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Jeff
Welcome to on the Chain. This is Jeff here with co host Chip. What is going on? Chip? What's going on? Everybody out there in the on the Chain growing subscriber family. You heard that right. Going into a positive direction for the first time in like 20 years. Hey, this is gonna be a great show today. Why is it such a great show? Because XRP as we've seen over the past couple weeks is always kind of hitting a bull run when while we're on streaming. So as it sits at about a buck 88 on its way to $2, hit a high of a buck 93 at about 2:30 something a.m. this morning Eastern standard time. Because the only time that really matters and the question is, are we going to have a Repeat of the 2017 bull run as we saw 2017 post Thanksgiving all the way through December until it crashed over the precipice in January, beginning of January and everything tanked. But we saw bitcoin rising up to 20,000, saw XRP hitting all time highs of what was a chip like 346, 360 something, 80 something. You know, how high can XRP go? That's, that's what everybody wants to know. That's what everyone's here to talk about. We're not really going to put a number on that, but we're going to workshop it, we're going to dissect it, we're going to see what other people within the fanboy community might be saying about it and stay tuned because we are going to be giving away this bad boy right here. That's right. That's a brute. That is a badass yeti from the white tribe. So badass yeti, brute from the white tribe. We're giving that away later in the show. So stand by, have some fun, get your coffee, get whatever you're going to drink for the rest of the show. Chip, you ready to kick this thing off?
Chip
Ready to go. Let's do this. Welcome to on the Chain.
Jeff
Welcome, Caroline. What is going on? Everybody give a quick shout out where you're tuning in from. Caroline's coming in from Brisbane and Matt is taking a nap. So I don't know what's up with that. Why are you taking a nap for this stream? Isn't it like 10pm over there?
Chip
Yeah, it is. He's taking a nap during the stream.
Jeff
All right.
Chip
Oh, yeah. Drop where you're coming in from. Let's see, where is everybody coming in from? Let's see what's going on.
Jeff
Mr. Steve's coming in from north, man. We got Los Angeles, we've got the UK early in la. Carolina, people coming in from all over the place. That's awesome. 11:00pm all right. All right. So that's late. That's late. All right. We'll give you that.
Chip
Caroline, you better make sure you get in the. Get in the game in the contest there.
Jeff
We don't know what that word is going to be yet. The word of the day. Do we know what the word of the day is?
Chip
I'm gonna find it.
Jeff
The word of the day. Happy post Thanksgiving to everybody out there in this great country of ours. And you know, you guys missed out. If you're not in this country, you live somewhere else in the world. Oh, you missed out on Thanksgiving. That's the day that we. You watch football all day long and then you get to eat turkey.
Chip
Lose. But this time they won.
Jeff
You get. The Lions are crushing it. The Lions almost lost, but then the head coach from the Bears got fired yesterday. He was out. That was it.
Chip
Yeah. And then also too, we've got. Yeah. With that, I just. The Bills. The Bills played tomorrow night. As a matter of fact, they had a buy last week. So they weren't playing last week. And then the Chiefs, of course. Thank you, refs. Let's call a penalty. Let's call this, let's call that. Let's say the game is over. So the Chiefs, every time you got to be ahead by two scores, you're going to win because they're going to. The refs are going to come in and give it to the Chiefs every single time. And that was just bad management. That that coach should get fired, too. That was just the Raiders. The most absolute dumb decision you can make that that coach is dumber than box of rocks. I'm like, they had so many chances. Like you're behind and you're running it on first down. I'm sorry, man. It's not the way you're going to be aggressive.
Jeff
Brazil. Brazil's Lake Placid. Lake Placid, Florida. Have you ever been to Lake Placid, my son?
Chip
I was Brazilian. He was. He was here over for Thanksgiving. He made some amazing Moroccan rice, which we're such a Brazilian dish. That's a Moroccan dish. But, you know, he knows how to make rice perfect. So that's awesome, man.
Jeff
You can make good rice. Changes the whole.
Chip
He's telling me there's something. There's a saying in Portuguese that he said that basically says if you know how to make rice, you can marry something like that. I Don't know.
Jeff
Like, okay, that's very cool.
Chip
I was like, oh, good. That's good because you're already married. I guess that's a good thing, right? So that's always a good thing.
Jeff
Oh, Doug's hanging in there for December 4th. What's going on December 4th?
Chip
December 4th is when the ripple URL USD is supposed to go live. Apparently, that's the day that they. I'm thinking that's what you're talking about.
Jeff
Probably.
Chip
I guess it'll provide some. Well, yeah. How the Chiefs. Here we go. How the Chiefs keep winning. Smallest margins. Doing my head and. Well, they almost lost to the two worst teams. All right. A team that only won two games all year really should have beat them yesterday. They kicked the field goal and should have won. But. But again, it just. Something smells, you know, just not right. Let's put it that way. I'm not going to bring Denmark into it because they didn't do anything wrong here, but it's just like. It's. It's just. And then they almost lost to Matt, your first adopted team over there, Matt LaRoche. His first team, the Broncos. They almost lost to the Broncos. Broncos missed the field goal. It's so weird, right? I mean, it's like you kick the field goal, you beat the Chiefs. But again, they've been. If they've only won, all of their margins are like less 7 points or less. So it's. You know, they can be beat. I just don't. We don't need them winning a third Super Bowl.
Jeff
Hey, what's the name of the new Washington team? Yeah, that's right.
Chip
I still call them the Redskins. I don't care.
Jeff
I think they're trying. They're trying to turn it back. There's a petition to do that. The commanders is like. Doesn't even make sense. I mean, they ruined the. Ruin the whole team at that point. Check this out. Scotty said, did you guys see that? Brad Keime's video? When he was calling for peace and let the past stay in the past. I thought it was heartfelt.
Chip
Yeah, it was heartfelt, except for the fact that I'm still blocked and I'm still. Now I'm gonna release my AI Song. Because if you mean it, then you unblock me. And we got into words. It got heated when I saw him in person. There were some voices raised, and I might have said he was a. I might just call him because he didn't. Because I'm like, dude, if you don't have anything against me, he told me it was not me, it was my company. I keep. And I'm like, jeff.
Jeff
That's right.
Chip
And I'll say, like, you have something against Jeff. And then, yeah, I mean, look, I'm all this is what. I extended the olive branch in person. He was having none of. I could just unblock me now. What? If you don't have anything personally against me, then why won't you unblock me? Still blocked, guys. So was it heartfelt? I don't know. Block me? Who knows? I mean, I don't have anything against Brad Keimes or his event, his XRP Vegas. I think it's a great event for people to go to. It's going to be bigger and better this year. He does a great job with it. And it's like not our thing against it. We just didn't go, you know, because, you know, we do the Austria, you know, we happen to think, you know, the, you know, the Wave of Innovation event that we did are doing again in Australia this year is like the event we're getting behind. I mean, Jeff and I can't, like, you know, be all over the place and it's happening the same month. So, you know, and that's a. That's a. That's a lot of time investment, right?
Jeff
All about the developers, too.
Chip
I have nothing against it. I'd love to call a truce. I'd love to do that. I. I'd love to get on a stream for everybody to work it out. He used to come on here, we used to have some laughter. I was in CKJ stream the other day. He was talking about. I said, you know, I was thanking him on Thanksgiving, thankful for CKJ because he really launched me into doing this. And he, a number of years ago at times would go on his show. His show until he started his own channel. So CKJ was behind, you know, getting time started. He gave me my start and, you know, we're gonna have CKJ on here and that will go on his. He wants us to come on his podcast and, yeah, let's go hang out. Fun. And this is a time for unity. It's not a time for. For, you know, being at odds. Listen, part of the. Part of everything we do. We could all be on the same team politically, and we're going to disagree on stuff. That's just how it works, right? We're all on the same team. We have a chance to watch. We're all watching XRP go up. And it's not about whether we think there's going to Be a settlement or not Some settlement. Yeah, we've had disagreements on things.
Jeff
The difference too, you know, it comes down to, you know, what, what circles you roll in, how you promote stuff, how you talk about stuff, how you analyze stuff. You know, we just have, you know, a way of analyzing things and digging into the facts and other people, you know, like to dig into the hype. But you know what? There's enough space in this YouTube and streaming world that everybody can find their place. I mean sometimes people like to read Time magazine or the Wall Street Journal for a bunch of, you know, fluffy made up stuff and then other people might read, you know, other, you know, quality publication to you know, dissect their, their news from. You know, there's a little bit people like watching soap operas, other people like watching documentaries. You know, I mean, you know people, they're gonna gravitate to where they want. A lot of people like hearing, you know, a bunch of FOMO and you know, a bunch of hypey stuff and that's okay too. So it's fine. I, I have no issue with it. I used to love what, you know, tuning in and when you hear people pumped up on stuff, why not, you know, have some fun. It's okay. I. Chip and I have no animosity towards anybody, you know, that's all there is to it.
Chip
No, we're not the gate. We've never been maxis.
Jeff
We like Bitcoin.
Chip
Like bitcoin I love get a lot.
Jeff
Of hate over that too.
Chip
Ethereum. I love Ethereum. I'm not the ethgate and this now who cares man? I mean it's. Listen, there's always going to be government manipulation and it happens in your town and your, in your country and you're fooling yourself. There's always going to be favorites played. This is how it works. It's called corruption sometimes at this point I mean who cares I mean if.
Jeff
If there's a digital get into it.
Chip
Yeah. Why who cares? I mean at the end of the world like support you, you want, you know, it's not like a football team like oh, only my football team can do well. It's like the stock market like we've talked about before. So like it's. I just don't understand why there can't be some more love for everybo and yeah, go ahead, subscribe if you're new here. By the way this is interesting here. I wanted to put. Look at this one here. Chad says the. They're called the commanders or commies for short because they're, and that's perfect for the subject because they're from D.C. right? They're from Washington. They're Washington commanders or the commies. Correct. Very well done.
Jeff
Hey, ready? We're gonna, we're gonna get in. Let's start the show. Let's get into some details. Let me just play a quick song.
