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Jeff
Welcome to on the Chain. This is Jeff here with co host Chip. What is going on, everybody? What's going on, Chip? And tonight, Chip, we're going to be breaking it down. Ripples. RL USD just ranked number one most trusted stable coin. You know that thing 130 million tokenization deal goes live not in the US but down in Brazil. On the XRP ledger, a bunch of fake ripple scans, scams, flooding YouTube. We're going to talk about how you might be able to spot them. And the genius act kicks off a new stablecoin boom right here in the good old US of A. So we got to get into that. And then Trump's AI Moonshot just got Nvidia seal of approval, what it means for crypto and US Dominance. We're going to connect the dots between XRP regulation, tokenization and tech dominance right here in the US in this fast shifting world. You definitely don't want to miss this one. Chip, if you're ready to kick this thing off, let's go.
Chip
Welcome to on the Chain. Welcome everybody. First thing you want to do when you pop in is you want to hit the, you know, you want to hit the like and you want to maybe share on your feed. That's what you want to do.
Jeff
If you're watching on accident, share it on your feed.
Chip
That's what you want to do. That's what you want to do. Wow, it's been such a busy week, Jeff. There's been so much going on. It's insanely crazy. Good. Just so much news everywhere. I mean from crypto to political stuff. Just what a good week. Where the hell is everybody? Did the alert not go out? Mike was in here, Chad's in here. Where is everybody else? What's going on?
Jeff
Is rolling out. Rolling out.
Chip
What is going on? There we go.
Jeff
Mrnk.
Chip
Where'D you get the R from? There's an R in there. You know what it is? There is an R is there with the m's next to it? It looks like.
Jeff
Looks like. Mm. It does.
Chip
It's MRN.
Jeff
MRNK 85.
Chip
Bank charter license approval. Yeah, that's a big deal. Bank charter license man. They are. Will officially be a bank. That would be great.
Jeff
Well, maybe your volume did go down all of a sudden, man.
Chip
Let me, let me see if there's something.
Jeff
It did. It did like drop down all of a sudden.
Chip
Let me see what's going on.
Jeff
There's me.
Chip
I hate these new controls. My God, they do all kinds of weird stuff here.
Jeff
Yeah, you do sound distant.
Chip
Let's see. You know why?
Jeff
Probably can hollow it.
Chip
Switched my microphone. Probably is what I'm thinking. No.
Jeff
Never even saw an XRP meme coin.
Chip
How about now? Anything different?
Jeff
No. Now you're really far away. No, you're far away. Really far away. You're real loud before YETI for the win.
Chip
Oh, you know why? Because it did change it.
Jeff
Hello. There we go.
Chip
Hey now. Hey now.
Jeff
Hey now.
Chip
Hey now. Yeah.
Jeff
For some reason, I don't understand why it changes things.
Chip
It's fine.
Jeff
It changes it as you log in. That's weird, because your audio is perfect and as soon as we go live, then we went live and all of.
Chip
A sudden it changed it. Weird. That's very strange.
Jeff
Very strange indeed. Ice.
Chip
Ice.
Jeff
Ice wine is in Toronto. Drinking some ice wine. Not Toronto, near Niagara.
Chip
Atlanta. Yahtzee. God. When I lived in Florida, which was a long time ago, back in the. About 20 years ago, there was a lady that I moved into a house with. She was. She was playing. She was playing. Not Yahtzee. At six in the morning. And you would hear this. Be super quiet outside here for two hours, six, not eight o' clock every day, playing this stuff. And I'm like, please, please stop that.
Jeff
Chip. Have you ever heard of XRP meme coins?
Chip
Of course. Of course I have. On the, on the first ledger, there's thousands of them. Thousands.
Jeff
Thousands of meme coins, Joseph.
Chip
I mean, I always say to people, look, if that's what you like, go ahead and do it. I. I mean, I own those because it was fun to own, but Doge will get some utility from flare. I don't.
Jeff
I got the Sheba, you know, sheep.
Chip
I got some Sheba too. I mean, I mean, you know, look, I don't. They're fun, right? Sometimes, but most of the time they're rug pulls. And hey, you know, exercise with caution.
Jeff
This ain't no rug.
Chip
We know, we know.
Jeff
You're just rewards.
Chip
Just goofing on you, man. He's goofing on you.
Jeff
There we go.
Chip
Brandon. Pacifica, California. 12 miles south of San Francisco. Oh, you're right between there and South Mountain View, which is that mountain view down there. Where's Google? I've been. I was. I've driven down there.
Jeff
I've driven down that coast.
Chip
I've been there.
Jeff
You know what's nice about California? The topography.
Chip
They see the politics.
Jeff
Yeah, politics.
Chip
Politics are fantastic, Jeff. Everyone loves it there. It's a great place.
Jeff
The people. Only the people that log into the show.
Chip
That's great. Well, you were talking about this in the beginning but this is so Blue chip has rated the highest rated stable coin on Blue chip has never changed but today RLUSD becomes the new number one ranked stablecoin Blue Chip is beginning coverage by for RSU the Ripple USD which is Ripple stablecoin with an initial rating of A that reflects our view that Ripple USD is one of the safest stable coins available and Blue Chip is a rating agency they they're an independent stablecoin rating agency joined our telegram group that it but here it is right here the reason they got that is based on a few factors so for we look at stability at 0.91 management 0.84 governance 0.86 so so you have very low risk for governance and management very stable coin which is good when you're thinking about a stable coin stability is good and then they put out a whole report we're not going to look at these are some of the key features right there but RL USD by Ripple backed by US treasury bills, government money market funds and bank deposits these assets present some of the lowest credit and duration risks and it's also regulated by the New York Department of Financial Services which is a big deal because that's, that's where it all starts these so this subject's ripple to some of the most stringent guidelines and monitoring requirements. Yeah, it's tough over there. Very tough. What do you think about this? A pretty good thing Jeff.
Jeff
It is a good thing to get some that's it actually we're starting to see some definite progress right there. RL is USD by the ripple trying to see some massive identification. This wouldn't have been possible if it wasn't for the current administration and some of the regulatory clarity that we're seeing the Genius act, you know Big one Clarity act and all those other great things that are coming into play.
Chip
I mean blue chip is not doesn't really understand how news works. When you don't want people to see stuff you drop it at five o' clock on Friday and nobody ever hears about it. Right. They call it the 5pm news drop. It's usually when bad political stuff drops but they dropped it on Friday. Brad Garlinghouse CEO of Ripple was saying in case you missed it in the midst of all the regulatory goodness and everybody missed it. I, I, that's the only reason I saw, I saw his tweet, his post here. He says blue chip rigged. RL USD is the number one most trusted stable coin in the market. Big, big deal right there Jeff. Big Deal. I kind of like that.
Jeff
It's a huge deal.
Chip
Ripple. We talked a little. You talked a little bit about this too. But the PSA noticed an uptick of XRP scams. Jeff wasn't that going around like two years ago and then Garling House actually did a video on it.
Jeff
He had to come out. Yep. He had to come out and. And do it. Yeah. And it's crazy because we're starting to see a rise of all the different crypto scams once again. They're always there, you know. But think some of it gets fomented by.
Chip
But here's what I don't understand. When you think about how good. Just like in the last six to eight months the AI has gotten on with Google. Their whole entire suite. They did a phenomenal. Sort of an upgrade to their. To their AI stuff. And what's weird is it doesn't seem like it would be too tough to detect that somebody's spoofing Ripple. It's not on their official channel that some other BS channel. Right. I mean the same way you have an official account. You see how we got this little sticker right here. That's an organization. Right. So you have to qualify for that. You also pay for that. But that's the designate that you're the company. Now anybody could open one that looks like says Ripple. But maybe something else here. I just don't understand why YouTube doesn't spend more time on that. Because how about. How about the spam comments? I invested in XYZ Element Coin. It was the greatest coin in the world. And no I did this. And you got to call so and so on. I'm like, they're just in succession. Like nobody can post that fast. All right. That would be. That would. You would just know that. And I don't know why they don't have some kind of auto AI where even if it thinks it's spam, it throws it in there and you can just go through them all and go nope, that's not spam. And train it that it would know in the engine would get better. But it doesn't. Our spam comments. We can't even keep up with it. It's that bad.
Jeff
That's right.
Chip
Nonstop crazy garbage.
Jeff
Non stop.
Chip
So they. Yeah, they put all the official columns. This is it. Right? Let's. Here we go. Right here. What is this? How to spot. How to spot a giveaway. How to spot a report Giveaway scams.
Jeff
Look, scam giveaway, darling.
Chip
House is giving away 100 million XRP. Nope. Ripple XRP. And it's so, it's so cheesy looking too. This was posted originally in 2020. Look at this scam. Dear followers, Ripple's now listed all top exchanges celebrate and donate a total of 2 million XRP to give away to our fans. Fans? Like Ripple's like scouring the Internet looking for fans. I mean this is really ridiculous. It's crazy, super ridiculous. He said like clockwork with success at market rallies, scammers ramp up their attacks on the crypto community. Please beware of the latest scam targeting XRP family on YouTube and impersonating Ripple official account. We will keep reporting these. I mean if the, if Ripple reports this, it should be taken down quickly. But it doesn't.
Jeff
That's part of. Yeah, it definitely, it doesn't. It sits up there for way too long.
