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Welcome to on the Chain. This is Jeff here with co host Chip, on time as usual. But you know why? Because there is a massive conversation that we have to have. Ripple unleashing $1 billion on the XRPO. You heard it here, $1 billion. While Russia is expanding Hillary's noble bombshell. What are we talking about? Well, you're gonna have to tune in to find out because Ripple is driving tokenization for real world adoption. Someplace in the world it might be, your country might be right next door. So we got a lot to figure out and find out. And there's some things going on over there across the world. In Russia, Trump meeting with President Putin, Hillary Clinton. What's going on with Hillary Clinton? What is going on with Europe? Is Europe making a massive turnaround? And as always, we got to get into some xrp, maybe some bitcoin, maybe some flare, maybe some of those other digital assets you love. Because we know how everybody out there loves Ethereum and is heavily invested in following the Ethereum track. So we're going to get into that too. If you guys are ready to kick this thing off, Chip, if you're ready to dive in head first for maximum impact, let's go.
B
You ready? Let's do it. Welcome to on the Chain. Diving headfirst into the shallow end for the maximum impact job. You got to say the shallow end so you understand. Good morning, gentle dudes. I love that. What's up, gentle dudes, everybody? Guys, drop where you're coming in from. Sorry, we had a little bit of problem. Some little things just, you know, that will hold you back. Between Jeff and I, usually it's pretty flawless. Okay. Sometimes we're not on time, but today was a one of those, one of those days where everything goes haywire. So we're back on track today. We've got a lot to unpack here and geez, Jeff, how is, how's your jet lag coming from coming back from South Korea?
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It's kicking in. It's this whole week. I think I've slept like three hours a night. But you know what, you know what's good about it other than this morning? You know, I've been waking up at like 4, 4:30 straight to working out, you know, and so that has been good. You know, I want to get those early days. I like getting up by five. I think five o' clock is typically a good time to wake up. Four o', clock, not so much. I don't like the four o', clocks. But now that I've been waking up at 4 o'. Clock. By 8 o' clock you're like, I think the day's over. It's like yesterday. Yesterday I was up 4 o', clock working out by 4:15 and then 5 o' clock rolls around and there, you know, and then it's like 5:30, finish up with a meditation and then it's time for coffee and then I'm out, you know, drinking my coffee and then it's like 6:30. I'm like, now what do I do?
B
Now what do I do? I just started my whole day. The whole day is halfway over. Yeah, those are the things you have to deal with, man. El jefe. We need Chip and Jeff up here for a meetup. Yeah, we do need a good old fashioned meetup. I think we'll probably do one maybe. You know, I think it would be good to have Miami like right around February when it's. People are getting tired of the cold because everyone loves to go to Florida in the summertime. What's going on?
A
It'd be nice to do one outdoors, you know, where we're not inside. You can do a nice outdoor meetup somewhere at a, at a cool place, you know, that'd be nice. So I like your, the timing of that. I think you know, like a January, February time frame. Let's plan up for a meetup for, you know, a nice south Florida meetup. That'd be great.
B
I like it. I think we'll do that. Just not, not too formalized. Just like, you know, set a time, a place. We'll get a place. You know, maybe a cover. Maybe not. Maybe just then. I only pay for your own drinks. Maybe just get a room somewhere. What the gauge how many people will be coming and then we'll figure something out. Definitely figure it out. So yeah. So Jeff, this is interesting. I wanted to talk about, you know, just a couple interesting stories. XRP plumbing. Florida in the winter time, not summertime equals swamp ass. That's true.
A
And hex rope is in Michigan. That's right. I don't know, let's do. How about if we do Brighton, Michigan in February?
B
Nah, Jeff, I'm a big nay. Nay on that. Nay says I. Nay. No way.
A
If we're gonna do Michigan, that's like right now would be Michigan.
B
It seems like that's winter, man.
A
That's right.
B
You could do it in March and that would still not be good. Even, you know, it starts getting nice.
A
Even April may not do it.
B
Not doing it. So Ripple is talking about Singapore, talking about token taking Tokenization from pilot to real world adoption. Advancing regulated finance and greater efficiencies. Market maturity. So Fiona Murray, she's the VP Managing Director at APAC at Ripple, she put some insights together. She wrote a really nice long. We're gonna summarize it, but along with this year, read the the Edge of Singapore, which is called On How Progressive Regulation and Blockchain Innovation. XRPL Driving the Shift. Here's the long, fun article. There was just so many ads on this thing, Jeff. I was like, look, look at this. I mean, this is like ad central. Does anybody really click these ads? I don't even know if anybody even like goes them. It's just like such an eyesore with all this weird stuff going on, which is awkward. So what I did was I just put in the chat and I just said, hey, why don't we summarize this puppy and let's see what's going on and we'll just kind of like hit some of the main points, you know, first of all, Singapore is basically leading digital asset innovation. And we talked a little bit about that regulation, which is so important. And Jeff, one of the things that I keep seeing that drives me insanely crazy are the people who were like, we hate the. Remember when the SEC was going on Gary Gensler era, and everybody's like, we need regulation, we need regulation. We don't want regulation by enforcement. Remember that whole thing for years, four or five years, with a ripple years, those same people completely lost their minds. So like when the old, when the old guard was in there, we need regulation, we need regulation, we need regulation. There's no clear regulation on digital assets. Now the new chair comes out and says, oh, we're gonna have a crypto. Whatever. He's crypto force crypto. Something positive. Crypto. Everyone's cheering them on like, yay. And I'm thinking, you people really lost your minds. First of all, the SEC is going to have very little to do with crypto once crypto legislation's passed. We don't, we don't need the new sec, which, because we got the guy in that we like this time. Oh, this is the good guy now. He's going to make the ground rules. I'm like, they're talking about ground rules and putting together console and they're going to decide, no, no, no, none of that stuff's happening. I like the new guy. I love the sentiment, I love that you're positive on crypto. But just enough already, okay? And these are like prominent voices out there. These are the Voices that are scaring me that. Did you just forget everything that happened like the last four years? Did you forget, Jeff? There's, there's no, there's no regulatory sort of clarity. But don't worry. The new guy, we like the new guy, we like the new administration. So we're going to be cool and letting him figure out what's going on. Now when the legislation's passed, the CFTC is going to be the regulatory body. The SEC will only get involved if it's a security, and who knows what they're going to actually pass. That would have even less involvement by the sec. What are your thoughts on this? Because it drives me insane to see this all over nonstop.
A
So the key here is that we want regulatory clarity. Through regulatory clarity, you know, we got to get into having proper legislation that is going to move the needle in the, in the proper direction now as we continue. And it's an interesting dynamic because politics in the US Is just meant to be dysfunctional. It's. It's the strangest dynamic, but, you know, it. I'm glad that Mark Smith Smithson brought up the Woodward Dream Cruise, because I'm pulling some content up on the Woodward Dream Cruise, and if you guys have never heard about the Woodward Dream Cruise out of Detroit, you guys are going to be impressed. So I, I got some stuff we'll pull up on, on that in a minute.
B
Okay.
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Yeah, but love the Woodward Dream Cruise. What was probably I ran a foot race. Like, you know, I was gonna say ran a race, but then you would think cars. But maybe I'm giving something away, you guys. It's, you know, when we get into what that is, you know, but, but anyhow, you know, when we get into this whole thing with, with regulatory clarity, we look at the sec, we look at the overall dysfunction of how government is meant to, to operate, and it slows everything down if things happen, like, really, really fast. And you could just say, hey, let's just flip a switch in government and just change policy. We'd be as, you know, further dysfunctional and, you know, backwards politically is pretty much every other country out there, especially, you know, parliamentary politics, political infrastructure where, you know, you can just have a vote and no confidence and you have like, you know, eight votes throughout the year for prime minister or president. And every. You never know what's going on. And you don't even get to choose your prime minister because you only vote for the party. So, you know, every, Everywhere you go, there's a bit of dysfunction, but, you know, slow monotonous processes are built into our structure, you know, so. But then it's interesting too because you bring up like with the sec, the SEC has an objective and it isn't to provide. Well, initially their mission statement is to protect individual investors, right? That's the whole overall overreaching idea. But then it, they forget their mission, their own mission statement, because government on its own is overly corrupted, you know, to then support the ongoing infrastructure of government of the non elected bureaucrats so they can hold their jobs for the next couple decades. You know, so we think about someone goes in and they get a career, whatever industry, they get a career and maybe they change jobs, maybe they go company to company or maybe for the next 20, 30 years they, they want to work for the same company or they want to stay within the same industry. These government unelected bureaucrats within government want the same thing. They want to stay. Typically they might change jobs, maybe they'll change departments, you know, but overall they want to stay within government work. And when they stay within government work, it becomes its own little tight knit community that they think overall that they're running government and all the elected officials that pop in and out are just kind of happenstance. Other than you have the career politicians that have never worked a day in their life and you know, from their 20s or 30s, they end up, you know, being an elected official for the, for the rest of the, for the rest of their career. And then they're within government and they figure out all the nuances of how they can corrupt and take advantage of the situation that they're in. And so you put those two dynamics together and then you get all these dysfunctional outcomes, right? So you have slow, kind of monotonous part of the process, then you pair in the individual dysfunctionism and, and now we see exactly where we're at because of this happenstance.
B
That's the word of the day right there, Jeff. It refers to a chance, a random event of circumstance, often implying a lack of planning or intention. That is the word. That is, that is the word of the day. And you know, it's funny you mentioned it's, you made such a great point so succinctly. It's really the sec, three tenants, right? They're supposed to what, protect investors, supposed to safeguard the public, you know, from any kind of fraud, any kind of stuff, manipulations going out there, maintain fair and orderly and efficient markets, make sure the capital markets are operating with transparency, you know, have some integrity to it. And then, and then the main one is facilitating capital Formation, not making ground rules because the new guy's in and we like the new guy, but we forgot exactly how government functions and what the sec. The SEC carries out, they carry out what Congress writes. And the other thing that I would mention as it is as an adjunct to what you said, Jeff, not only is it supposed to work slow, but Congress will draft things purposely vague. They're putting their name on it and typically before a midterm with that year, before the midterm, they don't want to do any actions that could actually tie them to a piece of legislation that they actually voted for or they didn't vote for, which makes it all too sticky. So that one year before then the lead up, I really say it's probably the last six months and a lead up to a midterm, everything's like, well, we're not going to get to, we're not going to pass anything. There's going to be a lot of obstruction. And it's, and it is really there. But glad we went down that rabbit hole, the sec, because it really is important, especially when you think about Singapore and the fact that they've had this great regulation. My God, they were one of the earliest countries there. And the efforts have moved basically from pilots and proofs of concept to real implementation of tokenization. So it's not just a dream. You know, when you do a proof of concept, yeah, you can test it out, you can say, yeah, this is how it work. But when you start seeing it in, you know, the real world and it comes to public blockchains and real world assets, Public blockchains bring liquidity. You've got 24, 7 access with settlements and also it's global access. And then you've got real world assets. When you think about real estate, commodities, IP stable coins, they can now be tokenized and traded and the market potential is huge. You know, we keep hearing these numbers, but, you know, 19 trillion in tokenized assets by 2033 and the last date we heard was 2030 and we've heard all kinds of stuff. But the point is it's a massive type of a market. The compliance and institutional adoption hurdles are around the regulation and compliance. As we all, we just mentioned. Solutions include permissioned defy AML tools on chain identity and fraud prevention features. And the XRP ledger and other networks are adapting to meet institutional regulatory. And that's fun because, you know, Ripple's always been really geared towards the institutional part of it and some of the use cases that are already live. She mentions Franklin Templeton's tokenized fund.
