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On The Chain - Blockchain and Cryptocurrency News + Opinion
XRP SHOULD NOT BE AT $1 — HERE'S WHY
01:40:08
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- [00:03]
Jeff
XRP down 46% over the last six months. Say it ain't so. Well, at the same time, bitcoin's actually down 32%. Maybe it's the whole market. The crypto market is getting absolutely hammered. But before anybody out there wants to accuse us of ignoring reality, let's acknowledge. Acknowledge that reality, Chip. The price action sucks. It really does. Yeah. Here's the question. If XRP is really headed towards tokenized securities, tokenized money market funds, tokenized stocks, tokenized loans, and institutional finance, why is XRP sitting at a dollar? It's a good question because on today's show, we're going to look past the chart and focus on what ripple XRP ledger developers, institutions, and builders are actually doing. And the deeper we looked it, looked this up this week and dug in and deep dove the. The concepts and the questions. Really. One question kept coming up. Is the market missing the story? Chip, you ready to kick this thing off?
- [01:15]
Chip
Ready, man.
- [01:16]
Jeff
All right.
- [01:20]
Chip
Welcome to on the Chain.
- [01:26]
Jeff
Hey, welcome to on the Chain. I'm Jeff. That's Chip over over there. There he is. Today we're actually tackling what may be the biggest disconnect in crypto right now. The market says XRP is worth about a dollar, but the fundamentals are telling a completely different story. David Schwartz is talking about tokenized securities, money market funds, stocks, repos and loans. XRP tokenization growth is accelerating faster than Ethereum, than Bitcoin, than many of the others out there. South Korea continues to rank among the deepest XRP markets in the world. The XRP ledger is preparing major infrastructure upgrades, and Coinbase is building more tools for the next generation of digital finance. Think about that, Chip.
- [02:15]
Chip
I love that, man. And then the question come back, always to the question, right? It's like all of this is happening. The ecosystem's expanding. If institutional adoption continues growing, then we're sitting there like, well, everyone's like, well, great. Well, why is XRP sitting where it is today? You know, crypto's been this roller coaster for 16 years. And despite the fact that we've got a crypto president, we've got a mostly pro, at least on the right side of the fence, crypto pro Congress. And you got the naysayers over there. The fear is never permanent. You know, the headlines are never permanent. We do see the positive changes in the wings. The panic is never permanent question whether the market is accurately pricing what's coming next. I think we. That's what we're really taking a look at here, Jeff, today. And I Said like, you know, why don't we just dive right into it and kind of clear some of those suspicions up? And I think we'll start off with none other than David Schwartz, cto, former CTO emeritus of Ripple, but he is a CTO board member and he kind of puts in some perspective here. Let's listen to what he has to say. This is very interesting, this question. Crypto in one minute.
- [03:30]
David Schwartz
My name is David Schwartz. This is XRP in a minute. How is XRP's utility expanding? Bitcoin got things started by providing a public blockchain that allowed people to hold, hold and transfer Bitcoin. The XRP ledger followed soon after, providing both a native digital asset similar to Bitcoin, as well as issued assets that could represent things like stablecoins or tokenized assets of any kind. Today, enterprises are using the XRP ledger to provide tokenized real world assets. And in the near future they'll be offering everything from tokenized securities to money market funds, even things like tokenized stock stocks. And coming soon, we'll see features like tokenized repos and tokenized loans. Enterprises will provide the features that will attract mass retail adoption where DeFi can truly deliver on its promise of replacing TRADFI and providing the financial services that everyone needs.
- [04:25]
Chip
Boom. Pretty much said it all in one minute. There's a lot, there's a lot done,
- [04:28]
Jeff
packed there, unpacked in there.
- [04:30]
Chip
There's a lot to unpack there, Jeff. But you know, especially when you start, you know, when he talks about tokenized repos, I mean, the tokenized loans, and there's so many different areas that you think about it like, it's kind of like, you know, it's the frog in the, in the pot where it's boiling. You don't realize because it's happening slow over time. But if you look back to a year ago, you look back to two years ago, lawsuit in full swing, and you're like, well, the price action. Well, we saw 350, we saw this. Yeah, great. But where was the positive stuff that was going on for the XRP ledger, you know, and, and Ripple making some really strong moves and sort of decentralizing how, how they're supporting the, what's happening in the community by having several initiatives spread out over five or six or Zodao happens to be one of them and more or less, you know, not taking on that burden and unburdening what has been, you know, if you will. So it's, it's been a positive, it's been a A very big positive. And what's happening with, you know, all of these other offshoots, like you've seen so many new players come into the space offering stuff in and around building on the XRP ledger. And, you know, people are like, what the price action? Well, that's one way to look at it. But the other thing is, is the things that have been missing for years are starting to happen. So I do think that that long term does support the price. And, you know, I used to think, well, maybe we won't see 350 again or four or five. But if the Clarity act is passed, I do think, Jeff, that we will see some really positive movement. Because you, you know, it's, it's. If a lot of this is happening with institutions, institutions have to be compliant, right? They're very worried about what's going on. They don't want to be out of compliance. There's heavy fines, and once they know that, that they're kind of tiptoeing around it right now. But when that passes and again, whatever's happening with the banks and all that stuff, that's short term, that who cares? You know, I don't even care if they ever have stable coins. They want money. And you earn on stable coins because guess what? You can earn on crypto all day long. So just convert it to crypto. It's not a big stopper point that they've been kind of going back and forth. The next thing to happen, Jeff, are going to be taxes. That's the next big thing that Congress is talking about. Four to five new. Now, I'm not actually ready legislation on it, but I see that it's coming. I saw Ellie Terry report on it saying that the next big thing is they want to change how taxes are calculated on crypto. There you go. Bye, bye, bye. If that happens, Jeff, again, we need really positive things. And if you get positive, if there's better tax structure, because look at all the countries. Portugal, for example, there's a bunch of countries out there that are attracting, you know, people from other or, you know, countries come in, you know, bring your money in, bring, come here, live here, contribute positively. Society don't come in government. We know that that doesn't work in the States. Hasn't worked in Australia, where you come and you live off the teeth of the government. No, no, come in with assets and come in and positively contribute. Buy real estate, get involved in your community. This is what they're willing to do. And a lot of what's changed that for a Lot of countries is very pro crypto taxation. In a lot of cases, zero to almost nothing. And that's where you're going to see people pouring into people that didn't believe in it. You got, look at the Boomer generation. You got a massive number of people entering retirement with assets and these assets can be easily converted into Bitcoin, xrp, Cardano, you name it. The, there's so many different things you can go into, Jeff. And what do you, what's your take on where we are today?
- [07:59]
Jeff
Where we are today, man, I, I, you know, we're, we're just at this impetus moment where, you know, there's, there's so many, you know, amazing opportunities that are sitting in front of us, all the chaos around us. You know, we were talking right before the show, we're talking about AI, how AI is impacting us today, how fast it's developed over the past three to six months, how fast it develops month to month. You know, the things that you can do, build, develop, simplify, orchestrate. I, the sky is the limit in terms of, you know, all of the capabilities that are at our fingertips today. And I think it's some, at some level it's, it's overpowering to a point where we're over stimulated by all the surroundings. There's, there's too much, you know, we have this over stimulus, over stimulation or stim. Over stimulated. And you know, because of that we're in many cases we're falling into inaction or inactivity, you know, and so it's almost like a paralysis, right? So now how do we get beyond it with all these amazing things, all the challenges that are facing us? How do we break out of it? And I think that's the, the big question. That's the one thing that, that's haunting everybody's mind. It's like, hey, we're doing great financially. The markets change, the, the global geopolitics shift. Things have to happen. Gas prices go up, gas prices come down, crypto market goes up, crypto market goes down. You know, this is, it's all cycle and you know, the business cycles are, are still present. The geopolitical problems are always going to be present. There's always going to be impact. What we have to figure out is as we're seeing all this noise, how do we navigate it? I had a really interesting conversation with my son yesterday. He's been looking at his, at his stock portfolio, looking at his gains, his losses, his buys, his cells and he's, he's analyzing it and at this point, he's saving up to buy a watch. So he's like, you know, he's got his sight set on, on a watch, and he wants to pull profits out of his stock buying and put that, you know, aside. And so as he's looking, he goes, man, this is, you know, thinking forward on how he can make a job out of, you know, out of trading stock. But, but the, the point is that as we started analyzing it, he said, I just want to buy niche market or niche industry, you know. So one of the things that he had told me, he said that when he saw all the, the conflict in the Middle east breaking out and the US involvement getting ready to go over to Iran, the first thing that he thought about was, we're going over there. I want to invest in, in weapons. You know, he goes, how can I invest in weapons? How can I invest in the military industry? Right? And so he went out and he bought shares that were related to military infrastructure. What are the private industries? So he bought some stocks in that. And then when he sees microchips and the whole conversation with AI is blowing up, what does he go out and do? He looks for chip industry. And so he's invested in semiconductors and chips. And I was like, man, you've got you figured out at 16 what others will never figure out, you know, and some people have a knack for understanding and navigating where you should go, how you should do it and, and have that, that interconnection. That's what we all need to figure out. Right? We have to live in that space. All that noise is always going to exist around us. And we have to figure out how we're gonna, how we're gonna exist and, and continue to exist, you know, within all this. So those are my, those are my two cents, I think, you know.
