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Jeff
Welcome to on the Chain. This is Jeff here. Wait here. By myself. We are going to dive in head first, right into the shallow end. We got a lot of things we want to cover in a short period of time to do it. And a huge shout out to President Trump. What an amazing rally happened today over there. Getting ready for the big inauguration tomorrow. And as things go, and as you could probably see on the thumbnail today, we're going to talk about the crypto golden age. We're going to talk about xrp, we're going to talk about bitcoin. It is relevant in some level and we're going to get into it. But xrp, rocketing to the moon, crypto golden age and Trump. And guess what? We're going, guess what we are doing. We're getting ready for the four greatest years in the history of this country because things are getting ready to heat up. Things are getting amazing right now. He's not even in yet. One more day. Let's hold in there till tomorrow at noon and the rest is history. And we're gonna see so much winning. We're gonna have more winning than we saw in the first four years of Trump. We had a big lull in the last four years. Trump, the only and the greatest crypto supporter in government. Crypto president. We have a crypto Congress, we have a crypto friendly Senate. So if you guys are ready to kick this thing off, I'm ready to kick this thing off because we are going to get fired up. So if we're getting fired up, you know what that means. This is what it means right here. Let's go. That's what that means. Big shout out, everybody chime in to where you guys are tuning in from. That's what I'm talking about. Tune in where you guys are tuning in from. Mike Moro, make sure you log into XRP Cafe and accept that beautiful badass yeti that, that you won not that long ago. So we got Mike Marath and actually McDreamy, but McDreamy's over on Discord. But there's actually three XRPs just lingering in the looking for their owner column because we transfer them over and they're sitting there somehow in like a purgatory spot. But Mike, that was December 29th, so it just, he's just sitting there all lonely and doesn't know exactly where to go or what to do. But get ready. Get your word of the day ready. I actually have to pull it up because I, that's the one thing that I forgot to Pull up here. So let me get the drawing giveaway tool rolling here. Give me one second. And you guys know what the word of the day is. So hold back on that word of the day while I get this giveaway page up and running. It takes two seconds to do that. And so you guys know the word. It is now ready to go. There's already four entries in it. Why? Because it is retroactive. That's how great that giveaway tool is. It already picks up when you type it in. And I saw the king. The king's already got that going. The king. Big winner of a cool little prowler yeti from the other day. Check it out. Check out the king. The king swapped out his crown for that little prowler. Now, the little prowler in the white badass Yeti's white tribe, the little prowler clan, those guys are. They're small, they're cuddly. They're in there somehow in the undergrowth of the woods. But if you run into them, you don't want to, because those guys are absolutely deadly. So keep going on. Let's keep, you know, posting, which will be amazing. So let me see this here. AP Cool J. Your dreams are an illusion, dude. Trump is killing crypto. Trump's not killing crypto. Crypto is about to. To skyrocket like we've never seen it before. Crypto was actually getting ready to die in the US with this current administration. We have a. An SEC chair that was trying to obliterate cryptocurrency, and there's proof on the ground we can go through that. And actually the first thing we're going to do today. So I'm glad AP Cool J brought that up because it's really poignant. And we are going to pull up a tweet that both Chip and I commented on, and it was actually from John Deaton. John Deaton has been boasting, reaching out to Trump and Elon Musk. And, you know, I've seen his post, you know, kind of ongoing, all about the new direction that crypto's taking. You know, who else knows that crypto is moving into this golden age? And that's Brad Garlinghouse of Ripple. Why? Because Brad Garling El predicted back, I would say, you know, throughout 24, going back around, like, 23 to 24, we started noticing some changes. But even if we go back and you listen to some of the things that he says, how he says it, you could tell that his kind of political, economic mindset is a little different. From much of the wokeism, so to speak, amongst many of the employees over at Ripple. But we saw this major, major turning point. And then October, it was galvanized when he was being interviewed, and he said, the next administration is going to be crypto friendly. And here we go. And so, you know, you don't have to go too far to really dig into those that are actively involved in the space. And then if you take somebody like an Elon Musk and others that are getting ready at a clean house and get serious about what's going on with this country. Why? Because as we innovate and we start creating the environment and we reduce the toxicity and we create an environment which is business friendly, innovation friendly, technology friendly, then we're moving in a very positive, correct direction. So Chip is actually watching the Bills, if you can believe that. The Lions lost, unfortunately. So the Lions are out, which it really kind of sucks. So Chip has an opportunity to win and win big with the Bills. So let's hang in there for him. And let's see what's going on. Is it 8 degrees in Columbia or is. Or at Columbia in Missouri. That is crazy. So let's see here. We've got Tina hall just popped in. We got Missouri, which is very cool. We got. Forget crypto. Trump is going to reveal the deal with that, that any. And he talked about the Kennedys. He talked about, you know, a number of different things that are going to be revealed in the near future. So that's going to be, you know, really key. We've got Chad coming in from Celebration. You know, it's really cool. We have people that are coming in from all over the world, which is great. All over the world, including like Colorado, which is negative 13. In Colorado, we got like, you know, again, Colorado, Missouri, number. We got Belgium. And I know we have a bunch from down under over in Australia, and I know we have UK in here. So we got people tuning in from all over, including Florida, which is very, very cool. So let me scroll down through here. It's great, great to see Tina Hall. Tina, we haven't seen you in a while. So glad that you've made it back on. And. And I can't believe that it's 32 degrees in Houston. Every time people in Texas tell me it gets cold in Texas, I was. I'm always a little bit shocked, you know, that it's. That it happens maybe during the day like here, you know, last weekend we're out by the fire. I think it was like 54 degrees. The one night was like 63, you know, so it's kind of nice down here when it gets a little bit chilly. Yesterday was doing some work tearing roots out and, and trees and stuff like that from the side yard, trying to get it prepped and it was like overcast, breezy. It was really nice out this morning. Same thing out washing the cars early. And it was just really, really nice. And so tell you what, if you start doing that, like it's, it's such like, it's so therapeutic. You can just like disengage, put the music on and out just washing the cars and just focus on making sure the cars are shiny down to the detail of the, of. Of your wheel rims, you know, and then you open that, you know, just around this, the every, every aspect and just to see the shine at the end, it's really kind of got it nice. Actually. I don't know, I've been getting some enjoyment out of that lately, which is great. So here we go. All right, let's move on to crypto. We don't need to talk about cleaning cars and tearing out roots out of the yard because that's not as relevant. But I want to get into some of the things that Jim D. Is talking about over here. But you know, it's great. And Dakota Shipley's here as well and haven't seen Dakota also in a little bit. But it's always great to see people popping in that we haven't seen in a while. And Dakota's saying, I Hope all the OGs are enjoying these XRP gains. Seven years too long, man. Think about everybody that came into this space back in 2017, people that have been in it way before that. But 2017, 2018 drew in a lot of people that ended up kind of close to the all time highs and that $3 to 3.60 or 3.80 range. So some were on the way up. You know, I kind of came in 2017 where it's, it's crazy, you know, where you kind of see, you know, that price point back in 17 when it was in that 19 to like 25 to 27 cent range. Seeing it rack up, you know, to all time highs and then seeing the other side of the cliff when it ended up going back down into the 20s again and having opportunities to get in to, to buy more, to see development of the market, to kind of diversify into other things and then say, well, I wish I didn't diversify into that and then make all sorts of cool mistakes and and lessons and you get to learn stuff along the way. But Tina hall Also, you know, 2017, it's amazing, you know, how long all of us have been, you know, in it and been together, you know, through the live streaming. You know, whether it was when I had first started back with the Huddle Report and then migrated to the Huddle Review and Chip with the XRP minute and then when we started on the chain, bringing it all together and just