment.
Narrator/Announcer
Moj and Masi.
Chip
Can you imagine that, Jeff? Like a Democrat has to go on there and say, like, how are you against what's going on is what the essential thing is. How can you, you know, you got to get over your hatred for Donald Trump and applaud the goodness that's happening. It's just insane, Jeff, that right. Their people are, they're nuts. They're absolutely, they're full on just nut jobs.
Jeff
But all the points is then this, these are the pieces that people don't understand is that Iran also, you know, has interests in Venezuela. Iran also has interest in Cuba. Iran and China have interest. Iran and Russia have interest. You take down Iran, which is what, you know, being propped up by Russia and China. So they were fighting all these proxy wars, you know, with their support and their military support, they, you neuter Iran and basically just cut off all ties with Russia, China, and you have a new leadership that forms in, in Iran. The whole Middle east is reshaped. Everything moving forward. We're talking about stable peace in the Middle east and we're also talking about all these leftist nos that are focused on toppling the west from within. Money is flowing from entities like Iran, you know, government funded. And so now all that goes away. The world's going to start changing and, and Trump is at the epicenter of global change. Why? Because it makes America better. America, number one, he said, we're the wealthiest, we're going to be the safest. Strategically, the whole world is coming together cohesively. But the rest of the world, the European leftist leadership, the democrats in this country, Russia, China, they're all aligned on one vision. They want to continue the course that we're on right now because they can keep repeating the old stale lines over and over and over and over and over again. And these old stale lines of conflict, you know, it's already behind it. Russia is going to, is going to, you know, the whole thing with Ukraine and I saw other people saying, oh, what about Ukraine? What about Ukraine? It's time to end that too. Russia and Ukraine, stop. You know, just put an end to it. You know, Cuba, Cuba is next.
Chip
Russia comes to the US and so exactly.
Jeff
Every dictatorial regime right now is taking notice because what is this global world, this entity that we're in, you know, with all these dictators and all this fascism that's really taking place? Not the fake. You know, when they point fingers from the fascist, you know, they point him to the ones that are fighting for freedom, the president that's fighting for freedom, Trump and, and MAGA and the conservatives in this country and other countries that are trying to bring us back on track. You know, when the fascist, the actual fascists start pointing and calling you a fascist, you know, you're on the right track. That's kind of where we're.
Chip
Did you hear this, Francis? Trying to surrender. Yes. How about Q? Mark Smithson says Cubans are 52nd state. Well, guess what?
Jeff
It'd be a good.
Chip
Mark your calendars, people, because Cuba is next. Mark your calendars.
Jeff
Definitely next.
Chip
It's coming. This here's A military official, Jeff, I want to see if you agree with what he says here or not. Is it too harsh? Not harsh enough. That's the problem. Just Google French victories and you'll get the white flag, then the zero. Here we go. Here's a US military official.
US Military Official
And the threats to our nations? They don't sleep. They're watching our every move. Iran, Russia, China, North Korea, isis, Al Qaeda, they may be watching this right now. Our military should not be mistaken for a cable news gabfest show. We don't care what you look like. We don't care who you voted for, who you worship, what you worship, who you love. It doesn't matter if your dad left you millions when he died or if you knew who your father was. We have been honed into a machine of lethal moving parts that you would be wise to avoid if you know what's good for you. We will not be intimidated. We will not back down. We've seen seen war. We don't want war. But if you want war with the United States of America, there's one thing I can promise you, so help me God, someone else will raise your sons and daughters.
Chip
Damn. Brought it home there, Jeff. He brought it home.
Jeff
Oh, it's amazing.
Chip
What has killed me about this whole thing is the liberal headlines, the mainstream media, they're just completely out of touch with life.
Jeff
Oh, without a doubt.
Chip
Look at this. So you remember Scott Adams, who's the Dilber creator. Here's People magazine. Scott Adams, Disgraced Dilbert creator dies at 68. Right. Because he was a conservative, he was canceled, Right. He had the best radio show going. Scott Adams.
