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Chip
If we.
Jeff
What is going on? OTC family, Jeff, here with co host Chip. And Chip, I gotta say, I think XRP may have officially crossed into a completely different conversation this week.
Chip
Yeah, I don't think most people even caught it yet, Jeff.
Jeff
I don't think so either. You know, really, because for years, Chip, you and I have been covering it and everybody out there and actually we just had someone last night say the same thing in our, in our chat or yesterday morning, rather than XRP has no utility. How many times have we heard that? And I think we'd be pretty rich by now just based on how many times we've heard XRP has no utility. Nobody's using xrp. It's all hype. Meanwhile, this week we're hearing XRP discussed alongside Bitcoin, Ethereum, Stablecoin and Treasuries as actual collateral infrastructure. This is really big news. Collateral, liquidity, settlement. That's not a meme conversation anymore, Chip.
Chip
No, it's really infrastructure that's. You know, if you think about it, it's a totally different level. I mean, meanwhile, if you take a look at what's going on with the Internet, it's still arguing whether XRP is going to zero $10,000 by Tuesday afternoon at 5. Oh, no, no, no, wait, I'm sorry, it's. It's still. It's the 15th of the next month. Oh, no, no, wait a minute. It's like August. That's what they have in mind. So right after the emergency alert and the alien disclosure. And it's coming.
Jeff
It's coming. That's right. Exactly. Meanwhile, the actual financial rails, not just the alien rails that are being built somewhere out there that NASA's been working with, meanwhile the actual financial rails underneath the system have been evolving actually pretty quietly in the background. And Chip Coinbase, super impressive. Why? Because they keep expanding deeper into the on chain economy. Flare, we love Flare. Keeps building their XRP fi and their. And their rap XRP and all those amazing things are wrap Flare. I mean, there's so many cool things that Flare's working on. AI agents. We were talking about AI right before we logged in here. They're moving towards autonomous finance. I'm super fired up to see where AI is going to be in two or three months from now. It's made massive progress getting into crypto, but most people actually think, or, you know, they really just think as they get into this ecosystem. It's really all about, I don't want to say crypto, Twitter, but crypto X, that's All they're. That's all they're getting.
Chip
They still call it crypto Twitter. I have to correct them every time. Like they changed the name three years ago. And I know these old narratives die hard, especially in the blockchain ecosystem. Until somebody realizes, I would say everybody realizes the system's been changed. While they're busy arguing in the comments section, this is where all the dots start connecting. And tonight we're gonna break it all down for you. Let's go. Welcome to on the Chain. Oh, drop where you're coming in from, people.
Jeff
And welcome back to on the Chain. This is Jeff here with co host Chip. What is going on, Chip?
Chip
Well, what's going on, everybody? I mean, it's. Good night. Good to have you with us, Tom.
Jeff
It's great to see you. Great to see you since yesterday, man. Tonight's show is probably bigger than the XRP price. Why? Because something actually changed in the conversation this week and this is actually pretty big news. When we start seeing these seismic shifts out there in the. In the ecosystem, so to speak. And actually most people keep missing it. Why? Because they're so focused on crypto speculation. So now we really have to move from crypto speculation and into reality. And what, what is the reality? Digital asset infrastructure. And this is a completely different game, Chip.
Chip
Yeah, and honestly, the funny part is most people still think adoption means somebody's Cousin finally bought $50 worth of XRP on Coinbase.
Jeff
That's exactly right. And that's, you know, what adoption is actually. And this is really important because how many times have we talked to people about this whole concept? Right? Real adoption is when institutions start discussing digital assets as collateral infrastructure. And that's really the line where it all starts. But it goes beyond just the institutions. It's also development. And we see all these developers building and making progress within the ecosystem. So it can't just be about one, has to be about the many. Tonight we're actually going to get into XRP being discussed as collateral. Where is that happening? Coinbase is expanding their on chain economy. We're going to dig a little bit into that flare, building their XRP5 like we talked about. We got want to get in a little bit into the AI agent thing. I think we need to cover AI on, on every. At least a little tidbit. Right? Let's drop it in there so people can start educating themselves on AI. Because if you miss out now, Chip, you might be on the same page with me on this. If you miss out what's happening now, it's going to be a little bit harder to figure it all out come near future. But Europe shifting California chaos. When has it not been under in chaos and why all this actually might be connected to the next financial system.
Chip
Yeah. Once you really step back, you start connecting the dots, you kind of realize. I don't think it's really random anymore.
Jeff
I don't think so either. I think it's. We got to connect all these dots. It's meant to happen.
Chip
Gotta connect them, Jeff. You got to make. Make connections and where they are and make sure where they're not too. So, I mean, we'll let you know where they're not in that regard.
Jeff
Used to connect the dots when you were a kid, you'd have the. The number, connect the dots.
Chip
But I always hated that because it wasn't hidden. Like you go like, oh, that's a duck. You know, it's like you can always tell, right? It's like the outline was like, you know, you're like, oh, that's a car. Like the wheels were there. You're drawing the outline of it.
Jeff
I was like, right.
Chip
Like, I think I was like 4. And I figured that out. I was like, this is not fun. Like it. I guess at that first time you do it, you go, I don't know what it is. What's it gonna be? It looks like there's wheels. Is it a car? Oh, it is a car. There's a beak and there's eyes and there's duck feet. But I wonder what that is.
Jeff
You'd have a blast tracing it out
Chip
doing so fast, you know, because after a while you didn't even have to look at the numbers anymore. Once you want 1, 2, 3. Just kept drawing, connect them all. It wasn't intricate after to connect the dots, you know, Right there. Visual vendetta says, I believe XRP is the only coin that has utility. Question why it hasn't the price gone up because of this. But whatever. I'm gonna sit and wait until the next having. There you go. What's up? Long time. Patsy Green back. Wow, that's a long time. What else we have here? We've got. Speaking of. Too late. Happy Mother's Day from celebration, you badass mothers. Yeah, happy. But we were talking about Mother's Day too. And you know, I was like, I was telling a story about. Last time I saw my mom was two years ago in the hospital. Last Mother's Day, I sat with her and bought her some perfume. And it was a perfume she used to wear when she first met my dad and I was kind of weird, so I gave it to her and she was the first thing. She couldn't talk that well. She, she was starting to lose her speech and she's like, why is, why didn't you get me the big bottle? And I was like, mom, you know, they were sold out. It's Mother's Day. Come on. You know, my mom had no filter. I was telling Jeff, there's zero filter. Whatever. She got in trouble quite a bit throughout her life because she didn't have that little thing that said, maybe I shouldn't say that in front of these group of people, but I guess it's better you say it right to people's face. Anyway, first up here, we got something. XRP is real collateral. This is something I want to show this first before we get into this video. Because, of course, crypto Eddie found that she's the best. She is the best researcher, hands down. It's not even close. It's not even a competition. She put this out. XRP is real collateral. Mike Higgins, who's the CEO of Ripple prime, put it this way. Our assets, just dollars or US Treasuries. No, it's Bitcoin. No, it's Ethereum. No, it's xrp. No, it's stable coin. So he's explaining that the major digital assets like XRP will be used the same way institutions currently use the traditional assets as collateral for cross margining, major margin financing and settlement. So he sees a long Runway for cross margining in crypto, both for the major assets and for trading opportunities across many other coins. Perpetual. So still in early days, but this is kind of the direction where the institutional side is headed. Let's go ahead and listen up here.
Jeff
And that's big news.
Chip
It's just dollars or US Treasuries. No, it's Bitcoin, it's Ethereum, it's xrp, it's stable coins, it's tokenized money market funds. I think that's going to be the, the next step is really when you start to, you know, tokenize anything of value and use that for, you know, for good collateral, as margin and for settlement. So we're, we're still early on in the space. Bitcoin and, and, and Ethereum and XRP and Salana. These are really no difference between major exchanges and regulated exchanges. But within the complex of crypto, there are hundreds, thousands of coins and many thousands of perpetual swaps against them. Trading that basis between those are quite attractive from a revenue opportunity. So I'D say that you have a long Runway where cross margin is going to still be very advantageous. It's a great clip and it's nice that you curated that clip too. Two different pieces of it to tell a story. That's something I wish I could do more of, Jeff, if I had more time that I wasn't doing AI coding or something like that. That's what I kind of wish would happen if I wasn't spending so much time doing coding. Jeff and I were just showing off what we are, what we're both working on. And it's fantastic to be able to have an idea and watch it actually come into fruition. Jeff was showing me something he built and it's freaking mind blowing. So it's really a lot of fun. I mean, let's just change this to an AI podcast. Can we, Jeff out with geopolitics and crypto just turn into AI? I watch so many AI videos all the time. Tutorials, everything. It's just guys crazy. I think we've just been bitten by the bug man because we're actually making stuff and stuff that solves, you know, problems. So it's a very cool sort of thing to kind of like inch into. And one of the things that people Crypto already posted this as well. She said this was actually recorded last fall. The video link below is what, what, you know, what that those curated clips came from. And under the radar derivatives Decoded podcast with Ripple Prime CEO talking about all the things and XRP and Bitcoin, all that stuff. Sounds like a pretty good podcast. I don't know. The other dude didn't look that interested though. He was kind of like, eyes are glazed over whatever. He's like, what is like, are you done talking so I can ask my next planned question? I don't know. Yeah, I don't know if that's what he's really thinking, but sometimes it feels like that, you know. So Coinbase has kind of had like a weird. Coinbase has had like a weird two weeks, Jeff. They're putting. They're doing all this cool stuff and then some not cool stuff is happening. Ray the Musk is in here. Look at that, gents. Vincent Scully is in the house. Speculation price is limited by market cap. XRP's price will be driven by velocity use. There you go. Yeah, that market cap. Anytime you steal legacy stuff and you try to, you know, I remember doing web pages and people are like, oh, is it below the fold? Because that was the newspaper language. So, you know, carried that legacy Language over into the Internet. It's like there's no folds below the scroll, but there's no fold. But it would say it's below the fold because on a newspaper it was below the fold. Everything that was positioned up on front. But this legacy stuff, market cap, what does market cap really mean inside of a crypto anyway? Right? And Chad's bringing up a really good point is that this whole idea of market cap, everybody wants to pin it to the market cap. What's the market cap? What's the market cap? Yeah, yeah. Eventually that goes away too. Remember when people were doing websites in the beginning, they're webmaster or web mistress, you know, what does that mean? That means I build a website, I'm a web master. That went away pretty quick. Look at this.
