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Jeff
Joking. Welcome to on the Chain. This is Jeff here with co host Chip. What is going on? Chip? What's going on? Everybody out there in the on the Chain community? Scooby Doo, correct me if I'm wrong, but is the live stream a little late to start? We're right.
Chip
Yeah.
Jeff
805. Oh wait, it's 8:18. We got a little bit into talking and listening to some music that we wrote for today's show. So we'll be playing that. Excited about that. But you're right, here we are getting ready to talk about XRP as it's tanking back down to.06 cents.
Chip
Well, I would say that. I wouldn't say that.
Jeff
The whole market, the whole market's taking a little bit of a turn. The ups and the downs. XRP gets a billion dollar boost. What is up with that? We're going to talk about what that billion dollar boost is. Bitco Flare and the future of crypto. Bitco CEO is calling for an XRP spot etf. And there's a lot still going on with Flare's new firelight tech that just heating up the space. And it looks like they're just like lighting a match under the xrpl. A lot of geopolitical territory tension going on right now.
Chip
Political.
Jeff
What does this mean, Chip, for the future of crypto, the future of our financial security and xrp. Is XRP gonna adopt, is it not? What's the. Where's the stable coins gonna end up? What does this all mean? Are we entering World War III or is that just the talk of a bunch of those libertarians out there on YouTube? If you're ready to. If you're ready to kick this thing off, we're gonna tie. We're also going to dig into some of those rhinos out there calling for some crazy things. And it's about time they get ousted out of Congress. We don't like rhinos in office. I just like. We don't like the Democrats in office. So they're basically the same thing. You can lump them in with the libertarians that are trying to be in office. So let's, let's get ready to kick off some interesting crypto talk, geopolitical talk, and we'll get into all those other.
Chip
Things that we mentioned and some conversations we didn't even plan on, which always happen. Squirrel. Let's go. Welcome to on the Chain. Welcome everybody to on the Chain. Here we are. Man. Are we a little late? Yeah, maybe on our standards. Even by our standards, I think we're late.
Jeff
By our standards, we are late. Apologize for the lateness for XRP was 1.96.
Chip
Now it's 202.
Jeff
It's crazy.
Chip
It's. Yeah.
Jeff
I mean, tough, man.
Chip
Yeah, if it hits 4, 5, 6, whatever. I mean, you know, and everyone's like, everyone has the wrong take on this whole Iran thing. It's just people are real shallow, man. They're. They're like, my God, Trump. And the first sign, they run like little and they can't take it. They misunderstand the phrase peace through strength.
Jeff
They don't get it.
Chip
Peace through strength. It's not a war. There's no boots on the ground. There's not. It's not going there. So just everybody and everybody. That's one of the reasons the crypto market tanks like, oh, no. World War iii. Sit down, losers. Okay, Let the adults are in charge. The adults are handling it. You guys can sit down and cry and whine like you always do.
Jeff
That's it.
Chip
Hugo Fillion, the CEO extraordinaire of none other than flair, he has. He put this on. This was really curious. I love this because there's so much excitement about what's going on with the Firelight Team. He said that he spent much of the last week in the US with the Firelight Team. The product. This product is hugely innovative and has the potential to put billions, if not tens of billions of XRP to work on flare.
Jeff
Tens?
Chip
Whoa. That's huge.
Jeff
That's big.
Chip
I mean, billions is one thing, but tens of billions? Hello. I like.
Jeff
Tens of billions is big. I like the. I like that number. I like the tens of billions.
Chip
Yuko's pretty grounded. He's not like a. He's not a hyper. He's. He's been very careful. And so if Hugo's saying that you're like, wow, he's very impressed at what he's seen. The Firelight Team and this whole idea of staking, man, it's gonna be. There's so many great things coming on for people that have been holding XRP for a long time. You have some great things that are happening. Then on top of the heels, you got these spot ETFs are going to be going. You have regular ETFs are going to be. It's just. It's a great time. 2025 is going to be a game changer in terms of blockchain and in terms of, like, everything we've seen over the last couple years, it's been kind of stagnant. But now that we are this far from passing the Gina genius act over there in the House. Hopefully they don't make any changes and send it back to the Senate. And then on the heels of that, we got more crypto legislation coming. So it is somewhat exciting. Look who popped in. Someone we haven't seen in a long time.
Jeff
And he actually just sent me something to play real quick. So before I even announce who it is, I'm gonna play what he just sent.
Chip
Okay, play it.
Jeff
Let me just play. It's like 12 seconds. There we go. It's a music version.
Chip
Okay, good.
Jeff
There we go.
Chip
Fantastic.
Jeff
We haven't seen you in forever, and we get a song and everything. That was pretty awesome.
Chip
Croat. Yeah. We have not seen the Croatian. He's not been in here in a long time. Holy crap. Yeah, we had the music to that, I think. Do we add the music to that?
Jeff
We didn't add it. Somebody else added.
Chip
Somebody else added it, but it was just. It was acapella. They sent it to us. That's right. So it was awesome. You know, listen, you're an og. If you make. If you. If you have a. You know, if you have a video that gets played, that's. That's saying something, man. That's saying quite a bit, isn't it, Jeff?
Jeff
It really is. And Sir John is currently in the Sahara desert on the Moroccan Algerian border. What a place to be, right? Man, look at that. That's quite a place to be in. You got tuning in on the chain. You got. It's got X amount of Internet left. And he tunes into on the Chain. There you go.
Chip
That's fantastic. Some really good stuff. That's a sentimental old video clip. Yeah. Hell yeah. It is. It is. It is absolutely sentimental for so many reasons.
Jeff
It's amazing. I mean, that. That's got to go back. That's a couple years ago, easy.
Chip
Oh, thought at least. At least a couple years. So crypto Eddie put this out. She posted this. I'm gonna get some more data points on this. Let me see what I can find. Mind here. Hang on. Let me look, man.
Jeff
We're getting into the CEO of Bitco.
Chip
I want to get to that. So this one you want to put up first?
Jeff
That one first or.
Chip
Yeah, first. This is encrypted, is the one that collated this. She's the one that actually put it together and so we didn't have to watch the whole damn thing. Not only that, but she found it, which is even better.
Jeff
Look, I love comments like this, Daniel Smith on the chain, but the info is off the chain for sure.
Chip
Respect, Respect bro. Thank. Appreciate that man. That's really fantastic. So there you go.
Jeff
It's 2020, 2021. So it's about four or five years ago.
Chip
Yeah, my God, it's that long ago. Holy cow. CEO is talking in this clip about Ripple and XRP. This is why XRP needs a space spot ETFs, XRP, XRP PHI, XRP, treasury strategies and more. Innovators and builders shout out to crypto. Ready for this, Putting this together. Very cool. But let's throw this up here. Let's do this.
Jeff
Let's look at stablecoin business.
Chip
You don't need and, but do you.
