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On The Chain - Blockchain and Cryptocurrency News + Opinion
Ripple/ XRP: Garlinghouse: The Trump Bull Run is Real
01:04:17
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- [00:02]
Jeff
Welcome to on the Chain. This is Jeff here with co host Chip. What is going on? Chip? What's going on? Everybody out there in the on the Chain community, man, things are looking up. Brad Garland house coming out full on maga, which is pretty good to see. And Garland House, we're going to talk about this. We're getting into it and it happens to be the title of the video today, the Trump bull run. And that things for Real Ripple, xrp, MAGA and a Trump bull run tying it all together with a little bow on top. So see a little bit of run on bitcoin today, little tiny run on XRP and some big runs on Sui. So we got that and a lot more. What's up, Suey? The wheat.
- [00:52]
Chip
Sui. Sui. I know. It's like the pig call. They always call it Sui. Sui. There you go.
- [01:02]
Jeff
That's it.
- [01:02]
Chip
Ready? Get this sucker kicked off.
- [01:04]
Jeff
Let's do it.
- [01:06]
Chip
I'm feeling like a hey, hey. Open.
- [01:09]
Jeff
It's kind of that.
- [01:10]
Chip
Hey, hey. Kind of like, let's get going. Hey, hey, hey, hey, hey, hey, hey, hey.
- [01:24]
Jeff
What's up?
- [01:24]
Chip
Hey, everybody chop where you're coming in from? Everybody drop where you're coming in from. Please drop where you're coming in from. So are you gonna run more than SUI from now on? Well, let's hope so. Sue's been a good one, man. It's been. It's gonna. It could be another Solana where it hits 100 to 300 bucks.
- [01:41]
Jeff
Oh, that thing go way over. Like it was that. That was at like 5:19.
- [01:46]
Chip
Yeah, yeah. I remember watch. Keeping an eye on. It was like 65 cents, man. It's gone up. That's. That was like early. It was maybe August. It's incredible. It's incredible. You know what's incredible?
- [01:58]
Jeff
What's that?
- [01:59]
Chip
If we go back to the show where incredible. You and I made a. We summarized the. The fact that we thought that Brad Garlinghouse was full on maga. We talked about why we thought so. Yep. And you know, I don't know, man. This. This seems to. This next post on X kind of like really speaks heavily to that right there. Here's Brad Garlinghouse put this out a little bit earlier today. He said 2025 is here and the Trump bull run market is real. Just that statement alone. Now, if we went back three months ago, six months ago, a year ago, would you ever expected to say, when Trump comes in office, we're going to get a massive bull run like that would have been so far from anybody's thought process. Right. Especially when we saw that we, you know, Chris had in, had, had gone ahead and invite, invested heavily in Kamala Harris. They're playing both sides of the coin, you know, trying to show that, you know, that whoever was going to win or they thought was going to win, they'd have both sides, you know, very political sort of opportunity there. And I totally get it. For Ripple, this is even more personal after Gensler's SEC effectively froze our business opportunities here at home for years. And the optimism is obvious and very deserved. So today 75% of Ripple's open roles are now U.S. based, while over the last four years the vast majority of players were outside the U.S. and then he says that we signed more U.S. deals in the last six weeks of 2024, since the election, than the previous six months.
- [03:38]
Jeff
Wow, that's impressive. So the holdback was an administration and an entire climate that was pretty much not just anti crypto, but anti business, anti development, anti accumulation of capital. You know, I think, you know, that was one of the tones that had been set. And as soon as Trump won this positivity, it was just like, you know, there was, you know, the, the thousand pound gorilla was the weight that was on everybody's shoulders, you know, for the past four years, you know, so it's so good to see, it's good to see Brad Garlinghouse come out, you know, and acknowledge, you know, the significance of what that, of what this election really means, you know, for this country. But what it means for their business and if their business is flourishing, ship. If we see that, you know, Ripple is filling, you know, 75% of their roles they have to fill are in the US that means they're getting ready to go into, you know, rapid growth mode. That means that there's a lot of optimism. That means that business is looking up, they're signing deals in the United States. That means that financial institutions are gaining momentum and positivity and they're realizing that we have a positive direction for crypto. That's all positive. Those are all positive things, you know, and XRP sits at $2 and 40 cents. Hey, you know what? Bitcoin's gonna go over a hundred thousand again. The market's trending up. Sue is at 5, 16 right now. Things are positive. People are uplifted, you know, and then we'll see. And come January 20th, that's what I think the rest of the momentum is waiting for January 20th. It's like between now and then Ship, people are like, what's going to happen. How's it, what, what could potentially go sideways, you know, other than, you know, the activist judges and you know, and you know, different things like we saw in, on Bourbon street on New Year's Eve and you know, other things that have been happening in New York City and all sorts of normal chaos stuff. You know, people, you know, it's a financial, the financials, you know, what are they going to do to impact, detrimentally impact the financials over the next two weeks? That's what people want to know.
- [05:57]
Chip
Yeah, I mean I, I find this so positive, so refreshing. I mean, my gosh, we've, we've heard so much about carbon credits and this and that and that's fine, you know, but the problem is, is that we want you to focus in on like what's going to build the business. Right? What are the things that are going to build the business? Yeah, of course they're looking at CBDCs. We, we waited on our thoughts there. But you know, building the business, you know, we're coming out of nowhere earlier in the year and talking about the ripple, you know, ripple USD, which is a big thing too. And I, now that I see that, that Garlinghouse comes out with this post makes me very bullish as well. And it's good to see that there's really no holding back. It's, it's a matter of just putting it out there because this other, this other thing he says here is he says Team Trump is already jump starting innovation and job growth in the US With Scott Besent, David Sacks, Paul Atkins and others at the helm and they aren't even in office yet. And I think that's something too that we really need to sort of unpack because it's one sentence here. But the amount of progress that's being made the mount. Jeff, you nailed it. The amount of optimism, right? There's, there's like this refreshed sort of like you know, you can go outside and just breathe the air. It just feels better. Everything sort of feels fresher and it's, and I think it's spreading worldwide. Right? We're starting to see, we're starting to see what's happening with Elon Musk and how, with Ker Starmer, how he's applying the pressure and how he's highlighting what's been happening, the atrocities that have been taking place over there. If we're a society that cannot protect our young girls, if we cannot do that, like what kind of a society are we? We don't even belong on, on Live walking and living on the planet. If we can't protect those who can't do don' voice for themselves. And I love the fact that it's being highlighted and I also like the fact that this is spread, spreading and it has been for some time. We saw it in, in Argentina, right? And look, and they said, oh, it can't be done. They're not going to be able to do anything with the currency. But this speaks to something that's way larger than just the US it's the renewed optimism. The whole idea of, you know, there was going to be the, you know, Mexico president said, no, we're not accepting anybody. Nope, we're not going to do it. We're not accepting anybody. And then all of a sudden, oh, we'll accept our, we'll accept those folks back. Because what happens when you get a businessman in office who's a negotiator, like, okay, there's got to be something to negotiate. Either you do this or there's going to be a repercussion. Right? Either you work with us or you're against us. So I love the fact that he unpacks this. He's talking about the new SEC chair here. He's talking about, you know, David Sachs being the crypto AIs are. He's bringing in some really heavy hitters and good people as well. So I think the whole thing, just this whole what's tied together today. I saw something on X2 that Lindsey Graham has sort of indicated that all of Trump's nominees will, will go through because. Why do you think it's because? I mean, do I trust Lindsey Graham? I don't, but I know something about Lindsey Graham as a guy goes along to get along. And when Trump says, hey, if you, you're going to make an open vote, if you vote against them, we are going to primary you. We are going to start the campaign and start raising money now. We will find somebody and you will be gone. We will replace you. This is called negotiation. This is what a business person does versus a career politician of 50 some years who's never accomplished anything, who goes over there every four years and starts the blah, blah, blah, every two years, blah, blah, blah, and gets nothing done. That's why it's such exciting time to be alive, Jeff.