Jeff
That's right.
Chip
Now, here's the New York Times. Toli Al Khamenei Hardline Cleric who Made Iran a regional power dies at 86. What in the absolute. Watch, Jeff. This is how insane this media is. Now, look at this. This is flying. This was flying over Los Angeles. Thank you, Trump, from the Iranian people.
Jeff
Nice.
Chip
And a big heart. I mean, you gotta love that, right? But here we go, Jeff. Now what do you. Now what do you think Ursula Von Leyen said? What do you think she said?
Jeff
Good job.
Chip
Not even. No, you would. That would have been a nice thing to say. But here's what she said. She said, following the ongoing situation in Iran, I'm convening a special security college on Monday because, you know, today's Sunday and, you know, it's my weekend. You know, I can't really do much for my weekend. I'm out drinking wine all night, partying for Regional security and stability. It's one of the utmost importance that there's no further escalation through Iran's unjustified attacks on partners. And the reason region. I mean, okay, whatever, you know, don't, don't lose any sleep over it, okay, there, honey. I mean, you know, so this is what somebody said. The, this is, here's the European Union. This was in the comments. Here's the European monitoring the situation closely. So it's, it's, it's, It's France and U.K. oh, my God.
Jeff
So bad. It's really so bad when you see what's going on.
Chip
Now, Jeff, this one takes the cake. Now. Here's the British media. I mean, the, the Canadian media. Look at this headline. Opinion. Donald Trump isn't the peace president of peace. He's the most dangerous man on the planet.
Jeff
You know. You know who's dangerous? People writing those articles that have influence that are operating under a misguided form of their kind of. They're definitely delusional and they don't, they don't connect any dots. So these people write opinion pieces from an emotional state, you know, similar to you and I were talking about. Like, you know, so the Candace Owens of the world and, and all those within the lineage and the Hodge twins have been posting stuff and like, all these people are posting things, and it's at a point where they have such a massive following, but they're just spreading information that just, it's all emotional diatribe. You know, it has no, it's not rooted in any factual research or anything. You know, it's, it's crazy to me when you see it. And that's where a lot of these guys are coming from.
Chip
That's a good question. Mark Smithson's rising. Is Trump sending to leave to represent the US at the Supreme Leader's funeral? He's gonna send it to. How about this one? Trump is the Ayatollah of Rock and Rolla. And so here's, here's the cuck that shows up here. Here he is. Keir Starmer gets out there. I mean, dude, sometimes it'd be better if you just keep your mouth shut because you're not helping causes. And by the way, there is 2.7 million views on this. 2. 2300 comments. 2200999 are. Are. Shut your mouth. You're a loser. This is my favorite comment about this whole Keir Starmer thing. She said, I love when this guy comes out like he did after a Venezuela strike, to say the UK played no role. No, you're a complete nobody on the world stage. We know. You don't even have to keep telling. Killing us.
Jeff
That's right.
Chip
She says. She says you're a complete nobody. That's the greatest nobody.
Jeff
He is a nobody. Unfortunately.
Chip
You know, Dave Portnoy is right. Balling from Barstool Sports. David. Dave Portnoy. Portnoy says puts aside. I always laugh at yo yos who don't have the first clue what information the President had that forced this decision. Even politicians who despise him but were briefed on the situation seem to agree with the operation. I guess a lot of podcasters know better. Smile.
Jeff
Right. Exactly right.
Chip
Got to keep the lights on somehow. I mean, borderline traders if you ask me.
Jeff
I agree with that.
Chip
Iran is a terror nation with a long history of some of the worst human rights and atrocities in the world. Nobody disputes the fact they hate Americans, they hate Israel, they hate all Jews, they hate the West. They would kill us all if given the chance. They just murdered tens of thousands of their own people who are protesting. The rest of the Middle east is on our side. The Iranian people are on our side. It isn't complicated to support border troops and our country. This morning, we are on the right side of God Bless America. Of course. Dumb, dumb Eric Swalwell.