- [11:58]
Chip
Yeah. I mean,
- [12:01]
Jeff
I ain't being stimulated. Wait, sorry, I was trying to.
- [12:07]
Chip
Here we go right there. So Chad says price will be driven by institutional transaction volume, not retail speculation. 100%. That's well said. And also Alexander the Base. To me, this seems like a shakeout because Bitcoin and XRP are still bullish on the weekly. Yeah, another good perspective. This is what I like about the people that show up here and the perspectives you share. This is what makes everything go, yeah, sure. And Jeff and I are sitting over here doing it, but you guys make this happen. You guys like what you see and everything, do what you can to support it, you know, re. Repost our, our out there. I see A lot of it. I saw Charles always liking our post
- [12:39]
Jeff
and repost, have them buy XRP at a dollar. And that, that's the, and that's another great conversation. What everyone's saying is the opportunity, the buy opportunities are when the market tanks, not when the market's at its peak, but right now are the buy opportunities.
- [12:54]
Chip
Well, this is it here. Ozzy's right here. Ozzy says right here while they're crying, I'm buying.
- [12:57]
Jeff
Right?
- [12:59]
Chip
Never contacted me until XRP first time. Got up to like 192, you know, aside from what happened in, in 2017. 18. Right. But then they're like calling me, hey, we're talking about this xrp. They want to get in when it's going up, when they see something positive happen. But when it's on sale, they're like, I don't know, I don't know. You know, and it's funny because I was looking at Sui and I was like looking at around 99 cents and I said, well, if there's a little bit more shakeout in this marketplace now, it's not around 68, 69 cents, but you got to look at Sue's been over five dollars. It hit over the five dollar mark. So not that I'm an expert trader, not that I'm an expert, but you got to say to yourself, well, if it's gone to five at an all time high, the chances are of getting back during a positive bull run are very good. So you're talking about more than 5, 6x in your, your investment, you know, and again, it's all speculation. Nobody knows for sure. But it's reasonable to say we all knew when, when, when XRP back in 2018 got to 3 over 350 is reasonable to say, well, yeah, it can probably do that again and sure as hell did. So you know, when you're thinking about your investments, you know, you look at eth being 4, $300. Okay, well, there's a lot of shakeout that's happened with ETH recently. You saw the bankless guys, they're always a pro ETH podcast. And one of the bankless boys with the giant headphones, by the way, giant ass headphones and giant ass glasses. I don't know if it's a disguise. Used to be like when you're in the 70s and 80s, used to wear those glasses with the giant nose. That was your disguise. Now it's giant headphones and big goofy glasses. Anyway, I kind of got off on a little tangent there, but just think about There's a lot of stuff going on the market and what your son's looking at, at such a young, most people that doesn't hit them until their 40s, 50s, and they're starting to think, oh, geez, I should probably start thinking about retirement. And so for him to be thinking about this now, like, I went in and start, I go in there, I analyze all the time, and I cannot believe the gains. I'm almost at 30% on one account, and I'm like, yeah, a little aggressive, but again, the same thing that, you know, your son's looking for, I'm looking for also. I'm kind of looking where the play is now. Something big is happening. SpaceX IPO is happening next week. Now, if you know what's going on with SpaceX, first of all, they just signed a billion dollar deal per month. They did with Google. They signed over a billion dollar deal with, with, with Anthropic. So you're talking about $24 billion a year that's getting paid to them to use their data centers. Now, who would have seen this coming? This is like you're talking about that money coming in. You know, it's like if you have this extra space, you have this capacity, it's not full, so what are you going to do? It's kind of like people that buy real estate, you go buy this, hey, I'll buy a second home. But we're not going to be there all the time. So we're going to Airbnb it, right? So we're going to take the investment. We're going to make money on it. So he's out of this space. I'm like, $24 billion is getting paid to SpaceX to use their infrastructure. This is insane. And what's being, you know, rolled into everything, rolled into the sort of spaces. So the IPO used to be, I think it was capped at 25K. They've now lowered that to 2000K. So $2000, you can get into this IPO. So if you're looking at trying to get in this ipo, like, where is it going to go? I don't know, but it's probably going to be the biggest one. Now the bigger ones they'll look, keep your eye on, are going to be anthropic. Now if Anthropic goes ipo, you're going to see something go through the roof. You thought Nvidia was interesting. Parabolic will be the, you know, in, in when you see the. Them, you know, Kapathi just went over there, he talked about the guy, the co founder of Open AI, he led over there, the. The AI initiative over at Tesla. And now you got this guy who's the guy that. He's the guy that coined vibe coding. He's the guy that coined. He's like, sort of like this. And so he's over there looking over product and you have this massive race. And the best thing that ever happened to AI in my opinion is the same thing as the crypto market. The crypto market. If you had bitcoin, I've got bitcoin. Okay, what does it do? It doesn't do anything. Okay, but it's bitcoin. It's worth a lot of money. Okay, but then you said you saw people like, you know, David Schwartz and some of the original people who looked at bitcoin says, what isn't right about bitcoin? Let's make that right with xrp, right? So they go ahead and they, they have this trajectory for what XRP is going to be. Then there's all these other offshoots and you have all these other transactional type of problems being solved in the space. If you don't have that competition, you're not driving innovation. If it's just. If all we ever had was bitcoin, I don't know what bitcoin would be at, you know, in the highs of 50, 60, $100,000. It's the competition around it that fuels the entire market. So the same thing's happening with AI, you know, open AI, the same thing with anthropic. These two guys battling it out. Codex is better. No, Claude, code is better. No, this is better. Oh, I like this one. And then, and then all the vibe coding things like all of them like replit and you know, you have lovable and all these other side sort of initiatives. People are like, I have me people that are like, no, no, I'm only replit. I have our showers. You know, you like your ecostruck. There's enough room in it. Well, guess what? The same is true of the crypto market. People have the favorites, right? They have this little ecosystem they live in. So it's the same tribalism that happens everywhere. So you have tribalism in, in, in crypto and you got tribalism in AI Jeff. Everyone has to picks their favorite horse and they're like, no, you're not going to convince me otherwise. And I see people arguing on that surprise. Like, why Codex? No, Codex does this. And Codex just rolled out apps and you know, it's, it's fun to watch, Jeff. And I mean, 99.9, maybe percent of our conversations are all about what we're building and what we're doing with AI, it's the most fun. I've never had more fun in my entire life. I've never been more excited in my entire life. And if you want to build anything you have an idea you want to solve, man, jump in. I remember the time when I started building something and I, I, I said, jeff, I don't know what you're doing. Stop whatever the f you're doing right now. Go to get Claude code and start building something. Remember that, Jeff?
- [19:04]
Jeff
Yeah.
- [19:04]
Chip
Jeff went out and built something freaking unbelievably cool that I was like so blown away by. And he continues to do so. So that's our thing. We trade off about what we're building for our companies. And, and, and it used to be, I used to think, I didn't even have those ideas. Like, I would just say, like, hey, you know what? I'm searching for this, you know, search online. Is there a solution for it? I just build it now. That's where we're at. That's the junction we're at. And right now, the pain that you go through, Jeff, is changing it.
