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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 on the Chain world, you know who you are. Those crypto fanatics out there, those geopolitical fanatics out there. Today we're actually going to be deep diving into two seismic moves shaking up both crypto and geopolitics. Number one, the launch of Evernorth. Now this is first of its kind institutional vehicle aimed at what driving mainstream adoption of xrp. That's right. And then you have the big U S Japan investment is coming through. $550 billion investing in the U S by Japan package that could potentially reshape all global capital flows, which is pretty huge, pretty big to everything that's happening now. These aren't just headlines. These are two sides of the same story. Why? Because we're talking about geopolitics, talking about finance, we're talking about the movers and shakers and the US leading the way.
Chip
Right, Chip, baby? I don't know about that.
Jeff
We're going to find out.
Chip
Welcome to on the chain. Welcome to everybody on the chain, Jeff. Welcome to everybody on the chain. No notifications went out again. It's ridiculous.
Jeff
I didn't post it until 7:55.
Chip
There you go.
Jeff
Good luck. But I did have it start for 810 so people are able to jump in as they go, jumping as they come. Got some big things happening here as people are going to start joining in. We got new, new ad for badassery coffee which is pretty epic. It's going to be giving away.
Chip
A little bit.
Jeff
That's all the tweaks make it epic.
Chip
It's the same pretty much.
Jeff
Then we have, we have two NFTs that we're going to be giving away two song NFTs. So get ready for that. How cool is that to actually have an NFT with audio? Like the idea. I like the idea. They're two really cool songs. So we're gonna dig through some of that. There's, there's content to talk about some things had. There wasn't a tremendous amount of news over the past couple days that was what I would call newsworthy or talk worthy. There was a lot of hypesters out there. I chip, I keep running into people making videos about XRP replacing the monetary system, XRP replacing Swift, XRP becoming the main currency, XRP going to. And yet the videos as you watch them, the guys are like serious as can be that this stuff is actually going to be happening.
Chip
Yeah, that's your thoughts? I don't know.
Jeff
I don't.
Chip
I mean I guess it's just for clicks but I don't know if they're really that off. I don't know. I keep hearing all kinds of weird stuff. There's all. It's just nobody does it. These people don't do any research But I just have to think it's just for.
Jeff
Just for clips. Just reviews.
Chip
Yeah.
Jeff
Just for the hype of it.
Chip
I think so I think they're just like hey this is, this is good. This is interesting. No, I don't know I just but I noticed is like when XRP once it eclipsed like the 23 once it clips $3 all of a sudden people everybody and their brother were coming out of the woodwork doing that's true. You know XRP content like all these people I haven't even heard of before. It's crazy, you know.
Jeff
Oh yeah just they're trying to follow the. It's the new generation, it's the new wave, the new momentum getting more people, more people watching, more people investing, more people listening than the markets and the markets have been interesting lately. I'll tell you what kind of people get so nervous with the as as markets crash. We've been through so many of these. I don't think it even phases most people with the ups and the downs. Bitcoin sitting at 107, XRP at 237. I mean XRP could drop down to a buck 50 bitcoin back to you know, 90. 80 something, 90 something. I don't think a lot of people be phased but the, the news on it's going to come out to be crashing.
Chip
What's surprising is that you know, you've got forces out there just because of this very administration want it to fail. They'll do anything shut the government down. They'll. They'll then say well we want $1.53 trillion for health care for legals. Then they'll do press conferences where they say you know, it's against the law. Well time and time again even the White House posted all the time when supposedly people who were not citizens were getting health care. So yeah sure a lot of things are against the law but doesn't matter. People do it anyway. And you know, it's preposterous because you know, clean sending a clean bill, you know a CR is like it's. Why would you waste it? Why? This is just grandstanding, right. They're trying to make every. And you know and they're and they're like getting on the Republicans. It's a Schumer shutdown for a reason. Schumer is trying to save face. That's why he bows and kowtows to the, to the left of the party. Why? Because AOC wants to take his Senate seat. You know, you were in the House every two years sentence, every six years. You get two elections or 12 years. You know, look at that old bag, Elizabeth Warren. She's dumber than a box of rocks. I mean, every day she's sitting there like an old lady screaming at the sky. I'm like, what have you done? You've done nothing. I mean, you never stepped up yet.
Jeff
You just totally enriched herself. Oh, she's wealthy. Yeah.
Chip
The worst part, it was this whole thing about the White House. We'll get into this a little bit later. But you know, Trump's making an addition to the White House and the left is just like, he destroyed the White House. And then of course, everybody has to be reminded him of the eight presidents that updated the White House. How do you think the East Wing got built? How do you think the West Banker built? One president gutted the White House and started over. So let's not pretend like. And then they show part of the building half and they said he wouldn't do it. And it's really pissing him off that he doesn't need any. He has to go to Congress. No, he doesn't. That's the best part.
Jeff
Well, this is, this is it. The trolling that, that comes out of the, out of the Trump social media. This one's from Eric Trump, though. You just gotta love it because here's Hillary Clinton. It's not his house, it's your house. And he's destroying it. Destroying it. Right? We're talking about construction, like you just said, on, on the, on the ballroom area. So they, you can't just do internal work, they're doing external work. They got to tear it down.
Chip
That was about right. And a covering. It's not the, it's not. The people are so stupid.
Jeff
The president claimed, claimed, claim construction of the 250 million dollar ballroom wouldn't interfere with the existing White House structure, which is good. It's just funny how they spin it. They try to make it all negative and everything. But the best part was the epic trolling because when you get, when you get to here, you get the Eric Trump. The ballroom will be spectacular, unlike your work in Haiti.
Chip
It's fantastic.
Jeff
You just gotta love it. It's, it's absolutely, it just Never miss an opportunity.
Chip
God, he's just fantastic. It's just so good. I just can't. I almost can't believe it's. It's just so solid. It really is. 100%.
Jeff
I mean, this one buzz, Pat. They put up people just putting memes out there. Your husband had sex in the Oval Office. Probably should sit this one out.
Chip
I did not have sex with. That's what he told us, Jeff. He told us that he didn't have sex with that woman.
Jeff
That's right. He did say that.
Chip
Turns out he did something. I mean, what the hell? I don't know what's going. I can't even download videos. Everything's. Everything's messed up. Nothing works. Yes.
Jeff
All day. All day I've been sneezing. There's something in the air. Something in the air. Today it's been crazy. Mark said, For $250, please name the only first lady of the United States to steal crockery, furniture, artwork, and other items from the light the White House. She later had to return them and pay for other items. That's right. They basically took everything out. It was great.
Chip
They thought it was their stuff.
Jeff
They thought it was their stuff. They do the same thing when they go to the hotel.
Chip
They really thought it was their stuff, Jeff.
Jeff
Steve Willet said, do you think they'll put a putt. Putt in, man? You know what? It'd be cool if they put. They need to put a putting green at the White House. That'd be really kickass. But putting green, maybe a little chip.
Chip
Something upset, too, because, you know, the. The Rose Garden, it was like this courtyard area with, you know, got some rose bushes, whatever. And some bushes. The problem is they used to. They have a lot of ceremonies out there, and so women would be in high heels, their shoes would get stuck, whatever. So he just paved over. He's put a cement on there, and they're just flipping out. Flip. All right, well, next Democrat gets in there, you can tear it up and put crass. And I got. Come on, what are you talking about? This is not a big deal. Did you see that Trump was at the White House? Did you see what he was doing, what he was saying about this stuff? Yeah, topgolf would be great. Do you know what he was saying about all that?
Jeff
About what?
Chip
About the. Why my computer so messed up today. I just don't understand it, man. I gotta restart my computer or something. I don't know what the hell.
Jeff
What was Trump talking about?
Chip
I had the video, and it's Completely gone. Nobody knows where it's at. Hang on a second. Let me look here.
Jeff
Nobody knows that it's completely wrong.
Chip
I don't know what's going on my computer today. Really don't. I just saved this video and I don't know where. Where did it go to save video? Right in the downloads. I go to my downloads and it is not there.
Jeff
While you're. While you're working on downloads, trying to find videos, check out this kick ass new apparel from on the chain shop. Check out this hat. Chad, I think you put an order in for one of these bad boys. Not sure if you got it yet, but you'd mentioned that last show. Gonna order it. Put out the hat. This. This hat is just kickass, Chip. I can't wait for mine to come.
Chip
I got one on my way. On the way too. So I'm excited.
Jeff
Yeah, yeah. We got that and that and then we got the. The hoodie. The hoodie's pretty kick ass. Pretty badass, I should say. Got the Badassery logo on the front, Badassery logo on the back, which is really nice. I like the skull, the flames. Just a nice touch all the way around. Just badassery. So there'll be a lot more coming out from badassery. And then as we're kind of waiting on that, here's the new commercial for Badassery Coffee. So get ready.
Chip
It's just edited.
Jeff
It's brand new. Brand spanking new. You've never seen it before.
Chip
Some things omitted in these times.
