← On The Chain - Blockchain and Cryptocurrency News + Opinion
On The Chain - Blockchain and Cryptocurrency News + Opinion
Why XRP Is Winning: Payments, ETFs & U.S. Trust Bank Approval
01:34:52
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Live.
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B
Welcome to on the Chain. Glad to be here. This is Jeff here with co host Chip. Now, Chip, imagine this. Imagine sending money across borders and having no idea if it's settled when it's going to arrive or he who's even holding up your money. Now that's not crypto. That is the legacy financial system that we all have to deal with every time, single day.
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C
Yeah. So tonight, let's break down why Ripple and the XRP ledger are built specifically to actually solve that problem. Why regulars, banks, ETFs are now lining up, man.
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B
That's lining up. That's right. And then there's the big elephant in the room. Ripples, escrow, the Clarity act and whether XRP's commodity status is being deliberately delayed.
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C
And so while the ripple is threading the needle between innovation and regulation, governments.
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B
Around the world are doing the exact opposite. They're tightening control, escalating conflict, and breaking that trust between you and I.
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C
So let's jump first. Head first, I should say, into the shallow end. Why, Jeff? Maximum impact. Let's go. I didn't realize how much I had, how loud I had that cranked up in my headphones. I was like, wow. Blew my earphones. My ear. Look, Jeff, I got the mini ponytail going. Look at that.
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B
I'm back, baby. All right.
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C
Yeah.
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B
But I just want to make this quick announcement. We have something very special for anyone that's here with us tonight. We have the Christmas holiday Badass Yetis special. Thank you, Chip, for getting all these cool little guys together.
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C
We zoom in on those things so we can see them a little better. But we're going to be doing a giveaway not 1, 2, 3 or 4 yetis 5.
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B
Look at this, guys. Look how kick ass this guy is. Look at that, man. You gotta love that.
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C
He's got his little reindeer bell with the bells. He's all ready, dude. He's ready to go.
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B
That man. And then we've got this, got this one of the Templars from the Blue Tribe. These guys all get together to hang out. And look, he's got his. And he's got his winter gear on because, you know, he's got all of his stuff there.
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C
They like to dress up for the holidays, you know, like to get festive.
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B
Oh, yeah.
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C
Which is always.
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B
These are all cool little guys. Look at the Pathfinder. Big smile on his face.
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C
He's got a gift for you, Jeff. Look at that. He's bearing gifts. I like that. He's got a little gift in his hand. Little tree in the Background.
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B
Love the tree. It's not quite a lemon tree. It's a Christmas tree.
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C
It's a Christmas tree with lots of lights on it.
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B
That's right. Now here's one of the mentalists. Now, he doesn't talk, but he will blast your mind. Each one of these guys has a name as well. This is Noel Null.
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C
Noel Null. I love it.
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B
Noel. No.
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C
Jeff, what is this?
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B
Last finder is frost bell. 1226. And that. I forgot to get it. Give all the names. The templar is Snow Cleaver.
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C
Love that.
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B
This guy here. The bandit is bell snare. 12:25.
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C
Nice.
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B
Then last but not least, this guy comes to us. He's the only one we've ever seen in the native laying cat was going to say in captivity, but he's the only one we've seen out in the wild. And this, his name is Voidborn. He is the badass yetis of the Black Tribe. So far, he's the only one that's been minted and so, yeah, click on.
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C
Him so we can see. So the Black Tribe. That hasn't been released yet, but it'll give you a glimpse into what the Black Tribe. Zoom in a little bit.
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B
Look how cool this guy is. This guy is called Voidborn. He's got a little bit of a history behind that name. But this guy, I love all these guys. Look at that, man. These guys got some.
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C
The unreleased Black Tribe. Jeff. We have a purple Tribe as well.
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B
We have a purple tribe as well. This is the unreleased Black Tribe. So if you get into. There's a little bit of a description with each one of them. He was not raised, he emerged. Void born is what remains when memory refuses to die. Born in the absence between winners. He carries no origin story, only outcomes. His presence doesn't announce itself. It settles like weight on the chest like a thought you can't shake. The Black Tribe doesn't record victories. They leave marks. Voidborn is ever mark incarnate. Proof that some forces are not meant to fade where he stand. History pauses again.
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C
There you go from the unreleased Black Tribe there, Jim D. You're just joining us. You're just joining us. We are giving away 5, 5 holiday Christmas themed yetis. These are what original one offs. This is going to be a very special night because it's our last broadcast of 2026. We will be back with you guys probably that Saturday after New Year's. Jeff and I just got too much going on with family, friends and all kinds of events and stuff we got to deal with. So it's time to take a little bit of a sabbatical. We've done it before, so. Right.
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B
Visual vendetta. Would have. Would have loved being 14 and friends with Jeff playing GI Joe.
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C
How great would that have been, Ben? That great.
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B
And I love GI Joe.
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C
We should do a GI Joe. We'll call him GI Bob or Tom or something so it's not going to be distracted. We'll do our own. Our own NFT series. I love it. GI Yetis. A militant Yeti.
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B
That's right.
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C
It'd be great too. GI Yetis. Why not? Why not? Woohoo. See, so you got five chances, guys, so stick around to the end. Five people are gonna walk away winners tonight. Winners. You're all winners anyway, so. Merry Christmas, OTC family. Merry Christmas indeed. Trump is the truth. Yeah, he's actually on tonight and unfortunately my one buddies are gonna watch him. Like, bro, I got a podcast to do. What do you think this is? I think I'm gonna sit. What do you think I'm gonna delay the podcast. No, man, that goes on. It's the last show of the year. We got five Yetis to give away. And so so far we have five entries. That means some. All five of you are gonna win unless we get more entry.
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B
Kick ass.
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C
It just stays at 5. That means everyone's a winner because everybody's the one again. You can't win twice in the software. So let's see if anybody else will put Yeti in there. GI Simon and GI Kev. There you go, There you go. That's how it works. You see, that's exactly how it works right there. Gotta turn down the aids. Aids here, the hearing aids. Hearing aids, yeah. That was loud, dude. That was loud. Yeah, it was a little bit. A big shout out to Eyes Wine. He's probably burning the light up a cigar tonight while he's watching.
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B
I was burning the fire last night. It went down to 68, went out by the water.
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C
Oh, that's like. It was 65, 64 last night. 9:00pm the press talk. So that's good. But I'm gonna be. We're gonna be giving away Yetis by then, Jeff, right? Yeah. So give zero after about that. By the way, I watch all the clips on. On the X anyway. Or anything that needs to be said. I don't know what he's talking about tonight. He's doing something.
- [07:33]
B
Something to do with Venezuela.
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C
Oh, well, that's. Yeah, there's so much. It's not what you see. Face value. None of this stuff is face value. There's deeper stuff going on, man. There's a lot of, it's a lot of political under things that are going on in the background. But we're not going to get into it right now.
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B
49 countries blocked entry into the US.
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C
What we're going to talk about here, Jeff, is there's a video here on bridging the gap between cutting edge tech and regulatory reality. We've got Mayuka Vadari, she's a the senior staff software engineer over at Ripple X and so she's going to kind of lead us through here. I did see her briefly. I think I saw, I thought I saw her at the XRP Community night but there were so many people I wanted to go talk to and I couldn't get to everybody. But how cool was that that we, David Schwartz come leaving the party. We got him on, we got him on the live stream. That was pretty cool. Very cool. That was very cool. So let's listen to Mayuka here how she explains how native program programmability positions. The XRP ledger is the ultimate chain for moving Valley value freely, easily and with regulatory confidence. So here we go. There's a whole episode of this. But this is just that. I'll take. Let's do it. Sure.
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B
That we make the XRP ledger a place where projects, companies can transact more freely, transact more easily, but can still satisfy all their compliance and regulatory needs.
- [09:07]
C
Programmability on the xrpl. There you go. And Mayuka's very, I like the fact that she's very active on X and puts on a lot of cool stuff and you know, she responds to people too like she's super active. She's not just sitting around doing nothing. Right. So I, I really kind of like that that she's super active because not everybody is, you know, not everybody has time to be, you know, that actor. There's a lot of people. Luke Judges is another one who's an up and comer. Oh, he's really starting to get some, get some traction now. He's not. He's everywhere, man. This guy likes my post. I like his post. He comments everywhere. I just love to see people from Ripple who are super actively engaged with the community. Because it's all about the community, Jeff.
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B
It is. It's all about the community.
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C
It's all about the community. And you know, somewhere else, I mean everyone's starting to really understand how big this XRP community is and we're hearing that quite a bit. I'm seeing it like with Other chains like what are the most engaged chains? Like who are the most engaged communities? People know it's xrp, rabid crazy people on xrp. But that's. There you go. And look at this Jeff G Treasury. This is an acquisition by Ripple. They're still waiting. Are you still waiting days for cross border settlements? Finally time to wave the goodbye to the old treasury management. Corporate treasury has been stuck with the same limitations for decade trap liquidity, slow settlement, excessive payment costs, digital asset infrastructure changes without the hype or risk. And this is like Jeff, we've talked about this so much but adding the treasury capability, pairing that with Ripple, being able to move cross border stuff, being able to have the liquidity everything. And you can see why Ripple acquired G Treasury because of the problem with liquidity. You know we talked, you talked about this, about the slow settlement up front, Jeff. That's all the things that make it really a pain in the ass. So this guide breaks down how proven solutions deliver the 247 settlement versus waiting for banking hours. Can you believe that that's still happening in treasury management? 60 to 90% lower cross border costs versus your traditional.
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B
Trump said broken. Said traditional finance broken.
- [11:20]
C
It's broken man. It's super broken. I mean there's so many things about broken. One of the things that I well I want to get into politics here. We'll talk about something but complete flexibility versus vendor lock in so just a whole, whole just a ton of stuff.
- [11:35]
B
So they chip the way you see progress being made and it could be sideways progress but YouTube is starting to pay out distribution in PyUSD.
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C
Is that the PayPal? PayPal yeah. Well somebody just I was just watching a galgatron was bitching about page pal that he had to send a payment. He was saying I had to make a payment. I didn't want to I asked the crypto I'd pay him a hundred bucks cost me five bucks to make the payment because he used PayPal. I'm like well why don't you use PyUSD? He goes well couldn't do that either. And then I said well if you're gonna send it with no fees if your bank account's connected to Venmo it's no fee or you can use or you can use or use Zel Zell. He says well thank you for the tips but that's not it.