Jeff
Oh my God.
Chip
Clueless jerk off. Anyway, he says, stick to sports. You're at least half right there. Your whiny ass ain't going to Iran battlefield anytime soon. It'll be poor kids from where I grew up. Life must be pretty comfy in your sweet. Stick to judging your favorite pizzas. The adults will sort out the words and if.
Jeff
Oh my God.
Chip
He says, hey Eric, I never heard of you, but a quick Google search said you were literally removed from the House Intelligence Committee for having your office infiltrated by a Chinese spy named. Can't even make it up. Maybe sit the national security lectures. Skip. Skip them. Us to set them out. Politicians, man. Politicians, man. Oh my God, you got totally smoked on that one, Jeff. That's the greatest.
Jeff
He told it.
Chip
That's Jeff. If you get your calendar handy. This. This guy's raising a good question. That's what he has in his calendar. He's like, any suggestions for the rest of the year? January, Maduro Cap, you know, then they killed the. The, the, the, the. What do you call it? The most notorious.
Jeff
Oh, in Mexico.
Chip
In Mexico, the. Whatever. The cartel leader.
Jeff
Yeah.
Chip
And then of course, the supreme leader is dead in February. Like, geez, what does March look Like Jeff. And there's an extra week in March. Like, there's five weeks. This big stuff happened in March.
Jeff
I think. I think Cuba's on the. Cuba's on the agenda. The Russia, Russia, Ukraine war come to an end. There's all sorts.
Chip
Favorite. One of my favorite actors of all time and also the most intelligent guy I've ever seen. But James Wood, says Trump, Rubio, Hexeth. Who could ever have imagined the United States, Saudi Arabia, Jordan, Israel could have joined together to end the worst terrorist regime in modern history? A stunning diplomatic, military, humanitarian achievement. Turns out all we needed was a new president. That's all we needed.
Jeff
That's exactly all we needed. Elion is saying XRP in March. Come on. Mark Smithson. March deportation of Omar and Tyler.
Chip
Oh, I like the sound of that.
Jeff
March. March madness. That's right, with March Madness. Cuba, Greenland and Canada.
Chip
So we get the trifecta right there.
Jeff
51st, 52nd and 53rd state. I thought that I.
Chip
Well, Trump put this message. I was kind of surprised by it, especially what he's wearing here. But listen to this alarm.
Narrator/Announcer
Alaikum, bitches. This is your new supreme leader speaking. Well, I warned Ali this would happen, and he just kept talking trash like we couldn't maduro his old ass. Anyway. Enjoy your new freedom, people. We're going to have bikini parties, all you can eat buffets, dancing to country music and singing karaoke all night long. We're going to have the best fiestas with delicious margaritas and sexy mamacitas. If you're a woman, you can finally take off that ridiculous bedsheet these idiots made you wear. You're free to be smart and beautiful and to wear whatever you want. Under my regime, you can now vote as long as you vote Republican. If you think about it, you can only vote Republican because there will be no Democrat party here. Everything they touch turns to. Believe me.
Chip
Pretty remarkable. Salam Alikum. That was the best ever. And then finally, we got one. One more video. And this is so timely. How does this. How does this stuff come out so fast?
Jeff
I don't know how they do this.
Chip
I don't know how. Like, it happens so fast. I mean, this stuff is just at light speed, but here's Ariane Wexler. This is. This is good. Check this out. She does a little bit on it.
Ariane Wexler
I do want to make sure. I wish you a happy Ramadan Ton. Anyone celebrating?
Jeff
Yeah. Yeah.
Ariane Wexler
Happy Ramadan. The former supreme Leader of Iran, the Ayatollah Khomeini, is looking up my skirt from hell right?