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Approved.
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By Moss, accessible to all of Singapore investors. The trade finance tokenization standard chartered and mass tokenized 500 million in trade assets and then stable coins. Paxo Straits X and other approved as regulated stable coins to improve the FX settlement and cross border payments. The tech enablers you got blockchain interoperability reduces the fragmentation. Decentralized oracles think band protocol DIA provide pricing for tokenized assets. Early science, decentralized lending and trading for world assets are remaining. So the bottom line here is that Singapore it's turning blockchain tokenization from a theory or we're going to do this one day someday from a proof of concept into reality. And it's basically positioned itself as Asia's leading financial hub. And the shift really no longer about tokenization if it will transform finance but which institutions are going to seize the opportunity first. And that's kind of what it comes down to. So there's going to be a massive race. There's going to come a time when we're not going to remember what it was like before everything was tokenized. It's going to come a time we'll be like oh, remember when things weren't tokenized? I don't really remember that. Of course those old people remember Jeff. Pepperidge Farms remembers. Remember that commercial Pepperidge Farm Beverage Farms remembers. It'll do. Some of the stuff that's buried in my head, the important stuff is not there but useless trivia is totally buried there somewhere.
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So. Hey Chip.
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So there it is.
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So here is the Woodward Dream. You guys have never experienced a Woodward Dream cruise. I highly recommend for next year. And there you go. It's probably the one of the largest scale car shows that you've ever seen because it takes place over a weekend. It started this morning. August 16th, will run today, it'll run tomorrow. There's major sponsors, major events takes place in Detroit. It actually starts like a week prior. People gather on Woodward with their lawn chairs every night to watch cars, you know, going up and down the road. And so it, it's a long, it's a long trek as well. So it starts on Woodward down around like nine Mile Road. If you guys are familiar with eight Mile, you know from, from the song. So if we think about 9 mile, this is 9 miles north city center of Detroit. Woodward is the north south running corridor from downtown Detroit. So at nine Mile you have a town called Ferndale with lots of bars and restaurants and shops and things like that. And so if you start in and around kind of like Ferndale as a starting point along the Woodward corridor. Now think about if any of you have a town where you have that north, south or east, west, whatever your main road is. Like in south Florida it's University. And then you know, there you got Woodward. And so you think about. So it starts at this nine mile point, heading north through all these different towns. And so it's heading up past Pleasant Ridge, Huntington Woods, Berkeley. And then you get into like the Royal Oak segment which is kind of like 11 mile up to about 14, 15 mile. Because at 50 mile you have Birmingham and these are all like nice downtown areas with bars and restaurants and things like that. Birmingham more upscale, Royal Oak, kind of more trendy up Ferndale, also a bit trendy, artsy, things like that. And then get up to Birmingham, kind of more upscale. And then as it kind of goes up, there's no more like town area, but goes up further, a few miles north, loop around and then come back down. And so it's really, really cool. So I was trying to get, you know, some nice pictures, some nice video from this year. So this was, I think from last night. So you'll kind of get an idea of how things kind of gather and you know, people are flowing and you hear lots of engines. You smell a lot of beautiful, you know, car fuel. You know, when you're out there on the road, sometimes very hot, high octane fuel. You'll see a lot of classic cars, a lot of, you know, decorative like, you know, here's a bunch of Escalades and there's an old GMC or a newer GMC Denali kind of, you know, painted. There's actually these are all older, older body styles. But you'll see a lot of, a lot of plastic cars. And this was last night. So you'll see, you'll see right out front of Dugan some regular traffic. These guys are over Duggins is probably around like 13 mile road area. And so you got to pick spot some people will, you know, definitely, you know, pick their spot where that you can hang out. And yeah, like I said, people have their lawn chairs out there. But now there's, you know, vendors and all sorts of things that are going on up and down the Quarter. Oh, there's the Red Coat, Red Coat Tavern. That place is a kind of a classic place for hamburger. One of the best hamburgers you ever add. Is that the. Yeah, right. But if you look at this, this.
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Is going to be.
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Take this was last night. So think about last night, all day today and tomorrow it's going be like that because all it's about is just people sitting on the sides of the road and getting an opportunity to see these, to see some classics, you know. And so, I mean, you look at these cars and you listen to the engine. Just think about the, that high octane fuel smell, that racing fuel and that's kind of in the air. Get people that are doing burnouts, you get some normal cars because people are still driving, enjoying being part of the, part of the event. It's. It's so crazy. This was from, but this is from last year, so you kind of get an idea.
B
Some great houses on New Woodward too. Some old classic, beautiful houses, date back 100 plus years.
A
But you look at these, you know, the cars that have come out in this probably early on of the day because normally it's just bumper to bumper. No one's moving. You see tons of plastics. Look at that. So, so great.
B
Yeah. My dad had a 65 Mustang. 65 or 66. Yeah.
A
So if you like cars, you're passionate about cars, then look at this and you can see, you know, people just gather and you find your spot to sit along the road and.
B
Yeah, and then you know what you do, Jeff? You park that car for another 11 months and then you pull it out again for the wood Dream cruise again. That's about it.
A
That's what it's about.
B
Take it to a. One of those car shows they have at like one of the diners or something and. Oh, that's awesome. Dude, you got the mud cuts. That's from Dumb and Dumber.
A
Yeah, look at that.
B
And mud cuts.
A
Great.
B
So you get the big flags in the back. Look at that. Roadsters, man. Look at that.
A
Yeah.
B
All right, we've hijacked the show enough, Jeff. The fluff segment's got to come to an end. We've totally gone off track. I started it with the SEC talk and we. And then it got further devolved by Mark. Thank you for resharing the repost the stream. Guys, don't forget to hit the likes. It really is important for this. See, Vincent Caprizi says that it's funny. All these three letter agencies are supposedly here to protect Americans and then they're the biggest thieves in this country. That is so well put. Pharmacies are now going to use xrp. Okay, here's. Holy moly. Oh, gee. Never sold an XRP since 2017. Mind blown nearly every day. Retired and then XRP came along. Beautiful. You'll love to hear that. 30th anniversary of the Dream Cruise. Woodward has been parked packed all week. And it's good if you're having good weather, too. It looks like the weather is pretty good. Osmond says happenstance. Royal Oak happenstance. What else we got?
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Here we go.
B
My EV6 GT will too.
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Nice.
B
Yes.
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It's really this one here cruising down is 87 fiero.
B
I forgot about. I do. I had a roommate back in the day who had one and it was. I used. It was a red one. And, man, that thing had some miles on it. Dude, that thing was right. Build your dreams. Build your dreams. 1967 Buick Wildcat is my build. Look at this, man. We got some classic car. We might have to have a classic car show.
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Wow.
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Visual vendetta. Hey, Chip and Jeff, can you guys do a show on price predictions? No, I'll give you a price prediction. We don't know. There it is. Just throw it out there. Really want to know when I should pull out of this bull run coming to an end soon. I don't think it's coming to an end soon. I really don't think so. I think the ETFs. I also think economy. I just don't think. I think this. I think the cycle is going to be a little bit different this time around. And it's a. It's not what I say, but it's what a lot of TNA guys are saying. It's. Who knows?
A
I mean, there's.
B
Nobody can really predict it. I mean, chart reading is a. I guess it follows patterns, but, you know, there's patterns everywhere in the world. Right.
A
So everything's a pattern.
B
Everything's a pattern. It's like. So does it always repeat? Oh, it can, but it can break off once in a while too. I don't know that. That it will. That it will go at some point.
A
But the thing about crypto asset chip, I think right now is the fact that it and. And crypto assets, you know, for. For the past number of years have all been tied to the emotional state. Right. Because what. What's directly impacted now. I think what's different to your point is that we have more corporate involvement and we have more government involvement, but not necessarily at the level at the volume that's going to have a massive impact, yet it's still heavily influenced by retail. If it's heavily influenced by retail, then it's going to be emotional. It's going to be tied to FOMO and FUD until you get the big institutions in, then you have your big entry points, then you have you know, your kind of your big ramp ups which will be even more, you know, heavily tied back to technical analysis. But right. So the technical analysis now and you'll see because as, and it's interesting as you look at some of the charts, not a chart reader per se, but you know, you'll start to see certain metrics that are changing and, and then you can compare, you know, over time over time or, or period over period or chart over chart where because of, you know, whether it's ran slow in, you know, ramp up in investment and the passion and the FOMO people responding to whatever the situation might be. But there are indicators that are repeatable and you know, do graph out certain ways, you know, whether they're tied to, you know, specific analysis, corporate analysis, you know, financial corporate structure analysis, indicator, whatever it might be, political outcome, you know, so there's going to be a lot that can tie back to it and so it is going to be interesting to see. Did we just enter a FOMO bull period where everybody's jumping in if bitcoin pulls back, if there's any reason in bitcoin hit its all time high at 124 plus. Now it's sitting at 117. You know, a six thousand dollar or seven thousand dollar move does that, you know, does bitcoin. If bitcoin pulls back further, the whole market's going to trend back with it, you know. And so if we're going to get a dip in the bull market, you know, how exactly then does that relate back to another bearish time or you know, do we enter into even further bull? Is it pulling back because people are taking profits or is it pulling back because of some other, you know, nobody knows, Jeff.
B
The whole point is nobody knows how it works. The experts don't know. We don't know. Nobody knows.
A
Nobody knows. Yeah.