Chip
Our next segment is Clickbait time. XRP to the moon.
Jeff
To the moon.
Chip
It's going to the moon. It's going to the moon.
Jeff
Going to the moon. Tomorrow, tonight, right away.
Chip
That's what we're talking go. We're talking about the moon.
Jeff
To the moon. To the moon.
Chip
And a lot of people have been shocked by what's happening with XRP because it, it usually tracks with bitcoin. And at this time, bitcoin took a little bit of dive. We saw XRP continue going. The charts are a lot of, a lot of people that do, you know, ta are looking and saying, wow, there's a lot of things that are very different about what's happening now compared to previous. So, you know, look, a small steady climb. Keep going, get up to $3. I mean it would be just great to see us break the all time high. Then the sky's the limit, right? And then you go four or five, whatever. I mean, it's great to see.
Jeff
Look at that, Chip.
Chip
Look at this.
Jeff
I mean, we've pulled back a little bit. You know, it was a buck 88 when we started, but look at that, look at that high right there at a buck 93. I mean that was at 2:40am I mean that's pretty, it's impressive. You know, we look at the 24 hour, you look at the seven day, let's go out a month. Look at that growth. I mean, look at where we were here. I mean, it's really impressive. We start looking at the entire market and all of a sudden, you know, something changed right about down here, November 5th. I wonder what that was. What changed November 5th that has led the entire market, stock crypto positivity on a global scale to reach this kind of positivity that we're seeing, even XRP growing from 50 cents all the way up to a buck 93. Some car driving by, backfiring, sounded like gunshots.
Chip
We can't hear it.
Jeff
Nope, you cannot. But Chip, what was it? November 5th, what happened? I can't remember exactly what happened on November 5th.
Chip
Oh, it could have been an election, Jeff. Could have been an election.
Jeff
The greatest election of all time. Why? Because Chad called it right there Make XRP great again. That's right. We are kicking it off. We got you know, some major win. Obviously they're a chip. There was huge amounts of positivity injected back into the market. All these, you know, people out there chip it. It drives me crazy that these people are still out there and they still have some followers listening to and GR and grabbing onto everything they say. When they said that there was going to be a pivot that the leftists we're going to pivot to supporting crypto. If you can't analyze that accurately then what else are you saying that isn't accurate? And it just kills me that we know 100%. I mean it probably 100, you know, a thousand percent accurate that if somehow the leftists were able to finagle a win in this space are the entire world would be going through not just a reception recession to the to epic proportion but this market that we're witnessing right now that the stock market, the positivity, the crypto market, everything would be in the red right now. We'd be tanking and there'd be zero pivot. There wouldn't be anything positive. There'd be more power grabs and it wouldn't be about this. This is, this has been such an epic adjustment. But we knew it was coming Chip, you and I called it. We knew it was coming. November 5th was the mat was the major pivot and it was all about this. This is the growth, this is the freedom that people want and it crosses all, all spectrums.
Chip
Kept seeing landslide. People are like oh yeah this. And I'm trying to go back and find all the posts and they're like oh you're going to come to regret this. You're going to be wrong. I'm going to come back and prove you wrong. Well, good luck. That's all I can tell you. Good luck on that.
Jeff
Jim D. What changed? Gensler saying he will resign and also XRP acting like the coins by crashing the ledger to show they're in the same club after all. Let's not forget about that. That's right. They' was a crash on the ledger. There were some issues with the Z wallet. There were, you know, definitely so. But you know it's crazy if you think back to all the big surges in the crypto space do you remember when Coinbase froze up and Coinbase got a lot of hate because people couldn't sell uphold had issues. All the exchanges that I remember Bitru, all, all the exchanges had issues during the massive bull run when people were trying to sell. Do you remember those days?
Chip
I do, yeah. Here's One here from ConCon says, I was just watching this woman explain why people sell. No discipline to wait. People just want instant gratification like me. I listen to her, I'm not selling. So there you have it.
Jeff
It's really tough, you know, I mean you look at it, you reach out and you want to hear from other people. And when you hear like FOMO, you hear the positivity, you hear them say XRP to $5, XRP to $10. And then you want to gravitate. So what do they know different then I might know, you know, what are they saying? Or you know, you hear the opposite side of it. Well, you know, it's though they're fighting the market and what do they know different that's going to drive the market down? What is that little, little glimpse of something, you know, so I know when to buy or I know when to sell. And. And it's tough, you know, even the guys that are reading the charts don't get it right 100 of the time.
Chip
Travis says it wasn't a crash, it was a temporary fault. I've heard all kinds of things about the whole. Right. I was just, it was weird. I just started calling XRP Solana 2.0. I don't know, because it halted in 2022. There was another halt, but nothing was lost. Everything caught up. It wasn't like it, you know, totally went down or whatever, but you know, it's probably a lot of the activity, but it's been up 99, 9, 99.98 or something like that, which is, man.
Jeff
Mr. Steve brings up some other projects. There's a lot of good projects that are coming up right now.
Chip
Yeah, I mean one of them I can tell you right now is this one right here. Let me find that here.
Jeff
This is where it's going. But the projects themselves looked at, who's.
Chip
The, who's the CEO over there at Flare said if you like xrp, doge, Bitcoin or other low latency decentralized data, you will love Flare. And I think Flare is going to be one of those projects that just keeps rolling along. And I've said this before, that Hugo has done the right thing with not rushing stuff, being very cautious about doing the work, putting the work in, not trying to rush something to market, really getting it right. And I think the Flare will be one of those projects that takes off connect everything.
Jeff
It's a blockchain for data providing developers with secure Decentralized access to high integrity data from other chains and the Internet. This, it's all about interoperability Chip. And you know, as we're looking at this interoperability and you know, to your point, why, why is that so critical? It's be mainly because without interoperability I, I don't see how things progress and, and we make progress. But not, it's not just Hugo talking about interoperability, you know, else is talking about interoperability. Oh yeah, Swift, Swift is talking about interoperability. And this is coming from Swift. Look at this. Moving forward, we will continue to work closely with the financial community to advance use cases across CBDCs and tokenized assets so the value can seamlessly move across borders in whatever form it takes. And that's coming from Swift. They're all about the cross borders because they know just like everyone in this space has been talking for so long about the benefit. That's why Ripple tried moving into the space space. That's why everyone was so hyper focused on crypto for payment. Even though there's so many more use cases beyond just the payment and moving money, there's a lot more than that. But this is the market market projected to reach $290 trillion by 2030. Those are big numbers. And you know, Swift has been the dominant player in that space for a long time and so is there enough space for everybody? That's the question.
Chip
But he says ain't nobody gonna tell me not to take profits at $2 if I paid $0.19 and it 11x. I'm taking some profits all the way up and down, never trading All I know a guy that did that, guy that bought bitcoin right around 200 change, bought a good number of it and then sold it at 800 because you know, Forex was pretty solid. And who knew that that people were saying it could go to zero at that time there was no digital asset that hit 800 bucks and I sold it at 800 and change. Now what I could I go back and do a mulligan on that one? Oh yeah, sure. I would love to. I mean should I sold it all? Probably not. But again the sentiment back then was, you know, hey, we don't know the digital assets could go under. It could be, you know, SEC could get involved. Like you just didn't know. There's so much uncertainty, so much FUD going on around there. I, I, so it was a dumb move. So I don't listen everybody. It's your asset, you purchased it. You do what you Want. That's it. Strategy. So there's nothing wrong with taking profits, man. Last time it went up to almost like a $98 or something like that. And David Schwartz come in, and David Schwartz said, David Schwartz said you might want to think about taking profits. They're like, no way, man. I'm writing it up and all of a sudden turn a switch off. So there you go.
Jeff
I mean, here's another one. I sold Doge when it hit 17 cents the first time, and I, and I bought it in the small decimal points and, you know, now I had, you know, run it up to where it's at today. You know, you'd think, hey, you know, it could have doubled. You know, is it going to go higher? You know, you, you just never know. You take your profits and you move on, you know, and then you figure out, hey, if it's good for you, it's good for you. You know, you don't have to follow the trend if you want to risk it all and just keep riding the market and let it go. You know, look at, Think about, you know, there's different strategies. Everyone has their risk tolerance. Everyone has their. When they want to take their, their money back out of the market. I mean, that's, it's an individual situation. You look at like a Warren Buffett. He was a buy and buy and hold kind of guy. You know, I don't think that guy sold much in those beginning years. That was his strategy. Just bought and held, bought and held, bought now. So, you know, I don't know. I have no idea. You know, not everything's gonna. Gonna boom. And then, you know, it's a, it's an interesting, it's an interesting dynamic when we get into investing and trying to figure out, you know, all these different variables here. Chip ETH at 500.
Chip
There you go. There you go.
Jeff
It was down around 250 or whatever, that. Right.
Chip
I went up to 4, 4, 6, 4, 600.
Jeff
And Chad has another straight. Look at that. Sell 15 and the rest is house money. That's another good one. You know, I mean, you think about, hey, you have these big gains. Take your original money out and let it, Let it ride. You know, you're still, you're rolling the gains, and that's good, too. You can take money out and you can invest it in something else.
Chip
Right on. Type in yeti.
Jeff
I like that.
Chip
Everybody, we're collecting right now, what does YETI look like? Y E T I is what it looks like.
Jeff
I've been yeti. We're Gonna be doing a drawing. So it's coming up here is like a little bit. We might even, if we have time, maybe we can give out a second one. But for right now, we got the badass YETI right there. Look at that brute type in Yeti just like it says right there. Yeti.