- [09:30]
Jeff
It's exciting, super exciting. You know, I mean, the stuff that's going to happen over the next four years, you know, we haven't even. So it's going to be amazing. You know, week after week when we do these podcasts, the things that we're going to be able to talk about and the reference points and the comparative and, you know, just there's going to be so much going on at such a rapid pace. You know, I think that's what's going to shock everyone is the pace at which development is going to happen back to back. It's, you know, just one. It's going to be really, really impressive. Hey, I do want to give a quick shout out to Gamer Life, underscore Life over on the Discord for winning our drawing on the Discord for one badass yeti, a badass white tribe yeti. And so I'm transferring it to him right now and it's just like, there we go. And it is being sent. So one of the things that we are going to be doing on this show is we are going to be giving away a badass Yeti tonight on the show. And so Chips getting that set up. So that was sent over to Gamer Life over on the Discord. It went through. There are two things I just want to shout out on that real quick. So Chip, do you have the yeti thing set up yet?
- [10:51]
Chip
I have it set up. It's ready to go, everyone.
- [10:54]
Jeff
All right, so you guys start typing in yeti. This is the bad boy that just went out to Gamer life. He just got this one right here that he's got the yuck, yuck. And then we're giving away this ash Yeti tonight. So look how beautiful this ash Yeti is right there. You look at the detail, the fire licking, you know, right behind him, kind of the reflection and the, you know, the, the look, you know, just every aspect of that. So we're giving away this ash Yeti tonight. So get ready, make sure you guys have your zombie wallets ready. And the thing is, so when you have your Zaman wallet, you do need to connect it to the XRP cafe. So go to XRP Cafe, XRP Cafe, log in, connect your zombie wallet, finalize the trust line and then we're all set and then we're good to go. So a lot of good things also, everyone give a quick shout out where you guys are tuning in from, from coast to coast, continent to continent. You know, I know we have London in the house because got chilly Orlando, it's cold out there. Apparently over in Orlando. It was cold here last night. Went to maybe about 55, 56. We had the fire blaring for like five hours, which is really cool. So check it out. We got Sarasota, got Mike over In Sarasota, we got Pennsylvania, got Atlanta, got Puerto Rico, Joe Buds over in Puerto Rico. And then we've got Colorado, which is pretty high up in the mountains. If we're looking at like 10, 000ft up in Yeti country. Colorado. There you go, Chip. Belgium.
- [12:40]
Chip
Colorado. Denver is going to be playing the Bills next and in Buffalo next week, the playoff, playoff scenarios going. They blew out the Chiefs today because the Chiefs basically were playing their second and third stringers. But you don't blow the Chiefs out. But same thing happened with Buffalo. They lost to a team that only won three games all year. So that's what happens. You know, you rest your starters and you don't want your good guys getting hurt. So you're basically playing a college team. So you probably should beat them. You know, it's like, you know, we should beat them. So yeah, I mean if you looked at that and say, wow, Casey got blown out. Yeah, they weren't really playing Casey. They're playing guys that put on the jerseys and walk around with the helmets and stuff, but you're not really playing Casey or, or the Bills. So Bills had a couple starters here and there, but they had their third stringer quarterback out there who, who was pretty bad. So there you go.
- [13:28]
Jeff
And just for you guys to know, you only have to type in YETI one time because it gets, once it gets counted in the system, it's counted.
- [13:36]
Chip
Shout out to Crypto G. One time.
- [13:40]
Jeff
Crypto G. You met him in atl.
- [13:44]
Chip
I did meet him up in atl. I did. It was great. It was good. What an eventful evening. It was pretty cool. So I want to just put this last thing he said. Say what? This is the last one from Garlinghouse in his post today. Say what you want, but the Trump effect is already making crypto great again through his campaign and in the administration's day one priorities we are going to be. I'm telling you, man, cue the bull run. It's gonna be something big. And he says it right here. This is it right here. 2025's here in the bull run market is real. Damn right it is real. And I just love that Brad's not holding back. He's calling it the way he sees it now. He's. There's really, you know, and it's good. Like optimism is contagious. Optimism is what fuels everything now. You know, personally, I've seen, I've seen a couple people talking about a couple different things here, but look, it's not going to be a smooth Sailing for three months when you got the other party and the other, you know, people, unelected people who are trying to crash Trump, make them look bad. You know, the first three to six months may be kind of rough. There's going to be, there's going to be some downside, right? There's going to be. I saw a guy post a video today that said, nope, high prices are here to stay. You know, and then if you remember back when Obama knew that Trump was, you know, going to be president, he's like, what, does he have a magic wand? Turns out he had something because he certainly did turn it wrong. We were told the new normal was like 1% GDP growth. We were told that that was the new normal and expect, don't expect anything higher than that and just expect mediocrity. Now we've got a story of a New Jersey speaking about mediocrity. The New Jersey governor, a complete dope. He signs a bill that allows. Apparently they have a teacher shortage. So what does he do? You no longer have to pass the literacy test to become a teacher. So he doesn't, you can't, if you don't read, can't do basic math, this is all 6th grade level, by the way, then you can become a teacher. So what, I mean, what could be better? The blind leading the blind. I mean, it would be fantastic, right? This is where we are. And this is why Scott Pressler, who basically was a just, just a guy who devoted every single day of his world for the last three years to deliver Pennsylvania. And he went out and registered to hundreds of thousands of new voters. A lot of them were Amish, but he's now made a, he's made a new declaration and he says, we are going to flip New Jersey. We're going to flip the governor, and we're going to flip New Jersey Red. And I think people are ready for it. So there you go.
- [16:09]
Jeff
Definitely ready for it.
- [16:10]
Chip
Yeah. And that's what I'm saying, you know, Lindsey Graham. Look, look, the bottom line is, is like, great. You don't want to, you want to go against the grain. You want to, you want to go against, forget about Trump. You want to go against the American people, what the American people said that they wanted. Right? The American people voted because we have. I mean, first of all, you wanted basically more or less like a landslide, got the popular vote, the House and the Senate. Now you got two years, really, effectively one year before the, one year before the midterms start and the campaigning starts pretty heavy. But guess what? If you don't want to go along, great, we'll. We'll just go ahead and we don't forget and we will take you out. That's it. We, the people will take you out, not Trump. They'll go out, they'll work on the funding part of it. But that's kind of where we're at, Jeff. And I love it.