B
XRP Plumbing, thank you for that 1999 big support. Keep up the great content. Peace and love to all of us. Agree with that statement. This was, this is, I love to see stuff like this. This is a great Saturday show. We've gone off the rails already two times today. We try to keep on track. We have a basic game plan but sometimes, you know, always staying on track. What makes the show is you guys, you guys make the show, you guys throw a comment on and we start talking about it and that's, that's what's fun for us to do. And Ray run says famous bull words. Bull run words. It's different this time. Well, the reason it's different this time is that every other time in history there was no crypto legislation check. There were no ETFs coming out. And if you look at the driver of what's driving the bitcoin price, a lot of it, 70% of the of the buys have really have to have. You know and what's driving that market are the ETFs. So that's the reason I think it's different. And Jeff's having another conversation with somebody so I don't know what he's talking about. Can mute yourself over there.
A
I'm talking about the most important thing. Coffee.
B
Well that's okay. I'll give you a pass.
A
Steam. Look at that steam coming off you.
B
Got fresh coffee handed to you. That's real dude. There is something different. Jim D says XRP will be revealed as a three letter agency soon as the government starts collecting taxes on the chain. Man. Dude, look at it.
A
You weaved in there on the chain.
B
You look at. Look, let's just point out how great this comment is. XRP check. It's in there. Three letter agency in there. The government in there collecting taxes on the. Collecting taxes in there. And then the pun on. On the chain. How about that? That's very clever Jim D. We still want Jim D to. There you go. You got to come on the chain. You got to come on Jim D. We had a great conversation meeting in person, great dinner with Jim D. We always want to come on here. He's a very. He's got his mind works in a very, very fabulous way the way he thinks about things. So it's very good. Look at this. Mark Smithson super sticker. Appreciate that. Look at this all the way from the Dream Cruise, man.
A
He's hanging out at the Dream Cruise listening to us and posting stickers.
B
And posting stickers. Man. That is. That is solid right there. And then races will know. Well of course we'll know but nobody can predict. Even the chart guys are wrong. I mean it's like you know, that's why we don't like the. I mean everybody wants the price to rise. I think it needs to break the all time high. I think it needs to break. Well it has but I mean like it's got to break $4. Let's put it that way for SRP.
A
Probably has to five 401k money also.
B
That's another good point. Cash velocity.
A
There's another good point and we're not there yet.
B
Wait till Trump. Yeah, Trump allowing the 401k money to be you Know, used like, you know, investment there. So you're gonna see a lot of investments going there. The fidelities of the world and. Yeah, you're right. So there's going to be a lot of pouring in. The ETFs are a big thing. You know, also, you got some cross pollination there.
A
ETFs are everything.
B
I believe crypto market for 4 trillion will only get bigger. So it's always different this time. Yeah, I mean, we could. We could easily see that decline to 5, 6 trillion dollars. I mean, 10 trillion is not even, you know, we're starting to get someplace. But we've Never really crossed 3 trillion. Like it's really. So that's another place too. Cowboy business casual. Stetson, gator boots. Six shooter holster. Yeah. Let's go. Let's go. Paul. Yeehaw.
A
Paul.
B
So Stu Alderadi's heading over to the SALT conference in Jackson Hole next week. He's gonna. He's gonna join some notables. Miles Jennings, who is the. Who's from a 16 crypto. And also Summer Mersinger was what's in. We'll talk about her in a little bit. Sylvia Favretto and Talia Kaplan from who's a Reporter? Anchor.
A
So this is clarity.
B
Interesting.
A
They're going to talk about the Genius act. The Clarity act, yeah.
B
Which nobody really cares about. To be honest. I. I don't care. I really don't care.
A
It's like, you know, it's critical. That's. This is the beginning. Clarity after genius. No shortage of policy questions.
B
Oh, the Clarity Act. Yeah, the Clarity Genius. Yeah, Genius. I don't really care about clarity is what I want to know.
A
But we needed both of them. We need one. It's a step, right? Aggressive.
B
But they did. The one that was important to them, not the one that's been important to us. Nobody cares about stable coins. Nobody gives a rap.
A
You think they're going to do anything for them care?
B
We don't care. We just don't. Jeff. We don't care. I'm just saying we want crypto regs. We were promised crypto regs. That's what we want.
A
Charles Black Rock ETF 401k equals boomer money. IPO. Possible IPO for who?
B
There won't be an IPO for Ripple. Ripple doesn't need the money.
A
Ripple? No, there's no reason for them to ipo. They don't need outside money and they can't. Why go public like that? You know it doesn't.
B
Why would you want to expose yourself? Listen, a company like Circle, which. I had a good story on Circle. I don't know if I put it.
A
Up or not, but want to tell it.
B
When this, when the money, when, when the interest rates, like 50 basis points in one basis point, if that drops, the amount of money that's going to be eroded from Circle is just astronomical. We're talking 300. It's, it's insane, the hundreds of millions of dollars. So as the interest rates come down, and they will, whether Powell does it, whether they have a cut in September, he's out in May, they're going to bring someone new, they're going to come adjust the rates, they're going to put somebody in there that's going to make this work. Listen, Circle's out a lot of money, so Circle needed to ipo. They're in trouble, in my opinion, okay? Ripple does not need to file quarterly. Quarterly to be under scrutiny. 247 scrutiny. They're a public. They're private company. They go where they want. They acquire who they want. They're all above board. They're transparent. They've said it time and time again. All these fraudsters out there in the marketplace who want to tell you, I mean, I listen to what Brad Garlinghouse says. I listen to, you know, what Stu Alder says. I mean, these, these are people, you know, I mean, Chris Larson, there's no reason in the world for, for, for this company to ipo, unless they want to get even richer. I mean, you know, if they're $15 billion now, soon they'll be estimated at $30 billion. Yeah. And then they could go be rich and raise a bunch of money, but then they're under scrutiny of sec, and it's great when our guy's in there, but no, I don't think they want to do that. And all the reporting and the investor calls it hamstrings your business because instead of growing your business from a root level of trying to obtain, obviously, profitability but building to a vision, it becomes every time a company goes public, they're under, they're under the, the, the foot of investors, you know, leaning into them, getting criticized by the Street. Are they going to make their predictions? Are they going to be up? Are they going to be down? This is something that Ripple wants no part of. I can tell you they want no part of that. Maybe somewhere down the line, but I don't see that, Jeff.
A
Now, Coinbase, Coinbase going for an ipo, totally different situation, you know, for a Coinbase, for an exchange, a platform to Try to gain kind of the, not just public attention, but to, to gain some normalcy in the space to say, look, we're publicly traded. Come and invest, put your money in our, on our platform, invest in us. You know, we're, we're in the public scrutiny at this point. We've passed SEC investigation, whatever. And so for a Coinbase to do it was very relevant. And then Coinbase, I think, you know, they were a little bit shocked when the SEC under Gensler and decided to come after them and claim all sorts of different things. But at that point they're already publicly traded as well, so different situations. And so that's where, you know, Cash Velocity brought up Coinbase. I was talking about we'll rep.
B
I don't think they need to.
A
I don't, yeah, at this point, I don't, I don't think Circle is relevant to a Ripple at this point. No, especially since they have the RL USD. You don't really need to go down the path of, of a circle. Let Circle do Circle. You know, maybe Coinbase or somebody else might buy it to do a quick expansion or potentially even somewhere within banking infrastructure, maybe a Bank of America, they want to get into it real fast. They come in to buy. It's gonna. I believe that a company like a Circle, you know, anything that is going to be more heavily focused on crypto asset. Normal, Normal infrastructure, I would say normal legacy infrastructure will come in and buy crypto infrastructure in order to fast pace their intro into the space. And that's what you and I have talked about for so long. Which comes first? Does crypto industry buy legacy industry or does legacy industry. And we're talking about like financial institutions, banks and things like that. Does leg legacy industry buy crypto industry first? Which one happens? Right now we're seeing a little bit of both, you know, because we see Ripple wanting to get into banking. Did they buy some legacy infrastructure to speed the process? But they're not able to buy big legacy infrastructure. They can't come in and buy like a JP Morgan or a Bank of America or something like that. But they're going to buy small legacy infrastructure just to get in and, and you know, hopefully speed up some of the, the regulatory process for them. But now when we get big Legacy Infrastructure at J.P. morgan or bank of America or Fidelity or something like that, those guys have got huge amounts of money behind them also. They're going to come in and purchase in order to speed up their process. So it's gonna, it's, it's gonna Be an interesting kind of race between the two of them and, you know, wherever it falls, you know, but, you know, and again, you know, Chip, do you think we're kind of at a. That like a VHS Betamax moment? You know, is it. Or is it more like an Apple Microsoft moment where we're going to see multiple players continuously competing, not choose one over the other, but we're going to have like a mix of both as we compete for the growth of the space?
B
I think it's bigger than that, Jeff. Quite honestly, I think it's bigger. Look at that. We have Alchemist coming in. Hit the like. That's the excellent news. Always excellent news is. There's really not any excellent news. The excellent news is you're here. That's it. Alchemist. That's the excellent news. That's the excellent news. I actually think it's bigger than what you just mentioned. I don't. I think, you know, when you think about banks versus the crypto, you know, when you think it's funny that you have this legacy banking organization that's protesting Ripple getting a banking license, right? Because there is a lot of fear, there's a lot of panic going on in the banking side of it. Generally what happens, I would be more akin to banks being able to adopt quickly the fact that banks can custody crypto. They'd be wise to get into some sort of a. Now, whether they acquire an exchange or something along those lines, because there's a lot of fees and banks are always looking for ways to make money that if they custody your crypto, if they allow you to buy it on your banking website through some sort of a partnership, we saw Citi go down this road. This is where I think either they're going to adopt or they're going to get slaughtered. Right? And probably we saw, like when the Internet took off these legacy publications, you know, my parents would get the paper and they'd read it and they'd look at it and I always hated the newsprint. I didn't like. I don't like the idea of starting a story on page six and going to page 11. And it just didn't make any sense to me. Every time online, I was, all my stories, it's on my phone, click, click. But these papers, they wanted to try to go online. They couldn't figure out a business model and they all just pretty much saw, suffered, and all the big ones, they just died and went away. So this is the same thing with the banks. If the banks do not adopt, they're Basically going to be out. And the fact is, you can become your own bank. You don't even need them anymore. And when they talk about the, you know, offloading crypto and Rails and all that, none of that makes any difference, man. But one thing I wanted to mention here is that Summer Immersion Gear from the Blockchain association will be a featured speaker at Ripple's upcoming Swell Conference. So she'll be. She's on there as well. So you can see that that's, you know.
A
And Chip, you're going there to represent.
B
That's why I'm going to be there representing Jeff. You didn't sign up for that.
A
I know I did not.
B
You still. Yeah, there's no time.
A
I'll.
B
I'll register, go submit, and then I'll tell you. I'll give you some. I'll tell you what to do.
A
Okay, cool.