Chip
Very good, man. Very good. Very good. Very awesome. Well, here we go. Look at this moon Lambo. Suddenly everyone thinks XRP makes sense. Oh, okay. I welcome. I guess so. That's so funny because there's a new XRP influencer, like every other day in my feed that's coming up. I've never seen these people in my life, but they're like. And you're going to see that as it starts going up. Because I noticed Bitboy also was back on the XRP train with the video yesterday. Hit my stream. So it's like, oh, it does pop up. XRP is going to be the one. And now there's all these other people that I've never seen, never heard of. I don't even know what their content's about, but it's all about XRP that you don't know. And you know, it's gonna. It's gonna go to the moon and it's the greatest thing ever. And. Yeah, well, when it's 50 cents, it was like the laughing stock, right? So that's kind of how that works. And then Cobb, I was, you know, he's been, you know, we know what happens when Alex Cobb streams and he put this out. He goes, it's crazy what can happen without live stream. So he's been holding off. He says he's gonna start streaming at $2, and that's not good for anybody because then the price just drops. It's not good.
Jeff
Someone should just take his. His live stream. That's it. Maybe they can de platform him.
Chip
It's not a good thing necessarily. Right? I mean, but yeah, what are you gonna do?
Jeff
Someone's got to talk to the power zippy over at YouTube, be like, hey, Cob, no streaming. That's it.
Chip
Yeah, well, you said $2.99. And then he streams, you buy back in.
Jeff
Yeah, he'll stream and it'll tank back down to like 50 cents.
Chip
Yeah, it's crazy, man. It's absolutely insane.
Jeff
Well, someone find a buck 85 right now.
Chip
Said, someone find Alex Cobb. Lock him in a cage to the end of the bull run.
Jeff
Right.
Chip
To the end of the bull.
Jeff
Run to the end. Here we go. We need some merch. Don't stream Cob.
Chip
Yeah, well, someone made this funny video I blocked.
Jeff
Sir. Here you go.
Chip
What happened? Here we go.
Jeff
Got a video. Yeah, bring it up.
Chip
Here it is. Let's put it. Let's post it. Let me stop sharing this thing. Let's throw it up there. This is funny. I don't know someone. I don't know who did this, but this is great. Hey, it's like from Tubal Markets about ago.
Jeff
Do you own srp? Do you buy xrp? And you're wondering, am I doing the right thing? Well, I'm telling you. No, you're not. You need to get rid of this thing. Here's why. Right. You can see that the chart here. During the bull run rate, we ran up just a little bit into Mars.
Chip
Don't miss the bull market. Cause you're in a narrative of false. I just feel like you're being done a disservice by being in a culture. We're in the job to make money, not to be a cult. Cults don't make money except for the leaders.
Jeff
You might be right. You might love it forever.
Chip
Just please move to whatever the strong momentum is. I know there's that fear in your head is this time it will be the big one.
Jeff
The big one.
Chip
Yikes. This. Listen, let's not. It's not. We're. We're. Once we hit five, ten dollars, we can get a little more cocky, but at this point, can I go back down to 50 cents?
Jeff
You know, so 50 cents would be maybe not all depends. You got to sell at the high, buy at the low.
Chip
Yeah, that's not be all. Can't even start getting too cocky. But yeah, there's a lot of people that just were not fans. Let's put it that if I could say that they were not. Because, yeah, Rob Paul originally came out and said, yeah, I mean, you know, this is great. And then he came out and said, you're in a cult. I'm like, it's not a cult. I mean, like, that's like that in itself. Calling it a cult is really awkward, don't you think?
Jeff
A little bit awkward. I mean, if anything, then crypto space is a cult in general. What about bitcoin? All the bitcoin maxis, right?
Chip
It's got what they're not hearing, that there's something superior to it. It's like that. That you're back to the whole maxi conversation again. Like, well, if you don't like it, then you're back to it, man.
Jeff
Kind of a cult, I guess it kind of is Maybe a little bit of a cult.
Chip
Well, cults, you know, that's when they say, like, hey, give him your bank number so you can forward money. That's like, you know, that's a little bit different. Like you're supporting the cult leader. It's a little bit different.
Jeff
Maybe crypto. Crypto, the cult of personality. That's what I always think. That's what I call the personality.
Chip
That's. That might be a little bit more of what. What might be behind that potentially. I'm not just.
Jeff
I love these comments called the Jason.
Chip
Members pro XRP cult member. Well, where we'll make sure it's when it hits $10. It's a proud XRP cult members.
Jeff
Now, Travis, look at that right there. Knowing what you hold. That's not a cult. Understanding the utility and what's coming. That's why we're the 1%. There you go.
Chip
So we can keep believing that. Because that's the cult leader. Says the cult leader.
Jeff
Travis told us that. I'm following Travis.
Chip
Yeah. Whatever we have to do, man.
Jeff
What you got over there? What do you got? We had all sorts of interesting things.
Chip
I wanted to put with this video.
Jeff
On the stable coin. We got Monica Long got all sorts of good things to get into. We got the choke point. What two point.
Chip
I want to kind of kick it off because Mark Andre was on Rogan.
C
The AI thing was very alarming. We had. We had meetings this spring that were the most alarming meetings I've ever been in where they were taking us through their plans. And it.
Chip
So he's talking about meeting with the Biden administration this past spring and they were kind of taking them through plans. So let's just back it up a little bit.
C
The AI thing was very alarming. We had. We had meetings this spring that were the most alarming meetings I've ever been in where they were taking us through their plans. And it was like, what kind of.
Jeff
Can you talk about it?
C
Basically just full government. Full government control, like this sort of thing. There will be a small number of large companies that will be completely regulated and controlled by the government. They told us. They told us. They just said, don't even start. Don't even start startups. Like, don't even bother. Like, there's just no way. There's no way that they can succeed. There's no way that we're going to permit that to happen.
Chip
Wow.
C
Yeah. They said this is already over. It's going to be two or three companies and we're just going to. We're going to, we're going to control them. And that's that. Like this is already finished.
Jeff
Oh, my God.
Chip
Now when you leave a meeting like that, what do you do?
C
You go endorse Donald Trump.
Jeff
Right? Oh, yeah, he knows, he knows, he knows. He knows exactly.
Chip
That's exactly what you do. So.
Jeff
And then this is what you get when you get Trump in office, by the way. It's like boom, boom, boom. Look at that. Keep going about buck 85.
Chip
And Jesse Powell talked about, we started talking about people getting unbanked and all that. Jesse Powell started saying we had no US Banking for several years. While one US Company enjoyed a monopoly secured by its heavyweight investors, that Singular bank was recently assassinated. We barely made it focusing on Europe. And then Kraken had too many stories of clients and employees losing US banking. He talked about this previously. PayPal locked up all the money I had for six months. Almost lost my business, my apartment. Bank of America killed Kraken's payroll account on 30 days notice. Chase killed it on a five day notice by mail which arrived after the account was closed. Found out when the employee checks bounce. Nice, right? Operation choke point 2.0 has been full effect for the past four years. Now this is what we brought it down to. If Harris, Kamala Harris, who couldn't string together a sentence, you know, couldn't explain one policy, the policies were weak. But if she could have said, hey, you know what? I'm going to show you that I'm serious about crypto. I'm calling for Gary Gensler's resignation right now, here and now. And we're going to put an end to choke point 2.0. No, nothing. It was always the, the lefty moon boys were like, she's gonna pivot. The bankless guys were, were on, were on. Basically they were at the, almost at the precipice. They were at the cliff. They were almost over the cliff. They were, it was like, you know, suicide watch because they just couldn't understand why, where's the pivot? Why isn't she pivoting? Because they're both kind of like lefties, but they, they never really woke up and saw the light. They just kind of here and there and I like the bankless guy. I like the interviews they do. They're, they're good dudes, but they just couldn't come to, they couldn't come to the, the precipice and actually enter an arena where they said, hey, this no longer makes sense.
Jeff
That's right.
Chip
Yeah, yeah, they'll laugh and that's because.
Jeff
The, they just, they can't, they can't interpret, they don't, they can't analyze, they, they don't see the bigger picture, right? They just, they gravitate for whatever reason, they blindly follow the cult leader in the, on the leftist because the, the left is socialism, fascism, however you want to, you know, phrase it, communism, you know, it all kind of, it's all about kind of the, you know, just, you know, follow. You kind of have this mind hive type of mentality. You're just going to follow the herd no matter what and you're going to believe them and you're going to keep going down. This is where the uniparty had corrupted our political infrastructure. And you're still seeing remnants of the uniparty out there as even some that claim to be Republicans are trying to block what people voted for. People voted to get rid of this, you know, this rot within government. And yet you still have a few Republicans out there that are going to try to block Trump. But this whole point is that, you know, you have this initiative of, of corruptive behavior. And for some reason even like Chris Larson, I still, you know, maybe they're trying, they were playing the field because we kind of see Brad Garlinghouse has come out very, very vocal on what had had been before and you know, how, how, what a stranglehold the left was placing on their growth and development and now the forecasting forward how amazing things should be with this turning point. But yet then you had Chris Larson on the other side funding Kamala and maybe his funding. Maybe the purpose of that was try to get kind of lobby and try to get them to flip and turn, but they're gladly taking the money. And what, what do we see from that, from that campaign? They supposedly had over a billion dollars and they spent it all. They're in debt. So if they can't even manage their campaign funds properly, how are they going to manage everything else? And what are we seeing from this administration that's going to resonate across the country or across the world? And that's all about getting rid of taxes, improving the economy, putting money back into the hands of the people, creating transparency. And then what is crypto, what was, you know, what is the base concept is going to be power into the hands of the people. And as Jesse Powell is talking about this unbanking. So you have unbanked, right, this whole concept that there's people around the world and it's a pretty big number of people that don't even have access to banking. But then if you debank people, you can say it. It's. It's a magnitude worse because you already know that they've already oppressed groups of people where it's difficult for them to get to banking. Now, if you're purposely debanking people and you're preventing them from running their business, you're preventing them from gaining access to the system. Now you see it very clearly, and you could say, okay, maybe these people were unbanked because they're not able to. They're not working, they're not able to produce, they're living in poverty. But then you realize, well, the government policy is what kept them in poverty. Begin with. But then you very clearly see it when you come into a developed economy and you see the government purposely coming after and manipulating the banking infrastructure to debank and then through their authoritarian means to then control the outcome. And that's exactly what we're witnessing. And then if you think about where the cryptocurrency, blockchain, decentralized finance, the importance of it is to help bring transparency. Now, if you can go beyond just moving the money and see where it all fits in and fits into place, then it starts really becoming more rational and you start seeing where all the amazing things can come from. And we're witnessing firsthand as the Doge, not the doge cryptocurrency, but Ramaswamy and Elon Musk coming to dismantle the years, decades beyond, of bureaucracy that has buried its roots so deep, its tentacles, you know, into the U. S. Population, to the people, but it's everywhere. And I saw Chip just a minute ago, Matt LaRoche was saying he was talking about Australia too. Here you go. Same government and banking choke point towards crypto happened in Australia. It's not just in the U.S. it's not just Australia. It's in many parts of the world. What do you think of that, Chip?