- [16:58]
Jeff
It's awesome. It's really. I like it.
- [17:04]
Chip
I like about votes when you're, when you're. I don't like when somebody votes present because they're just not given a true opinion. But if you're gonna be. If you're gonna vote yes or no, that's on the public record. And look at these assets. These are 158 Democrats who voted against deporting sex offenders. Okay? We've got this crisis that have been going on. The UK, we had 250, 000 young women raped predominantly by a certain group of people. And because they don't want to be called racist, they have decided to say, oh, it's okay. And in some cases, they've given family members or the people themselves longer terms. But here they are. Let's go through this list, okay? There's going to be some names we recognize in here. So I saw a bunch of them. People like Barbara Lee, Ted, Lou. What's that? You see Rokata there? Yeah. Rokana, Jeff, he's pro, but he voted against deporting sex offenders. Okay, these are the people who voted against Katie Porter, right? Remember, she ran for the Senate seat against. Hey, the Terminator, the Sherminators there, right? Maxine Waters. Nope, we're not gonna. No, we're not gonna vote. I mean, this is incredible, Jeff. This is insane. So what's even. Lois Frankel, my rep, which she's a complete ass hat in Palm Beach. Lois Frankel, man. Dude, she's a complete train wreck. But yeah, there you go. These are Darren Soto, but. But he's pro crypto. Yeah, but he doesn't want to deport Debbie Blabbermile Schultz. Jeff, down in your district over there, why don't we end up with two assets? Look up in Georgia, you know, Hank Johnson, another winner of all of David Scott. Man, these people are just incredible. Bizarro. Trying to think if I recognize any other names in here. But, yeah, this is all of them. They said, no, no, we want to keep the sex offenders in the country. We don't want to deport them. Right? This is what you do. You. You publicly shame people and you put Their name up. Rashida Talib. It's part of the culture there. Everything. Oh, my God. You couldn't get rid of the Dingles, right? First the husband, now. Yeah, it's just. You couldn't get rid of them. Ilana Omar. There you are. Benny Thompson. Look at this. Corey Bush, insane. This is the people who. Who said no, we don't think we should. Hakeem Jeffries, Shock and all. Surprise. Zandria. Okay. Suck or Cortez. Basically, yeah.
- [19:41]
Jeff
You know, it's shocking as Richie Torres.
- [19:44]
Chip
Richie Torres. This. This is insane. This is a party vote. Richie Torres is very strange. Jamal Bowman.
- [19:50]
Jeff
You know what that tells me? They had other. There was. You know, there must have been more going on.
- [19:59]
Chip
Well, I don't know.
- [20:00]
Jeff
Richie Torres, you know, these guys. Richie Torres has been so. You know, he's been moving. Right. You know, but maybe that's his vote. I don't know.
- [20:10]
Chip
Al Green. Yeah. You look at this list. I mean, bottom line is this is just disgusting. When you see this kind of crap going on, it's just. It's too much. Met a law man put this post up here. He said, you know, halting operation choke point 2.0 is not enough. A special investigator like John Deaton with subpoena power is needed to first identify who was involved, then determine whether laws were broken, probably, if so, prosecute the perpetrators, and then finally issue a public report. Pretty simple. He also sent this to David Sachs and Pam Bondi. David Sachs being the AI crypto czar. And then Pam Bondi, the new Attorney General, who. Jeff was Arthur General for how long? She was our Attorney General.
- [20:58]
Jeff
Yeah, she was awesome. She was one of the best.
- [21:02]
Chip
Yeah. So.
- [21:03]
Jeff
One of the best.
- [21:04]
Chip
Yeah. So it's. It's just incredible.
- [21:06]
Jeff
Jeff and a big happy new Year to Fabio. And he says, saying, looking forward to seeing you both down under. Why is that? Because the Wave of Innovation 2025 will be taking place very soon.
- [21:24]
Chip
Yeah. We'll be releasing the date once we have some more details, but, yeah, I'm also very, very excited about that. We got to get Fabio show. We talked about it. We gotta plan some time to get them back on here. Audio.
- [21:36]
Jeff
Get on the show.
- [21:37]
Chip
Yeah, that's it. I'm gonna have to do it. We'll have to figure out some time, which. I know it's. It's daytime over there. What's the 10am 1010 something.
- [21:44]
Jeff
They're two.
- [21:45]
Chip
10:30Am 10:30 over there. Yeah. And so we thought. When we think about. When we think about what all that's going on. This is another thing. If you listen in this interview, I saw a part of it, but this is, this one right here is in incoming border czar Tom Holman. He was on the, one of the tv, you know, the news programs this weekend. But he talks a little bit about things that have changed.
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Tom Holman
First of all, we got President Trump coming to the Oval Office and he's proven during his first administration, his, his leadership on illegal immigration was a game changer because, for instance, El Salvador went and take back Ms. 13 members. When I was the ICE director, it took President Trump 48 hours to get El Salvador to take back their criminal aliens into their prisons. Mexico didn't want to do the remain in Mexico program, but President Trump was able to get remain in Mexico, remain in Mexico established in Mexico. He was able to get Mexico put military in their southern and northern border. President Trump's a strong president. This administration has not forced these countries to take him back. And we have what we call third saved country. We already have countries, countries talking about taking back people from other countries. If, for instance, Venezuela don't take their people back, there's other ways we can do it. There's other countries be willing to accept them. We're hoping that President Trump will work with Venezuela like he did with Mexico and El Salvador and get these countries taken back. If they don't, they're still going to be deported. They're just going to be deported to a different country. We're not going to be held up on removing public safety trust in this country. We got to put, we got to put the safety of the American people first. First. We've had too many young women murdered and raped and burned alive by members of Venezuelan gangs. They need to be a priority under this administration. They're gonna be a priority starting day one. And they will be deported.
- [23:26]
Jeff
That's right. Any question, they will be deported?
- [23:29]
Chip
Yeah. No, another interview, they said, like, when is it going to happen? He's like, day one. Day one, it's gonna start. Yeah, kick ass. Listen, you know, it's like, enough is enough. People are waking up. Look, do the right thing. People want to do the best for their family. They want to. They want to work, you know, earn a good wage. They want to. They just want to be left alone. Basically. You don't want the government telling them 24, 7, shoving it down, you know, their throats about what they're supposed to do. And this is the new in thing. They don't care about that. They care about raising their family. They Care about freedom at the end of the day. And that's where decentralization is the big threat. We talk about it all the time. That is the threat, Jeff, and it's.
- [24:10]
Jeff
A threat to them.