C
Want a master account at a Fed master account? Yeah, we love a Fed master account. Then we get to skip at the banks. So if you go back in time in digital assets about 10 years, there's this company, Ripple, you might have heard of them, they had originally decided they were going to try to tackle cross border payments by use of their XRP token. And so the idea was that they would become the rails between banks and then you would have a local on ramp where you take dollars, convert it to xrp, zip it across the world and then convert those XRP back to Mexican pesos or whatever. It turns out that's two conversions, right. And you know, USD Stablecoins are just better. So in fact Ripple just launched a stablecoin, a US dollar backed stablecoin. There's some talk in different countries about getting you know, a Euro backed stablecoin. In fact there is One EuroCycle has one. None of these have really taken off a lot yet and I think it's because they're still just trying to get traction but, but I, I do think we're going to see dollars become more of the race across the world. I know there's a few countries that don't like dollars but you know they'll probably get beaten into submission for it. So imagine as a retail user of this, you know, you put your money into the stablecoin, it's one to one backed. There's an audit that comes out twice a month that shows this one to one backed. At the end of each month some coins get airdropped into your digital account which is your interest on that. And if you ever need to send it to anybody, you can send, send everybody. At the farmer's market, you can tap two phones together and pay, pay the producer of the food at the coffee shop. You know you can use the point of sale mechanism. It just Just works super anywhere in the world without peer to peer plus, plus peer to intermediary. I mean the great thing about peer to peer is that it covers everybody. You can go into retail to business, retail to retail, business to business, it all works.
Jeff
Yeah, dude, that what, what he's referencing is kind of the game change of what, you know, everything is, is moving towards. And this, this was the simplicity that people have been talking about since the inception of Bitcoin, which, you know, trying to figure out how do you circumvent the, the traditional mechanism, the financial infrastructure. So now we've gone this whole path 10, 12, 15 years to get to a stable coin which is a representation of a currency going back. Everybody wants to be pegged back to the USD mainly because of stability. And here we go again, you know, on a global scale. The difference is, you know, if you go around the world, holding and transacting in USD country to country is regulated in many scenarios and in some scenarios they probably prefer to use USD, in other scenarios it's regulated and in some scenarios they don't even allow you to transact or hold USD, you know. And so if you're, if you go into a shop and you're like, I just have 10 bucks, they're like, sorry, you know, you got to go to the bank to convert. The citizens of the country typically in, in many of those scenarios can't hold, they can't have a USD account, so they would have to be strictly in cash. In this scenario, anybody anywhere in the world could potentially have, let's say a Ripple stablecoin account or wallet someplace on one of their exchanges if they have access to the exchange and they would essentially be able to accept and pay in USD. Changes, changes things fundamentally on a global stage. Some of the things he referenced, which is where Ripple was at in the beginning, which was simplifying conversion process and he mentioned two transaction, two conversions having to take place. Let's say USD into xrp, move it and then XRP back into the native currency. That could be problematic and clunky if you think about it in from a manual perspective. But if it's technology happening behind the scenes, is it really clunky, is it, is it delaying anything? Ripple obviously all these years has kind of run into a stumbling block trying to work with banks and convince them that that was the right solution. So here they are now introducing stablecoin. What are your thoughts on this in terms of where Ripple started, their objective of cross border payment and then forget Ripple, let's go outside of it in terms of just on a global scale moving money, you know, based on some of his reference points.
Chip
Well, I mean, he kind of got some of that right when he talked about there's two conversions, okay, four sections more, four more seconds. Oh boy. Like, so it doesn't really matter on the XRPL whether you're going from a digital asset to, you know, to some sort of a, you know, legacy type of currency. It doesn't really matter so much. But I think his basic sentiment was there about what he was talking about. But Ripples largely had a pivot into some other things because they couldn't really get the traction. Lawsuit threw a lot of stuff off. Banks didn't want to work with them. All the building happened really outside the US So they had a. They did bump up against it. But I mean you have projects like sui, you got all these other cool tokens that were released that do more transactions per second. They. Or more transactions as a whole. But I mean, just better tech, right? So better tech all the way around. So. But the XRPL is going to be hard to beat in terms of. Now you see a lot of the builders, you know, building on it and it we what its strengths are. First, you know, first decentralized exchange the decks is really a big thing. But I think ultimately Ripple's making some good moves, right? So you can kind of see where they're targeting because when they start getting, when they start taking charge of custody and money licensing and all these other, these money transmitter licenses, they have a lot of them, they're a lot of regulate. So they've been navigating the waters. I think they made a really good pivot, especially in acquiring Hidden Road. I think Hidden Road is like kind of everyone's like, oh, we're the hidden road. Well, the hidden road gives them access to all the big guys, right? And then so now when you can couple in the custody piece on top of the movement piece on top, you basically purchase yourself a sort of a. You don't have to go looking for them. They are now your customers because you own hidden roads. So I think that they've been making a lot of great pivots. The whole idea of release of the Stable coin, well, that came from the feedback of banks saying, well, yeah, okay, I know xrps, we always called it the Stable coin because it doesn't move much, Jeff. Right. Doesn't go up a lot, doesn't come down, but even a couple cents here and there over the course of trying to send 10 or 20 million dollars. That's a bit. If it go, if it changes enough, that's a big hit. And so one thing that the stable coin is going to eliminate, yeah, it'll burn xrp, it'll use XRP when it would burn tiny fraction of it. But the real big deal is the fact that they can get some, you know, they can get some real traction with that and the fact that they were, you know, Garlinghouse came out and said that they minted almost 20 of the, of, of circle. You think about their stable coin, it's pretty damn huge and you know, they don't necessarily need to acquire and it's amazing the circle. I'm even shocked at how the stock prices stayed up and it's continued to stay up. You know it's, it was a good bet if you got into 30 bucks, 40, 60, 100, it was a pretty good bet to get in. But the real big, the, the ripple's on a good, is on a good pivot right now. And it's not to say that they're not going to continue to do cross border payments. There's such a big marketplace. People don't understand there's room for so many players and if you're in the software business, there's 20 different flavors of every piece on a B2B side, B2C side. There's so many competitors in there, there's enough of the pie for people to, to enjoy. So I don't necessarily think people, they're not, that's not going away. But you add the tokenization, you add some other things in there and I think that ripple's making some very good moves as an organization from the top down and they're seeing a broader bigger picture where, you know, cross border payments. Like Garlinghouse said, that was the first use case we wanted to focus on. It's not going to be the last one.
Jeff
No. And I think the other thing is, is that the market is also beginning to identify the true use of crypto asset. I think everybody thought it was payments Bitcoin, Maxis thought it was to replace banks and to pay for stuff Bitcoin. They still think that. Obviously, you know, bitcoin isn't good for that. Yep. It's more of a store of value and that's how it's been identified by countries and big corporations like MicroStrategy that are putting it into their treasury. When it gets into and, and you brought this up and I think it's really important the overall expansion objective of a crypto asset and you brought up tokenization. You just mentioned it. This is as we're starting to really identify and see where we're going ripple initially thinking, hey, it was about cross border payments, just like Bitcoin, hey, well we're going to use xrp, it's going to be all about cross border payments. We're going to, it's going to be used as a payment, as a payment rail. Well, that didn't work out so well. And so pivoting back to the stablecoin, you know, again, they're focused on their business. They've got to focus on their business model regardless if you use xrp, doesn't use xrp, their solution is going to be utilizing the XRPL because there's a lot of technology baked in there. They're still focused on trying to emphasize movement of money. That's their whole business use case. You know, they've pivoted, they've made some adjustment. Stablecoin fits their narrative so much better. It makes a lot of sense. The other, you know, part that was missing that when you're doing a transaction and you have to have a transaction going into XRP and then out of xrp, each one of those transaction could be conceivably looked at as a taxable event, you know, in the US and so that also becomes problematic if you're moving millions of dollars, even a small move margin, you know, if you're holding your xrp, if you're, if you're doing an instant transaction, probably not, but there's still an event. Even if it moves a decimal point. You could conceivably say, hey, you just made a profit or you made a loss based on your transaction and now you got to account for that profit or loss. You know, so now that opens up another dialogue. So I think there were components of this that were missing because we don't have regulatory clarity. There's no real rules of the road on that. If they would at least objectively state that moving in and out of crypto assets is not a taxable event, you know, then it should, I think the, the whole, the market is going to shift dramatically. There's so many facets of this. It's not just about moving money. There's more elements to where the crypto markets are going from a financial infrastructure. And I like the one thing Chip that the guy was talking about a lot are referencing this, which is being able to stake your asset, stake your stable coin. If you can hold a stable coin and you can then stake it and you can gain interest on it, then it's just like putting USD into an interest bearing account except in the crypto space those your, your money move could perceive conceivably higher, you know, plus, you know, there's so many other variables to where you can put it where, whereas if you're holding a crypto asset and you stake it, the crypto assets going up and down while you're, you know, so I, obviously everybody knows, you know, all these different elements, but it gets, it gets relatively confusing I think for the average person, you know, trying to get into this and try to understand all of this from a mainstream perspective. And that's where we're, I, I still believe that with all these companies and use cases, everyone's really just figuring out the narrative and, but it's developing and it's happening now almost at a, you know, it's going to happen at a lightning pace. I think that we entered into a phase was a little slow, you know, but I think things are going to start picking up and start going, you know, at lightning pace once we get the tokenization understanding, the utility of the NFT understanding, trying to really securing what Flare's working on with smart contracts, smart contracts within utilizing the crypto assets is, is probably the bigger use case than just paying for something in the, in a grocery store.