Chip
Oh, yeah. I mean, this is. It's universal, man. It's like, this is why. This is why this podcast we do resonates really well because the geopolitics, the names change, but the intent is the same. And a lot of these people that were installed, not elected, the people, against the choices of the people. Like, we see this time and time again. You have these folks that are like, look what's happening. Like, look at the blowback we've seen with Keir Starmer, right? This guy is a complete ass hat. Right? And you voted a leftist org in. And what did you think was going to happen. Jeff, just please tell me, what did you think was going to happen? Right? I mean, you, you, you, you let some ass hat in. And the problem with the Tories were they're what we call Democrats here, right? And, and the, and the, the Labor Party is like the ultra leftists and they're like, we hate the Tories so much, we're putting leftists in. Great job, Great Britain. Proud of you guys. Because now you're going through your pain and suffering that we went through with Joe Biden and a lot of other countries are going. Because I'm seeing stuff over in, in Eastern Europe too. They're like, what? Leaders out. They're like, get out of here. We're tired of you guys. Like, you screwed up. The people want the same thing. It doesn't matter. Language, culture, borders, it's the same. They want to, they want to live their lives, they want to be left alone. They want the government to get out of their way. They want the government to just do the basic stuff, take care of the roads, keep care of the defense, the big picture stuff, but let the people do what they want to do. And this is where, this is why the message resonates. And that's why we saw this, this election and somebody had said, here's all of the landslides in history. And Trump was like one, he was like one above the, the, the littlest margin. I'm like, you lost the House, you lost the Senate, you lost the presidency, you lost the power, the, the popular vote. I call that an ass kicking in my book. Okay. Because what do we hear from the media? Oh, she's up by 10 points, 20 points, 11 points. And then what did we see? We saw Kamala Harris's campaign director on TV saying she was always down in the polls. This is how I do. I saw some internal polls. Window some internal polls. They were horrific. They were horrific. They knew that, they knew that she was always from behind. But the complicit media was in there telling you, you didn't know. They were trying to get Trump supporters not to show up. Oh, she's up by six points. We don't see that gap closing. There's no way Trump wins this state. You know, trying to discourage people. And people are like, I don't care, man. I'm voting. I'm voting. This is why when they said too big to rig, they couldn't, they couldn't rig it because it was just, it was too much, Jeff.
Jeff
That's right. It was too much. And hey, just, I'm Gonna put this comment up now. Let's take a break. We gotta get people type in yeti. Why do you want to type in yeti? Because you want to win this badass brute right there. Type in yeti. And we're going to do a quick drawing here. We're going to take like a drawing intermission to get this fired up. Why? Because that's a brute and it's badass. Because it's a badass yeti from the white tribe. So you guys are gonna want that guy. I love that guy. I love the brutes. The brutes are kick ass.
Chip
Chad's making some sense. Hey, England. Perhaps strange women lying in ponds distributing swords is a better basis for a system of government. There you go.
Jeff
All right, we got the yetis typed in.
Chip
Let's.
Jeff
Let's do this thing. Let's get this thing rolling out here. Let's get it ready. Yeti. Come on, Yetis. Type in the yeti. Not. Let's get yeti. If you haven't typed yeti yet, get ready and type yeti. There we go. Got a whole bunch of yetis and we're gonna do a drawing here in two seconds. Why? Because it's kick ass. Look at all these yetis. Got a whole bunch of people typing in yeti. We're gonna give away this beautiful NFT right there. Look at that guy. There you go, Brute.
Chip
There's a brute.
Jeff
Ready? Ready to do it?
Chip
This is. This is not. This is the media now. This is why they lost 56, 55 of their. MSNBC is up for sale. Rogan's talking about buying it, right? So Calvin Coolidge in 1924 won by 25. And you go into. Nixon was 23 and Reagan, it's 18, and you go all the way down here and, oh, Trump won by 1.7%. You know, Kennedy, Nixon won in 68 by 0.7, Kennedy by 0.2. That's how tight it was. Bush minus 5, Trump minus 2.1%. Then you got to see. Well, that sounds a little bit sus right there. Be honest with you. You got your ass kicked, bro. Look at. Because the fake polls had her up, right? We're like, she's going to win. Kamala struggled to form a coherent sentences. Yes. He was predicted to win big. Come on, people. We were being gaslit so much, it was getting uncomfortable, I think even for the people in the media. Like, they're like, at some point, dude, it's like, you know when you know someone's lying and it's Just, like, they're trying not to, like, show it, but you're like, come on, dude. It's not even believable at this point.
Jeff
That's right.
Chip
And gosh, winning since that day.
Jeff
Chip, how many yetis do we have? Let's do this drawing. How many do we have in?
Chip
I don't know.
Jeff
Let's roll the drawing real quick, and then we can continue with the show.
Chip
I have to find the 27 entries. I like the sound of that.
Jeff
All right, 27. All right, last chance to throw in the yeti, because we're going to do a quick drawing, and then we're going to move on with the show because yeti. Type in yeti, and we're gonna roll this, see if we can get to. All right, what we got? Put it up.
Chip
Here we go already. Here we go.
Jeff
Last chance.
Chip
Okay, 27. 29. Come on, give me another second.
Jeff
One more. Someone throw in. If you haven't typed in yeti, do some yeti one.
Chip
So if you typed it in, it won't take it, but can we get that to 30 people in this entry? Can we? Can we? Let's go.
Jeff
Okay, Here we go. 29 is a good number.
Chip
That's it. Ready? 3, 2, 1. Oh, 31. There we go.
Jeff
31. There we go.
Chip
There's a little delay in our. In our thing.
Jeff
There's a bit of a delay. That's right.
Chip
One draw.
Jeff
Hit it.
Chip
Go. Let's see who it's gonna be. Tick, tick, tick, tick, tick, tick, tick. Look at all those 29 folks in there. It's coming down to it. Who's gonna do it?
Jeff
Boom.
Chip
Donnie wins. Oh, no. Visual.
Jeff
Visual vendetta. There you go. Throw in your Zaman wallet address into the. Into the chat, and we'll get your badass yeti over to you.
Chip
Yeah, throw it in the chat.
Jeff
That was awesome.
Chip
Give us a message that you're here, and just say, I'm here. I'm getting my. I'm getting my wallet. So we know. Otherwise, we will choose another person because you have to be present.
Jeff
We might even get another one rolling out in a little bit, so. All right, visual Vendetta wins. Number 270. Cool.
Chip
This is the one from the plane. It shows him on the set of msnbc.
Jeff
Funny memes on.
Chip
The writers are so much better. Everything's funny. And on the left, there's just hate and anger, and that's going on. Right.
Jeff
You're getting a little. Yeah, a little bit of artifact furious or something. Artifacts of interference. Something. Visual vendetta. Where you at? Come on. Visual vendetta. If you're out there, you just want a badass yeti. We need to just throw your Zaman wallet address in there. We're gonna have to do that. We're gonna have to do a yeti coffee giveaway at some point here as well, but. All right, Chip, what is next on the. Do we go? We were. We started talking about the choke point 2.0, but we didn't really get into choke point 2.0.
Chip
All right, we can do that.
Jeff
I got some get into that choke point.
Chip
Let's see. Well, I read a couple things. Hang on, where is it here? Is it right here? Here we go. David Schwartz put out this post here. Operation choke point 2.0 was is a government operation to pressure banks to unbank disfavored people and businesses despite no evidence or accusations of un lawful conduct. The mechanism used, indirect regulation is a despicable evil that's used as an end run round to the due process and should be discarded in the dustbin of history. It should be, but that's how leftists roll. So that it'll only happen under a, you know, the next administration. Indirect regulation is when the government makes one party liable for the criminal actions of another party despite neither actual knowledge nor willful blindness to the facts that make the action criminal. In effect, it's an affirmative obligation one sum to make sure that their perfectly lawful actions don't, without their knowledge, facilitate the unlawful actions of others. It's a terrible idea for a list of reasons and here's just a few. Number one, if my bank thinks there's some chance I might launder money to terrorists and they close my account, I'll just open an account of some other bank that doesn't think that or use less traceable means. The opportunity to surveil my transactions and prosecute me for money laundering or facilitating terrorism is lost. Number two, if the government wants to punish me for a crime, it has to charge me with the crime, let me confront its witnesses against me and present a defense of in front of a neutral judge. Good luck there. If the government convinces others that I might be doing something wrong, then I'll be held and liable. If I am and I get new due process at all and often. Number three, what makes others think that we might be engaged in crimes is speech. That might is fully protected by the First Amendment and for which the government may not punish us. Indirect regulation allows the government to punish us indirectly through loss of vital business relationship. For speech that's Constitutionally prohibited from punishing us. Number four, it's also an end around the fourth Amendment. When we disclose information to others voluntarily, we lose fourth Amendment protections for that information. If the government uses law to compel others to demand that information from us, they can and do later claim that we voluntarily disclose it to a third party and thus have no reasonable privacy interest in it. This is Orwellian nonsense. Our government has become addicted to indirect regulation precisely because of these evils. It is cheaper and easier to pressure someone else to punish me than charge me with a crime and give me due process. But the government ought not to punish people without giving them due process. It's easy to pressure banks to cut off disfavored businesses, then make that business illegal. But if the government wants to stop some commercial activity, it should go through the proper lawmaking process with full political accountability to prohibit it but not use a backdoor secret pressure to drive it underground. End all indirect regulation. One last thing. I don't think we should do witch hunts to try to punish past incidents or indirect regulation even though there's evidence of bad intent. I wish there were a legal precedent to show these end rounds and the first and fourth Amendment were unlawful, but there isn't. That's why we need to do something about it. Getting obsessed with the past will lead to a lot of expensive and complex legal battles and won't fix anything in the future. Let's change the future for the best.