Jeff
Brand spanking new to some people.
Chip
Okay, five bucks for a latte. Half of that feed some hipsters avocado toast habit. Quit financing coffee fads you don't need. It's time to rebel. Your badass great grandpa had only one tin cup and brewed his coffee over an open fire. We roast to order. Ship, ship free. And keep every bean bold enough to wake the dead. Or at least your 9am meeting. We make coffee that punches Mondays in the face. Badassery Coffee Fresh, fierce, great. Roasted fresh, Ship free.
Narrator/Announcer
Chaos pending.
Chip
Order now@badassery coffee.com. badassery coffee.com.
Jeff
Yeah, let's put the link in. Trying to type it.
Chip
I was gonna say just put the link.
Jeff
I don't.
Chip
Here's Trump at the White House having some fun.
Jeff
There he is.
Chip
Dressed as Godzilla.
Jeff
Oh, my God.
Chip
He's dressed as Godzilla. He's wrecked in the White House. Rolling the left is just too easy. Oh my God, that's so ridiculous.
Jeff
One Atlantis. What is up? Whoa.
Chip
So ridiculous. You gotta love it.
Jeff
All right, what's next on the agenda here? We got. Let's get into this whole thing.
Chip
Let's go into the crypto thing. Let's. I'll throw that up. Yeah, we'll talk about it. Evernor. So that was. That's cool. That was the other day and we were. They were. We're workshopping and they're saying, oh, that's Ripple's raising a billion dollars. I'm like, they have $11 billion in XRP right now. At the $11 billion sitting around. What would they rent? I go, it's a. It's. The story's wrong. It's a bad story. Well, they must have heard something through the grapevine because it's the real story right here, Jeff. Turns out it's called Evernorth. Evernorth public with over 1 billion of gross proceeds. This is Ashish Burla. I'm proud to share that we've launched Evernorth xrp. A first of its kind institutional vehicle built to accelerate XRP adoption. With over a decade of uptime and rapidly growing D5 ecosystem, XRP well positioned for adoption. And Evernorth is built for that moment. Read about the announcement here. Here we go. Here it is right there. And look at all this other stuff there. Look at all that. Newly formed Nevada. How about that? Nevada. It's interesting. To enable XRP adoption on institutional scale. Today announced its public launch and execution of that business combination agreement with Armada Acquisition Corp. Aaci Publicly traded special purpose acquisition company. The ticket. The ticket. This is cool. The ticker symbol is going to be xrp. N. So XRP and then N for north transaction is expected to raise over 1 billion in gross proceeds including 200 million from SBI. SBI. Also investor in Ripple. Big number and Ripple. Ripple itself is an investor. Ripple works. It's an independent charitable social impact. Pantera Capital, Kraken GSR and participation from Ripple Co founder Chris Larson, among others. If you guys don't know. Sheeshberla was. Was an employee there. Then he went to the board. I kind of figured he'd be working on something now. He's. He's actually moved on his. He's withdrawn his. You know, he's no longer to sit on the Ripple board. It's kind of a conflict of interest. He doesn't. He's got right any more time. He'll sit on this board.
Jeff
He's gonna be doing this. Yep.
Chip
And he's also the new CEO over there too. Jeff, I don't know if you Knew that that's kind of cool. So, you know, it's a big move for him. Yeah, I think it's, I think it's, man, he had this, has the, it's a cool company named Evernorth. You know, it's a very cool idea, a very positive sort of a, you know, idea company. So really happy about that and you know, we'll see what happens. See what happens.
Jeff
And it's, it, it's pretty big because even, it's even chip, it even hit Reuters. So if you look kind of out, you know, Reuters ended up, you know, posting on it and they're talking about some, you know, some big news and they're writing in and around here. The move comes after Wall Street's top regulator ended a high profile crypto lawsuit which accused Ripple of selling unregistered securities. Doesn't really talk about what happened in the lawsuit. Under a crypto friendly administration, Ripple is looking to scale institutional adoption and the presence of the XRP token in capital markets. The deal, expected to close in 1Q26, will create the largest XRP publicly traded XRP treasury company ever, north said. As scores of companies continue to wrap crypto assets and equity concerns are mounting over the spillover effect or impact of a correction in the equities markets. Earlier this month, crypto assets suffered from their largest sell off ever after Donald Trump escalated his trade war with China. Do you think it was. There's so much war, you know, tariff impact. The crypto markets go up and down where the crypto market's responding to the tariff. I know we talked about it before, but I still, I still look at the way these get analyzed. Crypto assets suffered their largest sell off after he escalated his trade war with China. Trade war being ongoing, it wasn't all of a sudden out of the gate. The whole tariff thing. Obviously, you know, Trump had been going after China. Was that the impetus that really led to the crash of the crypto?
Chip
Who cares?
Jeff
It pulls back, it's going up. These cycles are just, they're non stop. You could, you could put any news, news cycle into the crypto market, be like, look what the news cycle did to the crypto market. Meanwhile, it has nothing whatsoever to do with the crypto market. I just, I understand how to analyze the crypto.
Chip
I've noticed that almost everything that's out there publicly is garbage. I hate to be that guy, but yeah, I'm becoming that guy because people just write anything, I mean, you know, they just start, I mean it's nothing it's just based on like a feeling, a whim. There's nothing.
Jeff
Yeah.
Chip
Even remotely based.
Jeff
Weaving. Right. But they're weaving these other parts of the story into the main. The main story of all this is the fact that. That ever north is getting ready to go long, go public. All the other stuff is just superfluous to the. To the whole story.
Chip
Look at this.
Jeff
You always have to bring it in. They always have to bring it in.
Chip
Look at this negativity. Japanese firm SBI, which was previously affiliated with SoftBank. Oh, wait, how are they really affiliated? Softbank? You know, it's just.
Guest Speaker
It's just.
Chip
That's like, what does that have to do with anything? How about sbi, one of the largest financial institutions in Japan, One of the most successful. Can they write that? No, no, no. They're gonna make up some. I mean, SoftBank is just a VC company. What are you talking about? Providing 200 million in exchange for equity, of course.
Jeff
Yeah.
Chip
You know, this whole thing. This whole thing is. Look, the idea behind this is what matters. And that's why so many great companies are jumping on board. That's why Chris Larson is reaching in his back pocket. And of course, the Sheesh is a very sharp dude. I mean, he. I always, you know, like listening to him. He's a sharp guy. And I always thought, what's this guy sitting on the board for? Yeah, sure, you collect 300, $400,000 a year, but, you know, you want to do something, you want to stay busy. He's a young guy, and I know he's a Michigan guy because he's at Ash Go Blue. So he's a Michigan dude. But David Schwartz chimed in on it. He said, XRP community. I promised I'd have an update on my next adventure soon. Right. Well, here's the start. I'll be the strategic advisor to Evernorth, helmed by my friend Ashish Burla. Evernorth has found that it's a regulated, scalable investment vehicle to tap in opportunities for XRP and DeFi and capital markets, extending the XRP ecosystem. I'm excited to get started. So, yeah, a strategic advisor now. But what's he going to become once ever north goes. Do you know what I mean? Like, he's still at Ripple. He's still winding his time down until the end of the year.
Jeff
That's why he can be strategic partner. He can't go on full. So as soon as he replaces himself cto. He's cto.
Chip
He's CTO more than a strategic advisor. Be wasted on someone like David Schwartz. Not to say that he hasn't been advising him all along, but the timing's uncanny. He announces a week and a half ago, then this. This comes up. You kind of put two and two together. But I wanted to sage up the day the lawsuit ended. Do you remember we had 60 T shirt orders. We didn't know who it was. This is the only tip that we got to who it might be. Because on July 13, 2023, Ashish Burla said, I'm repping this bad boy today. And what bad boy was that? That's right. That's Ripple Strikes Back. That was Sec Wars. He was wearing one of our merch shirts. You gotta love that. I was a little bit of tie in. You'd bury those things in the back of your head and you go find them. And there it is. The day he was repping that the SEC Wars Ripple Strikes Back got the shirt. And there it is right there, guys. And you can own that very shirt too. We have a couple of Sec wars, like Star Wars, Ripple Strikes Back and then Sec wars is the other one looks like Star Wars. And it was really cool. It's kind of cool to have that sort of thing that this guy here was. Has our merch sitting somewhere now. He's going to be running this massive cool company. So anyway, thought that was a cool, cool tie in right there repping this bad boy. Damn straight. That's a bad boy. You got the bad boy. Just put badass right in there.
Jeff
Badass.
Chip
And we're golden.
Jeff
Now it's all going to be badassery. Look at that CEO at Ever north now. Look at that.
Chip
Sweet, beautiful. Wear our gear. I love that. Not to say he's promoting it, but I was like, we, we. Who bought all the shirts? We don't know who buys them. You know, we don't have a. And then that's a drop ship type of thing. So we don't have access to the people's names, which is good. We don't want to know. But we like 60 orders, man. Somebody bought 60 shirts. So I'm not. We don't know that it was Ripple, but it took me a little bit suspicious like who, who would buy. Go out and buy 60 of them for, you know, whatever. And I saw this, this was interesting actually. Let me see. I'm gonna go. I'm gonna find the original one. Jeff. This is even. It's all kinds.