- [19:31]
Jeff
It is, it's amazing. It's truly. It was funny. I had somebody stop by the office yesterday. He had to use something that we have over there. So, but anyhow, so he came by and he was, he's been telling me about how the fact he's built, he's trying to build a trading bot, right? And so he's going through this orchestration, he's been writing it in, in Python. And so he's building this whole thing and he's been running into some roadblocks. And I said, well, how you, how you building this thing? And he's been testing it and, you know, he's, it's for options trading, whatever, you know, can't get into the details of it. He's written all the code. I was like, how are you putting this whole thing together? Right? The guy is an IT background, but not a coding background. So he tells me he's been using chat, he been using Claude to, to, to write the code. I said, how are you having it write the code? Like, why aren't you able to figure out what that issue is? Are you sending it back into cowork? He goes, what's cowork? I said, how are you coding this thing? He goes, I'm using the, I'm using Chat to code it. I was like, man, let me show you something. Yeah, he's using Club, he's using in Claude Chat. And I said, let me, you know, what are you doing about your MD files? How many MD files do you have? He goes, what, what is a MD file? What are you talking about? He goes, because I, he keeps having the cyclical conversations. He goes, chad keeps forgetting what I'm talking about. I was like, you're in the wrong place, you know. So I went to and I said, listen, give me your idea. I set up a project in chat and I said, give me your idea. And I said, now give me all of the MD files that I need to hand over to Cowork that I need to put in this project folder to build this project. Boom. 11, 12 different MD files. I said, watch, boom. Grab the MD file. And it says, then Chad says, I need six in my project. The rest you're going to put over into. Into co work. And I said, okay, great. And I said, now. And I told him, I said, look, now I just built the brain of your project. This is it. And we're there for like 10 minutes, right? And I just built out his entire brain. It brought, put all the architecture around what he needed. Now he's coded all this stuff and he's built it and it's been functional and he's been semi trading any, any APIs over to Alpaca, I think it was, and, and so, or he's using Alpaca to API bridge over to his trading platform. And so whatever. So we put this whole thing together and I said, now that you have the brain, now as cowork, how to figure this out, deep dive your problem and you're going to figure it out. And then I told him, I said, now have code tell you or have co work in code explain to you what back end. I said, where are you running the back end? And he, and he's trying to run it out of his, out of his, his prompt, right? And so I'm like, what are you doing? Like, I, I don't, you know, understand how you're running this out of a, out of your command prompt. So I said, now code and co worker are going to tell you where it needs to live. There's a chance they might have you connect to Vercel. You definitely need to get GitHub, right? They said, number one, go home, register for GitHub, register for, for Vercel. You probably need supper base because you have a lot of data that you're Going to be tracking register for those. It might have some have you connect to something else completely. But those are my initial thoughts of a starting point. All free. You don't pay for anything. And I set him on it. And on my way home, I called him and he goes, oh, man. He goes, I already started this whole thing and I started building it. And I said, you do the MD files yet? So what happened is that he took all of his stuff, put it back into the same chat chat, started rewriting his code. I'm like, dude, what are you doing? I said, you need to open up a brand new project, brand new chat, then tell it, build your structure. Then once you have the structure built, plug your code back in into cowork, right? And I'm. And I took a step back, I'm like. And he's just like, oh man. He goes, can you. Doc. Can you make a video for me with all this? And. And I take a step back. I'm like, man, I've been at it. I don't know. How long have we been doing this? What is it, like 60 days, 30 days?
- [23:41]
Chip
Yeah. Maybe 45.
- [23:43]
Jeff
Yeah, yeah, whatever the. So I take a step back, Chip. I'm like, damn. I'm giving this guy a tutorial on how to use Claude's code.
- [23:52]
Chip
How much you've learned. That's it. I mean, like, you know, honestly, you know, a lot of it came because, you know, early days, guys, we all watch crypto videos and we still continue to watch crypto videos. I haven't watched a crypto video. And I mean, I watch Aries videos. That's about it. I mean, I watch your videos and I see everyone. I just don't have the capacity to. To. I don't. To. Not that I don't care, but I like. But what I've. What I've seen is that if you really want to start coding, there's so many amazing like what you get in one YouTube video. I follow like at least 40, 50 people. They all have different levels of what they. But some of the ones that I follow that have. They just give you everything, right? This is what I do. This is how it's done. You click this, you click that. You're the below like all of that stuff. And if you guys are wondering, the MD files sounds markdown is just a language. You know, you've probably seen it two, you know, asterisks before and after a word bolds it and hashtags it puts it in a format that's friendly to be read by a computer. And if you think about like in a traditional sense of development, these are like requirement docs. All of your requirements go into it. And then a lot of this stuff is augmented by skills which are you're not having to write these giant prompts anymore. The skill, if you put things around skill. I have a naming thing where I just start a new company and, and one is all about branding. And it's a massive skill that helps Claude understand what it's looking for. And if it's designing something, the same type of things and these markdown files and there's a Claude md which is very important. It's a smaller file but that's your brain because people think people are working with it and you kind of have these weird interactions with Claude and it tells you stuff. And I gave it a handoff one it told me that I was heavily opinionated that I really like things a certain way. I'm like, listen, I'm like, this is how I'm like, make sure it's very detailed. And it's like the first paragraph is all about me. And it said at the end, do not tell me to ever take a break. Sometimes it'd be like, hey, you want to take a break? I'm like, dude, I've been at this an hour. We don't even know how to take a break. What is this? What is this? And it's like it's not sentient. It doesn't think for itself. It's, it's all, you know, based on what you do. But sometimes you can lose that perspective and think like, well, I'm interacting with a person but it can act as a mentor. But I would tell everybody if there's a project you want to build in around crypto, you know, go send it to the XRPL docs, right? These new docs are being written. I co hosted a space with Jenna the other night on Thursday night at 8, 7:30. We do a space every week. We had on Daniel, he's the self imposed XRPL CEO. But I mean on a bigger level Daniel is like Daniel and, and Chris are putting these docs together and you send it to go look at the docs. You don't read the docs. You tell it, hey, these are the docs. Bring down what's important. Go study these docs. Make a, make a document on it. And then if you want to build something on the XRPL and you said, hey, I have an idea, would it be cool if this and you need funding, great, come Join Zao Dao, write a proposal and get the funding you need. But honestly you can do a lot of this stuff yourself. You know what you want to write. You can actually most, a lot of the projects right now are being either mostly generated or a good portion generated by AI. And what we're seeing happening to the Ripple team, the Ripple Dev X team is what they have employed institutional type AI that specialize in an area of security or whatever, being able to find the bugs. Because with the zcash, it was Claude that found the vulnerability that had been there for a long time now. Nothing was stolen, but the whole point of having this vulnerability be surfaced ended up just causing a massive sell off. People got scared and whatever, but it was only, it was Claude, I think 4.8 that ended up finding this vulnerability. And so AI being able to do things and connect dots that humans can't. So this is, I think we're really in the, in this brand new sort of phase. But guys, if you wanted to build something, you had this cool idea, don't let it stop you. Jump into Claude code, jump into Codex on the, on the, you know, anthropic is code, is Claude code. And if you jump on the open AI, they've got Codex, which is new, I think it's not even 60 days old and they're doing a ton of stuff too. So either jump into either one of those, start watching some YouTube videos and start coding, start building. You're talking to your computer and if you know enough of what you're looking to build, let it figure it out, let it test it. I did a whole security audit on something I just wrote and it came up with all kinds of stuff. And then I loaded some custom skills and some, some other MD files that were. I don't know, I don't. How am I supposed to figure this stuff out? I don't know anything about it. Anyway. Jumping back on Jeff, there's one crypto expert probably I should listen to. Very early days, and this is an old video, but maybe we should have listened to this guy. You guys tell me, should we have taken this guy's advice or should we not have crypto?
- [28:29]
Crypto Expert
You don't need the anxiety. Before you bought a bullshit fantasy coin, your life was good, but then you made some money and became greedy. Now the bullshit coin is fucked and nobody can tell you when it is going to be unfucked. Even the motherfucker who convinced you to buy the bullshit coin, who told you that it is going to be the next big thing that Motherfucker is nowhere to be found. You are on your own and all you can do is cry about it in the shower and hope and believe that your bullshit coin will go up in price again so that you can sell it and make some money and buy some more and then get all over again. That is crypto.
- [29:23]
Jeff
Geez, Jeff, I love that guy. He does so many. He's so fun.
- [29:27]
Chip
Every time that comes in my feed, I've seen it for years. I. I have to watch the whole thing because it's that good.
- [29:32]
Jeff
It is so funny.
- [29:33]
Chip
It is that good. Anyway.
- [29:34]
Jeff
Hey, here you go. Here's Elliot. Ellie and Tron said I stumbled across Vercel and was able to build an XRP tipping site that uses Zombin. That's kick ass. You need to share that. That's awesome. Stuff like that. You know, we start building out. If you think about, if you're passionate about crypto and you have an idea of something like that, you want to create a tipping site and build in and you could leverage, you know, multiple different types of exchanges. Right. And different wall. All these. Whatever the. The passion is, man. You guys, we should have a section here where people come on and share their, and share their, their whatever they're building like that within crypto utilizing AI
- [30:17]
Chip
we're going to turn this to a, a crypto geopolitics. It'll be two or it'll be a two hour podcast every time.
- [30:26]
Jeff
That's right. Why not? I think it'd be. I'd be exciting. Look at. Elian said I had to learn a lot more about zombie that and that's the. This is what's so amazing about it. You learn so much about all the different aspects Claude has.
- [30:39]
Chip
Well, you don't need to learn. You know what I, what I see
- [30:43]
Jeff
you end up learning.