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B
Now why crypto isn't really needed.
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C
I'm gonna read this opening here. But he says so on the G Treasury this they put this is a beautiful guide by the way easy to understand. It says if you're a CFO or treasurer, you likely bombarded with cryptocurrency technology, blockchain white papers, promises of revolutionary change. Yet beneath the hype lies the fundamental question what does digital asset infrastructure actually mean for my treasury operations? 1 When should I care it? At Ripple and G Treasury we spent years building operating digital payment infrastructure for 300 plus financial institution globally. We've moved real money, we've met real compliance regulations requirements. We solve real treasury problems. This practical guide shows you how to get it done. How can this improve my liquidity management, reduce costs and prepare? I mean basically everything you tease in the beginning of that but it's, I mean we're not going to go through the whole guide but I will tell you that after just skimming this I it almost looks like they took a giant blog white paper and ran it through chat GPT and how I would say is like summarize this for me. Just give me the bullet points and the main things. And that's kind of like what it is, Jeff, right? I mean that's what it looks like. It's like here's the conclusion. Buzz.
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B
Understand?
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C
Yes. Yeah, it's easy to understand. You're not sitting there reading a freaking white paper. They're already chat chat GPT it for you. And so it's super easy to understand.
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B
It is perfect. I like, I like breaking it down to that simplicity, to the bullet points. You start reading through paragraphs, sometimes it gets a little too complex. Got to be very.
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C
Dude, I, I'll be honest with you man. I mean like I have to summarize everything these days. Like just sum it up for me. I don't have the, I don't have the mental acuity. That's why I love X so much because it's still little snippets of things to read. But whenever you'll click on a link and then you go through a website, I'm just like, I put it in the chat or I put it into cloud. I just say like, hey, summarize this. Talk to me like, you know, like I'm a 10 year old. Like if it's real complicated, explain, give me an analogy or something.
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B
Yeah.
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C
So it's too much reading. Jeff wanted to read.
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B
I go back to school a lot, a lot of reading. So yeah, I was at a trade show this last weekend and we're out there on the floor talking to people and in my mind I'm like, that's okay. My conversation's being recorded I'm just gonna grab it, throw it into crisp, or take the crisp script, throw it into chat GPT and get a summary. Then I realize that I'm standing there having a conversation with somebody, and I'm like, oh, how am I going to remember stuff, right? I'm like, I got to take some notes to see if I remember what we talked about. And then I'm like, what do I do with the notes? How am I going to get a nice summary from my notes? Obviously, that you could take a picture, throw it into chat, and get a better description of everything that you talked about and then have something you can send them. But as I was talking to the person not taking notes, I'm like, oh, no, don't. Like I'm back on my mind. Because always being on a phone call or, you know, a video call, everything's always being recorded in the background. You can grab the script, summarize it, do whatever you want.
- [15:19]
C
You got to hit record on your phone. You gotta. You gotta have it ready, and you record the entire conversation. Then at the end, you put the person's name in. There you go, listen, this is a really important conversation. You mind if I just record it so I can. So I can run it through chat GPT, get the transcript and run it through later because. But you're right, some. We rely so heavily on that, on calls and stuff. It's insane that you're like, oh, God, it wasn't recorded. What do I do? I wasn't taking notes. Sometimes I try to take notes, but then I don't. I'm not listening to the person, which is a pain in the ass too.
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B
You know, and then you go back and you want every little detail and it's not there, right?
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C
It's. It's. It's crazy. Like, and you're so excited when you get the transcript and then you can summarize it. You can give me the takeaways, who's doing what. You put that in an email and you'll look like. You look, like, amazing. I mean, everyone knows the AI today, but AI has helped me so much. Let's talk a little segue out of football. So let's go Buffalo. I love that also. Well, look, I mean, I watched the game last night. Pittsburgh just destroyed. I said they would destroy Miami. Miami didn't even wake up till the last four minutes of the fourth quarter. A little bit too late. They just, just. I mean, two is that guy gets paid $53 million a year. He's the one of the Worst quarterbacks ever. So, yeah, the New England game was just fun to watch. They were up 243 and that. Well, 20. They were up 21 and then they scored almost 21 7. Then it was 247 and they're saying the refs made some bad calls. Well, the one of them, they caught this pass down field and bounced off the ground and that wasn't taken back. There was another. And Buffalo had a, a touchdown called back. But they're just bitching about this one thing. It would have been interception. I'm like, look, dude, you're up 21 points. One bad call. Even if it was a bad call, the tie always goes to the offense. If you both come down, if you come down with and they both have it, then when you're, when you get off the ground, the guy pulls it away and says, oh, I got the ball. The tie always goes to the offense. It's always worked that way. So KC is out, ASC up for grabs. Well, that is true. It just goes to show you that Drake may of all the accolades, he's never. They've always been ahead on all the wins this year. And when you had the chance to bring your lead, your team for the first ever comeback, you know, from being down, couldn't do it and got pressured. The pressure got to him. He made a lot of bad throws. And of course Joey Bose at the end got him. So there you go. No more. Not too much football. Oh yeah, a little bit.
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B
Hey, so name can't be blank Listening over there on X said nice new background.
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C
Oh, thank you. Thank you. Yeah, and in the open we've got like several of them. We generally only play the one, but we've got like a bunch of them that have different music and stuff, so. Yeah, I knew it was XRP rocks. I recognized you, dude. I knew it was you. The Luna. Why'd you change the Luna X? Luna. Luna X. I don't know, man. I think I'll do better than that. Unless that's your name, that won't be cool. So here we go. Let's go. Reese Merrick, you want to take this one? Jeff, this is Reese Merrick.
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B
Senior executive managing director of Middle east and Africa Ripple. All views of my own. Imagine making a cross border payment and having zero visibility on when or if that transaction will settle. And that's kind of what we said in the beginning. At Ripple, we're revolutionizing cross border payment utilizing. I think that's spelled wrong. That spelled the.
- [18:33]
C
Well, he's incorrect.
- [18:36]
B
I know. I'm just language.
- [18:40]
C
There's more of us, we just, we took over the language. It's ours.
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B
Corrected. We corrected the language. Utilizing.
- [18:47]
C
Yeah, it sounds better to have a Z Utilizing. Utilizing. No, utilize. And then if you're there, you see X, Y, Z. What is Zed? It's Z, baby. Come on. It's Z all day long.
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B
Z as in zebra.
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C
Z as in zebra.
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B
I don't think I got to the.
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C
End, by the way. I got the, I got a chance to meet, hang out with Max Avery when I was at Ripple Swell and he's a very, very cool dude, man. Very. He, he's, he's putting together event tomorrow next year, Jeff, and he wants us to attend his event in Texas. But this guy is super smart, super savvy, really, really cool to meet him in person. Just really had a great conversations with him.
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B
So here we are utilizing the XRP ledger to do what? To do what? Now we never got to the end of that statement.
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C
Hang on a second. I'm pulling that up because. Yeah, here we go. Because there's, there's a comment I want you to read after this. Why he's. What are you commenting on?
- [19:45]
B
Oh, so yeah, now if we use the XRP ledger, it's secure, efficient, ready for enterprise use. Lot. A lot is really revolving around the enterprise Enterprise build out utility of, of the XRPL of what Ripple is building makes a huge impact. But that also brings Main street adoption because the more enterprise level use of it, it's all behind the scenes. And Chip, you and I have always said this. Nobody cares about how the car runs. You just want to turn the key and go. People at enterprise level, they don't care how it works. They just want to plug it into their scenario. And then their users, from enterprise down to consumer, think the consumer cares what's going on in the back end. They're like, I just want to get my money. I want to get it from point A to point B. I just want to make sure it's cheap and I want to make sure it can happen instantaneous. And that's it. And tell me where it's at. So very, very clear. Vod says, I've worked in banking FX MM settlements for 30 plus years, man. Not much has changed. Nothing apart from the system we use to add efficiencies. We get asked by clients daily, when will our payment reach our account? It's always a guesstimate. We have several banks in between. It could be, you could do a bank wire, it could be four hours. It could Be six hours, you could do an ACA same day, it could be next day, it could be three days. Sometimes you just never know.
- [21:06]
C
You just take this one, Jeff. This is his response.
- [21:10]
B
So similar story from my side. And you and I said that a lot. That whole experience that we've been.
- [21:16]
C
And that's Reese, that's Reese Merrick commenting on V. You know what Jeff just read on VOD. VOD thought so.
- [21:22]
B
He said, before joining Ripple, I spent 10 plus years in FX dealing with payments for large enterprise customers. There was nothing worse than getting a call from a customer, asked me where their funds were. I mean it's like a daily occurrence. It's insane. All you could confirm is that the payment had left our bank and hope the payment cleared before they get called back to chase it again. And that's what it is. It's always about, hey, did you get it yet? Did it go out yet? Was the wire sent yet? When do you think we're going to get the wire? Well, you're going to get it today or tomorrow. Well what if I don't get it tomorrow?
- [21:55]
C
And there's no transparency so you don't know. Like they're asking you like where is it? And you're like, you're thinking the same thing. Like, I don't know, you think I just press. You think I can log into a system and say it's not like when you're Amazon package and it says it's, it's at the facility, then it's, it's the driver's in route, then it's 10 stops away. There's none of that. It's just like you go, I don't know, you check the same system and it doesn't show the payments there and nobody knows. I mean this is your Swift for you, right? This is your garbage ass stuff. And Earl, they'll grab their own blockchain, do this, I don't care. Look, the banking cartels are going to hang on to their legacy stuff. They're going to try to get with it. The bottom line is most of the banks will defect anyways because you're going to go to something like a Ripple solution that has the tr, has everything you need custody. Then they just got approved for their, for their banking license. That's another thing we'll, we'll, we'll, we'll talk about. But their banking license, you know, not a real bank, but an institutional bank. They have everything covered. You go to one place, you can get it all done. You don't have to you know, do other stuff, which is fantastic.
- [22:55]
B
That's it.