Jeff
There's a good. Here's a good point right there from Charles 2025 ripple acquisitions, hidden road rail, treasury, now Ever north alliance connecting the plumbing. They're putting all the pieces together to be massive. I'm going to be app. They've created an amazing platform, you know, over at Ripple now to connect the dots with all the institutions. There were some missing elements for Main street adoption and now they're plugging it in. They're putting all the pieces and they're, they hadn't, they hadn't sat still during the lawsuit. And that was really the key. And I believe, you know, obviously Gary Gensler was doing everything that he could as the Democrats are now to crush crypto. The Democrats hate cryptocurrency. They hate everything that it stands for. There's a couple of them that are on board, but they're, they've been outliers and then. But the rest of them just follow hook, line and seeker. They might be passionate about it. They might not Even agree with 99 of what their party stands for, especially now, but yet they still embrace it. They still toe the line. They still come out. Who was it was, was. It was. It was Schumer, right? Not Schumer. Who was the one that came out pro crypto. Got the money? I can't think of his name. Really wasn't sure. Yeah.
Chip
Shifty. $10 million from, from. Oh, I'm sorry. Fair play, right? Right, Fake play. The.
Jeff
The whole thing with that was, is that they're like, oh, he's pro crypto. One statement one month before that or two seconds, right? His only, his only crypto support. It's just, it's just crazy. And, and it's interesting too. Elon's mentioning all the different news that's come out over time where things go, you know, I remember news coming out. Hbar being adopted for tokenization skyrocket. Then it came out as fake news. Now if that happens, nothing skyrockets. Well, I think it, it also goes along. You know, if you go back, read about what happened during the dot com era, anything that had a dot com didn't even have to be dot com affiliated. It could be, you know, a soda that was dot com. And all of a sudden people are like, oh my God, it's gonna be the next big thing. Invest in it. Then everyone invested it skyrocketed. And then the paper was worth a huge amount. And then it dropped. And then the paper, you know, you'd actually was for, you know, fire. That was it. Who just fodder for the fire. It was worth nothing. Less than nothing.
Chip
Sir John says David is the Mastermind of development but a minimind of the economics.
Jeff
Yeah, that's unfortunately. I don't know.
Chip
Chad says Dems hate crypto because they're afraid they'll learn the truth about ftx. I mean that's part of it, but they're really afraid of the fact that it's going to freedom their ass out of a job. It's freedom. They crush freedom. If they can't tell you what to do, they can't tell you that you're a racist. They can't tell you how to act in public. If they can't tell you any of that stuff, they're worthless. They have zero new ideas. They're, they're, they're a lackluster party. All they can do is sit there and complain and cry about what Trump is up to. It's ridiculous. This is absolutely insane.
Jeff
Another useless.
Chip
Yeah, Mark Smithson says work for a.com out of New York City that went dot bomb. Yeah, 90 of them did go dot bump. Wap wah. Yeah. Huh. Fomo. AI. That is. Is that now it's just all garbage stuff. Look at this right here. I thought this was great. Ellie Terrett said I wanted to play this first. Sources in the room. So the Brendan Peterson said. And then this is Ellie that broke the story. She says small nugget. Senate Minority Leader Chuck Schumer's among the Democrats meet with crypto leaders on crypto. Capitol Hill round table was convened by Senator Gillibrand to try reviving stalled crypto talks with Republicans. You see how they're framing this right now? Of course, there are some of the dumbest humans on the planet. They really are. They're really some of the dumbest people. And check. And check this out. So. And then he said this. Here we go. Oh, crap. Where is it? There it is.
Jeff
There is.
Chip
Why am I missing the other story? Damn it. There it is. Sources in the room say the. That the meeting got heated. Senator Gallagher, a Democrat from Arizona, per two sources familiar, told the crypto CE CEOs. I'm really pissed about what happened last week. Don't be an arm of the Republican Party. They used all of you and your mega suit megaphones. To us. These people are not well, people that. They're the ones that shut the government down. They needed only nine votes and they all voted unison to not pass a clean resolution. That was it. A clean resolution, which they've done before.
Jeff
They all stick together.
Chip
Well, they just matter.
Jeff
What.
Chip
Well, the best part about that is Trump killed all their pet programs. A Schumer's been working on one of these projects for 15 years dead. See you later. You want to play games? After. After 60 or 61 days passes 700,000 people will be ever so it's the greatest thing ever. Do not open the government. Do. There's no reason to open the government. I know some people have to get paid but they can hang this right around their head. They're the ones that can be responsible for it. Le said a play by play that went down at the Senate Democrats Crypto Industries leaders roundtable. It just wrapped according to the source of the room meeting up with 30 minutes of introductions from industry leaders which one attendee described as offering the top level highlights of each participant wanted to see in the bill. Course they want to talk about what they want to do. That's why they're there. Hello. That's why they're endorsing this. That's why they know better. Senators warn crypto leaders not to act as an arm for Republicans. We heard how they said that reiterating that trust had been broken with the D5 proposal leak. They added that making a public scene over negotiations as industry did two weeks ago would set the bill's progress back. Sounds like veiled threats to me, Jeff. Who are these people? They're useless, weak, feeble people that will be just right as a party. They just keep doing it over and over again. The senators as a group said they were committed to getting the bill done, underscoring that no slow walk it has happened. And emphasizing that Republicans themselves have created current issues with the legislation. More to come. How about that?
Jeff
That's it. Visual vendetta said I was told we shouldn't call people dumb or stupid, but would someone say stuff like men can't have. Can have babies and Trump is a king and Charlie King was a racist. What am I supposed to call these people?
Chip
The dumbest humans on the planet. You're being nice by calling them human so at least you're giving some nice some pleasantry in there. There's at least one.
Guest Speaker
They're morons.
Chip
Yeah, there you go.
Jeff
You don't have to say dumbers. Do we just say they're morons.
Chip
They're hating here, Jeff, about this crypto ready? Breaking this story XRP Scoop. A Japanese gaming company, Gummy Inc. Announced that they will join SPI and Ripple in the private investment in public equity pipe of ever North XRP treasury business. 5 million will be primarily used to purchase XRP in the open market.
Jeff
Man, things are moving at a pace amazing.
Chip
It's Amazing.
Jeff
They all see the opportunities. Big money. Big money moves that are coming in.
Chip
Big money moves around the world.
Jeff
We need to. We need to roll one of those out. We should roll out an otc. Money Mark Money ETF or something called otc. Confuse everybody. Like, isn't. Isn't otc over the counter. Be like, no. Otc. Otc. Xrp. That's right.
Chip
How old? Yeah.
Jeff
Sir John, people have to understand that the crypto market is rigged. No, no. Only NFT giveaways are rigged. CZ prepares the crash and waits for some fundamental thing like tariffs to be announced. Press the sell button. Not Trump, but China. China, China, Dinah.
Chip
China.
Jeff
So I got it.
Chip
Here's Paul Atkins. He's the current chair. This is what I love about the current sec. When the other guy was in there, didn't have clear rules, he made him up. And it was bad for crypto. The new guy makes him up, too. But he's pro crypto. Just enforce the rules, okay? Nobody's looking for you to save the world because only Congress can, and it will only be temporary. But he's like, we'll make up the rules and we'll do it better. And everyone's like, yay. It's ridiculous. Here he is.
Paul Atkins
Today I should like to discuss what Commissioner Purse, Hester Peirce, and I are calling Project Crypto, which will be the SEC's North Star.
Chip
What North Star? Your job is not to create North Stars. Your job is not to talk about. Your job is to enforce. Jeff, do we have to remind everybody, the three tenants of the sec? Why is this guy creating the North Star? What the hell is going on at the sec? But it's our guy, and he's pro crypto. It's just. Oh, man, it drives. This drives me crazy. And by the way, Jeff, he's. He's.
Jeff
Someone's got to take them.
Chip
This guy's four years older than me. I feel really. I feel. I feel really old all of a sudden. He's four years older than me, Jeff. Four years older than me. When I was a freshman, he was a senior in high school. When I was a freshman in college, he was a senior in college. Do you understand that? That's what separates us. What do you think about that? Holy cow.
Jeff
The guy looks. Is on his way out. Oh, my God.
Chip
I honestly. I quite honestly said, well, that's. I go, well, you know what? And he's a good guy. I mean, look, he's done great things. He's a good guy. There's nothing personal about him. But I, I thought to myself, oh geez, I haven't seen Paul Atkins in a while because he used to be the commissioner. And I go, I haven't seen him in a while. And I thought he was like in his late 70s. And I'm like, nope, he's my age. Basically. There you go.
Jeff
Cash Velocity said it's going to be a rough four years.