Jeff
You cross the line.
Chip
You cross the line.
Jeff
Yeah, we crossed the line.
Chip
Joe, look at this. Coinbase. It's been an eventful week for Coinbase. Let's talk about it. Brian will be hosting an AMA tomorrow at 12:30. Like this is like this is a really truthful post on X. It's been an eventful week for Coinbase. Got questions, comment them down below. Let's see what people.
Jeff
We don't have answers.
Chip
Brian, doing an AMA should be interesting. Always good to hear directly from the CEO on what's happening. What are you planning to ask?
Jeff
We're asking you.
Chip
What were you planning to ask. That was the whole point of this post.
Jeff
Like, oh, that's all point of ama.
Chip
Well, it's like you are waiting for you. Looking forward to it. Will Coinbase give free merch to guys who double digits down number of shares? That's the. From the vegan hippo. He works at McDonald's. The little McDonald's hat on there. When will Coinbase give me an agent in the app that's customizable so that I can extract to trade on Coinbase for me. Possibly a separate app or future to keep main funds safe out there. You know what we should what we should do? Customize that agent. It's made by Coinbase. I'll give it instructions. It can generate extra revenue by charging five bucks a month. So given business ideas here, that's Top Blast Bitcoin. That's a great name. Meow says love the push towards becoming more AI native. The risk I keep thinking about is that speed can turn into fragmentation. Everybody moves quickly, but not necessarily in the right direction. How are you thinking about preserving shared context, judgment, importantly culture across Coinbase and base, Both internal and this is a long ass question I don't even understand the question. What is this? An attorney writing this stuff? What are plans for BTC Yield? So this is kind of the stuff. Let's talk about the art of base. And then there's this one. Oh, on May 7th, Coinbase Experience Service disruptions. Here's a quick summary. What happened?
Jeff
So say it ain't so. Coinbase.
Chip
Watch who they blamed it on. Here, Jeff. See what they blamed it on.
Jeff
It's never happened before.
Chip
This is it right here. This who they blamed it on right there. We traced the errors. The Amazon failures and availability zone in the AWS US east regions designed to be resilient to a single zone outage and designed to recover quickly. Notice it didn't say fail safe or fail safe crossover. It said it's designed to rebound. So it goes down, but then it figures out how to like rewrote it. Should be. It should never happen, quite honestly, but
Jeff
that's what it should be, a fail safe. But there isn't.
Chip
There's none. But it says it can recover quickly. I don't know what quickly means at five minutes, an hour and a half, two hours. I don't know. Coinbase users experience an extended outage while the AWS team worked to restore the temperature controls at other Amazon managed services. You know, team conducted a full analysis. Let me. So let me translate with this load of employees. Let me. Yeah, that was the other thing they got rid of 70, 75. Look it. So let me. I'm gonna go ahead and translate what this means. Our team conducted a full analysis and we discovered it's all AWS's fault. That's what it.
Jeff
See, that's easy.
Chip
That's what it says.
Unknown Political Commentator 1
Yeah.
Jeff
Don't worry about us.
Chip
Don't worry about it. More or less. That's exactly what happened.
Jeff
Look at, look at AWS A back. Back in time to what we were talking about before Jim D posted this. The XRP price issue. And a lot of people ask about price. So there's brilliant people in here leaving comments. But the XRP price issue is that the current largest use case seems to be profit speculation among pro traders rather than actual banking and ecosystem bridging applications. That's, that's.
Chip
That may be true today, but I
Jeff
think in order for it to be speculative today. Chip, what do you think? In order for it to be.
Chip
I think Jim D's calling it as it is. I don't think you have much more truth than that. That that might be the best use case is speculation. Brian Armstrong, CEO of the Famed Coinbase said there's a generational shift happening. Coinbase is uniquely positioned to capture it. I totally agree with this. They're doing cool things. The on chain economy reached the escape velocity. Coinbase's full stack platform is powering it. And the next frontier is agentic and on Coinbase. So people, you know, Agentic is AI that can do things on your behalf. What you're normally used to. People like a chat gbt. You ask something that returns a result. You ask and it returns Agentic. You can program to the programmability. You can tell it to go out there and do a bunch of stuff for you. He goes on to say that our thesis is simple Crypto is the best form of money. And the infrastructure will overhaul the existing financial system. Oh my God. Is he saying that XRP is going to be the global token? I didn't see that there. But he did.
Jeff
You know, by May 15 after the clarity act gets signed.
Chip
Yeah. And that's exactly true. So it says if it involves money, it will involve crypto. I. I truly believe that Coinbase is uniquely positioned to capitalize on the transformation. Here's some of the highlights in our earnings. They gained a share in both spot and derivatives globally reaching an all time high in crypto trading volume. Market share. I think they're one of the fastest growing exchanges. Still saw a huge growth in derivative trading volume driven by our everything exchange. That was something cool that they added. I mean you just go to one place you can do everything right there. On Coinbase 10x increase in stablecoin transaction volume on base. And then USDC on our platform hit another all time high. 90 more than 90 of on chain agentic stablecoin transaction volume is on base and 12 consecutive quarters of net native unit inflows. Customers have been adding more crypto to Coinbase every quarter. That's a pretty positive one right there. This despite any market conditions over 90 of on chain energetic stablecoin transaction volume is on base. That's big. But the 12 consecutive quarters, Jeff. I'm not, I'm not know that much of a mathematician. But that's three years, Jeff. Quarters.
Jeff
12 consecutive quarters.
Chip
Four quarters in a year. That's. That's times three and that equals 12. So that's what we have there. Just did the math.
Jeff
So here's something interesting. So hold this down for a second. Put this up.
Chip
Okay.
Jeff
Here's where we sat in 23 $35 a share.
Chip
Okay.
Jeff
It was down.
Chip
What is down?
Jeff
This is coin.
Chip
Coinbase.
Jeff
It's Coinbase at a, an all time low. Don't know how we missed this. 2022. At the end of 2022, 35.39 a share all time low. It might have dipped a little bit below that there. $33 January 6th since then. So three years forward with the growth opportunity, you can look at their PE ratio, you can see their market cap. Right. So obviously this year 52 week high, 444, 52 week low, 139. I think that's for the year. We'll have to look where we're at. But if we, if we factor all the way out here. No, so we hit. Did we hit 444 here in. No, I don't, I don't see where we hit 444. Maybe it was a fast one here somewhere of July 419 there was a high. Maybe. Maybe it went up over there somewhere. But look at this. Anyhow, so from 22, end of 22, beginning of 23, fast forward to 26 and look at this growth. I mean we're sitting here now at 2001 in terms of the share, you know, per share. The share is responsive to market. Some speculation, but also based on profitability. Right. And we look at their PE ratio and all the positives of the com. This is actually increase. And I would assume, you know, without pure speculation, based on how well Coinbase has been doing and performing over the past three years. A little bit rocky here. Still net positive gains. I don't know, I don't know how you want to read into it, but I think it was interesting to go back three years and, and show what they've been doing. Overall. The beginning was all hype. Forget about, forget about their launch. I shut it. 2021, that period of time was all like when they launched their.
Chip
Yeah, nothing but pure hype, man. Hype. Hello, can you go the revenue.
Jeff
Their revenue in 24 was 6.56 billion. They have in 2025, 4,951 employees. Oh, for a Coinbase. I had no idea. No idea. Close to 5, 000 employees.
Chip
First mover advantage, man. They were one of the first big, you know, exchanges. The first one, I think to go public too.
Jeff
Yeah, it definitely was. I didn't know they also been around since 2012. Yeah, I didn't know that.
Chip
They're like one of the very first exchanges, you know, Brian Armstrong, I mean, give him credit, man. He raised the money. Still leading the company. That doesn't usually happen. You know, it's basically 14 years in.
Jeff
So big market cap. Big market cap.
Chip
Big, big ups. Big ups. So speaking of some good things. That's it, you got. What is that here, let's move that. Stop that screen. What the hell is that? Oh, that was the wrong screen. I'm sharing there, Mark.
Jeff
I'm one of the employees. Employee of the month every month. There you go.
Chip
There you are. Every single month. We've got this one right here. Senator Tim Scott, he said, let's make America the crypto capital world of the world. Yeah. We've been talking about it for years. Let's do it.
Jeff
You know when that's gonna start?
Chip
Yeah, we get the clarity tax signed. You know, so now I'm hearing like some trade winds that, you know, the Democrat. Of course, the Democrats, they. You know what? They're anti everything. They don't stand for anything. The only thing they're for is already giving, you know. Yeah. Party of nothing. Not in a good way. Giving legals room and board and everything else so that they can. They're just. They want the votes they stand for. They do nothing. I mean, they're gonna look at Los Angeles. We'll get into Los Angeles. But 20 years been run by Dems and they keep complaining about the problems that they never fixed. They always have that straw man argument like, well, they this and this that happened. Well, you're the one supposed to be fixing it, right? You're the one that was elected. So if you guys can't fix it, I don't know what to tell you, man. But you got to be able to figure it out. I mean, check this out. Flair your xrp, your strategy, your choice. Explore XRP Phi earning options today. And I like this website, man. This website gives me good vibes. It doesn't look like or feel like anything else. I only wish that there was this fire was real. Like that was an animation just like fire just pouring out of there. It really should be. There's no reason why it's not, quite honestly.