- [24:11]
Chip
And that's, that's what they're, that's what they're mostly worried about. But that's fine. I mean, you know, that's what you gotta, you got to do it where, you know, take it where you can. And I just feel like we've got so much momentum that's bubbling up, you know. Watch this. So this is, this is what I see. These are just regular day people who. You didn't used to see this like five or ten years ago, right? Well, we didn't have the, the probably abundance of socials like we have now. Like the Tiktoks and Instagram has certainly transformed over the last 10 years. But this is somebody posting a statement and then somebody correcting. So here we go. You know what else is not in the Constitution? Real quick? She's a doctor. Continue. Do you know what else is not in the Constitution? You're right to vote. Voting, voting and voting. Remember, she's a doctor. Your right to marry. Marriage, marriage, marriage. She's a doctor. Right to privacy. Privacy, but she's a doctor. Your right to a fair trial by your peers. Fair trial, Fair trial. Fair trial, fair trial.
- [25:26]
Reporter
It's a doctor.
- [25:28]
Chip
There is also no mention of women or any women's rights in the Constitution. I'm not saying that the Constitution is not important, but it is outdated. You have never read it. You're a doctor. This is what I love. I mean people are just sitting there, edits. Yeah. People want to change. We got, we got to get rid of it. It's located. That was the brilliance of the, the Constitution was the, the founders got together and over a period of, you know, a number of years, them before they ratified the Constitution, before we added other additional amendments to it. How could they anticipate that this train coming off the tracks? That's what they try to think about. Right. That's why we have the second Amendment. It doesn't say you have the right to bear muskets. You know, it says bear arms. Right. They knew that weapons would evolve over time. Right. They go like, well, they didn't have multi shooters back then. They did. If you go back to the late 1700s, they did have them. Right. Where they could fire around.
- [26:35]
Jeff
That's right. And it even goes, you know, a step beyond that also. I mean if you think about it, you know, the second amendment, a well regulated militia being necessary to the security of a free state, the right of the people to keep and bear arms shall not be infringed. So it's not just the right to bear arms but also the net, the need for a well regulated militia, you know, and so that is also very important. And when you have to have a well regulated militia which is, you know, necessary for the security of the state in order to that then you have to make sure that the people are able to arm themselves. And then it's a matter of protecting yourself from any criminal entity, whether it's foreign or domestic, you know, and that's the point. So the government doesn't get to issue, they want to change it, change the constitution. The problem with so many people out there, they're, they're not reading the constitution, they don't even open the constitution. They want to claim it's outdated. Maybe it's, maybe it's because the constitution is too big, maybe it's too heavy. Maybe, maybe this is the problem, they can't read this. Is it that difficult to open this, open this up and, and you get to the, to that the amendment parts and start reading through it? You know, not everybody went to law school and had to read, you know, the pages and understand case law and stuff like that, but maybe it's just so difficult to read the, you know, 10 pages of amendments, you know, they, they just can't do it.
- [28:15]
Chip
Well, I think it's more about comprehension too. I think comprehension plays certainly a large part. You know, if you think about the idea that, you know, I mean the way it's word, I have a feeling that some people just don't have the comprehension skills. They'll read it, but they don't understand what it means. And so rather than dig a little bit further or try to gain some understanding, just, just a dumb document, we should change it and we should author and it's like one of the few die. It's the only constitution that limits the power of the government. Every other constitution basically tells the government how it can basically take its thumb and shove it down your throat. I mean that's kind of how it works. And it's funny, after almost 200 coming up on 250 years since the, since our, our basic founding in the US and it's weird that now other countries thought like maybe we should write our own constitution from the people up and tell the government what it can't do. Nah, let's just proceed with what we have.
- [29:05]
Jeff
You know, it Works so great.
- [29:07]
Chip
And this works fine for the government people and the officials. We don't need that. I mean, I even saw something from somebody on CNN who gave a, a testimony. I'll have to look for this thing. But this was a, this was pretty good to sort of share because some people are waking up on the left and they're going like, hey, how about some self reflection here? And others are just doubling down. They're like, no, full steam ahead. You know, you watch people be an interview and you say, well, did you see that? No. Okay, well, yeah, they don't show that in the liberal media. Well, did you see when this happened? No. That's because you live in a bubble and you want your perfect little bubble. And you know, I'm, I, I, I read lots of leftist publications and lots of stuff to see whatever. But you'll never see that go the opposite way. No, no, it's just the liars and the fake news and this and that. And you know, when we think about, when we think about blockchain, we think about interoperability. Think about how blockchains can, you know, if projects can have this interoperability between them, it's no longer about having this one thing, it's about how, how does it communicate. And if you look at the RL USD and Ripple's USD, their stable coin, you know, they basically positioned it for xrpl, but they also positioned it for, for Eth, for Ethereum too. Right. Because they're not trying to live in a little box, they're trying to go to a wider audience. And so you want to make it easier for people and you know, they'll incorporate more in Bitcoin, everything else. So like this is where it's at, this interoperability, this cooperation, this, you know, decentralized sort of thought pattern is shaking up the world. And that's where it always surprised me. And some companies that kind of left leaned a little left on the politics side. We're really pro crypto, but some of them are sort of rethinking it too. Like they're sort of winding things down and coming back a little bit. So I think there's some of that that's going on as well.
- [30:59]
Jeff
Yeah, yeah, yeah.
- [31:02]
Chip
That sounded like our drunk, our drunk soundboard guy. Yeah, yeah, yeah, yeah, yeah, yeah, yeah. With the clap, dude. The semi, the semi weird drunk. You know, sometimes you think like, ah, some things are coincidences, you know, like, ah, that's just a coincidence. Like there's so many coincidences. This is kind of weird. So President Biden gave out the Presidential Medal of Freedom. It's some made up award that the President gives you and you have a ceremony and. La, la, la. But check this out. This is the guy, this is the guy right here who got the who, who. This is with the guy that tried to assassinate Trump. Here he is in a picture with him and he's getting a Presidential Medal of Honor. Sure. Okay, that makes sense. I'm sure it's just a coincidence. Probably some random dude came up to him and took a photo. Probably what happened, Jeff. But I mean some of the, it's, it's just insane to me. The, the number of people that there's really. No, they don't masquerade it, they don't hide it anymore. They just, it's all just, you know, for the, for the world to see. Right?
- [32:10]
Jeff
Well, it's true. Look at that chip.
- [32:15]
Chip
Where's that? That's going out. Look at that. North America and Asia going off, man.
- [32:18]
Jeff
Look at those trades. 250, 000 trades in the last 60 seconds. 250, 000 trades, but no, 255, 000 traded in the past minute. XRP traded like every, every 60 seconds. Look at that. Just look at that number.
- [32:45]
Chip
It's beautiful, Jeff.
- [32:47]
Jeff
And then it sits there at all that movement. It's pretty impressive.
- [32:55]
Chip
Man.
- [32:55]
Jeff
You could, you just sit here and watch this all day. When you just go full screen, that could be the rest of the show.
- [33:02]
Chip
That's all right there. And there's other streamers that do that. That's what they do. They put that up there and that's pretty much all they do.