Chip
Apparently, man. Apparently it's going to be a really rough four years. People are googling right now. How old is Paul Atkins? He's this year. Subtract four. That's how old Chip is. Well, listen to him. Listen to this North Star Jeff.
Paul Atkins
They're calling Project Crypto, which will be the SEC's North Star in aiding President Trump in his historic efforts to make America the crypto capital.
Chip
Why don't you aid Congress in writing Clear Roads? Why don't you go down the Congress and see how you can influence them? Why don't you see if you can do that?
Paul Atkins
The SEC will not stand idly by and watch innovations develop overseas while our capital markets remain stagnant. We're at the threshold of a new era in the history. As I mentioned earlier, today I'm announcing the launch of.
Chip
Look at this clip. This clip is how long.
Jeff
Still don't know what they're going to do with Project Crypto.
Chip
Well, they announced Project Crypto twice and nobody knows what Project Crypto is.
Paul Atkins
Crypto?
Jeff
No.
Paul Atkins
A commission wide initiative to modernize securities Rules, rules and regulations.
Chip
They're going to modernize rules and regulations. Did someone should sit Paul Don and say dude, that's not your job. Your job is not to make up your own rules. The last guy did that. Didn't work out. Now because you're pro crypto, you can make up rules and regulations. They're going to update the rules and regulations. There are none. That's the whole point.
Paul Atkins
They're all made up to enable America's financial markets to move on chain.
Jeff
To move on the chain.
Paul Atkins
The President's Working Group on Digital Asset Markets released the PWG Report with clear recommendations for the SEC and other federal agencies to build a framework to maintain US dominance in crypto asset markets. This report is the blueprint to make America first in blockchain and crypto technology. We will not watch from the sidelines. We will leave, we will build.
Chip
Your job is to watch.
Paul Atkins
We will ensure that the next chapter job of financial innovation is written right here in America.
Chip
That would be like, you know, that would be like the, you know, the, like the police department said, like we're gonna make rules. We're gonna make new rules. Your job is to enforce the law. That's on the books. I know, but we're going to be pro this. That's great. I'm glad. I love the attitude. I love your pro crypto, but this project crypto and wasting time, dude, go get the bad guys. Go get the bad guys who are offending. You know, there's more.
Jeff
That's all they're supposed to be doing.
Chip
That's it. That's there now the capital formation, protect the investors. That's a good piece. But I don't know how. How that applies to crypto. That is his job. But I just don't understand why he's made up something called project crypto. Why they're having. Why has their purses flying all around the country meeting people from cryptos, you know, for what. Your job is not to meet people from. Your job is to enforce the freaking law. I don't know. I don't know. Guys, what do you feel?
Jeff
It'd be good to hear what everyone else says on this one, get some feedback.
Chip
I want to hear what you guys think. Because am I, am I offline here? Because, I mean, I just don't understand what the SEC is going to do. Paul Lin's hairstyle just needs those square mustaches to look like. Yeah. A little turned up corners. This little corner, you know, in a little monocle. That's what I need to get. I'm gonna put one of those in my eye, Jeff, like this. I'll wear a monocle that I show. I'm gonna wear glasses and I'll have my cane, and I'll square my cane around. My God.
Jeff
And a top hat. And you get a top hat in.
Chip
A monocle, dude, a top hat. That sounds good. Top hat.
Jeff
Let's see if we can get those with a tox.
Chip
That's really great.
Jeff
Okay, so flow T shirt.
Chip
I need validation. Well, you guys are gonna disagree with me, let me know. But I just don't understand what. I don't understand what he's running around doing. I just wanted to be the SEC commissioner.
Jeff
The only purpose is if he's going out to educate the congressional representative and say, listen, we all want crypto, regulatory clarity. Here's what you guys need to do. We're writing the outline for you guys. You know, we're involved in the financial markets. Get it? You guys are attorneys. You don't know any better about the financial markets. We've written out the outline for you. Here you Go now, make regulation. But that's not what he said. It's not what he did at all.
Chip
This SEC is a US government agency with a three part mission. Protect investors. Not doing that. Maintain fair and orderly markets. He talked a little bit about that around the edges. I don't know what he was talking about.
Jeff
Capital formation.
Chip
Facilitating capital formation. That's it. Say anything about crypto in there? I really don't see anything about crypto. You know Carolyn Pham, who I. Who's. Who's kind of like the interim commission over at the cfc. Acting chair. The other one, you know, Brian Quintenis, got pulled. He ruffled some feathers which. Yeah, I don't know. But she's very pro crypto. She always has been. She's been doing a phenomenal job. I really thought, why don't just make her the chair? You know, it seems like an interim. They never make them. She should really be the chair. Now here's the other part. That. Here's the thing. I want to sit Paul down Atkins and tell him. Hi, Paul. Listen, I got some bad news for you. It's great. You create the crypto project. But when that reg. When. When rules and regs actually get passed, you're not going to have anything to do with crypto. It's going to be the cftc, they're going to be the main enforcers. The only time you're going to deal with it is if it's a security, which is hardly at all. So good luck. What, what are you making a crypto commission for? You don't see Carolyn fam. Making. She's pro crypto, but she's not making up stuff. And we're gonna, you know, I don't know, I just. I find it bizarro, man. And there she is again. Look at this. Honored to join Ambassador Yamada to celebrate Japan's historic 550 billion investment in America. That'll unleash new global age under Trump. And she's got the CFTC in there. Beautiful. She's out there making, making, you know, the waves out there. You gotta like that.
Jeff
Yeah, it's all big, big important.
Chip
Like it, Jeff. That's what you got. You have to like it. And then what else here? What else we have? This is.
Jeff
We're at the bottom of the.
Chip
Jeff, that's what it is. Okay, go ahead. Let's. Let's go ahead and I'll play this after.
Jeff
Just realize we're at the bottom of the hour.
Chip
One mind. I love it.
Guest Speaker
I love it.
Jeff
One month here we go. We're ready.
Chip
Don't see it. Jeff. Where is it? You didn't put on screen yet?
Jeff
No, not yet. Here we go.
Narrator/Announcer
Get your zaman wallet ready because tonight will be epic. Not one, but two badass yetis. NFTs from the blue tribe are up for grabs. Each forged in legend. Each a one of one song. One pathfinder vendor, Volkrja the shadow mind. Prophecy mentalist. Two yetis, Two clans. One night to claim your destiny. One word, yeti.
Jeff
There you go. That's how it is. It's how we roll. Sir John doesn't have a yeti. Maybe sir John will wear when a yeti song would be one of the yeti songs. So everybody should have yetis. Sir John does not have a yetis, but the yetis. You guys want to know their part song, part nft minted one of one. That's very cool.
Chip
It's very cool. That's very cool.
Jeff
Is historic because we're giving away two of them. Two of them in one night. I like the idea that you can actually mint music. It's the coolest thing. I mean, just think about, you know, you're owning. Owning a piece of history. Got this guy, Vin reverb.
Chip
Reverb, reverb down there. Reverb twice.
Jeff
Oh, that's something. There's somehow when I share my thing now, I'm cycling sound back. I don't even know how because I can't even hear it. Nothing can be heard.
Chip
I know the guest.
Jeff
Whenever I share this, our fam can hear it. I know, it's so weird.
Chip
We only have eight in for yeti.
Jeff
Eight. That's it.
Chip
We have eight. Yeah.
Jeff
Must be a setting in chrome that's messing things up.
Chip
I don't have a yeti. Come on, dude. Sir John, you got to put your thing in there, dude. You're going to get a yeti. Come on, dude.
Jeff
Stick your thing in.
Chip
Watch this guy. Talk about the Democrats. This is so on point that I don't know, maybe it seems so obvious to me, but does this seem obvious to you? I'm going to ask you guys after this. Does it seem obvious to you? Because I've often thought this to myself, but I thought maybe there's. Maybe it's just me. I don't know. But listen to this. The guy has an assessment about the Democrat party.
Commentator
Most masculine Democrat right now in America. Mayor Pete.
Guest Speaker
Is that a gay joke?
Commentator
No, no, Mayor Pete.
Chip
No.
Commentator
Well, no, it's just that he's not particularly masculine. Nobody's like, oh, Mayor Pete, he's a badass. Chuck Schumer. Is anybody like, hey, Chuck Schumer. Holding up an avocado and a beer to talk about the Super Bowl. Is anybody like, hey, that's a dude I want to hang out with, but.
Chip
Trump's like a grandpa. Well, hold on. Yeah.
Commentator
Trump took a bullet in his ear and immediately stood up and said, fight, fight, fight. Every man in America. And most of the women out here were impressed by that. Even if the women won't admit it. She's shaking her head strong. And. And second part of this, basically summing it up. Democrats for men are.
Chip
And Republicans, Democrats for men, he said, are pussies. Just letting you know they bleeped it out.
Commentator
There are no masculine men in the Democrat party right now.
Jeff
That is true.
Chip
Things I have been for a long time.
Jeff
It's been a lot of min.
