Transcript
Jeff (0:01)
Welcome back to on the Chain. Today feels different. Ship XRP trying to break out, maybe reverse breakout. Gonna get into this anyways. Regulation is no longer something that's being debated. It's actually being stress tested in real time. They're really trying to push some regulation. At least they're discussing the regulations, they're talking about it in Congress. Things are going around globally, but what we're watching right now looks a lot like the early stages of a global financial reset.
Chip (0:36)
Exactly. And power structures are shifting, markets are responding and the rules of the game are being forced into the open. XRP isn't really moving in isolation though. It's really moving because of clarity, structure, real utility are basically colliding with systems that were really never designed for transparency.
Jeff (0:55)
And ain't that the truth. We're seeing that play out on a global scale as the cabal, so to speak is fighting back, trying to maintain their power because they don't like transparency. And that is exactly what we're unpacking today. We're getting into the geopolitics, we're getting into the crypto. Unlike the other YouTube fanboy channels out there that give you hype and FOMO and 589 and a thousand end of year we're going to talk about what's real, we're going to talk about what's noise because there's way too much of it out there. And we're also going to talk about why this moment right now, right here really matters.
Chip (1:37)
Absolutely. Let's go. Welcome to on the Change. Welcome everybody to on the Chain. You know they love the centralization. Anything they can control, anything they can put their finger on, any narrative they can spin up and that's right. You know it was funny, I was at an event yesterday and it was, was really mostly focused on AI, but there's also a lot of, of course everybody there is in the blockchain. So that came up numerous times and one of the things that I kind of takeaways I got were, you know, the whole idea of moving away from centralization, you know, in some respects too, the way the AI will be able to transform trading making. Because right now you have an algorithm and it's, you tweak it and it does something where AI can do it on the fly, it can sort of start adjusting. And what's interesting is that if you take some of the big models out there, if you look at ChatGPT, you look at anthropic, you look at Cloud, you look at Grok, Grok to this date is returning 8 to 12% as a trading bot. People that have been leveraging it about what to buy prompts are pretty long. And what you have to figure out, it's not like, hey, Gro, tell me what to buy. It doesn't work like that. Garbage in, garbage out. But you have to be able to. And it's been producing, you know, 8 to 12% returns way, way above any of the other ones. So when I think about AI, think about blockchain, you think about the whole idea of decentralization. You think about the global footprint of the entire human race living on a planet that really want the basics. They want the government off their back. They want to be able to invest their money where they want to invest their money. They want to be able to build wealth, and they look out for the families. They just want to just do their thing. And we just have these governments. The EU is imploding in real time. Jeff. It's just insane to watch what's happening over there. This bonder lady, whatever her name is, she's not even elected. Who. Who is she to be going over, cutting deals? Imagine that you give up your sovereignty to some nut job like that. Who's cutting deals with India that are gonna import, you know, yet more, you know, bring more, you know, foreigners into your country. And it's not that I'm against that. I, you know, Indians are very well, you know, trained, and they're classly trained. They're great coders or they do a lot of things very well. But the whole point is, is that you're just gonna cease being countries. Like, nobody in India is thinking about importing, you know, Europeans. They're not thinking about, how can we bring more Europeans here? Like, why don't we have more Europeans in Mumbai and some of the tech hubs, like, you know, what's missing from here. Europeans. You know what's missing from here. Americans. Like, no, they're not thinking about. They're thinking about their country, their culture. There's like 50 some languages spoken in the. In India, you got Hindi, which is one of them. But each. Each region has their own language. There's a lot to. It's a lot to deal unpack. People think, oh, they don't all speak the same language. I mean, most speak Hindi. Not all, but depends where you're at. But why do we have to transform countries? Their culture, their language, their borders. Like, what are we getting out of that? Like, what. Where's the value in doing that now? It's great to have Trade agreements. They dropped these to have 110% tariffs on their cars and vehicles and they kind of removed that. But the picture I'm thinking about tying this all into is the fact that as countries will do and as the EU will do these things, the people, whether you're in India, which is a massive, an incredible population of people that understand digital assets and invest, this is the one thing that brings us all together. And the governments will do what they'll do, but people ultimately just want to thrive. Jeff.