experiencing everything with you guys has just been really, really amazing. I want to get to this comment also. You know, I'm going to do this now. Let's, let's, let's kind of reference some of the things that are going on in the chat because it's engaging. Then we're going to go over to this Deaton post and some of the comments that both Chip and I had on it. But let's pull this one up from sooner. Mao5 and there's thank you for the support. Hey, by the way, you guys want to help? You say how can I support on the chain? One way, just show up and engage comments, all that great things. But we have a number of ways to help support, to make sure we keep the lights on. And it's awesome. You know, you obviously can help over here through YouTube. You can go over to XRP Cafe, engage directly on the XRPL and have some fun with NFTs. We have both the Badass Yetis White Tribe and the Blue tribe and we're going to be giving away one of the White tribe today, which is going to be great. So we'll be going through that. So there's a number of ways. And you can get the Badass Yetis coffee, which is outstanding. And Mike can attest to that. My preference. I like Obsidian Bold. I like the Dark Rich Roast. But we'll, we'll talk about that later. Later. Sooner said. I honestly don't know how to feel about the Trump meme coins. I think the administration will do great things. Yeah, that and I was talking to Chip about this and I'm sure Chip would have, you know, similar kind of commentary. The timing of it seemed a little up. I don't think it was a, you know, Trump specific, you know, project. I'm sure, you know, just overall. But the point is Trump is branded everything. Today at lunch, parents came over. Guess what we did? We opened up a bottle of Trump wine. So my wife had bought a case of Trump wine that we've gone through different ones. This one was really good. It was a reserve. It was A Monticello. And I can tell you more specifically. Let me see. I'll tell you exactly which one it was. And, and, and I'll tell you my point on this. Kind of my feelings and, you know, timing, marketing. I also got a text today that said, hey, good news, you know, this is. You're talking to Trump right now. And it was actually more fundraising. But, and this is. Trump is always. So this one is New World Reserve 2021. It was estate bottled Monticello red red wine, which is majority kind of Merlot with a little bit of Cabernet Franc and, and then Malbec. And there was one other, I can't remember the fourth blend in it, but with. Had another two other Trump wines before. Didn't like them 100%. They weren't my taste. There was a white, I don't, I'm not into white wines. That's what we had opened. But this one, I can tell you, I liked it. It was really good. It was obviously a red wine, but that's what we did today. So my point, Trump wine. If you go to the Trump Resort down in do, man, they got all sorts of things. You can get the amenities, the different shampoos and the soaps as well, you know, that are Trump branded. There's the Trump watch, there's all sorts of things. So, you know, you think about it, if you got the Trump Vineyards, they're Trump branded everywhere. So, hey, have a Trump Meme coin. You know what, it's a meme coin. Buy it, you know where the money's going, it's going to help, you know, support the cause a little bit further. And you get something that's, that's kind of cool. You get a Trump nft. So that's it, that's, that's where it starts, that's where it ends, you know, or you get the meme coins. Anyways, I don't know about the NFT part, but you get the Trump meme coins. So that's it. Sir John saying, whatever happens to Trump coin, it bought me a Submariner Starbucks today. Wearing it at ATM and toasting Trump. There you go. That's what it got you. So that's, that's pretty good. You know, everyone's excited. So, Thomas Brennan, what is up? Thomas? I've been in since late 2019, making mistakes along the way, but learned to relax and not trust Gary and letting my XRP alone, man. I, I'll tell you what, that's, that is the hardest thing, right, is learning the lessons, whether it's in stock or it's in crypto. You know, buy, sell, never try to try to guess the market. It's easier to buy and hold. You can look for certain exits. Like if you feel passionate about it and you say, hey, you know what I've made, the gains I want to make, I'm out. Then, you know, you never look back. That. That's the one thing I've learned. You know, let's say, you know, I made back when it was Twitter. I bought and sold Twitter like three or four times, made money each time, made it on the way up, sold it down, bought in, sold it, and I was happy with the gains. Facebook, which is now met up, I think. You know, I don't know what it's trading at right now. Let me look it up. Let's see what Meta is trading at. And I sold it because I didn't want to hold their stock anymore. And I'd held it for a little while and, and wrote it up, you know, pretty nicely. But let me look at this one as an example. So sitting at 600 right now, I sold when it was probably around 350, maybe it was 3, 300, 350, and made decent, decent margin on, on Facebook at the time. Completely happy. I look at it now and I could say I wish I would have kept it and wrote it to 600. You know, I would have twice the profits right now. But you know what, I took that mark and put it into something else, you know, like right now. You know, personally, I like Palantir and there's, there's other stocks that I'm sure. And the same thing in crypto, right. Gonna diversify. Do you hold. How long do you hold it for? Do you ride it for the long term or, or do you look for your outs and you move on crypto? I look, I look at crypto, where, you know, you're putting it in 2017, you know, with some of the investments. But along the way, I've made mistakes. I've lost money. You know, I was into Celsius, I lost Bitcoin, which was probably the most painful lesson that, that I've ever had in this space when I lost my holdings over there and had to wait for the lawsuit to play out, and then getting back like 60% of my holdings, which, from the valuation of back then and kind of dispersed in little bits. But at least I got something back, you know, but it was a very, very painful mistake that, that, yes, you know, you make these mistakes along the way and that's how it is. Unfortunately, you know, there's so there, there's just so much, you know. Here's another one, hardest lesson. Setting a stop loss. Man, that heading, setting a stop loss on stock, you know, or just, you know, a trailing stop on the way up. Understanding what your sell off points are, what your game points before you go into it. So if you know, hey, I'm buying, I'm gonna buy and hold, I don't care, right? I'm buying it, I'm holding it, whatever it's going to be, not, I'm going to keep accumulating or buying for the next 10 years. What it is in 10 years, it is in 10 years. You know, we'll look at it. Obviously you got to be smart because if the market shifts and changes, maybe there's a way out, maybe there isn't. Maybe you just. But you're buying and holding, you're anticipating long term growth versus if I'm looking for an entry point, I'm looking for an exit point, I want to put a trailing stop on it. I also want to know that if I'm putting a trailing stop, I, I have to know exactly what that closeout margin is. So whatever that drop in percentage is. So if that trailing stop is going up, as you know, soon after you bought it and it's a loss, then you have to be willing, you have to, when you go into it, let's see, your buy point is 10 and you say, you know what, my, my loss percentage, I'm okay if I lose, you know, 15 or 20%. Well, you know what, when I buy it, the first thing I have to do is make sure I'm protecting myself and setting that stop loss. So if it dips by 20%, it's going to sell out at 8 and that's my low point. And if it drop, you know, flash dips below 8, hopefully I can, it gets caught. But if it kind of is gradually, you know, dropping off goes down to seven or six, close me out at eight and I've secured at my 20% loss, you know, same thing on the trailing stop on the way up, that when you're making gains that you have to figure that out too. You always have to make sure that you have it in place so that you're protecting it. But you want to obviously keep riding it. So you put that, that trailing stop on it. So as it's making gains, it keeps going up and you have to make sure that you're comfortable with that margin and eventually there's going to be a point where it's gonna, it's gonna stop you out and you're gonna take your gain and you're gonna be happy with it, and then you're gonna move on, you know, and those are the hardest lessons to learn, you know. Otherwise, you know, you only lose when you sell, you know, and it's, and it's tough. It's. It's really, really tough, you know, to figure it out. Adrian gonna take profits, relax, take a break. Away mentally from all markets. That, that too. Yeah. Know, Never a bad investment, just a bad trade. There you go. That, that's true, too. All sorts of crazy things. Sleepy Kato. The things that shock me are people are selling their XRP and putting into Trump coin. Yeah, I wouldn't. That's the craziest thing, I don't think, you know, it's necessarily a rug pull, but again, they're meme coins, right? Every other Meme coin that's out there, the, there's going to be, it's all based on fomo. A hundred percent, you know, every single meme coin. So it's other people's money. At the end of the day, that's what I, I, you know, people I hope understand, you know, that there. And, and it's easier to take