- [30:44]
Chip
Yeah, we talked about this before. It's like it's. Crypto's not going to take jobs. It's just you, you have to have a high degree of functionality and enough business experience and working in the world to understand what is and what isn't. And this is where you have to be able to discern between what, what a direction it's taken. It's not sentient, it's not thinking. It's all based on what you fed it. It's as good as what you fed it. And Jeff's example of his friend that comes in and it just started building, got so excited about. He missed a lot of the fundamentals and that's why he kept getting this endless loop of, of, of not growing and get anywhere because it would forget stuff. It doesn't have a memory. And even when you get Eclipse 100, you know, on the Claude side, if you upload 100 screenshots or images, you have to create a handoff token, a prompt. It has to start all over so or it has to go through. A lot of times I'll point it to the, to my, my docs and say hey, I want you to read through all these and read through it. And it's funny because you'll even get some, you'll even get some disagreement between like maybe the way Claude or cowork's working and then even Claude code, they sort of have their own abilities to take a bunch of data and come up with different solutions. And so we think about what's going on the xrp, you know, sort of world. Evernorth said the real world tokenization on XRP networks growing faster than Ethereum this year by more than twice the a.m. it's also reached a comparable total asset value in less than half the time as Ethereum. Now this is big. We don't thought about this is why these cool things are happening. We're like, oh, but the price is going to go under a dollar, you know, full download in the behind the Tokenization League tablet report. You know and if you think about like what they're talking about here, they're, they're going through with their filing like this Evernorth was just announced, you know, sheesh. Burla left, he started this, this, this thing. It's, it's now going public. You got, here's a great thread. She's Burla. Bitcoin sold this. One of the most traded coins in the country wasn't bitcoin. It was XRP on upbit. Korea's largest exchange. XRP KRW consistently ranks among the top traded markets, has repeatedly topped both bitcoin and EAT on heavy days. Seoul is one of the deepest XRP markets in the world. And here's what I saw happening on the ground. And you go there he is right there in the center. And he goes on to say that Korea's biggest financial institutions are buying their way into exchanges, not building around them. Mariah Asset has reportedly acquired a 20 stake in Corbett. Hannah is reportedly moving on up it. And then one of the country's largest brokerages now has crypto Rails as its core infrastructure. And Murray is one of the largest investment banks in Korea. They led a panel on financial systems rebuilt around digital assets. Think about that, Jeff. Financial system rebuilt around digital assets. And then the Batman's going like, what about the price? Hey man, this massive stuff is groundworks being laid in the background. So when the incumbent runs the panel, the experiment phase is over. And that's. This is so perfectly said right there. The other tell was when the bitcoin conference and the floor was full of tokenization and real world asset panels. Ando on tokenized treasuries, SBI digital markets on tokenized music. The energy around moving real assets on chain, most of which bitcoin design cannot natively support. And again, this is the whole reason of having these other, you know, other systems and blockchains that can solve these other problems. And bitcoin's not going to because it can't natively support it. And if you think about the conversation has moved from what coin do you hold to what can your chain actually settle. Tokenized assets need throughput, low fees and finality. And that's a market structure question. It's not a tribal one. And despite the crypto winter headline, Seoul felt like summer rooms, packed conversations, deep real builders working the intersection of crypto and Jeff AI. So you've got, you've got all this amazing stuff happening. Wait a minute. Got a little bit ahead of myself there. Here we go. And he says also on a personal highlight, meeting members of the Korea XRP community like time leverage XRP otherwise is. Mr. Moon, am I following here? Let me see. I don't even know if I can get to it. Let's see. There you go. Mr. Moon. Look at a lot of XRP action going on there. Take away the institutions are no longer asking whether digital assets belong in the system. And everyone's missing this, Jeff. This is exactly what we're talking about. They're deciding which infrastructure to build on the shift is what we've been waiting writing for about all year. XRP volume over bitcoin via up. It's just massive. So I love this take by Ashish and I think it's important to note these things that we miss that are being laid in the background. Is it going to reflect in price? It has to, man. You're talking about the used to be like, well, the. I don't know the trade file will ever go into you, you know, traditional crypto. I don't know if this is going to happen. Well, dude, it's happening everywhere, Jeff.
- [35:44]
Jeff
Everywhere you look.
- [35:46]
Chip
It's everywhere and anywhere that you want to be. Here's something that's interesting and Jeff, I've wondered about this for a long time. This is interesting. So XRP Ledger Operations posted this XRP Ledger 3.2.0 is coming soon. The core system software powering the XRPL is changing its name from rippled to XRLD. And I've like always wondered why would it be called Rippled? Right. We the ripple was this is what gets confusing for people, the company versus so it makes a lot of sense by the software being called xrpld not Rippled.
- [36:26]
Jeff
Right.
- [36:27]
Chip
We see the updates update your ripple. It's like why? What do you mean? The transition will require some updates for infrastructure operators. We're preparing a detailed playbook to help you through the upgrade process. It's this is more on point for what it is the XRLD. There you go versus rippled. I always wonder like why are they. Why do they call it rippled? And I guess they started wondering themselves because they sort of got off that Brian Armstrong from Coinbase who's been hated by Jamie diamond apparently called him an or something and that interview with Barcelonoma, he said that their new Coinbase dev portal is looking awesome. It's the best place to build in crypto. And you're like what? Yeah, it gives access to all our powerful developer tools, wallets, payment APIs, X402 etc in one dashboard. You can even launch a branded stablecoin backed 100 by USD. So when we start seeing this kind of stuff happening Jeff, where you've got the ability for a common person to go in there, start building something that's pretty amazing. So here's a little bit of what their dashboard looks like.
- [37:33]
Narrator
Coinbase developer platform is the infrastructure layer powering the crypto economy. Here's what it looks like. It all starts with custody. Create custodial wallets, link an existing Coinbase prime or business account and provision non custodial wallets. Flexible infrastructure to match how you want to hold funds. Using our holistic payment APIs, you can support stablecoin on and off ramps, pay in and payouts, settlements, treasury management and acceptance across your accounts in real time 247 with x 402 you can engage directly in the agentic economy. If you need our fully managed solution. Coinbase provides end to end access to our global compliance infrastructure onboard your individual or business customers and give them access to payments, custody and trading all under your brand. Want your own branded stablecoin seamlessly issue a custom stablecoin backed by USDC and manage Mint Burn rewards and transfers directly from the portal or through the APIs. All of these actions are backed by Robust observability, Webhooks for real time event notifications and scheduled reports for reconciliation. Finally, before you go live, test every workflow end to end in our sandbox environment so you can build with confidence before your first real transaction. Coinbase developer platform the best place to build in crypto.
- [38:47]
Chip
I mean this is pretty amazing, Jeff, that Coinbase is even offering this. Launch your own stablecoin with a series of menus and prompts, jump into a sandbox, test everything out and boom, you got your own stablecoin. It's really remarkable. We're living or still like wow, all right. And the fanboys are going thousand dollars by Tuesday. I mean, talk about what's really happening in crypto, what's really touching people.
- [39:12]
Jeff
Kuala Lumpur.
- [39:13]
Chip
Kuala Lumpur, Nice. Who's pretty good man.
- [39:16]
Jeff
But you just brought up something interesting. If somebody wants to build a stable coin and you have some ideas and we talk building in crypto, but you want to take it to that extent and you want to build out a project and you want to infrastructure like that, go over to AI and be like, hey, how do I do it? What are my steps? Walk me through the steps and then you build it.
- [39:37]
Chip
True story, true story.
- [39:39]
Jeff
Connect all the dots.
- [39:41]
Chip
Armstrong said this. Still think that or feel that because bitcoin is, is down. Crypto's on derivatives, perps, stable coins, prediction markets are all up in crypto. Crypto touches every area of finance.
- [39:54]
Jeff
That's right.
- [39:55]
Chip
Other than bitcoin now. And so this is good hearing this from someone like a Brian Armstrong, who traditionally was a very heavy on bitcoin, but he's saying there's something very important. Crypto touches every area of finance. You're seeing the same messaging happening across the sphere from a number of leaders, from people that own these, you know, people like Brian Armstrong, CEO over there at Coinbase. Ashish Burla, CEO of Evernorth, you're seeing the same thing. You're seeing the same stuff come out of SBI over in, in Japan. You're hearing about what's going on in Korea and people are still stuck on the price. Guys, give it some time. And you know what, if you think, if they think good time to buy, like Ozzy said, hey, people are crying, I'm buying. Right? Crypto touches every area of finance. Don't let that be something just discounted. It's much broader than bitcoin. It'll take time for this to sink in. Saying the same messaging we're saying, Jeff. And yes, bitcoin's going to do great. It's going to be important as ever one of the money cycles we've been through. But it is funny that the people that have been around for years are still like oh I don't know, maybe the whole market, maybe crypto's never going to make it now on the downside, Poly market's been pretty fair with stuff. Jeff. Look at that right there just in. XRP projected to crash below a dollar by the end of the month. A 54 chance and you can bet on that and the product on the. You know, whether it's gonna go down or not. I mean what's it sitting at right now? Do you have a.