Jeff
It really could be.
Chip
Yeah, this guy's like flying a drone. Fired. Lighten this thing up right here.
Jeff
It's hard to read it too.
Chip
Well, you put red on red. It's probably not the best, you know, federal time. I would change this to white. You'd really be able to read it. But, oh, if you look at XRP and flare. Look at this right here, you got $154,227,000,000, essentially. And then a defy, you've got 139.6 million, which is $205,000,000 million dollars. That's insane. XR XRP opportunities. Put your XRP to work, earn yield, lend trade, stake across the ecosystem and here's where you can do it. Some of these, they make it super easy. Man. I want to throw this in the chat system.
Jeff
I have to tell you, I'm going
Chip
to throw that in the chat because this is really fun to explore. You can see, you know, different places believe like hyper liquid. You can watch the tutorial colors but you know, it gives you like a little visual of what else you have there. It's pretty, pretty, pretty impressive.
Jeff
It's actually smart. There we go. There's a.
Chip
What is it? Xrp. I mean they've done the most if you think about it in the ecosystem and it's a non, it's really a non XRP pro project, but it's done quite a bit. Then there's, you know, just the, The Q&As down here. What are F assets? What are, what is fxrp? You know those things you're wondering about, you see, you're not 100% sure. You come down here and look. But you know, I like it, man. Earn some yield, baby. I want to earn some yield. It's a tutorial. There it is. There you go. Just throwing up and you're ready off the races. But really good stuff, Jeff. Really, it's really fantastic.
Jeff
Hey, by the way guys, there's this really cool feature that we have here. We can add comments right live and scrolling. But the cool part of the feature is that when you guys share links with us, we can now copy and paste them right from that.
Chip
That's the only thing it's good for because it's halfway on top of me and it feels like it's itching my chin a little bit here.
Jeff
Other than that it's right under you chip and it's hard to read on it.
Chip
Move it. I don't want to get on this. Get it off the screen.
Jeff
We have no, no way to remove it.
Chip
There you go. That's even better.
Jeff
But if you guys post any links.
Chip
So boring. So boring. Bruce. Bruce Lee's brother said it was so boring.
Jeff
I don't like flair. He's bored with flair already.
Chip
So boring and it's just so boring. Jeff diamond was asked why they're moving out of New York City and this is what he said.
Jeff
Buy more real estate in Maudani's Manhattan right now.
Unknown Political Commentator 2
All right, well, he wasn't. It wasn't the mayor when we started, we started building that Building five years ago.
Chip
Go and see, you're an. If you say like, why are you actually. Why? He's like, hey, it was five years ago. He wasn't mayor then.
Unknown Political Commentator 2
But here's, here's a lesson. And this lesson is true for companies, cities, states and countries. You got to compete. There's no divine right to success. Just read the history books. So our head count in Manhattan has, when I got to J.P. morgan was 35,000, and now it's be to going 26,000. Our headcount in Texas is started 11,000. Now it's 33,000. That's what happens. And you know, part of is the highest individual taxes, highest estate taxes, highest corporate taxes, anti business sentiment, you know, and that's what happens. And you know, you could be any ideologue you want, but that's the real world. And people vote with their feet and you can't get mad at them. You know, it's a free. If you believe in a free country. If someone wants to move to Florida, that's their rights. And so, yeah, if they make too many mistakes, you know, the mayors, including Mayor Mandami, should worry about police, hospitals, subways, sanitation, storms, health care, schools. It's got to do with Democrats or Republicans. And ideology distorts reality when it comes to something like that. So. But our building is great. We're still there. It's got some of the best people.
Chip
But I think like how he told my Damnia just what to focus on as mayor.
Unknown Political Commentator 2
I grew up as a kid in New York City, and you don't probably don't know this. There were 120 of the Fortune 500 were headquarters there in the 1970s, 6120 left, including Exxon, GE, IBM, United Car, Union Carbide. I mean, that's not what you want. And they're all going to Texas, you know, basically, or, or Nevada or Florida.
Jeff
Florida. Hey, man, all the big finances coming
Chip
to Florida, Jeff, he said it. You got to compete. If you're not a competitive environment, oh, pay your fair share. That's all. We always keep hearing, your fair share. Well, the taxes keep going up and the problems keep persisting, and you've got Democrat rule for 50 years. Listen, it doesn't take somebody really that smart to figure out whatever they're doing is not working. Jeff. But apparently they're just the smart train left and they didn't jump on it. It's really.
Jeff
Well, plus, you see, you see what's going on in Miami and the construction, they have 14 or 15 tall buildings being constructed, right? Trains in the sky, huge crates, huge buildings. The tallest buildings in Miami are being built right now. Why? Because there's money pouring in from New York, there's people pouring in from New York, other parts of the the country as well, but a lot of brain drain and money drain is leasing out of New York. And so New York really, they need to really do some introspect and see what's happening because there's not gonna be anything left. I was telling my son, you know, he was at the model UN in New York last month and he, you know, came back and they stayed right Midtown Manhattan. Could walk to the park, you could walk to, you know, to Times Square. Like every, everywhere he was at, he's like, this is awesome. I can go, I can go anywhere I want. I want to live here or I want to come back here. And then I told him, I was like, listen, all the big finance companies, by the time you get out of college, the majority of them are going to be in Miami. All the big AI play, all the big tech, all the big finance, all the big firms, like, everything's in Miami. You don't have to go to New York, just go to Miami and you're going to have New York and Florida, South Florida. And this is where everybody wants to be anyways. You know, four, five, six years from now, New York's going to look like a completely different place. And it's going to be probably more dangerous than it is now. It's going to be like the 70s, you know, all over again. It's going to be a disaster over there.
Chip
Yeah, my older daughter's moving there and I think in August to New York City. So I'm like, well, go check it out, see what you think.
Jeff
See how much what part of New York City?
Chip
Potentially Brooklyn. She'll be like one of the boroughs, but depends where she ends up working. But she'd like to live there. She has a four bedroom house now, Jeff. Wait till you see the little closet she's gonna end up in. The further you get away from the city, the cheaper the rents get and the dirtier the places. It's just the place is dirty, man. It's like, listen, first thing, you want to spend some of that tax money, stop giving it to illegals and start buying people that own businesses. Pressure cleaners. There's 70 years of soot and dirt on them buildings. I don't know if you've ever noticed, Jeff, because, you know, when you're in Florida, everything's green, everything's kind of newish, but people really take care of these buildings. They're scrubbed down, they're pressure cleaned. You know, if you live in an hoa, the oh, you got to pressure clean your roof, your driveway's too dirty. You, it might be a pain in the ass, but it's all clean. You go there and dude, I don't think they've ever seen a pressure cleaner there. It's dirt and filth. It's disgusting. The city smells. You're like, yay, this is great. It's not the New York it used to be. It's garbage. It's just garbage. And Ro Khanna, remember Ro Khanna? He's got that 238 page ethics report against him about how his family were doing trades, making all this money.
Jeff
Well, that's right. Is he still around?
Chip
Jeff, you got to watch this interview. I didn't watch the whole thing, so I want to be somewhat surprised, but Maria Barceloma is talking with Ro Khanna and it's really hard to understand the way he like I'm watching what he's saying and I'm just like, mouth open. I'm like, what? Let's listen in on this. This is a good interview and I really appreciate Maria Barcelona, like pushing back
Unknown Political Commentator 3
a little here, suggesting that Obama's leadership on Iran was better because under President Obama, there were 14 transfers to. Hold on, hold on. There were 14.
Chip
This guy just looks like dope. You put a little clown makeup on there, he'd make a phenomenal clown. He might have gone to clown school. Yes, yes, I am.
Unknown Political Commentator 3
Our transfers to a Swiss account linked to Hezbollah between 2014 and 2016, that was a total of $1.7 billion. The same 1.7 billion he told Congress was frozen Iranian assets. Now, there was a back channel to Tehran on through Valerie Jarrett, active for 2012-2024. This was after he left office. So, you know, he. It was almost like a shadow government. He also sent pellets of cat.
Chip
Almost. Almost like a shadow government.
Jeff
Jeff, you're out of office.
Chip
Listen to every. Jeff, listen to everything she's talking and wait till she asks the question. Totally sidesteps the questions because he knows he's. He's punched in the face, but no.
Unknown Political Commentator 3
Sent pellets of cash in a plane to Iran. Now why would you send money to Iran knowing that they are building a nuclear weapon and they are the leading sponsor of terrorism?
Chip
I don't know, Jeff. She pretty much laid it out pretty well. This all stuff happened, right? Pallets of cash the whole thing, the back channel, it all happened right. Listen to Ro Khanna. He may be the dumbest person in any room. It's hard to. It's hard to understand that because you still have aoc.
Unknown Political Commentator 1
Barack Obama was a great statesman who left America much safer. I wouldn't put Donald Trump in the same.
Chip
Who left America much safer. Okay, paragraph.
Unknown Political Commentator 1
The reality is when President Obama left because of the great efforts of people like Valerie Jarrett, we had 97% of the enriched uranium out. The reality is we didn't have 13American service members dead. The reality is we never had gas go up from $2 and 30 cents to $4.
Chip
The reality is under Joe Biden, it was like up over $5. That's the reality. The short term memory reality is not always there, Jeff.