advantage of it if there's people that are buying it and dumping and then dropping, you know, or buying and then dumping, you know, there's going to be people out there. ABC Meme coin doesn't matter. You know, there's a higher probability that people can take advantage of it. You know, if it's lower volume, low price, then, you know, people come in, but it's other people's money. That, that's, that's where the money's coming from. So if you have a hundred people all putting $10 in, and you come in and it, you know, and then it, it goes up and you're selling it, you know, whatever it goes up to. It was $10 goes up to 20, and you sell. Someone's buying it at that $20 price point. You know, it's not just somewhere, you know, out in the cloud, someone is a bag holder at the end. Especially if it drops back down to 10. The people that bought it 20, you know, they sold it to other, you know, you sold it to someone that's going to hold it. It's, it's such a crazy thing. But that's every other stock, you know, except when there's big institutions playing the game, then you have like the, the Kramers of The world that are hyping and promoing things because it's boosting the institution value, you know, and then, you know, they're dumping onto the bag holders or other retail investors coming in after the fact, you know, it's, it, it's so crazy. Sir John said every single OG who tells you he never made a mistake as a liar. We all made mistakes. Some of them more expensive than we ever wanted to make. Yet we are still here because we learned and survived, man. I can tell you, you know, it's again, you know, it's painful when you lose, you know, big value anything, you know, and especially when you don't get the full value back. And then you watch it, like with Bitcoin, I'm looking at that, I'm like, holy crap, you know, at 105 and, you know, I didn't even get a fraction of the, you know, of what I had from, you know, previously. But then you just got to leverage it. You gotta, you know, take a deep breath and you move on with life, you know, and that. And that's it. You know, it's. And so that's it. That, that's, that's the, that's the, that's the point. Visual vendetta. I'm buying on the hourly chart there. There you go. You know, everyone, you have to have a strategy. You have to understand your strategy, and you have to be very, very clear that you understand. You know, like visual vendetta is talking about the hourly chart. You don't know what that even means. Don't even try it, you know, and if you don't have any other strategy in and around that chart to figure out how you're even going to buy it or value it, you know, or anything like that. I read an entire book and I forget what the exact trade was called, but it was basically buying undervalued stocks. Not. Well, I would say under trying to think of the right terminology of it. It was called a. Were like rubber band stocks. So they were stretched to the limit. They had value, a lot of the metrics stacked up, but they were so low in their price point. And certain other metrics, there are all these like key metrics put into an Excel spreadsheet. You had to do research. You had to find stocks that hit on specific target points, whatever those were, and then once you found those stocks, you kind of went through them and you'd sort them a little further and you wanted the ones that were stretched the furthest. And those were the ones that I was buying and for the most part. I was doing really well for a while, but it was almost, it was a daily thing. So it was a daily grind where if you're doing other things and working and you can't stay on it every single day, it became really difficult. But for a while I was winning like, you know, seven out of 10 trades, I was winning on it. But it was such a. You would have to be like, hey, I'm committed, going full time. And that wasn't my thing, you know, but it was fun, you know, but that's where like visual vendetta buying, you know, you gotta, you gotta have that strategy. And I think that's really, really important. Ken Herrera XRP has utility for that reason will climb rapidly once regularly steps, regulatory steps are clear, while speculative tokens, including the new Trump Coin, will continue to flux. Right. Because those are 100% speculative. Right. Based on how you sit. And it's based on fomo, FOMO and fud. And you're going to chase it up, you're going to chase it down and it's a collectible at the end of the day, the Meme Coin, some of them are. It's like Doge. Dogecoin. What it, what is Dogecoin like, what is it really tied to? It's not really tied to anything other than it's Doge. You know, the only platform that's really actively incorporating it into full utility is Flare. Yep. And Flare found a path for that. But there, but there's a lot of coins like that that are out there. Look at the Sheba, you know, Shiba Inu. There's nothing wrong, you know, I hold Shiba, you know, I got it way, way back. And you know, and that's it, you know, so, and I, and I watch what they did. They were Meme Coin, then they launched a Shibarium, then they started building in and around it. But to Sleepy Cato's point or Ken Herrera's point, finding projects that are solutions to real world problems, that actually have the technology that can actually do something to where you can actually build full utility, that's where the space is going. Everything else, the Meme coins, it's like the dot com era where if, if you had a dot com and we talk about this all the time, but there's a.com after your company name or in your company or part of your project or you had a dot com back in the 90s, early 2000s, late 90s, early 2000s, then there were, you know, tons of money floating your way Then every and everyone's happy, right? Paper money, same thing, it's kind of paper money. And then when you get into the real world aspect of it, when we get regulatory clarity in the US that with the new administration, meaning new House, new right, new Congress, House and Senate presidency, we have a good Supreme Court in place. Just overall we have a very, you know, solid outlook on the progress of this country. You have Doge, not the Dogecoin, but the Department of Government Efficiency run by Elon Musk. If he can cut, you know, 70% of the fat workforce, we're going to be in a great place. Department of Education, going back to the States, that's no longer going to be a federal government task any longer there we're going to start seeing and we're going to start getting lean and mean up. But at the same point as that happens, you know, from a government perspective that's open and accepting of innovation, that wants to drive innovation, that wants to drive economic progress, that's the Trump administration. We've seen it, we know it, we saw it, we experienced it for four years. Drill, build, innovate. Made in America. Make America great again. Do the same thing. If you're in a different country, I hope to God your politicians have the same passion and the same fortitude and the same insight, the same energy and the same drive to make your country great again. Trudeau is gone in Canada. I hope whoever steps up to replace Trudeau, wants to make Canada great again has the exact same, you know, fortitude and focus that we're going to have in this country, that they're going to have the same agenda overall, which is making Canada great for Canadians. And I hope it same thing in the European countries. I hope it's the same thing in the African countries. I hope it's the same thing in Australia and down in South America. Because you know what? Argentina and El Salvador are moving in that direction. Many of the other countries in South America, like Venezuela, keep stepping their foot into the, they keep embracing socialism and totalitarian dictatorship style government. It never ends well. It's not good for the people, obviously. It's not good for the neighbors. This country was knocking on the door of socialism and that type of, that type of corruptive government. And it's been happening cross administrations for decades. Didn't just happen in the last four years. The last four years was a very, very clear picture as to why this country had to have a major shift, which is why people across the spectrum have been red pilled and have moved into the maga camp Republicans, Democrats, Independents and people that are non party affiliated are embracing the concept. Why? Because it's good for them. It's good for their family, it's good for the community, it's good for their pocketbooks, it's good for the future generations. And it's just a positive mindset, you know, forget the negative, toxic, you know, mindsets. It's just not good for any of us, you know, and so, so that's the direction that we have to go in. And, and that's it. You know, it's, it, it's so, so important. It really is. So I, I kind of went off onto a little bit of a tangent. Might have turned some people off, but we want to get into crypto. Want to talk about why, you know, is this country moving into the greatest four years? We touched on it a little bit, but there's more than that, right? We have to look back, we have to kind of see what has happened. We have to see what will be happening over the next four years. And that is what's going to be most important. So I look at John Deon's tweet here. Both Chip and I ended up commenting on it because this Dennis Porter had said. Massive breaking news. Massachusetts becomes the first state in the nation to have both Republican and Democrat support for a strategic bitcoin reserve. However, that's not true. It's good. Texas was actually first. So Texas a couple days ago had also actually