Chip
And I'm never going to DM you if you, if I'm DMing you now. You know who we are. I know who you are. Okay, I'm never going to DM you and I'm just never going to DM you and ask you for crypto. We're never going to have an issue that came up and if you send us some xrp, that's not happening. But I kill, I kill counterfeit of my accounts. People bring to my attention all the time. And here's one and they're clever. Like maybe one little letter is, you know, is a little bit off. You don't really, you read it, you don't recognize it right away. So that's just what you just got to be. You got to be, you know, got to be aware, vigilant. You can't, don't let these scammers take over. Another news and Ripple news here VERT has launched the blockchain based platform for structured credit. Now live with BRL 700M and USD is about 130 million. 7 BRL. What is BRL? What, what, what is that? Brazil? Yeah, it's Brazil 700 million but USD it's 130 million. Issuance on the XRP ledger EVM side chain. The first asset is CRA financing Brazil's agribusiness culture which contributes over 20% of the national GDP. That's pretty big major stuff tokenization and on chain transparency. Brazil's really been doing a lot of things around the xrpl. They've been doing a lot of stuff. They have a lot of, they have some of the top neo banks there. I mean Brazil has kind of really been on the forefront especially when it comes to tokenization, doing some other things. So this is pretty cool. It's a good thing to see.
Jeff
That's exciting, exciting to see progress someplace.
Chip
Some place well, well soon we're going to have it here. So a lot of things happen this week too, especially when it comes to what's been going on with some of the Trump doing some trade deals. Three historic trade deals were, were announced also with also the AI side of the house and it's pretty big stuff. Jack McDonald, you guys may remember Jack McDonald but he's, he was the CEO of Standard Custody which was acquired by Ripple and this is their, their custody solution for institutional. So he was saying with the signing of the Genius act, we're seeing another, other consumer companies, retailers, platforms and tech firms explore whether they need their own stablecoin. But let's be clear, launching a stablecoin isn't like launching a new app. It's infrastructure. And getting it wrong has consequences. Now you're talking about somebody who understands they're just not all these dudes was just named number one stablecoin. So you got a stablecoin isn't a product extension or a brand feature. It's financial infrastructure comes with deep responsibilities. Of course you got compliance in there. It comes down to liquidity, interoperability and of course trust. And what are most of these companies hoping for? Avoiding credit card swipe fees, faster settlement, fewer intermediaries, loyalty tie ins or closed loop spend and then the potential of a new revenue from interest on reserves. So these are valid business goals, but really it's only part of the picture and the problem. Most of these models are built for limited single ecosystem use or what we talk about a lot, which are walled gardens. They're all sitting in their own little, you know, ecosystem. So it's only useful within one brand, not necessarily interoperable, certainly is not liquid and it's not programmable. So we need less of this fragmentation in global finance, not more. And so where there's, that's where the branded stable coins fall short. Limited liquidity outside the brand, complex integrations with external systems, no incentive for third party adoption because they're built for single use case and minimal utility for consumers or enterprises. There's also the trust factor. So if you're issuing a stable coin, you need to have clear auditable reserves, you need to have regulatory alignment, you need enterprise grade risk management. It's not a marketing project, it's a serious financial infrastructure. While the US has deep financial infrastructure, many global markets don't. And stable coins can unlock USD Access speed, inclusion, where the legacy systems will fall short and that's where the need is most urgent and where the opportunity is greatest. Bottom line, stable coins are a payment shortcut or a brand feature. They're a foundational layer, modern financial infrastructure and they need to be built accordingly. At Ripple, we're doing just that. What do you think of that, Jeff?
Jeff
So what it's telling me and, and it's interesting because they talk about kind of the future. We're kind of referencing innovation, we're kind of referencing the directing, the direction things have to go in. If we go back a couple years, they were saying the exact same thing, you know, about the xrpl, but mostly focused in and around the different tenants, Ripple Net and the infrastructure they were building, you know, and the payment shortcuts and the payment rail, you know, all the different components of what they were building. Now we're, you know, focusing on. I like this part here. You know, stable coins can unlock USD access speed inclusion where legacy systems fall short. We finally, we're finally getting to a point where they're simplifying, you know, the, or the message is being simplified, you know, to where, you know, people can understand exactly what this all means. You know, how are the stablecoins impactful? Where, where's the direction that we're moving in? You know, how is this going to impact consumers? How does it impact on an enterprise, institutional level? What I'm seeing though with all of this is that this is also then focused heavily on Main street adoption and Main street for whatever reason, you know, it has been, there's a lot of reasons, but was not fast to adopt. On the digital asset spectrum, people are investing. But from a utility perspective, at least here in the US there's very little utility within mainstream. But now with a stablecoin, it's an easy pairing, it's an easy conversation. It's like, hey, it's your USD, it's, it represents your USD. It's equal to the USD. If you put your money in it, it's backed, it's protected, it's insured, you know, it's not gonna, it's not gonna adjust, it's not gonna change. Big financial institutions are using it and the best benefit of it, you can move it very quickly and it's gonna have limited cost to that movement. Everything that we wanted to see accomplish with all these other platforms and softwares is now being accomplished through, you know, a stable coin. Now you have to build, make sure the infrastructure is there. The one company that has the infrastructure is Ripple. You. They have the, they have the relationships, you know, with the banks and everything, but they might be have first mover advantage. But what we're going to see is a lot of heavy competition, and I believe we're going to see heavy competition coming out of other groups like Coinbase and, and others that will start partnering with banks at a rapid clip. And they're already traded, you know, on the, on the stock exchange, so they're publicly traded. There's going to be a lot of good, healthy competition. Once there's competition, then, you know, you're on the right track and the more competition is, the better it is for everybody. When it was just Ripple kind of on its own, then everyone's like, yeah, so they're doing it, but those guys are kind of web 3. They're crypto, you know, they're doing something different, but Main street isn't adopting it. You know, now I think we're going to start seeing things snowball a little bit, which is great.
Chip
That's what we need.
Jeff
Thoughts?
Chip
Yeah, I think it's what we need. And I think we're getting to a. Like you said, we're getting to finally get to a good place and it's going to ramp up quicker. I mean, the genius act was just the first part. Trump is asking the Congress to abandon your, your summer vacation stay on because there's a lot of appointees. He needs to get a lot of people confirmed, too. That's the other thing. Like, they can't. They're hamstrung right now. You're six months into an administration that doesn't have some key people. So it's a little bit of that. But it's also getting the, these crypto bills, you know, set. Basically saying, don't go on the two week, you know, what do they call it? Sabbatical, Whatever they call it, the recess is what they call it. So they just don't want that. I'm, I'm low again. I haven't done anything over here.
Jeff
No.
Chip
Have anybody else noticed that? I don't see anything that's going on with my microphone. Nothing's changed on my side. Everything should be fine. Everything should be fine. Clear below. I don't know why it's low. Who knows? Again, they are constantly changing stuff on this. Instead of just leaving it alone, they gotta play with it and they gotta mess it up. Every single.
Jeff
Screw around with it. Always screwing around with things.
Chip
How's that? Is that any better?
Jeff
Oh, yeah, it's a lot better.
Chip
What'd you do? I just boosted it to 100. Oh, 160.
Jeff
That's weird.
Chip
My mic, I had it on automatically. Adjust mic.
Jeff
Ah.
Chip
But I just took it off. Do you use that? Go into audio and then is your mic volume. Do you have it auto or do you have it on auto? I always. I've always.
Jeff
I have it. I have it auto.
Chip
Yeah, I had mine on auto. You said it was too low. Is that too low?
Jeff
Now it's low again.
Chip
Yeah. So I just.
Jeff
But it was loud and then it went low. So now mine is probably.
Chip
There we go. I mean, you always sound the same.
Jeff
Now mine's really loud.
Chip
Sounds the same.
Jeff
How about now it's really loud. I put on automatic. So it's going to automatically adjust the.
Chip
It's supposed to, but it didn't for me, so.
Jeff
Yeah. Yes.
Chip
Yeah.
Jeff
I don't know what it is going to adjust things.
Chip
I just cranked it up. So there you go.
Jeff
Here you go.
Chip
Then Chip.
Jeff
This one. This one's for you.
Chip
This one.
Jeff
We haven't done it yet. All right, it's time for the chip race.
Chip
Yeah.
Jeff
Crypto politics.
Chip
Xrp. Got to let my hair down, do some head banging.
Jeff
I know.
Chip
Yeah. Damn. Let's go. I like that joke.
Jeff
That's a good one, right?
Chip
We already had the chip rant.
Jeff
Hey, we already had the chip rant.
Chip
Do you know what this one goes to? 11 is. Do you know which one that. Maybe that's.
Jeff
I knew that was Spinal Tap.
Chip
Yeah. You know they're coming out with Spinal Tap, too.
Jeff
That one's not gonna be any good. You can't ruin a movie like Spinal Tap by coming out with Spinal Tap too. Well, you could. Yeah.
Chip
It's coming out, I think this year or next year. I saw that. It's coming out.
Jeff
Yeah.
Chip
Why is this one go to. Can't you just make it louder at 10? That was like, one of the good, last good movies that Rob Reiner actually made.
Jeff
Oh, my God. That was a great one. They wanted Stonehenge, and it was on the table. Little miniature. Those aren't inches. Those are supposed to be feet.
Chip
Stonehenge. Yeah. I love it. Yeti. We got the yeti. Don't worry, Joseph. You're covered. I got your wallet.