- [22:56]
C
Then Jungle Inc. Brought this. This is interesting. He brought this. This question up. This dilemma. Saying, is Ripple's escrow blocking commodity status? Under the new proposed Clarity Act, a blockchain is only mature if no entity owns more than 20% of the supply. Ripple holds 40%, roughly. To officially shred the security label under this bill, Ripple would need to reduce control by nearly half. So how do they get there? Impacting price. Do they burn it? Accelerated distribution. New custody setup. Let's hear your theories below. And this guy, distribution Tim Faith, no Over fear says, isn't it possible the escrow XRP is not considered owned? Otherwise, what happens to an entity who owns 915 purchases more and has 21? Does the asset suddenly become immature? Yes, and very. And I think that is the case. They don't technically own it because it's an escrow account. And an escrow account is to release to either institutional or exchanges.
- [23:59]
B
You know, maybe when they release it, they take out a billion and then they do what they want with it. If they can sell it, use it for development. And whatever's left, they put back. And it keeps rolling. The 55th month, and it's constantly in that cycle.
- [24:17]
C
Yeah. So it's technically. I don't think it's technically owned. Mick knows who's from down under. We had a chance to meet Mick because he was one of the organizers for the conference we attended last year. He says maybe 20's already been allocated beyond the NDA, so. And of course, Andrew Pierce, who gave us a nice gift, some Vegemite. He gave me some Vegemite, little biscuits, which. Really good. I really like the Vegemite. I brought some Vegemite home and I used it all. But we. After being schooled on how to use it properly with a little butterfly, most people spread it out and they're like, no, that's not the way to do it. Little dabs, a little bit of butter, and then it's pretty good. I don't know, Jeff. You didn't care for it as much as I did.
- [24:54]
B
That wasn't. It was all right, but I wasn't. Wasn't gonna run out and buy any anytime soon.
- [25:00]
C
So Aaron, Andrew Pierce, who goes by Darwin boy, pretty sure the Ripple doesn't actually own all the escrow. It's fairly logical to assume that enough of it's already sold on option contracts that Ripple only owns between 15 billion to 20 billion XRP. The 20 ownership idea has been around before. The case of The SEC finished. Yeah. So it's, I don't think they're going to be in trouble. And definitely knowing what's coming up with this law, they wouldn't wait till the last minute like oh no, what do they know? They know what's in the bill. So I don't think it's going to be an issue at all. But it is an interesting point that in this bill that you, if you own like so you got like all these projects have like 30% owned by the founders. It can't be owned by the people who are running the project. In order to be decentralized, they want 80% or more for you not to be. Now the other part of it like owning the, owning the ass digital asset doesn't necessarily mean you. It's not decentralized. Right. It's, it's more about the. Because technically speaking it's how the, it's how what the asset does. But again I, I think it's a good sort of a, you know, number there 20. I think it's fair. I think it should be somewhere in that neighborhood. And Doppler Finance, Jeff, this is a huge win right here, a huge get we have. Doppler Finance says we're pleased to announce partnership between sbi, Ripple Asia. Now Ripple, if you know sbi, it's one of the bigger financial institutions over there and they are an early investor in Ripple, the company going back to, I don't know, eight, ten years ago. And they're basically doing, they're partnering with Doppler Finance and they say together we'll explore collaboration of the XRP based yield infrastructure and real world asset tokenization and X on the XRP ledger, advancing institutional grade finance and xrpl. And if you think about it, someone like a Doppler Finance is what's getting to you know, XRP Phi if you want to call it that, you know, by, and also tokenization they kind of are a competitor to Ripple. Not on a level the Ripple is. Ripple's kind of looking at other things. But again when I see DTCC come out with announcing one of their partners and I go who is this partner? I've never heard of them before. They're going to have multiple partners. But to be able to tokenize, you know, you know more than trillions of assets, I forgot exactly what the, the final number is. But it's pretty, pretty amazing. But sbi Ripple Asia is a big deal, man. It's a really big deal. So because remember Ripple's not in the D5 space but they're in the tokenization space. But the real world tokenization and also, you know, yield infrastructure is huge. It's a big deal.
- [27:47]
B
I really like to see what SBI is doing, but Asia's already, you know, number of steps ahead of us. I mean, they're really a couple years ahead of us in terms of progress, regulatory, the banking space, just everything kind of stacked together. They've already made massive progress. You look at what's going on in Japan, in Korea and elsewhere, it's really impressive.
- [28:12]
C
Oh, massively, massively impressive. And here we go. Here's a video. I just want to talk about the, the. We're going to talk a little about the XRP ETFs. Here we go.
- [28:22]
D
Chart of the day is presented by Crypto.com the leading crypto platform trusted by over 100 million users worldwide. Let's take a look at the chart of the day. XRP spot ETFs have shown remarkable strength over the past month, recording 30 consecutive days of net inflows since their launch on November 13th. This uninterrupted streak vastly outperformed both Bitcoin and Ether ETFs which have extended experienced multiple days of outflows during the same period. The US listed products have attracted fresh capital every trading day since launch, lifting cumulative net inflows to about $975 million as of Dec. 12. Total net assets across the products have now climbed to roughly $1.18 billion. The steady stream of capital suggests these products are appealing to investors seeking differentiated crypto exposure within regulated vehicles and may be used for structural allocations rather than tactical trading. As of time of recording, XRP was trading at A$91 cents, down near percent on the day as the broader crypto market remains under pressure. That's it for today's chart of the day. I'm Jen Senassi. We'll see you next time to unpack more of the data behind top news stories.
- [29:27]
C
Yes, look at that, Jeff. Isn't that something? There you go. So who, who's who commented on this but Brad Garlinghouse, he said that CEO of Ripple said 30 straight days of net inflows for XRP spot ETFs. That is impressive and they've been really leading and so funny when you see that when people have a shot to do they've kind of been breaking the records over the Bitcoin and the than the Ethereum. But I think a lot of it has to do with newness. It's something new and of course I Think there's a lot more publicity about XRP these days. So people, it's on their radar. You know, people still ask me how you. Oh, how's Bitcoin doing, huh? You have all that Bitcoin. How's the bitcoin? I'm like, they only ask about Bitcoin. Don't necessarily ask about Ethereum or, you know, any of the other, you know, coins out there. And I guess it's just part of like, you know, it's almost like Kleenex. You don't ask somebody, may I have a, a tissue, please? You say, I have a Kleenex because it's the brand name, but there's tons of people that make tissues. Right, Jeff? So I guess Bitcoin is like the name for finance. Also, I wanted to, I wanted to give this announcement too, that if you guys haven't joined the Zodao yet, it'd be a good time to join it. We're up close to 600 members. Once we reach a thousand members on the Zotao, remember, it's a voice for the community. There'll be projects you can vote on, you can write proposals and vote on it, but it gives you a voice and how you can shape the future community. Here's another one from Strobe Finance, another sort of platform that you can earn yield, so you can now do more with your xrp. So what the concept behind this is you can basically deposit your XRP on Strobe and earn yield on your xrp, but you can still keep your Zodao voting powder because the way the Zao Dao works, once you sign up, it's $10 USD, the equivalent paid in XRP of US$. And then once you paid, you become a member and then you can log in. There'll be proposals, there'll be a lot of things we're going to be able to do. And then also the other thing too is there's going to become what's called the, A hub that's coming and that'll be for VCS and devs and all kinds of people to go in and then be able to interface. Because right now trying to find, you have a project, you might be a, you might be a money guy or an idea guy and you're looking for people to team up with. And it's just, it's a wreck trying to find, you know, people. It's just finding it. It's a disaster. That's right. So, yeah, Jenna, put this out, this out here. So the integration, what does it do for Zawa. New integration ensures your wallet's fully recognized even if your assets are being held on chain. So there's gonna be a lot more of this. Another big announcement. It was integrated with Z. If you had the Zomin wall, you go sign up for Zow. And now you can. They've also connected the Bifrost wallet because a lot of people are have, you know, are using Bifrost for their flare multiple wallet.
- [32:24]
B
Yeah, yeah, yeah.
- [32:26]
C
And so all you have to do is go to. Go to zout out.com here. Let's see. I will copy and paste this in here. And let me go ahead. And basically there's, there's a how to button, but you just click join. There's two different ways to get in. Oh, I'm gonna have to hang on a second. Let's see, I'm gonna have to go to here because I'm already logged in, but I'll show you what that looks like in a second. But you just click join Zao Dao and you can either log in, you can connect with your zombie wallet, or you can connect with the Bifrost wallet. And so if you click with Zaman, it'll pull up a little thing that you scan. You guys are probably used to seeing us do this. You scan that with Zaman, you'll go back and forth until you go ahead and transfer the payment. Then the payment's in there and then it will be able. Snapshots will be done on a monthly basis. And that way your snapshot will tell based on how much voting power you have. But again, to stop whales, that's why we need to get the a thousand consensus, because on the Zao, because of that. For that very reason. So this is what it looks like when you're in there. See, my voting power right there is 21 tokens because I, I don't. This is a wallet that I have just for this. And here we go. So it'll tell you what the voting power is. You can see it's up to 562 members. Treasury balance is 3,000 XRP, which is 5, almost 5, $500. These were two test proposals. They've both been nullified because you can't technically vote until we get to a thousand members. And there's a way to keep whales even if you have 2 million extra XRP, you're not gonna, you're not gonna get that far ahead of anybody else. It's based on. It's 0.001, I think, is what.
- [34:09]
B
So you can connect whatever wallet you want as long as right now you.
- [34:12]
C
Can connect to Bifrost or Zombie. I think this one is my, I think this is my Bifrost one or I don't know which one, which wall this is. But again, you'll be able to write proposals too. Suppose you have an idea, maybe it's for the greater good of the, of the community, but you write these and, and then people will vote on them and then decide exactly how. That's. Now the other thing too is if, if at the end of the year and again the hub will be a paid service. So you, as the XRP accumulates and as membership accumulates, if there's money left in the coffers at the end of the year, then you can elect to have. You can elect to have that, you know, redistributed back. And this is something you can pass on. Right. So this is something that you, you can't. Once you get the nft, that's NFT has to be in that wallet. That's how it knows the snapshot. So when you purchase the $10 in USD. But I, and I would encourage everybody to do it. If you're interested in growing the ecosystem, if you're interested in the future development, if you're interested in new projects, even if you're interested in writing a, let's say a proposal, that's something that I would, I would, I'd highly recommend because it's again, writing a proposal. Jeff, I can't wait for your proposal. I know what your proposal is. Don't give it away. But I know what your proposal is.
- [35:30]
B
Give it away. It's going to be good.
- [35:31]
C
I think it's. And I think it's a good one.