launched a bill to support a bitcoin strategic bit Bitcoin reserve for Texas. We're starting to see states get into a. We're starting to see the states get into understanding the dynamics of the crypto space, becoming crypto friendly, understanding the necessity of a crypto strategic reserve. Let's use bitcoin. It could be bitcoin. I think you need to truly need a basket of coins. You can't just have a bitcoin. I think you need to have a bitcoin. I think you need to have xrp. I think they probably need to have Ethereum. They probably need to have a couple others in that basket. If it's 100% solely just Bitcoin reserve, I think it could, you know, then it, it becomes a little bit more difficult, you know, specific for the state. But to teach his own, I guess. Right. Microstrategy. Good example. What is it? 400,000 Bitcoin. I forget what they're up to now. A ton. So John Dean said, hey, look at that first one in. So I like how Chip said, what's the fake Indian gonna say now let's see who gets the bill first. Texa has one in the works too. My money's on Texas. I kind of agree with that because I also commented on chip statement. You know, the fact that he said his money's on Texas, my money's on Texas Also. I think they have a little bit of a better chance of getting it done because my response was Massachusetts letting bitcoin into the reserves with a dem controlled governor, state house and senate, that's about as likely as Boston declaring pineapple the official pizza topping. And I'm so obviously Boston pineapple pizza. Probably not going to happen. But hey, never say never. Maybe bitcoin just needs to show its progressive side. That was my comment over there. You know, to, to that. I, I think, hey, you know what, it's good news though. I'm not, you know, trying not, I'm not trying to, you know, squash this. The, the idea of it, the notion that it's bipartisan, that we're getting Democrats and Republicans that want to embrace it. A. It wasn't first. But, but let's look at, you know, where, where we could potentially go with this federal government bitcoin strategic bitcoin reserve states. Let's say Texas, let's say Massachusetts, let's say Florida gets, let's say all the states end up holding up in their treasury, they have a strategic reserve of bitcoin to show some stability. It could be really, really important. And it's game changing to say the least that they're even thinking along those lines. So I'm really happy just to see that that's kind of a notion that they're even considering it and that they're voting on it now. We'll take another sidestep because today must have been the day of John Deaton post because we found another one that had popped up. And I think this is important too because as we get to a very friendly, you know, crypto government president, U. S House, U.S. senate, we have to look at some of the things, detrimental things that have happened over the past four years. And yes, many of them under Gary Gensler. All right, so Gary Gensler took it upon himself, his own initiative to start to really dictate or write law, so to speak, on crypto. Why? Because, oops, I just, I just went over to the Ravens bills. Let's see what the. Don't know what the score was here. Can we click it? See does it open up? There we go. We are. Oh, that's over. Under. Where Are we at point wise? Is this it? There you go, right there. 21, 19. Oh, well, there you go. Look at that. That's kind of crazy, right? No, it's. Oh, that was the touchdown. All right, so there you go. I'm sure, I'm sure Chip is kind of on pins and needles right now and not so super enthusiastic on the. On what's going on. Well, maybe is enthusiastic, but I'm sure he's getting a little bit nervous here. So he wants the, he wants the Buffalo Bills to win. All right, let's go. Let's go back up to this. Oh, there we go. He is quick. Boom. 19, 21. Okay, so let's go back here. So John Deaton, this is really critical, right? So someone early on said Trump is the one that's going to destroy. What did he say? Who was it that said that? Let's see if I can go all the way back. Karma Carmichael's here. Where'd it go? Let's pull. Where did it go? Come on, let's go all the way up. I might be. Might not find it. Oh, there it is. It was AP Cool J, right? XRP supporter. It's got the hat and everything. But your dreams are an illusion. Trump is killing. Okay, so this, this is to that statement, right? I was going to get to it earlier. So this is the past four years. Let's see what's happened in the last four years to help and support crypto and see exactly where the administration went regarding crypto. And so let's look dope. Here we go. The day after Trump launches a presidential meme coin and after attending the inaugural vault where Americans America's newly appointed cryptozar David Sachs declared the war on crypto over, promising America will usher in golden age of innovation. I can't help but reflect on the last four years. So let's look and see where we. What happened. Now this is John Deon, right, actively involved because he filed amicus briefs on each and every single one of these cases. And these cases were a huge money sucks. So think about the energy, the focus, the money, everything that has been sucked out of the space from an investment perspective, just overall what it has done to development, innovation and everything else in crypto just from a forget money, focus, energy etc, right? And think about how it actually crushed a couple companies. And one of them specifically that we're going to look at that it devastated and crushed is library. Library gone. Library completely dead. Like it was, it was moving, it was developing. They actually had an amazing platform video Platform that was progressing and, and developing. We saw another one that was out there. What was it called? They built it on the xrpl. Had a strange name to it. I think it was a food group or something. But anyhow, that one's gone. This one was crushed by the SEC specifically. But here's the amicus briefs, the amicus briefs that Deaton filed. Ripple, Library and Coinbase. So what was John Dean doing? He did it to represent users, developers, individual investors and content providers. So John says, you know, this is John Deaton. I'm sitting here thinking about the incredible waste of time, energy, money and resources wasted during the last four years. Library.com dead. Killed by bad faith regulators who followed through on their threat to bankruptcy. The small American company out of New Hampshire. Think about that, right? They're objective, Gary Gendler's objective, whose purpose in the SEC is to protect individual investors. That's it. Protect individual investor. They've decimated individual investors, as we know. Billions of dollars of damage in XRP alone. Library. I can't, I don't even know what the number is. I know what it cost them. I know by putting the company out of business, it was extremely, you know, painful and damaging. This. Just think about the damage to the space. What Jeremy Kaufman could have continued to add value with that Library platform. Now consider this. No fraud was committed or even alleged. There was a very active Library community and ecosystem of users and content providers utilizing the platform. You know how I know that there were active content providers on it? Because Chip and I were on there on the chain, was on Library. We had followers on Library. We're starting to, to build up and develop a following over on Library. And we had YouTube videos just instant automatically going over to libraries. A very interesting, you know, solution overall and simple, simple to use Cinnamon. Cinnamon was the other one. Cinnamon was built on xrp. And we tried and tried and tried, but it just, it was going to take millions and millions and millions of dollars to get Cinnamon from where it was to another level. And the XRPL foundation was not in a position to support them at the time. But I would have loved to have seen Cinnamon get millions of dollars, but they would have probably have had to go through a name change because think about trying to log into Cinnamon and trying to remember how to spell Cinnamon because most people don't know how to spell it. Is it 1n? Is it 2 ends? Is it 2m's? The one end at the end, two ends at the end. Super hard to tell, right? So Cinnamon. But it was A nice platform. They're doing some cool things that died out. Just lack of involvement from, from the community at large. Very difficult trying to take on YouTube at the time Library was making a run for it and partnered and they were pulling YouTube content, which was, which was really cool. Right. So think about how they crushed it. So John, go back to John. Library employees lost jobs. An American entrepreneur, Jeremy Kaufman, there he is right there. Lost millions due to legal fees. Those millions are gone and will not be used for things like jobs marketing, advertising, health insurance, research, development. Libraries dead murdered by politically motivated corrupt bureaucrat. So to a. AJ Cool J, whatever your. Your name was there, AP Cool J, I think it was this was under the last four years, the next four years being embraced by someone that is passionate about innovation and development. It's. And, and maybe he was just saying it facetiously, I don't know. But for anyone joining in, bitcoin, the stock market, the crypto market, XRP on its own has just absolutely, you know, destroyed since November. November 5th, got elected that week, stock markets started to rally. They rallied from November through December into January. XRP sitting around $3 and 19 cents or $3 and 13 cents, whatever. Is Bitcoin