Unknown Political Commentator 1
Reality is we did not give China more role in the region. Let me finish. I let you.
Chip
Let me finish. They always get angry.
Unknown Political Commentator 1
We didn't give China more role in the region. We did.
Chip
Jeff. Don't think I always get angry.
Jeff
Oh, angry, angry.
Chip
They're angry. They have so much anger. They can't laugh. They're just. Let me finish, Maria. I let you finish.
Unknown Political Commentator 1
He's like, okay, not give the IRGC a more hard. We didn't give. We didn't give China more role in the region. We did not give the. I'll let you finish. More role in the region. Let me finish, Mary. I let you finish. We didn't give more role in the region. Let me finish. I let you finish. We didn't give. We didn't give China role. More role in the region. We did not give the IRGC a more heart.
Chip
Dude, China was all over Iran. Their fingerprints were all. What do you mean they give them more in the region? They were in the region. They were. They were partnered with Iran.
Jeff
These guys, they. All they do is read talking points. They don't go into the. Into the actual reality on the ground. That's the.
Unknown Political Commentator 1
The crazy thing is nuts hard line regime in there. You know why? Because Obama actually did his homework. He actually tried to engage in statesmanship. He had gotten. He got China, Russia, the entire European.
Jeff
He got nothing. What?
Chip
He got nothing.
Jeff
I'm saying he went on. They want. He went on a. An apology tour.
Chip
Do you remember when he drew the line Hard line Was that with Libya or was that. Who was that with Syria. With Syria. He drew the line. Do not cross it. They crossed it. He.
Jeff
Just kidding.
Chip
Did nothing.
Jeff
Just kidding.
Chip
I got Giant.
Unknown Political Commentator 1
What do you engage in statesmanship. He had gotten. He got China Russia, the entire European allies on board with getting Iran on a path to not having a nuclear weapon.
Jeff
And it didn't work and they signed
Chip
it, that Iran deal that they, that they've broke. This, this guy cannot be serious. It's unbelievable as Ronnie, he's the next, he's the next guy out.
Unknown Political Commentator 1
All that, all Trump did is listen to Netanyahu. That's, that's his entire foreign policy. You know what, I resent the thing back.
Unknown Political Commentator 3
Sets now, sets now.
Chip
There was a. Jeff, that's all he did.
Jeff
All he does listen. All he did was listen to Netan first and foremost. These guys are so dimwitted that they don't even understand the strategy that Trump is, is, has outlined. We've seen it. He's, Trump has talked about this outline narrative for 40 years. Right? You go back into the 80s, look at his interviews. He's talked about this for 40 plus years. The exact narrative of what he's rolling out. There's no secret. We know what he's doing if you're smart and you can see. But he creates this illusion of chaos all around because there's all these misdirects. These guys are not, you know, I, I forget what this guy's background is, but I'm gonna assume it's, it's nothing impressive. But we'd have to go back and, and look at it. Know he looks a little dim witted in the eyes, you know, but it, it's amazing to me. So. But now all they do is, it's all ideology. They want to believe that Obama was somehow this great statesman. Like you said, he was a great orator. That was about it. He spoke well, very eloquent, got people convinced, hoodwinked a lot of people and did nothing. He created a much, a much more unsafe environment. The emboldened, all of our enemies became much more emboldened by the end of eight years of Obama. They saw the US as a pushover because he bowed and caved to every one of those players. China, Russia, Russia was a nothing. It was, it was already on the sidelines. And then Obama comes in, re. Bolsters their, their power, stature. Same thing with China. And then there you go, that, that's where we leave off. Then you have four, four years of Trump. Trump starts setting it on course. The Democrats and their fake viruses and all this stuff on how they, they rolled that out in the left. It wasn't just the Democrats. The entire leftist machine tried to destroy the US economy, tried to destroy Trump, dismantle four years of Biden controlled by Obama. All the fake narratives all over again, all these plays. Trump is the only one that is. Is able to reset the narrative in the Middle east that if we go back historically, a lot of the. The strings were pulled by. By the British Crown. So let's. Let's put reality in place, understand all these narratives. These guys are just clowns, you know, they. They don't know anything from anything. It's just funny listening to them.
Chip
That was funny when you said he looked dim, wounded in the eyes.
Jeff
Right. Doesn't he look at those.
Chip
Swear to God, like, everybody on the left is, like, on three big pharma things that has corrupted their brain. They always have crazy eyes.
Jeff
Yeah.
Chip
You know, and sometimes they look at you and they get those crazy eyes. Look at them. She asked them all. She lays all that stuff on. He's like, obama was the best. Trump isn't even the same paragraph. I'm like, dude, what are you. What are you. What are you on, dude? What kind of meds are you on? You're, like, all hyped up. He's a nut job.
Unknown Political Commentator 3
Back channel to Tehran through Valerie Jarrett, active for 2020. But look, a lot of the things that you just said are just not true, Congressman. I mean, look, we have to look at this realistically. And President Obama sent money to the Iranians, and what did they do? They resumed their buildup.
Unknown Political Commentator 1
That's not true.
Chip
That's not true. What were they doing with the money? I think I heard they were buying stuff off the Home Shopping Network. They were getting new. They were getting new uniforms for the. For the troops. That's what I heard. Is this guy insane? Like,
Unknown Political Commentator 1
it.
Unknown Political Commentator 3
What's not true?
Unknown Political Commentator 1
What's not true?
Chip
I love Maria. She doesn't. She said. What do you mean? What's like, most people, like, they would just, like, back off the question. She's like, what's not true? What is not true? And nobody comes up.
Unknown Political Commentator 3
What specifically about that sentence is not true?
Unknown Political Commentator 1
There was a deal that we reached.
Chip
She's like. She's like. She did the flinch. She's like, I love that. She just did the little flinch. That's fantastic. Let's do that. See that again. This is great. She's like, what is about that sentence not true? Not going there. Not gonna answer it because they'll make a fool of himself. Here we go.
Unknown Political Commentator 1
There was a deal that we reached to get 97% of the enriched uranium out. In the process of that, Iran had certain assets that were Iranian ass.
Chip
I guess they made nuclear weapons with 3% of the assets that they left, because that stuff never left. You know what they're really nervous about? What they're really nervous about the reason Trump wants the remnants of that, because they can track it. And you know where they're going to track it to? They're going to track it to Hillary Clinton and Obama when they did that deal with Russia and then Russia ended up over there. They know exactly how they got it over there. And that's what they're real, they're, they're, they're in major panicville. All these guys are a major panic asset.
Unknown Political Commentator 1
Wasn't our money that was unfrozen. And that was a deal that China, Russia, France, uk, Canada, the United States all agreed to again. And then you had Netanyahu come in and try to torpedo it. And apec, APEC tried to torpedo that deal. We were on a path to having a denuclear Iran.
Chip
But what happened is, dude, for 47 years they've been on a road for denuclearization from Iran. 47 years.
Unknown Political Commentator 1
It wasn't in Netanyahu's interest and apex interest. And they've dragged us.
Jeff
The leftist, the leftist and the libertarians are the dumbest people on earth. That's, that's all I'm going to say. You know, they just, it just, there's no research, there's no, you know, historical analysis, just nothing. Just talking points. All they do is go back, read talking points, believe the fictitious narrative, never do their own research. And here's a perfect example. And now here's his talking points. Why? Why is Trump doing it? Because he's controlled by Israel. That's the dumbest thing, the dumbest argument. It isn't true. Trump has been talking about this for 40 plus years, right? Just look at what Trump is. Trump is his own man. Nobody controls Trump. That's it.
Chip
Trump, Netanyahu, to back off. Don't do this. Sit tight. I'll let you know.
Jeff
Just, it's just, it's, it's comical to me when people say that Trump is somehow dictated, you know. You know, it's just amazing.
Chip
Are they dumb though, Jeff? Are they more.
Jeff
Right, well, that's a great point. That's a great point. Right, so they. Are they dumb? Probably not. You know, they're, they're corrupt, that's for sure. Some of them like an aoc, not so smart. Also corrupt, very easily. So here's the thing. They're easily corrupted because of their lack of intelligence and doing their own research. But some of Them are very, very diabolical. You know, you think about how they orchestrate their way to the top. You know, so not all of them are, but many of them are.
Chip
But I do think that sometimes they start believing their own BS like this. It's, that's so. It's so rich. They go like maybe that's true to
Unknown Political Commentator 1
another war in the Middle East. They've hurt American people and the American people are tired of it.
Chip
They want.
Unknown Political Commentator 1
People are going to be team America. They want.
Chip
She's trying hard, she's really trying hard not to interrupt them and go ballistic.
Unknown Political Commentator 1
People are going to bring gas prices down here and care about our nation and get us out of these wars. And that's why Obama want.
Chip
What war? You remember Venezuela? Oh my God. Troops on the ground, in and out. Close the door. Trump got out within 60 days. Says if you started up now we're just constantly, you know, Trump is waiting them out. This is how it works every time. Jeff.
Unknown Political Commentator 1
He was against the Iraq war. That's why he was on a path to normalization in terms of getting Iran to be denuclear and had the whole world on our side. And aipac Netanyahu tore that up.
Unknown Political Commentator 3
Relax, Congressman. It doesn't change the fact that 10 presidents before president Trump.
Unknown Political Commentator 1
I think there's some issue now.
Unknown Political Commentator 3
I can hear you, Congressman. It doesn't change the fact that 10 presidents, presidents before President Trump all said the same thing. Iran cannot have a nuclear weapon. They are the leading state sponsor of terrorism. They cannot have a nuclear weapon delivered.
Unknown Political Commentator 1
That was Barack Obama.