Chip
Oh yeah, absolutely. But I think it's, you know, you just got to stay with it. Look, 2025, there's a lot of turmoil. You don't just spend four years of being dragged through the mud, having things just downtrodden and all of a sudden you flip a switch. Switch. We all like to think there's a magical switch, but there isn't. And you see how the market tanks because people are fickle. Human beings get very panicked because they don't see the big picture and they can't understand the big picture because they can't connect the dots and they don't understand. Donald Trump didn't come to office to, to be the peace president and are like, he's attacking, look. That's how it is. Reagan called it, it's called peace through strength. You hit, you take out nuclear facilities. Boom. The guys, These guys flew 30 plus hour missions in the sky, getting refueled all the way to go make this historic thing happen. And it's like, you know, the F a f o f around find out. So you want to f around, you're gonna find out. And if they want to, you know, the Supreme Leader saying he wants to execute a or he wants to initiate A sleeper cell in the U.S. well, we know terrorists are here, but. Oh, no, we were told that. Media told us, Jeff, that. No, no, that's, that's B.S. meanwhile, there's people, not only from. A lot of people think the people that came in America. Yes, some of them, they came from Africa, they came from Europe, they came from the Middle east, they went to Mexico and they walked across the border because it was wide open, so it was the easiest way to get in or through. Canada was the other easy access point. A little bit more difficult getting through. But you just walk across the border, you don't have to go to a board. You just walk across from Canada into the US and you're home free.
Jeff
Plus, not to really, you know, belabor the fear factor of this, but the sleeper cell has been established here for decades. So it's not, it's not even just in the past couple years. The past couple years, I'm convinced they ratcheted up under Biden because of everything you just said. But for, for decades, they just look around the communities. You can see what's been happening with the extremism in, in different communities. It's been there, it's been developing. They've been putting a foothold into here in the US as well as in Europe. And so it's going to be, I mean, there's more to talk on the geopolitics side when we get to there.
Chip
I think we're there, Jeff.
Jeff
Are we.
Chip
I think we're pretty much there. There's not a lot of stuff going on. It's really today already there. But Jim D. Said we blew a few doors off some hardened, empty old reactor buildings. Said it's idiotic.
Jeff
Yeah, I, I would disagree with that.
Chip
I disagree with that, too. And you know why it's not idiotic? Because if they're, it's say they're totally abandoned. They were nuclear facilities at one point, whatever, but they didn't cover that there was some nuclear facilities. This is a show. This is a show. Play to hand. Go ahead, next move. Want to play? Let's play. That's what that's about. It doesn't really matter what it is. They took it out, but they're not going to get nuclear power. They're not going to get nuclear weapons. They've been trying since the 80s. They've been, you know, going strong as they possibly can. And what we talked about on the last show yesterday, we talked about everything that Iran does is made in a factory and distributed everywhere. Okay. It's all the bombs that go into Israel, it's everywhere. It's all the, the bombs. I love the guy that talked, he said, it's not Cletus Jihadist. It's making this stuff, you know, in a, in a basement somewhere. No, no, this is very organized. This is very, you know, it's, there's a lot of premeditated thought to go into it. And you had people like Obama funding this stuff left and right. You know, when you cut off the usaid, all of a sudden she's weird. The DNC is in trouble. They're not funding anything. There's not as much funding for these protesters. Not only the pet project's not getting green lit, but also struggling around the world too, because you're not funding the terrorists. We just, I played that clip of the guy in the hearing where he's saying, we sent how much million dollars to Hamas. We sent how much that we're funneling money, taxpayer money that's getting funneled into these organizations. So. And you know, it's a deep state threat. That's the bigger thing. But people don't realize how big a deep state. The two big strongholds are Ukraine, that's where the money laundering goes, and Iran. That's where all the terrorist funding goes and it's distributed all over. That's where all the bomb making goes. All the stuff that happens that funds all that stuff, you're breaking it up. And so what's happening here with, what Trump's really doing here is he's making, you know, a show. He's saying there's going to be peace, but you can't, if you don't flex a little muscle once in a while, you, there's not going to be any peace. You're sitting back thinking, Kumbaya, let's, oh, no, what's going on? There's so many people out there that claim to be maga. So many people. This isn't mega. You got Thomas Massie. This isn't maga. Well, yeah, it is, buddy. It is exactly maga, because that's what I voted for. I voted for peace. And the Abraham Accords were that first shot across the bow and nobody gave Trump credit for it. But like Jeff has expressed here before of doing a lot of business with folks from the Middle east, they, they absolutely love Israel. And there's somebody that put up a post the other day that said, if you are, you know, secretly the Middle east is saying thank you, Israel, they won't say it out loud, but secretly saying thank you because they do not want the rabble rouser, the nut job, the crazy, you know, between that and, and you notice that none of these Middle east countries will take anybody from Hamas. They don't want them, they don't want anybody from Gaza. Why? Because they're nut jobs, man. They're off the rails. They don't want them in their country, they don't want them admitted. They kick them out if they make it in, if they, if they sort of somehow slip through, they get kicked out or thrown in jail. So if the Middle east countries don't want these rabble rouses, sure don't want Iran. And that was when Trump went to Saudi Arabia. Kind of like telegraph what was going to happen. But if you don't have a world leader on the stage who knows how to negotiate, who knows how to flex a little muscle, who is trying to get peace and he wants unconditional surrender, now they're like, oh, now we're into regime change. Well guess what, the Iranian people are going to want the regime change, let them take care of it. What's traditionally happened and they're close I a all these, the three letter agencies would install somebody, get them on the dole, get them on the payroll, turn into a deep state operative country and control the hell out of them. Same thing they did with North Korea. Right. Trump come in there, broke that cabal up, he went in there and all of a sudden they were out. So this is what people don't realize in the bigger stages they're, these are strongholds by way more going on than on the surface. But you gotta, you gotta go down that rabbit hole to understand how that works. If you're reading surface stuff. Yeah. You'll miss a lot of it.