Jeff
Now,
Ariane Wexler
That man was shitposting the last few weeks. A few weeks ago, right after we had captured Maduro, he was tweeting out a bunch of stuff to bait Trump. I remember one of the tweets was, was, we will bring the enemy to its knees. And my first thought was, bro, you might want to lay low right now. You know what I mean? Like, you saw what we just did to that other guy. But my second thought on that tweet specifically was, it's kind of gay, right? Bring the enemy to its knees. I guess I'm not so surprised that it was kind of of gay, cuz this is a man who's part of a regime that decided to take the most beautiful women in the world, right? Like Persian women, so beautiful, the Latinas of the Middle east, you know, and they looked at them and they were like, ugh, no, E, gross. Like, cover them up, you know, like, we don't like that. It's probably why he got along so well with our first gay president, Barack Obama.
Chip
That's brutal, man. That guy Ben, we always play on here, his was too. His was even too brutal for here. It was brutal, man. I was like, okay, that might be even too much for OTC to play, but, man, it was something. It was something extraordinary to think about. I thought that was really solid.
Jeff
She is funny.
Chip
Yeah, yeah, she's pretty good.
Jeff
Yeah. Jim D. Saying, there's actually feasting. So the month of Ramadan, they fast all day and it's basically a sunset to sunrise. They can eat and then sunrise to sunset, they don't eat.
Chip
Right. And then over in the uk, you're starting to see the tide turn. I don't have the video, but it was during one of the football matches over there. And they took a pause so that the. The.
Jeff
They were not happy about.
Chip
They were. They. They were booing them so that they could break their fast. They were booing like, why would you stop a football game for that? Jesus. Right? And something I wanted to cover last night because whole thing about anthropic came up, right? And people are misunderstanding, really talked about this. They're really kind of missing anthropic. But this right here, Dario Amodai, who's their CEO, you know, Trump called him every name in the book, you know, leftist nut jobs, whatever. But here, check this out. So he says, holy f. Dario Marty is literally retarded. So a defense official said that the Pentagon's technology chief whittled the debate down to a life and death nuclear scenario at a meeting last month. And if intercontinental ballistic missile was launched at the United States, could the military use Anthropic's clawed AI system to help shoot it down? It's the kind of situation where technological might and speed could be critical to detection and counter strike. With the time to make a decision measured in minutes and seconds. Anthropic's chief executive Dario Amodai said his answer rattled the or the Pentagon, according to the official who characterized the CEO's reply as you could call us and we'll work it out. So do you think for a second the US is going to do business with a company? It says call us and we'll work it out on a life and distance situation. So Chamath Palapatia, who is one of the most awesome, most awesome podcasts out there, he said no. Wow. No elected official or CEO can work with a company on a critical technology. If this is the response. Right. It's insane. So it was very much mischaracterized across of course the mainstream media. They brought it down to, well, it's two things. You can't shoot things that are. You can't control weapons that are not a person in the loop. That was one of them. Well, here's the perfect scenario. What about the person in the loop? If you're going to use it to help an attack. Right. So the whole thing is just.
Jeff
And Anthropic basically sabotaging their entire existence at that point.
Chip
Well, they're also. So that means no government official. What it also means is that enterprise companies that are already doing business with the government. Now that doesn't mean that there's nothing legally that says they have to. But what's that look like? If you're using their software and you're doing business with the U.S. government, right. So you know that they're going to. All the enterprises using Anthropic are going to cut it. So I, I'm not as happy as I'm choosing open AI because Grok is a better solution because somebody went through Gemini, which is Google solution, Anthropic and Perplexity and, and obviously open AI which is chat GPT and then Grok and it said did was the strike on Iran necessary, yes or no? The only one that said yes was Grok. The all other ones said no. So it tells you do you want to work with those, those AIs which are trained to be leftist, you know, not jobs. So Mark Smithson said, I heard Free Palestine endlessly from the paid cupcakes, but never heard once Free Iran that's right. It's 100. We know 13, 000 died. That's the number. That's the Iran number. Okay, we know 20, 30, 000 people got killed and slaughtered. There wasn't one protest. To your point, Mark, there wasn't one person yelling because you know why? Because no one paid for the Free Iran protest. Nobody's paying for that. Nobody said, hey, we got a free Iran. It's amazing.