- [41:18]
Jeff
What's that?
- [41:19]
Chip
Xrp. Where's XRP sitting?
- [41:21]
Jeff
A buck eight.
- [41:23]
Chip
Yeah. I don't know. Maybe. Maybe it's already below a buck. I don't know. But again it goes to 3.3x man. You go to 5. Boom.
- [41:31]
Jeff
So there's a lot of XRP price action right now. How come it's not coming up? XRP price is at. It doesn't even want to tell me. What should we look at here? Let me just go to coin Gecko. I like pulling it up on Google and then doesn't want to pull up here.
- [41:54]
Chip
Point gecko. I got it up here. The coin Gecko for Bitcoin dropped from 70 something from last week. ETH is down to 1500. Let's see. XRP is a dollar. Solana sitting at 62.
- [42:11]
Jeff
XRP is a buck 10. Interesting.
- [42:14]
Chip
Wild huh? Stellar is at 20 cents. Holding strong from its little 374.
- [42:21]
Jeff
It's amazing that it's holding tight like that.
- [42:23]
Chip
I mean Canton's a big one. I think is going to go well over two, three dollars at some point. Canton is sitting at 15 cents. I don't know man. Could be a very good buy right there. Cardano's at 15 as well. Monero's at 300. Just under 300. 739. Yes. You've got a lot of this. Hedera sitting at 7 cents. Avalanche is just under $7. What else we have here? Shiba inu jazz 045.
- [42:53]
Jeff
What is it at now? The Shib.
- [42:55]
Chip
The shib. Well I think 00000. It's five zeros four five four two.
- [43:06]
Jeff
Wow. It's in the fours. Remember that was in the over eight.
- [43:10]
Chip
$14. What else? World Liberty at point zero five. Polka dots at 9.95 cents. Geez, that was pretty at one time. I remember 40, $41 down to 95 cents. Geez that's a tough one. Ondo at 32 cents. You know, let's see what else we have. I'm trying to look. I. I can't believe PI is still a thing. 12 cents.
- [43:36]
Jeff
Pie's still around. I thought the PI project got expensive.
- [43:40]
Chip
For the longest time it wasn't worth anything, but now it's worth 12 cents. I don't know what's going on. Yeah, seriously.
- [43:46]
Jeff
Wow.
- [43:47]
Chip
Ave is sitting at 62.
- [43:48]
Jeff
I don't know where my pie is anymore.
- [43:52]
Chip
I don't know what happened to mine either. Algorand is it at 9. So, you know, just look, it could be a lot of buy opportunities going on there. I mean, for sure,
- [44:00]
Jeff
without a doubt. There's definitely some buy opportunities hanging out there. You're in that mode. I mean everything's hitting these lows across the board. We're getting hammered.
- [44:11]
Chip
Somebody came with the new logo for eth Looks like that Jeff. There's a new logo.
- [44:17]
Jeff
That's great. That's exactly what it is. That's exactly it. That's how he came up with it to begin with.
- [44:24]
Chip
It makes an empty wallet.
- [44:29]
Jeff
No, that's great.
- [44:31]
Chip
That is fantastic.
- [44:32]
Jeff
Oh, I hear the coffee brewing out there.
- [44:36]
Chip
Look, you're streaming live. XRP should not be at a dollar. Here's why.
- [44:39]
Jeff
Who's streaming?
- [44:41]
Chip
We are.
- [44:41]
Jeff
Oh yeah, that's right.
- [44:43]
Chip
Oh, that's right.
- [44:44]
Jeff
Streaming.
- [44:45]
Chip
Gotta remind you of the streaming. A dollar 95. Yeah. See that? Dollar 9. Dollar 10. CMC dollar 9.95. There it is. Yeah. So it's sitting right at nine and a half cents. Up and down, up and down. 110. There it is. Yeah. Chances that I go down. I thought 106 was good on some last night. There you go. A dollar nine. So that's the. I don't know if you put this one up here. The narrative coming from the bank of England and other central banks. Look it. I. I don't see how central banks are going to survive this. The same way that regular banks are not going to survive. The central banks are. Is. Is theft on a level that is that there's a reason the founders. The United States did not want central banks. That's why the first two were eliminated. I think if Trump is doing what he should be doing this the. The Federal Reserve should be. It's not a federal and it's not. There's zero reserves. It's never been audited. And if you think about the fraud that's going on in the United States, a third to 40% of all things happening in the United States is all fraud. The fraud's being exposed, people are bank, you know, disappointed about it. But hey, you know, the democrats are fighting any legislation to fraud. Yeah, well when you get, when you, when your party gets fueled by it, you know, goes out to some NGO and the NGO funnels it through 30 other things and it ends up back in your coffers.
- [46:11]
Jeff
That's right.
- [46:11]
Chip
$1.59. That's how it works, man. It's exactly how it works.
- [46:17]
Jeff
So, so hey, so who's crypto also asked us what do we think about tokenized bank deposits making stable coins obsolete? And it's kind of an interesting idea if you're able to leverage other deposits that are, I mean essentially your stable coin has to be backed by a deposit. It should be, I mean you should have a one for one valuation. It should be in an account, but it doesn't necessarily. Even though it's trading in USD sometimes they, they were managing a basket like tether was backed. Supposedly they had issues at one point when they audited them, but they were backed by not just US dollar right. There was, the valuation was US dollar one for one but the, the overall, the backing was I, I guess they had multiple different types of assets. What do you think this is, this is where it gets challenging. What do you think Chip? You know, overall, you know, if you look at usdc, we look at RL USD, should they be backed one for one with a US dollar account? Can they hold in different asset categories even though the, it. The value of the stable coin is pegged to the USD from a valuation perspective. But they still need to have backing somewhere, right?
- [47:38]
Chip
Yeah, I agree. I'm not exactly sure that that see tokenized deposits will make them obsolete. You know, I think, you know, I think it's more about like, if you think about like the banks can't ignore stable coins and I think the banks are already going to embrace them. And if you think about tokenized deposits, you know, I think in some respects it could be good for like institution, you know when talk about regulated finance and all that. But we've got at least a lot of countries already have that in the in works or in play. And if you think about corporate treasuries, you know, like settlements between banks type of thing, collateral payments networks. Yeah, maybe. I mean I think banks would love embrace that idea because they're like hey, the deposits stay with us. They're going to be happy about that. But on the other side of it too, what stablecoins provides I think more is like, you know, it's first of all it's global. You're not restricted to maybe like a, you know, a country sort of a bank or like a, let's say even a central type bank. You know, the fact it is, I mean think about who participates in the system. You got everybody from like fintechs merging markets, the D5 side of it. So I don't necessarily know that it, although it is interesting, I think the banks would probably be pushing more of that. But the tokenized like J.P. morgan's of the world, they would probably be like really pro on that to be like, oh yeah, this is the greatest thing since the world. But I don't know, what about liquidity, what about movement, what about settlement? I think that's always going to be a key issue. And how are Coconai's bank deposits going to compete? Right, the way stable coins compete. The way that the finality of you know, quick transactions, low fees, banks are going to want high fees. That's the been the biggest obstacle. So what about the tokenized deposit? Sure, you tokenize it, but to your point, Jeff, it's like they still got to be back with something. So if you tokenize a dollar now you've got a tokenized version of that that's now digital. You're kind of just renaming it in a certain way. But can it do all the things that a stable coin can do? Right now you've taken something that's traditionally, you know, $1 USD or a pound or an Australian dollar, a Japanese yen, whatever. Now you're saying, okay, there's a tokenized version of it. But how does that compete with what stable coins are really good with, you know. Now could it become the settlement layer for maybe institutional maybe. I mean especially dealing with like the big J.P. morgan's the World. But I still think you have stable coins and most of them are really paired to the US dollar, Jeff. I mean I think like when I think in terms of that, I don't know, it's, it's the tokenized deposits would be like the bankers saying yay, look what we have. But I don't think they're going to be able to compete. And if you think about what the stable coins really are, it's all about settlement across, you know, of what's happening. And I just don't know. I don't think they could ever catch up or, or even gain attraction. But maybe institutional. But who should bring up a really good question. We'd have to see how that pans out, but I just don't think it's going to be able to catch up. And I don't know, the banks touting their, you know, hey, we got tokenized, you know, deposits I don't think people care about. I don't think people would be so pro to jump in with the banks. Yeah, obviously the JP Morgan's of the world, you know, the Goldman Sachs of the world. I could see them embracing that, but they're not even embracing it now and I don't think they ever will. I don't know, I just see it as like a long shot type of thing. Will it happen? I think yeah, we're gonna see that, but I don't know if it's going to gain the attraction.