Jeff
Yeah. And it's interesting, you know, when you really get in and see what's happening on the street in the communities around the world, especially within the Persian communities around the world, in the US In Europe. They fled the regime because of what was going on in that regime. The ultimate control. Iran wasn't, it wasn't always like it is now. You know, once Ayatollah took up, took over and they, and they regulate, you know, through force. What we saw, you know, today or yesterday, whatever the time frame was in London, is that you had the Persians protesting in front of the Iranian embassy in London with Iran with their flags and with Israeli flags, you know, protesting and calling for the, the toppling of that regime. And they were thanking Israel for what they did, thanking the US for what they did. Because it's Liberation. And we saw some of the groups in Syria, you know, issuing a thank you to Israel as well, you know, because you look at, you know, what was happening under Assad and you see what's happening under the Ayatollah in Iran, you know, and you see around the, you know, around the region those that, that you know, were bearing influence. Iran was controlling all the moving pieces from Lebanon to Syria, you know, and even within Iraq. I was watching an interesting one today and they were talking about the original IEDs in Iraq until the Iranians got involved and they gave them new technology to where, you know, you just have to look out for the guy that was going to trigger the device to. All of a sudden he said you needed a 25 million dollar vehicle to avoid getting hit with these, these IEDs, you know. And it was because of the influence from Iran, Iran is influenced that you mentioned before. You know, with all the missiles. All you have to do is go, you know, read and look at the regional news and see what's been happening and orchestrating over the, over the past decades. And you know, you can see the, the changes on, on the streets, you know, dig in and start, you know, really, you know, understanding, you know, the, I would say, you know, from a, I don't want to say from necessarily a civil perspective but you know, from that local community perspective, you know. And so that's where you know, if you go and talk to people, you know, from Lebanon, talk to the Christian that were in Lebanon that lost everything and the abuse that they had suffered, talk to people that had fled Syria, talk to, you know, Persians in the U. S that you know, have left from Iran and, and see what their communities are like in this country and in, in Europe and it's, they, they want to live in peace and, and they just want, you know, they want freedom and, and that's what it's all about, you know. And in this scenario, you know, we see a war, you know, going on right now. This battle, it, it's, it's kind of a destabilizing battle, but it had to take place. Another. He was from the iaea, the International Atomic Energy whatever up. And so I think he was the director at one point previous, but he was saying that Iran, the only country in the world, I don't know what the exact percentage of enrichment most countries we'd have to look it up. Maybe someone can look it up what the typical enrichment level of uranium is for non military purpose, non weaponization purpose. It has to be 90 for weaponization. I know, it's lower than 60% because in his. What he was talking about is that Iran is the only country in the world that enriches to 60% because it's one step before weaponization of uranium. Everybody else in the world, I don't know if it's 40%, I don't know, it's 30 or 50. Maybe someone can, you know, look it up and see what that is. But he was making that statement that Iran's the only one that weaponized, that enriches the 60. And when they didn't get what they wanted on the world stage for a negotiation perspective or, you know, the, you know, all the, you know, different trials and tribulations that have gone over the years, what they would do is increase more enrichment of uranium at 60%. You know, so it's such a, you know, it's such a travesty. So for people to say, oh, Iran didn't do anything. Well, if every other country in the world with, with nuclear power is enriching to, again, whatever that percentage is, and Iran's the only one in the world to enrich the 60%, then the question that you have to ask is, why are they doing that? And if it's one step of before weaponization and they're this close from weaponization of, of that uranium, then you also have to ask why? And if they're the ones that are the global sponsors of terrorism, what happens when they do weaponize it? And this, this impacts everything, not just in the Middle east, but it impacts Europe, it impacts the US it impacts everybody in the entire world. Because there was another one from Germany, and I, I was watching it today. One of the chancellors and somebody, I don't know who this other guy was, but they were talking about what's happening over in, what's happening over in Iran with Ayatollah is. They said that. And actually, it might have been. No, you know what? It. I think it was one of the princes from Saudi Arabia that was talking, and he was talking about how, you know, within Europe, we saw what happened with Hitler and we saw his rise to power. And when we saw his rise to power, everyone ignored the fact of what his true objective was. And, and then obviously it unfolded that he had this objective of, you know, conquering Europe. And then, you know, every, you know, everything else is ambitions. And he said, this is exactly what Dyatola wants to do through the caliphate, and they want to have larger, broader conquest. And that's why they have their proxies, the Houthis and they have Hamas and they had Hezbollah and they had already moved in and influenced Syria. They have influence in Iraq right now. And so as they start, you know, expanding, they have an objective and we can see what their objective is. And it could be 10 years, be 20, could be 30. They get a nuclear weapon, it's over, that's it. You know, because now they hold everybody hostage because they're not afraid to use it. Go back to the war between Iran and Iraq. They were using chemical weapons again, you know, and so Syria used chemical weapons on their own population, you know, so if they're able to, if they're willing to do that, what else are they, you know, what else will they do right now? Israel targeting military institutions within Iran going after leadership in Iran, Iran shooting missiles into population centers. They're taking out apartment buildings, they, they're targeting hospitals. They targeted the, what is it, one of the largest research institutions over there. They do a ton of cancer research. I think it had like $500 million in damage and research that's been lost forever, you know, based, but that these are the places that they're targeting, you know, and it's crazy to see these residential buildings. I have a neighbor down around the street and, and his parents building was hit, the whole building came down, you know, so it's just indiscriminate, just target population centers, you know, that, that's a major, you know, difference. And, and you start thinking about that this is what they're willing to do, you know, so for the U. S. Action and Chip, you mentioned it, I think spot on. Trump has made a massive statement. We, you know, thank God we have a president that cares about this country, cares about our troops, and we can be proud of the United States again, you know, but he went in there and specifically, you know, targeted those facilities and dropped that 30,000pound bomb or whatever. You know, amazing. You know, the bunker, bunker busters. I don't know, it was still the Moab or whatever. It was amazing. Just amazing.
Chip
Yeah, it's amazing. There's so much going on. I mean, guys, there's so much really to talk about. It's, it really is, there's a, it's, it's a lot, I mean, there's a lot to unpack here. I wanted to just, I wanted to go back to just crypto for one second here.
Jeff
Go back to crypto. And we kind of sidelined the squirrel into the geopolitics.
Chip
I was gonna ask you too. You said Houthis, like Houthi Sounds like a band. But I've also pronounced.
Jeff
Yeah, that's all right. I always think about that.
Chip
There's a Thut in there.
Jeff
Houthis, I'm sure there's Hooties and Houthis.
Chip
Which ones are dangerous. So, you know Raul Paul, who's, who's been an analyst and has a pretty solid background, but he's, he's very bullish in the fact that he's saying that the cycle is mirroring 2017. It could peak by June of 26. He says AI ETS and liquidity may drive crypto from a 3 trillion market to 100 trillion. Now, I absolutely think that's possible. Like, you think this was crazy talk a while ago, but with all the momentum of what's happening, you know, what do you think was like 19 different ETFs around all spots. ETFs, but there's a whole bunch of different ETFs. Solana, you name it. Bitcoin, there's so many of them that it's crypto. I think 2025 may be the year of the pivot of going maybe more mainstream wrong here.
Jeff
Yeah.