B
I'll tell you what to do. And then we kind of like. Flynn, you teased this at the beginning. So vet put this out there. And I saw Kevin Cage talking about this as well, and something didn't smell right to me because he said, is this right? Am I looking at one over $1 billion in tokenized assets on the XRPL? And I was like, how was it? I was like just under 200 million the last time I checked. Like, did it grow that fast? Well, he says, but that is just the beginning. The next phase is distribution and usage on the XRP ledger. Decentralized exchange with permissioned domains. And the decentralized exchange soon will be combined with native lending. But then all of a sudden, Julian Burindi comes in here and slams the brakes on. Now, Julian is the first develop dev growth PM over there at Ripple. And he kind of like came in and said they were supposed to be in Brazilian realis. So just FYI, we'll fix it soon. Closer to 200 million. So, yeah, I was like. I was like, that's some 5x growth in a very short period of time. Something seemed like off to me. Yeah, well, they were supposed to be in Brazilian Real. So they were put in the dollars and it looked like some major growth. And turns out, no, it's $200 million. Now, this was funny because I liked anybody over at Ripple that has a great sense of humor, like Julian. Some dude comes in and says, wait a minute, who are you? Right to Julian. And he's like, your worst nightmare.
A
People are so funny on X. I don't know.
B
Your worst nightmare. That's funny, man. I mean, like, you just got to give it up, you know, you got it.
A
It's hilarious. Really is funny. Do you see this from Jim D. Yeah, I did. I'm learning off the media geopolitics from unlikely places. VPN coming into Bitru via the South Korea VPN server. It's interesting triggered a warning that withdrawals into South Korean institution wallets could be held. There's a lot of stuff happening. What happened at Bitru, you know it's Bitru Binance. There were, those were all big names in the, in the space for a while, you know and then all of a sudden, you know, you get have an issue. We can't use those platforms in the U S market due to regulatory concerns.
B
Yeah, well, when Curtis Wang left years ago, I think it went down. I think he was, he, he stepped on in 2021. So I just, I think you know, he provided a little more leadership and direction. He was very, he was very well, you know, well liked. He's been, he was on our show, you know, he was, we met him down at bitcoin conference in Miami. So you know, he was just a good dude. He was a really, you know, I think that maybe it lost its way in in a little bit.
A
So whatever happened, occurs.
B
Does anybody know he started a new org, he started a new company, blockchain company.
A
And what happened?
B
I don't know. I don't know.
A
Do we keep track of it? We haven't keep. Kind of lost.
B
Doesn't, doesn't, doesn't interest. I mean every once in a while I'll ping him on, on, on LinkedIn and he always responds, check in with them. How you doing? How the kids, you know, stuff like that.
A
Right.
B
Because we got to know him on a little bit of a personal level but you know, he's out doing.
A
He was really great. I think there, there were a lot of great people in this space then once it goes into, there was a lot of policy struggle, a lot of regulatory struggle and that's where you know, people that were passionate about more of the high tech and, and the technology and things like that. We've seen a lot of changeover in the, in the industry, but some of the people that have been around, so that was kind of the newer people to the industry. But then we have the legacy people. You think about, you know, anybody that's behind like Ripple, Garling House, you know, considering how long he's been in the industry, you look at, you know, Coinbase and the, and the leadership behind Coinbase, how long have they been in the industry? From early on of. Of tech, you know, and then all the. A lot of the newcomers kind of just moved on. You know, they weren't used to maybe the ups and downs of the. Of the stress of the industry. But the guys that have been around since, you know, the beginning of tech, you know, of. Of the dot com that are in it are still there, you know, so I don't know if that's even, you know, if that's how it played out, but that's how I'm looking at it because Curious was relatively new to the space and we've got a lot of other big name, you know, people that establish big names like that that are gone. They're just not involved in the. From the financial side anymore, you know.
B
Obsidian asset says banking is the new journalism. Oh, and speaking of Obsidian, did I tell you about our awesome coffee? Badass Yeti's coffee?
A
Obsidian.
B
Obsidian Bold. It's great. Lately I've been. I've been having a conversation with James Rule. James Rule bought two bags and he bought the Obsidian. He said it rocks. He's really impressed with it. He's tried a bunch of coffees. He's also really into coffee as well. And he was like, I said, did you get the. Did you get the. The beans? You know, the whole beans? He said, absolutely, I get the whole beans. Grind it. This coffee is awesome. So that is awesome. We're not just making it up. People know. Mike Morath knows a bunch of you guys buy this coffee in a regular. We buy it as well. I'm almost out, by the way. I gotta buy some more.
A
I gotta get some more as well.
B
Yeah, the Obsidian Bold is fantastic, man. The. The whole bean. God. Fantastic. Really?
A
Oh, Chip, we're at the bottom of it now. We're talking about on the chain, badass Yetis and things like that, obviously. Coffee. Go buy some of that badass Yeti coffee. Go to badass yetis dot com. No, baddest yetiscoffee dot com. Go get yourself some of that coffee. But we gotta play this because Yetis. I haven't seen anybody say post Yeti. You guys know the word of the day, so. But here we go.
B
Type it in. We got three in there so far.
A
Three.
B
Man typing Yeti.
A
Well, we'll have 20 before the show's over, but here we go.
B
When a badass yeti from the blue Tribe, the word of the day. Yeti. Got your salmon wine ready?
A
Cause this is gonna be epic.
B
It's time to claim your legendary blue Tribet of the Cl. Pathfinder. His name Gunner. Let's go on the J. Born for battle made for legend Claim your wor is on the chain.
A
On the chain.
B
That's like Viking punk metal there, Jeff.
A
You like that?
B
Wow, that's crazy. Crazy man. That's crazy.
A
That's some yelling right there. That is. It did go with the name. I had to pick that one because it's Gungner. Gunner is so metal. Exactly.
B
So metal. He's got to type it in. Type it in. We got 10 in there right now. Just like that. Bam. 10. So we got a 1 in 10 chance soon. Gun.
A
Gun thunder. How cool he is. Number 162. Look at that guy. Look at that guy. There he is. Gner.
B
Yeah baby. Oh yeah.
A
They're cuddly, they're cute but if you run into them on a you don't want to and they'll.
B
We need you guys to go over to XRP cafe. Go type in yeti. Badass Yeti's Blue Tribe. We're almost, we're like we're almost sold out. We've almost sold it out. We got like 8% or 92 sold out. 8% more if you guys want to go over there and purchase one. Help us get over that hump and, and, and, and get over. What else are they going to say here? Let's see.
A
Oh, almost knocked over my coffee. That would be bad chip.
B
Yeah, this is, this is. So do you think the K D5 will be able to continue being non kyc so basic crypto swaps or will the big institutions buy out major players? I think what's going to happen is regulation is going to, is going to basically control this. Right. So I think regulation, they're going to have KYC involved in that. So you know it's just, it's coming, right? So the wild west is coming to an end. You know it's coming. Stepping more into being regulated. I know you don't want to hear that but that's what I think is going to happen. Chad says hair metal Sunday. There you go. I put up there. You guys need a funded. Funded. Yeah, just a zombie wall but it has to be funded at least one XRP to receive your YETI should you win and then guys get it ready. So if that comes through, you want to be able to do that.
A
Almost time for a yeti concert. You know we'll have to animate some of these guys and once we get it we'll get, we'll get the different at we can animate the yetis for a band and put them into a. Into a concert.
B
Just like that. 16.
A
See, we'll be to 20 before it's. Before it's done.
B
We got shifts. So we're gonna go ahead and shift over to our geopolitical segment here, which we like to do. We kind of like split the show a little bit, kind of go between, oscillate between the two, which is always a fun thing to do.
A
And we'll dictate. Kyc. Yes.
B
Let's see. So I want to play these three videos in succession here. They're very short videos, but I want to talk a little bit about the. And then my mouse just froze up. Okay, here we go. I was like, what is going on? And then again, man, rigged already. We're already getting the rigged comments. Holy cow. That's insane. Let's see. Here we go.
A
Crypto. Well, when you left on Wednesday, you actually won the drawing. However, based on the 30 day rule, you'd already won, so you would have been disqualified anyway. I just want to let you know that your, your name actually came up in the drawing. Yeah, but you had already left.
B
All right, so basically yesterday in Alaska, President Putin from Russia met with President Trump. And when he arrived at the airport. So both of the planes were parked there, they're walking down the red carpet, and Trump scheduled something pretty cool. This is a major power move here as. Just watch what happens. Check out Vladimir Putin's face when he hears a very interesting sound. Got a little nervous there at the flyover. Look at the, look at the look on his face. He's a little panic Bill here. Yep, he's looking. He hears jets. He looks up. Look at this.
A
Look here.
B
Trump's like, it's okay. I scheduled that flyover. Right. Just want to show you how strong our military interiors. The other cool thing they did is as his, his, as his vehicle drove in, they had all of the, all of the jets parked, lined up on both sides. So when he came in, he saw the jets. But this is fantastic. So there they are. They're gonna get up there, go take some photos and shake some hands. Let's see this. Some smiles. Everybody smiles. Welcome to Fantasy Island.
A
So there they are, the Air Force One.
B
Yeah, there they are. There's the big handshake.
A
Go. He pulls them. Look out.
B
When he first did that, he pulled him right in.
A
Yeah, yeah.
B
Wants to know who's boss there, you know what I mean? So they're, they're there. They're chatting now. Here's a wide shot of that Same video, but here's the wide shot with the flyover. Because, like, I first saw that, I'm like, okay, great, but where's. You don't see this Flies. The fly over here it is. Look at this. Yeah, look at that.
A
Oh, look at all the jets on the ground, man.
B
Yeah, they were all lighting the whole. The entire way when he drove his little, you know, his version of the beast up there. And then this is. This is Putin talking about, you know, basically what Trump has been saying. Trump has been saying that, hey, had I been president, this war would never have happened. And everyone's like, yeah, yeah, pipe down. Well, listen to what Vladimir Putin says.
A
And in the end, I would like.
B
To add one more thing.
A
I'd like to remind you that in 2022, during the last contact with the previous administration, I tried to convince my previous American colleague that it should not.
B
The situation should not be.
A
Brought to the point of no return when it.
B
Would come to hostilities. And I said it quite directly back then that it's a big mistake.
A
Today when President Trump saying that if he was the president back then, there will be no war. And I'm quite sure that it would indeed be.
B
So I can confirm that.
A
I think that overall, me and President Trump.
B
There you go.