Chip
Might be the closest thing. Yeah, because he wears like hoodies. He dresses like a mechanic, and his. When after his stroke, his brain seems to have been healing.
Jeff
It fixed itself.
Chip
So I hope rant from him. He's like, I'm gonna. I'm gonna vote for the right thing. Not I'm gonna vote against party if I have to. So.
Jeff
Look who's here.
Chip
Jimmy D. Jimmy, Jim D's here. Finally. Geez.
Jeff
He's hanging out at the. At the jazz club. Well, not a single Democrat as a nut sack. Sir John, by the way, by any mysterious way, if I win tonight, I forward it to someone as I'm abroad and don't have a Zaman wallet app. He's not allowed to have a Zaman wallet app over in Croatia.
Chip
What about the Joey app?
Jeff
You can have the joy app.
Chip
Joey, Joey.
Jeff
Well, he's just gonna give it away and we have to do two back to back. So it's going to be spin, win, spin, win, and then collect your prize just like that. So anybody who's entering has their Zaman wallet ready to go. Then we're good to go. Good to go. That was a funny. That was a funny one. I like that one. That was pretty hilarious. Hilarious at its best. What else do we have? We have anything else that's tied in here? We got the man. There's been some great stuff going on over in Japan. They're crushing it lately. Just they're not putting up with any of the stuff going on. They have a new prime minister. She's kicking ass over there. He saw there was some conflict and tension over in Ireland. There was some protests. Unfortunately, a girl was raped by one of the illegals. And then the police came out to protect the hotel where all the illegal immigrants that they're bringing in are being put up. And. And then the. There were. The patriots were fighting back and they. They charged the police line on horseback. On horseback charging to break it up so they could get into where the illegals were being hoarded. It's so crazy. Stuff's gonna happen. Think it'll happen over in Ireland a lot faster than it happens over in England.
Chip
What do you say?
Jeff
I think the Irish.
Chip
Yeah. Because the Irish are. They don't call them the Fighting Irish for nothing, Jeff. They are the Fighting Irish. They're the ones. You go. You look throughout the whole history of Ireland, they've all always fought. They even fought each other. The Protestants and the Catholics. They fought and they killed each other because they were very slim differences in Christianity. Right? So it's really strange the way they did all that. But you know what? They're gonna. They're gonna go pretty now. Katie Holmes. No. Not Katie Holmes. What the hell's her name? Katie. The hell's her name? Damn it? Katie Holmes. That's the actress. Katie Hopkins.
Jeff
That's Hopkins.
Chip
Katie Hopkins. Tell me what you think about this. Jeff. This is not too far off that everything that I comment online, I call it a different word. I like how she kind of like, tones it a little bit. I say one word. I'll tell you my word that I use for what. Only way UK can save herself and watch what she says.
Guest Speaker
Believe there will come a time not too far from now when the British people, true British people, will have to make very difficult choices. Either they will flee eastwards to Eastern Europe with our much more stronger Christian neighbors, Poland, Hungary, those countries. Or they will seek asylum, Flee, try to come to America. Or they will stand their ground. But certainly the time of the crusades will need to come again if we are to return.
Chip
What do you mean by that?
Guest Speaker
We are overrun in every way, in every sense. Demographically. All births Muslim births outnumber births to every and all other religion. This is no commentary on anyone's religion. I'm just. This is just pure fact. Our mayors who control funding in our capital cities are. Are Muslim. Mosques are not churches. A mosque is being built at the outermost Tippy Tippy most end of Scotland and at the further most reaches at the end of the other side of our tiny country. This is about a takeover. 100 I believe there will come a time not too far.
Chip
100 I call it revolution. She calls her crusades. But England is a Christian country and probably Crusades is probably more on point. But they're going to be difficult. Look, you either will nip it in the bud now or you will be conquered. That's your two choices. You're not. No one's coming to save you. The government's not going to help. The problem is they can't help. They don't have a constitution. You don't have anything that protects free speech. You don't have any way to protect yourself against tyranny. You got government tyranny going on right now. And zero to protect yourself. So what are you gonna do? I don't know what you were like possibly 12.
Jeff
There were like 12, 000 arrests over what people posted on social media versus I think they said in, in like China they were like 2, 000 and the UK were 12, 000.
Chip
That's. Well, that's because in China their condition, they don't say anything. You know, they have a reason to. So here's John Fetterman.
Guest Speaker
I mean trying to exactly remains closed. And I think that's failure. And I'm the guy that's going to consistently vote for country over party. I'm always going to vote for paying our military over the party. I'm always going to vote for paying the Capitol Police over my party. And I'm going to continue to fight for the 2 millions Pennsylvanians that depend on snaf to feed themselves. And I'm also going to fight for the same 400,000 20 Pennsylvanians that depend on those tax credits to make health insurance more affordable. Two things are true. And we can fight for all of them as long as our government is open. My vote is going to remain firmly on keeping our government open. And I'm going to continue to fight for all of those Pennsylvanians that I'm honored to represent here.
Chip
Here's somebody that understands their very first, their very first mission is to work for their constituents, to make things happen for the people that he represents. That is his job. He takes his job seriously. He wants the. He goes, yeah, I want all this stuff. But you got to keep the government open. You can't close the government and say, well, collateral damage. I'm sorry, you just can't.
Jeff
New York Yankees will be renamed to the New York Much Haddin.
Chip
Oh, geez, they sucked. First one in the playoffs. They were freaking horrible.
Jeff
Chad said our goal is to globalize the interval. That's exactly what it is.
Chip
No, that's exactly.
Jeff
It's a revolution. They've are They've already put it out there. They've declared a global revolution against everybody else. And Intevada is always through armed conflict. And you can see what they're doing, right? And they. They lie. It's deception, deceptive practice. There is a picture. There's this guy Sirajwaj who's an unindicted co conspirator.
Chip
Oh yeah, that's unbelievable.
Jeff
The World Trade center bombing. And, and so, but, but there he is, he's over there with the guy. And you know, you. You see him side by side, he's smiling and laughing with the guy. He's going to events with him and there's a whole litany. And what happened over in England, with all the Muslim air, what happened in Dearborn, Michigan is going to happen, you know, in New York, you know, it's just, it just little by little, it's what was one of the things. Incremental incrementalism, you know, so just incremental takeover. But they've been coming here for decades. Decades.
Chip
Pot doesn't know until it's too late.
Jeff
That's right. Exactly.
Chip
Do you want to see the. You want to see the most salad person in the world?
Jeff
What is this most. The most salad.
Chip
The most word salad person in the world.
Jeff
A word salad? Yes.
Narrator/Announcer
Can say one sentence six different ways and still say nothing. She's unburdened by what has been, mostly because she never explained what it was in the first place. She laughs before she answers a question. And sometimes that's the whole answer. She starts by saying, let me be clear and then isn't and somehow circles back to let me be clear. She says, moving forward so often her podium is on wheels. She talks about the significance of the passage of time so long you actually feel it passing. She once defined time by saying it's the thing that passes over time. Her teleprompter doesn't scroll. It just loops the same line until everyone forgets the question. She once gave a speech about the importance of time. Speeches. She once said holistically, so many times in one speech, the audience reached enlightenment. Her laugh comes out at the exact moment everyone else stops laughing. She preaches that it's time for us to do what we have been doing and that time is every day. She once explained water for 12 minutes straight. She once explained school, school buses to a room full of bus drivers and the only thing they understood is that they are big and yellow. She leaves people more confused than before she started talking. Her speeches are so repetitive. After she's Done with a campaign, every parrot in town can recite them. She can redefine a word six times before anyone realizes she never defined it. She only answers pre scripted questions. And if someone dares to ask a real question, she starts laughing until someone comes and saves her. Her press conferences end with reporters forgetting what they even asked. She once explained democracy as the thing we do when we do democracy. When she runs out of things to say, she'll talk about how she just fell out out of a coconut tree. She laughs the hardest right after saying the least. She is the most word salad woman in the world.
Chip
So spot Jeff before we do the giveaway. I'll play one video, we'll play the other video. This, these women are. These women are hilarious. So this new thing, I just discovered this, like, I wish there's more videos in there because I can't get enough of these videos. But the one guy, the one she's commenting on. God, it's just so damn funny. I hope you guys think this is funny. Maybe it's just a curse is funny to me. Maybe because I'm like four years behind Paul Atkins. Maybe that's why it appears as funny to me. I got like a hair in my eye or something. And so anyway, so she. Here's a man who's just. This is a. A man who's distraught that he's a man because he really badly wants to be a woman. Let's listen to this.
Transgender Individual
Hey TikTok, this is day 256 of being a girl, okay? And uh huh. Something is wrong.
Chip
What's wrong?
Transgender Individual
Something is wrong.
Chip
Yes, Something's so wrong.
Transgender Individual
I know every trans person goes through severe body dysmorphia and gender dysphoria. And I know that as a trans woman myself, we're gonna have highs and lows.
Chip
Oh, low like your balls? Yeah.
Transgender Individual
But I feel like recently I've been having a lot of lows.