back to about 104, 105. Let's wait and see what happens on Tuesday. Tomorrow, I would say at 1pm we're gonna start seeing some positive growth and expansion like we've never seen before in the history. Mainly because people need it. They. They want it. A majority of the population in the United States is on board with it. They want it. They need it. They want to see this country flourish. People around the world want it. They need it. They need a beacon of freedom. They need. They need a beacon of economic growth. They need something to look up to. For years, until 2015, musicians, actors and politicians groveled at Donald Trump's feet. Love Donald Trump. Put him in music videos, put him on tv, put him in movies. Politicians groveled and begged for money. They all loved him the moment he ran for office. All those fake people turned on him in an instant. And all the most loud, outspoken ones were the exact ones that were doing the groveling before. So think about that. You know, there's a lot of context that has to go in to thinking and making a determination about where we're going and the direction we're moving in. Let's just take a minute of a pause here. There's a ton of stuff here from Deon. I know we talked about a lot of stuff, kind of ranted on stuff. And now we got to get into the. The passion. But people are posting some really, really amazing content here, you know, so. And I think it's really important. Crypto Navigator said we should all sue the SEC for the XRP lies and the library case. I would love to be able to see, you know, that as a possibility, you know, to go after a Gary Gensler for purposely, with motivation, trying to decimate and undermine an entire economic class. Right. Or. And. And a specific target on. On the crypto development, on a specific technology, a specific financial asset class. Purposely. So. Thomas Brennan said, if I can recall, there were two banks heavily invested in crypto. They were seized by the feds. One was solvent and what might have been mismanaged, that one of the. I forget the name of it as well. And it crashed. There was a major issue with it. There might have been some mismanagement that brought it to the scene, but a lot of it was because of what they were playing in. You know, how they were playing. And they undermined the bank and it was all done on purpose to crash it. DNI said, let's put out a Genzer meme coin. I like it. The logo can be a donkey's ass. Hey, all right, let's bald like Gensler. There we go. But I like it. You know what? Why not. Why not have a Gensler meme coin? People might hold it to the negative, which would be kind of cool. So let's. Let's go on. What did. What does over say? Let's just congratulation, you know, you're here, they're not. Yeah, screw that. Exactly. Oh, there we go. Crypto Navigator with Silver bank was holding all the liquidity for the crypto companies. That's what it was. Yep. That's only place I could get a loan or that would hold their liquidity. They called in their day rate that that was it. That's right. Silver Bank, a lot of people were holding with that, Kenny's YouTube or Ken's YouTube. Trump's people say he will sign 200 executive orders. He did say that. And he said from now he's also going to do it at rallies. He's gonna hold some of these big rallies and do some executive orders. But he said there's a lot that a lot of them just have to undo the damage that that the previous administration did with executive orders. So he has to undo executive orders that they put in place that were damaging to this country. So that is like step number one. So we'll see how all this will Unfold. Trump himself said he will act on all at once. He did say that, and he reiterated that again today that he's got to get it done. He said, we're going to do it tomorrow because if we don't do it tomorrow, that they'll always be a reason as to why it gets put off. So he said, you take care of the business at hand. That's critical, and you're going to do it now because it has to get done. So that's. That's exactly what he said. All right, let. Let me move through this. Let's see. Zober said no shilling. My friends, my family, they laugh it. Fine, you know, and that's it. Let them laugh, and then you don't talk to them about it anymore. It's like, hey, fine, you know, I told you about it, told you what I was doing. That's enough. You know, I'm not gonna, not gonna try to twist, twist your arm or do anything else and try to convince you to do anything. Just, just know that that's the direction that, that we're moving it. You know, the whole world's moving that way. But, you know when they're going to get in, they're going to get in because you know they're going to get in because Bitcoin's at 105, 000. They're going to get in when Bitcoin's 120, 000. That's just. That' we go. Bills 24, Ravens 19. There we go. So flow. Sorry, Jeff. You have to rant for two hours. That's right. I gotta do twice the work and we have to do a drawing. I don't see any Yetis in here. So we gotta type in yeti. Let me see how many we got. Man, we only have 13. How is it possible that we only have 13 entries? We gotta get that 13. Gotta get it up to 30, at least 20, because you guys can do that. Look at this entries 13. And then all I have to do, hit that draw button and we're gonna give away a badass Yeti. And I'm picking out the badass yeti. I was kind of searching through it and I'm trying to figure out, like, which would be the baddest of the badass Yetis to give out tonight. And I was looking through them and I'm like, man, I've got, you know, a couple lasts of some things to give away, and. And, you know, so I want to hold, you know, and then there's Some really, really cool ones. So I'm thinking about a bandit. I like the bandit with a scowl. This guy. I think this is the one right here. Either that or the yuck yuck. Because he's kind of cometic relief. But I'm. I'm thinking the bandit, right, because it has to be badass. Has to go along with everything that's going on tonight. So this is it right here. This is the badass yeti that we're giving out tonight. And he is badass, right? Look at that. Look if you look at him. All right, look at that. Look at this scout. Look at that. Just mean he's badass. Getting ready to take care of business. Don't want to run into him out there in, in the woodland area there. He's kind of out in the, in the mountains of the Himalayas. He's charting around, you know, he's going to make sure humans don't step into their turf because he's part of the bandit clan, and that's it. He might be looking for little prowlers. He might be getting ready to go into the lower wooded areas to go hunting. I'm not sure. Even though it's a. It's one tribe, sometimes the clans fight each other. They're not always so happy with each other. So that is how it goes. That's how it goes. So we're going to be doing a drawing, but in order to do a drawing, got to type Yeti. When you win, you got to have your Zamen wallet ready because you got to have the Zamen wallet. That's how we're going to transfer it over through the. We're going to transfer that over through the XRP Cafe. And if you don't know what XRP Cafe is, well, guess what? That's where these are right there. See? XRP Cafe. That's what houses all these great things over there in the OR transacts. I don't say it's their house there per se, but you can definitely see them. All these guys are on the xrpl and you can even find them over there on the xrpl, which is very cool. So you can find them. You can search them. So let's go on here. Right, so library's gone. Ripple spent over 150 million in legal fees. I'm going back to Deaton. That's $150 million. 150 million that they didn't invest. They didn't put towards innovation. They didn't hire anyone. They didn't do anything but protect Themselves defending themselves against Gary Gensler non fraud case. Two American entrepreneurs, Brad Garlinghouse and and Chris Larson. Chris Larson gave $5 million in XRP to Kamala Harris. Brad Garlinghouse gave $5 million plus in XRP to the inauguration of Donald Trump. And super stoked about the direction the administration's going in. That is going to bring clarity positive growth to the crypto space. These guys were individually sued in attempt by those same bad faith regulators to bully and intimidate them. The two entrepreneurs, not intimidated, got their case dismissed because the lack cases lacked merit. After incurring more than $15 billion in losses, 15,075,000 users and investors joined the case. Retirement accounts holding XRP were frozen. If you guys remember that, right? Coinbase, all the exchanges, you know, we didn't uphold uphold still allowed transaction of xrp. And they said why? Because we don't deem it a security and until there's a a clear case uphold wasn't making a change. But you know who did? Coinbase. Unfortunately, Coinbase also it's traded publicly. So regardless of what Brian Armstrong said, they had no choice at the time because they're a public publicly traded to make a decision. It also took pre that if you think back in like 2018, it took Coinbase forever to list XRP 2017, 2018. Some American businesses didn't work with ripple out of fear of alienating the SEC during the case. The same bad faith regulators use tactics threatening ripples overseas partners. The SEC recently filed an appellate brief and legal fees continue to climb. They haven't, they're not done yet. Gary Gensler is so proud of himself, right? We talked about it yesterday. I was like man, the guy's an right. I'm like, why? Why is he doing that? And I'm like, oh, because he's an right and that's why he's doing it. But then if he didn't do it