Chip
Three trillion, like two trillion. Get a woman, you know, at a bad times. 1.5 trillion. 3 trillion, man, forget about that. 10, 15, 20, this is where we're heading. A lot of conditions are sort of, sort of pointing us there. But Jeff, you were talking before about bitcoin and I just happen to see this show my feet. So bitcoin Ben, who is forever, you know, he's, you know, always shilling and in this. And he's one of these maxis, but you gotta laugh when you see stuff like this. The Federal Reserve is being replaced by Bitcoin and stable bill, Coin bill, Absolutely not happening. No chance. And the Federal Reserve is not being replaced by bitcoin. First of all, in order to shut down the Federal Reserve, it's got to be done by Congress. Okay? Number one, you can ignore them. Like Trump is doing some stuff on the side, but the stablecoin act bill has nothing to do with that. So it's like nobody, everybody's all in this hype and bitcoin is not going to be a payment rail. I saw somebody who was a major bitcoin max, he says we fail if it doesn't become a payment rail, we fail. You know, digital intent, like we would. It's not, it's not. If it fails as a payment rail, and it's failed as a payment rail.
Jeff
It'S not a payment real payment rail.
Chip
It never Will be a payment rail. It's too expensive to send. It's clunky. It's just not what bitcoin's made for. It's not. That's not bitcoin. You know, it's not in their wheelhouse. I laugh when I see these, these, these different.
Jeff
But people, but people on all sides keep talking about this. They keep talking about, you know, bitcoin or xrp, you know, is going to be, you know, the main, the main currency. And, you know, just, I, I think art on the lake, you know, is bringing up a great point too. What gold will bring down the Fed? But it's gold if you do a, you know, a store even of. Of crypto assets, get a basket of goods that are outside the purview of the Fed to bolster up the treasury. And then now all of a sudden, you know, the, Everything changes.
Chip
Yeah, I think we have so much. I think the gold we have is so understated and it's been, it's been pressed on for so long, but art is 100, right? Gold will take out the Fed. That's what's, you know, pretty much going to happen. You think about Trump is going to end the Fed. Any possible way that he can. We do not need. I mean, talk about any enslaved to a third party who's never been audited. I'm sure there's no tomfoolery going on around there. If it's happening in the government and these people. And if you think they can press a button and just mint a billion dollars, where do you think they're sending that without anybody else knowing? Hell, there were servers sending it without anybody knowing. The US Government, they didn't know where it was going. There was no, there's no. In the ledger. There was no reason for it. I mean, this is insane that all this stuff was happening. And that was the tip of the iceberg. That's the stuff that casually came across. Yo, and by the way, 5 million Social Security numbers. 5 million let out the legals. I wonder how that happened. We were told that they weren't voting, but if you have a Social Security number, you're definitely getting a license. You're doing a lot of other things and you are voting. So this is. We, we know the game. That was the whole con game from day one. You gotta go ahead and you gotta do the voters. And I thought I had a nice meme here for that. Let's see, where is the meme that I had here? Hopefully I, I loaded it and it looks Like I did. Here it is right here. There it is right there. Democrats watching illegal aliens they brought in to steal elections be sent home. There you go. It's pretty much how it works. And you know, there's so much evidence of it. I mean, they were, of course they were voting. And then why. Why would you think they would sell out and disintegrate their party? Because they care about illegals. No, no. They care about being installed for a lifetime and rigging elections. That's how it's always been. So that game is changing quickly.
Jeff
Here you go. A couple comments. They all kind of tie back together. Visual vendetta saying there's no way the USA can go back to the gold standard. Force PW said, what gold? The building's empty. Sir John says, what about the Fort Knox audit? Where's that? What's going on then? For said the Democrats have it in their home Volts.
Chip
That's true. That there is some truth to that. Oh, there is some truth of that.
Jeff
All of that. That all kind of ties together. Where's the audit of Fort Knox? Is the building empty? Or is there really gold in there? And then visual vendetta. Can we go back to a gold standard? I don't know that we go back specifically. Joel. Gold standard.
Chip
But maybe. I mean it might, it might, might. Val. I think it's going to be part by goal, but Richie Torres, who? Wait a minute. What the heck? I hit the wrong button there.
Jeff
What just happened? Oh, how about this one? Out with the maritime law, in with the constitutional law.
Chip
Here we go, right here. So Richie Torres, he's a Democrat. Every once in a while he jumps out of his lane, man.
Jeff
It's probably.
Chip
Because he does jump out of his lane. But he said the world can achieve peace in the Middle east or it can accept the rogue nuclear weapons program, but it cannot have both. The decisive destruction of the Fordo fuel enrichment plant prevents the dangerous spread of nuclear weapons in the world's most combustible region. No one truly committed to nuclear proliferate non proliferation should mourn the fall of Fordow. Yep, he's really on a limb here. I'm like, he's against his whole entire party. It's insane. And every once in a while they take him behind the woodshed. He gets beaten down. He comes out like a good, you know, Democrat and he, you know, talks the talk and makes a couple things and I just don't. This guy will. Then, then you'll see right after this, Jeff, he'll come out and start making Statements so out of character. It's like obvious where. What's happening. Because every time he does one of these ventures into like, hey, this is the right thing to do, and he starts. His phone starts blowing up with text. Then he'll go out and make some outrage. I've seen it happen every single time he'll go out and make it outrageous. You know, he's been pro crypto.
Jeff
He's been beaten in this crypto, but extremely crypto.
Chip
The election time, he wasn't sticking his neck out about pro crypto.
Jeff
Like, yeah, he toned it down. But I think he's. Is he. Is he a co signer on the bill? On the current bill.
Chip
He's a co signer on the bill.
Jeff
Is he.
Chip
But Rich Torres is all over the place. Understand.
Jeff
Yeah.
Chip
Where he is. Because he's. He comes out and he says things that kind of make sense, but then he kind of, kind of go. He just kind of goes a little bit rogue once in a while. I don't know what's up. And then this one. Jeff, you want to hear this one? Like, this is actually a new story. The WNBA star Natasha Cloud, who. Nobody. Who in this audience I watch, I follow a little WNBA just because of all that. There's always some drama going on there. Okay. Who knows her, number one, number two, who cares what she. But she appears to call for Trump's impeachment after Iran strikes. Why is this even a story? I mean, that league is propped up by the NBA. They spend hundreds of millions of dollars to keep it going. Because we care about women's sports. Well, if it was on its own, it would have failed when a year or two years into it because, you know, without Caitlin Clark and some drama going on there with a few others league tomorrow.
Jeff
Yeah.
Chip
And bring a lot of funds and money and bring some of the best players around the world and she could start a competing league probably with eight teams. That would destroy the wnba. But it's just. It's a joke. It's like we have to have a women's version of it and it can't even stand on its own. And it gets. It get. You know, it's. It's a joke. And who is she? Who cares? Nobody cares what you think. No, I can't even. A story, Jeff. Like, why does anybody. Why is that a story?
Jeff
I have no idea. I. I was a little surprised to see that anybody even cared that it was a story. So therefore we had to talk about it because it's so shocking that it was a story.
Chip
I don't know. John Nolte, who goes by John Ocasio, Rodham Nolty. He said there was MAGA civil war over the U.S. airstrikes against Iran, which they predicted. More than one poll showed that this was an 80, 20% issue among Trump voters, with 80% in for strikes. What the. What. What there was is a handful of high profile MAGA leaders against any action which skewed reality. And Trump did. Did the right moral and courageous thing. A world without nuclear Iran, a Middle east without a nuclear Iran has a real chance at peace. Iran causes 90 of the ME problems, Middle east problems and conflicts. Kill their nuclear plans. Kill Hamas, Hezbollah and the Houthis. That's the only path to success. Why people don't see this, I don't know. They're fickle. I mean, I wonder what their lives are like. Like, hey, somebody come got somebody cut me up, and they, like they run into a tree or something because they can't take the. I mean, like, I've never seen such lightweight, pathetic losers out there, especially on the right up. I mean, this is like, you guys are out of your minds for, for just like, they're so flaky, though. Something happens that they just, they weren't expecting. They don't. Yeah. Peace through strength. Trump didn't spend 40 years talking about this. To go to. To start shipping, you know, putting boots on the ground. Come on, man, pay attention.