- [51:08]
Jeff
You think stuff's happening.
- [51:11]
Chip
It's. It couldn't, it could potentially gain that attraction. But anyway, we're going to pivot over to some geopolitical stuff right here. What's been really funny about these, you know, Trump decided to redo the, the reflection pool, you know, and it, it's been broken for like 30 years. And Obama tried to fix it back in the early 2000s and $33 million and three years later, within a month it had massive amount of algae and smelled really bad. I mean it hasn't been fixed. Like this is the things like if you're gonna pick, if you're gonna pick a hill to die on, beautifying a DC is probably not that hill to die in. Right? You can't be orange man bad 24 7. You can be against his policies, but who is against having it beautiful. Now here's a liberal talking about it. Thought it was a stupid idea to
- [52:02]
Jeff
paint the reflecting pool.
- [52:05]
Chip
But y', all, it looks good. It actually looks really good. Like it makes the reflection look extraordinarily prominent in a way that it did not look before. And I hate that. Things to see. See it right there, the reflection on the bottom. She hates that, Jeff. She hates it because she's a liberal and she can't admit that that was a killer. She hates the fact that she likes it. And it's like every administration is going to do something. It can't be 100 wrong. There's gonna be a couple things in there. You get some wins. Why would you fight against it? Why would you be against the cost three or $4 million versus and, and done within a couple months versus $33 million. I saw some, some lefty over there and said, oh, I can't believe he painted it blue. And it's it cost, you know, all this amount of money. I'm like, well, Your guy took three years and $33 million and it was broken within a month. So you didn't fix the problem. You cleaned it out and you just filled it up with water again. If you didn't clean it out, you didn't seal it properly, you didn't have some kind of filtration in there. Because if it's just standing water, of course it's going to grab algae. It's got to be chlorinated. It can't be city standing water, you know. But again, Jeff, sometimes people, they, they go all in on the stupid stuff. It's, it's unbelievable, man. It really is a head scratcher. I don't know why people do that. And there's so many parts of D.C. that have been, even monuments that have been just like 100 years of decay. And they cleaned them up and they went in there and made them nice. What are you bitching about? Get in line with that, you just look like a partisan hack. And, and thing is, DC's beautiful for the people. It's not, it's not benefiting any particular party. And the things that should be non partisan somehow, I don't know what it is, Jeff. Everything becomes a prominent sort of a thing. And then we, the massive amount of fraud. The Southern Poverty Law Center SPLC is just another here we're thinking all this stuff is ground roots, it's organic and it's all manufactured the left. Jeff, listen to this report.
- [54:22]
Jeff
Do you know what the snap fraud rate actually is? According to the most recent estimates from usda, the fraud rate.
- [54:30]
Chip
Well, that is based on data we're
- [54:32]
Jeff
receiving from the state.
- [54:33]
Chip
This is funny. It's a little different story. I thought it was a different video, this, Jeff, talking about what's going on with fraud. Why are the Democrats against every. Because orange. Because the Republicans are pushing it. This is nonpartisan. Not. The fraud kills all of our budgets. It raises our taxes. Like, why would you be against that, Jeff? Why? Can anybody understand why that is a, is a problem?
- [54:55]
Jeff
I just, they're, they're against everything that is normal at this point. I mean, they're so far, you know, fringe. It was interesting seeing Kim Jeffries was being interviewed as he was walking and they were asking him about Ilan Omar's corruption. And you know, what he thought about it. He goes, oh, I don't know anything about it. And she asked, so what about the winery that doesn't exist anymore? I, I don't know. Anything about it. But what I am focused on is there's too many people that are attacking her. And, and the right is making up stories about her. And then she said, well, what about the going from 30 million to a hundred thousand and calling it an accounting error? And, and he kept, keeps, you know, focusing back on this idea. It's like, can't you just say, look, you know, there's something, you know, potentially something there, but that's what the court's for. You know, this is where it's going to be hashed out. You know, let's take it out of just media hype. Let's dig in and see what the reality is. But nope, I don't know anything about it. But, you know, I know that there's all these conspiracy theories. There aren't conspiracy theories. That's exactly what happened. It's exactly what happened. Now, you know, let's dig into the, the back end, get her actual story, bring her in front of a court of law. Then let's figure out what exactly happened. I mean, that's going to be the reality of it. If she committed fraud and was reporting 30 million, but now it's a net worth of 100, or does she have 30 million and now she's defrauding the people and saying she has a hundred thousand? Like, what exactly is happening? Where the money come from? Where did the winery come from? Why did the winery not produce wine? Why was it a slush fund? Why was money being moved around? Paper money? Not paper money. Whatever it was, is that paper money in order for her to go out and buy other things and leverage the paper money to get other property or other, you know, there's, there's all sorts of ways to finagle the system. Just like the Hunter Biden payoff with his artwork, and they're buying this ridiculous artwork. And it's another way of moving money around. And you know, then somehow the whole Biden crime syndicate, as they moved funds and money, and then it just gets ignored, it gets swept under the carpet because a lot of them are doing the same type of orchestration. Book deals is an instant way of moving money to somebody. If you remember Obama when he was first running, he didn't have any money. And so they, he supposed he had a book. He got a book deal. He didn't write the book yet. They fronted him a million dollars on the book deal. It's like, come on, like no book, here's a book deal, here's a million dollars. Good luck, right? You don't Even have to write the book or you have a ghostwriter write it next year. You know, I mean, it's just like this. These are the things that happen. It's. And we got to put an end to that type of stuff.
- [57:47]
Chip
Yeah. Fuma Boy Z says the people are given the narrative, don't live in D.C. the residents of D.C. are happy with the changes. And I've noticed how they never talk to people who actually live there. That's a very good point. Really don't. And then Devon Steve says these lefty types should look into that pool and reflect on their ideology. That's a good one.
- [58:04]
Jeff
They should.
- [58:06]
Chip
Reflecting on their ideology is probably a good one, but they don't even see it as ideology. This is what happens with ideology. People say, like, oh, the ideology. Yeah, you're. You're right. All ideology breaks it. I said, well, let's just bring it down. The last reason. Let's look at it from a logical standpoint. Yeah, you can see. I can see the other side just don't agree with the other side. Like. But just to hate on something for the sake of hating on it, it's a bad move, man. It's. It's a very bad move.
- [58:29]
Jeff
That's right. Before they trash the legacy system, fraud will continue to skyrocket so they can take more cash and buy xrp. That's right, buy xrp. But this goes to the voting too, about everything that happened in. In California, and we haven't even tapped into that yet, you know. So let's see what this is. J.D. vance.
- [58:46]
Chip
Well, this right here, this is the clip that I just played. But Secretary Brooke Rollins was talking about. The USDA has never had access to the state SNAP data, so not until the administration demanded. That's why every figure from years past is meaningless. From the 29 states that did share data, we've already identified at least 3 billion a year in fraud. So just by sharing that data, like, like there's no everything with the government's just like, spend whatever. And then someone finds a way to have a magic computer just sending money somewhere, and no one ever does discovers it. It's so big and vast. J.D. vance said that the VP of the United States said the fraud. If the fraud is really as low as Democrats claim, why are they fighting so hard to hide the data? Why not just work with the USDA to audit and validate where the money's going? Their resistance to us going after fraud is part of why these programs ballooned in the first place. A hundred percent. You know, and if you look at it's so funny, they shut down the usaid, right? Usa. They shut that down and all of a sudden there's no more money going into the Democrat coffers. They have $9 million in the bank account and they are something like 27 or don't quote me on it. But they're multiple millions of dollars in debt where the Republicans have over a hundred million and zero debt. So it again, it's all supposed to be, it's organic and people are donating. Turns out no, it was all fraud non stop from the beginning. It never stops. JD Vance had another banger post about Henry Noak who if you guys haven't been following the story, was a, was a, was a kid who's 20, 21 years old. He got stabbed by an Islam, an asylum seeker. The cops showed up and he, they said he was saying I've been stabbed, I've been stabbed. Because then the copper says they released the body cam footage. He says no mate, I don't think you've been stabbed. And he can't breathe. They're handcuffing him because he said he got stabbed by a Muslim, right? So this is insane. Henry Noak died the same way a civilization dies abandoned, handcuffed by authorities who neither trusted nor cared for him and accused of hate crimes. He didn't commit his murders as tragic as an enraging. He should be alive today and would be the last. A few generations of European elites who stood their ground against the politics of self hatred, the mass invasion of migrants, many of whom despise the west and the people who love it. Henry was far from the first to be needlessly lose his life and I fear that he won't be the last. Each time a life like this is lost, the proper response, the only response is righteous anger. One of the most important things the Trump administration has proven to the world is that stopping the flow of mass migration and demanding national sovereignty is a matter of political will and leadership. Anything else is an excuse. It is because we love the west, we want to preserve it. We love our civilization, we will love our country, we love our children. And nobody, nobody should ever die the way Henry Knock died. May God comfort those and love those and rest his soul. And you know what's they're demanding all kinds of stuff. Is he like, you know, and it's so funny because the British police took a knee for that drug addict name escapes me. Floyd, whatever his name was. George Floyd, right. Drug addict on fentanyl, died not had nothing to do with the cop. Was proven toxic toxicology reports, they said it was a knee on the neck. This is standard police practices. A guy went to jail. That guy almost got shipped in jail. He got, almost died in jail. That cop didn't deserve to go to jail. But just fake outrage about a drug addict who didn't cooperate with police and died because of drugs, not because of the police. It was all proven out. And again, guys got the cops serving in prison, but everywhere around the world, they took a knee. They did it in Congress, remember? They all took the knee. The British police took a knee. No one's taking a knee for Henry Noah who died saying he couldn't breathe. He couldn't breathe. He bled out. They didn't get him help. They're handcuffing him while he's dying. And this is just so tragic, Jeff, and so many, so many. I mean, I hate to even show the, the footage and it's, it's just, it's. I mean, I don't want to show it because I don't want to give, you know, it's, it's tragic. But here he is, he's handcuffed. You can see his hands are already starting to turn kind of pale.