Jeff
Not one person said yeti because of what happened on. On Sunday. I was like, don't type Yeti because.
Chip
We got two people. You can definitely type yeti because. But Joseph Lachey, he basically said he was driving, so he pushed. He already. Look at this, Jeff. He's driving. So look what we got.
Jeff
Look at that. We already have it.
Chip
You know, we're gonna hear rigged, rigged. There's a chance I can tell you right now.
Jeff
Yeah.
Chip
I wanted to bring your attention to something. Guys, I want to tell you something. Let me put the share back on here. I don't like these new ideas, water.
Jeff
And roses that I report for those scams every day. Every day.
Chip
Every single day. Man, that is some crazy stuff. Jeff, you're louder.
Jeff
I don't know. That was before Alex. We'll get to that. What you just what you just talked about. We'll get to that in a little bit. It's a topic of conversation.
Chip
So I want to bring this up. Tomorrow night I will be hosting an X space on the Zao Dao and we will have two of the founders there. We will have Fabio Marzella, who's the manager and co founder, and also Santiago Velez, who is also manager and co founder. These guys have put together. This is a pretty exciting project because it really has to do a lot with the community. It's the first project that really involves you, gives you a voice. So. And again, it's. We'll get into exactly what the Zao Dao is going to field. Some questions. We'll hand out some questions right out of the gate that people have been asking. And I'm going to be basically, I'm going to be co hosting it with Jenna X. You guys know Jenna X? Yeah, over there. Go ahead and click over there. But Jenna's going to be hosting it with me. There you go. There's Jenna. So we're going to be doing it tomorrow night. It's going to start at 9pm Is it tomorrow night? 24th? Yeah, I think 24. I'm all just comboed here. But yeah, it's going to be tomorrow night, the 24th. I'm going to go ahead and drop this in there because you guys can go ahead and you can go ahead and you can make a reminder and hopefully your phone will probably let you know. But if you guys go to that post and I want you just go ahead and click on this here. There you go. And then this comes up and then you click set reminder and then you'll get a pop up on your phone saying the Zao Dao is happening. Zao Dao. Zao Dao. Oh, so there you go. I hope everybody will tune in tomorrow night at 9pm Looking forward to seeing the crew there. I mean, let's. If the OTC family doesn't show up, man, I Would be so surprised. No pressure, Anything. I'm just letting you know. Guys better show up. So that is looking really exciting. And Jeff. It is. What time is that? It is. What time is it? What did they move the time to?
Jeff
But it's 25 minutes. It's up in the corner.
Chip
Gotcha. Right, okay. Gotcha. I see it.
Jeff
Look at that. We're a little short, but that's all good. Yeti. Yeti. Yep.
Chip
Mike says we'll be there. Good. Excellent. That's awesome, man.
Jeff
Be there.
Chip
You wanna. You want to roll this Yeti clip?
Jeff
Jeff, what time is it? Oh, we got 24. Let's do it. Now? Yeah, why not? We're a little bit.
Chip
Otherwise it'll be late. Only five entries. What's going on?
Jeff
Because of.
Chip
I don't want to win. Come.
Jeff
Here we go. Let's roll it. A badass Yeti from the white tribe of the clan prowlers, the fierce and the wisest. He could be yours today.
Chip
Come on. That's right. You know the world.
Jeff
Shout it with me. Yes. Get it market Stomp it and stand our ground. Get your salmon wallet ready when I'm around. This ain't no rug pull. This is your legacy this is, this is your chaos Rewards claim you nobody scam.
Chip
This ain't no rug pull.
Jeff
Baby say no rug pull.
Chip
Guys, wine has already claimed it. Yeti is mine. We got first claim of the night. Good to see that. Fantastic to see that. You know what I've been really impressed with is the official White House account has been doing some really heavy trolling, Jeff. I mean, it's a. It's a whole new sort of a level of trolling that I've not seen, at least on a government website. I mean, like, for ex, for example, we got this right here. Of course, today, Tulsi Gabbard dropped a big bomb about Obama Clapper, man, it's huge. You know, it says, congratulations, you've unlocked the Deep State Russian starter package. I mean, this is on the official White House site. I mean, it would be clever if Trump was posting it. Here it is right there. There's Obama deep. It actually says Deep State handcuffs. This is the starter pack right here. Okay, so you got U.S. officials, Putin personally involved in the U.S. election hack. They. They made up all this stuff. They. All the paperwork. They got the meetings, they got the notes, and it all came from the top. We even have Clapper who said that Obama is the one that gave him the march order. He's already basically saying that he was the guy Ready? Here's the fake report, of course. We've got the famous Obama Hope and Change logo right there. Crimea happened under Obama. This lunatic over here, 2016 election and Hillary's emails. It's all in there. And that is your official point of view. You've cracked the Russian hoax.
Jeff
The deep state starter pack.
Chip
It really is just super clever, Jeff. Right?
Jeff
I mean, that was really great.
Chip
This kind of stuff that I've seen on there, I mean, there's like normal boring policy garbage, but this stuff is a whole new level. When they start putting that kind of stuff up, I'm like, wow, that is. That is some next level stuff, man. There was another one here too that I thought was pretty good. For some reason I thought I had it up. But where, oh, where, oh, here's the. Here's the other one. This is the other one they put up. Here it is. Oh, what the heck? What in the Sam Hill. Here it is right here. Here it is. The Tulsi Gabbard exposes how the Obama administration manufactured the January 2017 Intelligent Community Intelligence community assessment creating the Russia hoax. The crime of the century. Here it is. Here's the create. Here's the creation right here, John. Real and tell assessment. First, on December 8th, they had a POTUS briefing. Pulled the IC pulls product that would. Would contradict the Russian hoax narrative. Then there was a secret Russian meeting. A Russian meeting. Then Obama officials meet and that was Comey Clapper and Obama. Then December 9, Obama Order. IC is tasked with a new assessment to claim how the election was hacked. Now remember, this was the interim. This was after Trump was already elected and Obama's on his way out the door. Then a CIA warning to Brennan. We don't have direct information that Putin or Putin wanted to have Trump elected. Okay, so they're saying the CIA doesn't have the data. Then. Then he had Brennan ignored the. The suppressed intelligence that basically undermine their narrative that Russia stole the election. Then you've got the deep state leaks. Obama officials use their media propaganda arm to spread the fake news. You know, here's some of the stories right here. Russian hackers acted to aid Trump in the election. U.S. says NBC U. S officials. Putin personally involved in the U. S hack. Then you had fake weaponized assessments where Putin developed a clear preference for the Trump and aspire to help his chances for victory. Then of course you have these two losers. This is. Is that Carrie right there? Who is that? Who's that goofball? It's not Carrie. Who's that? I know that's a shifty shift right there. But yeah, those guys perpetuated and it was just a complete nut job and crazy. Yeah, that's what you have. That's what you have.
Jeff
I mean, see this one? Check this out. Hang on.
Chip
What you got?
Jeff
Hang on a second. I'm hanging on too many, too many clicks. So you gotta click like eight things.
Chip
I hate that.
Jeff
Massive crowd in Poland starts chanting Donald Trump at a Carol Norwalke.
Chip
You saw it, you won in June.
Jeff
Oppose illegal migration.
Chip
We will stop the anti American change in Europe.
Jeff
Man. The whole world. The whole world.
Chip
Yeah, but don't believe the narrative that these countries hate. I mean, Poland. Poland and Hungary are the two. Are the two countries that said, no, we're not doing. We're not doing the immigration. Like, what. Why is Poland not able, or even Hungary able to preserve its roots? Why is it that they've got to open their doors? How come they don't put that pressure on any other country? Does it have to open its doors? What about Japan? What about Indonesia? What. What about China? Do they need to open their doors to immigration? Like this, like this narrative is ridiculous. That's what makes a country really amazing is the language, culture and borders. If it's. You don't have language, culture and borders anymore, that's not a country. It's just. It's an invasion. So, I mean, ridiculous. Jeff, all this stuff is. Is absolutely 100% insane. Right? And you had. This is where I wanted to play this little bit. Bit right here. But this is where dni. This is where Here play. This is where Clapper admitted it. So this was back in 2016.
Jeff
President Obama, we might not have done.
Chip
The intelligence community assessment that we did. That set off a whole sequence of events which are still unfolding today. President Obama is responsible for that. And it was he who tasked us to do that intelligence community assessment in the first place. It was he who tasked us to do that intelligence community assessment.
Jeff
We are at a transformational time.
Chip
Toss them under the bus.
Jeff
Jeff immediately drove the bus over him.
Chip
Backed up and did a spin off. I mean, that was crazy. That was insane. Like, he was like, he tasked us with it. We just followed orders. Wink, wink. Like, I think they're all going to be rolling. There's gonna be some mass panic. They're all. They're all gonna roll over at each other. Jeff. I mean, that seems like what we're. What we have there, what we have.
Jeff
And then we just need to see it. We need to see this thing truly roll in.
Chip
Jeff, you remember Harry Reid.
Jeff
Oh, yeah, Harry Reid, yes.
Chip
Oh, Harry Reid. So this is Harry Reid back in the day. Listen to this.
Jeff
I've suggested if now because he's the nominee for the party and he gets, he's entitled to briefings from the CIA. For example, I told, I said publicly give him fake briefings. Pretend you're bringing briefing. Don't tell him anything that you don't want to get out. But as a Republican nominee, isn't he entitled to get those briefings? Give him fake briefings? What does that even mean? It means they'll tell him stuff. He won't know the difference. You're basically telling the intelligence community to lie to him. No, no, I, I, I'm not gonna lie to you, but I just don't have to tell you everything. Well, I said publicly give him fake br.