- [35:33]
B
Hey, this is off to Christopher Clark. He said tried to sign up and had complications connecting my wallet. Were there any bugs in the beginning?
- [35:43]
C
There were a couple bugs in the beginning, but it had to do more with. The problem is a lot of people were signing up with Zaman and hit a rate limit on the API and that's why you're getting some issues. So I would try, try re circling back around and I think you'll, you'll find that it's going to be pretty good. Jeff, there's somebody at my door. I'm going to go see who it is. I will be right back. Give me a second here.
- [36:04]
B
Well, while you do that, we did, we did correct some ordering. If anyone was trying to order badass yeti coffee, there was a glitch in the matrix and we found out what it was. There was an issue from a regulatory perspective on our labeling. And so the labeling wasn't being printed out and so none of the so coffee was ordered over the past few weeks. Things got stuck in queue and we got it all sorted out. So I am going to play this here. We're gonna answer something from Gene Robinson here in a minute, but I do want to get this going here. And it's brought to you by Badassery coffee. That's right. Badasserycoffee.com Here it is.
- [36:45]
C
Five bucks for a latte. Half of that feed some hipsters avocado toast habit. Quit financing coffee fads you don't need. It's time to rebel. Your badass great grandpa had only one tin cup and brewed his his coffee over an open fire. We roast to order, ship free and keep every bean bold enough to wake the dead. Or at least her 9am meeting. We make coffee that punches Mondays in the face. Badassery Coffee Fresh, fierce, great roasted fresh, ship free, chaos pending order now@badassery coffee.com. badass recall coffee.com.
- [37:28]
B
There we go. Badassery coffee.com. you gotta love it. So anybody out there, if you were planning on ordering, then let. Let's get it going. Trump's a chip's door. That's very possible. John Doe, the coffee is good and it's from our boys. That's right. We love Badassery Coffee and we did rebrand it if you guys were also wondering. Hence some of the issues with the labeling. But it was Badass Yeti's Coffee and now it's just Badassery. We have a whole bunch of badassery like that URL. That's right. Badassery coffee.com so gonna see a lot more coming out of Badassery. Not just the Badassery Coffee. As we rebrand all of the different product that falls under Badassery. So there it is right there. Badassery Coffee.
- [38:17]
C
Did you play the video, Jeff? I'm sure you did.
- [38:20]
B
I did.
- [38:21]
C
Yep.
- [38:22]
B
Dean Robinson was saying, you guys are sharp and honest. I just need some help understanding the value lost. Because his question was XRP is winning. ETFs have done nothing but dive, drive the price down. I understand the market drop the value loss. I don't. How about some help understanding with an explanation, please? Is there anything that we can add to that? And so actually I like how some commentary comes up, but Jim D. Said, Dean, it's hinged to leverage BTC tanking in price as megawatts attack sealers, btc, hort, mega whales. So we see a lot of everything's tied to bitcoin. So if Bitcoin hits 120, 000, the market's shifting in deposit. Bitcoin pulls back to 86, 000, the market shifting back into red. That's just how it is right now, you know. And so.
- [39:15]
C
So it's always been. But over time, much of it is.
- [39:18]
B
Right over time and it doesn't happen instantaneously at every time. Much of it is. Is still speculative. Hence we talk about utility. ETFs brought Bitcoin to the precipice to where it was at at120,000. ETFs just rolled out on XRP. I don't think. I think it's going to take at least six months to see momentum build up in the ETF market on xrp. And they rolled out multiples. They had the Salana, they have others that are in the wings. Not just XRP was big for a little bit, but we're going to start seeing the big ETF still bitcoin. And it's because it has name recognition.
- [39:58]
C
It's the max.
- [40:00]
B
The mat.
- [40:00]
C
It is. It moves the market up, it moves the market down. Everyone talks about the decoupling. Look, decoupling is maybe in the future. It's not happening happening. It hasn't happened. You can follow it to a. I like. He likes the breakfast blend too. Breakfast blend and brood awakening.
- [40:13]
B
Oh, look at that. Which is what is saying, I can't wait to get bitcoin. Or when bitcoin gets decoupled from the other cryptos. Yeah, it's going to take lots of time. There it is right there. Brood awakening. Course ground. Gotta re. Gotta correct the course. What happened to Chip? We lost. We lost Chip.
- [40:36]
C
No, for some reason I had like some spot off. But no, this is my neighbor. It was. People are saying, Trump's at the door. No, he wasn't at my door. No, it was. My neighbor ran over. I had the wrong. You know how they put the wrong. And it's like junk mail. It's like, okay, great, I'll throw out the garbage. Thank you.
- [40:51]
B
Yeah, thank you. For which.
- [40:53]
C
Thank you.
- [40:55]
B
Let me walk you out to my garbage can.
- [40:57]
C
No, it's funny because I texted my neighbor, I go like, hey, there's a couple of things. They go, is it from the bank? Is it from this? There's a thing that. Yeah, go throw it in the garbage. I was like, thanks. Okay. Put it right in the freaking garbage. Right in the old freaking garbage, man.
- [41:12]
B
In the circular file.
- [41:13]
C
In the circular file. Yeah. Circular file. I like people that still say Rolodex, Jeff. Those people.
- [41:20]
B
I keep my.
- [41:20]
C
I never even had a Rolodex. I'm old, but I never had a Rolodex. I hate Roller Dax. No, dude, I. I kept the book. I had book and chip.
- [41:28]
B
Is it cell phone or mobile phone?
- [41:30]
C
It's mobile phone, dude. It's been mobile phone since day one.
- [41:33]
B
Cell phone. Who says car phone? Are you from the car phone?
- [41:38]
C
I'm not that old. I'm too. I'm way older than that. I remember having. I had a car phone. It was a piece of junk.
- [41:44]
B
Did you have the bag phone?
- [41:46]
C
Too expensive? Yeah, it was the bag phone. It was the one where you'd like, you know, had the big battery in the. No, then you had, like, the antenna you'd put up. It was something about worth of the bag phone. It's really not worth this at all. Dude.
- [42:01]
B
The Rolodex. Did you have a Franklin planner?
- [42:05]
C
I did have a Franklin Planner, dude, those were great.
- [42:08]
B
I loved my Franklin Planner.
- [42:10]
C
Well, the Franklin planner was fantastic, by the way. You see my Josh Allen bobblehead right there?
- [42:15]
B
Yep, there it is.
- [42:16]
C
Fantastic. Yeah, you gotta love it.
- [42:21]
B
The lemon tree and the lemon and the cube.
- [42:24]
C
Yeah, Jeff's. We're redoing Jeff's set too, so he'll have a new set piece pretty soon too. Maybe we'll roll it out in the new year. Probably be cool.
- [42:31]
B
We're gonna go with a lime tree.
- [42:34]
C
Limes, lemon and limes, baby. Make lemonade. Give me lemons. I'll make some lemonade.
- [42:40]
B
Bitcoin miners can barely break even at current bitcoin prices and are shutting down depending on energy consumption. So it was interesting when we had Michael Cabrinara here with us last week. So I had him at the event the following night. Oh, yeah, that went over really well. Last Thursday was fantastic. Got to hang out with him a lot more. It was amazing. I wasn't. Didn't expect, you know, just super low key, real nice, easy to get along with. You know, we talked about a lot of different things, but it was interesting because, you know, he was mentioning that, you know, his involvement in crypto and, you know, having crypto miners and, you know, involved in the financial infrastructure, working with exchanges. He talked to us about, you know, we've been working with Ripple, all the different projects that he'd worked on. But now, you know, Jim's D is talking about the miners. I guess my point is that he actually has his miners running off hydropower. So there. So that's, you know, really important. Plus I think we're going to see more and more transition to bitcoin mining in and around hydro, in and around nuclear because it's, it's almost like unlimited power. Right. It's just wasted power if it's connected to hydro or connected to nuclear. Nuclear doesn't all of a sudden just run out. Typically wasted power. Dean said I bought in one day before the lawsuit. So I have the road bumps for a long time. I think we're so close. I believe in good tools and I think xrb, XRP kills bank fees along, you know, the long road. It's going to change a lot of things. Things are definitely heating up.
- [44:25]
C
Yeah. 100 man. So I thought we'd just break into the president's speech here for a second, see what he's got to say. Put it on pause. Do you hear it?
- [44:34]
E
The last administration and their allies in Congress looted our treasury. Trillions of dollars driving up prices and everything at levels never seen before. I am bringing those high prices down and bringing them down very fast. Let's look at the facts under the Biden administrator.
- [44:53]
C
I feel like we should see a yeti in the background with all that Christmas stuff going on, Jeff, because we got the Christmas Yetis today.
- [44:59]
E
Rose 22% and in many states 30% or more. Gasoline rose 30 to 50%. Hotel rates rose 37%. Airfares rose 31%. Now under our leadership they are all coming down and coming down fast. Democrat politicians also sent the cost of groceries soaring, but we are solving that too. The price of a Thanksgiving Turkey was down 33% compared to the Biden last year. The price of eggs is down 80.
- [45:32]
C
Was a dollar a pound here, Jeff. I think it was something like that or some was some crazy 2% since.
- [45:38]
E
March and everything else is falling rapidly and it's not done yet. But boy, are we making progress. Nobody can believe what's going on here are just some of the efforts that we have underway. You will see in your wallets and bank accounts in the new year. After years of record setting, falling incomes, our policies removal of the IRS pay at a historic pace. Under Biden, real wages plummeted.
- [46:04]
C
I wonder if he's going to probably talk about the. The $2,000. Don't even give $2,000 back to anybody. Get rid of the IRS. For people making 150k or less, that's relief. You have you have the vote. We'll crush it on the midterms. You know, this is what he's trying to do is like. And the other thing too is you don't have to go to the Fed anymore and beg for money and then have to pay interest on it. It. This is the money that the first time the government since 1913 is generating money. We used to be. Old joke. Used to be Jeff is like, well, what does the government make? Nothing. It just takes. It doesn't make. It takes. Well, guess what? It's now. And people were, you know, the, the, the nut job. Mainstream media was calling it a, they weren't calling it a distribution check, they were calling it a stimulant check. A stimulant check is when you borrow for the Fed and give it to people to wink, wink. You know, I did something for you. This is not a stimulus check. This is a. What he's talking about doing is a kind of almost like a profit share. You're going to get a payment based on what they collected.
- [47:03]
E
$3,000 under Trump.