- [62:48]
Jeff
This.
- [62:48]
Chip
And they're handcuffing him and he's yelling, I can't breathe. I can't breathe. I've been stabbed. And they're handcuffing him.
- [62:55]
Jeff
They're so stupid over there, though, you know, that. That wouldn't happen in this country. Exactly. The way what we're seeing unfold over in the uk, you know, it's so out of control over there that they want to arrest people because they want to claim that they're being, you know, because of their speech patterns. You know, they're, they're so out of control in the uk, if they don't fix it, it's done, right? They, they have a short period of time to fix this. If they're going to continue letting their Muslims pray in their streets and conquer them. If they're going to continue allowing their politic, their politicians to control their lives the way they are and impede on any type of freedom of speech, it's done. I, you know, you can't go this way. You know, just look at the development within, you know, any fascist regime at how it continue. Look at what happened in Venezuela, I think is a perfect example. And to say that the UK can't fall into the same trap that a Venezuela fell into. And Venezuela, if you go back, you know, pre Chavez wasn't in the position that it's in today, in 2015, 20 years, let's say it devolved. The UK is devolving at an accelerated rate right now and there's nothing that's going to stop it other than the people on the street. If the people on the street don't fix it and they continue to accept it as, as commonplace, they're done. There's no return. It's just like this country, right? If you look at a New York City, if New York City doesn't fix the problem that they just stepped into, they're going to be what Detroit was post riots in the 60s. That's the, that's the, that's the life they're gonna have to live. You know what? That's okay. If New York wants to walk down that path, that's what they want to vote for. Miami's door is open to all the money. Send all your businesses, all your money, bring it down to Miami. Good riddance. Good luck to you guys. Be Detroit for the next decade or two decades. That's your problem. You know, same thing with California. If California is going to continue to allow the fraud of the election, if they're going to allow the ballot dump that just occurred and they're going to accept that and they're not going to investigate it, goodbye California. For, for a period of time. Because guess what? All the money's leaving in this country. We have freedom of movement. We also have freedom of speech and freedom of speech and freedom of movement is people in those states, New York and California saying, look, we're not going to tolerate this anymore. Texas has got open arms, Florida's got open arms. There's states that want us and we're leaving. And we've already seen that happening. We're seeing the brain drain and the money drain out of those states. They're not going to suffer like the UK is going to suffer. The UK is suffering because their entire political infrastructure is corrupted to a point of demise and only the people on the ground are going to fix it. Not with one protest, not with two protests. But they have to figure this out. They really need two things. I think the UK has a problem with. They have a corrupted monarchy that they need to get rid of and they have a corrupted parliamentary form of government that they need to get rid of. If those two things stay in place, I don't, I don't see how they're going to change. You have a corrupted monarchy that's living off the teeth of the People. What, what the hell do you need a monarchy for in today's day and age? I don't, you know, I, I don't care. You want to look back historically, it's. They're passionate about their monarch. If you have a monarch, you're not a free people. I don't care if it, it's just symbolic or you're not a free people. You're subjugated to your monarchy because you're funding the monarchy and you want to continue living in that, in that kind of environment. That's great. That's. That's your world, you know, but that's your demise. And the parliamentary form of government is so as backwards. And the reason you can prove that it's ass backwards is because the guy that you're trying to remove is still in control regardless of what happens.
- [67:03]
Chip
It's garbage. Jeff and I have a new theory that, that's working because I've seen enough videos to notice that you've never seen bigger and losers in the entire world is what they call the US the UK police force, right?
- [67:16]
Jeff
They're horrible.
- [67:17]
Chip
I could beat the. I could take three of them on. They're. They're completely useless.
- [67:21]
Jeff
I mean they're cowards too.
- [67:24]
Chip
The video that we always play with with the 12 police officer. A guy has a gun and 12 police officers are as he's coming towards him, are running around. Here's how it happens in the US like hey, drop your weapon. Drop your weapon. Drop. He advances. Boom. He's got six bullets in him. Guy is never moving again. He's gone. Not getting deported. He's dead. He's been muerto. He's out of this world. And, and the whole idea of.
- [67:46]
Jeff
But their hands are tied also. I gotta believe it. Must have certain. I knew Interact right thing that will
- [67:53]
Chip
save the UK is a revolution of what happened 250 years ago. That's the only thing. Because Jeff, you're 100 right. They're not changing parliament, they're not changing the monarchy. Same thing Trump's experiencing here is that you've got the hardcore left that's gonna, you know, negate everything. Got rhinos, these Republicans, name only all the people that Trump took out. They don't want to pass. They don't want to get past voter id. What do you mean? We're only country in the world. You can't. You show up and look at the ballot dump that's happening. Spencer Pratt is going to be eliminated from the general election because they're. They keep counting these Fake ballots. And now they've got smart enough to know that some of them have to be for Spencer Pratt. But a very small percentage of them are coming in for him. But the majority are for him. It doesn't mirror anything that happens in a real election. It doesn't mirror anything. But it's the same thing that happened in the 2020 election until. But there are regulators on the ground. But my new theory is you can overpower these stooges. They're losers. And guess what, And I don't agree with this, Devon, Steve, you next general election at most. If reform doesn't get in, we're done. I disagree with that. Being in Australia, being on the ground, boots on the ground, meeting so many patriots there, you guys can crush it. You guys are way, way ahead. You guys have way more freaking balls than people in the UK have. Okay? If there's anybody they could take down and put a new. And take over what's happening because, yeah, okay, big cities, great. Don't mess with anybody outside the big cities. They got arsenals and guns. You guys, you guys can overpower. This is the one thing that's missing from the uk. You guys have the guns. You guys have the power. If you guys are able to unite, you could take down and have your own revolution and say, we've had enough of this, start exporting. And I'm not going to call for violence in a necessary way, but you got to have a revolution. You're. It's not going to happen by kind words, but if anyone has a shot at it. The Aussies don't mess with the Aussies, man. They, these are, these are patriots like you've never seen before. These guys will take it down. I don't see that sort of fight coming from the UK but do you think the military is going to stop? I mean, do you think this isn't the, this isn't Iran. These people don't have a military. They have ineffective cops. Three people struggling to take one guy and handcuff them. This is ridiculous. Anyway, we're going to show a bunch of videos from the uk Here are the useless police right here. Two cops. You got a guy that's interfering, Okay, I know they have tasers. The guys on the ground struggling with a woman's looking around like, what's going on? Get what is going on? You have an ineffective police force. They don't carry guns. They have tasers. They rarely ever use them. Look at the guy in the grounds. Overwhelmed. They got this guy trying to help these Are. This is the most pathetic police force in the entire world. This is the pathetic beyond pathetic.
- [70:46]
Narrator
Look at this.
- [70:48]
Chip
Please come anyway. Please.
- [70:54]
Jeff
It's on the ground. What's underneath him? What is this?
- [70:59]
Crypto Expert
Somebody has to calm down.
- [71:01]
Jeff
They're not even using. Look at the technique there. What is going on here?
- [71:05]
Chip
Look at that, though. Powering the copy. You watch this video. The first thing you do Monday morning, you say, hey, you know what, honey, I appreciate you, but you got a new desk job. You're not going to be out there. You're ineffective. This guy right here can't. He's getting manhandled. This guy has a gun. He gets stabbed seven times. If I mean a knife, he gets stabbed. He can't even protect a cop. Can't even protect himself. He can't take another guy. Yeah, right. You have a citizen that steps in and he's more than these two police officers, so called police officers. He's. The guy's getting, the cops getting dragged. And this guy does get away and he pushes the guy. That's more effective. Both cops, right?