Jeff
Yeah.
Chip
Oh, my God. Crushes me to think about how stupid.
Jeff
People can be, Sir John, WNBA is the only American sport which is not a thing even in the US.
Chip
Except for the freaking Clark getting smashed down like three people hitting her knock to the ground, you know.
Jeff
And on that note, though, Chip, today I didn't make it down there. I was gonna go. There were 200, 000 people on the beach for the parade for the Panthers parade down in Fort Lauderdale. They paraded all the way down A1A, basically from sunrise all the way down past Los Olas. And it was a crazy spec to go over there last year. Thunderstorms, lightning, and all of that. But today they drove down the entire strip. And I got to watch it. I was doing stuff here, but I was watching it and it was so much fun to see victory number two. Last year, obviously, Panthers took the Stanley Cup. This year they took it again, and the chant on the stage was number three. So they're going for number three. Number three. They're going for it again for next year. It's their third year in a row in, in the finals. Florida's held the finals for six years now. Three years with the Tampa Bay Lightning. They won twice. And then three years now with the Panthers and they've won twice in a row. So we'll go for a nice.
Chip
If you're a Canadian, I saw. Because you haven't won since the habs won in 92. A Canadian team.
Jeff
Team. Right. Canadians on the Panthers get the victory because they were obviously Canadian players.
Chip
But in Florida, like on the beach, I'll tell you that this is what it's, you know, this is something that Reagan always said, if fascism ever comes to America, it will come in the name of liberalism. It's here, right? So, I mean, you know, Reagan, they ignored him and they poked at him. They thought he was, they thought he was a joke. And you know, people sometimes get into a little tip tap when I say that, that, that I think Trump has shown himself to be more conservative than even. Because Reagan, again, Reagan had two terms, different time. You know, he did reduce the size of government his first term, but when he left office, he probably wasn't his right mind the last two years. He had onset of dementia. I think they did. It was Joe, Joe Biden bad, but it was sloppy and he was, you know, starting to lose it a little bit towards the end. But it was, the government was larger. You had, you know, Iran Contra affair. Like there's a, there's a whole bunch of stuff. Iran, again, funny, you know. And how did Trump get a lot largely was because of the hostages Again, Iran. Right, Because I took our hostage. I mean, they've been, they've been this, you know, this destructive force. This isn't like a year, two years, decades. This stuff's been going on. It's insane what's going on this long. So you just got to know history a little bit to even understand, like what's going on. Right. I mean, because most people don't even pay. But I'll tell you this, I was happy to see this job. I didn't know that. I didn't really know Trump had a, a good voice. But look at this. Here's him singing.
Jeff
But the US Said no, not today.
Chip
With the cyber zap quick and the.
Jeff
Drone in the sky no nukes for you Just a piece loving by no reactors, a spin and no bombs going to spark we shut it all down with the wink in the dark do.
Chip
No nukes we're the red, white and.
Jeff
Blue Sing harmony Sweet cuz we're seeing this throughout for you. Well, hey, before, before. That was, that was hilarious. Before we go into anything else, we pat way past the bottom of the hour. I see people putting the yeti in. Gotta get. How many yetis do we have in there? What do we have?
Chip
Voice of an angel. We have 14 for entries.
Jeff
All right, so we got. We got to play this. Hey, here we go. Here we go. Wrote a song about it. Here we go.
Chip
You ready to win a badass yeti for the white tribe.
Jeff
From the clan.
Chip
Of yuck Yucks shouted.
Jeff
Hey, you know.
Chip
The word of the day.
Jeff
Green. Come on, come on.
Chip
Market.
Jeff
Stomp it. Stand our ground. Get your salmon wallet, get ready. Are you really asking why? Because this ain't just a drop.
Chip
It's a fucking why. Now.
Jeff
This is your legacy. This is your just reward.
Chip
What?
Jeff
Claim your badass yeti or be forgotten like a footnote in history on the chain.
Chip
Another banger, Jeff.
Jeff
I like that one.
Chip
Going crazy.
Jeff
I like this vibe. I like this kind of theme with the synth and everything. It's kind of crazy.
Chip
Yeah. Awesome. What was awesome, man? So this is a supreme leader talking of Iran talking.
Jeff
After we actually do have land, we're gonna have to do that giveaway on. I think we have one more plot of land.
Chip
Okay, so I want to address the rumors going around about our nuclear program being obliterated by the YMCA shaker, booty dancing guy in the rallies, you know, the guy with nice hair. Anyway, I mean, you guys, why do we even need a nuclear program anyway? Can we just get some nice solar panels and windmills and we don't need nuclear. So anyway, I need you guys to stop using electricity, seriously, because we don't got anymore. These send us back to the friggin stone age. Thank you.
Jeff
I love those.
Chip
Because we're hearing that all you can do. Congressional support and the Congress has to authorize it. Now, people pay attention. But this guy brings up a really good point.
Jeff
Today I authorized two operations in Iraq. Targeted airstrikes to protect our American personnel. Last night, on my orders, America's armed forces began strikes against ISIL targets in Syria. Today, at my direction, the United States launched a targeted operation against that compound in Abbottabad, Pakistan.
D
They did what?
Jeff
Today, I authorized the armed forces of.
Chip
The United States to begin a limited.
Jeff
Military action in Libya because Libya.
D
Oh, I ain't never heard of Libya.
Chip
National security.
Jeff
They can take the diplomatic.
D
So at the end of the day, the question, all it comes down to is, is y' all really mad at the strikes or is y' all just mad at the person who did it because Obama did the same goddamn thing but we didn't hear nobody talking about he bombed the country and he. He didn't bomb no body. These are military operations that go on throughout our country. This is why we have a military, the armed forces, the marines, and all this. And have all these. This equipment that's worth billions of dollars. This is, this is what this is for, to do stuff like this operations. Where do you think they came up with the game Call of Duty? Like, y' all liberal. Think y' all slick though the best believe though I'm on y' all ass.
Jeff
All day though I like Call Duty.
Chip
Bring up some good points, Jeff.
Jeff
Oh, yeah.
Chip
And the other weird thing too is like, again, I didn't think Trump and was such a good singer, but here, here we are. Tell me.
Jeff
When we he a certain call when the world must come together as one. Oh, dear.
Chip
A day at all. If you're watching this, this is Trump and Putin singing together. Now Putin's taking solo. Oh, it's time to FL some way there we soon make our dream we are all a part of God's great big family and the truth, you know love is all we need we are the world, we are the children we are the ones who make a Friday so let's start giving it's our choice we making we saving our own lives we make a better day just to me.
Jeff
Well salon your heart soda and know that someone cares and the lies.
Chip
Will be stronger and free as God has shown us by turning scorn to.
Jeff
Bread and so we all must lend a helping hand.
Chip
We are the world, yes, we we are the children we are the ones who make a brighter day so let's start eating Venezuelan. There's a choice we making we're saving our own lives you and me we downing out and and there seems no hope at all but if you just believe there's no way we can fall well, well, well, well, well let's realize. Oh, that from Italy you get gist.
Jeff
Oh, my God, that's so awesome.
Chip
It's out of control.
Jeff
So freaking amazing.
Chip
This was something that came up. I was surprised to hear this. Trump stands for Iran. Be a man.
Jeff
Three holes already. I get. That's funny.