- [47:06]
C
I want to see how this thing started here. Let's see how this thing kind of got underway. Wow, it's. I guess it must have just started. There you go. See? Huh.
- [47:19]
E
First began hearing the word affordability, our border was open. And because of this, our country was just.
- [47:26]
C
Seems like more like a state of.
- [47:27]
E
The nation here most than anyone. 3000 years peace to the Middle east and secured the release of the hostages, both living and dead here at home. We're bringing our economy back to over the last five months. Next year you will also see the results of the largest tax cuts in American history that were really accomplished through our great big beautiful bill.
- [47:54]
C
Perhaps the most beautiful big was big.
- [47:56]
E
And beautiful passed in Congress, right? We wrapped 12 different. Okay bills up into one.
- [48:03]
C
Okay. One big. Beautiful. It was beautiful, Jeff. It was a beautiful big bill. Okay. I just wanted, I thought we'd just pop in there and see what we, what he was up to. But we're going to get on to some other things about how the Democrats not only anti crypto, they're anti innovation, they're pretty much anti anything that's good for the American people. But if you're illegal and you're broken or legally, let's give you money, let's give you housing, let's give you food, let's give you whatever you need over somebody, over our vets, over people that came here legally who get up and work every day and bring value to the US and pay tax like hold on, someone pay taxes? Well great. I'll tell you what. Come here legally now. What country as as nice is the USA that says hey, if you self deport it will give you a thousand dollars and if you leave you can actually apply to come back legally. No, most countries kick you out. Other countries, we played that video before they put nine months in jail or you get kicked out of the country. It's very rare, Jeff, that you're going to get that kind of leniency. But here is Bernie Sanders, the socialist loser who's done very little in his storied career. He's never done anything else. He was a hippie, there was a loser. Now he's an old politician who's a loser who's gone brain dead. But this is what he wants to do to.
- [49:19]
A
AI for joining me. Let us be clear.
- [49:23]
C
AI, it's so funny when democrats say Let us. As soon as you say Let us be clear, that means everything you say after that is going to be completely clear, complete and utter. A who? You know, you know Obama, Obama pounded. Let me be clear. Remember that? He used to do that. Jeff, let me be clear. And he was not clear. So he wants to be clear, Jeff. And Bernie Sanders, Bernie Sanders gonna tell you how to do it.
- [49:50]
A
Thanks for joining me. Let us be clear.
- [49:53]
C
Oh yes.
- [49:54]
A
AI and robotics.
- [49:55]
C
All the more you have this. Do you think this is going to have anything to do with democracy? Because the, the other thing that Democrats like to throw around, Jeff, is they like to call the US a democracy, which we are not. We are a constitutional republic. We have three branches of government, we are governed by our constitution and we limit the power of the of the government. They want to get rid of the constitution. They. But come on, somehow this is going to be about democracy? I can tell you it's not democracy.
- [50:18]
A
We don't have freedom for all transformative technologies in the history.
- [50:22]
B
His voice is annoying.
- [50:24]
A
And we'll have a profound impact on the lives of every man, woman and child in our country.
- [50:31]
B
So far.
- [50:31]
C
It's boring.
- [50:32]
A
Just a few points. Just a few points that we need to be thinking about.
- [50:35]
C
What do we should need one please.
- [50:37]
A
Bertie, tell us who is aggressively pushing these technologies? Well, surprise, surprise, it happens to be the very wealthiest people on earth. People like Elon Musk, Jeff Bezos, Mark Zuckerberg, Peter Thiel, Bill Gates and other multi billionaires.
- [50:57]
C
Oh, you lost me at Bill Gates. But everything else is cool since you got the Bill Gates. But Jeff, why is this a problem? Why do we hate the rich so much. Who create jobs, who create innovation, who take a rocket and blow it into space and then bring it back down and land it again. A rocket that's like eight stories tall and massive. Why do we hate people who create electric vehicles that people want? Why do we hate people like Peter Thiel, who told kids, you don't have to go to school? If you come up with an idea, I'll fund you and I'll pay you not to go to school and I'll launch your startup. You know, the, the feel. What do you call. I forget what he calls it. The Theo prop. But that started years ago and it's been massively successful. These kids are. They don't even skip college. They go right to business. They have these amazing businesses. A lot of them are getting acquired. But meanwhile, this guy here wants to be legacy old school. And it's really rich people that are thinking, well, who do you think, you think poor people are inventing AI? Let's be honest. You think he can go into the slums of any major city and say, you know what, what kind of AI idea do you have? I mean, this is, this is, this is utterly stupid.
- [52:02]
A
So here is a very simple question I'd like you to think about. You believe that these guys, these multi billionaires, are staying up nights worrying about what AI and robotics will do to the working families of our country?
- [52:20]
C
Yeah. So let's never innovate. Let's let China win the. The AI race, Jeff. And let's sit back and do nothing. Sounds like a great idea. Jeff. This, this is the same tired argument throughout history. Remember when they started and when, when car manufacturers, they started putting robotics. Well, meanwhile, you know how many mistakes are made by humans? They're still in plants. That. This was like the thing, you remember, all computers were gonna get rid of, like people that did stuff manually and spreadsheets. You're gonna fire 10 people because now one spreadsheet can do it. One person can manage a spread, like throughout the history. The Internet's going to create problems. So no one's got to go to banks anymore because they can do their online banking. I had to actually do. Right. I had to get a bank check, Jeff. And I was like, I'm sorry, I don't even. I haven't had checks for how long? I said, I think the last year, I think I got rid of them in 97 or 98. So every once in a while I gotta create a page when I. Right. And I was. And my wife has them, or I would borrow One from her. But what do I need that for? I've never, I hardly ever go to a bank. They're still around, apparently, but, but it's.
- [53:23]
B
Amazing because when you listen to what he's saying, he's actually arguing for the people to allow them to have unfettered power. And it's, it's not transparent. It's super murky, just the way they like it. They want to pull all the strings, they want to hold all the power. That's why they don't like all these different elements. They don't like efficiency, they definitely don't like transparency. So the more efficient we get, the less likely we are to allow them to corrupt the system. The less efficient we are, the more confusing what they do is. They can hide all their shenanigans and that's kind of how it's been. And look at the four years under Biden, how chaos driven everything was to the point they covered everything up, they lied about everything leading up to, up to Biden, what they did to Trump from 2015, all lies, all deception. But it was just buried and hidden in the chaos of mainstream media and the chaos of what was orchestrated at the government levels. How they, you know, even now, what we're seeing, the discussion and debate between the FBI and the DOJ at the time when they came to, to, to raid Mar A Lago, you know, and it looks like the FBI didn't want to do it and then the DOJ was forcing him to do it. And there's all sorts of documentation and proof source on, on all these different instances, but it's all based on chaos. And that's what he's arguing for. He's not arguing to help the people and elevate the people and limited government. He's talking about massive size government, socialist style government. And now what's crazy about it is that people are relatively stupid because people get and, and not, you know, maybe not on purpose. Maybe yes on purpose. Maybe they like being naive. Maybe they like focusing on their life and not having to worry about politics and everything that's going to influence them and not having to observe. But we just witnessed the mayor of Miami, that, we just witnessed them electing this socialist woman and putting her in power as the mayor of Miami. First time in 30 years that there's a, not a, that there's a Democrat in office in Miami. And they think that's somehow going to end. Well, Miami has been skyrocketing, develop, building growth, and all of a sudden they're going to put Someone that wants to do the exact opposite. They want to do what they've done. Another in Broward County. I mean it's, it's unbelievable. It just doesn't make any sense. Says he's saying that Trump is hot tonight. It's on fire. I want to see what he has to say about Venezuela and then, you know, blockading all these other crazy countries and starting to get rid of people, kick all the illegals out of this country and then hold Europe accountable for allowing them to, to go crazy. That's. I would like to see that maybe higher tariffs on Europe for all the illegals they let into their own country and the damage.
- [56:17]
C
Let's listen to what the hell Bernie's talking about. He's talking about. He says a lot of words. He says nothing and the world says nothing.
- [56:23]
A
Well, I don't think so. Don't do these very, very rich men want even more wealth and even more power and for all bunch of reasons.
- [56:36]
B
That's pretty.
- [56:37]
C
All right, so let's go back to when the Fed came into existence. Who were the people that made the Fed happen? The very rich people in the government that wanted the government to control you and, and, and rule you so that they could have. That's, that's not this, this is innovation. Right. Who built the railroads? Right. Who, who built. You know, if you look at the men who were. We don't have any innovation or the things we, the grow grew out of that because we had rich men who put their money and risked it on their line. We don't have a car, we don't have like an Edison of a light bulb. We don't have. That became very rich men, some rich women. So what do you. So his answer is don't do anything. This is dangerous.
- [57:16]
A
What a nut job is very dangerous.
- [57:18]
C
Oh my God. He just said that. I just said that.
- [57:22]
A
What will AI and robotics mean economically for the working class of this country? Well, don't listen to me.
- [57:30]
C
Don't worry. We're not going to listen to the.
- [57:32]
A
People who are developing those technologies.
- [57:34]
C
We do.
- [57:35]
A
Elon Musk recently said, quote, AI and robots will replace all jobs, including yours.
- [57:43]
C
Will be long gone by then.
- [57:46]
A
Bill Gates predicted that humans quote, won't be needed for most things. End quote.
- [57:51]
C
Perfect. I love.
- [57:53]
A
The CEO of Anthropic warned that AI could lead to the loss of half of all entry level white collar jobs.
- [58:01]
C
There you go.
- [58:02]
A
Question. If AI and robotics eliminate millions of jobs and create massive unemployment, how will people survive? Figured out if they have no income And I Don't want to break the bad news to you. No, it won't shock you, but very few members of Congress are seriously thinking.
- [58:24]
C
About, well, your job is going to be gone, too, so we don't have to worry about your thinking.
- [58:27]
A
Something I worry about, about a whole lot, and that is that millions of kids in this country are becoming more and more isolated from million.
- [58:36]
C
Millions of kids are starting to learn about history. They're starting to learn about the history United States. There's. And they're all conservatives because they've realized that you kept them locked down. You kept them in their, you know, from going to school, from developing, from eating with their friends over a bunch of lies. And so, no, they don't give a crap about you, dude.
- [58:55]
A
Real human relationships and are getting their emotional support from AI.
- [59:03]
C
Yeah, sure. Jeff, is your kid. Is your son getting his emotional support from AI?