Chip
I mean, the guy's like, well, he's the nominee. Like, that's the kind of stuff you miss. Someone with does a little bit of research and goes back and finds that stuff. And Trump signed some executive. It's incredible, right? I know. It's like he was such a thorn in your side. He was a Senate major minority leader and he was the majority leader, so. But he was a pain in the ass, Harry Reid. He didn't, he went out first, he had a block, then he fell down. I don't know. He ended up burning out.
Jeff
They all fall down stairs and such.
Chip
Yeah, they, some, somehow something happens to them. This is the Nvidia CEO talking about Trump's, you know, executive orders on AI in technology.
Jeff
We are reinventing computing for the first time in 60 years. This is a very big deal. Before it was called general purpose computing. The software was written by hand. Now software is learned by computers. We call it artificial intelligence. And this transformation has resulted in a revolutionary technology we understand and is revolutionizing every industry. But what the President is announcing today is going to accelerate AI innovation in America, is going to accelerate AI deployment in America with all of the infrastructure and the energy that he's going to put to bear. And he's going to enable American tech stack to be proliferated around the world at incredible rate. And I think that those, those three initiatives are going to fundamentally change the United States position in the years to come.
Chip
Yeah, I mean, you got, so Nvidia is, got the is. I forgot how many billion they're worth. But they're the number one company in the world right now. So this race is a three, it's a, it's a race of a couple different areas. So number one, to be number one crypto, number one AI. It's phenomenal. So those two right there are the two biggest technology introductions. I mean, we had last, we go back to the Internet, and before that it was the personal computer. Personal computer. We had the Internet rollout. And recently in the last 10 to 15 years, we've had crypto blockchain technology. And then all of a sudden we have AI coming up pretty fast. So. And it's going to be really scary when they start mixing AI with crypto, especially with arbitrage. It's going to get really wild out there. So I don't know, Jeff. I think it's really exciting to hear somebody who's got the number one company in the world just talk about how important this is. And then you're going to have a lot of AI startups that they're going to be able to do things bigger and better. You know, I was having a conversation with the doctor and I asked what his thoughts were on AI, and he said, you know, I think AI is going to be really pivotal. He says, we just got to be careful of anything that would be negative. And I'm like. Like hallucinations? He says, yeah, like hallucinations and giving out the wrong information. But I think that AI is going to come for big pharma. They're too big, they're too bloated. They require. They require you to be on something. So you, if you get on, if you get on to chemotherapy, the oncologist gets paid more than 50 of their money gets paid because of the chemo. If they really go in, a scrappy startup that comes in and can analyze billions of data points and make connections that humans can't and starts coming up with stuff and they get, they release secure, man, you're talking about. Those places go bankrupt overnight. So I think this is a lot of what's the AI, the advances we're going to have. We're already. Elon Musk is already talking about having, I know a family who, their son had a tragic accident and basically lost his eyes. A young kid, and he lost his eye. And it's like that kid in his lifetime is going to see. Elon Musk is already working on something that can restore sight. So it's the golden age that Trump talks about. That's part of the golden age. The other part of is eliminating the Federal Reserve. Then you get a true golden age. But without that, I mean, it's going to be really interesting to see how this thing, how this thing you Know, keeps going.
Jeff
Well, there's some commentary that was coming out regarding open AI and the possibility of people, you know, using open AI to, to do all sorts of damage. You know, I mean it's. Right now it's, it's really interesting. I'm trying to find, I'm trying to find this specific article that was just, it was just posted earlier today. I can't find it. But with, with the, it was, it was right there. Now you type it in and just nothing comes up. It's the craziest thing. But with, with open AI now they just rel. Released the, the open AI agent, you know, so that's, that's gone live. So, you know, now with that it can search the Internet. It can actually do tasks using the, the search, you know, so obviously you could search before, but the point is that it can actually do things for you. So you can kind of instruct specific tax tasks to be completed. That's just the beginning step. But look at where we were, you know, not that long ago now, making music and videos and, you know, all sorts of things through AI, people are using AI on a daily basis now. Now AIs, you're having conversations with AI AIs helping you identify, you know, all sorts of, you can ask, you know, you're asking IT questions, getting advice from it, you know, from a, whatever you want to, you want to, you know, figure out. It's just, it's unbelievable. Yesterday I was sitting in a meeting and we're reading through some legal clauses and someone kept, you know, commenting that it didn't read a certain way. So I took a picture of it, put it into chat GPT, started asking it questions about that clause. And then my response as I was reading it made more sense and I, and so revenue is in the middle of this big meeting, you know, having this discourse over it, and the guy just wouldn't see his, know, the clarity, you know, of what this, what the clause was actually saying. Because those can be confusing. But you know, just through chat GPT trying to figure it out and analyzing it in different ways and that's just like it just a fragment of the power of, of where AI's at, you know, who knows where, where we're going to be a year from now. And you know, and you bring up, you know, the different career paths in medicine, what AI can do to help with interpretation of imaging, you know, that why do we have radiologists, you know, sitting in a, in a dark room when you could have AI scan the majority of it, simplify the process, and there's lots and lots of software companies already moving in that direction. But then from a medical perspective, if you want to have good commentary, you're relying on, you know, and there's a lot of great doctors out there, but then you have to rely on them knowing a lot of different things in a lot of different environment. And I can remember, not that it was a number of years ago, but I remember I was waiting for my son in karate and I was standing with one of the dads and he was an ER doc. And he's looking at me, he goes, what's under your eye? I'm like, what are you talking about? You know, I went to the urgent care and they said it was some sort of an infection or something. It was like spots kind of coming through here. And he goes, that's not what that is. He goes. And he, you know, he told me exactly what was going on. He goes, man, he goes, here's a script. Get to the, get to the, the pharmacy right away. He goes, in the, in the er, we see all sorts of things. At the urgent care, they don't even understand what they're looking at, you know, and at the er, he said he sees from all sorts of different perspectives. And, and I look at that, I'm like, man, a lot of times you go for a consult and you're relying on that individual's knowledge and memory of, of what's going on, you know, and it's just, it's amazing to me. And you implement AI from that perspective. Take a picture, analyze it, you know, see how we can speed up the process of, of medical diagnosis, I think would be really, really impressive. You know, how many people are going to be out of jobs in a year, two years, three years? Things are changing and shifting.
Chip
I was never a fan of universal basic income, but the. We're going to run into a real crossroads here. I was having a, I was having a conversation with my aunt who is 88, and I was like, it was, I said, you know, the Internet was different. Everything hit a little bit different. AI is going to be really different. And what are we going to do? Because everyone's saying, well, they're coming after the coders. They're coming after the coders. They always said, do the coding. Well, what about plumbing? I say the plumbers and the pipe fitters and all these jobs, these blue collar jobs, mechanics. Oh, don't worry, you're going to have not AI in the traditional sense, but you're going to have AI coupled with Robots and they're going to display all of you. So you know, you get a leak in your house at 3:30, you make a phone call, that thing buzzes out to your house, gets in there, comes in, fixes it perfect, uses laser, done, gets out of there. And you know, these small companies can probably do it less expensive, they can probably do it better, quicker, faster, cheaper. And Nobody calls in PTO hours. They work 24, 7 and you go ahead and disperse it. So that's where it's really going to come from. So a lot of jobs are going to get displaced. Yeah, I don't know what people are going to do, Jeff. And she was saying, my aunt was saying like she goes, no, don't worry about it, we're going to figure it out. We always have. You can't think, look at it that way. And I wasn't saying, I wasn't being negative on it, but she was like trying to talk me off a cliff because I was saying, well, but we have to be. Something's got to happen. Right. You're gonna have to shift some ideas around. It's not just going to be because what are people going to do? Sit around all day? You know, that's a really crazy thing man. Really crazy thing.
Jeff
UBI is going to accelerate the stupid, lazy, do nothing mentality. We already have Too much of that concept is scary in terms of individuals have any self of worth or value. That's.
Chip
Yeah, well.
Jeff
Somehow, you know, people are going to be able to focus on other things Trip maybe on self improvement.