Unknown Political Commentator 3
No.
Chip
Does he forget, does he forget that after, after Trump there was a guy named Joe Biden? Does he forget? I mean, I mean Biden hasn't been President since when? 2015. Yeah, right. 2016. I use the last year is 2016. Trump came in 2017. I mean, what is wrong with these people?
Unknown Political Commentator 3
Oh, that's not true. Not one.
Unknown Political Commentator 1
Barack Obama is the only one who delivered.
Unknown Political Commentator 3
Congressman. You're talking fantasy. 97% nothing about it. You're talking fantasy. Obama did nothing about other than send
Unknown Political Commentator 1
money to the other whole world. He did.
Chip
What happened to the bombing in April or May of 2025, Jeff. Of the nuclear site that they were building a nuclear bomb. I mean, what is going on with these people?
Unknown Political Commentator 1
And send money to them that just factory policy unfroze Iranian assets. But he had the whole world behind us. How many countries do we have behind us now?
Chip
The whole world feckless Europe and feckless every other company country. Sure. I can't yeah, we need.
Jeff
Well, they keep bringing that, that the whole world to your, to your point, what you just said, how feckless they really are. Do we really care what the French and the British and the Germans and all these really have to say at this point when their countries are being taken over by an invading force as we speak? You know, their, their women are being raped at epic. At epic numbers. And, and we're going to listen to what they have to say. And they put Iran at the UN they put Iran on the human rights whatever. You know, it's, it's crazy.
Chip
Yeah, the, the, the convicts are patrolling are the ones are the purveyors of truth. Look at Chad says one of his favorite die hard quotes is, why don't you wake up and smell what you're shoveling? Right. On some serious. And here's Obama on the gerrymandering. Let's compare 2020 versus 2016. Ready? This is Obama. He still thinks he's Obama. Where he would get in, it would always be like. And today, today I'm here to say it was like this big echo in the room. He was like larger than life. He's on out rock star. Before, you know, the last election, no one even listened to him. They're like, get out of here. Nobody trying to tell those black guys how to vote. He's like, shut up. Tell me what to do. Who the hell are you? You're a. Has been ending some of the partisan
Jeff
gerrymandering so that all voters have the
Chip
power to choose their politicians, not the other way around. In April, Virginians can respond by making sure ensure your voting power is not diminished. This amendment gives you the power to level the playing field in the midterms this fall. This is the responsible thing to do. Well, 2020, everybody voted. They didn't want to make it political. Right. 80, 75 or 80 of the people voted. That was a huge vote. Right. Everyone says, yeah, let's not do this anymore. Now he's like, oh, let's do this now. Because he's a dope. He's a complete dope. But for some, you know, we always hear Trump talks about his mom a lot, talks about her being from Scotland a little bit. So somebody had been putting this interview around. This is Trump's mother. And I don't know if you guys ever seen this, but it's, it's a, it's an interesting perspective here.
Unknown Political Commentator 3
You're born called Stornoway, but the island of Lewis, way up in the Hebrides,
Chip
way up in the Hebrides. Beautiful here. And did you live there for most of your life?
Unknown Political Commentator 3
Oh, yes, I lived there. I grew up there, Came to New York, met my husband, went back to Scotland and came back to New York to get married.
Chip
Yeah. Poor Donald can't be with us because
Jeff
he's over in Hollywood, over in Los Angeles, isn't he?
Unknown Political Commentator 3
Got a call from Steven Spielberg. Could he come and make the cameo? Some movie Spielberg is doing. And of course, Donald didn't want to say no.
Chip
Well, we can understand that. This is great. Look, they're all enamored by her, by Trump. Donald couldn't be here because Spielberg asked him to do a cameo, right?
Jeff
Y.
Chip
And so he's doing a cameo, right?
Jeff
Y.
Chip
He couldn't say no. They love. They're just. Look at how enamored they are. Slightly more important than the BB show, Frank, isn't it? Tell us about your lovely family, Mrs. Trump. And we know that sadly, you lost a son recently.
Unknown Political Commentator 3
Lost a son. Our oldest son, we lost.
Chip
He was 41.
Unknown Political Commentator 3
Something a mother never forgets. No, our oldest daughter is a federal judge.
Chip
That's Marianne. Maryanne. Yes.
Unknown Political Commentator 3
And of course, Ms. Donnell and Robert and Elizabeth.
Unknown Political Commentator 1
Elizabeth as well. Oh, another fan, huh?
Chip
Yeah, yeah.
Unknown Political Commentator 3
Elizabeth is married to Jim Gro. There's another fan and a wonderful fellow.
Chip
Yeah, yeah, yeah.
Jeff
It's been my privilege really, to. To know your family, Mary, and to
Chip
know you and friends.
Unknown Political Commentator 3
So privileged to know you.
Chip
They're wonderful people, Bibi. You know, it's. It's amazing when you come to America, you know, this is the kind of thing that happens.
Jeff
You know, you just meet so many wonderful people.
Chip
Especially a very big thank you to you, Mrs. Trump, and to Donald for having us here in this beautiful place.
Unknown Political Commentator 3
Thank you very much. It is a beautiful place, isn't it?
Chip
Absolutely wonderful.
Unknown Political Commentator 3
And we flew down in the helicopter in 45 minutes.
Chip
Was that that wonderful black helicopter that I saw? Yeah, yeah. Do you like the helicopter?
Unknown Political Commentator 3
Oh, I do. And of course, my husband, first thing he saw helicopter said Trump on there.
Chip
Yeah.
Unknown Political Commentator 3
He was satisfied.
Chip
Well, thank you both very much indeed for talking to me. I've never seen more ass kissing going on in any area. Now, you know, they're just enamored, Jeff. Like they're just loving life. I mean, they were just super excited. They just were sad that Donald couldn't be there. And how would that interview go today? I think we should. You know, it's funny because Earl, pal Sam, I am puts up. You talked about libertarians, right? So I put this up. So Trump posted This. I've just read the response from Iran's so called representatives. I don't like it. Totally unacceptable. Thank you for your attention. This matter President Donald J. Trump and Sam said Trump doesn't like Iran's terms, but he's powerless to do anything about it. Bomb their infrastructure. And Iran responds in kind across the region, guaranteeing global depression and dollar death. I said this in week one. The US has lost this war.
Jeff
My God.
Chip
I mean, typical. So, so I said, you know, you used to think clearly. Now it feels like you've traded critical thinking for whatever leftist narrative gets handed to you. You still don't understand how Trump works. He applies pressure, people panic, media melts down, his opponents overreact. Then he walks away with the win again and again and again. It's been going on forever, Jeff. Nothing but winning. And let's be honest about the Libertarian Party. This is not the Libertarian party of the 90s. That version cared about liberty, limited government, personal freedom and actual principle. What exists now is something else entirely. Something else entirely. He goes libertarian is name leftist in practice.
Jeff
Exactly. Nailed it. 100.
Chip
Jeez. Yeah, they're losing the war. And then you come back after it's all over and you got a new regime in there. Be like, oh geez. Which dude, the US is not losing this.
Unknown Political Commentator 3
What war?
Chip
Drives me crazy. Drives me crazy. Mark Smithson said that they go to the communist meeting in Kenya to interview Barack Obama's mama. Impregnator.
Jeff
Right.
Chip
Mama Obama. Illiterates brought from blah blah blah. Joe the plumber pegged him. Oh, Joe the plumber was great. Then he. Remember he had a beer, Joe.
Jeff
Yeah,
Chip
I think we have.
Jeff
Remember the beer.
Chip
Look at, look at these stats right here. Josh, check this out. C3 put this up. Time in federal government. Alexander Hamilton.
Jeff
Yep.
Chip
Super famous. Five years. George Washington, first president eight years. Thomas Jefferson, 10 years. John Adams, 12 years. Bernie Sanders, 35 years. Pelosi, 39. McCarthy, McConnell 41 and Chuck Schumer, 45. That explains everything. Founders versus grifters.
Jeff
And this is all they've ever done, those groups. So they've all, each one of them enriched themselves by being in government. They're worth millions, Millions upon millions and millions of dollars. They built nothing. They've developed nothing.
Chip
They are nothing. Jeff, look at. So Gavin Newsome. Jeffrey Mead is a political commentator. Totally pegged. Because they're all coming out saying Virginia. They ignored the will of the voters and it was a procedural thing. They didn't follow their own Constitution even. I mean it's impossible to argue it's like they didn't do the right proper, you know, procedure. So listen to the, listen to Gavin Newsom again. They, they know this is, but they, they persist with it because there's dumb people in the world. I don't know how many times we have to keep saying it. The right is ruthless. You saw what just happened in Virginia. The Supreme Court overturned the will of the voters with transparent and democratically approved redistricted maps.
Unknown Political Commentator 4
You know, I don't just come out and call people a piece of shit very often, but Gavin Newsom is a greasy piece of shit. And I'm going to explain to you why he's calling the right ruthless. Because Democrats were ruthless, tried to stomp all over the state constitution in Virginia and it got overturned by the Supreme Court because Democrats violated the state constitution. Okay, here's what I mean. Again. He's calling the right roof. Let's, let's pay attention to what Democrats just did. Virginia is a purple state. In Virginia, you've got the Governor, you've got the House of Delegates and then you've got the Senate. All three are controlled by Democrats. Currently the Senate is 21 to 19 in favor of Democrats. Abigail Spanberger herself called Virginia a purple state. Virginia has six Democratic seats in the House at the federal level and five Republican seats. It is one of the most balanced states in the entire union. Now let's break down the state legislature in Virginia. Okay? In Virginia, you've got the House of Delegates and you've got the Senate. The House of Delegates. Think of it like the House of Representatives. They get elected every two years. The Senate is every four years. Now what Democrats in Virginia are trying to do is they're trying to change the Constitution to allow them to mid decade redistrict and be controlled by the legislators. Because right now a bipartisan redistricting commission is who controls redistricting in that state. Democrats decided they didn't want that. Even though they're in a purple state, we don't want that. We're going to take a purple state and we're going to maximize our representation in the House in this purple state, and we're going to trample all over the state constitution in order to do so. When you actually understand on a deeper level what is required by the state Constitution in order to amend the Constitution in that state. And then you see what Democrats did. It's egregious. The Constitution is the foundational supreme set of laws that govern that state. So in order to change that, Virginians decided that there needed to be serious steps in place to make such foundational changes.