Chip
Oh, sweet low.
Transgender Individual
I don't know how to describe this to the world.
Jeff
Nothing to do with the drugs you were taking.
Transgender Individual
I feel like I'm looking less and less like a woman every single day. Single day. And I don't know why that is.
Chip
Oh, it's cuz you're a man.
Transgender Individual
I just got my blood work done again yesterday. So that way me and my hormone doctor can see my hormone levels because I think something is wrong. I think my. My breast stopped growing.
Chip
Uhhuh.
Transgender Individual
And my face is getting more masculine again.
Chip
Oh, it's so manly.
Transgender Individual
You guys may not notice it, but I notice it.
Chip
We notice. So don't worry.
Transgender Individual
I know we all have these days. As trans.
Chip
As.
Transgender Individual
As trans people.
Narrator/Announcer
Yeah, we go.
Transgender Individual
But today is just really difficult.
Chip
No, it's so hard.
Transgender Individual
And I just woke up. I just woke up.
Chip
Dreams are better than reality.
Jeff
Oh, my God. What?
Chip
Is that it? Is that it? Is that It's.
Transgender Individual
I'll keep you guys updated and I'll see you tomorrow.
Chip
Okay. Oh, no.
Transgender Individual
I don't like the way I look.
Chip
None of us do.
Transgender Individual
But this is me being vulnerable.
Chip
Okay.
Transgender Individual
This is me being really vulnerable.
Jeff
Exactly.
Transgender Individual
Stay safe. Stay beautiful.
Narrator/Announcer
I will.
Transgender Individual
I love you guys so much.
Chip
Not mutual.
Transgender Individual
Bye.
Chip
Life. I'm mutual. I don't know who she is, but she's fantastic. Oh, my God. I got another one, too.
Jeff
Oh, crazy.
Chip
If you like that one, it is.
Jeff
Medical malpractice and insurance fraud.
Chip
I'm sorry, dude. Did you ever. You did. You look different than that. I'm like, come on, man. I. I feel bad because, you know, these people just need some professional help and unfortunately, you know. And of course.
Jeff
And the pharmaceuticals are not helping them.
Chip
No. And it's probably making more mentally, like, you know, unstable. It's just.
Jeff
Oh, yeah, Without a doubt.
Chip
It's not good. Don't. Guys. Don't do this, man. I mean, you know, it's okay to feel awkward and weird, but you're just not going to be a woman. It's not going to happen. Imagine the left to convince these people, these men, that they could be. If you want to play dress up, great. You want to wear women's clothes. Okay. You want people to think you're a woman. That's never happening. Never?
Jeff
Nope.
Chip
Never gonna happen.
Jeff
Unless you're in the democrat horde. The democrat horde will convince you.
Chip
Try to. I'll tell you what. Why don't you play that video again? Because we're getting ready to get away. Give away a yeti.
Jeff
Oh, we are. Look at the time.
Chip
Yeah, we're gonna look at that right there. Thirteen in there, baby. Yeah. Okay. Thank you very much.
Jeff
Let's kick ass. All right, here we get some Kelly said.
Chip
What?
Jeff
What the.
Chip
He says having body dysmorphia. Just listening to this guy.
Jeff
Oh, my God. Okay, here we go. Get ready.
Chip
Okay.
Jeff
Too.
Narrator/Announcer
Get your zaman wallet ready because tonight will be epic. Not one, but two badass hidden FTs from the blue tribe are up for grabs. Each forged in legend. Each a one of one Song.
Chip
Thee Fear the Silent One.
Narrator/Announcer
Pathfinders Vendor Volkurja the Shadow mind prophecy mentalist 2 yetis 2 clans one night to claim your destiny. One word. Yeti. Battle. Yetis. One more battle.
Chip
Beautiful on the chain, Sir John. I'm with you. I keep saying the same thing. I will not stop repeating that. Asylum should be reopened. Absolutely. People need help. And they're not getting just in time. And they're just getting convinced that this is okay. It's not okay. It's not. We got 14 in there. Somebody threw another one in there. Go ahead and ready to roll. Crypto up's already presumptuous. He already has his wallet ready. If Crypto world wins, we got nothing to do. But I'm just saying. Nothing at all. All right, here we go. May the best person in the OTC audience win. Here we go. Bam. Bam. Which one's first? Blue or white tribe? Joe.
Jeff
They're both blue.
Chip
I mean, which one, though gonna do the Pathfinder?
Jeff
Pathfinder.
Chip
Rafi wins a Pathfinder. Let's see. Rafi, are you here? We need to hear from you, man. Rig. Don't worry. You have another chance.
Jeff
Before you start yelling, Rig, is Rafi here? Rafi has to be here. Is Rafi here?
Chip
Where is Rafi? Everyone's congratulating Rafi, but Rafi's not here.
Jeff
Rafi here. Rafi's ear. There we go. So what we need is your Zaman.
Chip
Wallet and your X handle.
Jeff
So we.
Chip
Can we post it out there. You have Rafi. Do you have a Zaman wallet? That's the next important question here. And I have my Zaman. Getting you the address? Yeah, a little bit.
Jeff
So. So Rafi. Rafi is for this one. So as soon as Rafi comes in, we'll give that one away.
Chip
Cool. Let's go ahead and get ready to pull again.
Jeff
Hang on.
Chip
Let's go, guys.
Jeff
Get it in there.
Chip
If you have a chance for batt, Sir John's gonna ban. Rafi saw this one more monkey business said, I went to Dover to escape the UK and I got caught. And I was told, you can only come. You can't go out. It's only one way only.
Jeff
Stuck in Dover.
Chip
Stuck in Dover. Bend over, legend.
Jeff
Ben over Ben Dover. Joey, give us your Joey wallet.
Chip
Joey walks. Joey works also.
Jeff
Yeah, Joey's okay. We don't mind Joey. Joey is okay. Joey's cool.
Chip
This is our first Joey wallet, right? Wallet. It's called Joey Wallet. Joey lads over there at first Ledger. XRP Cafe. Joey wallet. I'll put it up. Joey so you guys can see.
Jeff
It should be. I'm gonna just start promoting Joey.
Chip
There it is. Joey wallet. There it is. Very cool branding. Also I will say I have to.
Jeff
Get to the studio.
Chip
Here we go.
Jeff
The chain is on the chain.
Chip
On the chain. Here we go. There it is. Joey wallet. It's JoeyWallet XYZ. There it is. Hold tokens and NFTs swap explore, stay in control. You have an app for iPhone and Android all in one store. XRP based assets securely swap tokens. Do real time prices, collective view, manage XRPL NFTs. See, so you can. There you go. Connect to XRPL DAPs while using the wallet Connect and buy and sell XRP with fiat. Stay in control. These are self custody web 3 off for flexible key management. Your privacy. No personal data or KYC required. Protect your wallet with a biometric and pin based encryption. Face id, touch ID and pin protection. There it is. Wallet.
Jeff
Joey by Concrete Blonde. You're welcome.
Chip
Okay.
Jeff
Still haven't seen it. All right, well, when it hits, we'll. We'll pass it on. So now what we need to do is do the second drawing.
Chip
Okay. Let me share the screen again and we will go. Let's go. Ready? Here we go. And we're gonna draw again.
Jeff
Is for the mentalist. Mentalist song so Flow Digital. There you go.
Chip
So Flow you here.
Jeff
So Flow. Is so Flow still here? So float. Winner, winner. So Flow is the big winner.
Chip
Here. From you getting my. My wallet ID man. A long day, Yannis. Yeah, I got the Yannis.
Jeff
Rigged from the start. That's it.
Chip
Rigged twice though. Damn.
Jeff
So Flow, you're banned also. That's right. That's what's gonna happen. Anyone who win, banned, block, you can't come back. That's it.
Chip
You ban everybody. That's it.
Jeff
Be ruthless. Be a ruthless, ruthless battle. That's funny. So far. So far I haven't seen any wallets. I haven't seen.
Chip
Wallets. We have also.
Jeff
So Flow said he's getting it. The other one is coming too. We need some wallet addresses.
Chip
All right, we should. Let's watch. Waiting for that. Let's watch this other video. Okay. There's so Flows.
Jeff
Okay. I haven't seen it.
Chip
While you're doing that, we're gonna watch this other video. This is along the lines of the last video. I'm sorry. I just got his kick. I started seeing these. So here we go. Let's watch this. Here we go.
Transgender Individual
I genuinely have.
Chip
What happened?
Jeff
So Flow?
Transgender Individual
I'm a little angry right now. I didn't even work today. I just went to the Burger King.
Chip
No King.
Transgender Individual
And I can't go one day without Getting mis. Gent Hindered down. And, like, I understand my voice is still, like, in hella deep. I understand that, like, people, like, assume, like, the facial structure that I am a guy, but, like, how do you not look at my boobs? That's a woman.
Chip
Yeah.
Transgender Individual
Are you dumb?
Guest Speaker
As.
Narrator/Announcer
He's got 10 old bitties transgendered every day at work.