Chip
I think they will. I'm like something. I just think that you're not, you don't have the people aren't going to be doing what they're doing today. It's going to shift, it's going to transfer. Right. And the thing about it is, is like when you go like, well if you know, what do you do all day? Like these job, the jobs that people do, garbage collection, things that make a city work, things that make an infrastructure work, things that make a company work. What are they really for? Companies are out to make money so people can work and then so those people can work. You know, you have to have a product to sell because you have a product to sell. You need innovation and you have a SaaS based product, you have a accounting product, whatever it might be. But it's all to perpetuate, you know, the slave culture so you can get out there and get a job and be a good person and, and die, you know, be a slave to the money until you die. According to Richard Ashcroft, that's what happens. You're slave to the money, then you die. And that's how it works. You're like, yay, everything's great. So we're just gonna have to come up with something a little bit, something a little bit different here. I wanted to play a little bit of this. Everyone's talking about. This is a big thing, people. I don't think people understand the magnitude when you compare what got dropped on Friday and today. The press conference that Tulsi Gabbard held today was this. Yeah, I mean, what was, what was Watergate? Watergate was a break in, but what it really was was a cover up. That's what it was. Let's cover up the break in. Something simple. And you had, it was nonpartisan because you had Democrats and Republicans come together, even though it was a Republican that was under hot water. It's a tough thing. They got through it. This, this is the largest scandal this country and maybe other countries have ever seen. You've inferred that the former president helped lead a coup. Based on what you now see. Do you believe President Obama is guilty of treason? I'm leaving the criminal charges to the Department of Justice. I am not an attorney, but as I have said previously, when you look at the intent behind creating a fake manufactured intelligence document that directly contradicts multiple assessments that were created by the intelligence community. The expressed intent and what followed after word can only be described as a years long coup and a treasonous conspiracy against the American people, our republic, and an attempt to undermine President Trump's administration. There you go. You know, it's some, it was funny, I watched some of that press conference today. At some point they were like, let's talk about the Japan deal. I think they're retired of asking too many questions because they haven't reported on it at all. There was almost, there's almost zero reporting on this. And there's like so much winning because Trump said there will be so much winning. You'll get tired of winning. I'm not tired of it, but I'm excited. There's so much winning. Look at this right here. I know Rob McDermott was bringing this up inside the chat, but biggest day of trade of all time. So you've got the Japan open market to the US pay reciprocal tariffs at 15. You have Indonesia, they're going to eliminate 99 of tariff barriers for U. S products, opening another market. And then the Philippines open the market with US and zero tariffs. Wow, this is like a monumental Stuff the Japan one is, is pretty, pretty interesting too. The White House posted us longer one here. This historic trade agreement with Japan. Here we go. Reflects Japan's relationship. The agreement reaffirms the shared commitment to both nations and economic prosperity. Industrial leadership Japan alliance is not only a cornerstone of peace in the Indo Pacific Pacific, but also driver of growth. So over $550 billion, a new Japanese slash USA investment vehicle and an enhanced access for American exports. This agreement marks a new chapter in bilateral cooperation, one that will unleash the full potential. U. S Economy like this is huge. $550 billion. That's insane. Restoring America's industrial power. Japan will invest 550 billion directed by the US for core industries. Single largest foreign investment commitment ever secured by any country. Will generate hundreds of thousands of U. S jobs, expand domestic manufacturing and will secure prosperity for generations. At Trump's direction, these funds will be targeted towards the revitalization of America's strategic industrial base and that includes energy infrastructure and production. Includes lng, advanced future fuels, grid modernization, semiconductor manufacturing research. I'm not going to read them all. There's a lot of stuff going on here. Pharmaceutical, medical, commercial, defense spending. The United States gets to retain 90% of the profits from this investment. Another big win. Ensuring that American workers, taxpayers and communities reap overwhelming share of the benefit. Capital surge combined with trillions already secured under Trump's leadership will be a key component. It's funny, people always say Trump doesn't do anything. I'm like, he's brought over $7 billion, six months, $7 billion. I'm like, how, how, how's your leader doing? Been around for three, four years. They bring any. No one's, no one's dying to get into some of these countries to do business. They just don't care. They're all wanting from here, so it's amazing. Agriculture, food, energy, manufacturing, aerospace, automobiles. This is a generational shift in U.S. japan relations. This is so big and it's really not getting any play. Thanks for bringing that up. Rob saw it. Rob said he saw the CNN video. It's so obvious. So damn obvious. Yeah, yeah. British Columbia is first and then Manitoba will give access to both. Coat. That's right. That's right. Canadian provinces. The fact in the US Is absolutely hilarious. I think it does that well. They can succeed though. They want to go it alone. They probably want a line. It could be a. It could be a territory, right? They could. It could be a territory of the U.S. i mean, Puerto Rico uses the U.S. money. They have a lot of all the benefits of, you know, that come to you, they're not citizens of the United States, but they, you know, they get a lot of protections, they get a lot of tax benefits. So there's a lot there. I think they might become territories, not necessarily state states, but who would they rather align with? United States. It's on a rocket heading up. Or the, or the Canadians, which is tunneling underground at this moment as we speak. So I think it's a pretty obvious choice there on what that's going to look like. And actually, Jesse Waters got a piece on this I thought was pretty good. We probably could play this on the. About his dealer.
Jeff
Another bad day to be a panicking. Trump scored a hat trick. He crossed three countries off his tariff hit list. You ready? First it was the Philippines and Indonesia. The magic number, 19% for both countries. And then the big one, the Japanese, 550 billion invested here and thousands of jobs created, and they'll be paying a 15% rate. Turns out Toyota tariffs work. I just signed the largest trade deal in history, I think maybe the largest deal in history with Japan, and that was done with Japan. They had their top people here, and we worked on it long and hard, and it's a great deal for everybody. I always say it has to be great for everybody. It's a great deal. A lot different from the deals in the past, I can tell you that. But we're doing really well as a country. We're strong. We have a lot of money flowing in.
Chip
Yeah, a lot of money flowing in that's not flowing into the Fed and anywhere having to do with the Fed.
Jeff
It's really amazing, though. You think about the way these tariffs and how the countries and how people are responding and reacting. But I can, I can tell you, cost of, cost of goods are, are going up and maybe that'll just be in the short term. Although my camera just go out.
Chip
Yeah, Jeff.
Jeff
And I was doing so well and then my camera went out and I have to remove myself to come back in.
Chip
All right. If you want to do. If you must, if you must. So getting back to Tulsi Gabbard, it's really not getting a lot of play, which I'm, I'm not necessarily surprised about. But when even the, even when the, the, the, the release happened on Friday, it's not even being covered. It's not even mentioned, like, oh, they dropped a bunch of stuff, nothing. But today at the press conference, they had to ask the questions. There had to be some questions asked right there. So. And it was. I felt at some point they got off those questions pretty quick. It was almost as if they didn't want to go too far or too deep into it. I felt like maybe, maybe they were just trying to slow it up a bit. And then I started talking about the good news. But they don't even want a lot of questions around that. Historical deal, historic deals. You've got this $550 billion. I think the total is coming up to six, six and a half trillion. It's just a lot of money investment in the US in a very short period of time. Geez, Jeff, what did you do? You went out? I think he closed his computer down. I don't know what he did. He was going to do something. I wanted to play something, but I really want him to be here for this. So he is. I don't know where he is. So we'll play something else. I'm going to go to another. We're going to do an audible here and we'll go to this. This is actress Holly valance and in 14 seconds she destroys the left. 14 seconds. This is so succinct. And says it all. Here we go. I would say that everyone starts off as you missed it. She's being asked, where are you politically? Which is an awkward question to ask an actress probably at some, who knows, maybe some premiere. But she. That's it. Kind of. It's hard to hear in the beginning. She's asked where are you stand politically? Where are you politically? I would say that everyone starts off as a leftist and then wakes up at some point after you start either making money, working, trying to run a business, trying to buy a home, and then realize what crap ideas they all are. And then you go to the right. In other words, if you try to do anything in life, you start realizing that, yeah, it's a bunch of fantasy garbage BS and you're not really going to do too much. It's kind of how it seems, but I just love it. It's beautiful. 14 seconds. And she's smiling because probably the guy who's interviewing the fact that she's an actress was probably expecting a different answer, right? He wasn't necessarily expecting her to say, well, yeah, everyone starts off the lefty. And then you realize that, yeah, if you're trying to buy a house, you're trying to start a company, you're trying to get a job, you're trying to pay bills, yeah, you realize they're all garbage ideas because when you live in your parents basement and you have Blue hair and nose rings. That stuff's real easy. But when you have to go out there in the real world, it's a little bit more difficult. It doesn't necessarily always play that way, so it's always a fun thing. So one of the best memes I've seen in a long time, this here, I'm gonna put on my phone because it says, this says the guy's reading a book that says how to make money. He opens it up and it says, work. And then you got crying his eyes out. But I saw that me chuckle is a good one. Jeff. Where. Where the hell is Jeff, man? I don't even know. I don't know where Jeff went. He's gone. He's out. I think he probably had to restart his computer. Who knows? Here he comes. He's coming back in right now. Right now. He's coming back in.
Jeff
Get back in.
Chip
Jeff, you just missed it. I played 14 seconds of how to Destroy the Left. You missed it.
Jeff
Oh, nice. I missed it.
Chip
14 seconds. I'm gonna play it. I'll play it again for you. Here it is. Ready? There we go. How are you physically? I would very politically. He said, say that everyone starts off as a lefty and then wakes up at some point after you start either making money, working, trying to run a business, trying to buy a home, and then realize what crap ideas they all are. And then you go to the right. There you go. This feels weird to be on the side. There we go. Gotta get it right. So I was thinking, like, what is Obama thinking about all this stuff, Jeff? Well, the funny thing is, a lot of times, like in this one video, he refers to Michelle as Michael. And why is that? Because he often did that. He slipped a few times as president. So here we go. Michael and I also want to acknowledge Michael and I.
Jeff
That's funny.
Chip
Michael and I. So here's another video. Your camera's glitching all over the place, Jeff. Jesus, man, he's missing these. These videos are great. Anyway. Yep, yep. There you go. There you have it. There you have it all night. So here we go. I can't believe Jeff's not here. What the hell is going on, Jeff? Where in the hell is Jeff? I just don't know what happened to him. All right, I'm gonna see if I can find him. There's another video. I thought I downloaded it, but maybe.
Jeff
There we go.
Chip
There we go.