right for himself, he's like, man, I'm done, right? I'm leaving on the 20th or the 21st, whatever his last day is, I'm leaving. But he's like, but if I didn't file these lawsuits, didn't go after Elon Musk and file lawsuits and you know, bring this, file this appellate brief. He goes, I'd be a complete because I'm not doing what people expect of me. That's, that's Gary Gensler. That's my take on it. But Here you go. 2021 SEC accelerated Coinbase's IPO. Before granting acceleration, the SEC had to make a determination doing so, as was in the public interest, they granted the IPO two years later, Right? Only two years after finding was in the public's best interest, those same bad faith regulators decided to sue Coinbase, saying their entire business model is illegal after they accelerated and gave them the permission to do it. So AP Cool J, the previous administration, with their unelected bureaucrat that they handpicked to lead the SEC to take charge, to decimate and undermine or at least if you want to stay positive, slow it down. Right, so that their financial partners, their financial institutions and their banks could catch up or try to take over the market. That's the only way you could look, they're trying to destroy it or slow it down in time for them to take it over. But they were decimating companies along the way. Now we're gonna have a completely different outlook. So here we have the SEC granted SEC's motion. The trial judge allowed Coinbase act his second ask the second circuit to grant grant an interlocutory appeal. The legal fees, tens of millions. And John saying if it hasn't passed, 100 million. So let's say $250 million spent between Coinbase and Ripple. Let's say. How much money has the US government spent on prosecuting these? That, that's another question. Like a huge amount of money has been spent actually prosecuting these, which is, which is insane. So after agreeing to pay, this is cracking, right? They paid a 35, $30 million fine. The unstaked assets staked by U S Investors damaging U S Investors again. Kraken believed it was buying peace. They wanted to, they said we'll cooperate, we're going to work with you, just like Gary said. Just come in. Okay, we'll come in. But after giving them so called peace, the bad faith regulators sued Kraken anyways. Kraken and Coinbase, two major exchanges in this country. And you can't tell me they weren't trying to decimate innovation in this space then going after Ripple, which is the biggest company that's involved in utilizing blockchain and crypto in their platform and directly going to work with banks and directly targeting to replace Swift or be a direct competitor. Swift, there was a bullseye target on these companies. But look at what they did. They went after Coinbase. Coinbase is shocking because it went ipo. They're traded publicly to go and be traded publicly. They have to look at every little detail because that's what the SEC does. Then they come in two years later and say no, sorry, well, you know we're just kidding. You guys are actually everything you do is illegal. Right. Here's another one Dragon chain. They have a court date later this month and again no fraud consider originated out of Disney. You don't get any more American than than Dragon Shape. After the lawsuit was filed by the sec the company's ability to conduct business operation be gave more than hindered almost impossible. Another American entrepreneur has spent almost all of his funds on legal battles. They get the companies. You know it could be that could be the end. The trial may start soon and John is going to go there. But if all of his money is going in legal fees and the trial hasn't even started yet and and he's already going to be wiped out. So John ends this and I think this really needs to be an appeal because Trump is ushering in this golden age said that we're moving into a golden age has embraced crypto the House, the Senate is the most pro crypto House and Senate ever. Now all this could have been avoided if Maxine Waters who controlled the Financial Services committee back in 2017 and 2018, 2019, 2020. When Warren Davidson presented the Token Taxonomy act which we've covered here exclusive, exclusive in, in ex. In exclusive detail. We didn't cover it exclusively. A lot of people talked about it. But in our exclusive detail is the one thing that's always comes out of this is that chip and I always seem to be on the right side of things. We always analyze things and we always seem to be right about our analysis. Obviously we might make some mistakes along the way but as we look at things like this always, you know seem to have the right outcome and we could have avoided all this. They could have had a little bit of regulatory clarity. There could have been some rules on the road. Warren Davidson wanted to make amendment to the securities Exchange act of 1933, the securities act of 1934, Tax Coat act from 1986. Then there were few other acts that interspersed in in that token taxonomy. We had covered it and read it, analyzed, talked about it and the thing is it was presented in front of the Financial Service Committee. Guess how much discussion it got.0. Never got discussion, never went to a vote, never came out of committee. It was sent there, died in committee. Why? Because Max Waters could care less. Back then nobody knew about crypto. They we didn't have like 60 or 70% of them understanding crypto and being becoming more passionately involved with it. It didn't exist but it all just died. But we could have avoided so much of this. There could have been some rules. And so this, I think it really says everything. And it's. The last four years is what we've experienced. We've experienced an administration that has directly opposed and tried to undermine. And now here we are, we're moving into the most amazing thing right there. It's just like we're moving now. This is, this is it, right? This is the embodiment. It's amazing, right? It's really, really amazing. So visual vendetta. Dang, Jeff, you're putting a tear in my eye with what you've been saying. The previous administration definitely was freaking corrupt. That's it. But for people to say that they weren't, for people to say, okay, for people that badmouth Trump going into this election cycle to say, well, I can't support him because of whatever, it made no sense to me. This is again, why so many people, billionaires, Democrats, independents, non party affiliates, so many of them moved over to the MAGA movement because they understood, right, it wasn't nationalist from a racist, a racist perspective. It was national support of, you want the best for your country and people understood it. And then you look back at your portfolio that was destroyed, you know, four years ago and, and economic times and business building and just everything you guys know, you live through it just like I live through it. But then to say, I want four more years of that, like what insanity? Just, just craziness. And so now to say, even to even, you know, and going, going back to the AP Cool J, whatever, I just don't understand where people are coming from. Because if you stack up all of the facts, then you know the direction we're going in. Because they said, this is what we're going to do. Here's how it's going to happen. And, and it's going to happen. We saw it in the four years of Trump. We are drilling. Oil was cheap. There were no wars around the world. There was stability. The Middle east was coming into alignment. Israel and, and Arab countries were signing peace treaties at an unprecedented clip that would have brought the Middle east into a singular vision of economic prosperity in the region. And that was all just destroyed, decimated within the first year of Biden coming into office because he undid everything that was set in those first four years in the Middle East. In the Middle east, that region has resources, has money, has oil, has passion. And you pull it all together and you have peace and you allow Saudi Arabia and Dubai and some of these other Arab countries to work in tandem with Israel. Out in the open so they don't have to do it behind the scenes anymore. Because, you know, over the years these countries have worked with Israel in different ways up and they've done trade, but they just can't do it out in public, but to do it out in public. And Saudi Arabia was close and then it was all undermined it. What's happened with Russia? So Russia, Iran and, and some of these other countries were emboldened and enriched in the last four years. Iran was a fragment. It was, it was a shell. It had no money. We got to reduce the price of the barrel of the oil because that's Russia's economy and the Iranian economy rely on, on the barrel. That's it. If it's cheap, they don't have a lot of money if you embargo them or now there's other ways to, to work around it. We got to be smart. You know, people. Stuff doesn't just happen in a vacuum and people think everything just happens in a vacuum. That crypto is a vacuum and the financial markets are a vacuum and trade is a vacuum and development is a vacuum. And none of it has anything to do with politics. And at the end of the day, politics impact everything we do on a global scale, from innovation to, you know, to development to investment to, you know, friendly trade, environment, just, just everything, every aspect of it. And you got to be able to connect the dots. When you connect the dots, you realize we are about to step into this golden. I've been positive the last four years. I was saying it's horrible right now. Trump's going to win in four years. We've got to be able to come out of it. We