A
That's it. But we said that so many times as well, you know, the. The whole thing. You just look back historically, you know, on things that had happened with Russia under the different administrations, and, you know, this time around, they wanted it. They. This administration, the previous administration wanted the tension, they wanted the chaos. They wanted the global chaos. They like the death, death and destruction that all lead it. It would all lead into their specific narrative, you know, and it was so. It's just so. You know, I mean, it goes beyond demeaning, you know, because they. They brought our world to the brink of potential global conflict on a scale like we'd never seen before, ever. But this is what happens. This is the ramification and the outcome of cheating, deception, and just outright, you know, hostility. And so we had not just, you know, the In. We had. We had the in charge. We had the cheating that were in charge for a period of time, for four years across the board. Now we're starting to see some accountability from Schumer, who's shaking it, quaking in his boots right now because, you know, the just desserts have to come to him. Yeah, a lot of things started with some of those people in different, you know, prime positions. But if we think about what Putin was saying there, you know, and from Trump's perspective again, that conflict would never have happened because Russia would have, you know, flexed their muscle, then there would have been some pullback and they would have, you know, they would have been, you know, seen, you know, they would have accomplished their objective by flexing the muscles, say, hey, we're still here, we want what we want. But what we saw with that previous administration Chip, is that they pushed and they pushed and they pushed. They were pushing this narrative since 2015, elevating Russia to a position of enemy status like we hadn't seen since the Cold War. And they kept pushing and pushing and pushing and pushing and the lies and, and the deception and the, the, you know, all the made up stuff about Trump because they want to unseat Trump. But now they're single it out Russia as this enemy. But you can't do that on, in the public sphere without Russia responding. At some point Russia is going to be like, hey, we're not what you're saying, but hey, but we're going to flex our muscles to prove to the world. And the whole thing with the Ukraine and the money laundering from the Biden family that came through the Ukraine, you know, all those things that had happened and now the power moves and then the, the bull strain of, of money flow over to Ukraine because there was that big, you know, flow back into the Democrat coffers. And with the ending of all of that, now we can reveal the, the hidden truths. But the Democrat Party willing to bring the entire world to global conflict and to see the death and destruction in Russia and the Ukraine and at levels that could be unprecedented. Yet how come we've never seen, you know, true video of all conflict? Every other conflict you can see video and, and the media will bring all sorts of stuff, you know, yet with the Ukraine, Russia conflict, how come years have gone by and there's been no true video media reporting on it, you know, yet how is it that Ukrainian leadership, you know, how is it that we're starting to see articles coming out in Ukrainian leadership that those guys are now wealthy beyond belief? You know, how is it that those guys got wealthy during this war cycle? You know, so you really have to, you know, consider all the different variable of outcome. And here's Trump saying this would never have happened. Of course it wouldn't happen because the leadership from the US As a dominant player, you know, you need adult leadership in the world and, and the whole world, you know, what they live by? They live, live by the carrot and the stick. Here's a little carrot. You want to sample the carrot. Yes. Okay. But if you go too far, you want to grab the whole carrot, here's my stick. And I'm gonna bash you on the head with it. That's how the world, that's how the world exists, you know?
B
Yeah.
A
Now, now it's just been. Yeah, and now it's just been carrot, carrot, carrot, carrot. Oh, we're gonna take your whole carrot, you know, but, and then there's, and then with this previous administration, like, here, take all of our carrot, you know, take all of our people's carrots. And by the way, we're going to bring in all these other people into our country. So not only are we going to give our carrots away, we're going to let you come into our country to take our carrots before we even have them. You know, it's just like everything was asked backwards.
B
This is funny. Jim D. Said Trump should have let Putin have a 20 foot lead on the red carpet. All alone out there. Like Panic Bill with the flyover, you know, they're on their way to Russia, they're going to go bombing, you know, yet. Remember one time Reagan joked about that. Didn't go over so well. The Joe, the Joe buddy says he has XRP in his wallet. Never got the yeti. That's because you never accepted the yeti. The yeti is there, my friend, but you have to go accept it. Want to tell him how to do it?
A
I don't think Joe Buddy ever won a yeti.
B
He won a yeti the other night. I gave it to him.
A
Oh, you did?
B
I sent it to him. Yeah. Joe Buddy, finally.
A
He won.
B
Yeah, he won. He finally. And I sent them the yeti and you just didn't accept it. You have to accept it on your side. What's the process for that? I forget because I know you can do it in the zombie wallet itself.
A
But I think you can, you can, you can do it. Or just attach it. Attach your Zaman wallet to XRP Cafe, just go onto your computer, XRP Cafe, connect your Zaman wallet, go to Accept, and boom, you're done.
B
That's it. You got to accept that. That's the thing. It doesn't just show up in your wallet. So that's how you have to do it. That's how it shows up. And you can't look at it directly. You got to go pull up one of the X apps to be able to see it.
A
Right, Sir John, Old school diplomacy is so 19th century relic. Straight to head facts talks is the way new Way. Come on.
B
Yeah.
A
Here's Before Trump, the left had been getting away with serious corruption and thievery and that, and that's coming to an end, that all of that stuff has to be revealed. You know, it. Corruption and thievery has been going on for a century, so since the beginning of time. And, and obviously we read the intrigue, right? If you go into any of, you know, any of the old play rights and things like that, you know, over the years, you know, think about, you know, some of the, some of the classics, you know, and, and you'll always see intrigue and corruption and thievery, you know, and that's, that's what people love to see, right. In everything, right? Even down. Down to the Game of Thrones, right, Trip. You watch Game of Thrones, there was a lot of corruption and thievery going on behind the scenes and always in the royalty infrastructure. Otherwise, it's not fun.
B
Yeah, there's nothing. The whole appeal of, of Game of Thrones is all of the wild stuff that's going on. Justin said he had to change his real world back to yeti. We love that. That's also very cool. Appreciate that. So I got a couple quick clips to play. This is Carolyn Levitt. She is a. She's an awesome star. It's hard to believe she's in her 20s. She's so sharp. But here we go. Let's listen to this. Statue of Liberty back to France. Yes. France wants the Statue of Liberty back, right? They wanted to send the friend. Listen to this, listen to this. Let's send the Statue of Liberty back to France. Hey, y', all, come look at this. They want the Statue of Liberty back. So is President Trump going to send the Statue of Liberty back to France? Absolutely not. And my advice to that unnamed low level French politician would be to remind.
A
Them that it's only because of the.
B
United States of America that the French are not speaking German right now. Boom.
A
And the French overall, overall, Chip, the French, so weak, you know, it's so funny. French, French government overall is so weak. You know, over the years, there's never been a point where, where you see, like, real strength, you know, coming out of, out of French political leadership. I don't know what it is. And then, and then they always choose the wrong side. It just, it's mind boggling to me. And they're doing it all over again. You know, you see the French political sway and they're always picking the wrong side. They never do what's right. It just, it's Mind boggling to me. Well, you know, and where some of.
B
That play out again, they're about to get conquered. Because you go into France anymore, it's not France, it's good luck. The good news is France is going away. So I mean, you can look at as good news or bad news they brought upon themselves. The ones that are going away very quickly are going to be Germany. Germany's destroyed itself with their power policy. They shut down their nuclear power plants. They don't have enough. They don't came and run their factories that produce cars. Another good reason to come to the us but in the uk they're pretty much conquered. They basically let in barbarians and they're. They're conquered. What are you going to do? It's no longer England, you know, so. And that sector doesn't drink. So they're shutting down all the pubs in London. They're turning it all down. You're going to be living under Sharia law pretty soon. And guess what? You guys allowed it to happen.
A
So they wanted it to happen.
B
I mean, in 250 year, 49 years, nothing changed.
A
Nothing.
B
They had red coats, super bright, bright red to be picked off by, you know, guerrilla warfare. The patriots were hanging in trees and shooting them off. They're like, we're going to march in a line. They marched in line. They were good soldiers, they were good boys. They just marched and they got picked off and nothing's changed. They're good boys. Are letting the king, which is now the Prime Minister, rule them. The king is useless. King Charles is one of the most useless humans on the planet. You know, they, they've got nothing to say. No one's. This, this woke culture, this politically correct is going to destroy their country. I don't think they can turn it around. I'm starting to see people protest, but I don't know. But anyway, Trump was given a briefing the other day and a very important question. They brought up the big, beautiful ballroom, the big beautiful ballroom that they're mad about because Trump's either going to pay for it out of his pocket or he's going to get private donations. He's not using government money. The same when he put the two flags up. I mean, it's kind of weird that the 249 years of the US government and the White House, there's no flags out in front. Put giant flags on the back of the White House in the front. He paid for it and said, screw it, I'm putting it up. Now he's doing the big beautiful ballroom and everyone's griping about it. It's not going to be good. It's going to be horrible. I mean, meanwhile, they have these, they have dignitaries they, they put in a tent on grass with table set up. This is a joke. This United States, man. It's the world leader and you got. So Trump's doing the right thing here. But anyway, a reporter wanted to know about the briefing room, if he would do something similar. Listen to this question.
A
Is this. You're building the big beautiful ballroom.
B
Could we build a big beautiful briefing room, more seats? I don't want to do that.
A
I don't want you to be comfortable. Comfortable. Look at the. Read the reactions too from Exethen. That's so funny.
B
No, I don't.
A
My God, I can't believe he said.
B
I don't want you to be comfortable. This is why Trump is classic. I mean the humor, the honest body generates. I don't want you to be comfortable.
A
I don't want to do that. I don't want you to be comfortable.
B
You gotta love that. You gotta love it, man.
A
I love Trump. He's. He's great. He's great. Hey, Northeast Whitewater brought up some interesting points here too. Ukraine war really started in 14 where the CIA and neocon Senator McCain Graham and Democrat Murphy instigated a color revolution to directly challenge Russia and, and expand NATO. Breaking deals in the 90s. That was.
B
They put their guy right. That's where all the corruption handle. And don't you remember, don't you remember Biden famously saying I told them that you're not going to get the $1 billion if you, if you don't fire, you know the prosecutor and well, well damn. Well godamn what he says, he said, well, well don't you know, that's what they did. I mean you're admitting this publicly, dude, did you threaten them? I mean that, that you had a prosecutor looking into the corruption? Yeah, Jeff, it was completely.
A
Yep. And, and more, you know, fiction, you know, from the media up here in Maine full of Canadians. Media says they're not visit. Of course they're visiting the US where, where else would the Canadians go? I mean the Canadians still coming to Florida. Why? Because it's Arctic over over there during the winter. They have nowhere else to go. Of course they're going to come to the U.S. of course they want U.S. goods. Of course they want to come down here. I mean, come on. I mean it's, it's so, it's so insane. You know, the Canadians aren't going to stay in Canada. Unless they force them to stay in Canada. They love the U.S. you know, it's only because of the U.S. that, you know, Canada, you know, as is as secure as, as they are, you know, because of our, our, our power hold, you know, globally. But at the same point, the Canadians were also notorious for allowing, you know, people to flood into their country and, you know, and we might even see, you know, some switch over. Think about a population of 30 million. Not very hard to overthrow that country, right?