Jeff
That's it. It's time to do it.
Chip
Time to do it.
Jeff
Time. It's time to protect the people once again. And I think that's the biggest lesson of all of this is that people have become way too complacent over way too long of a time to where they just accepted kind of the way things are at. What we're seeing is this is the first time that the people have a voice back in Washington and it's just beginning. And you know, then they're taking, they're taking the pain back to the people that have really caused all of this to begin with. And there's many of these three letter agencies that have caused just countless amounts of people of suffering. You know, with, with people on all sorts of different levels, whether it's financially related or health related, etc, you know, it's just been very, you know, and this is, this is the awakening chip. This is all part of it right here.
Chip
Can you check and see if Visual Vendetta on YouTube.
Jeff
Visual Vendetta has not, has not chimed in. So I think that visual vendetta is missing in action. So we're gonna have to hit the roll again because we want to give it away during the shows. You're gonna have to pull it up and hit the, hit the roll again a second.
Chip
I want to just talk about this. Morgan Driesen, the guy we were just watching on Rogan, said the President's wife and son were debanked. This is crazy. So President Trump, you know, Melanian and his son were debanked. This is, you know, I don't like you. My feelings are hurt. We're going to do nasty things to you. Everything the left says that accuses the right of, believe me, they're already doing it right now. It's in full effect. So said no to that.
Jeff
And there you go, Chip right over in Australia, been following this very closely. Unfortunately, people in Australia have kind of allowed some very bad things to happen over there, similar to what we're seeing over in the UK as well. But Caroline brings up a good point in that, that not only did the bill pass, but now it's actually being enacted and that's to ban anyone from under 16 to have any type of social media presence. And it, and she's right, it doesn't have anything to do with protecting kids because, you know, you can stay vigilant. There are definitely things that pop up that are difficult, you know, for kids to, to see. And you know, some of the things that, you know, my son had brought me, you know, in terms of like, you know, direct videos from, from combat and, you know, people being killed in combat and things like that, you know, but okay, you know, they're, they're seeing things like, I'm not going to block them or as a parent, I can make a decision whether or not I want it on their phone or not. I don't want the government dictating anything. And you know, especially since the media is corrupted by the government and we know it's a left wing propaganda for the most part, they're, they're removing and manipulating outcome. And so social media had been in that same boat with X. You know what, one of the things that we saw is that we saw liberation of information. And obviously a government like that, that's super oppressive over in Australia. They don't want kids under 16 to have access to true information. They want to continue manipulating them through the misinformation they push through their schools and you know, to the, to this point. And this is, this is super problematic, right? I mean, here you have, we don't want the government to parent the kids. That's exactly right. This is what always happens. They need to take a step backwards and we need to allow the parents to parent and you know, stop the nonsense. Just what is it? You know, just, just focus on the basics. Reading, writing, arithmetic, science. Teach the kids history. Teach the kid, you know, go through the books and you know, enough, enough of the.
Chip
They don't teach history, they don't know history. It's like teaching. They call it social studies here or whatever.
Jeff
Social studies, I never understood that terminology.
Chip
How about, how about calling it history? How about teaching history? How about teaching the Constitution? How about teaching how it's showing kids how things repeat and make it interesting too. I mean history is fascinating, but you have to make sure that, you know, I mean, you, it, it's not a boring subject. I mean you see a lot of things repeat over and over as you go back to human nature and people come, you know, you can see a lot of this stuff. But I think that it's important to like for example, one of the things that they're talking about DOGE Department of Government Efficiency, getting rid of is the Department of Education. Since it was enacted like late 79, I think it was, or 80, don't quote me on it. But our education has gone down ever since. And this is what happens when you have centralized control, right? When you allow the states, the state should be deciding. If you live in California, you're going to be trained a leftist, okay? If you're living in Florida, you're going to be, you're going to get a more well rounded sort of a. And you should be behind the books because even the books you choose from, they all have a leftist slant, right? And they leave out important things. And it's, it's a non stop, you know, sort of a, of a, of a, of a be just a beat down non stop with this, trying to, trying to indoctrinate kids. And it was funny because I went out to, went out to a customer, you know, with a partner lunch here and recently and it was so funny. I said like, you know, talking about kids and about college, you know. He goes, well, not so. And this is kind of what tipped it off. I don't know his politics. He goes, I don't really know that college is the answer these days. Seems like just the place to get indoctrinated. And I knew exactly where he was. I was like, okay, well here we are. He goes, I don't want to get anything political. I go, please do. I mean it sounds like we're on the same team. You know, it sounds like we're. Because I share that same sentiment. Right? So you're not going to go off to get indoctrinated. Why would you even allow somebody who's going to invest four years of just studying whatever for something you can't, isn't even worth anything in life. You can't do anything with it, right? These social science, you know, majors that are. I'm going to be this, that there's nothing, there's no job waiting for you, you know, study something that you can actually go out there and be productive in the world and, and do something. And that's why there were. Somebody had written, I think it was a Wall Street Journal had done a whole piece on the trade schools and showing the people that own these businesses, plumbing businesses, car businesses, you know, repair shops, they were all. They, they were, they came up through the, you know, the trade schools and here they are. They're doing great, right? They. So higher education. All we put around at the Harvard, you know, the Yales of the world that we think that these so called prestigious universities are just indoctrination setters. I mean you had, you had these universities basically. I mean could you get any more anti Semitic on. On the campus and this being endorsed and not being put down by. By the universities. And I think that was probably one of the things that swayed a lot of the people who were going. And how are the, how are the Democrats getting behind this? Like this is insanity, right? It's like it's so ingrained in your, in your ideology that you got to say we have to support this. No, man, it's not the answer. I think that was one of the things that turned Bill Ackman around too. And he's also going to be joining the government of doge. He's. There's a lot of people that are signing on business people. They just have. The new guy that was, he was a Trump donor, big Trump donor, but a very successful businessman. He signed on for the Department of. It was the Secretary of the Navy. And the left is an outrage. They're like how the hell could this guy. He's never held a. He's never been at the Naval Academy. He's never been a naval officer. He has never been in the Navy, period. Why is he doing it? Well, because this particular role has to do with running efficiency. It has to do with running in a business and they have in the last 50 years this organism. The Navy has never delivered a new. There's I Forgot how many people they have thousands of people that are supposed to build these ships. They haven't built one in years. So all these people on a payroll, they're not doing anything. We never delivered a new combat ship or boat on time. So you need a business guy to go in there and say, hey, we're going to run this like a business. We're going to cut the slack where it doesn't, it doesn't mean anything. And if it's not working, we're getting rid of it. We're going to trim it down and make it work. We're going to start delivering what we said we're going to do. We're going to make sure the officers have what they need. I mean, they don't even have certain equipment like they had to do without because they're spending, you know, $980 on a nail. Right. I mean the, this to me out of anything. I mean, you can say what you want about Trump. This whole bring in people from business, people coming into the government, first time it's ever happened, to start running the business. That's why I always thought so. That's why I always thought Ross Perot would be great, Jeff, back in the day, because I'm like, that's the first time we saw a business guy throw his hat in the ring. Not somebody who's lift off the, you know, the, the teat of the people, you know, goes to Congress and then becomes a multi millionaire. No, somebody who ran a business, you know, and then Trump was the next guy that came in and run it like a business. Never been president before. Yeah, but great. He showed you that. And watch what he's going to do. We saw Mexico saying, oh, you want to put a 25% tariff on us? Because he said if you don't stop the flow of fentanyl, which is killing kids and I mean the fentanyl deaths here in the US are insane. So you don't stop the flow of fentanyl and you don't control your border with legos coming across 25 tariff. We'll take it down once you, once you come snap in. He also did the same with, with Canada. And you know, something funny happened, Jeff. The, the president of Mexico, she got up there and talking a big game. We're gonna. Well after one phone call, one phone call and one post on truth, that's all it took, just one phone call with her and she said, yeah, it's pretty much. And they asked her what happened. He goes, it's pretty much The Post, he put up untruth. That was pretty much what happened. Because the mainstream media was trying to tell you something else happened. And she's like, yeah, we're going to support it. We're going to get it in line. Staying live till $2. We're gonna get in line. So this is what this is. And. And people will be thinking themselves, whoa, how did this happen? Like, why weren't we doing this before? So, because it was part of the plan. This is what they. They didn't want to close the border because they wanted the influx. Right. They wanted this to happen. It's not. It was by design. That's why. Because there was no intention of closing it. But I like 184. Is that the latest, Jeff?
Jeff
It's the latest.
Chip
It's the latest. So let's do another one drawing here. I'm gonna.
Jeff
Here we go. Gotta draw it and get it.
Chip
Let's go.
Jeff
Let's roll it.
Chip
Boom, boom, boom, boom. Who's it gonna be? Who's it gonna be? Susanna?
Jeff
Susanna, if you're still here, you gotta acknowledge that you're still here. Give a quick, you're here. Just say, I'm here. Susanna, just say I'm here because you're gonna win a yeti. But you got to say, hey, I'm here so that we can give it away. Because if we wait now. No, give it away now.
Chip
Give it away. Give it away. Give it away now. We're gonna get. We're gonna.
Jeff
Because I said Susanna's here. Awesome. So, Susanna, throw in your Zaman wallet address. Hopefully you have a Zaman wallet. Throw in the Zaman wallet address into the chat so that way we can grab that, we can send the yeti over to you. Let's send this beautiful NFT your way. So Susanna is here.