- [59:08]
B
Oh, yeah, of course. Yeah.
- [59:11]
C
My, My. My daughter's have. My youngest daughter's got more friends. She's like, bob, you remember this friend, right? This friend? I'm like, no, I don't. I'm supposed to remember, like, hundreds of people. Yeah, I don't remember that time we did. Yeah, I guess, you know, I don't know what the. After, but she's got more friends than anybody ever met in my life.
- [59:27]
A
My God, For a moment about a future when human beings are not interacting with each other and are spending virtually all of their time with devices instead of people is that.
- [59:43]
C
This sounds just like an old dude that's completely out the pasture. I mean, he. He's got very little understanding. Kids go to school, kids are doing stuff. Kids are hanging out. It's a new tool, a new way to interact. But look at this. How old is Bernie Sanders? Hey, Siri, how old is Bernie Sanders? Okay, he's my age. No, I'm just kidding. He's 60. He's 84 years old. Okay. My dad's age, 84 years old. My dad passed at 84. So, I mean, my God. I mean, this guy. My dad was in the tech, though. My dad loved AI, and my dad was using AI. He was using. He loved. He loved. Love tech. This guy does not love tech. And it's funny because I got my dad's devices and I've got, like, his iPad. And I'm shocked at some of the apps he's got. He's got anthropic. He's got chat GPT. He's got cool apps on his phone. And it, like, really surprised me because I didn't Know, my dad was like that aware of all the stuff Bernie doesn't. But no, Bernie has on his phone he's got the giant icons. Like there's four icons per screen and it's the phone. He probably doesn't even know how to check email on his phone. But he's going to tell you it's the kind of future you want. Hell yeah, it's the kind of future I want. Because we'll figure it out. We'll figure out how to. What you think? What do you think? You're gonna have people. Just a massive people not working. There has to be. They're gonna be something. It's always been figured out.
- [61:00]
A
The kind of future you want.
- [61:03]
C
Yes.
- [61:03]
A
Well, not me.
- [61:04]
C
We don't care. You're not part of our future.
- [61:06]
A
Say, there is a whole lot about AI and robotics that needs to be discussed.
- [61:13]
C
You know what Bernie. Listen, Bernie will be like when he really can't walk around too much anymore. As we age, he'll have a robot doing. Doing his laundry, cooking his food, doing all that stuff. And then he'll be like, these robotics are pretty good, Jeff. The freaking robotics. He likes it. Jeff. I can't wait. Can you imagine? You get somebody comes in, does all the. In your house you hate. They do the laundry, they do everything perfect. They fold all your clothes. Do they cook for you. You can send them in your autonomous card and go do groceries for you. It's gonna be awesome.
- [61:43]
B
It's gonna be amazing.
- [61:44]
A
Needs to be analyzed. But one thing is for sure. This process is moving very, very quickly and we need to slow it down.
- [61:53]
C
No, we don't. We need to move fast.
- [61:54]
A
We need all of our people, all of our people involved in determining the future of AI. And not just a handful if.
- [62:05]
C
Thank God for the handful of billionaires that we have this. And first of all. Well, I'll. I'll talk about. I saw David Sachs in an interview. He said the. The GDP is 4%. He was saying that two half of that is being attributed to AI. Nvidia is worth more than every public company in Germany, UK and France. Okay. With right behind it Apple and Microsoft. This is innovation. This is the United States. We get the smartest people from around the world to come here, who want to thrive, who want to contribute, come here legally or they come here on a visa. That's who's building this country. It's the best and brightest, not just in the U.S. but from around the world. And you, my friend, are an old.
- [62:47]
A
Relic of multi billionaires. That is why? For a start, I will be pushing for a moratorium on the construction of data centers that are powering this unregulated sprint to develop and deploy AI. This moratorium will give democracy a chance to catch up with the transformative changes that we are witnessing and make sure that the benefits of these technologies work for all of us, not just the wealthiest people on earth. Thank you very much.
- [63:25]
C
No, I mean, what a. What a jackass. What an absolute fool. We need to slow it down. Oh yeah, let's trust the Democrats because they're anti crypto. They want to slow that down. And we got a four plus year slowdown on that. David Sachs. Why do I still have that on one in there? Stop the screen there. And what do we have here? Stop that. I have all these windows open here, but let's. I want to talk a little about David Sacks now. David Sachs is the, the, the crypto czar. And here he is. He is. He also is in the all in podcast. But he said Bernie makes it clear the debate over AI is not about states rights or affordability. He would block new data centers even if states want them and they can generate their own power. It's about stopping progress completely. So China wins the AI race. Thank you for your honesty, Sender. Of course, you know, that was a nice way to say go F yourself. Thank you very much, David Sex. David Shapiro says, I'm sorry, but this is not how progressivism supposed to work. Building data centers creates immediate jobs. Building data centers empowers the United States. A powerful nation can afford to have bad ideas like this one. Left wing populism is dumb. And yes, I'm a progressive, not a liberal. So here you have a progressive guy who's saying, this isn't how it's supposed to work. Progressivism, which is differs from liberal classic liberalism. We don't even have classic liberals anymore. Liberalism today doesn't even reflect classic liberalism. But the progressivism is just what it is. You progress, you're supposed to embrace this stuff. And he's saying the left wing populism is dumb because it really doesn't work. And he's a progressive. So that he's calling them out. You know, even progressives are calling out Bernie Sanders, Chris Bake, who I love and puts out some funny stuff. He said, I'll be pushing for a moratorium on taxes. Moratorium will give democracy a chance to catch up and ensure that the benefits of taxes work for all of us, not just the socialist politicians who own five houses and retire with an 80 million dollar stock portfolio from insider trading. Well said my man. Well said. 100 exactly.
- [65:36]
B
I like that.
- [65:37]
C
This is.
- [65:38]
B
Shut them down. You gotta shut these guys down.
- [65:41]
C
Bernie is going. This is Jason, who's also Jason from the all in podcast as well. Birdie is going full D cell. Which means only one thing. We need to go faster. 100 agree with that. Duria Unimats MD says I'd like to push for even faster AI data center construction to enable super intelligent AI that can help us brain develop brain aging reversal. Aiding people like this like Senator Bernie Sanders who seems to have lost the cognitive capacity due to aging to understand AI's critical importance. This is a. This is a medical dot professor, biomedical engineer and scientist immunologist, longevity and cancer immunology. All in on AI and the United States. His interests are bio AI, robotics, space, sci fi and singularity. I mean Bertie just got ripped on this thing. Dude. It was so. I don't even understand why a socialist nut job like this even does it. I said the Democrats are anti innovation. Why you ask? Democracy. Although the United States is a constitutional republic, why would anyone elect a Democrat when they're anti innovation, anti decentralization and anti crypto? I don't know. Here's Justine Moore. She's with az. Let's see. Let's pull up her. What is her profile there? I gotta zoom out here. I know. I see her stuff. Yeah, she's a partner over a 16Z. Andrew Derees and Horowitz. The video is a great example why you should be forced to demonstrate even a basic understanding of something before trying to regulate it. Alex Finn. Well, my grandpa was 84. He was in a retirement home sipping painting. I'm watching replays of Celtic games from the 60s. You're 84 and trying to legislate a global economy. Something's wrong with this picture. Gordon Winthro what do you recommend people build instead or just no building until you give the green light? Data Republican. I'm so sick of democracy. Because always everything's democracy. Yes, yes. Let's stop the American innovating and wealth creation. Ben Grossman Wire Progressives. So anti progress. Sounds Communist group photo of everyone Bernie Sanders has lifted out of poverty. There you go. Bernie Sanders. Jared Tate, Center. It's like banning ink after the printing press was invented in 1440. Or cutting telephone lines due to the Internet in 94. Congress can't even pass crypto legislation after 16 years. 500, 535 of don't have a clue of how AI works. This will push AI compute to space. And here's Brian Kassenstein, who's a hardcore supporter of Biden, hates Trump. He said, my fear is China leaping ahead of us though, so there's like nobody in his corner. David Krueger, thanks for taking a stand on this. We urgently need a global pause at AI scaling. Anyone want to guess who this guy is? He's not a conservative, I'll tell you that. Mike Solana God, you're sold and stupid. Please just effing go away. Shiba Toshi Nakamoto Translation, I want China to win the AI race. And Nelson, I once again ask you to harm yourself and your country. This is a fool's Aaron. Bernie, build the data center. So American. Create the machine. God first. This is troglodyte. Take like Solana, My fantasy is you're forced into a lie detector test and we get you to answer questions. Like, in the 70s, were you rooting for the Soviet Union? And would it be better that the average person is poorer provided everyone paid the same amount of money? I mean, so for everyone we've read, there's only one person that agrees with him, the 1%. Does this still work on people? To be fair, this doesn't benefit the 1%. It's there you go hard. No, Enjoy your demeanor. Work very hard in 2016. Make sure the media took notice of you, but you have zero awareness when it comes to your bad habit of applying two body problem logic to a three body problem solution. Here's another guy. So yeah, so out of the three liberals we've heard from, one's like, yeah, Bernie. And the other two are like, this sucks. Jeff Lutz G approves of your strategy. I mean it's just non stop. So it's always funny. You go into any of these posts by these guys, they have very little support. Jeff, Elizabeth Warren's like a guy. I've scrolled all the way to the bottom of some of hers, like 3, 4, 500 comments, not one person saying yes. So who are they really talking to? Who's there? Who. Who is their, their audience?
- [70:07]
B
I don't know.
- [70:08]
C
I think just want to be ripped on by Jeff. Now this was. This made me laugh a lot. What I love about what's going on, the stuff I'm seeing come out of official accounts is amazing. I never thought in my life I'd see stuff where they're getting. They're not putting out, you know, talking points and blah, blah. Well, they are, but I'm just saying. But they're doing it with being clever. This One this, this one is, you know, that, you know Franklin, that, that frog or whatever he is, he's the kids books classic Franklin story. Franklin becomes a deportation judge. I don't know if you ever had these, if you read that Franklin books to your kids, but they're the kids books. So they did this little parody as a judge. Franklin becomes a deportation judge. And it says, it says up here, this is from the u. S. Department of justice. Franklin is helping write the next chapter. America, you can too. We're looking for patriotic legal professionals to serve as deportation judges. Your work will have generations. Generational consequences apply today. Join.justice.gov oh, but that frayed some frozen David from who's a complete and utter. He's from the Atlantic. Okay. The guy's a complete. You already have stuff, Jeff. But you know David from. Oh yeah, he writes. The Franklin character was created by Canadian writer Paulette bourgeois for kids press creators. And so the intellectual property threat committed here by the u. S. Department of justice is a form of transactional organized crime. Oh, come on, please, please pipe down dude. Pipe down a little bit.