got to stay focused. We got to stay. And, and as the years went by, the past four, I knew more and more that we, that we weren't going to continue another four. Why? At the end of the day, people all want the same thing. They want freedom. They want what's best for their family. They want to find a way to make money. And they don't want a lot of expensive. They want cheap gas or inexpensive. They don't want the cost of eggs and milk to be, you know, out of proportion with income. They don't want their housing to be out of proportion with income. Like, they don't want taxes to be out of proportion with reality. They don't want government to just spend into oblivion. They don't want wars all over the world and instability and, and lack of peace because people want to travel and see the world. That's the coalescing, you know, and it was. It had to happen. What happened the past four years? I said from day one this had to happen. It's unfortunate, but people did not appreciate what we had. As soon as you risk losing what you had, you be to appreciate it. You realize it. You then fight even harder to maintain it. And that's it. That's the lesson that. That we can all take out of it and why I was able to stay super positive through it all. So that's my take. I've ranted now for an hour. You guys had to listen to me rant for an hour. I didn't even get to play any. Any of the videos that we put aside. And I'm trying to, like, I'm watching your commentary and I'm just ranting maybe, you know, ranting in my own head. Needed it, but I think it was. It was positive all the same. I'm glad John Deon put those posts up there. It galvanizes the thought process even further. So there we go. That. That's all it is. It's over. Well, Jeff, nice haircut or lighting. Nice lemon tree. It's the lemon tree. Look how amazing the lemon tree is. Fresh, juicy lemons. Gotta make. You gotta make lemonade out of the lemons that you're dealt. That's the whole point of the lemon tree, right? You got the lemons. Everybody knows we got lemons. Let's make lemonade. Should have a pitcher of lemonade, and then everything is amazing. But you need the. If you don't have. You can't make lemonade without the lemons. You got to have lemons. That's the whole point of all of this. That you gotta have the lemons. And you put a little sugar on lemons. And they're amazing. But you might just love the taste of lemons, too. I don't know. So. All right, we got to do the drawing, dude. And people. People are. Some people have left. They're not even going to be able to participate. Let me see what we got. Okay. We have 20. That's fair. We can do it with 20. If you guys have already got the. You've already got your name in there, then that's okay because it only counts once. And so we are going to get it going. There we go. Fresh and juicy, just like my head. That's right. And don't forget to have your address ready. Why? Because as soon as we're done here, we're going to transfer this bad boy over to you through the XRP cafe to your Zaman wallet. And that's how it's going to be. So we're gonna. So get your Zaman wallet ready, get the address ready, and then we're going to do this drawing and we're going to share the screen and we're going to watch it happen. And the Bills, 27, Ravens 19. And that's how that happens. That's how that works. Just like that. Get some badass yeti coffee. Go tobadass yetis coffee dot com. And if you go to the Discord and you have a badass yeti and you love the coffee, verify. Go to verify your yeti. You don't know how to do it, Ask us. Verify the yetis and then discounts pop up. You'll see badass yeti coffee. And then depending on the number of yetis you have, they'll pop up a discount. So should work, should be good. And that's it. So let's do the drawing. Let us do this. Here we go. You guys ready? I'm ready to do this because it's like, oh, it's one, one, one I missed. I wish I would have seen it. One, one, one, one. But it was exactly one hour, 11 minutes. That's a good sign. It's a good number. Love the number. You got to love the 11s when you see 1111 or 111, it's the best. Then I have to rely on 23. 23, because I use the 24 hour clock. So 23 is my 11pm but there, there we go. Okay, when that happens, here we go. Ready? We're gonna hit draw when. Moon Van Life biker. That's what we're talking about. Who's going to win? Here we go. Here we go. Oh man, it was so close. John Doe crypto. So you have to be here to win. So number one, John Doe crypto. Make sure you say, hey, I'm here. John Doe character. You have to be here. You have to have your wallet ready. And that was close for a couple of you guys. But John Doe crypto. I know you were here earlier. Just say, hey, I'm here. And I'm gonna gonna say, hey, I want that badass yeti. So let me just post it in here. John Doe crypto. Are you here? Another John Doe. That's it. Got so many John Does. John Doe John Doe crypto. Calling John Doe crypto. Dakota. Good luck at the hospital. Busy times. You had mentioned earlier. One day we'll talk about medical stuff. We can dig into that. Be interesting. Might have to do it in a separate conversation. I'm sure not everybody wants to hear all about the medical industry. So. John Doe crypto, are you here? Is John Doe crypto here? John Doe crypto, is he here? Does anybody see John Doe Crypto? Because we're gonna say it one more time, and then you guys know what happens. We're going to have to re draw if John Doe is not here. Just how we roll. Let me see here. I don't see John Doe crypto here. All right, here we go. John Doe. Going once, going twice, going three times. Pablo does not regret voting for Trump. That is not a possibility. I saw your post the other day. Come on. All right, here we go. We're gonna have to do this again. We got to redraw. There's no John Doe. Here we go. Get ready. Who's it going to be this time? Let's go draw again. All right, here we go. We are going, going. Who's going to be? Oh, Cash Velocity. That's a good one. Cash Velocity. So now let's see if Cash Velocity is here. I know Cash was here earlier, obviously chimed in and said yeti. So now we got to put this out there. Cash Velocity, are you here? Van Life bikers here. Come on, Cash Velocity. Congratulations. Cash Velocity. Oh, you're here. I saw it. Okay, you're here. There you go. Which Yeti's being given away, man. It is a badass bandit. So Cash Velocity, throw in your. Throw in your Zaman wallet address. Good job. Cash Velocity. Winner. Winner. Way to go, Cash. This is the bad boy right here. Who are. Mike? This is it. Look at this thing, man. Ken's YouTube was also close on that last one. But Cash Velocity, also a supporter here of the channel. You can see by that little extra graphic next to his name, supporter here on. On the channel, which is very cool, man. This is a beaut. This is a bandit, so this is very, very cool. Look at that guy. That is nice. I like that one. I do like it a lot. And then we'll wait for Cash Velocity. Make sure you throw in your address. If it filtered it, then I'm going to have to see if I can pull it up in a different way. Let's see here. That means I got to go to regular YouTube. Cash velocity. If you have put it in there, let me know. If you have not, we'll wait for it to come through, and then I am going to Open up regular YouTube. YouTube likes blocking these things, even though we're like, hey, this is in our chat you have AI. You should be listening to everything we say. Because I was watching the rally on RSBN earlier, and you know what they said? Trump had said something. And they terminated the stream for RSBN earlier and said policy violation, violated some whatever policy, and boom, stream canceled. Just like that. RSBM terminated. That was. And that was that. That is how YouTube rolls. Just terminate people midstream. That's what happened to us. That one time was streaming and deleted. There it is. I found it. I see it. It's in there. Let me grab it. Cash grabbing it right now. Gonna transfer this bad boy over to you. Let's see. Let us go to the transfer. Gonna put this bad boy in here. But I'm gonna have to just unscrew. Unshare this for one second while we do it. Gonna transfer it over. Pulls up the QR code for me to accept. I am then going to. I gotta open. Gotta open my Zaman wallet here. Hit the blue button, hit the scan QR code. Boom. Now it's already transferred. Now I got to go and sign slide the acceptance of the transfer. It is. Now I got to authenticate thumbprint. Now it is transfer submitted. It's verifying and done. That's how fast it is. Look at that. Boom, done. Now Cash Velocity is a proud owner of this badass yeti. It's yours. That's it. Now you just got to accept it. So how cool was that? How cool was that? That was very cool. Yeah, Tina, I think you were on that was it in the middle. Streaming, having a good conversation. We're having fun. And then Chip calls me up. He was traveling. And Chip's like, hey, what happened? You're not streaming anymore. I'm like, what are you talking about? I'm streaming? And I think I was. I was still streaming to X while we're having the conversation. So that was when it was Twitter. I don't know. Now we get a lot more people watching over on x that on YouTube. It's amazing how many people watch us over on X. Even though the plat. The way the platform is over on X for video makes it a little complex because they disappear after a while. There's no easy way to find them, et cetera, et cetera. So anyhow, that was what. In the community. You guys were amazing. Community hammered on Twitter. Went after the CEO of YouTube and just went after them, you know, other YouTubers in the space, everyone. And we filed a petition, and they finally came back. It took like 48 hours. They're like, oh, we are. We're sorry, we apologize, we investigate and you guys didn't do anything wrong. Like really we knew that, you know, but they have the auto listeners but somehow they can't get rid of the spam that pops up on our thing Tomorrow brings a new date. We can all stand proud. Life is going to be amazing. Life's already amazing. It's gonna be that much more amazing. Let's put it that way. Things are looking up financially speaking, crypto market speaking, stock market speaking. The markets are going to be amazing. Oil, gas prices will start coming down, which we definitely need. When you're going to fill your tank and you have a 24 gallon tank and you got to fill it up and it hurts a little bit every, every time you go in and you have to, to fill up, you know, that really sucks. Really, really sucks. Pablo. Yeah, that's. Were just talking about that earlier. You know, all the different issues that, that can happen. But man. So that is it. That's what we got for tonight. We'll be back here on Wednesday. Wednesday is going to be fun because Wednesday the 22nd we are going to have some fun van life, man. You have a 24 gallon tank also. That's crazy. Yep. How'd you know my, my tank was 24? 