Chip
Great, I'm glad to hear that. Congratulations.
Jeff
That in there and then we can get it over to you asap. Right away.
Chip
You know, we've been being gaslit for a long time. This is a video flashback expert consensus from 1978. Let's listen to this. Tell me if you hear the audio.
Jeff
All right.
Chip
You hear audio?
Jeff
Yep.
Chip
Climate experts believe the next ice age is on its way. According to recent.
Jeff
It doesn't have one.
Chip
Come sooner than anyone had expected. And weather stations in the far north, temperatures have been dropping for 30 years. Seacoast long free of summer ice are now blocked year round. According to some climatologists, within a lifetime we might be living in the next ice age. What do you think about that? Jeff.
Jeff
It'S, it's, I love, you know, it's always the scientists, you know, the scientists are, you know, also, you know, it's, it's just funny.
Chip
Well, this is 46 years ago, right? So the next ice age was coming. It was coming. If we don't.
Jeff
All sorts of news and we're all doing the point. Yeah, exactly. The point with all this is the, is this level of misinformation that is penetrating into society and that's, you know. Yes, there's a lot of great things going on within the XRP space right now, but when we start, you got to look backwards a little, look at all these influence points that are trying to disrupt your, your, your freedom, essentially. And so you're. We're being hit from every single direction. And that's where, you know, we see the whole DEI nonsense. It's kind of moved things in the wrong direction. You see this whole idea, this notion of climate change. The climate's been changing for over a billion years plus since the world has existed. And it's going to keep changing, it's going to keep adjusting. We're just scratching the surface on what we understand about the world. Now they're saying there's a whole other ocean underneath the crust, you know, and so there's so much that is just unrealized in terms of the functionality of how things flow. And, you know, so if we even try to hint at guessing what is actually happening, you can see the scientists are way off. And you have one group of scientists believe this, another group that believes that. And if the lessons that we've witnessed over the past couple, especially the past four years, as they've tried to manipulate and tell us how the economy actually works, and we know that it operates completely different from what they've been telling us in terms of the actual impact. When they said, what was it, the recession was just transitory and they wanted you to sell you a bunch of nonsense. And as they've been oppressing and suppressing and they just want to take as much as they can get out of, out of you, you know, and then now we have a whole administration that's in place. The crypto market is skyrocketing and the whole markets in general, but we're going to see some positivity. But this is, to me, it's everything. We're being hit from every single direction. The narrative and Chip you brought up, like in the school systems at the university level, what are they actually teaching people? Are they teaching them to survive through the rest of their life? Are they just giving them enough information so they can keep lying to them and they can keep taking from them? The one thing, Chip, that. That has resonated so much with me within the cryptocurrency space, and I see the comments that are flowing in here. There's so many different people coming in from so many different parts of the world, and there's multiple opinions, you know, that we're presented with. And I think it's really, really key, you know, to see what we can learn, how far we've advanced. You think back to 2017, 2018. How many people were thinking about the SEC at that time, how many people were thinking about the liberation of money? And from a defi perspective, people were just looking at Bitcoin blowing up to 20,000 without really understanding the full dynamics of what would happen over the course of the following six years. And so that, you have to understand, that's why we look at these other YouTube, you know, and channels, and they're just fanboys. They're just chasing FOMO and fud and that's it. And they don't understand how to analyze anything. You have to look at the whole scope. That's why Chip and I always, we kind of interweave the politics into it. You have to understand the political aspect of everything that's happening. Because if we just looked at the XRP gain at a buck 84, then what's, what's impacting it? Why is the market shifting? Why is the market changing? Do we know what's impacting XRP directly? I don't know. But the market at large is shifting in a positive move because of the election, because of the outcome, because there's positivity on a global scale that we're, we're kind of relieving ourselves of the shackles of socialism. And the past four years has been everything marching us in the direction of socialism, and this is the change. And people are understanding that, and they understand the major shift in the world. World leaders are coming back into check. Trump's not even president yet. But it's symbolic. And you have to understand all these different variables and you have to understand this, you know, like wf the all media is brainwashing. That's all they've been doing. And if you don't understand that part of it, then you're not going to understand the rest of it. That's why we have to talk about it, we have to workshop it, we have to dissect it, we have to look at everybody's Opinions on this. Everybody's learning from each other in the chat, as we're learning as well, because we don't have all the answers, obviously, you know, but as a group, you know, we're able to dissect and workshop things, Chip. And that, that, to me is, you know, the fun part, you know, so.
Chip
Yeah, I agree with that. And that's what, looking at Jim, these right here, his post, he says, just got my new Social Security, 2 1/2% cost of living increased after Medicare Part Part B and D increased, a net $20 reduction. And then one of the things that Trump came on while you had, while you had the Harris campaign gaslighting you and telling you they've been doing this for 50 years, the Republicans want to take away Social Security. They want to stay. They want old people to die. They want to push grandma off a cliff. And while they were talking about all that, funny enough, Trump comes out and says that he doesn't want. Why is. He says, why are these. Why are Social Security checks even taxed? You paid into it. Why are you paying tax again? Right? So that was one of the things he wanted to eliminate. He's like, let's get rid of that. And like that message, like I told people that, I'm like, well, you're on Social Security. I mean, they're going to. You're still paying tax. Well, I don't see the tax. Yeah, it comes out, but you're getting taxed on your check. Like, it's a small thing, but why are you taxing it again? If you paid into the system, why are you getting double taxed? Because that's the way, you know, tax you and then when you die, the death tax and then the capital gains tax. And Trump had loosely talked about bitcoin, saying it doesn't make sense. If you buy the bitcoin, you want to, like, turn it, put it into something you want, you're going to get taxed again when you sell it. Why you already bought it. And he was loosely talking about what sounded like no taxes on crypto, but again, that's piecing stuff together. Piecing it together. 185. Come on, let's go.
Jeff
I think we have to do another drawing. Again, Susanna doesn't have a wallet, so we're gonna do. We could have given away three of these guys, but visual vendetta didn't respond. And fortunately, Susanna doesn't have a wallet. So that means, you know what that means. Since we got to roll the dice again and hopefully, hopefully we get Somebody that has a wallet, people gotta. That is a caveat.
Chip
I accidentally closed that, that there's six entries in there. So type yeti again. We'll come back to it.
Jeff
Type yeti again. We gotta redo, redo, redo. XRP said plumbing saying, time to give away some Yeti coffee. We're gonna have to do that. We'll do that on a, on a future show. Get some people some beautiful yeti coffee as well. But type in the yeti. We gotta roll this. Make sure you have a Zaman wallet, because the Zaman wallet is what connects to the XRP Cafe. So we can actually transfer it over to you.
Chip
Exactly. If you don't, you can just.
Jeff
And Susanna, make sure you download the Zaman wallet and get that set up. So on the next show, we're gonna give away these badass yetis on each show. So make sure you have the Zaman wallet and then show up for the show, for the next show and we'll, you know, go enter the drawing again. So let's get the yetis in there and if you're not following us over here, make sure you subscribe to our channel here you give a thumbs up, you can hit the subscribe, you can hit the notifier, make it a little bit clearer. There you go. Boom. See you subscribe, you can hit that little bell, you know all sorts of cool things.
Chip
And talk about some exciting news that happened this week. Super excited wave of innovation Put this post up. News from the Zao Dao the zodiacal its role as a founding member of the newly launched XRPL foundation incorporated in France. This pioneering initiative driven by Zao Dao, which is for the wave of innovation that was the folks that put on the XRP conference. Now it's going to be that Jeff and I were privileged to co emcee this past March. It's also in partnership with XRPL Commons and XRPL Labs and Ripple as a key player in the effort. Zodao is dedicated to advancing security, decentralization and growth within the XRPL ecosystem. This milestone underscores our commitment to fostering collaboration, transparency and innovation for developers and users alike. Looking ahead to 2025, the XRPL foundation will introduce new committees and exciting membership opportunities. So stay tuned. Together with our partners, we together with our partners, Xiaodao is proud to shape the future of the xrp. I'm reading that comment of the XRPL and here dive into the full story which we can look at but also to Ripple X put this out the New XRPL foundation in collaboration XRP Labs, Ripple, XRPL Commons and Zaodao Wave of Innovation is now officially incorporated. Check out the foundation's new governance and here it is right here, the new evolution for the XRPL Foundation. And there's a lot you can read. I'll throw the, I'll throw the link in there if you guys want to follow it up. It's a little too much to read here, but it's some good background, but you guys can check it out. The purpose, responsibility, areas of focus, the governance and bylaws, all that stuff is here. What are the next steps? Transfer of assets listed an earlier point from the previous entity to the new Foundation. Recruitment of executive director and staff to lead day to day operations. Further building out relevant committees and establishing processes for efficient governance. Completing these steps will be crucial to ensuring a smooth transition from the previous entity and setting up the stage for the new foundation's future success. It's a great move. Jeff, what do you think about this? This is pretty exciting.
Jeff
It is exciting. I love that. Community involvement. It's all about bringing the people together. We got to develop, we got to expand on the xrpl. I like this idea. I think having some sort of, you know, using the technology to develop the technology I think is really key. And so here we go. You know, one of the areas, one of the areas of success that we've seen, you know, you got to build, you got to use. If you're not using the technology, I don't see where the technology goes, you know. So you have to say, hey, we got this amazing technology but we're not doing anything with it. Well, you know, what, what's, what's the point? Because it's going to go away. You can argue that Betamax was better than vhs, but you know what? VHS won the war and nobody used Betamax anymore. Laser discs were kind of cool, but then nobody, you know, the laser disc kind of went away as well, you know, but you have this XRPL amazing technology. But then, you know, people are using Ethereum to continue to build on you say the XRPL though, you can do some amazing things with it. It's faster, it's cheaper. Again, I try to move some asset that was, was connected to an ERC20. I was trying to. $10, that was it. I was trying to get some Sparklet. And so I said, okay, $10 a sparklet. You know how much it was? The, the transaction cost was 20 bucks. So it's going to cost me $30 to get $10 worth of worth of asset. Like what sense does that make? That makes zero sense, you know. But if we have a platform where you're building on the XRPL now all of a sudden, you know, things shift and change a little bit. That, that's the exciting part about that chip.