Chip
Be a man.
Jeff
That's funny.
Chip
This came up on my feet. James woods, who's an absolute hero, he. He put this out. This was on election night, right around 4 or 5 o' clock. This is the political analyst. She tells us he's a political analyst, but she talks about a little story that happened to her. And of course, she was voting for Kamala Harris. But this is.
E
Okay. So we're closing in on almost 5pm Eastern Time, and I've been tracking everything.
Chip
That'S been going on the night of election. Listen how excited she is across the country today.
E
And my most important encounter is when I went out to get my champagne.
Chip
My God.
E
I was talking to the guy in the store, of course, asking him did he vote? And he said he did early voting. And he asked me if I early voted. And he asked me, you know, why I was getting the champagne. And I said, because I'm going to be toasting Madam President tonight. And he just looked at me with kind of like a smirk on his face. And I said, you know, she's. She's going to win this, right? He says, oh, well, it's very, very close. And I said, no, it's not. Not says, well, what do you mean? I said, no, it's not. The women of America are making their voices heard. Reproductive rights is what it all comes down to. And the women are voting in numbers relative to men that are unbelievable. She's won this. And I said to him, she's going to take every one of the swing states, plus.
Chip
Plus Iowa didn't take any of them, by the way.
E
Oh, but the numbers are so close. I said, I'm a political analyst. I'm terrified telling you right now, the numbers are there. She's taking this election. And then I said to him, you realize. And he didn't tell me who he voted for, but of course I knew. And I said, you do realize you wasted your vote, right? And I didn't care. I walked out with my bottle of champagne and happily walked home. Bye, bye.
Chip
Bye. See you later. That never gets old. I've seen that about 10 times, and I enjoy watching. She's so sure of herself, right?
Jeff
Yes, exactly.
Chip
She's a political.
Jeff
She's a baby killer.
Chip
Political analyst.
Jeff
Jeff, did you know, Sir John said, chip, you could just show us. The lady didn't have to mention she voted for Kamala. It's way too obvious. It was definitely, definitely obvious.
Chip
Yeah, it was pretty.
Jeff
Oh, my God, she's crazy.
Chip
Yeah. It wasn't like you didn't know that. You're right. It wasn't like you didn't know.
Jeff
Course, this is the problem with them, though, Chip. Each one of them, they're so pompous that they immediately just make an assumption that they're right. But they're just lunatics. I mean, we can look at our stuff, analyze it, understand the history of it, the ramification of it and then come out with a correct answer. These people. These people just emotionally think they're right. They have no. No factual basis behind it.
Chip
You know. You know how people talk about like when moon. They go. When Lambo. When Lambo.
Jeff
Oh, here.
Chip
Here's somebody who filmed the Lambo racing a. Racing a. A Tesla. One of those cyber trucks. Here it is.
Jeff
There's no. You can't. The Tesla truck. It's instant power. There's no comparison.
Chip
Over a little bit.
Jeff
They're going to block traffic like this. He can't even get his fingers to move fast enough to do the shifting.
Chip
And Lambo, man, this side took a lot of joy in this Tesla. This was up in Washington. He saw Antifa. They're yelling at the cops. Listen to this.
Jeff
Where is this?
Chip
This was up in Washington, I think. State something.
Jeff
And goodbye three Seattle. And every one of them's arrested.
Chip
There you go. Anyway.
Jeff
What's that anyway?
Chip
Like whining like little. But they talk so tough, don't they, Jeff?
Jeff
Easter strength. There you go.
Chip
See what's to the hells to the end. Let's look at this badass Yeti song.
Jeff
On Bart Simpson's grandpa is more sane than Antifa. That's right.
Chip
Of course.
Jeff
Mark Smith.
Chip
18. And we're ready to rip here.
Jeff
Just freak woman. A good reminder why I stay single.
Chip
That's why you can't crowd brought out the B team. Yeah, that's right. They're always.
Jeff
We have. I can't see.
Chip
That is the A team right there. That their B team is the A team. They usually bring out worse.
Jeff
That's right. Can we play the song one more time? We're going to do the drawing. What time is it?
Chip
See the drawing? It's getting late here.
Jeff
Oh, look at that. Oh, it's 9:20 over an hour.
Chip
Three minutes.
Jeff
Hang on. Where's the. Okay, here we go. You ready?
Chip
Yeah, I'm ready, man. Let's do it. Ready?
Jeff
Nope. I just scrolled. Why can't I find it? Hang on. Oh, here we go. Nope.
Chip
Straight to your cave monthly without burning your wallet. No fluff, no fads. Just great coffee. Handpicked. Small batch roasted Yeti approved. Hoda join the rebellion. Drink like a legend. Badass Yeater's coffee don't come. The percolation never stops. There it is, baby. Badass. There you go.
Jeff
Badass Yeti coffee. Badass Yeti coffee dot com.
Chip
There it is right there.
Jeff
Is it any good ship?
Chip
Nah, it's great, Jeff. I mean people love it. They come back for More. Which is good. It's always a good sign.
Jeff
Badass Yeti coffee.
Chip
Extra more. Right? All right, here we go. Get your yam and zaman.
Jeff
Oh, I forgot to hit the re. Oh. Etx.
Chip
Small biz biz. Not to be confused with etx Large.
Jeff
Biz or medium biz.
Chip
Medium biz. Let's do it. You hear, man? Etx. I haven't seen etx.
Jeff
I haven't even seen him. See? Are you here? Number one, you gotta say you're here. Number two, you won, dude.
Chip
What? That's as good as here. Or two, get your Zombin wallet. Get your wallet. Get your wallet. Get your wallet. Get your wallet. Ready? And also, we need your handle for X. What's your handle?
Jeff
Yes, that too. What is it?
Chip
Let's see. I'm gonna see if I can find this. Sometimes people don't have.
Jeff
All right. That's awesome. Etx, Small biz.
Chip
Congratulations, man. Yeah. Bad Bad. Oh, different name. Twitter.
Jeff
It is one. A badass yeti of the white tribe from the clan. Yuck yucks.
Chip
Yuck yuck Yuck yucks. Maybe you have a different hand. Maybe you're not even an X. I understand that.
Jeff
No, some people don't have X. Some people prefer dropped out of social media after they lost their. Their. What was that Google one called? You remember that?
Chip
I don't even remember. It was so long ago.
Jeff
Rigged.
Chip
It was called Google plus.
Jeff
Google plus. That's what it was.
Chip
That's what it was called, Jeff.
Jeff
That's exactly what it was called. All right, I'm gonna get back on the YouTube again. Trying to scroll through to make sure I see itx.
Chip
Congrats. Getting all the congrats poured in.
Jeff
Yep, there it is. I got you. Zomin wallet right here.
Chip
Bunker busting yeti. Yeah.
Jeff
Gonna transfer over here. So as I do that, actually, before I transfer it over, you probably want to see the badass yuck yuck that you just won.
Chip
Yeah. Let's see.
Jeff
Everybody wants to get a little bit jealous of this yuck yuck. Check out this. You know, unremove.
Chip
Yeah, Remove that so you can. You can put that up there, dude.
Jeff
And there. There he is. Look at this guy. This is a yuck yuck. The yuck yucks add kind of the comedic flair to the whole yeti project. Enter the yuck yucks. They're very funny. They make funny sounds. They do funny things. But don't run into them because they'll probably crush you. They're still badass, and they're still badass yetis. So they fight like the best, but they're comedy relief. So that is the badass yeti of the white tribe, number 1298. So that's the one you just got. Let me go over here. I'm going to transfer this bad boy over to you. So get ready. Going to send that over here. Let me hit the transfer button and get ready for this. Let me open up the Zaman wallet. I got the Zaman wallet ready. Chip got the Zaman wallet ready to transfer.