Transgender Individual
The other day at work, oh, my God. There was this, like, woman that, like. Oh, can you.
Chip
Why are you talking. Jeff, we're listening to this video, so.
Jeff
I'm trying to send this.
Chip
You don't need to tell him. It's just, like. It's just.
Jeff
I gotta tell him.
Chip
Tell him after. He's gonna know what's gonna happen. Nobody needs a play by play. The most boring process in the world. Nobody needs to know. Nobody needs to know.
Jeff
It's the most important part.
Chip
It is not important for all time.
Jeff
It's now.
Chip
Whoever bought the badass yeti coffee during the show, that's important. Thank you.
Jeff
That was important, too.
Chip
Somebody gets a badass yeti, they'll let us know if there's any problem. They'll say like, hey, I didn't get it. We'll be like, cool. We'll get it for you.
Jeff
Recorded for all time. Recorded into Memorial.
Chip
I like doing one, let alone two. Slows the show down. Slows it down. He's got 10 old bitties.
Transgender Individual
I get misgendered every day at work.
Chip
You. The other day at work, there was.
Transgender Individual
This, like, woman that came up to me. I was like, oh, can you ask that?
Chip
That.
Transgender Individual
That gentleman. That handsome gentleman over there? Like, what he. Where that thing is? In whatever aisle. Can you not look at my rack and clearly see that I am a woman?
Narrator/Announcer
Girl.
Chip
Yeah.
Narrator/Announcer
I'm like.
Transgender Individual
I'm just so tired of it. I get that I'm in Calvert and I'm in, like, a very redneck part of my state, but y' all bitches need to start taking me seriously because I'm about to start crashing out in aisle five.
Chip
Crash out, child.
Transgender Individual
I'm dead. The serious. Sorry, I had to rant about that.
Jeff
People are crazy.
Chip
They're insane. Look, dude, you're a dude, okay? You're a dude with. With tits. I mean, I don't know what else to tell you. I mean, it's not a good look.
Narrator/Announcer
Yeah.
Chip
You cut it off. That's your problem, though. It's really bad. Look at my right top.
Jeff
Did we get the other one?
Chip
Look at my rack. That's okay.
Jeff
We get the other one.
Chip
He's just an overly gentleman. Don't. No, we never got the other one. We're out. Rafi never came back with it.
Jeff
Rafi disappeared?
Chip
Well, I don't know because. No, no, I. I don't know because I don't. I can't see it in here. Doesn't mean we didn't get it. You have to.
Jeff
Has anybody seen Rafi? I see so flow, but I definitely don't see. Rafi was here. He was getting his Joey wallet and then disappeared. And then that was it. Gone. Oh, there it is. I see it. I got it. Hang on.
Chip
Don't worry.
Jeff
Don't worry.
Chip
Rafi's. Rafi's cool.
Jeff
Rafi babies.
Chip
Looks old. Wasn't Rafi that weird, like, singer dude that used to sing with kids dude named Rafi? Rafi the singer. My daughter listen to somebody named Rafi.
Jeff
There we go. Yes.
Chip
Yeah, it wasn't. This is there. I knew it. Jeff, come on. You can't get much.
Jeff
I know other Rafis. There's a lot of Rafis.
Chip
No, this Rafi here was like a singer. And he used to sing these really weird songs. Apples and Bananas, Epos and Beninis. That was it. That was the damn song that my kid would play. And it would get in my head. I'd be so angry.
Jeff
Rafi. It's on its way. It's verifying. Let's see if this actually goes through. Boom. Through. Done.
Chip
Rafi, is that you?
Jeff
Proud owner. Proud owner of Scabby Scabby.
Chip
Rafi thanked you for the yeti. You're still banned.
Jeff
Search on.
Chip
Oh, nice. You ordered the coffee.
Jeff
Beautiful Sneak log. Ordered the coffee.
Chip
Nice.
Jeff
Which one did you get? Did you get the Obsidian Bold. Tell us which one you got.
Chip
Got the breakfast blend. Jeff, did you get the whole bean? I hope you got the whole bean because you can crush it yourself. Whole bean brood awakening the breakfast blunt. Thank you, man. I hope you enjoy it. Let us know. Report. Report back. Rafi says thank you. We're all good. Thank you very much. Really appreciate that, guys. It's a lot of fun. Rafi, Eples and Beninis. He's 77. No way, man. Did not know that.
Jeff
Crazy.
Chip
That song. Brush your teeth and Banana phone. All these cool kids songs he used to sing. The wheels on the bus go round and round.
Jeff
Oh, yeah, those songs. I know what you're talking about.
Chip
Yeah. Those ones that infect your mind and you can't get them out at the most.
Jeff
Yeah.
Chip
Exactly times they come in.
Jeff
Were you in Detroit? I don't remember what radio channel was but it was morning, morning radio. And they had that song Toast. It was a Ken might have been. And they just. They had that. They would bang on something. They say Toast had a whole song over Toast. It was crazy, crazy song.
Chip
I do remember Mr. What was his name? Mr. God. I got the tape somewhere. I somehow found one online.
Jeff
What's that?
Chip
Which one?
Jeff
Was it a bad day?
Chip
I'm having a bad day. It's horrible day. We do this whole bit. Who's calling in about having a bad day? It was hilarious. They called him Mr. Something. Mr. Sad or. No, Mark, you remember that guy? It was in the early 90s.
Jeff
Oh, yeah, Mark. Cindy. And in Michigan, there he was.
Chip
Imagine if yetis were minted on ERC 20s. 4540,578 to confirm next Thursday.
Jeff
Waiting out.
Chip
No, it wasn't Mr. Ed. No, no, no, no, it was not. It's so close. It's Mr. Something. But anyway, that was. That was a great dude. I was. They did this whole bit, then they did the dude TC in the helicopter. That was the other bit that they did. TC was calling in from the helicopter and he was a funny dude. Mr. Stress. It was Mr. Stress. That was what it was. Mr. Stress. Yeah. Come on. Let me tell you something. You remember Mr. Stress? I think your time there.
Jeff
Yeah.
Chip
Oh, Mr. Stress.
Jeff
Remember that one?
Chip
Just fantastic. Jeff.
Jeff
Radio back then was the. Was the best. Was the.
Chip
It was just. Remember, Fantastic. Yeah, it was good.
Jeff
Not anymore.
Chip
Most terrific. No, not anymore. Haywood Banks. Heywood Banks. Is that it? Heywood Banks.
Jeff
Oops. Who's that?
Chip
That's what he's saying. He was saying Heywood Banks. Is that who that used to do the Toast song? The Toast song was Haywood Banks.
Jeff
Remember? It was a Wood Banks. All right. Yeah, it was kick ass.
Chip
I don't even know. You don't remember Mr. Stress or TC if you play I.
Jeff
Might have played it. Probably remember it.
Chip
Should find this Mr. Stress. What happened to Mr. Where the hell was that? See, Jim, Mike, personality Mike Clark passed away at 63.
Jeff
What is it? What is it? Which one was it? This is the L. Those are all around the time when Howard Stern was making it big too.
Chip
Let's see, he held several jobs before moving to radio professionally when he was 37, appearing on the air with Jim Johnson and Ken Caliber, creating characters like Mr. Stress.
Jeff
That's so cool.
Chip
That's amazing.
Jeff
Probably can't play it. That'd be kick ass to play it.
Chip
Oh, yeah, we can play it. Oh, that's a copyright Is it? Who's gonna know? You can't even find the damn thing. When was this one?
Jeff
Was not on YouTube either.
Chip
Oh, so he just died. Wait a minute. Is this October?
Jeff
Is it the same one?
Chip
That's not today? When? Oh, the 20. He died in 2021 at 63. I don't know why you can't find Mr. Stress anywhere though.
Jeff
Doesn't exist.
Chip
What's his name?
Jeff
Stressful. There you go. Toast Wallet. Mark Smithson. Haywood Banks. That's right. You did say that Toast Toast was cool. Then they'd bang on something. Drew and Mike show. Oh, that's what it was. The Drew and Mike Show. I remember the Drew and Mike Show. Drew and that was all right around the time I got there because I got there in 94. You left in 94 or did you leave in 93? Where year did you leave?
Chip
Chip Su.
Jeff
Your what? What year did you leave? Detroit.
Chip
I left the 93.
Jeff
93. I got there in 94. That's how. That's how it goes. I think that's all we got. Unless we can play one of these episode. Are we allowed to play Toast? Probably copyrighted too.
Chip
No one listens.
Jeff
We gotta find it. We gotta find Toast. Toast is kick ass. I like Toast. Let's see if I can find it. Oh, search across our channel.
Chip
Let me put this on here. I'm gonna put this on. I don't care. I don't care what you say, Jeff. I'm gonna. Mr. Stress is legendary.
Jeff
Actually, I don't know if I can play it.
Chip
Use my face. Play this. Here it is.
Narrator/Announcer
Thanksgiving. It's damn near the worst.