Jeff
We don't need no blue haired AI.
Chip
That's right. No, we don't. With the nose ring, that's like the telltale sign every time, isn't it?
Jeff
Oh my God. Blue hair and a nose, Right?
Chip
Persian women are beautiful, but tough. Don't do them wrong or you're busted. True, true story, dude. True story. They are the Latinas.
Jeff
Yeah, Jim, it could be around 90,000.
Chip
I'm married to a Latino who's half Chilean and half Colombian. Okay, I know it's gotta go find something else to do once in a while or. 90,000. Yeah, it's probably about. It could be closer to the number because they basically wiped out a lot of the protesters.
Jeff
Yep.
Chip
And again, not one, nobody. It wasn't one tear shed. It wasn't covered anywhere. Nobody cares. That's why these people are all so full of when it really mattered. Because the Iranian people are amazing. It's not an Islamic country at all. And when the Shah got taken out in 79, you know, conveniently, here comes Ayatollah Khomeini rolling in out of Air France.
Jeff
Air France of all planes, right?
Chip
Yeah, well, that's a big surprise too. But those countries are doomed if they don't make the. You know who's not going to be saved by the America? The uk but sorry you guys got to figure this out yourself, man. But maybe after 50 years of persecution and destroying your country.
Jeff
Yeah, we won. The future.
Chip
You won't even recognize big ban. The clock will be broken. There'll be graffiti all over it. There'll be, you know, streets, garbage. I don't know why you can't go. Why do they have to go to Christian in Jewish countries? Why, why do they, why don't they just go to move? They can't move to other Muslim countries because they don't want them.
Jeff
Nobody wants them.
Chip
But dude, Saudi Arabia was the most amazing thing. So Saudi Arabia, they tried. They tried. They hit the base in Saudi Arabia. It's an American base and Saudi Arabia said F this and they started firing. I mean, you gotta say how amazing that is. Saudi Arabia Jordan, I mean, you know, Israel grouping together, you know, the love and all. And then you got all the left nut jobs out there going, everybody does it for Israel and everything. Well, yeah, Israel is part of the mission, but it was, let's not make any mistakes. And I saw how they, you know, how they attacked and what they did was so precision and so amazing how they took out their systems. One thing, Russia, right immediately after that's like, let's have a conversation. Because they know that the technology the US has. Who do you. Who, who's. Who's they have? Chinese and Russian air defense. They got taken out in Venezuela. They got taken out in, in. So what does that tell you? They're not going to save you, man. They're not going to help you. So big bad. Do you want to mess with the U.S. find out.
Jeff
You know, it's amazing, Chip, because Cuba is definitely next. You know, as we start looking at those power and then, you know, who's left? I mean, Russia will get in line because Russia's got to balance things out. The next one is North Korea. You know, North Korea also is a rebel rouser. I mean, they're kind of, you know, isolated, they're an isolationist, you know, country. But it's gonna. Pakistan, Afghanistan. You know, there's other, obviously others that will get in line. But the region, the region is going to have to have more influence as all the other countries start benefiting from one another and have trade and cooperation. And Iran starts really building up and supporting the. The region. You know, they've got Afghanistan on their border and so there's going to be some trials and tribulation there with Afghanistan. So. Yeah, no, no Yeti drawing this even.
Chip
Did you see what. Did you. Did you see what Trump reposted that song. Bomb, bomb, bomb, bomb, bomb. I ran. It's just too much. It really is. I wanted to play where was Fetterman? Had a good. Let me see if I can show
Jeff
you Fetterman betterment too. Fetterman has stepped up to the plate.