B
Oh, yeah, Very, very easy. Trump needs less orange. No, this is Orange man bad. This is his moniker. Of course he needs more orange. He has to be oranger. I would think it'd be better to go orange. So here's another. So this is Hillary Clinton. No, I'm sorry, this, my bad. This is Gavin Newsom. Before I get to Gavin Newsom, I want to go to LA Mayor Karen Bass. She was, they were very angry. Remember, he was holding a press conference to talk about how they're going to gerrymander to hell out of California and they're going to create their own gerrymandering, which they're going to basically ice out five Republicans out of California. The other thing they've got to overcome is they've got, they've got to put an amendment because it's in their California constitution that they can't do that. So they've got to pass that by a majority vote. Then they got to put it up to a vote for the people to vote on before they could actually do the gerrymandering. But, you know, everything's fixed in California. So of course the. All Democrats are going to vote for it and then they're going to put it up and they're going to continue to destroy their state. But here's Karen Bass. She's angry because during the press conference where Gavin Newsom was announcing this, guess who showed up outside? There was randomly was arresting illegals was. ICE showed up and she's mad about this. So here, here's her complaining about how angry she was that ICE was doing its job. And many of our other elected officials were having a press conference here to talk about redistricting, and they decided they were going to come and thumb their nose in front of the governor's face. Why would you do that? That is unbelievably disrespectful. Of course you have it for people listening. You've got the Trump playing the recorder badly in the background and you got the actor, what's his name? Ben. The hell's his name, Ben something or other. But he's back there. That's the famous meme where he's out there with a cigarette. Just didn't discuss. So he's there, disgusted. She says it's unbelievably disrespectful. Yeah, God. God forbid you would enforce the law.
A
It's a provocative act.
B
They're talking about disorder in Los Angeles and they are the source of the disorder. They're the sources. Meanwhile, people drive in, in la, say the traffic is unbelievably.
A
I was trying to give a press conference.
B
It's non existent, but here's Gavin Newsom talking about it.
A
And they arrested Panchito while I was trying to give a press conference. And then I showed up and they arrested.
B
He's got the Trump 2020 arrested Panchito.
A
And I was like, why are you taking Panchito away? And they were like, because he's illegal. And then Panchito yelled at me, please help me, senor, you promised. And I was like, I'm sorry, Panchito.
B
I can't actually do anything.
A
I just like acting tough and shit. So anyway, now I'm looking for a new gardener.
B
Panchito, that is too much. He's looking for a new gardener because Panchito got arrested.
A
Do you see the new ICE vehicles? How kick ass those ICE vehicles look with the nice gold if you want.
B
To go work for ICE. $50,000 signing bonus. Plus they pay off any student loans you have. And the job started 100k. So there you go. And then they were looking for.
A
I forgot to drive one of these bad boys.
B
They're looking for 10,000 agents and they ended up with something like 80 or 90,000 people applying.
A
Yep.
B
So for all your people out there that have friends that have tds, Trump Derangement Syndrome. Here's Jim Brewer on Trump Derangement system. This is good. He's going on.
A
Right?
B
Like it's past. It's past if you divided politically even, you have to admit. Even if you're like, I don't care as long as it's not. You know who that was?
A
Like a demonic. Like the devil came out and just.
B
Whoever gonna make people hate Donald Trump. Hate. Get him. I hate Don. He's a racist. He's a sexist white supremacist. He's a insurrectionist. They lynch people.
A
Even.
B
And I'm gonna blame you because I saw the news channels, I saw them saying just racist. He's sexist. You would just wake up to pee in the Middle of the night. He hates Mexicans, and he says they're rapists, and he hates black people. And he. They had. Remember the woman's march? We're going to march. I have a vagina. I have a vagina. Oh, they knew what a woman was then. Jim Brewer's fantastic. They knew what a woman was then. You get up in the middle. I mean, it's just unbelievable. But the funny thing is, the reason it's funny is because it's so spot on. And then Hillary Clinton, Jeff, this was a shocker. Looks like she's vying for an easier prison sentence. Here we go.
A
Architect of that, I'd nominate him for a Nobel Peace Prize.
B
If he was the. If he was the architect of a peace deal between Ukraine and Russia, nominate.
A
Him for a Nobel Peace Prize.
B
We are on the precipice of a meeting between President Trump and President Putin in Alaska. Drawing on your experience as Secretary of State, if you were en route to Alaska, what would you be looking to get? What does an acceptable deal look like?
A
He is not meeting with a friend. He is meeting with an adversary, and an adversary who wants to see the destruction of the United States and the Western Alliance. But if he could bring about the end to this terrible war where Putin is the aggressor, invading a neighbor country, trying to change the borders, if he.
B
Could end it without putting Ukraine in.
A
A position where it had to concede its territory to the aggressor, had to, in a way, validate Putin's vision of Greater Russia, but instead could really stand up to Putin to make it clear there must be a ceasefire, there will be no exchange of territory, and that over a period of time, Putin should be actually withdrawing from the territory he seized in order to demonstrate good faith efforts, let us say, not to threaten European security. If President Trump were the architect of that, I'd nominate him for a Nobel Peace Prize.
B
There you go.
A
But why? Well, you know, everything that she says is, yeah, well, of course Obama got.
B
One before he even got in the office. He got a Peace Prize. Meanwhile, there were more. There's more death and destruction and wars.
A
In his eight years. It was devastating. Everything that we're witnessing today has a direct result of everything he did for eight years. Remember his first, the Obama thing is for as soon as he came out, he undermined the. The position of the United States, went around on an apology tour and apologized to all these countries, already showing weakness. Then you remember Hillary Clinton, Hillary Clinton with her. Her reset button, more weakness. You know, it's all Weakness, weakness, weakness. So eight years of Obama weakness. Then Trump comes in, you know, finally, you know, putting us back into position. But the Obama legacy didn't go away and they undermined the first Trump administration on a scale like we've never seen before in the history of our country. Four years of Biden controlled by Obama legacy. You know, more destruction on the global stage. And now that at least those last four years were so critical because it opened the eyes of the majority of the public. And so people are finally, you know, they wake up and they're like, holy. You know, we're on the brink of destruction like Europe is. You know, we have to be the last bastion of, of hope. We have to be the great saviors once again. Y and we're going to put ourselves on the line. We have to bolster our bottom line. We have to strengthen our base. We have to re. Dig our, our trenches. We have to make sure that this country is, is powerful for the next 100 years. And so that's what's happening right now, especially considering that we're seeing Europe falling at a rapid pace. And so, you know, things have to happen in certain ways. If Kamala Harris would have somehow they would have finagled her to come in and we would follow the Hillary Clinton mantra. Think about all, you know, remember, remember Hillary's, remember Libya. You know, remember all the things that happened under, under. Under Hillary Clinton when she was Secretary, Secretary of State, and the destruction on a global scale as well, and the undermining of our safety and security because directly resulting and related to policy from Obama and Hillary Clinton. Think about where we were positioned at that point. And then 2015, again, the undermining of this great country by the Democrat Party and the fake dossier and the Russia hoax that again, you know, I mentioned this earlier, put us in a position of direct conflict with Russia. So when we play that video of what she's saying and you know, think about again, to go at the adversary in Russia. They. Russia's been an adversary, yes, everybody knows that the Soviet Union was an adversary. However, Russia had been brought back to their heels, you know, because they rely heavily on the export of, of. Of natural resources and the Obama administration and Europe and you know, put everybody in a position where they rebuilt the, the Russia economic funnel and kind of put them back in position, creating the adversary, giving them the money to do what they had to accomplish and, and then elevating to him a status of conflicts and adversary to where they had to do something. And so this whole thing that Hillary Clinton's talking about, they made it, they created it. We had to sleep in the bed that they directly created. And so now what Trump is doing from a negotiation perspective with Putin, you know, you have to have, there has to be some sort of, you know, benefit from both sides. They both have to come out and believe that they're getting benefit. We see how Trump is negotiating on a global scale with tariffs, and you can see how the, the rest of the world is falling into place even with high tariffs, because they have to reset the trade imbalances with a lot of these countries to benefit, to re, benefit the United States. And what would be different with Russia, but Russia as that adversary, you know, they have to have some sort of an outcome. If they get a little bit of land concession or something happens and maybe there's something additional on a concession, we'll see exactly what the outcome is going to be. But from Hillary's perspective, she just wants direct conflict intention. You know, instead of trying to figure out, you know, how do you go back into kind of a zero sum game, you know, to where, you know, you, you reset, you know, so it, it's just, you know, I, I, it's just so stupid. You know, we could spend hours and hours going through and, and kind of analyzing, you know, the insanity of what they do and, and how they, how they do this.
B
You know, they're just weak human beings. They're not coming from a position of strength, which is why Trump was able. He goes like, okay, you don't want to negotiate 30 tariff. And then 15 starts looking real good. Joe, Buddy says she knows Ukraine's giving up land. Territory has already been lost. This is a big nothing burger. So there's no way. Right. She's basically saying that.
A
Exactly.
B
Russia, give back all the land at one and then, then you deserve a Nobel Peace Prize. Her terms cannot be met.
A
Exactly.
B
Jim D. Says Putin probably offered to swap Ukraine for Alaska. That's pretty funny. And then this one here, Mike says two 230 in, in here and it should be more yetis and coffee orders. Agreed, man. I agree with that.
A
I agree. Yes.
B
It's hard to hear Jeff do his political talk and not get mad at all the corruption that's going on in the country. Yeah, it is kind of, kind of hard to do that for sure.
A
That's a point. You got to get, you got to get mad at it. You got to get angry because, you know, what's happened ship for, for decades in this country is that people didn't get mad. People Weren't angry because we were too comfortable.
B
Complicit, dude.
A
We, we're complicit. Silence. Complicity through silence. And people in this country rightfully, you know, because for the most part people say, look, I just want to watch football. You know, I want to go to, I want to go to my kids games. I want to do. I just want to do what I want to do and live my life. And it is a distraction. But that's, hey, I just want to live my life. I don't want to have to worry about all this stuff. That's why we elect politicians. But what happened was people said, I don't want to know about it at all. I'm going to turn a blind eye to it. I'm not going to pay attention. But you have to be angry because through anger means that you're going to start paying attention to it. You get upset about it. You're like, now I'm going to hold people accountable. I want to make sure that my politicians do exactly what they're supposed to do and we bring in somebody like a Trump to, to make that happen. And that's what it's about. You know, hold these people accountable. Don't let them become career Schumer politicians, you know, or a Biden politician. Talk about a useless individual throughout the history of their life, right? They do nothing. Nothing. They get elected into politics and they corrupt and steal money for their entire career. They did. They contributed zero to society before getting elected. You can't live as an elected official. That's the most ridiculous thing that is monarch syndrome. That's the problem with Europe because they have a monarch mentality, you know. And so that's why, that's why you have problems in, in Europe. Why do you have problems in England and France? Because they have a monarch mentality. They don't have a freedom mentality. They have a monarch mentality and they bow down to their monarch. Their prime minister is their monarch. Their monarch is their monarch. Why. Why is there still a monarchy in England? It's because the, the British bow down to the, to the throne whether they want to acknowledge it or not. It's a monarch mentality used to being dictated to.