24 minds like maybe it's, it's like 23 and change. Whatever. It's filling up today. It said, I thought it was like a quarter, a little over a quarter filled, man. Diesel? No, I don't, I can't put diesel. But no, but it's nice too because you can go, I have an opportunity. I can put 87 occasionally, typically premium, you have to put premium to clean through it. But you can run it on 87 without any issue. Big, you know, eight cylinder, you shouldn't, you know, V8, you probably shouldn't run 87 but based on everything that I've read, you can do that and it's, it's crazy. But man, I thought it was, it was like. And it was just kept filling and filling. I thought it was like a quarter filled and it just kept going. I was like, man, I think it was like 18 gallons I put in. So yeah, that's it. GM elevation. GMC elevation. I have a Yukon, so I'm not. What, what is the elevation? Is that a pickup truck? Oh, it's a half ton. Oh, that's what you put it right there. Got it. Nice. All right, well that's all I've got. That's all we've said. We'll check you guys back out on the next one. Wednesday night, 8:00pm Eastern Standard Time. That's what I was talking about. Start out on the 22nd. We're have some amazing things to talk about. We'll go over and look at some of those executive orders. See if there are any crypto executive orders signed for Wednesday, 8pm Eastern Standard Time. And we'll see how that all flows and how that goes. And that's it. 23 miles to the gal. Not terrible. We got 50, man. Yeah. We got to talk about cars. I like looking at the cars. Be fun to talk about cars. Get people fired up on that. So that's it. That's all I got. And we'll check you guys out on the next one. Are we gonna get some good out out out. There it is. Go. The new outro. I like that. The intro with that guitar. So let's just go. Let's just go regular outro. Check you guys out on the next one. Are you down with otc? Please like subscribe and click the bell to be notified when the next video drops. Forgot to end the stream.
Release Date: January 20, 2025
Host: Jeff (On The Chain)
The episode kicks off with Jeff expressing excitement about the current state of the cryptocurrency market, particularly highlighting XRP's resurgence. He ties the anticipated positive developments in crypto to the political landscape, specifically the influence of former President Donald Trump. Jeff emphasizes that the upcoming period will mark a "Crypto Golden Age," underpinned by a crypto-friendly administration and legislative support.
Jeff (00:50): "We're getting ready for the four greatest years in the history of this country because things are getting ready to heat up."
Jeff engages with his audience, acknowledging listeners from various regions worldwide. He announces a giveaway of a "Badass Yeti" NFT through XRP Cafe, encouraging listeners to participate by typing specific keywords in the chat.
Jeff (12:30): "We're going to be giving away one of the White tribe today, which is going to be great."
The conversation shifts to the broader cryptocurrency environment, focusing on regulatory challenges faced during the previous administration. Jeff cites John Deaton's criticism of the SEC's actions against Ripple and other crypto entities, highlighting the financial and developmental setbacks caused by stringent regulations.
Jeff (25:45): "Crypto is about to skyrocket like we've never seen it before. Crypto was actually getting ready to die in the US with this current administration."
He underscores the support Ripple's CEO, Brad Garlinghouse, provides towards a crypto-friendly future, contrasting it with the SEC's antagonistic stance.
Jeff introduces input from community members like Mike Moro and Dakota Shipley, who share their investment journeys and strategies. The discussion delves into the importance of diversified portfolios, the pitfalls of speculative investments like meme coins, and the value of holding fundamentally strong assets like XRP.
Dakota Shipley (42:10): "Seven years too long, man. Think about everybody that came into this space back in 2017..."
Jeff emphasizes the lessons learned from past investment mistakes, advocating for a buy-and-hold strategy while utilizing tools like stop-losses to mitigate risks.
A significant portion of the episode focuses on the anticipated positive changes under the Trump administration. Jeff and Chip discuss how previous regulatory actions, particularly under SEC Chair Gary Gensler, stifled crypto innovation and growth. They anticipate a turnaround with the new administration pledging support for cryptocurrency, leading to regulatory clarity and increased institutional adoption.
Jeff (1:05:20): "This is going to bring clarity positive growth to the crypto space."
They critique the SEC's handling of crypto cases, pointing out the financial and operational damage inflicted on companies like Ripple and exchanges like Coinbase and Kraken.
The discussion delves deeper into legal battles faced by crypto companies. Jeff highlights the massive legal fees Ripple incurred and the ultimate dismissal of their case due to lack of merit, attributing these challenges to the SEC's aggressive stance.
Jeff (1:25:10): "Ripple spent over 150 million in legal fees. That's $150 million that they didn't invest."
Community comments echo frustration with regulatory bodies, suggesting actions like suing the SEC for their detrimental impact on the crypto ecosystem.
Jeff expresses optimism about the future, anticipating significant growth in both crypto and traditional markets. He foresees lower oil and gas prices, economic stability, and increased innovation under the new administration. The conversation ties geopolitical stability and economic policies to the flourishing of blockchain technologies.
Jeff (1:50:30): "We're moving into the most amazing thing right there. It's just like we're moving now. This is, this is it."
The episode concludes with the successful giveaway of the Badass Yeti NFT to community member Cash Velocity. Jeff reiterates the importance of community support and engagement, encouraging listeners to participate in future events and stay connected through various platforms like YouTube and Discord.
Jeff (1:58:45): "Cash Velocity is a proud owner of this badass yeti. It's yours."
Regulatory Shift: A positive regulatory shift is anticipated with the new Trump administration, moving away from previous antagonistic stances towards a more supportive and clear framework for cryptocurrency, particularly XRP.
Community Resilience: Despite past regulatory challenges, the crypto community remains resilient, learning from investment mistakes and advocating for a buy-and-hold strategy in fundamentally strong assets.
Legal Battles Highlighted: The SEC's aggressive legal actions against major crypto entities like Ripple, Coinbase, and Kraken have had significant financial and developmental repercussions, hindering innovation.
Optimistic Future: With expected regulatory clarity, there's optimism about unprecedented growth in the crypto market, lower traditional market prices (oil and gas), and overall economic stability fostering blockchain innovation.
Community Engagement: The podcast emphasizes the importance of community support and interaction, leveraging giveaways and active participation to strengthen the community bond.
Jeff (00:50): "We're getting ready for the four greatest years in the history of this country because things are getting ready to heat up."
Jeff (25:45): "Crypto is about to skyrocket like we've never seen it before. Crypto was actually getting ready to die in the US with this current administration."
Dakota Shipley (42:10): "Seven years too long, man. Think about everybody that came into this space back in 2017..."
Jeff (1:05:20): "This is going to bring clarity positive growth to the crypto space."
Jeff (1:25:10): "Ripple spent over 150 million in legal fees. That's $150 million that they didn't invest."
Jeff (1:50:30): "We're moving into the most amazing thing right there. It's just like we're moving now. This is, this is it."
Jeff (1:58:45): "Cash Velocity is a proud owner of this badass yeti. It's yours."
This episode of On The Chain serves as a rallying cry for the XRP community and broader cryptocurrency enthusiasts, blending investment advice with political commentary to paint an optimistic picture of the future intertwined with favorable regulatory changes.