Chip
Let's do it.
Jeff
Go to. Go to the QR code. Boom. So quick.
Chip
And it.
Jeff
This is why the XRPL kicks ass, because you can have an nft. We can go through the transaction, burn a little bit of XRP while we're at it, and boom, now you have that. The nft. Just like that. We just transfer this bad boy over to you. You're now a proud owner of a badass yeti from the white tribe of the clan Yuck Yucks. And we just did it all just like in. In seconds. And now you have this nft. We just sent it to you. And that would. That's amazing. I don't have to. There's no gas fees, nothing like that. Don't have to wait 48 hours. Like, boom. Now you got a Yuck Yuck. So there you go. There you have it. Chip. He is the badass owner of Yuck Yuck one two nine eight. And then. Do you have a. An X handle? Did we. Did we establish that?
Chip
I don't think we do. I don't think you answered that.
Jeff
Do you have an X handle? If you have an X handle, then when we can put it out on X and then we can say, hey, check out who won. It was ETX of the small biz. We have not established that. All right. Of course it's rigged.
Chip
Oh, but it's. Somebody rigging it.
Jeff
Of course it's rigged. OTC OTC show is pre recorded recording.
Chip
I like that someone came in there and asked that one time, Jeff, which I think he's making a joke of because recorded. And we mentioned. Yeah, we randomly mentioned your name for. For the hell of it.
Jeff
But yes, we did pre record this. Are in the lake. Art of on the lake got an X handle. Look at that.
Chip
Oh, good for you, man. That's all. Well, follow us. We'll follow you back. Thomas Massey got blown out by Trump. Dude, he just ripped him a new one. He said, I'll be out there in Kentucky. He said, the good news, we'll have A wonderful American patriot running against him in the Republican primary. And I'll be out in Kentucky campaigning super hard.
Jeff
That's it.
Chip
Lazy, grandstanding, non productive politicians of which Thomas Massey is definitely one. Thank you to our incredible military for an amazing job. He man long post. He ripped him a new one so. All right, let's do that. Let's get out of here.
Jeff
So we got obsidian asset.
Chip
Beautiful.
Jeff
That's his X handle. So I got that. Gonna put that in here right now. We're going to send out an X post right away for this great win, this great victory. Congratulation. There you go. And now we're sending it.
Chip
Just followed back because I always like to put everyone's handle in here. So guys, go follow. Go follow. Right there Z. There you go. Just prompted in the thing. Guys, everybody click on that has an X handle. Go follow. We should all be following each other.
Jeff
That would be a good idea.
Chip
Give him a follow. I'll put it up on the screen so you guys can see what it's supposed to look like when you get there and you can see exactly what's going on here. Got the castle and everything. See that castle? You know, see that big ass castle.
Jeff
I like it.
Chip
There you have it. There you have it.
Jeff
Putting out here right now, posting this on X.
Chip
Terrific man, terrific. Okay. It's all the stuff we have tonight guys. We will see you on the next one. And you know what's coming next.
Jeff
What's next?
Chip
We're out, dude. Chip and Jeff are out, dude.
Jeff
That's how we are out. That's exactly right guys.
Chip
On the next one. Chippy. Jeff. Oh, ouch.
Jeff
Are you down with otc?
Chip
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Podcast Summary: "XRP Gets a Billion-Dollar Boost | BitGo, Flare & the Future"
Podcast Information:
Released on June 23, 2025, this episode of "On The Chain" revolves around the significant developments surrounding XRP, including a notable billion-dollar boost, insights into BitGo and Flare, discussions on XRP spot ETFs, and the broader implications of geopolitical tensions on the cryptocurrency market.
XRP Price Movement: The episode opens with hosts Jeff and Chip noting the fluctuation in XRP's price, mentioning it dipping to $0.06 amid a volatile market.
Market Sentiments: They discuss the current market's ups and downs, linking XRP's performance to broader market trends and geopolitical factors.
Flare's Firelight Technology: A significant portion of the discussion centers on Flare's new Firelight technology, which is poised to inject billions, potentially tens of billions, of XRP into the ecosystem.
CEO Insights: Chip elaborates on Flare’s CEO, Hugo Fillion, praising his grounded approach and the innovative strides Flare is making in staking and expanding XRP's utility.
BitGo and Spot ETFs: The hosts touch upon the increasing institutional interest in XRP, highlighting BitGo's involvement and the potential approval of XRP spot ETFs.
Regulatory Environment: They discuss the implications of XRP's spot ETFs on its market adoption and stability, considering the regulatory landscape.
Ripple's Pivot to Stablecoins: Jeff provides an analysis of Ripple’s shift from using XRP for cross-border payments to launching a USD-backed stablecoin, emphasizing the advantages of stablecoins in simplifying transactions.
Technical Efficiency: Discussion on how stablecoins can streamline cross-border transactions by eliminating the need for multiple conversions, thereby reducing complexity and potential delays.
Middle East Conflicts: A substantial segment is dedicated to the ongoing tensions in the Middle East, particularly focusing on Iran's nuclear program and its implications for global stability.
Impact on Crypto Markets: The hosts explore how geopolitical uncertainties, including threats of World War III, influence cryptocurrency markets and investor sentiments.
Regulatory Developments: They discuss impending crypto legislation, the importance of regulatory clarity, and how it shapes the future of digital assets like XRP.
Tokenization and Smart Contracts: Emphasis on emerging trends like tokenization and the role of smart contracts in enhancing the utility of blockchain technologies.
Badass Yeti NFT Giveaway: The episode features an interactive segment where listeners are given the chance to win a Badass Yeti NFT. The hosts demonstrate the seamless transfer process using the XRPL, highlighting its efficiency.
Audience Interaction: Encouragement for listeners to engage on platforms like X (formerly Twitter), fostering a stronger community connection.
Geopolitical Rants: Hosts venture into discussions about U.S. military actions, Iran's nuclear ambitions, and internal political dynamics, expressing strong opinions on current events.
Sports and Entertainment: Briefly touch upon local sports events, like the Tampa Bay Lightning and the Panthers' victories, juxtaposing them with political commentary.
Humorous Segments: Incorporate light-hearted moments, including music and giveaways, to keep the audience entertained.
XRP’s Strategic Moves: Ripple's strategic pivot towards stablecoins and leveraging Flare's Firelight technology positions XRP for broader adoption and stability in the volatile crypto market.
Regulatory Importance: The necessity for clear regulatory frameworks is paramount for the sustained growth and acceptance of cryptocurrencies in mainstream financial systems.
Geopolitical Impact: Ongoing geopolitical tensions, especially in the Middle East, have a profound effect on cryptocurrency markets, influencing investor behavior and market trends.
Technological Advancements: Innovations in blockchain technology, such as smart contracts and tokenization, are pivotal in expanding the utility and integration of digital assets beyond mere transactions.
Community Engagement: Active community involvement and engagement through giveaways and interactive segments strengthen the podcast's relationship with its audience, fostering a loyal listener base.
This episode of "On The Chain" provides a comprehensive analysis of XRP's current standing in the cryptocurrency market, delving into strategic developments, technological advancements, and the interplay between geopolitical events and crypto dynamics. Hosts Jeff and Chip offer a blend of in-depth insights, community engagement, and spirited discussions, making it a valuable listen for both newcomers and seasoned enthusiasts in the digital asset space.
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