Chip
Yeah. If you're making the, collecting the fees then it makes a lot of sense. Then it's a lot of fun. But just to get into DAO is it's a decentralized autonomous organization sometimes called autonomous corporation. An organization that manage and hold or part by decentralized computer program with voting and finances handled through a blockchain. General terms dials are member owned communities without centralized leadership. This is why it's huge to have a dao. That means that you have a voice and you're not having some centralized. That's the whole idea of decentralization is you don't have that centralized control anymore. The precise legal status type of business organization unclear. But again it's mainly the DAO which amassed 3.6 million ETH. Ethereum's mining reward was worth more than the US 70 million in May of 2016. It was hacked and drained. Blah, blah, blah. Well, you know what a Dallas. So that's kind of what it is. You were convinced, you convinced them. Good for you.
Jeff
They begged us. He begged us and bribed us.
Chip
Very good, very good. So let's do I do this other other one here.
Jeff
Then we got to do it. Let's roll it again. You have to have a Zaman wallet. Have a Zaman wallet. Have your address ready. Do the drawing. This could have been number three we're giving away. This is still number one. We're struggling on number one, but we'll get it going. Chip is all right. So yeah, I mean it's, it's crazy the stuff that, that we're seeing that's happening right now and we're, we're starting to see it really ramp up. You know we, we look at the. I think this is an awakening P. There's positivity, an awakening of positivity coming through the markets. And as we're starting to see the shift and bringing XRP back up. We have some other videos over there. But you know, to your point Charles. Yes, we see XRP moving forward. You look at all the gains, you're going to have some, some movement up and down through the. But look at, look at this growth. Hang on, I got to share this. This is if we look at on the year growth of XRP year over year, 209% but over the past 30 days XRP making a 264% gain. And here we're seeing over the last 24 hours, last seven days it was 20%. Yesterday for a 24 hour day over day was at 20%. We saw a nice 20 increase on the XRP. Obviously there's a lot of room for XRP to kind of grow and to expand here. And so the question is also going to be, as Heath is succinctly bringing up here, the Ripple USD, what kind of impact could that potentially have on the price point if at all is that even going to, is it going to have an impact? Will not have an impact. Are we going to see zero change? Are we going to see more utility of the xrpl? Does the RLUSD then have some sort of involvement in platforms? They're going to be XRPL based where the XRP is going to be on there as the native asset. But then you have the stable coins, you have more utility of the stablecoin bringing more recognition to the XRPL as potentially being a more viable, valuable platform. Are they going to see growth or are they looking for a replacement? So you have USDT USDC, you have the PayPal stable coin. Now enter in the Ripple stable coin, does it offset or is it in preparation of more utility coming to the space? And one could argue that the RL USD is coming at a time where we're going to start seeing massive incoming into the use of the asset of these assets and then more focus and attention into an XRP L based platform and then potentially the xrp. But do they need the XRP in order to expand? This is going to be, it's an interesting time. It's the same purpose with like Ethereum. You know we saw Ethereum used obviously within the ERC 20s in order to move any of the asset there has to be some ETH involvement. I would, you know. So there you go Chip. Where are we at? 26 let's. You guys got to have your Zaman walls to get that ready and then we have a, a video to show right after that. So let's roll this. Let's go, let's go, let's go see.
Chip
What we got here. Tick, tick, tick, tick, tick. Who do we have? Who's it gonna be? Jim.
Jeff
Jim. Yeah.
Chip
Jim D. Winner, winner, chicken dinner. Jim D. Chime in my man. Chime in, chime in.
Jeff
Jim D. You got to be here to win.
Chip
Just say, just type in I'M here so we know that you're here and then get your Z and wallet. Woohoo. There you go.
Jeff
Throw in your. Well, there it is. That was fast. Boom. He had it ready. He had it copied and paid and getting ready to paste it. That's what we'd like to see.
Chip
Congratulations. I love that.
Jeff
Tomorrow night we'll have another one rolling out. So let me go back and find this beautiful badass yeti over here and we're going to transfer this bad boy over to Jim D. Here we go. It is coming on its way. I'm going to open up the Zaman wallet. This is how quick it is. You go to your Zaman wallet if you can find it and then there's a QR code in order for me to accept the transfer or to accept the fact that we're transferring this over. So we get pull up this, scan the QR code and boom. It grabs it and now it's ready. There you go. And it's on its way. Let me scan my thumb. Thumbprint, thumber print. Let me get my thumbprint in there. And it's gone. There you go. Submitted successfully. That's how fast things are. Using the xrpl. Why? Because the XRP Cafe uses the XRPL now. Could you imagine trying to do that right now on an ETH based platform? I would have had to worry about slippage. I would have had to worry about cost. I would be giving a free NFT just transferring it. It probably would have cost me a hundred bucks right now. Just like that.
Chip
Just like that. All right, we're going to play a video. This is an X Spectre video. This was about a year ago, maybe a little bit longer. But this was something that the X Spector put together. This was the third one in the series and Jeff and I make a cameo. We were fortunate enough to make a cameo in this goes by pretty quick. But we are in that watch to the end.
Jeff
Mad win mod wins. Rigged. Rigged.
Chip
Whoever enters it, we click the button and it's. It's through Stream yard giveaway. Just does it automatically have no way.
Jeff
Tomorrow night we'll have another one. We'll have another one tomorrow night.
Chip
8Pm let's see which one. You know, let's see. You guys can spot us at the end there. Okay, let's do it.
Jeff
All right, let's do it.
Chip
Let's go full screen.
Jeff
Goosens. We've been through so much together my friend.
Chip
But this time I have to go it alone.
Jeff
I'm going after Kruger myself.
Chip
Don't come after me.
Jeff
He's planning something big. I know he is. And I have to be the one to stop him. Goosens.
Chip
End of recording. Goosens, do you want to activate all remaining agents? I'm Agent Goosens. People used to call me the Merciless. I led inspector agents for 30 years. We have put an end to all the wars that have come our way. Although then we were all united. This is no longer the case. Today Kruger is becoming too powerful. And we're all fighting our own battles. What should I do? An agent is using the emergency call. Get the call. Cuts.
Jeff
They captured me, but I broke free. We have to warn everyone. I've seen their plans. It's bigger than we thought. He's got an army behind him.
Chip
Come on. Goosen, do you want to activate all remaining agents? Yes. Activating all the remaining Global agents.
Jeff
Agent Chip, Agent Jeff, ready.
Chip
Checking in. Reporting for duty. Agents RP reporting for duty.
Jeff
What do you need?
Chip
Ready for the mission, guys?
Jeff
Agent Houston versus Agent Relentless.
Chip
How can I help? You must stop Krueger and save Agent 9. No matter what. We must unite again. Agent AR is in.
Jeff
Gambari.
Chip
Mashall, Agents, are you with me? There it is, Jeff. It went by pretty fast, but yeah, we were there.
Jeff
I forgot. I forgot how much I. Yeah, I enjoy seeing their stuff there. I love that, you know, what they put together, you know, with X Spector. Now they're rolling out all their. Their. Their metaverse, their land. And there's all sorts of cool things that are in development over there with the X Spectre verse. It's all very cool stuff. I like seeing the development, like seeing them build. I like seeing the direction moving in. Activate Agent Jeff. That's right. Very sweet, very cool.
Chip
It was well done, well shot. XRPP actually wrote the script for that. And I thought it was a pretty sizable thing for a little promo. I thought it was pretty decent, man.
Jeff
It was very decent. Yep. More monkeys. I know. When XRP hits $10, you won't be doing the show. Actually, we'll be doing it probably every day.
Chip
We don't make any money. I was gonna say we're probably doing a lot more. Here's the thing. We don't be doing this. So it's like nothing would change in the future. We just have more time to do it.
Jeff
That's right. So we having lots of fun. Lots of fun Everyday fun every day Fun people Everyday fun people. This is really cool. I'm glad to see the positivity. We hit 150 on YouTube. Today, which is very cool. 150 viewers on YouTube. So we're starting. Here's the amazing thing. We're starting to see people coming back into the space. They want quality, not just the. The FOMO and the FUD. It's awesome to see. We have about 500 total. We have a lot of engagement on X, a lot of engagement back on YouTube again. So we're starting to see some changes over there on YouTube. They're not going to be blocking as much. So very cool stuff going on. Mark says if XRP hits $10 getting one of those new post hole diggers at the tractor supply, that would be sweet.
Chip
Adrian says I will be doing the show with Jeff and Chef. Okay, bring them in, man.
Jeff
All right, you're in. Let's go, let's go.
Chip
The like button before you guys get out of here. Let's do it. I forgot to take profit when it touched the $93. Oh.
Jeff
Oh, it's coming back. Instead of buck 87 right now.
Chip
XRPP was the. He was the voice and he also was the. The. Then the fight scene and he was the one that was talking to. To Goosens in that. In the recorded video. That's. That was him.
Jeff
Oh, look, he's.
Chip
I would like my right stuff too and put myself in it, make myself the star. I like that. Doing great.
Jeff
Yeah.
Chip
That must have paid off then, man. Love that, man.
Jeff
Nick is on here live. That's awesome. It's great to see people join in live. I like the live engagement.
Chip
Yeah, that's awesome. Nick, good to see you, my man. Good to see you. We never were able to collect on that, but that's what.
Jeff
John D. John D. Thank you very much.