Chip
Makes sense.
Unknown Political Commentator 4
So one thing, if you want to amend the Constitution in Virginia, one thing you have to do is you have to pass that in a session. Okay, whatever that changes, you pass it in a session. They typically have one session per year. Then you have to wait. And there needs to be an election every two years. So there needs to be an election so Virginia voters can hold the people accountable who want to change the Constitution. So they can vote them in, or they can keep them there, or they can vote people in, or they can vote them out. What this does is it doesn't allow one party to come in power and just seize control in 180 days, which is exactly what Democrats tried to do. It's designed to ensure that that is what the state wants. So first you pass it in the first session, then you've got to wait until the next election after that election. Then it has to pass in the next session of the legislators with different legislators or the same. I guess technically it could be the same, but it's likely going to be different. So again, you have to pass it with one group of legislators. Then you have to have an inner, like an election in between. The voters vote for who they want, and then with that new set of legislators, they also have to pass the constitutional amendment. Again, this is to ensure that one party is just not coming in with a slim majority and grabbing power and then forcing things in their direction. The constitutional amendment process in Virginia was designed to stop exactly what Democrats tried to do. So let me bring this together for you. You've got Gavin Newsom out here telling you Republicans are ruthless when Democrats have a slim majority of control in the government in Virginia. So they know Virginia is a purple state. They have a slim majority, and they trampled all over the state's constitution in order to lock in their power at the federal level. And he's coming out here and demonizing the judges for actually upholding the constitution and holding Democrats accountable when trying to walk all over the Constitution to entrench their power. That's why you don't see him talk about the process. He only talks about the will of the voters. He's trying to manipulate people with that. When in reality, Democrats trampled all over their state constitution to try to lock in power and got held accountable for breaking the law. And the will of the voters prevailed because the state of Virginia put this into place.
Chip
That's a great point, Jeff. He makes a lot of great points about, you know, look, the Most important that I take away from what he said was they made it difficult for a reason. So one party doesn't come in and hijack it. You have to wait and if it holds up over the time in multiple sessions and a voting period, okay. But you're basically like if you want to change something, people don't like it, they vote you out and let's see how you're going to change it the next session. So it should be hard to change things. That's exactly what founders wanted. They wanted it to be difficult to put legislation through whether we like whether what's going on with clarity or not. This is the way it was designed from the, from the get go. So. But all these people, your democracy, the will of the voter, like procedural issues. Dude, California is a mess. So Steve Hilton, who's one of, he's the leading guberial candidate for governor.
Jeff
You know what?
Chip
You know why Spencer Pratt and Steve Hilton are winning? Common sense, Jeff. Common sense. It's not common anymore. Nobody knows about it, but common sense. Listen to this. They're just destroying the, not only the, not only Newsom, but what's going on in California. Just because they're just, they're talking like us. They're like real people who are like, hey, this is BS and here's why. Look at this.
Unknown Political Commentator 5
Kevin Newsom is taking $20 billion of your money to send 100,000 babies. 400 diapers. That works out at 50 cents per diaper. We just came into Target to check out what you could buy it for in the store.
Chip
Here you go.
Unknown Political Commentator 5
Just check this one out here. $162 $26. That works out at 16 cents per diaper. Gavin Newsom's diapers are three times more expensive. This isn't even Costco. Why is it three times more expensive for Gavin Newsom to send diapers to 100,000 babies than just leaving the money in the bank accounts of the parents in the first place? Because he's going to some total bullshit non profit profit which the cronies of his are going to make money. And that is what is wrong with California. Instead of just cutting taxes so you can afford diapers and sending it out in this ridiculous bureaucratic scheme.
Chip
This is the kind of stuff that's
Jeff
going to win for governor.
Chip
It's just, it's. You know what it is? It's common sense, man. It's just like, yeah, well, three times the amount of money. You know why? Because you got, all of these people got their grubby hands all over it. It's like homelessness. It got worse under nome. They're spending $20 billion on it, and nobody even got a house. Not even a. Even a shelter or place to live. So it's gotten totally out of hand. The Spencer. I have to say, the Spencer Pratt stuff. Jeff is next level. He put out this mother's day as good stuff.
Jeff
Yeah.
Chip
Is this the house? How do you get it out?
Unknown Political Commentator 3
I want to go in the Airstream.
Jeff
Heidi and I have been through hell together.
Chip
Yeah, I'm pulling up covers.
Jeff
No mom should ever go through what she's going through.
Chip
This is the first day we've been here. Hummingbird. You see him right here. This was where your bedroom was, remember? This is mama's room right here.
Unknown Political Commentator 3
Are you okay? No,
Chip
I think that's. They're trying to have a good attitude
Unknown Political Commentator 3
about it, but I didn't see Gunner, like, almost crying up there.
Chip
But they're so happy to be home too. There's my old favorite shovel. The sh.
Unknown Political Commentator 3
I didn't know Kiev, but I think
Chip
they're just packing me home.
Unknown Political Commentator 3
You want to sit right here?
Chip
I gotta go pee. Oh, no.
Jeff
Gotta go pee over there.
Chip
Okay. Go poo.
Jeff
There you go. All spells makes the marshmallows.
Chip
I am constantly in awe of Heidi. She's the most incredible mom to our boys. She's why I fight. Mother's day is every day. Spencer Pratt for loss. That's a very moving, touching ad. I mean, very well shot. So you know how mandami Jeff promise free buses.
Jeff
Well, not gonna be free.
Chip
Spencer Pratt promised free something. Listen to this. Buses will be free is. I know he promised his voters, like,
Jeff
the subway will be free.
Chip
And I'm promising my voters the metro.
Jeff
The metro buses, the metro trains, they will be free from urine feces stabbing attacks. So these all the problems. Similar.
Chip
We both had free things for public transportation. He's just fantastic.
Jeff
Spot on. Those are all the problems they're suffering with. Whether it's California or New York. It's a lot of. A lot of issues. California's a. Is a mess. We think New York is a mess. California is a disaster.
Chip
Yeah, so I'm just. I pulled a lot of the. Whoever's making these AI Ads. They're not even official, like, for, you know, ads for him, but they're phenomenal. This one.
Unknown Political Commentator 1
Yo,
Jeff
Spencer.
Chip
Pray heels to the streets. Jeff, you sure you didn't do this one?
Unknown Political Commentator 1
These people do not want a bed.
Chip
They want fentanyl or Superman. It's all the same seat. California host Stas a Scam, homeless funds
Unknown Political Commentator 1
vanish they don't give a California fry,
Chip
fry, fry Host st a scam, homeless
Unknown Political Commentator 1
funds vanish don't give a California fry, fry, fry home Stas a scam, homeless
Chip
fund vanish they don't give a California
Unknown Political Commentator 1
fry, fry, fry home don't give a damn up. It's prep, baby.
Chip
The truth hurts. Clean it up or watch it burn.
Jeff
I will go below the Harbor Freeway tomorrow with her and we can find some of these people she's going to offer treatment for.
Unknown Political Commentator 1
She's going to get stabbed in the neck.
Chip
He was supposed to do. He was on one of the local TV stations. He was scheduled to do a, you know, with Karen Bass, you know, the current mayor, and she pulled out. She got so destroyed in the last debate. They just will go underground like Joe Biden was in his basement. Because they can't compete on ideas. There are no ideas. So I thought that was just that. California fried, man. That was fantastic.
Jeff
I like that.
Chip
Look at this one here. Look at the clowns. This is another good one.
Unknown Political Commentator 1
Hey, so we've got a panel of
Jeff
your average Los Angeles voter to test some of your policies and see how we're doing.
Chip
First question, who thinks Mayor Bass did
Unknown Political Commentator 3
a great job responding to the fires?
Unknown Political Commentator 5
Didn't she go to Ghana?
Unknown Political Commentator 3
Okay, great, great feedback. Next question, who thinks Mayor Bass did a great job with the Palisades? Rebuild.
Unknown Political Commentator 1
What? Rebuild.
Unknown Political Commentator 3
Okay, but you agree she's addressed the homeless problem, right?
Jeff
There's literally homeless people smoking crack at my kids playground.
Chip
Ask them about raising their taxes to pay for crack pipes for drug addicts.
Jeff
Nobody wants any of this.
Unknown Political Commentator 3
We just want to feel safe. Our loved ones to be safe.
Jeff
Regular neighborhood maintenance.
Chip
Common sense. Fuck.
Unknown Political Commentator 3
Pratt's gonna win, isn't he?
Unknown Political Commentator 4
We should probably skip the next debate.
Chip
And she is, Jeff, Funny enough, she is. These are pure fire. I don't think there's ever been a time in history where you've had so many amazing ads. We need to start making these kind of ads for John Deon. They're witty, they're fantastic. Here's one, here's one for the, for the Hispanics. Jeff. Take out the basura. You know,
Jeff
look at that. That's a good statement right there. Both states corrupt and both have the. The media is the strongest in New York and California.
Chip
That's right.