- [33:08]
Jeff
That's, that's all it does. People come on and hang out in the chat and watch that thing go. It's pretty impressive. Taking up a lot of resources. It's amazing how much resource this takes.
- [33:25]
Chip
The Italian prime minister was at Mar a Lago again, wasn't she just there like two weeks ago?
- [33:30]
Jeff
Yeah, there's some stuff. Well, things are heating up over in Europe right now. So, you know, we got, you got to get everybody ready. You know, things are definitely getting organized, getting coordinated. They had the big. Forget I. The big Jubilee. Big 2025 Jubilee is taking place over in Italy also. So that's exciting. Let's see, let's see. That is happened. Well, it's already happened basically right now it ends tomorrow. Tomorrow's the official end of the jubilee. That was the Catholic holy year that takes place in Italy from December 24 to January 6. It's a time of spiritual renewal and celebration. So millions of pilgrimage pilgrims have gone to visit Rome and the Vatican and, you know, the reconnection with faith and all of that. And it's, uh, it was amazing. When we were over there in October, you know, they were talking about the jubilee, and there were a lot of areas that we couldn't see because they were fixing and fixing things up, you know, so, like the, the fountain, you know, there were a lot of things that we couldn't actually see, but we did do, you know, the tour of the Vatican and the Vatican library.
- [34:58]
Chip
And so did you go to that special place in the Vatican where young people are tied up? Did you go to that part? I don't know. Did they miss that?
- [35:05]
Jeff
Yeah, they brought us right to the basement. Well, that takes place.
- [35:09]
Chip
One of the first things did, right? They're like, yeah, get you, like, let's get you set up proper, you know, Right. Look, I spent life around the Catholic Church. My, you know, my, my parents Catholic, grew up Catholic. Catholic schools, you know, the whole nine. The whole nine. My whole, you know, world. And still go to Catholic Church. But even though there's some, A lot of things that I don't necessarily buy, but I'm more into the, the Christian portion of it. But yeah, you know, there's, there's that, there's that sort of like, you know, they say the only thing worse than Catholic guilt is Jewish guilt. So I think the Catholic part, like, you feel like you have to go, like you feel like it's been pounded into you. Like, you know, you got to kind of like, you know, you know, show up once in a while and do your theater thing. But yeah, there's that part of it. Let's, let's go into. Did you see what happened when, when Hillary got her medal, Jeff, I don't know if you saw this, but. So Hillary Clinton also got the presidential, you know, freedom. What is that? Medal of Freedom honor. Here it is. Watch what happens after. I'm see if you catch this. What happens right after. Get it? Ya go. Watch now watch this. So hilarious.
- [36:45]
Jeff
God.
- [36:48]
Chip
I mean, it's kind of weird. Like, I mean, I'm surprised more people didn't talk about. This is insane. There it is. There you go.
- [37:12]
Jeff
Looking good. Breaking by Wednesday, Justin Trudeau expected to announce resignation as Prime Minister of Canada. The Trump effect is real and, you know, good man.
- [37:25]
Chip
And Pierre Polyev is probably again. Jeff, it's, it's. He's, he's so fantastic. He was on with Jordan Peterson, who Has a amazing podcast. He's on there for an hour and a half. I listen the whole thing. Guys, just quick, man. Guys just on fire. And I think it almost. I think it almost warrants playing the. The pure, pure. What do you call it? Interview again. It's just so good. Let's see. Here we go. Here it is. How to find it.
- [37:53]
Jeff
Play that. And then we're going to talk about Pablo's question.
- [37:56]
Chip
Yeah, we definitely will. Well, let's just watch this. And this is an honest is going to be the next prime Minister of Canada. And man, this is. We're just in for a roll. We're just looking this video.
- [38:06]
Jeff
I stocked up on apples.
- [38:08]
Chip
Yeah, they should have an Apples are. So anytime he shows, Porter starts talking to him, he just starts eating an apple while he's doing the interview. Like, this is what I'm hoping. Like, yeah, okay, do whatever you got to do, but please have an applesauce so they can hand you a fresh apple. Because maybe it'll be a Fuji one time, maybe it'll be a crisper another time, you know, maybe a Granny Smith to kind of change it up a little bit. But this is what you do now. You just some reporter so from the mainstream media shows up totally unprepared to pretend to have an interview. This is like from two years ago, but here we go.
- [38:44]
Interviewer
On the, on the topic, I mean, in terms of your sort of strategy, currently, you're obviously taking the punch. Populist pathway.
- [38:52]
Reporter
What does that mean?
- [38:54]
Interviewer
Well, appealing. Appealing to people's more emotional levels, I would guess. I mean, certainly, certainly you, certainly, certainly you tap very strong ideological language quite frequently.
- [39:07]
Chip
Like what?
- [39:09]
Interviewer
Left wing, you know, this and that. Right wing, you know, I mean, it's that. That type of.
- [39:14]
Chip
I am a red tail.
- [39:15]
Interviewer
Talk about left or right anyways a lot.
- [39:17]
Reporter
I don't really believe in that.
- [39:18]
Interviewer
Okay. A lot of people would. Would say that you're simply taking a page out of the Donald Trump.
- [39:24]
Reporter
Which people would say that?
- [39:26]
Interviewer
Well, I'm sure a great many Canadians. But like who? I don't know who, but.
- [39:33]
Reporter
Well, you're the one who asked the question, so you must know somebody.
- [39:36]
Interviewer
Okay, I'm sure there's some out there. But anyways, the point of this, the point of this question is, I mean, why should, why should Canadians trust you with their vote given, you know, not, not just the sort of ideological inclination in terms of taking the page of Donald Trump's book.
- [39:54]
Chip
But what are you talking about? What page?
- [39:56]
Reporter
What page? Can you give me a page? Give Me, the page.
- [39:58]
Interviewer
You keep saying in terms of turning things quite dramatically, in terms of, of Trudeau and, and the left wing and all of this. I mean, you, you, you make quite a, you know, it's, it's quite a play that you make on it. So I'm, I'm not sure.
- [40:11]
Reporter
I don't, I don't know what your question is.
- [40:13]
Interviewer
Then forget that. Why should Canadians trust you with their vote?
- [40:17]
Reporter
Common sense. Common sense. For, for a change, we're going to make common sense common in this country. We don't have any common sense in the current government. You know, the guy prints $600 billion, grows our money supply by 32% in three years. That's growing the money eight times faster than the economy. No wonder we have the worst inflation in four decades. I'm going to cap spending, cut waste, so that we can balance the budget and bring down inflation and interest rates. You'll want to be able to pay your mortgage again. You want to be able to afford rent. Then you have to vote for Pierre pov, because I'm the only one with a common sense policy plan that will bring back the buying power of your paycheck.
- [41:03]
Chip
Masterful.
- [41:06]
Jeff
The buying power of your paycheck.