Chip
You guys crying? Yeah, I appreciate that, guys. So tomorrow night we'll be back. It's getting. The space is getting exciting. A lot of things are going to be exciting in the space and I'm just happy for what's going to happen as a result of worldwide right. Decentralization is freedom. That's why we choose it. That's why there's so much opposition around the world. Because imagine if your government is replaced by a dao. Imagine if your government and the people have a troop voice, right? What happens when. When blockchain voting takes over, right? No more monkey business, right? What happens? That's why it's a threat. Because the people here, to end up in Congress, you know, on a. On a Modest whatever is 175,000. $175,000 salary, they're vested after they do you know, I think for a senator, it's one term, then they get that for life. They get the best health care in the world, and then they somehow become millionaires. Right. So what happens if they're replaced by the true voice of the people? That's where we're going. That's why I think there's so much opposition to it, especially by the Democrat Party. If you believe you're. Jeff, and I said this, if you're the party that believes in censorship, which they are, you see Keir Steimer over there in England, same dude, same cloth right leftist, wants to control people, said disinformation. We got to have the official narrative. This is what you should do and what you should think. It's not freedom at all. And decentralized, having a dial which is decentralized and not having that centralized authority is going to be very, very good. And we can see that the. We're headed in a great direction. 2025 year. 2025 year is going to be a spectacular year. So that's all I want to say, Jeff, before we get out of here, anything you wanted to.
Jeff
It's gonna be an awesome year. You're 100 right about that. And, you know, things are heating up. We haven't even hit the. We haven't even hit momentum yet, and things are already heating up. Wait till January 20. Wait till January 21. The new year is going to be unbelievably amazing. We're definitely going that way. I can't wait for wave of innovation 2025. I want to see the growth that they're. They're going to see. I want to see how many people are going to show up to that, to that event over in Australia, because it's all about the developers. I'd like to see the progress and movement over here, the positivity, the excitement and the freedom. You know, I'd love to see more freedom now. I'm kind of worried about what's going on over in Australia, and we can talk about that later tomorrow, because going over there, after everything we've said, I wonder if they're going to let us in the country. You know, you got to apply for that special permit to come in, and then they might be monitoring us. You know, who knows what they're going to be said for a week. Jeff, I'm going to. I'm going to call for a wave of innovation. Miami. There you go.
Chip
Yeah, there you go. Great show. See you guys tomorrow, everybody. Have a good one. Enjoy the rest of the weekend. If you're in Australia, get some sleep, for heaven's sakes. And we will see you Monday morning. Monday at 10am I believe it is.
Jeff
So, hey, let's take this question right now and we're going to talk about this tomorrow. I think this is a great go. So Elian show up tomorrow. You guys think this cycle include institutional adoption and volatility levels out at a much higher price than now. We might not see very low price again. Next bear market. Great point. And tomorrow night, 8:00pm Eastern Standard Time. Right here and only here.
Chip
Yep. No. Well at all. So that's it, guys. We're gonna out of here. Chip and Jeff. Oh. See you guys in the next one. Are you down with otc? Please, like subscribe and click the bell to be notified when the next video drops.
Podcast Summary: XRP In the NEWS - $2 - Repeat of 2017 Bull Run? How High Can it Go?
Podcast Information:
[00:00] Jeff:
Jeff welcomes listeners to "On The Chain" alongside co-host Chip, expressing enthusiasm about the positive direction of XRP's market performance. He highlights XRP's recent surge to $1.88, nearing the $2 mark, and compares it to the 2017 bull run, raising the question: "Are we going to have a repeat of the 2017 bull run?"
[01:48] Chip:
Chip joins the conversation, and Jeff notes XRP's impressive $1.93 high achieved at around 2:30 a.m. EST, referencing its all-time highs from 2017 ($3.46 - $3.80). The hosts contemplate XRP's growth potential, acknowledging the community's eagerness to see how high it can climb.
[12:21] Chip:
Chip underscores the historical context, pointing out significant growth metrics: "year over year, 209%, and over the past 30 days, a 264% gain." He emphasizes XRP's resilience despite market fluctuations, suggesting a robust upward trajectory.
[13:32] Chip:
The discussion shifts to political events, specifically referencing November 5th as a pivotal moment impacting the crypto market. Jeff muses about possible reasons, hinting at election outcomes influencing market sentiment.
[32:35] Jeff:
Jeff elaborates on political dynamics, criticizing the Biden administration's approach to cryptocurrency regulations and praising the anticipated positive shift with potential leadership changes. He asserts that the market's current positivity is a direct outcome of collective community efforts and political realignments.
[06:24] Chip:
Chip addresses internal community conflicts, particularly a dispute with Brad Keimes, the organizer of XRP Vegas. He expresses a desire for unity, stating: "This is a time for unity. It's not a time for... being at odds." The hosts advocate for collaboration over division within the XRP community.
[22:34] Jeff:
Jeff emphasizes the importance of diverse investment strategies, sharing personal anecdotes about taking profits from other cryptocurrencies like Bitcoin and Doge. He advocates for individual risk tolerance and strategic investment decisions.
[45:13] Chip:
Chip introduces a critical analysis of Operation Choke Point 2.0, a government initiative aimed at pressuring banks to sever ties with disfavored businesses without due process. He quotes David Schwartz, who condemns the operation as "a despicable evil", highlighting its infringement on financial freedoms and individual rights.
[48:43] Jeff:
Jeff echoes these concerns, stressing the need to combat governmental overreach and protect individual liberties within the cryptocurrency ecosystem. He underscores the detrimental impact of indirect regulation on the crypto market's growth and transparency.
[71:31] Jeff:
Jeff shares exciting news about the XRPL Foundation's incorporation in France, driven by Zaodao's Wave of Innovation. He cites the foundation's commitment to security, decentralization, and growth within the XRPL ecosystem, highlighting plans for new committees and membership opportunities in 2025.
[73:09] Chip:
Chip elaborates on the foundation's role in fostering collaboration and innovation, emphasizing the importance of a decentralized autonomous organization (DAO) in enhancing governance and community involvement.
[74:07] Jeff:
Jeff discusses the significance of DAOs in promoting decentralized governance, comparing them to traditional bureaucratic structures. He praises DAOs for enabling community-driven decision-making and increasing operational efficiency within the crypto space.
[16:26] Jeff:
Jeff and Chip delve into investment strategies, discussing the merits of taking profits at peak moments versus holding long-term positions. They share personal experiences and anecdotes, advocating for informed and strategic decision-making based on individual risk tolerance.
[22:32] Chip:
Chip reinforces the idea of diversifying investment strategies, highlighting the importance of balancing profits and reinvestments to sustain long-term growth within the cryptocurrency market.
[60:26] Chip:
Chip criticizes the media's role in spreading misinformation, referencing a 46-year-old climate change prediction as an example of flawed scientific reporting. He contends that media narratives often distort public perception, hindering informed decision-making within the crypto community.
[66:15] Jeff:
Jeff extends the critique to educational systems, arguing that indoctrination and biased curricula prevent individuals from acquiring critical thinking skills necessary for navigating the complexities of the cryptocurrency landscape.
[11:28] Chip & Jeff:
Throughout the episode, Chip and Jeff engage the audience with interactive segments, including the "Clickbait Time" section and yeti giveaways. They encourage listeners to participate by typing "yeti" in the chat for a chance to win exclusive NFTs, fostering a sense of community and rewarding active participation.
[43:42] Chip:
The hosts announce the winner of the first yeti giveaway, Visual Vendetta, and emphasize the importance of having a Zaman wallet to receive the NFT, highlighting the seamless integration with the XRPL for quick and cost-effective transfers.
[85:07] Jeff:
Jeff projects optimism for the future, anticipating significant growth and institutional adoption for XRP. He envisions a market where volatility levels off at higher price points, suggesting that future bear markets will see higher baselines compared to previous cycles.
[86:10] Chip:
Chip concurs, expressing excitement about upcoming developments and the potential for increased adoption and utility within the XRP ecosystem. He underscores the importance of community-driven initiatives and decentralized governance in sustaining long-term growth.
[90:07] Jeff:
Jeff wraps up the episode by reiterating the positive momentum within the crypto market and the importance of community engagement. He encourages listeners to stay informed, participate actively, and look forward to future developments and giveaways.
[91:12] Chip:
Chip closes the show by highlighting the continuous growth and excitement within the XRP community, promising more engaging content and giveaways in upcoming episodes. He urges listeners to subscribe and stay connected for the latest updates and insights.
Notable Quotes:
Key Takeaways:
XRP's Strong Market Performance: XRP is experiencing significant growth, approaching the $2 mark, reminiscent of its 2017 bull run. The community remains optimistic about its future trajectory.
Political and Regulatory Impact: Recent political shifts and election outcomes have positively influenced the crypto market, countering previous regulatory challenges like Operation Choke Point 2.0.
Community Unity: Internal conflicts within the XRP community are acknowledged, with hosts advocating for unity to foster growth and resilience against external pressures.
XRPL Foundation's Role: The newly incorporated XRPL Foundation aims to enhance security, decentralization, and growth within the XRPL ecosystem, with ambitious plans for 2025.
Decentralization through DAOs: Decentralized Autonomous Organizations are highlighted as pivotal in promoting community-driven governance and operational efficiency in the crypto space.
Strategic Investment Practices: Hosts discuss various investment strategies, emphasizing informed decision-making and the importance of balancing profit-taking with long-term holding.
Critique of Media and Education: The episode critiques the media's role in spreading misinformation and the educational system's failures in fostering critical thinking, advocating for greater awareness and independent analysis within the crypto community.
Engagement and Rewards: Interactive segments like yeti giveaways enhance listener engagement, rewarding active participation and fostering a sense of community.
Optimistic Future Outlook: The hosts express confidence in XRP's continued growth and institutional adoption, anticipating a more stable and elevated market in future cycles.
Conclusion:
This episode of "On The Chain" provides a comprehensive analysis of XRP's current market performance, the interplay between political factors and cryptocurrency growth, and the importance of community unity and decentralized governance. Through engaging discussions, strategic insights, and interactive segments, Jeff and Chip offer listeners a well-rounded perspective on the evolving landscape of XRP and the broader crypto market. The optimistic outlook, combined with actionable advice and community-focused initiatives, positions XRP as a strong contender in the ongoing digital asset revolution.