Chip
I followed him. I'm like, I gotta follow this guy, man. I just cannot understand. Yeah, he was just going off on. Basically it said that it was. I can't, I can't find it right now. But it said something like, you know, one of the supreme leader, he goes, let's see who cries for this scumbag or something like that, like that. Who sheds a tear for this comeback? Well, your entire party, unfortunately there, Mr. Fetterman. I mean, sorry, Senator. I mean, I don't Tell you, but that's.
Jeff
Unfortunately, it's true. That was. That was the case. Yeah. It's very unfortunate, but true. You know, they're coming to their defense between the Democrats, the leftists and the Libertarians, you know.
Chip
Yeah. He had to. Yeah. Well, anyway, that's all the time we got, Jeff. We gotta bail out of here. Yes. Really appreciate you guys coming in. A lot of serious topics we talked about. It's how it works. Yeah. Rand Paul, Massey and those other numb nuts. Yeah. With the Dems. Yeah. Massey's such a douchebag. He's like, I was always the one talking about the Epstein dude. The Epstein list is out there. What are you talking about? Exactly. Guy's such a douche, such a loser. Another rhino.
Jeff
Iran. Iran's got lots of. They have lots of oil. You know, between Iran and Venezuela, China is going to be in trouble. Interesting. That's gonna be very interesting.
Chip
It is, Jeff. It's gonna be something.
Jeff
Venezuela and Iran, oil. Not going to China, not going to Russia, but ran Paul Massey, man, those guys.
Chip
Douchebags. Douches. Douches. Douchebag. As it comes, Jeff.
Jeff
It's just so amazing. So amazing. There you go. There's going to be a lot of things happening over in Iran. It's going to be. It's going to be an amazing country again. Get rid of all the. All the burkas and jobs or whatever they're going to wear over there. Everyone will.
Chip
They're all taking them off anyway. They don't care. But, you know, the thing is, it isn't over. They're going to be. Trump said it's going on for the next month, so they'll be hitting all key things, taking out all the leadership. And he said, look, you laid on your weapons, you'll get immunity. You don't, you're done. And they're not going to surrender because
Jeff
they didn't say, you're done. He said, you're dead.
Chip
That's what he said. But, I mean, that means. That means you're more, though. That means you're dead, Jeff. So it's like, all right, guys, that's all the time we have. We'll see you guys Saturday morning. Have a great rest of your week, and I'm sure there'll be plenty more to talk about on Saturday.
Jeff
Wednesday,
Chip
Saturday. Close enough.
Jeff
Wednesday night.
Chip
I may not see it on Wednesday. I might be. I might not be able to make the Wednesday show.
Jeff
We'll see Wednesday. Wednesday, Wednesday.
Chip
So we'll see you guys on Wednesday. Still, it be plenty to talk about.
Jeff
8:00pm Eastern Standard Time.
Chip
It's right. See you guys in the next one. Jeff. Ow. Hey, Jeff, did that work? It did. I, I I had it queued up, so here we go. Are you down with otc? Please, like, subscribe and click the bell to be notified when the next video drops.
Date: March 2, 2026
Hosts: Jeff and Chip
This episode of On The Chain delivers a no-hype, deeply analytical look at recent seismic shifts in finance, crypto, and global geopolitics. The key themes are: XRP’s evolving role in the financial ecosystem (beyond speculation), banking turmoil in the UK (Barclays & private lending collapse), the importance of on-chain transparency and collateral, and escalating international tensions centered on Iran. An undercurrent throughout is how blockchain and crypto—in particular XRP—could be strategically positioned to benefit as legacy systems destabilize and paradigms shift.
“You have to really look at who's positioned when the old rails strain.” – Chip ([01:40])
“Is XRP winning?... not in price, not in hype—but in actual positioning.” – Jeff ([00:33])
If you want substance, not FOMO: this is an episode you can’t afford to miss.