Jeff
I don't know what's going on. It's weird.
Chip
Don't worry about it, Jeff. You don't need it. We just need to hear your voice.
Jeff
There we go. And you can.
Chip
Here's another one. Here's what happened. This is this. This is upcoming. Here we go.
Jeff
I'm fine.
Chip
Put me down, Hillary, put me down. What it is. The doorbell rings for people listening. Doorbell rings. Obama's looking on the keyhole. They're outstanding outside service with Trump and Tulsi Gabard. He says, oh. He runs to the window, crashes out of it. And then Hillary picks him up and runs with them. Oh.
Jeff
It'S brilliant.
Chip
It's a hard fall, man.
Jeff
Fine.
Chip
Put me down, Hillary, put me down. Holy cow.
Jeff
Oh, my God. That's great.
Chip
Somebody else put this one up, too. Here, look at this. How far are we from Keny? Just keep paddling.
Jeff
I'm coming for you, Barry. Even Big Mike can't save you, Michael.
Chip
Hurry up and paddle on your own.
Jeff
Oh, my God. How do people come up with this stuff? That's insane. You see Mel G's here. My God, we haven't seen Mo G forever.
Chip
We haven't seen Mel G in maybe three years. Maybe it's been four. Who knows?
Jeff
That's right.
Chip
Four or five years.
Jeff
Little Prankster wants to know which coins you're buying in the next bear market. And Rob says, flair. And Songbird saying, the ship, you know.
Chip
You buy Songbird anymore. I don't think you can buy Songbird anymore. Can you?
Jeff
Oh, no, it's still around. It still has value.
Chip
I don't think so. I don't think. I don't think he had purchased it.
Jeff
Yeah. I don't know. What do you do with it?
Chip
I don't know. That's a good point. I don't know what you do with it.
Jeff
Still allocating.
Chip
I have no idea.
Jeff
Is it in the trust wallet or the Bifrost?
Chip
No idea what you do with it.
Jeff
Which wallet was it in? I was in Bifrost.
Chip
Yeah. B. Frost. Yeah.
Jeff
Yes.
Chip
B. Frost. Beef roll.
Jeff
It was. Rob says you can buy it on Uphold.
Chip
Oh, can you? You can buy Songbird.
Jeff
I don't know what I did with my Songbird. Oh, I must put it on. I put it on Uphold. That's what happened to it. I moved it all to Uphold because it's gone.
Chip
Okay. That what you did with it?
Jeff
I think so. Well, why would I do that when I would keep it on Bifrost? Is wrapped. Add wrapped flare. But then you could wrap the Songbird, too.
Chip
I don't know, man.
Jeff
So I don't know what happened to my Songbird. Tell you the truth. What happened? I got my flare loaded up on the flare. No clue.
Chip
Yeah. I don't know.
Jeff
There you go.
Chip
I had another. Where's this other one? Gosh, it drives me crazy. How come I don't have.
Jeff
It was a canary network for flair. You know what time it is? It's about that time.
Chip
There it is. So listen, remember in the Trump's first administration, he. He gave an address to the un. He talked about Germany and all the reliance on power to. And they were laughing. They were like, they're all laughing in on the German delegation. There's a little recap.
Jeff
Trump did it again in September when he went to the UN and said something about Germany that was so detached from reality, even the German delegation couldn't help but laugh at him. Germany will become totally dependent on Russian energy if it does not immediately change course. Here in the Western Hemisphere, we are committed to maintaining our independence from the encroachment of expansionist foreign powers.
Chip
The EU gets nearly a quarter of its energy from gas, and nearly half of it comes from Russia, the world's largest gas exporter. Since the invasion of Ukraine began, Germany has paid Russia about 1,220 million euros.
Jeff
A day for gas.
Chip
Yep. He was right again.
Jeff
Unreal.
Chip
He was right again, Jeff. Yet again.
Jeff
Real.
Chip
Is it time for that? Yeti?
Jeff
Yeti again, J. Yeti again. Here we go. Let's roll it. A badass Yeti from the white tribe of the clan. Little prowlers, the fierce and the wisest. He could be yours today.
Chip
Come on. That's right.
Jeff
Shout it with me.
Chip
Yes.
Jeff
Get it market. Stop it and stand our ground. Get your salmon wallet ready. We're not around. This ain't no rug pull. This is your legacy. This is your just rewards claim you nobody's getting.
Chip
Shout it with me. Me.
Jeff
That's how we do it.
Chip
That's how we do it. That's how we do it. Chef. Look at Mel G was saying this. She's wearing her XR Magic.
Jeff
There we go.
Chip
Because check this out. There it is right there. You two can own. Can't be 100, sure. But I think it's magic.
Jeff
And you know where you can get that? Where can you get that?
Chip
On the chain dot shop. And what I'm going to do is.
Jeff
I'm at the chain dot shop.
Chip
I'm going to put it on there right now, guys. And there you go. And in the back, it says on the chain on the front. So this is a men's shirt, but they also have. We also have women's shirts. It's got all kinds of stuff.
Jeff
Even those bags get an on that. Go get XRP. Not 100, sure, but I think it's magic. Get one of those support on the chain. Like Mel G's had that for a while. Remember when the Ripple team got them? They got the Ripple Strikes back shirts. Yeah. They ordered a whole bunch of them.
Chip
We know because one of them actually posted online. That's how we know that they were thing. But right now, if you type in XRP 589 at checkout, you get 20 off.
Jeff
What? For real?
Chip
For real. You got. They even have a top show up at the beach with this badass towel on the chain. Xrp. I can't be sure it's. Come on.
Jeff
I like that towel banner.
Chip
There you go.
Jeff
One of those.
Chip
It's fantastic. Return of the XRP instead of like Return of the Jedi. There you go.
Jeff
Momenta's got his yeti in gonna be some challenges.
Chip
This is also a real problem. See there's a woman's shirt right there. They're cut differently, man.
Jeff
It's nice. It's pink.
Chip
Can't wear like men's shirt. They're too big and boxy. And there it is. Sec wars the Ripple wear women's shirts. I'm not wearing hoodies. All of it, man.
Jeff
Very cool. Rob. Rob wants to know who he's sending the Yeti too. He said get your wallet.
Chip
Oh, Rob. They're not here.
Jeff
Rob's got like 50 yetis. I don't know how many yetis you got.
Chip
More. He's got a whole freaking army dude though.
Jeff
She's never doubt it. There you go. That was a long.
Chip
That was a long time ago, Mel. That was a long time ago.
Jeff
That was at least six months ago.
Chip
No, it's long. You even have beanies, man. I mean, I know it's out of season, but look at that.
Jeff
Over a hundred years. At least 100 years.
Chip
Your XRP beanie nice and clean. Not a lot of stuff going on. There's an on the chain one you can get.
Jeff
Oh, you got on. Rob said he's got over 100 yetis.
Chip
100. Yeah, he's got an army dude 100. So there it is. Right? There you have it. And of course, I don't know. Mel G. Did you know about our. Did you know about the coffee? I don't know if you were around for the coffee. Badass Yeti coffee.
Jeff
It's badass indeed. That's right.
Chip
Nope. It's effing great.
Jeff
Monthly without burning your Wallet.
Chip
No fluff, no fads. Just great coffee. Handpicked small batch roasted.
Jeff
Yeti approved.
Chip
Po to join the rebellion. Drink like a legend. Badass Yeater's coffee don't come. The percolation never stops. There you go. Never stops. Yes, it's a little bit more expensive, but it is roast to order. Order comes in. Beans get roasted, they go out. You've never had beans. This guy good. And if anyone in the chat, you guys know who you are, go ahead and let everybody else know how damn good it is, especially this obsidian bowl. My God, is this got some serious flavor.
Jeff
Wow. Rob. Rob's got the yetis to protect his castle, to protect the property. It'll be kick ass, man. Remember Matt mate put them on. When we got to Australia, he put them on T shirts, which is really cool. Took his yeti and put on a T shirt. That was very, very cool. We got to do the. We got to do the. The draw.
Chip
Let's do the draw, man. Ready, guys? You have one more second before I click that draw button. 18. 18. 1 in 18 chance. Here we go, guys. Let's go.
Jeff
Hey, put it up on the screen.
Chip
Oh, shoot.
Jeff
Chad Nauseam.
Chip
Chad. Big winner. A little prowler. Yeah, yeah, yeah. Chad's got a squad himself. Well, you can add to that squad there, Chad, because you are the winter. Winter winner. Winner, chicken dinner. Rob, get the. Hope you have your phone in hand. Getting ready to transfer yeti.
Jeff
Here we go. Let me.
Chip
Rob's like, I'm here. I'm here. I'm here again. That was the second time that happened. Mike, where it post your name and then boom. Thanks for noticing. It wasn't on the screen, or I would have had to re pick it and not say anything.
Jeff
Wouldn't be able to say anything. Would definitely be rug chain badass yet. Ties, rug pole.
Chip
Rug pull. So close again. Yeah, so close, dude. So freaking close.
Jeff
We doing the giveaways.
Chip
Rob just said he sent it. There's no address yet, Dude.
Jeff
Who won? There is an address. I'm not who won.
Chip
Chad.
Jeff
I know. All right. What was the number?
Chip
Check your app rigged.
Jeff
Second I forgot I logged out of everything.
Chip
Cloud fair. It doesn't take that long to verify. On the chain badass yet.