- [41:08]
Chip
That's right. You want to be able to afford your rent again, your mortgage. Vote Pierre Aliev. There you go. Guy is going to be fantastic. And if you really want to go, check out a really fantastic interview, he breaks it all down. And I know there have been clips, but that the. Jordan Peterson is excellent. It's about an hour and a half, but if you like driving in the car somewhere, just put it on. It's, it's really good. You'll really get to see in contrast, what a real leader looks like, who's got really good backing, strong foundational stuff, people ready for cabinet offices. You know, I mean, probably not as well known as some of the people that Trump's putting in there, but these are people who are ready to go to work, get to work, and, you know, do. Do the work of the people. And that's what I, that's what I really thought kind of came out of the interview. And the guy's like, he's on fire. He's prepared, right? But this is it. Make Canada great again, make every country great again. Right? Make Australia great again. You know, make every country. And Trump said this at the UN Speech. Listen, I'm talking about America first, but you should be putting your country first. Every decision you make should be in terms of what benefits your country and what makes it great? That's it. And that's it. So if everybody kind of goes into it with that sort of mindset instead of trying to needle the people, you know, torment the people better than talk down. That's not what it's about. You're going to have a better functioning society. If it's we the people that come together and we, we have a sort of a government, is it, is it going to happen? Is it going to be some utopia? No, it's not. It's never going to be. There's always going to be opposing forces. But I think, I think we can get the. Hey, put that up, Jeff. And I'm like, stop. Yeah, I was just getting into it, but I'm not going to go on that much of a rant there. I'm going to kind of slow it back a little bit. But. But yeah, don't get me started, Jeff. Don't get me started. But that's, that's where it starts.
- [42:55]
Jeff
That's right.
- [42:56]
Chip
This is it right here. How to uncut 101. Pretty much give me the page. What's the page?
- [43:02]
Jeff
Boom.
- [43:03]
Chip
I don't know what you're talking about. There's so many great one liners in there and I've seen it so many times, Jeff, that it's just like every once in a while we ought to play that. But it's just like walks up to him, ask him a question. The apples are, tosses them an apple. He picks it out of the air and starts eating the apple. He should even have. You know how we have our lemon trees.
- [43:26]
Jeff
That's right. He needs an apple tree.
- [43:30]
Chip
Like a little apple tree in the back or apples hanging or like even bushels of apples. You know those, those would be great.
- [43:37]
Jeff
Get knocked over a bushel filled with.
- [43:39]
Chip
Apples, the apple stacked up. I love how you own a 101. That's exactly it.
- [43:46]
Jeff
Exactly. So go check this out. Badass. Yetiscoffee.com go check out some Obsidian Bold, some noir symphony. If you like the dark roast. Get the whole bean. And stay tuned over on the Discord because we are making an update. So there'll be bigger discounts coming for those with the yetis and it's going to work for both the blue and the white. We're just fixing the discounts and that'll be rolling out pretty soon to get some updates on that. And I think that'll. People will like that. People be really happy, which would be really cool. Man. Chip, this is a lot of, lot of Great things going on here. Looking at the chat, you know, people that are are coming in, which is really cool. It love to see people talking about the yeti. Why? Because we're giving away a badass yeti today. Going to give away one of the badass yetis from the white tribe and we're giving away this awesome ash yeti. So if you haven't typed in yeti, type in yeti. If you haven't hit the thumbs up yet, make sure you hit that thumbs up. If you haven't subscribed, make sure you subscribe because those are the things to do whether you're watching on the live or on the replay. If you're watching on the replay, you can't really type in yeti and win. It doesn't work that way. But you could jump over to the discord and if you come over to the discord, you can enter the drawings on the discord. So I'm going to throw in the discord channel here. In one second, there'll be a link to the discord where you can say or where you can join in and wait and stay tuned for the next giveaway that we're going to be doing on the badass yeti's discord, which is now badassery. It's a badassery discord. So we're getting ready to do this drawing and then as soon as we do the drawing, make sure you guys have your X Zaman wallet ready to go. Because if you have the Zaman wallet ready to go, guess what? That's how we need the address as soon as you win. So stay tuned for that. And we might even just do the drawing here in a minute. That way it gives people time. We're not pressed right at the end. We can wait for someone to get their wallet.
- [46:03]
Chip
So if you guys want, you're interested in winning a badass yeti and you have a Zombit wallet. So once person that wins will have to type in, I'm here, I'm getting my wallet address. That's it. That's all you have to do. And we will know that you are here and we will be able to 26 people right now. So it's one of 26 chance C dubs, what's up? Go Bills. Bills lost today to the third stringers. They lost to a college team. I mean, the New England beat a college team basically today. So there you go.
- [46:33]
Jeff
Yeah, that's how it goes. All right, so why don't we chip before we Talk about the 4$XRP and beyond. Why don't. Why don't we do the drawing? Because we're. We're kind of at that point. Get their stuff ready to go here.
- [46:47]
Chip
Last chance to type in yeti. No takers.
- [46:49]
Jeff
Okay. Five, four, three, two.
- [46:52]
Chip
Chiefs did two. Yeah, the Chiefs had their third and fourth stringers. The Chiefs had people that they signed yesterday to go, Bills, baby. Yeah, that's why Bill's body right there. But Justin's right. I mean, they, like. If you look at the score and say they blew out kc, Nobody from Casey was even. Yeah, they might have seen the logos on the hat, but nobody was even playing for Casey. I didn't even. I didn't recognize any of those names. I don't even know who's there. Yeah, there's. Broncos fans. Well, the Broncos are going to get blown out by the Bills next week, so don't worry about that. Broncos go to Buffalo, so they're going to go on a high, and they're going to get some reality. So. Yeah, there you go.
- [47:27]
Jeff
That's right.
- [47:28]
Chip
The real team is undefeated at home, but not. Not the second and third stringers. All right, we got 28. Let's do it. Ready? Let's do it.
- [47:34]
Jeff
Let's roll.
- [47:35]
Chip
Let's go. Ready? Draw. Let's go. What do we got? Who's gonna win? Who is it gonna be? Let's go. Come on now. Don Thompson. Winner here, man. Sean win another one. I know Sean's. It's another winner. He's getting. He's getting a tribe together. Sean, if you're there, baby, type in. I'm here. Getting my wallet, address. And you. You can. You can DM it if you want. If you want to DM it to me. Actually, you know what? We already have it. Jeff, don't you already have it in. Yeah, we do.
- [48:08]
Jeff
No, have it already looking. Yeah, I don't have it.
- [48:14]
Chip
I do. I'll give it to you.
- [48:16]
Jeff
When did he win? I don't have one list in here.
- [48:20]
Chip
One. Two weeks ago, maybe three weeks ago. Maybe it was four weeks ago. He won.
- [48:24]
Jeff
Oh, here he is. But the address isn't here.
- [48:27]
Chip
Oh, I always put the address in the spreadsheet, so, you know, messages me put in looking for it here.
- [48:38]
Jeff
Look at that. We do have it, John. If not, you might as well send it over again just in case.
- [48:47]
Chip
Looking through. Oh, you know what? I think he sent it to us on the. On the. On the chain one, because I don't see it here. He didn't send it to me. It Was on the chain.