- [71:46]
B
So people don't realize. Some people have joined in here a little bit later. But we do have 5 kick ass badass yetis. This is total badassery. Chip 5 from the Christmas special. So they're actually part of this series right here. Badass yeti's holiday spirits. We got five of them. Look at that. Got the white tribe, blue tribe, three from the blue tribe and one yet unseen yet unmented Special Release 1 from.
- [72:20]
C
The Black tribe which we have not released yet. So that's a very special first one to get a black yeti.
- [72:26]
B
First one out there, it's going to get a black yeti. And we've got these guys. Each one of these are. Are pretty amazing. So if you really dig in and look at them, they've got some attributes. So if you go down through here, look at their properties. This is one of the bandits. So we got the Christmas tree in the back. Got a large grin with this guy. His name is belsnare. He's part of the white tribe and he's got this nice double headed ax. And then we've got this guy from the Templars. Real nice guy right there. Then we've got pathfinders. Look at that. Get a nice smile. It's got his little present. Each one of them getting ready to give a present. Not sure if that's a giveaway present or if these are weapons. So here's the mentalist. He blasts your Mind.
- [73:21]
C
Boom.
- [73:23]
B
But here we go. Each one of them. This guy is Noel Null. That's the guy's name right there. Noel Null from the badass yeti's blue tribe and yet to be released from the black tribe. This guy is voidborn. There he is.
- [73:42]
C
His details are.
- [73:44]
B
So each one of them has got.
- [73:46]
C
A nice description on his details.
- [73:48]
B
They want to see some detail.
- [73:49]
C
There you go. Hard to see. Dark. There you go. Look at that. There you go. Black yetis. They all kind of look very similar to that.
- [73:58]
B
I like the face. I like the. The beard.
- [74:02]
C
Yeah, it's cool, man. They're cool. They're cool creatures, man.
- [74:06]
B
Guy's really cool. I always kick ass.
- [74:09]
C
There you go.
- [74:11]
B
There you go.
- [74:12]
C
There you have it. So, guys, hang on, because we're giving away some yetis. We got 11 in here. You have a 5 and 11 chance of winning a yeti, which is incredible. Sanders keeps acting like he's the icon of morality. What a total worm, says Jim D. Jim D Also says we need a new bill mandate all hijacked Venezuelan oil tankers to be sold to fuel USA AI data centers. I like it.
- [74:35]
B
That's what we got to do, guys.
- [74:37]
C
Type in yeti. Bigfoot. It's not bigfoot. That's yeti.
- [74:43]
B
So there you go. This guy here from the bandits tribe was that. He's from the white tribe. But forged in frost wrapped in holiday chaos, Bell Snare is the laughing executioner of the white tribe clan bandits. Don't let the grin fool you. This yeti raids the winner roads with steel in hand and a mischief in his heart. Crowned in Santa red and armed with a double bladed ax, Belsnare is the one who shows up when the snow falls heavy and the rules fall apart. He doesn't steal Christmas, he claims it. Bells on his belts mark the sound of doom. Brandon went foolish enough to stand in his way right there.
- [75:20]
C
There you go, baby. Yeah. He's laughing now, but he won't be laughing later. You get a double when he swings that blade.
- [75:29]
B
I like.
- [75:29]
C
They're all wearing the Santa hats. That's very festive. All right, well, here we go. We're gonna go ahead and. Let's give away the first one, Jeff.
- [75:37]
B
All right, let's do it.
- [75:39]
C
Giveaways.
- [75:40]
B
Let's go down the list.
- [75:41]
C
Let's go ahead and that's gonna be.
- [75:44]
B
The first one we give away. We're gonna queue up some music.
- [75:48]
C
I'll tell you what we have right here, Jeff. We have 12. You have a 5 and 12 chance to win. So type yeti. If you're in here, type Yeti. We're giving away five. Five yetis. You got 12 in there right now. Yeah. Well, you have a five out of 12. Yeah. So let's go, guys. Yeti. Who else? We got 12 in here. That's it. I'm gonna go ahead and pull it. Let's see who's gonna win the first one. Is this the first one? We got Bell snare down.
- [76:18]
B
There you go.
- [76:19]
C
First one. Who's the first one? Bell snare.
- [76:23]
B
Put it. Put up your. Put it up on there.
- [76:25]
C
Let's put bell snare. There we go. Ready? And he wants the black Yeti. Calls it. Ebony Yeti. Ebony Yeti. Okay, here we go. Who's it gonna be? Who's it gonna be? Who's winning? Get your examin wallet ready or Joey wallet or whatever you use to connect. Boom wins. Ed wins. Bell snare. Ed, we need to have your wallet. I don't know if we might have it too, because I think you've won before, Ed. Franz Glaski is. Is that how you say Franz Kowski. Franz Clowski was the big winner here. Big winner with the picture of Brad and David there for his. Now, if you would, you can put this yeti up there for your.
- [77:10]
B
Yeah, put that Yeti in place. Be sweet.
- [77:15]
C
There we go. Come on. We got to hear from you, Ed. We know you're here. So let's hear. There he is. Boom. See? Get in your wallet. Good man. Go ahead and get that wallet. We'll go ahead, do another giveaway. Jeff, you have a 4 and 11 chance to win because.
- [77:30]
B
Oh, wait, then we got to figure out what it's going to be. Who's going to be next.
- [77:36]
C
Yeah. Post your address, Ed. We're going to post it. Let us know because he probably posted on YouTube and we don't see it here sometimes.
- [77:43]
B
So let me open up another one so we can keep track of. Post that address. Next one up is the Templar.
- [78:00]
C
Okay, there we go, guys. Templar. You want to put it up there? That's it. That's. Cleaver is who you are playing for, guys. So whoever wins that will win. Snow. Cleaver.
- [78:11]
B
Let me get Ed's address real quick.
- [78:15]
C
Address. Beautiful.
- [78:19]
B
Let me send this bad boy over to you.
- [78:21]
C
Dang, my phone. Lost my wallet, so I'm bowing out until I find it. Okay, Now. Okay, John. No. Which means you're pretty much guaranteed to win tonight.
- [78:31]
B
Exactly. The next. The next drawing is John. All right, Let me send this bad boy over To Ed. Give me one second.
- [78:42]
C
That. How did your phone lose your wallet? That's weird, dude.
- [78:54]
B
That's weird. That. That one's up. All right, the first one is gone.
- [78:59]
C
El Snare is gone To Ed. Og on the chain fam member. Congratulations, Ed. Psych for you, man. He's got one of the. You guys got. These are one of five. Don't exist anywhere else. They're very rare because they're one of five. All right, let's throw the next one up. What do we got next on tap here, Jeff? What's the next one? We're giving away last show of the year, guys. We're giving away some Christmas yetis that Jeff and I teamed up to put together. Snow Cleaver. Let's do it. Snow Cleaver. He's got that little cool mistletoe right over there with the bell. Beautiful.
- [79:39]
B
Okay, there we go.
- [79:42]
C
Here we go. So let's do the. Let's do it. Ready? Here we go. Let's see who's gonna win next draw again. Boom, boom, boom, boom, boom, boom, boom, boom. Who is it? It is. Ice Wine. No. Big time winner. I think we have your wallet, but you ended up with Snow Cleaver. Oh, beautiful, Beautiful. There you go. I know we have your wallet, so we don't have to wait because you are already in there.
- [80:24]
B
I swan ice one.
- [80:26]
C
Beautiful one. You're welcome, man. Thank you for being a OTC family member and always coming in and checking in. And Ed's one of the few guys that always points out smash the likes. I love that. You gotta remind people how many times. You know, sometimes I watch stuff. I even like the video. I watch a whole 20 minutes. I don't like it. I don't smash the thumbs up. And you know, looks that does help the algorithm. So I always appreciate you coming in and telling us, telling people what to do. Everyone's got a lot of congrats. Rod Hale says congrats.
- [80:57]
B
Ice Wine. Ice Wine just got Snow.
- [81:01]
C
Beautiful. Grazi.
- [81:03]
B
Beautiful.
- [81:04]
A
Gone.
- [81:04]
B
Gone, I say.
- [81:06]
C
All right, so let's see. We've down to 10. 3 out of 10 chance to win. Those are pretty good odds. Let's see who the next winner is. Well, put the next one up. What are we. What are we bl. Playing for here? Jeff got.
- [81:17]
B
Got rid of the Templar. So number three.
- [81:23]
C
What do we have next? I'm going to show you screen, son.
- [81:36]
B
There it is. Look at that right there. That is a path finder. Look at that glow. It's got his little present. He looks happy. He looks so welcoming, but, you know, that's all facade, so you just got to be. And he is number 1226, by the way. So get ready.
- [82:03]
C
Yeah, yeah, yeah, yeah, yeah, yeah, yeah, yeah.
- [82:15]
B
All right.
- [82:19]
C
All right.
- [82:19]
B
Let's see it after. No, I can't. What is that from the dictator? Oh, that's from the dictator.
- [82:25]
C
All right. Going on.
- [82:27]
B
Aaron, look at this great badass yeti. Look at this Pathfinder. It's a Christmas special. Pathfinder.
- [82:34]
C
Wow.
- [82:35]
B
Yeah, look at this one. How do you.
- [82:37]
C
How do you. While you're sweating?
- [82:39]
B
Yep. It's hot in here.
- [82:41]
C
He's sweating.
- [82:44]
B
Sweating balls.
- [82:45]
C
We can't see Aaron on screen, dude.
- [82:47]
A
Yep.
- [82:48]
B
Here. Come on.
- [82:48]
C
The screen. There you go. Dude. Look at the wild, crazy hair, man. Letting that hair grow. Your dad's not hassling you about your hair yet?
- [83:02]
B
No, he just had it done. When are you getting a haircut? A haircut Tomorrow.
- [83:08]
C
That's what my dad used to sit. When you getting a haircut? I'm like the 10th of never.
- [83:12]
B
The what? Oh, Yali's house manana. Okay.