Jeff
Interesting.
Chip
Well, you know, take out the basura means take out the trash. So here we go. They got the trash.
Unknown Political Commentator 1
Latino por Prat Tueras, Mayor 2026 Mayor Karen took a trip way off the map While the hills Caught fire. She was posting from abroad. Palisades though. Out the Dana smoke in the sky.
Chip
We were coughing in the kitchen. She was saying bye bye.
Unknown Political Commentator 1
Look what she left on our block. LA looking like a closet where the junk can talk.
Chip
Anyway. That's a good one. I like that. Spencer, take out the trash. Here's another. Here's another banger. AI video. Someone did Spencer Pratt. Today I'm gonna show Karen and Gavin
Jeff
how easy it is to fill this reservoir up with some water.
Unknown Political Commentator 3
Wait. Please help us.
Chip
Don't do this.
Jeff
Ah.
Chip
I'm the clear choice for mayor in Los Angeles. And with me, I'll take out the Basura immediately.
Unknown Political Commentator 1
With this system, we can fight fires from the sea. Let me show you how these things work, baby.
Chip
How have Gavin Newsom's immigration policies affected your work?
Jeff
I worked hard to get my green card years, amigo.
Unknown Political Commentator 1
Things were good.
Chip
But then these pinch of crinols were let in by Sleepy Joe. Begin clearance.
Jeff
Are finally making a difference.
Chip
I'm excited to start getting more work again. There you go, Spencer. They're crazy, aren't they?
Jeff
One after another is hilarious.
Chip
Chef, I want you to take a look at this ad. This is an anti. This is what the Democrats are running against Pratt. And it's supposed to be a hit piece, but listen to what it ends up being. Spencer Pratt is the last thing Los Angeles needs for mayor. Pratt opposes using taxpayer money to build brand new houses for our unhoused neighbors. Yes. Saying it's time for the homeless to get help or get out. Pratt thinks LA needs thousands more police officers rather than more social workers. And Republican Spencer Pratt thinks public employee unions should have. Have less power, not more. LA is on the right track and needs to stay the course. Vote no on Republic. Wait. Now that's an. That's an attack. Tells you all the reasons. Just told you why you should vote the case.
Jeff
Oh, my God.
Chip
And for people that don't know, this is what LA looks like. We can go down this. This right here. I think if we were on a better bike, like a slightly bigger bike, we can make it. We could make it on this. But I don't have leg protection. The odds of something going up into my leg and like stabbing me and slicing me open. I'm not joking. I am not joking. It's pretty hot. Like, there's a lot of really sharp stuff. There could be knives, needles, you name it. In this path right here. So you gotta actually be like armored. You have to be wearing armor to make it through there. We got a hydrant that's just on. That's water that we're paying for. I mean, whatever.
Jeff
What am I supposed to do about
Chip
that RV right here? Oh, there's a big gap right here. There used to be multiple rides, RVs. Oh, there's not any interesting. Oh, there's a dog. Y' all see that? Look, he's gonna work on this Hydra next. Hey, man. Burning something. Other big fire right there. I mean, look at all this over here, bro. It's, it's, it's not looking any better. So clearly the city decided not to clean up here. We got sore rack right here. We're not gonna go that way today. It's bad, Jeff.
Jeff
It's horrible.
Chip
Really. It's absolutely horrific, man. Well, there's good news coming out of Europe, Jeff. And this is, this is what it looks like.
Unknown Political Commentator 3
Mr. Keir Starmer's Labor Party with the reform gaining roughly 650 seats, adding to a broader party pattern of shifting political support across Europe where more conservative parties are gaining momentum. Take a look at that. In 2024, the European Parliament elections, conservative parties rose to 26%. In Portugal, the Chega party captured 60 of the 230 parliamentary seats. Then France's National Rally secured first place with 33%. And then we moved to Germany where the Alternative for Germany party doubled support to 21% in 2025 and Austria's Freedom Party took first place with 29%. Showing that Europe's political landscape is changing, Jeff.
Chip
It's all going. It's shifting to the right. We're seeing it in South America. We're seeing win after win. We're seeing stuff happen. It's a really amazing thing to see. Now where's the. Look at this. What do you think is going to happen to Keir Starmer after I. He said he wasn't going, Jeff. I said he wouldn't last. He's not going to make.
Unknown Political Commentator 5
Well, breaking tonight, sir, Keir Starmer looks set to resign as Prime Minister in. In this coming week. I know you've heard it all before, but we've seen huge speculation that suggests
Jeff
the Prime Minister time by weekend.
Chip
He's resigning. He wouldn't make it through the month.
Unknown Political Commentator 5
Man has indeed run out. West Streeting has told secure Starmer that he is preparing his case to be the next Prime Minister. The Telegraph has indeed disclosed this evening. Former Deputy Deputy Prime Minister Angela Rayner has also posted on X this evening demanding that Starmer allows Andy Burnham to return to Westminster. She's also criticized a so called toxic culture in number 10 and said it might be Labour's last chance to reverse its fortunes. And a couple of hours ago, journalist Dan Hodges has reported that a Cabinet minister has informed him that quotes they believe Keir Starmer will announce he's standing down to this week without the need for a contest. He goes on to say that this is the first time he's heard this directly from a cabinet minister. Well, he's also wrote this on X. Cabinet minister tells me they are now confident a leadership challenge will be triggered this week as it doesn't end there. LBC journalist Andrew Ma has said on X it appears to be happening where's ready to move and perhaps Angela as well. And breaking in the last hour, the far left MP for North, sorry for Norwich south has thrown his weights behind Andy Burnham in a very long post on X. So would Clive Lewis be willing to stand aside as soon as tomorrow perhaps to let Andy Burnham stand for Parliament? I think now, with a high degree of confidence, I'm willing to say and reiterate that I think the Prime Minister, Zakir Starmer will resign this week and act as a caretaker in the meantime. The question is, will he do it without a leadership challenge being triggered or will he go before he's pushed? I can also say one more thing on behalf of Britain. Bye bye Keir Starmer. We won't miss you.
Chip
Nobody's going to miss him. Well, here's the thing. People think, oh, Kira's gone, don't worry, the next going to be the same, more of the same. But what you're do, what you're seeing is what you're seeing on the Democrat Party. You're seeing the disillusion, you know, it's being dissolved, the whole party's being dissolved and they did it to themselves. This is the best part of it is like they brought it upon themselves. There's nobody else to worry about this.
Jeff
I mean, very irrelevant. This is what happened. The King is saying that Australia just had a huge win in the town of Farah, held by the opposition for 24, 25 years with a 38% swing.
Chip
I'd love to hear.
Jeff
So a lot, a lot of stuff happening then. If you look at some of the maps. So this is a new congressional map drawn that shows what happens to America when districts are compact, fair and shape, accounts for actual population without gerrymandering. And There you go, 280 Republicans, 156 Democrats. Democrats have been cheating for decades and they claim it all under. They want racial segregation. They want also they call for all Sorts of things. And when you actually look at the map, and this is the argument that we've had, you know, for the longest time, is that the majority of the population is conservative, or at least right of center. The population is not left of center, never has been. This country is not founded on left of center. This country is founded right of center. And that's it, you know. And so do we have. Do we go left to center? We've artificially been pulled. And we talked about that a while back. The whole pendulum. The pendulum has pulled us and many other countries way far to the left. I mean you. And so here you go. At some point it corrects. And now we're correcting in the U.S. we're correcting. All these uprisings in countries around the world are corrections. The question is like Jim D. Said, you know, is it too soon? That was drawn by grog. Probably. Yeah, that was.
Chip
It was. But.
Jeff
But that's real. This is just a representation of, you know, obviously you can look at it. It's not. It's not perfect. But the point with that, you know, is this is a representation of what the map would look like because goes to that argument. Let's get away. Get rid of all of the. All of the. The cheating, the artificial segregated districts, all the things that they've done. And you look at Florida. Florida's is a whole different state at this point, you know, because of. Of some of the redistricting taking place. Look at Broward county, we have District 22 because they've redistricted the way it needs to be. And guess who's gonna go. Debbie Wasserman Schultz is gonna get the food here gone. It's about time, you know, it's about time, Jeff.
Chip
So here's somebody did thought this was fun. This is a short one, but this is the AOC song. Listen to the AOC song.
Unknown Political Commentator 1
No way, not me.
Unknown Political Commentator 3
You know, I think that alc.
Chip
She can't explain it.
Unknown Political Commentator 1
She over complicated. What else were Venezuelan. The map rotation sounds like all award Salad part two.
Chip
We don't understand Bad Bunny.
Unknown Political Commentator 1
We don't understand you dumb as AOC no way, not me.
Chip
I wish they did the whole song. This is fantastic. One more time. Let's hear this one more time. This is great.
Unknown Political Commentator 3
You know, I think that alc.
Chip
She can't explain it.
Unknown Political Commentator 1
She over complicated. When asked for Venezuela is the map rotate.
Chip
She sounds like Kamala.
Unknown Political Commentator 1
Word salad part two.
Chip
We don't understand Bad Bunny.
Unknown Political Commentator 1
We don't understand you dumb as AOC no way.
Chip
Not you're Dumb as AOC not way, not me. And here's an old classic from Nigel Farage. Of course, if you're into music, guys, you'll totally understand the album covers he's looking at. You'll understand the originals, but he makes a little play at us. It's fantastic. Back I'm here in the shopping reel. Let's see what we can find. Oh, love that. Love that. Never mind the borders, here's the Green Party. Yes. Never mind the Bullocks, Sex Pistols. Never mind the Green Party. This is great. Never mind the borders. This is fantastic. Never mind the borders here's the Green Party. Yes. Everybody welcome. Reduced down to almost nothing.