- [48:59]
Jeff
The chain, yeah.
- [49:02]
Chip
Click over to on the chain and DM should see it.
- [49:05]
Jeff
See if it's there.
- [49:07]
Chip
There you go.
- [49:08]
Jeff
If not, you can send it again.
- [49:11]
Chip
There you go. Yeah. Or you can just send it to me. I can change here. Let me change over to the on the chain account here.
- [49:18]
Jeff
No, I'm on it. I don't see it.
- [49:21]
Chip
I know you DM'd it.
- [49:23]
Jeff
Must have sent it to you directly.
- [49:26]
Chip
I don't have it. If you want, Sean, send it to me again.
- [49:30]
Jeff
Send it again.
- [49:32]
Chip
X. Because I don't. Let's see. Nope.
- [49:44]
Jeff
I'm looking to see if there's anything in a joint chat. Nothing. Got nothing. I got nothing. So, Sean, you got to send it again. He's going to send it again. Cool. All right. While he's working on that, Pablo brought up a four dollar xrp. Now, right now we are sitting at a total number of. Chip, Drum roll. You know what we're at right now? All right, 2.39.
- [50:21]
Chip
Yeah, we were at 250 earlier. 240.
- [50:24]
Jeff
Yeah, it was like 250 all time high, depending on who you ask, where you look. Let's call it, let's say 380. So we're still a $40 off of the all time high. We hit the all time high. It's exceeding $4. Is it going to happen in the next short period of time? Chip? I think post January 20th, we saw Bitcoin had its run, my opinion anyways. And a lot of it's due to fomo. A lot of it. It was due to positive market sentiment. The entire stock market has been trending in a positive direction because of the trim, the, the Trump victory. But then you get, you get the excitement, you get the passion. It's kept the market high, but it hasn't been pushing like new. You know, bigger highs. You know, I mean, you look at some of the stocks leading, leading the way, like paler. Has been pushing big numbers, obviously some others as well. So all that excitement post January 20th, you're gonna, we're gonna start seeing that the Trump administration is actually sticking to their agenda. There'll be more positivity in the market. It's all just based on positivity. Forget about any of the fundamentals, but that the positivity is going to bolster the fundamentals in terms of economic growth, and the economic growth is going to further stimulate more positivity. The stock market goes, Bitcoin goes, XRP goes. You know, and that, that's how I look at it right now. Chip, what are your thoughts?
- [52:05]
Chip
You have the light, you have the wallet, address?
- [52:08]
Jeff
Yep, I got it here.
- [52:09]
Chip
Be good. Look at this right here.
- [52:12]
Jeff
What are your thoughts on the Chip, your comment on the whole thing, what.
- [52:16]
Chip
I just said, I have nothing to add to it. 100 agreement. It's going to be more positive. I mean, there's gonna be some bumpy roads. Man, that's. Let's not, let's not sugarcoat it. You got the other side trying to collapse stuff, trying to collapse everything, the economy, trying to get us into a war, trying to provoke. Yeah, there's gonna be some rough sailing. But I think, you know, the good always prevails. So we'll get there. I think it'll take a little bit of time, but I think eventually we'll get there. I mean. Yeah, but look at this. Dystopian Britain. 20 months in prison for social media posts. But 6 month in prison for killing a teen with a machete. And there he is right there. See that goofy wig he's wearing? Look at this.
- [52:57]
Jeff
Sean confirming. And look at that. You can't do that with bitcoin.
- [53:07]
Chip
Elon Musk.
- [53:11]
Jeff
Those, those wigs, those are awesome.
- [53:16]
Chip
This clown looks like he bought that wig for Party City liquidation sale. Look at the outfit.
- [53:25]
Jeff
So horrible though, man. Killed people in a machete attack.
- [53:31]
Chip
What in the hell's going on? What? The police.
- [53:33]
Jeff
Oh, the whole thing that's going on over in the UK is just so. It's so. Everything is so backwards, you know, and you talk to people that are over there and you look at, you know, how they're, you know, causing people so much pain. You know, people that are posting on social media, you know, and that's it. You say something on social media and then all of a sudden it's gonna, you know, it's gonna have a negative impact on your life because you had a comment or if you have a comment, you just say it out in public. You know, the reaction to things are just so. But we were heading down that path in this country too. I mean, we saw it happening and the people finally, you know, said, enough's enough, we're not gonna allow this to take place anymore. And we, we'd have to. We were walking on eggshells on YouTube still to some extent, you know, because of algorithm, because they had. Think about all the people at X, how many people are employed. They get rid of 80% of their employees because the majority of them are monitoring and blocking people. You know, we had our YouTube channel to delete it. Not. Not just put on hold, but the whole channel was just deleted. You know, it was crazy.
- [54:41]
Chip
While.
- [54:42]
Jeff
While in the middle of a broadcast, Chip calls me up and he goes, what's going on? I'm like, I'm middle of a live stream. And he was in San Diego traveling that day. Oh, San Diego, that's right. You're. You're at the bar or something. You're like, you're not streaming right now. I'm like, what are you talking about? I'm live. Deleted. Deleted. But those are the things that were going on that you couldn't say anything. So X elon Musk, you know, purposely, you know, putting in that purchase that was. It's like a salvation, right? We got, you know, this is all meant to be. All the things that are coming together, the positivity that we've been able to maintain for the past four years, because knowing that American ingenuity and the American people as a collective, won't put up with what had been happening now, other countries, man, you're not protected by a constitution. It takes so much more for people in other countries to get together and. And revolt. And you think about. They can have no confidence votes in Parliament, they can have multiple. It's just. It's crazy how the par parliamentary system works, which is why Trudeau is so entrenched in Canada and the reason why it's so difficult to get them out because of the parliamentary and system. Forget that. I mean, we have our own problems with corruption here, with the deep state it's prevalent and that we're getting rid of it. You know, a lot's going to change. Think about how much impact you guys have from a defi. Decentralization perspective is so critical. It just. Everything that's going on right now, it, you know, it's meant to be. You know, it's all positive and everybody's learning the last four years, in my opinion, and we even said it when it started happening, had to happen. People had to suffer pain to realize what. What they had and what we were losing.
- [56:39]
Chip
Look at this comment here. Osman says UK really urgently needs their own Trump and Elon. It's all going backwards at the moment. They have them.
- [56:46]
Jeff
Right, exactly.
- [56:47]
Chip
And he's rising in the polls. And this is the guy that's going to be the next prime minister right here. This is a guy that's at Mar a Lago every other week. This is another guy who's, you know, in the image of a Trump who's been fighting, you know, for years to do the right thing. And now, now that they're feeling the pain, he's starting to rise. And if you want to see right here, there it is. Elon Musk calls for Nigel Farage to be the prime minister right there. He's running a new party called Reform uk. And there you have it. And Elon Musk has been a big, big endorser of, you know, so you do have them. You don't have. You do have an Elon and a, and a, you know, a Nigel Farage. And this is, guys like, this is where we're headed, you know, ultimately. And you know why I'm excited about Trump coming back into office, Jeff? Because of the way he talked to the press. Here's a little bit of a. A little bit of a montage. We're not going to play it all because it's long, but here you go.