B
Woke culture begets what exactly what they got. They want to be woke mean. Well, Christians and Jews are losing their lives and what are they worried about everywhere. Bring in more of the people who have a mindset. Believe as we do or we kill you. I'm sorry. Gotta go. Not compatible with Western lifestyle. Kick them the hell out of the Country. That's why they're not welcome in other countries that have the similar people. They don't want them. The rabble rousers. They don't want them. They don't even. They kick them out of their country. They're not even going to take the people from Gaza. Jeff, we talk about borders and stuff and listen, listen to what the penalties are if, for other countries if you're caught as an illegal. Listen to this.
A
Enter illegally.
B
Singapore, that's six months in prison if you enter illegally.
A
Russia, that's two years in labor camp if you enter legally. India, that's eight years in prison.
B
Pakistan, 10 years in prison. North Korea, obviously death penalty. And you enter here in Canada or the US and even Europe, and what do you get? Free housing, healthcare, education, food, public transport, cell phones, cash. Come on, guys. A country can only be a country if it protects its borders. Immigration is not bad, but illegal immigration should be penalized. Lies.
A
That's right.
B
Throw them. Throw them the hell out. Then we've got. You know, one of the big things about the redistricting in Texas is Jasmine Crockett, who's making a lot of noise lately, will probably get redistrict and probably lose her seat. So she was speaking out at what happens if she loses her seat. If I lose my house seat, I.
A
Probably go back to stripping, honey.
B
I mean, I know I'm fat now, but some like fat booties, you know, or maybe go back to work Waffle.
A
House to fight with other fat. And don't worry about me, honey. I get a job regardless, you know.
B
A Gotta get that money, honey. Damn. Okay, that was parody. That was. That was not her really doing that. That's what. This is what AI. Apparently this is what AI is good for these days.
A
That's what AIs come to, you know.
B
I mean, this is. This is kind of like what it's come down to, Jeff. It's come down to this kind of stuff. But let's go ahead and do that ahead and play the tune because we're going to go ahead and no money, no honey. That's right. There you go.
A
I'm going Play the song.
B
Play that song. And then we're going to do the. We're going to do the drawing. Let's go. 16. 16 in here for the Yeti draw.
A
16. We need 20. We need four more. You guys are here. You gotta put four more in. But you need a Z wallet. Remember, funded Z. All right, here we go.
B
Win a badass yeti from the Blue Tribe. The one of the day Getty got your salmon wild ready.
A
Cuz. This is gonna be epic.
B
It's time to claim your legendary blue trib. Yeti of the clan Pathfinder. His name gunner let's sky made for legend. Claim your.
A
On the chain is on the chain. On the chain.
B
On the chain, on the chain. Jim D's like, I can't enter for two more weeks. Yeah, well, that's part of it. You can't. We have nine. We have 20. Jeff. We have 20. Let's go. We have 20. We got our number. Let's go. Let's see. Osmond, let's see if that's.
A
Hang on. Put it up. Hang on, hang on.
B
I'm ready. I'm waiting. I'm waiting. Here we go, people. Let's go. Who's it gonna be? Who's it gonna be? Who's it gonna be? Badass. Yeah. The winner is.
A
On the chain.
B
You must have typed yeti in there, dude.
A
I. I did not. I didn't type yeti.
B
I avoid typing yeti.
A
I didn't type yeti either. That's all right. We'll take the win. Chip. Thank you very much. Let me give the victory lap.
B
Who's it gonna be? That's why I avoid typing yeti. But I might have typed it by mistake. The winner is Zober. One recently. Check the stats, Jeff. Zober.
A
Just one.
B
Check the stats.
A
Let me go. Let me go to the video replay.
B
It's not rigged. I mean, if we typed in yeti, it randomly comes up. Up. So there's nothing we can do about.
A
Doper one last time on Wednesday.
B
All right, so we got to draw again. We got lots of redraws, guys.
A
That red one in the chain link chance.
B
Let's go. The winner. Let's. Who's going to be the winner today? Who will it be? The winner is. The winner is.
A
Art on the lake.
B
Check Art on the lake. Cuz Art, I don't know if he's won recently. I think he might be a good one. Let's see.
A
Let's see if that's Art on the lake has not won a blue tribe. So Art on the lake is the.
B
Winner or a white tribe? I don't think.
A
I don't have white tribe open.
B
I have the white tribe open. Let me look at it. Actually, that's not the white tribe. Where is it? I thought I had it here somewhere. Let's see. See, I do have. There's the white tribe. Let's look at who the giveaways were. The Last one. Let's see. Holy cow. Let's see. Joe, buddy. 1.
A
Just have to look for August. I doubt he won in August.
B
Well, no, it's 30 days.
A
Oh, 30 days.
B
Right, Charles?
A
Nope, nope.
B
No, no, no.
A
Art on the Lake. So Art on the Lake is the winners. So you know what that means.
B
Winner, winner, winner, winner, chicken dinner is what it means. Get your zombie.
A
And there it is. There's a Zaman wallet. So hang on. And. And so Art on the Lake was prepared with his zamawat and his ax handle. So you see? Look at that.
B
This is how you do it, guys. Let this be a. A lesson and. And a little mini sort of a workshop on how it's done. What? We don't even have to ask for it. There it is. Art in the Lake one. And there's the zombie wallet. See how that works? I love how it works. Thank you for being proficient.
A
Nice. Start building.
B
Jeff, while you're doing that, while you're sending that off to. I'm going to play. Got it. We always got to do a baby trump here. And this is a good baby trumper. We're going to play this one right here. Here we go. Ready? Let's go. Here's a good baby trump right here.
A
Beth Warren said she was an Indian. We call her Pocahontas. She's a liar. She lied her whole career based on the fact that she was an Indian. She was able to get into certain colleges, get certain jobs, get into certain.
B
Universities to work there.
A
She's a liar.
B
And what's so funny is they keep showing the baby Warren, Pocahontas face.
A
Mean person. She's a nut job. I watched her the other night. She's all hopped up endorsing a communist.
B
In New York City.
A
And she was all excited and jumping up and down. She's got to take a drug test. She really does. She's got to take a drug test. There's no way somebody can act that way and be normal. What she's done to our financial institutions, she destroys people. You know that. You had a lot of great banks in the Midwest and banks that loaned to farmers and others, and they went out of business. She put them out of business. Stone cold mean. Banks that were open 150, 50 years. Family banks have supplied the farmers and manufacturers and others, and she put them out of business. A mean, horrible human being. Bernie Sanders is Bernie Sanders. I don't mind him so much. He's just a liberal guy, very liberal, wacky guy.
B
He's still sharp.
A
I got to Tell you, you know, he's 86 or 87 or something. He's still sharp. You compare that to Joe Biden, it's, you know, sort of way what happened. So I don't mind Bernie Sanders with him. You know what you're getting? You're getting a guy. He's a nasty guy, but he's somebody that. I don't know if I call it a fastball, but he's, he's, he's able to throw the ball pretty well. I don't know if I got a fastball.
B
But the best thing is when he says that she said she's an Indian. And then you got this right there. Oh, my God.
A
All right, here we go. Transferring this bad boy over. It is moving. It's verifying. Submitted. Here we go. Get ready. Art on the lake, because this bad boy is now yours. Badass yeti number 1 62. Gagner.
B
Jim D. Says speaking with forked tongue is a tradition for certain tribes, it seems. Yeah, that is very true. The other baby is Elizabeth Warren. That's right. That was great. The looks on the face just a phenomenal, you know, that just drives them into a frenzy too. The he says she must see we got to give her a drug test because no one like jumps up and down endorsing a communist, you know, for. There has to be something wrong with her. She's a nut job. President calling someone a nut job. I just love it. I can't get enough of it.
A
Dude, how is it that the liberal that the Democrats have such a crazy people that they have, you know, up front, it's amazing to me, every one of them, none of them are. There's not one of them. That's normal at this point. They're all insane. They're all crazy.
B
No, I mean, listen. I mean, you know, I mean, in, in the more that comes out about. They had 5.2 million people illegals who are getting Social Security. What does that mean? That means they can get a driver's license. That means they can vote in elections. They don't care about legals. They only care about staying in power and voting. Okay, well that's.
A
Give me a minute.
B
That's basically all they care about. They could care less about anything else. It's a voting thing. It's being proven. I love how the drip, drip, drips coming out against the, the Russian hoax and they're like, oh, there's nothing there. And then another damning piece of information comes out. Well, that's not really true. Well, that's only Part of it, these same people are involved in all kinds of stuff and it'll be time to get them subpoenaed and get up there to testify. And let's start seeing. Because when you're on, when you're under oath, you lie, catching a lie, and then boom, you're off to prison just for that. The COVID up sometimes is worse than the actual crime. In this case, there's lots of covering up and it's about to come to fruition. But anyway, we need to make a baby face of you guys and laugh together. That would be funny. We should take a clip of the show Jeff and do a baby version of us. How funny would that be? Baby version? That would be funny. You'd be baby Jeff. You'd have like a bald head, tons of hair. Man, oh man, oh man, oh man. The illegals are like lunatics raising all of our insurance rates in Florida. Yeah, not only that, dude, but they're also. Well, it's also the. Yeah, because they're never insured. Right. Just driving around, getting in accidents all the time. As chat. As John Fetterman continues his recovery. Starting to sound sane. He still votes wrong, but he talks a good game. Yeah, it's like his brain healed when he had that stroke. It started healing. He started making some logical sense. But he has to vote with his people. There's a bunch of Democrats that. You wonder why they're Democrats. We in the Balkans says Sir John, have a full spectrum of freaks for politicians. But seeing the U.S. democrat Party, they're all saints. Wow, that's some heavy criticism. I recently saw Charlie, I wanted to play a clip from. Maybe I'll play it tomorrow night. But Charlie Kirk was talking about. Well, you can't, you can't really say the Conservatives talked about the Tories. I'm like, look, dude, the Tories are not Conservatives. The Tories here in the US would be. Call them Democrats and that would be being nice. Okay, they're the Conservatives. No, not by judging by our conservative standards. If that's their Conservatives and then they put labor in. Their labor is like labor left lunatic. That's like, you know, even further left of the Dems, but pretty much in line. The Tories. Come on, man. The Tories were a bunch of. I mean, they have one party system over there. The Tories, they might find a point here and there, but no, there's. I mean, reform uk. Yeah, maybe you'll find some things, but unless somebody radical comes in to be on Prime Minister, they're not going to get Any through. They got stupid parliament to contend with and they've just surrendered their country. They'll be conquered. You won't be able to go there anymore because it'll be under char real law. And they'd be like, we don't know what happened. We're like, well, everyone else does. You'll be the last ones to know. Germany, Switzerland, Norway. Goodbye, France. You had. Was nice knowing you. Yeah, go over there and somebody just shot a video over there and they're like, oh, I thought it was. Geez, I didn't think I was in France. But you saw this, you know, the. You could see there was France, you could see the Eiffel Tower behind them. But no, it didn't. Look, the funny thing is, is if you lose your language, culture and borders, you're dumb. You lose any two of those, you're done. Your country doesn't exist anymore. Language, culture, borders. What's the point of going to Poland if it's not Polish culture and food? What's the point of going to, you know, visiting any Balkans countries if it's no longer, you know, the culture and the food? Like, what? You know, why would you want to go anywhere you want to go? Why would you want to even visit? Why would you want to even visit, you know, you know, Ireland, If Ireland's no longer Ireland and you know, the Irish people, they lose their culture, they lose hundreds, thousands of years of tradition.