Jeff
We haven't given one of these guys away in a while.
Chip
On the chain badass yet.
Jeff
Oh, now I gotta log into YouTube.
Chip
Chain badass. Y.
Jeff
Do we have Chad's X?
Chip
I believe we do.
Jeff
Handle.
Chip
You can post it. I can find him real quick.
Jeff
Chad, I need your ex.
Chip
I will Tell you in a second here.
Jeff
Chad is going to give us his X handle.
Chip
There it is. I got it right here.
Jeff
Sweet. And we can now auto dub our channel into any language possible with any language you want to hear. We can be in.
Chip
Does it dub the voice or just. Does the. Just. Those are subtitles.
Jeff
It says dubbing, which is that dubbed? I have to try it out. Auto dubbing is now enabled on your channel. The audio on new videos will be automatically translated into other languages to make your content more accessible.
Chip
They're going to read. They're going to do. That's interesting.
Jeff
We're going to now be in whatever language people are watching. We might even be in English.
Chip
Is. Is that your handle there, Chad? Okay, good. So I'll double check. Yeah, he posted right there. Got it.
Jeff
I gotta put it here.
Chip
Check it first. Jeff, wait.
Jeff
I still need to get his thing to propeller or not to be propelled.
Chip
What do you mean propeller?
Jeff
I don't know.
Chip
What are you saying?
Jeff
No clue.
Chip
I don't know what that means.
Jeff
Me neither.
Chip
Let the red eye begin.
Jeff
Here we go. Going to transfer this bad boy over to you even though you can't see me doing it, but about to log in to the Zamen and I'm going to transfer this bad boy over to you right now. There he goes.
Chip
I'll play Tom Holt.
Jeff
So do that while we're drinking whiskey.
Chip
This is transfer this over. Tom Holman talking about what? Hunter Biden. I guess somebody had him on camera and he's dropping F bomb.
Jeff
That is now yours.
Chip
Here we go.
Jeff
Now belongs to Chad.
Chip
Tom Holman talking about Hunter Biden, drug addict. Thanks. I just think he said I don't care what drug addict thinks is great.
Jeff
That's.
Chip
Come on. What's going on? The most secure board. I don't really care what the former first drug addict thinks. I just thank God every morning I wake up. We got President Trump in the Oval Office. And because of President Trump, in seven weeks we create. We got the most secure board in this nation's history. And now we're arresting public safety threats and national security threats every day across this country. We've already arrested three times the number of criminals that Biden did during the same time frame. And President Trump has committed two weeks ago to prioritize sanctuary cities because of what you just said in California, Illinois and New York. I said it during a press conference the other day. We're going to flood the zone. We're going to send hundreds of additional ICE agents to these cities. If they don't want to help us and get the bad guy in the county jail, then we're going to flood the neighborhoods until we find. Find that guy ain't playing. Tom Holman ain't playing. He's for sure for for real. Re real. So anyway, there you go. There we go, everybody. That's what we have. That's what we have to do. Risky what I Whiskey, Red eye, Yeti is the next song. Okay. There you go. It sounds very good. I don't know if Hunter was a deep fake. It went on for a long time. It could have been. It was a really long interview, but who knows? The funny thing is you couldn't tell it because it was not. There was nothing to give it away, you know? Turn it here. All right. Thank you, man. Appreciate, Appreciate. You got it. That's all the time we have tonight, guys. We will be back on Monday.
Jeff
Monday.
Chip
If you were listening, Jeff, I want to see if you're listening paid attention. We're back on Saturday. Of course, I was able to see if you're gonna let that fly or not.
Jeff
Gonna be back here Monday.
Chip
Tuesday. No, back here on Saturday morning at 8:00am Monday. Yeah, Jeff, you do the times. I screw them up.
Jeff
When are we going to be here? We'll be here Saturday morning, 8:00am Eastern Standard Time, then back again Sunday evening, 8:00pm Eastern Standard Time. And obviously tonight's still Wednesday and Wednesdays, 8pm Eastern Standard Time. It's Wednesday evening here. But if you're in Australia, it's probably like 10:30am on Thursday. So you're already in the future. You already know where the stock market's heading and you're doing pretty good.
Chip
And I want to let everybody know I'm gonna. I'm gonna post this too. But here's your time based on where you are in the world. Obviously, if you're In Sydney, it's 11, so you can do the time from there based on where you're located. New Zealand is 1pm so there you have it. This is all the times and I will go ahead. I'm going to copy this link. I'll throw it into the chat, guys. So you guys can do that. You can see the times can also re appreciate a repost. But I will see you there tomorrow night at 9pm Jenna and I will be co hosting and we'll have Fabio, Marzella and Santiago is the very first space. We'll be doing this on a monthly basis but really excited for you guys to tune in. Come in, listen, find out more about the Zadao that's all we have. And on that note, Jeff, what are we gonna do? Are we getting out of here now? We're out of here, right?
Jeff
Yeah, I think we might, might get out of here.
Chip
Or we just gotta skedaddle. Remember that word skedaddle? You don't even hear skedaddle. You remember, right? Skedaddle.
Jeff
Skedaddle. Let's see, when was that from? How long ago?
Chip
Who knows, man? I don't even. I don't know what it's from, but it's like something you said.
Jeff
Yeah.
Chip
Time to skedaddle, people. Skedaddle. What a great word is that? You can spell that word. Skedaddle.
Jeff
Skedaddle.
Chip
How is it spelled, Jeff? Is it a real word? I don't even know if it's just a real world. It is, Jeff. Look at this, man.
Jeff
Mel G's already. Look at that. Great seeing you guys. Glad I was able to catch you for the last.
Chip
Yeah, we're great. Oh, look at this.
Jeff
It was good cartoons.
Chip
Ski Daddle is an informal verb meaning to leave her, depart quickly, often hurried or a hasty manner. Can also be used as a noun refer to a hasty flight or departure. The term gained popularity during the American Civil War. Jeff.
Jeff
There we go.
Chip
Often used in a playful or light hearted way to describe a quick exit. Time to skedaddle.
Jeff
Skedaddle.
Chip
I'll be late for my point. The kids skedaddled when they saw the police car. We sked a lot of that party before the embarrassing sideshow started.
Jeff
We're about to skedaddle before we run too long.
Chip
It's already too late, Jeff.
Jeff
Already too late. That's why shows is the bee's knees. Where did that come from? Look that one up. Since we're sidetracked anyways.
Chip
Yeah, bees knees. Let's see what that. What does that say? Yeah, it says it's a. A classic cocktail from the prohibition era made with gin, fresh lemon juice and honey. The bee's knees was popular slang in the 1920s and it meant the best are excellent.
Jeff
Ah, see, because.
Chip
And it was funny because a lot of older people I remember when I was younger would say the bee's knees. That was like awesome. That was their version of awesome. That's right, the bee's knees. You're like, I don't know, that sounds like a really old grandpa term.
Jeff
And let's see what was in it.
Chip
2 ounces of gin, 3/4 ounce of fresh lemon juice, a half of ounce of honey syrup combined. What you do is you combine equal parts honey and Hot water to allow it to cool. A lemon twist for a garnish. There you go.
Jeff
Wow. I bet that's pretty good sounds.
Chip
I'm starting to get a hankering for one. Hankering. There's another one. We're getting a hankering. Anchoring. Let's see what that is. To have or do something. There you go. So guys, in addition to doing. There's no history. Let's see. In addition to doing political geopolitical stuff.
Jeff
Not doing words.
Chip
We're also doing vocabulary.
Jeff
Well what's the history of. Of anchoring.
Chip
I know what the history is. Let me see. Hankering history. See what it says. Okay.
Jeff
Hankering to skedaddle to get the bees knees.
Chip
Gotta get to the bar. There you go. The bee's knees. See these knees? See? So here it is. The exact origin unclear, thought to have been related to the middle Dutch word hangjin which means to hang. Possibly suggests in lingering or hanging around something with desire. According to vocabulary.com. another possibility links it to the Dutch word unkeren which means too long for often using the context of food like having a hankering for pizza. Is that where Henry came from? That was hungry and angry.
Jeff
Angry.
Chip
So angry.
Jeff
I've got a hankering for some Dutch pizza.
Chip
Yeah, there you go. Better than a Dutch oven. Jeff. Just saying.
Jeff
Oh wait. No, we don't have to wait for next week. Why would we. We. We can can actually just rol.
Chip
One more time. Jeff. It goes by. Look at the look on my face.
Jeff
Look at your hair.
Chip
My hair looks. I've had super short hair. I've had long hair. That puffy hair. I got long hair. I mean it's like. It's crazy. Jeff.
Jeff
Man, I can't believe it. We should somehow compile all of our. My hairstyle.
Chip
Which of these things is different?
Jeff
Chad. That's it. Chad said see if you can find a bar with honey syrup.
Chip
Excuse me, can you make me a bee's knees please? Any honey syrup back there?
Jeff
Oh, that's so funny.
Chip
Funny any. I'm saying bees been around that long.
Jeff
That's how long these.
Chip
Yeah. Well, here you are. These are all these. Well we'll have to put that on the merch. Have a hankering for a be the whole thing. We'll put strum those together.
Jeff
The man of bond in the bald of thought.
Chip
There you go. Sometimes I was gonna wear it down today. It was too. My wife always goes like please don't do that. You look homeless, dude. Like long there hanging down. I'm like ah. I just have to cut it.