Chip
Here you go.
Narrator/Announcer
I just hate Thanksgiving. It's damn near the worst holiday of the year. Because it's a damn boring. When I was a kid, I knew I didn't like it when I found. That's a day when you just give thanks for everything. When I wanted to move right on to a day where you could ask for stuff. Instead. Thanksgiving, you eat turkey. Oh, I hate turkey. Turkey is tough. It's horrible. Lousy meat. And then there's a story with a Mayflower and the Pilgrims. What a boring, stupid story.
Jeff
I hate to say it, but I always found it very boring. Even as a kid.
Narrator/Announcer
Dumb story. It's just a bunch of ship of fools, you know that just crash like a bunch of dupas into Plymouth Rock.
Jeff
Nice hats too.
Chip
Oh, yeah.
Narrator/Announcer
What a bunch of stoops. Thanksgiving Day is a day when out on the road you see one boat of a car after another just mosey along 35 mile an hour with all the men in front and all the women sitting in the back like mannequins, all on their way to like a bill naps. Thanksgiving, Thanksgiving. I gotta hear everybody whining. I'm so full. You know, all the guys sleep and so are on the floor. And to get together there's always some butt head with a thing for the wishbone. The only fun thing I do on Thanksgiving is seek out the people that get the hams instead. I like to drive by the honey baked ham joints staring at the infinite line and then toot my horn and floor it just to torture them with my freedom of forward travel. I see some people who already got their Christmas lights up so they can pressure me into keeping up with them. Well, you got enough time to put up all your lights. I say get a life right into me. Either that or come over and do mine. Now listen to this. I hear there's this adopt a turkey program. Now this is true. Yeah, you pay 20 bucks a month. I don't know, I guess forever. And I think these vegetarians or something, they take care of it, feed it, and it lives just real nicey nicey on some damn farm. You might get adoption paper, they send you a photo of your adopted turkey. What do they think I'm gonna frame and put it on my desk at work? Answer me. Call attention to the fact that I'm a dupa. Put up with a molasses headed comment. Is that your wife? No, well, actually it's my son, the adopted turkey. 20 bucks a month, that just reeks of a pyramid scheme if you ask me. Somebody's laughing all the way to the bank. And one thing, one thing I do like about it though. If I'm gonna adopt a brat, then they're right on the money that the that be kept on a farm behind barbed wire. Then I can visit. I just. Oh, how cute. And then leave it behind. I don't have to listen to it, I don't have to see it. I can just visit. When I'm sick of it, I just go home. Thanksgiving. What a rest.
Jeff
Give thanks for something. I prefer the stuffing.
Chip
At the end. You always crash out and drop the phone. It's just like you have heart attack. Everything.
Jeff
That's all.
Chip
Mr. Stress. He is good. Mr. Stress.
Jeff
I like Mr. Stress.
Chip
TC was the other good one. God, it was so freaking great. Mr. Stress. Geez man, you can't. There's nothing good anymore, man.
Jeff
Oh, nothing like that. Nothing like that.
Chip
That was a day when he had like good old fashioned radio, you know. The hell's this?
Jeff
What's that? What'd you find?
Chip
I found a soundboard, but it's just all the weird that he used to say there's not that much stuff about all that stuff he did. Mr. Stress. You can't find any of it. Horrible. What's wrong with that? I mean, there's no videos or anything, man.
Jeff
Nothing.
Chip
Nothing, man. It's horrible.
Jeff
Not a. Not a thing. Oh, there you go. What is this one, man?
Chip
Can't find any.
Jeff
Oh, there it is. There it is. Yeah, this is it. I think I can play this. I don't know. I don't know if I'll get feedback on this one.
Narrator/Announcer
Feedback.
Jeff
I wonder if it's because I share my screen versus what happens. See? Should I do just the tab? Here we go.
Chip
I don't know. I just share the tab. And that's how you're able to share it, you know?
Jeff
Check that out. Here. Here you go.
Chip
I don't hear anything.
Jeff
I haven't. I haven't started yet.
Chip
There.
Narrator/Announcer
Take a piece of bread, put it in the slot, push down the lever. And the wires get hot again.
Chip
Yeah. Dose.
Jeff
This would be played on the radio.
Narrator/Announcer
Now, there's no secret to toasting perfection. There's a dial on the side.
Guest Speaker
Side.
Narrator/Announcer
And you make your selection. Push to the dark of the light. And then if it pops too soon, press down again. Make toys.
Chip
I remember this. Yeah, I do remember this now. Yeah.
Jeff
It'd be in the morning, early in the morning.
Narrator/Announcer
For many years now. I've been a booster for the browning of the bread inside a toaster. If it gets burned, I just start hollering, yeah, Toast. Cause don't you know I'm black Toast.
Chip
Intolerant.
Jeff
Leave it in too alone.
Narrator/Announcer
French toast. French toast. And Chicago rain. A square of mine.
Jeff
That's. That's it. To ost.
Chip
We're getting banned after those two things. We're done. We're done. All right. We gotta get out of here, guys. That's it. Still hanging on.
Jeff
Yeah. What is? Today's today? Tuesday. Wednesday. Today's Wednesday. We will be back when? Saturday morning.
Chip
He grew up in the house right next to mine. Haywood is not his real name. I didn't think so, huh? Who'd want out?
Jeff
Is Heywood merchant.
Chip
Downtown Flint. 88. 89. Nice toast. Yeah. Toast still funny after 30 years. Funny stuff is.
Jeff
We have some. We have some artwork in the office. The guy who does this artwork, his name. He's a doctor. His name is Dr. Prometheus Lionheart. If you have a name like that, you got to be an artist. Can't just. You can't just be a doctor.
Chip
Got to be a wackadoodle.
Jeff
Everybody loves the artwork.
Chip
I really thought there'd be more. Mr. Stress tapes.
Jeff
Six to eight years old at the time.
Chip
Young and you. Youngins.
Jeff
He was. He was in Flint from 87 to 89.
Chip
Okay, drink. Don't drink the water.
Jeff
Dr. I.P. daily.
Chip
Yeah.
Jeff
Toast.
Chip
Yeah.
Jeff
Toast.
Chip
All right, that's it, guys. We are out of here. We will see you guys on the next one. Be back on Saturday morning. Have a good rest of your week, guys. Chip and Jeff. Chip and Chef ready, guys.
Jeff
Are you down with otc?
Chip
Please, like, subscribe and click the bell.
Guest Speaker
To be notified when the next video drops.
Episode Date: October 23, 2025
Hosts: Jeff and Chip
This episode of On The Chain zeroes in on two milestone events impacting the worlds of cryptocurrency and global finance:
The hosts weave through the crypto news ecosystem, regulatory shifts, institutional adoption efforts, and rich political commentary, all with a candid, opinion-laden flavor that’s become the show’s hallmark.
Notable Quote:
"I'm proud to share that we’ve launched Evernorth XRP: a first of its kind institutional vehicle built to accelerate XRP adoption." – Quoting Ashish Birla (14:35)
Reuters Coverage:
Reuters notes the market significance and Ripple’s path forward after resolving its protracted SEC lawsuit, pointing to institutionalization under a more “crypto-friendly” regulatory environment.
Notable Quote:
“People just write anything... it’s nothing, it’s just based on a feeling, a whim.” – Chip (18:02)
Notable Quote:
“Your job is to enforce the freaking law. I don’t know. Guys, what do you feel?” – Chip (35:15)
Notable Quote:
“They added that making a public scene over negotiations as industry did two weeks ago would set the bill’s progress back. Sounds like veiled threats to me, Jeff.” – Chip (27:24)
"There’s a lot of hypesters out there... people making videos about XRP replacing the monetary system... they're just like, 'Hey, this is good.'" – Jeff (02:56)
“Ashish is a very sharp dude… I know he’s a Michigan guy, GO BLUE.” – Chip (19:10)
“He was wearing one of our merch shirts. That’s Ripple Strikes Back!” – Chip (20:21)
"Your job is to enforce the law... Now because you’re pro crypto you can make up rules and regulations? They’re going to update the rules and regulations. There are none!” – Chip (34:11)
“There are no masculine men in the Democrat party right now.” (43:22)
“Japanese firm SBI... one of the largest financial institutions in Japan, one of the most successful.” – Chip (18:51)
“People have to understand the crypto market is rigged... Only NFT giveaways are rigged.” – Sir John in chat, read by hosts (30:21)
The second half of the show leans heavily into pop culture satire, NFT giveaways, and community banter (skip unless focused on finance/crypto content):
This episode of On The Chain delivers a comprehensive breakdown of two major crypto finance events:
The hosts dissect the current hype and skepticism cycles in crypto media, advocate for clearer regulation, and connect Ripple’s growing ecosystem to a broader narrative of mainstream adoption. The show’s latter half is dominated by NFT giveaways and political/cultural commentary, peppered with audience banter and nods to their deep community roots, rounding out a high-energy, opinionated episode suited both to crypto veterans and newcomers alike.