A
Boom.
B
Wiped out in 50 years. Done. Completely done. And they're dominated. So there you go. And it's not people like, oh, you're being racist. Listen, man, you just got, you just got to do your homework, you got to follow what they say. And I'm sorry, I'm not sure if you can tell somebody that if you don't believe the way I do, we're going to want to kill you. And their main goal is to infiltrate and impregnate and spread. Eradicate, right, eradicate. That's it. And right now everyone thinks, well, they're just after the Jews. No, man, they don't want the United States to exist. They want the Christians gone. They're killing Christians too, everywhere around the world, right?
A
So it's crazy.
B
And they don't. And what are their countries? Produce the countries they came from. Loser countries, horrible government, poverty stricken. They get an opportunity to go somewhere else. And instead of assimilating, they fly their flags and they spread their hate. So to me, no sorry, no pass. Gone.
A
See you later.
B
You're out. Margaret Thatcher had it right. You got to be sent back. You know, Kira Starmer talks a good game but he's not doing anything. But if you don't stop the flood. I mean, I was there in 2000 and I was shocked. 200025 years ago. And I was shocked at what I saw and I said it's only going to get worse. And man has it. They're closing down pubs in, in London because they don't drink. They're. They're taking street corner musicians and they're destroying their instruments because they don't like music. I'm sorry, man. It's a very oppressive sort of, sort of a. And then they're.
A
And then they can't stand up for themselves so they go to stand up and the police come and, and they arrest the, the citizens of the country instead of saying, you know what, these illegals have overstepped and we're not going to allow this violence. But nope, they, they decide they're going to take a punitive action against the citizens of their country. And this is, you know, the silence. You know, the silent majority that will never step. You know, it just seems that it's going to be very uncommon in those countries that they're actually going to step up and, and protest, you know, for what is right. You know, they protest for. Always protest for what's wrong. You know, but let's see, you know, for once if the people of the country will stand up and protest for what's right, which is protecting their own country.
B
You know, that's time to get out of here, Jeff. You have, you can't have open borders and welfare stats as Iran. That's absolutely 100 true.
A
Right?
B
That's all we got, guys. We'll see you tomorrow night.
A
Tomorrow night, 8:00pm Eastern Standard Time, whatever that time might be in your country. That'll be Sunday, Chip.
B
That'll be Sunday. Or early Monday morning if you're somewhere else in the world. But that's all we have, guys. We'll see you on the next one. Chip and Jeff out. See you on the next one.
A
Are you down with otc?
B
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A
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Episode: Ripple Unleashes $1B on XRPL | Asia Expansion + Hillary’s Nobel Bombshell
Date: August 16, 2025
Hosts: Jeff (A) & Chip (B)
This action-packed episode dissects Ripple’s massive $1B push for XRPL, the meteoric rise of tokenization in Asia (especially Singapore), and U.S. regulatory debates. The hosts pivot into politics and geopolitics, covering the Trump-Putin Alaska summit, Hillary Clinton’s unexpected Nobel comments, and the unraveling political crisis in Europe. As always, the show features lively audience engagement, banter, and a segment on classic car culture.
Topic: Ripple’s headline announcement about a $1B commitment to XRPL and the realities behind recent tokenization headlines.
Asia Leads the Way:
Singapore is highlighted as a leader in digital asset regulation and real-world tokenization use cases. Ripple is leveraging Singapore’s regulated environment for institutional adoption of the XRPL.
“Singapore basically leading digital asset innovation... Regulation is so important.” – Chip (06:54)
Clarifying the “$1B”:
Viral claims of $1B already tokenized on XRPL are debunked. In reality, it’s just under $200 million, with a mistaken display in Brazilian Reais causing the confusion.
“I was like just under 200 million the last time I checked… they were supposed to be in Brazilian Real. So, yeah, it was $200 million. Not $1 billion.” – Chip (39:25)
Institutional Use Cases:
Franklin Templeton’s fund, tokenized stablecoins (Paxos, StraitsX), and Standard Chartered’s $500M trade assets are shaping Singapore as Asia’s financial/blockchain hub.
“Ripple’s always been really geared towards the institutional part of it and some of the use cases that are already live.” – Chip (14:35)
Topic: The dysfunctional nature of U.S. crypto regulation, past frustrations with the SEC, and upcoming changes.
Regulatory Whiplash:
Hosts note the irony of the community’s shifting attitude; initial calls for regulation gave way to knee-jerk support for new leadership, even without clarity.
“These are Voices that are scaring me… Did you just forget everything that happened the last four years?” – Chip (06:23)
Legislation Is Key:
Hosts stress that only legislation—not the SEC—will bring long-term clarity, and institutional adoption hinges on real rules rather than personalities or enforcement.
“We want regulatory clarity through regulatory clarity... proper legislation is going to move the needle.” – Jeff (07:33)
Topic: The seismic shift toward tokenization, potential market sizes, and institutional hurdles.
Tokenization Beyond Concept:
Singapore’s advances mean tokenization isn’t just theory—now real assets like real estate, IP, and commodities are going on-chain.
“Singapore, it’s turning blockchain tokenization from a theory… into reality.” – Chip (15:02)
Compliance & Tech:
Solutions highlighted: on-chain identity, oracles for pricing, AML tools for institutional standards, and decentralized lending.
Prediction Debates:
No solid agreement on timing of price surges or cycles—hosts warn listeners not to trust self-proclaimed “chart experts.”
“Nobody can really predict it. I mean, chart reading is a... There’s patterns everywhere in the world.” – Chip (23:45)
“Nobody knows. Yeah.” – Jeff (26:40)
Topic: Interactive discussions with listeners about regional meetups, the annual Woodward Dream Cruise, and classic car nostalgia.
Meetup Plans:
Miami in winter is floated as a likely venue for an OTC hangout.
Woodward Dream Cruise (Detroit):
Jeff details the legendary car event—classic cars, citywide culture celebration, and a reprieve from the crypto talk.
“If you like cars, you’re passionate about cars... just people sitting on the sides of the road and getting an opportunity to see these, to see some classics.” – Jeff (21:08)
Topic: Asset cycles, ETF impact, the IPO debate, and who’s buying whom in the crypto vs. legacy finance world.
IPO? Not Yet:
Ripple’s private status gives it agility; IPO route like Circle’s is viewed as unnecessary unless liquidity needs force it.
“Ripple does not need to file quarterly... They’re a private company. They go where they want. They acquire who they want.” – Chip (31:21)
Legacy vs. Crypto Buyouts:
Will banks buy crypto firms or vice versa? Both are happening, but the real question is who can adapt to new rails the fastest.
“It’s gonna be an interesting kind of race between the two of them…” – Jeff (36:41)
Topic: A sharp-turn into international affairs, with coverage of the Trump-Putin Alaska summit, Hillary’s Nobel comment, European upheaval, and immigration.
Trump–Putin Alaska Summit:
Dramatic visual moments (jets, military pageantry), handshake analysis, and Putin echoing Trump: would war have happened under Trump?
“Trump’s been saying… if he was president… there will be no war. And I’m quite sure that it would indeed be so. I can confirm that.” – Putin, as cited by hosts (51:49)
Memorable: Chip narrates Putin’s startled look as flyover jets zoom over the tarmac. (50:14)
Hillary’s Nobel Bombshell:
Hillary Clinton says if Trump ends the Ukraine war, he’d deserve a Nobel Peace Prize—hosts dissect motives and realism.
“If President Trump were the architect of that, I’d nominate him for a Nobel Peace Prize.” – Hillary Clinton (71:17)
“Her terms cannot be met.” – Chip (78:22)
Europe’s Drift & Demise:
Strong condemnation of UK, France, Germany for weak leadership and social unraveling. Hosts mourn the decline of cultural identity due to uncontrolled migration.
“Germany’s destroyed itself with their power policy... It’s no longer England... You allowed it to happen.” – Chip (60:59 onwards)
Immigration Contrasts:
Hosts compare extreme consequences for illegal entry in Asian countries to the perceived incentives in the U.S. and Europe.
“A country can only be a country if it protects its borders. Immigration is not bad, but illegal immigration should be penalized.” – Voiceover, cited by hosts (81:14)
On Regulation
“It's supposed to work slow, but Congress will draft things purposely vague... They don't want to do any actions that could actually tie them to a piece of legislation.”
– Chip (11:30)
On Tokenization’s Future
“There's going to come a time when we're not going to remember what it was like before everything was tokenized.”
– Chip (15:00)
On Market Predictions
“I'll give you a price prediction: We don't know. There it is. Just throw it out there.”
– Chip (23:18)
On Politics
“You have to be angry because through anger means that you're going to start paying attention to it... You get upset about it. You're like, now I'm going to hold people accountable.”
– Jeff (78:44)
On Europe’s Direction
“If you lose your language, culture and borders, you're done... Language, culture, borders.”
– Chip (94:41)
Comic Relief
“I don't want to do that. I don't want you to be comfortable. Comfortable.” (On not upgrading the White House briefing room)
– Trump, quoted by hosts (63:18)
This episode is a sprawling yet riveting blend of deep dives into Ripple’s XRPL ambitions, the importance and pitfalls of global and U.S. regulation, and the uncertain future of markets and institutions as tokenization matures. Political and global affairs are analyzed with a sharply opinionated American lens, leaving listeners both informed and entertained.
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