Jeff
Is it risky getting the beat? Definitely risky. It's definitely risky.
Chip
Risky. Is it risky? Is it risky? Is it risky? Yeah, it's risky.
Jeff
Only if you're drinking, man.
Chip
Margaritas. Margaritas. Margaritas.
Jeff
Egg whites. There's egg whites in the bee's knees?
Chip
I think so. I didn't see the.
Jeff
Oh, my goodness.
Chip
No, there's no. There's no egg whites in there. We're thinking of whiskey sours. That's what we're thinking about.
Jeff
Wait, egg whites has. Whiskey sours have egg whites, don't they?
Chip
No. What is. No, not the whiskey sours. What does it have? Whiskey. Yeah. What?
Jeff
Popular Jasmine knows what he's talking about. See that?
Chip
Yes.
Jeff
My handsomeness broke the camera today.
Chip
Oh my God, look at that.
Jeff
I think it's because I hit the. Hit my damn USB thing for the froth. Oh, egg whites for the froth.
Chip
Yeah, that's what it was. The froth.
Jeff
Whiskey sour and a gin fizz.
Chip
I was thinking of the Pisco Sour. Pisco's great. I drink Pizza street, by the way. Jeff.
Jeff
87 minutes later and we're still talking about this.
Chip
Why are you keeping track?
Jeff
He's still hanging out.
Chip
Why are you even keeping track? I mean, I mean, it seems like.
Jeff
It'S weird you're keeping track now. You know, it's cool because if you take egg whites and you mix it with sugar and you. And you blend it, then you get mering.
Chip
That's right. Remember this one?
Jeff
Gary. Gary. Mother. Oh my God. No. Gary. No. There's no more Gary.
Chip
Gary.
Jeff
Gary. Go.
Chip
All that hype for nothing. All that hype for nothing, Jeff.
Jeff
That's right.
Chip
What an absolute. What an absolute waste.
Jeff
How do we come?
Chip
The usual, sir? Please, please, please. Yeah, the usual, sir. The usual. Yeah.
Jeff
Rob, this is the time you get the rapid fire info. That's right. We're gonna switch from topic to topic. Let's see if we can every 10 seconds go to a different topic.
Chip
It's time to.
Jeff
How about Syria, Chip?
Chip
I'm not getting into it, Jeff. I gotta go. We gotta get out of here. I mean, at this time.
Jeff
Jeff, time to go. We're gonna be back here 8:00am Eastern Standard Time. And that's all we got.
Chip
That's all we got. So you guys, are you down with otc? Please, like subscribe and click the bell to be notified when the next video drops.
Podcast Summary: "Ripple Ranks #1 | GENIUS Act Sparks Stablecoin Surge | Trump’s AI Bet Boosts XRP"
Podcast Information:
In this episode of On The Chain, hosts Jeff and Chip delve into the latest developments in the blockchain and cryptocurrency landscape, with a particular emphasis on Ripple's advancements, the surge in stablecoin adoption prompted by the GENIUS Act, and the implications of President Trump's AI initiatives on the crypto market and U.S. technological dominance.
[05:27] Chip announces that Ripple's stablecoin, RLUSD (Ripple USD), has been rated as the most trusted stablecoin by Blue Chip, an independent stablecoin rating agency. The rating reflects RLUSD's strong foundation based on several key factors:
Chip: “Blue Chip is beginning coverage by RLUSD, the Ripple USD, which is Ripple stablecoin with an initial rating of A that reflects our view that Ripple USD is one of the safest stablecoins available.”
Jeff: “It is a good thing to get some… we're starting to see some definite progress right there.”
RLUSD is backed by a diverse portfolio including U.S. Treasury bills, government money market funds, and bank deposits, which collectively offer low credit and duration risks. Additionally, RLUSD operates under the stringent regulations of the New York Department of Financial Services (NYDFS), ensuring adherence to high standards of security and compliance.
[11:00] The discussion shifts to Ripple's expansion in global markets, highlighting the launch of VERT, a blockchain-based platform for structured credit in Brazil.
Chip: “VERT has launched the blockchain-based platform for structured credit, now live with BRL 700M and USD 130 million issuance on the XRP Ledger EVM side chain.”
This significant tokenization initiative focuses on financing Brazil's agribusiness sector, which contributes over 20% to the nation's GDP. The use of blockchain technology ensures on-chain transparency and efficiency, positioning Brazil as a leader in cryptocurrency-driven financial innovation.
Jeff: “That's exciting, exciting to see progress someplace.”
Brazil's proactive approach in adopting XRPL (XRP Ledger) technology underscores its commitment to leveraging blockchain for economic growth and financial inclusion.
[08:01] Jeff brings attention to the increasing number of scams related to XRP, particularly on platforms like YouTube. Ripple has issued Public Service Announcements (PSAs) to educate the community on recognizing and avoiding these fraudulent schemes.
Jeff: “We're starting to see a rise of all the different crypto scams once again. They're always there, you know.”
Chip: “Look at this scam… Dear followers, Ripple's now listed on all top exchanges…”
These scams often impersonate official Ripple accounts, offering unrealistic giveaways such as distributing millions of XRP to unsuspecting users. Despite Ripple's efforts to report these scams, they persist longer than desired on social media platforms.
Chip: “You got to call so and so on. I'm like, they're just in succession. Like nobody can post that fast.”
Jeff: “If Ripple reports this, it should be taken down quickly. But it doesn't.”
The hosts emphasize the importance of vigilance, advising listeners to verify official Ripple communications and avoid engaging with suspicious offers.
[12:26] The conversation transitions to the impact of the GENIUS Act (Governance and Regulation Innovation through a New Stablecoin), which is catalyzing a surge in stablecoin adoption within the United States.
Chip: “With the signing of the GENIUS Act, we're seeing other consumer companies, retailers, platforms, and tech firms explore whether they need their own stablecoin.”
Jeff: “This is supporting regulatory clarity and helping Ripple's RLUSD gain trust in the market.”
The GENIUS Act provides a regulatory framework that facilitates the creation and integration of stablecoins into existing financial systems, promoting stability, compliance, and mainstream acceptance. However, the hosts caution against branded stablecoins that operate within isolated ecosystems, highlighting the need for interoperability and liquidity to ensure widespread utility.
Chip: “Most of these models are built for limited single ecosystem use… we need less of this fragmentation in global finance, not more.”
Jeff concurs, predicting that the move towards regulated stablecoins like RLUSD will simplify the conversation around digital assets, making them more accessible and understandable to mainstream audiences.
Jeff: “It's being simplified to where people can understand exactly what this all means.”
[37:16] The episode then explores President Trump's ambitious AI initiatives, recently endorsed by Nvidia’s CEO. This "AI Moonshot" aims to revolutionize computing and solidify the United States' position as a technological powerhouse.
Trump’s AI Vision:
Nvidia CEO (Trump’s AI Moonshot): “This transformation has resulted in a revolutionary technology… it’s going to fundamentally change the United States' position in the years to come.”
Chip: “Nvidia is the number one company in the world right now. This race is to be number one in crypto and AI… it’s phenomenal.”
The hosts discuss the synergy between AI and crypto, anticipating innovative solutions and potential arbitrage opportunities. They also touch upon the broader societal impacts of AI advancements, including job displacement and the debate over Universal Basic Income (UBI).
Jeff: “AI is going to come for big pharma… secure startups will revolutionize industries.”
Chip: “AI coupled with robots… a lot of jobs are going to get displaced.”
Despite the optimistic outlook, the hosts acknowledge the complexities and challenges posed by AI integration into various sectors.
Bringing together the discussed topics, Jeff and Chip emphasize the interconnectedness of XRP regulation, tokenization efforts, and the United States' pursuit of technological supremacy through AI.
Jeff: “We're connecting the dots between XRP regulation, tokenization, and tech dominance right here in the US in this fast-shifting world.”
The episode underscores how regulatory measures like the GENIUS Act and technological initiatives underpinned by AI advancements are shaping the future of digital assets. Ripple’s strategic positioning with RLUSD and global tokenization projects like VERT exemplify the potential for blockchain technology to drive financial innovation and inclusion.
Chip: “Ripple is doing just that. What do you think of that, Jeff?”
Jeff: “We're finally getting to a point where AI and regulated stablecoins are simplifying and advancing the digital asset landscape for both consumers and enterprises.”
The episode wraps up with announcements about upcoming events, including a hosted Space on Zao Dao featuring project founders, and interactive giveaways for listeners. Despite technical glitches and lighthearted banter, the core discussions provide a comprehensive overview of current trends and future prospects in the blockchain and cryptocurrency sectors.
Final Takeaways:
Listeners are encouraged to stay informed, engage with the community, and participate in upcoming events to further explore these dynamic developments.
Notable Quotes:
Chip at [05:27]: “Blue Chip is beginning coverage by RLUSD, the Ripple USD, which is Ripple stablecoin with an initial rating of A that reflects our view that Ripple USD is one of the safest stablecoins available.”
Jeff at [12:31]: “Stable coins can unlock USD access speed, inclusion where legacy systems will fall short and that's where the need is most urgent and where the opportunity is greatest.”
Nvidia CEO at [37:16]: “This transformation has resulted in a revolutionary technology… it’s going to fundamentally change the United States' position in the years to come.”
Connect with On The Chain:
Stay tuned for more insightful discussions and updates on the ever-evolving world of blockchain and cryptocurrency.