Unknown Political Commentator 1
Careless Whisper.
Chip
A careless whisper, that is. Come on, these are. This is crafty as hell. What? He's not long for this world. There's no doubt about that. Oh, yeah, yeah, yeah, yeah. Have a look at this. Straight out of Commons. That is the end of the touring arson. That is fantastic. Zach Polanski. Drugs for the many, not the few. Well, that's the policy. I like that one. Kia today, gone tomorrow. It is the end of the Care show, no doubt about it. And a particular favorite is Omandi. Well, you can came. And you failed all the vetting. We should have sent you away. Oh, Mandy, that's some clever. What you're seeing is you. Because the left is so sour, so canceled, so angry, so violent. What we're seeing is the cleverness that's coming out of the right, the conservatives, you know, there.
Jeff
It's.
Chip
It's just. It's. I mean, these are people that just made these ads. You'll see more of them coming. But what's going on the left. I don't see anybody making any ads for the left. There's nothing to put your hat on. Everything's been. You know, it's just like Trump said. If you. If you import the third world, you become the third world. Look at LA, Jeff. When we were in LA, we saw about 15 or 20 kids, teenagers, unaccompanied, couldn't speak English, didn't have any identification, clearly were put on a plane and imported into la. No parents, nothing. It wasn't a field trip. Was nothing. And they didn't know where to go. And you had officials basically putting them over. I mean, they didn't even have documents.
Jeff
Remember, they were ask. They were escorting them through tsa.
Chip
Right.
Jeff
We were at the TSA checkpoint and they were escorting them and they had no.
Chip
No identification. They just. They basically took them aside and pushed. Pushed them through tsa.
Jeff
Yep. That Was crazy, but we had it.
Chip
We had to get a basic path on, prove who we were. Make sure you don't put this through. No, Jeff is an absolutely insane.
Jeff
No. Almost got into an alternate George Michael.
Chip
Careless with the careless Whisper. With a whisper. That was just. That was just next level right there, man. Man.
Jeff
Never, never forget. Oh, never forget. Stacy Tank Abrams. That's right.
Chip
Well, I'll tell you what. Here's what we're never going to forget. We're never going to forget that Georgia will be the first state exposed. They even tried to get it to stop. They even filed some paperwork where they were supposed to file it under seal, but they wanted to leak it to the press because the State Department, or I think it was the dod, came in and is asking for all the people's contact number who volunteered to the election. And so they filed something publicly to kind of tip off the media without being a leak. They filed in, you know, on their. On the. And then it got shot down by a judge. So the first state to fall where you're going to see that Trump easily won is Georgia. I mean, it could be another one, but I feel like it's going to be Georgia. I feel like it's going to be soon, and then other states will fall, too. So it's kind of where we're at, man. What are you gonna do? The Careless Whisper. God, that's great. I love the heaven. And he's like, he's not long for the world. No, man. I mean, you had the biggest massive ass kicking. I mean, they lost Wales. Wales has been held by labor for a hundred years. That alone disqualifies you, man. I mean, how do you lose? I mean, insane. Insane in the membrane, insane in the brain. It's just insane, Jeff. But good things are happening, guys. Keep your chin up. Just. Just know that good stuff's happening. There's so much winning on the left. I mean, the right. There's so much losing on the left. The, the left's got. They're out of ideas. They got nothing. They got nothing to run on. They don't. We believe that should be like this. No, they just hate Trump and hate this and hate the right. But what do they have? They have. They bring in any solutions. They never do.
Jeff
Right.
Chip
We're due, Jeff.
Jeff
Oh, check this out real quick. This is. It's kind of crazy. Look at these numbers. Talking about some races that are going on. This is for District 22, Republican Michael Carbonara. Total receipts 2.5 million. Total distribution, 1.8 million. Cash on the hand, 2.5. That was at the end of March. He has 633,000 on hand as beginning of April. Then you got all these other guys that are positioning themselves. This guy hasn't spent a dime. 2.5 million. But look at this.
Chip
I didn't know there were so many people in the race.
Jeff
Some of them are not relevant in terms of cash on hand to, to fight this fight. But yeah, you're seeing them step up. It's amazing, really amazing. You know what's gotta, gotta happen right now? With Michael Carbonara with a clear lead. This is Florida House District 22, which is. Wasn't 22 before.
Chip
Oh, wow. So it's a new district then. That's interesting. Drinking too much. That's full of mold. Jim D. Says a huge part of the Democrat party leadership will be an old age. Homes are in the grave in a couple years. Yeah, well, I mean, look, we're already, you know, the next cycle, there's no PELOSI, there's no McConnell. There's like, I mean so many people are put out the pasture, you know, there's. And then because of redistricting, you'll have even less people. So it's something, man. We're, we're heading, we're heading towards Good days Scotland of a migrant. You want to see? I saw that. An illegal want to see because you don't have to be a citizen to run for office. I had that video on. My God, it's. What an embarrassment. Look at how the Scots used to fight back in the day. They were not going down. They were, they were proud people. It's embarrassing. Look what's happened to the Irish. It's so sad to see what's happened, man. Ireland. But I'll tell you, I mean, I put my money on anybody for a civil war. It's like it's the Irish. They don't call them the Fighting Irish for nothing, Jeff. That's right. But Ireland, they're not. They're fighting back. That's all the time we have tonight, guys. We went an hour and 26, thought it might even be a shorter show, but nope, that's it. Anything to say, Jeff, before we get out of here? Yep, that's all we got.
Jeff
We'll be back on Wednesday, Wednesday, Wednesday, 8:00pm Eastern Standard Time. We'll be back with more amazing content. Looking forward to seeing everybody back here with us. Yeah, it's awesome seeing some of the new, new names, old names that, that are here with us. So the OGs in the space and some of the. The new GS in the space.
Chip
The OGs and the new GS. I like that.
Jeff
And the new GS.
Chip
Don't forget the Fujis. They're awesome.
Jeff
The Fujis with the new GS.
Chip
The new GS. We got the new GS in here. And the OGs. The OGs and the new GS. Let's coin something new. You know, we have to get. You know. You know what's coming next, don't you? On the chain. I'm a new Jeep, I'm a new
Jeff
G. Oh, I like that.
Chip
You can go by, I'm a new
Jeff
G, I'm a new G and I can hang with the OGs.
Chip
A new G hanging with the OGs. Oh, gosh. I do the shows because I have so much fun doing it, man.
Jeff
Here's it. Sometimes the new GS.
Chip
Oh, I like that. The new K N E O W. Listen to us. They see what's happening there. The new. Jeez, I have to make a shirt and put it up there, man. Yeah. The new jeans OG YETI over here. There you go. Thanks. Have a good weekend. Appreciate you guys. We'll be back on the next one, which will be Wednesday. See you guys. Chip and Jeff.
Unknown Political Commentator 3
Oh,
Chip
out for real or start another show? Jeff.
Jeff
Oh, that's right. Are you down with otc?
Chip
Please, like, subscribe and click the bell to be notified when the next video drops. Jobs.
Episode Date: May 11, 2026
Hosts: Jeff and Chip
This episode dives into major recent changes in the conversation around XRP, focusing on its breakthrough into mainstream financial infrastructure as legitimate collateral for institutions—placing it alongside Bitcoin, Ethereum, stablecoins, and treasuries. The hosts also touch on growth in the on-chain economy, developments from Coinbase and Flare, plus broader discussions on financial industry shifts, political events, and current economic policy debates.
“XRP may have officially crossed into a completely different conversation this week.” — Jeff (00:04)
“Our assets, just dollars or US Treasuries. No, it’s Bitcoin. No, it’s Ethereum. No, it’s XRP. No, it’s stable coin.”
— Mike Higgins (curated by CryptoEri, quoted at 07:55)
“Meanwhile, the actual financial rails underneath the system have been evolving pretty quietly in the background.”
— Jeff (01:24)
“Coinbase’s full stack platform is powering it, and the next frontier is agentic and on Coinbase."
— Chip (16:48)
“They make it super easy, man…earn some yield, baby.”
— Chip (24:16)
“There’s no divine right to success… people vote with their feet and you can’t get mad at them.”
— Jamie Dimon (26:32)
On XRP’s Leap Forward:
“Meanwhile, this week we’re hearing XRP discussed alongside Bitcoin, Ethereum, Stablecoin and Treasuries as actual collateral infrastructure. This is really big news.”
— Jeff (00:29)
On Crypto Adoption:
“The funny part is, most people still think adoption means somebody’s cousin finally bought $50 worth of XRP on Coinbase." — Chip (03:50)
Ripple Prime CEO, via CryptoEri:
“So he’s explaining that the major digital assets like XRP will be used the same way institutions currently use traditional assets as collateral for cross-margining, major margin financing and settlement.”
— Chip referencing Mike Higgins (07:55–08:20)
Common Sense Critique on State Policies:
“There’s no divine right to success… people vote with their feet and you can’t get mad at them.” — Jamie Dimon (26:32)
Comic Relief (AI Ads Satire):
“Buses, the metro trains, they will be free from urine, feces, stabbing attacks…”
— Spencer Pratt parody (63:18)
On The Political Shift:
“Europe’s political landscape is changing… conservative parties are gaining momentum.”
— News segment (72:23)
This episode frames XRP’s “crossing the line” as a pivotal, underappreciated moment: its acceptance as legitimate financial collateral marks maturation not just for XRP but for the digital asset industry as a whole. The episode deftly mixes this core topic with vibrant asides—from technical innovations, institutional adoption, and ecosystem expansions, to sharp political commentary and cultural humor—making it a rich, entertaining listen for both newcomers and veterans in the blockchain space.