- [83:18]
C
Well, my parents that they let me get that long hair out of my craze out of me when I was in high school instead of making me cut my hair. I probably wouldn't have long hair later. But I did. But I did. Look at this. Jeff got a little.
- [83:28]
B
Can I see that? See? Gonna get it shaved off around the.
- [83:32]
C
No, I'm not going back to it. I'm just. It's just. It's a lot easier to keep it out of my face because it's kind of long. But look at. There we go. Frost Bell's next. All right, guys, who's gonna win? Frost Bell. Let's go. Let's go to Frost. Who's the winner? We saw eyes Wine one. Who's the next one up? Who will it be? Tick Boom. He said he was due. Poker. Poker. Moat wins. He knew he was. Do I think we have poker moves address as well?
- [84:05]
B
Let's see.
- [84:06]
C
I'm pretty sure we have poker Mokes. He's one here. I think he's one.
- [84:10]
B
I don't know.
- [84:11]
C
You say that.
- [84:12]
B
No, he's not one. Doesn't want to wait. Let me go to the blue.
- [84:16]
C
What about a blue?
- [84:18]
B
Let me check. Hang on.
- [84:25]
C
I know, I know. He said he was due here somewhere.
- [84:28]
B
Okay, let's see. Let's go into the blues. Oh, gonna stop. Gotta go to giveaways. Let's see here.
- [84:34]
C
Poker posted it right there. Dude.
- [84:37]
B
Let me see if he's.
- [84:38]
C
There's his wall. Congratulations. Poker moat wins. Big winner. Winner, winner, chicken dinner. And he did think he was going to be due and he was right. Jim Z. Said he looks like he's stoned. Well, that's why he's so happy. I don't know. Could be any porch pirate.
- [84:54]
B
There you go, Chad. There it is right there.
- [84:59]
C
You got an original one. Dude, these are like. This is. These are one offs. This is. This is the 2025 Christmas edition YETI special ones.
- [85:09]
B
That's all.
- [85:10]
C
That's special, yo. Yeah, man. Merry Christmas. Absolutely. Okay, guys, we still have two more to give away and the last. We'll save the best for last. Jim D. Has his heart on the black Yeti for the black Yeti tribe. Not been released yet. We thought we'd have a little fun with a yeti that you guys haven't seen yet. Let's see.
- [85:31]
B
That's it. Okra Mope has got the.
- [85:33]
C
You're welcome, man. Thank you for being a big supporter. Thank you for coming in here, man. We appreciate you guys. This is an appreciation for all of you guys. We wouldn't do this otherwise. It'd be just Jeff and I talking to us, which we spent a lot of time doing before the show. But it's way more fun with you guys. Okay, look at that. We have somebody that just got added there. So YETI got xrp. What does it say? Bor Bornock Army. Bor Army. There you go.
- [85:58]
B
From Bor.
- [85:59]
C
All right, good. We got an extra one in there. Good one for there. Let's go ahead and let's draw. Jeff, show them what they're up against. What are they going to win here? What are they playing for?
- [86:08]
B
What are we playing for?
- [86:10]
C
Brand new screen. Keep your screen up there, dude.
- [86:14]
B
Oh, you absolutely removing. Oh, you know what? I just need to hit the hide. There we go.
- [86:21]
C
Edit.
- [86:22]
B
Look at this guy. This is the mentalist. That detail. Now look at that Christmas tree. He's got a present. This guy will blast your brain.
- [86:35]
C
Yeah. Badass yeti. What's his name? Jeff? Noel. No, I like that.
- [86:42]
B
Noel. No, no.
- [86:44]
C
Well, Noel. Noel Null. I like that. It's a cool name. Who's gonna win him? We're about to find out because I'm putting this up on the stage right now. I hate that. You have to remove it first. That's dumb. Go back to the way it used to be and let's see who the next winner is. You got a 2 and 111 chance to win. Let's go. And the winner is. Boom. Xrp. Or army. He just posted it right there. Look at that, man. It always pays to play and you have won. Noel. No. Badass city army tribe. Nice. Congratulations. We're gonna need your zombie wallet. We know you're here because you posted that second ago. So we know you're here. We need to get you your. We need your Zaman wallet.
- [87:40]
B
It's already posted it.
- [87:41]
C
There it is, boss. Beautiful. Nice going, man. Congratulations. My man or my gal. I don't know if you're a man or a Galaxy Boracua army. There you go. 40, 87. Yeah. Congrats. Get your zombin wallet. Go in there.
- [88:00]
B
Oh.
- [88:01]
C
Copy and paste it in. Which you did. So you're good.
- [88:04]
B
There's number four. Four of those.
- [88:06]
C
The three winners post.
- [88:08]
B
Yes.
- [88:08]
C
Four. It's the fourth. Yeah. This is the fourth. Yep. This is the fourth one.
- [88:15]
B
So, Jim, we're on number five from Puerto Rico.
- [88:19]
C
Puerto Rico. Puerto Rico. Gosh, I can't wait to go to Puerto Rico, man.
- [88:25]
B
I haven't been there in a while.
- [88:26]
C
I haven't been there at all, man. It's funny because I was talking to. I was at a wedding and our friends from Puerto Rico, and there were a lot of people from Puerto Rico in the. At the wedding. So there I was just. They were talking about it. I was just like, oh, man, it sounds beautiful. I was seeing pictures. I was like, oh, this is beautiful. I gotta go. I gotta get there. But yeah, big Puerto Rican. Puerto Rican. And the family. So a lot of people came from Puerto Rico. It's very cool. It's really nice. Yeah. Nice job on the wallet addresses, I gotta say. It's moving along. Very good, guys. The last one, Jeff, show them what they're playing for. Put up the badass yeti black tribe, as Jim D. Calls it, the ebony tribe member. But we've got a purple tribe done and we've got a black tribe done. But before that, in the beginning of the new year in January, we're launching our badass chimps. There you go.
- [89:21]
B
Badass chimps.
- [89:22]
C
Yeah. Click on that puppy and let's put them up. There we go. Boom. Look at that, Jeff. Let's go, baby. Yeah. What's nice about these guys, they blend right into the mountainside. You don't even see them against that mountain in the background. They just move. They're very, very stealth. And they're tall, they're taller. They're like the tallest of the tribe. They're the tallest yetis towering over the Christmas tree. Yeah, he's like. He's like the Jeff. The seven known as elders. He's like an elder height.
- [89:53]
B
He is the elder height, so.
- [89:57]
C
All right, here we go, guys. This is the last one of the Christmas bonanza. This is our last show of 2025. We'll see you guys all next year, probably that Saturday after New Year's. So, guys, take a break. Enjoy yourselves. But let's see who the winner is. Let's draw this puppy. Tick, tick, tick, tick, tick. Who's gonna get the exclusive Black Badass Yeti Cash Velocity? Man. Who just said. Nice job on the wallet addresses. Let's see if you. I think we have yours, too. I don't think we need it. I think we have yours. Congratulations on winning this amazing Badass Black Yeti edition. Look at that. Gotta love that, man. That's awesome. Congrats, Cash. Beautiful, baby. Awesome, man.
- [90:53]
B
Velocity.
- [90:54]
C
You do have his wallet address, right?
- [90:56]
B
Oh, rigged.
- [90:59]
C
It's only rigged. It's rigged if you win. It's rigged if you don't. Ruin Zoberg.
- [91:04]
B
So rigged.
- [91:06]
C
Good. Guys, we gave away five Yetis Christmas special edition Yetis. You gots to love it, man. Special. Special. Baby. Transfer it. Transfer it.
- [91:18]
B
Jeff, lots of tea.
- [91:20]
C
Oh, thank you, man. Thank you for being a big supporter here. Appreciate you guys. Merry Christmas, all. Happy New Year. Going mobile now. All right, Sounds good, Jim D. Thank you for. We've got a special message to leave you guys with, so don't miss it. Before we get out of here, we're gonna send a special message. Merry Christmas to all. It's day two or three of Hanukkah, I forget which. Day three, maybe day four. Day four. Oh, God, Day four. I've been keeping up for day four of Hanukkah, wishing everyone Hanukkah. And if you celebrate Kwanzaa. I'm sorry. Made up by a guy. I lived in prison. So there you go, Mary. Kwanzaa. And that's all we have, guys. For you. I'm gonna leave you with a special end of the year message. Go out there and crush it. Go out there and be the best you can be. Next in 20, 26. Keep fighting the good fight. We appreciate everything you guys do. You guys come in here, you support us. We appreciate you guys coming in, making time to. To show up for these three hours plus three hours plus a week that we spend. But we do really appreciate you guys. You guys make the show better because of your involvement and because you're the smartest of all the people in the XRP community out there. That's why you show up here. Jeff, what do you want to say? You're special and I wish everybody a happy new year because I won't, you know. We'll see you next year. Jeff, what do you got to say?
- [92:49]
B
Very happy new Year. And same thing as Chip said. Appreciate everybody for coming in here supporting us. We're coming to the conclusion of 2025 and onward to amazing things for 2026. We're looking forward to where 26 brings us. I think 26 is going to be a phenomenal year. It's all been building up for 2026.
- [93:15]
C
Yeah. I wish Charles all the best in the playoffs. I watched that Pittsburgh game last night. Pittsburgh's good this year. I don't like your coach. I don't think anybody does. They get you to the playoffs every year that they let you down but. And that defense for the most highest paid defense. But at least you guys have name brand defense. The Bills have nobody. I don't even know who's gonna be showing up at the week. And we lost our kicker. We had to get some guy off of waivers that's 30 years old and a replacement kicker got a quad injury and our our kickers out for the year. So it's always been rough. Been a good year. See you guys next year when we are all wealthy. I like that, Rod. I like that. Thank you for the well wishes guys. Really appreciate you guys. And we will see you on the next one which will be probably the Saturday after because I think Wednesday is New Year's, right? Right?
- [94:03]
B
I believe so.
- [94:04]
C
So we won't be broadcasting New Year's but it'll be that Saturday with the third maybe. Is it the third or fourth on that Saturday? That's the next time we'll see you guys. So a little sabbatical. Take some time off, enjoy family, friends for whatever holiday you do celebrate. But it's time for. It's always a great time for family and we wish you guys all the best and we'll see you on the next one's gonna go out without a. Without the video. Here we go. See you on the next one. Chip and Jeff.
- [94:34]
B
Oh, are you down with otc?
- [94:40]
C
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