- [57:37]
Donald Trump
Adrian, between you people, don't answer. Don't talk to me that way. You're just a. You're just a lightweight. Don't talk to me that way.
- [57:44]
Chip
Don't talk.
- [57:45]
Donald Trump
Talk to. I'm the president of the United States. Don't ever talk to the president that way. I take the take. Well, I'll give you voters. I will give you voter suppression. You just have to sit down. Please sit down. I didn't call you. I didn't call you. I didn't call you. Okay, question. Yeah, go ahead. Sure. She's shocked that I picked her. It's like in a state of shock.
- [58:10]
Chip
I'm not thinking.
- [58:11]
Donald Trump
That's okay. I know you're not thinking. You never do.
- [58:13]
Chip
I'm sorry.
- [58:14]
Donald Trump
No, go ahead. Go ahead. How many cases were in the United States when I did my ban. How many people had died in the United States? Keep your voice down.
- [58:25]
Chip
Please.
- [58:25]
Donald Trump
Keep your voice down.
- [58:26]
Chip
Do you want him to rein in Robert Mueller?
- [58:30]
Donald Trump
What a stupid question. That is. What a stupid question. But I watch you a lot. You ask a lot of stupid questions.
- [58:38]
Chip
You didn't let me ask my question.
- [58:40]
Donald Trump
You've been asking a question for 10 minutes. Please sit down.
- [58:43]
Chip
The argument is that you bought yourself some time.
- [58:45]
Comedian
You didn't use it to prepare hospitals. You didn't use it to ramp up testing.
- [58:50]
Donald Trump
You're so disgraceful. It's so disgraceful the way you say that. Look, look, you know you're a fake. You know that your whole network, the way you cover it, is fake. And most of. And not all of you, but the people are wise to you. That's why you have a lower, a lower approval rating than you've ever had before times probably three.
- [59:09]
Jeff
What do you say?
- [59:10]
Chip
The Americans were scared, though, I guess nearly 200 dead, 14,000 who were sick. Millions, as you witnessed, who are scared right now. What do you say to Americans who are watching you right now who are scared?
- [59:22]
Donald Trump
I say that you're a terrible reporter. That's what I said.
- [59:26]
Chip
You said repeatedly that. That you think that some of the equipment that governors are requesting they don't actually need. You said New York might need, might not need 30,000. You said it on Sean Hannity's Fox News.
- [59:37]
Jeff
You said, you know, why don't you people act?
- [59:40]
Donald Trump
Let me ask you.
- [59:40]
Chip
You said, why don't you act?
- [59:41]
Donald Trump
Why don't you act in a little more positive. It's always trying to. My question to you, get you. And you know what? That's why nobody trusts the media anymore.
- [59:49]
Chip
My question, how is that going to impact.
- [59:51]
Donald Trump
You didn't hear me? That's why you used to work for the Times and now you work for somebody else. Look, let me tell you something. Be nice.
- [60:01]
Chip
Be nice. Let me tell you something. And Jeff, tell me if any of this sounds familiar here. This. People talking about bitcoin. Here, listen to this.
- [60:09]
Jeff
I can't wait.
- [60:10]
Comedian
Hey, man, have you bought any bitcoin yet? No, I'm not stupid. Bitcoin's like a giant pyramid scheme. It's like Amway for money. It doesn't make any sense based on my inability to comprehend new thoughts and ideas. Have you bought any yet? No way. Bitcoin's way too volatile. Yeah, case in point. Did you know if you would have put $10,000 into Bitcoin back in 2010, that same $10,000 would now be worth $96,939,950. But that same $10,000 held in US currencies since 2010 would now be worth $8,840 after adjusting for inflation.
- [60:50]
Chip
Right.
- [60:50]
Comedian
That proves bitcoin's volatile. And volatile is a word that scares me because I don't have any testosterone in my body. I wouldn't buy bitcoin even if I wanted to because I don't know how. What do you have to do? Like go on the Internet to buy it or something? So stupid. I'm not going to do that. Nothing is worth doing if you have to learn how to do it. The price of bitcoin might be going up exponentially. Exponentially. But that makes me insanely cautious about it for some reason. Well, yeah, that's not how money is supposed to work.
- [61:19]
Chip
Right.
- [61:19]
Comedian
Normal money is a store value that continuously loses value. That's how it's supposed to be. I love fiat currency. Storing your value in US Currency is like holding ice that melts away in your hand. And I say, good, I want the ice to melt because ice is too cold and not volatile at all. It just predictably melts away. You said it. And with Bitcoin, there's only a finite amount of it that will ever be in existence. And that kind of security is only going to hurt the long term value of it. Precisely. And did you know 40% of all US dollars in existence were printed in the last 12 months? And that's what makes regular currency so valuable. Because they can print an unlimited amount of it.
- [62:04]
Chip
It goes on for a long time.
- [62:05]
Comedian
Which makes the value of what you hold in that currency go, typewriter. Why not?
- [62:14]
Chip
Reason away. He's not a. He's not a typewriter. Typing. Typing a letter or something, man. This guy's funny. I forget his name, but he's good. Kiss and stuff. But anyway.
- [62:23]
Jeff
Oh, my God. That was too funny.
- [62:25]
Chip
All the time we have, man. We ran out of time. Look at this, man. We're an hour into it. People got their yetis. Everyone's excited. We'll be back on Wednesday. Jeff will be back. I will be out on Wednesday. But I'll be back on Saturday morning.
- [62:40]
Jeff
Wednesday, Wednesday, Wednesday.
- [62:44]
Chip
Doing the show solo on the chain.
- [62:46]
Jeff
Wednesday.
- [62:49]
Chip
There you have it. That's all we have, guys. Very much for the people.
- [62:53]
Jeff
Look at that. Boom.
- [62:56]
Chip
He's wearing a Gilligan hat. Yeah, I have one of those. Like that a little. Hey you little buddy.
- [63:03]
Jeff
We need to get it on the chain shirt that looks like we the people written says on the chain like.
- [63:08]
Chip
This, man, look at. Sean's got some just. He's got a statement by Stash of.
- [63:18]
Jeff
Come on. Look at that. Crypto. Crypto. Yelp. Welp. Got the yeti.
- [63:24]
Chip
Thank you for staying up with us, man. Really appreciate it. Right here on time today. So that's all we have. Top marks. Thank you very much. Appreciate that. Smash the like on the way out. Please do that and we will see you guys on the next one. Right, Jeff, please go ahead and like subscribe if you're new here and if you. And if you don't want to subscribe, then keep it to yourself. That's what I always say. So that's all good. We'll see you guys on the next one. You guys show up on Wednesday. Jeff put together another great, phenomenal show. I'll see you guys back on Saturday. Chip and Jeff. Oh. See you guys in the next one. Are you down with otc? Please, like, subscribe and click the bell to be notified when the next video drops.