- [71:58]
Jeff
And he told me, yeah, while he's doing it, I wonder how big this. Oh, my God, look at them. Look at, they're on the ground. They're out of shape. They're out of shape. They're not even like, at least, at least put them through the gym, get them, get them working out, have them lift some, you know, they need to lift some weights, run a marathon. But both of those women police officers, completely out of shape, not prepared for what they're doing. They should not, they should be given tickets. They shouldn't be in the position that they're in. They're putting that the, the UK leadership is putting their lives in danger. Right. It's not even, hey, they should be out on the streets or whatever. They're putting these women's lives in danger by having them do what they're doing. They're not capable. They might be, you know, they might be well educated through the laws, I don't know. But they're not physically capable or competent to be in the position that they're in. That's not who I'd want protecting my streets, that's for damn sure. I like seeing the police that we have, you know, and I like seeing the police presence. I like seeing our police vehicles. I like our police SUVs, you know, I like our, our, you know, police presence around. They have small SUVs, they have Yukons, they have Tahoes, you know, it's, it's the Best, you know, and, and it's. That's what you need, you know, and it just, that, that just doesn't work for me, you know, this doesn't work at all.
- [73:31]
Chip
Woman who, who's just airing her beliefs. And of course she's not happy with the Quran being shoved in her face. And she's going to say something because she's a Christian here, she says, And those angels apportioning each. A little bit hard to hear. But she basically said, shut up. I don't want to hear anything about the Quran. It's a Christian country. I don't hear anything about the Quran. Right. She's standing up to him out there with loudspeakers, like with their. Right, the death cult is out there, you know, with, with more, you know, 70 IQ type of stuff here. What's happening? Oh, there's two effective police. The same nut jobs. Not only that, dude, if you're gonna look like. Let's just face it, Jeff. Let's call this for what it is. You look at our cops, they're badass. They got bulletproof vests on. They got freaking. They got, you know, guns and they're. They got, you know, rifle. Look at this. This looks, this is just embarrassing. Look at those goofy ass hats. They look like taxi drivers. Like taxi drivers. That uniform look pathetic. I mean, you, you, you, you have a. You look like if you look like a clown, you're. You, you sure act like a clown shown man. Look at this. Look at the clowns. She's getting arrested, Jeff.
- [75:05]
Jeff
Because she said he's getting elect. What? She got arrested? Stupid. I'm so fed up. This is, this is exactly why we're not going to the UK anytime soon. And look at this. The. The woman there can't even manage her. Look at how these two can't even manage her. Like, what are they even doing? What are they doing? This is such an embarrassment to watch. It's embarrassing. They're arresting her and then it's embarrassing that they can't even manage her. Look at this. The fact that they're arresting her is. Is pathetic. The fact that they can't even manage her. They didn't even take her bag. Like, put your bag down, ma'. Am. You know, I'm working on being arrested. Look at this. Now she's gonna walk away.
- [75:51]
Chip
Listen, this is the most embarrassing police force. You wear clown outfits and you act like clown.
- [75:57]
Jeff
Okay? Is she laughing? What is she doing? I can't even tell if she's is laughing at them.
- [76:06]
Chip
I mean, how Pathetic. Is that Jeff? Really? No.
- [76:10]
Jeff
Oh my God.
- [76:11]
Crypto Expert
It's.
- [76:12]
Chip
Here's another guy. Guy's preaching on the street.
- [76:14]
Jeff
He's a Christian and without us, Europe would be speaking German. The Brits and French surrendered and would have ultimately gave in to the Nazis. Yeah, it's amazing. It's amazing.
- [76:25]
Chip
I talk about Churchill all the time. Churchill was treated like. Like a criminal after. After World War II. He's the only one that stood up and said, we'll fight. Got the US involved. He stood up? Yeah. Was he a womanizer? 100. Was he overweight? Yeah. Was he smokes? Yeah, he was a freaking. He was freaking full out blown. Freaking awesome, dude. And they. The way they treated him, the. They wrote about him, man. It was silly, man.
- [76:48]
Jeff
But you're right. She has. She definitely has Gen X strength. They don't even know what to do with her.
- [76:57]
Chip
Now here's this guy preaching on the corner. Watch what happens, Jeff. It's predictable. You know exactly what's coming. I just need to finish the message and let people hear about the last part about repentance from sin and then I can. So we must. What.
- [77:13]
Jeff
What have you been hearing?
- [77:16]
Chip
I have not made any homic comments or slurs at all. I've been preaching about repentance from sin.
- [77:22]
Jeff
Look at this. Oh my God. This is. This is a slippery slope that we're watching in the UK right now. Can't make. He can't make comments. So pathetic.
- [77:44]
Chip
I don't know who these police are,
- [77:46]
Jeff
but this is how Nazi Germany unfolded, by the way.
- [77:49]
Chip
Yeah. 100. But watch this, Jeff. Here's not. Here's what is allowed in the uk.
- [77:58]
Jeff
That's conquest. What we're witnessing right there.
- [78:01]
Chip
You're watching these people with their death sitting around.
- [78:06]
Jeff
Why are they covering their faces?
- [78:08]
Chip
And they're always blocking traffic. Go out and block traffic. They don't go out. This is defiance. They block traffic. They. This is just madness. Not a religion. Doesn't say kill people. I'm sorry, it doesn't qualify. But this is what's allowed. Job. This is what's allowed. Now there's a brand new song that's taken the UK by storm and it's
- [78:28]
Jeff
no freedom of speech in England.
- [78:29]
Chip
Here it is.
- [78:38]
Jeff
That's what we're talking about right there.
- [78:49]
Chip
Lefty 2, tear cut let the migrant soul come in the entire country hates him. He cut your granny's winter fuel While we live under his fascist rule Asylum seekers flood our land. Anyway that goes on and on and
- [79:24]
Jeff
on and on and on.
- [79:26]
Chip
And here they are. Here's. Here's the football game. Football match here, look at this.
- [79:33]
Jeff
That's right. Everywhere.
- [79:39]
Chip
And you know, I gotta give the
- [79:41]
Jeff
Italians a little bit of that.
- [79:43]
Chip
Two back to back videos from Italy. When an asylum seeker thinks they're going to get away with something and they're like, no, not here in Italy.
- [79:50]
Jeff
Not happening.
- [79:53]
Chip
This is great. There's a guy carrying a knife, One of these asylum seeker type deals, and he's waving the knife around. And watch he gets a table right in his head.
- [80:08]
Jeff
Oh, another one. One. The guy's caused the knife, though. Got to give him credit for that. Oh, damn. That's how you deal with. Other people just walking around, nothing's happening.
- [80:28]
Chip
Comes to the table, his arm.
- [80:31]
Jeff
Oh, look at this. Love it. Now I'm.
- [80:38]
Chip
Yeah, not today.
- [80:39]
Jeff
I don't know what happened to the guy's shirt.
- [80:41]
Chip
This guy thought of his shirt.
- [80:42]
Jeff
Between the takedown and everything else, here's another asylum seeker.
- [80:45]
Chip
He thought it would be cool to hit a car. No, not a good idea. This is what's great about this. Some random dude just runs after this guy.
- [81:01]
Jeff
What? Oh. Oh my God. But he fell over that. You don't want to end up on the ground unless you got better skills.
- [81:24]
Chip
He took him down.
- [81:27]
Jeff
That guy's more skills than the British police. You see that? You see how fast he took him down? Bam.
- [81:32]
Chip
Of course, man.
- [81:35]
Jeff
Table etiquette. Oh, you gotta love it.
- [81:38]
Chip
Now just to show you, like, what becomes normalized in, in the, you know, when it comes down to the left, Jeff, this is what gets normalized. This guy is running for congress, he's running for senate, right? This guy, Graham Platner. First of all, the guy's got a Nazi tattoo.
- [81:55]
Jeff
Oh, yeah.
- [81:57]
Chip
He's doing the high heil Hitler salute. Remember Elon Musk got accused of and everybody else, but no, no, Trump.
- [82:03]
Jeff
See, he's actually.
- [82:05]
Chip
He's a real nazi. And yet, you know, there's a whole thing.
- [82:08]
Jeff
Look at that. He's giving him a pass.
- [82:10]
Chip
Well, endorses the effed up Graham Platner, compares him to u. S. Alien alliance with Stalin to win World War II. These people are insane.
- [82:20]
Jeff
This is. It's just so proof that the left is just insane. The left has gone beyond the pale.
- [82:27]
Chip
So one.
- [82:28]
Jeff
They're embracing all. Anything that will destroy this country.
- [82:31]
Chip
The one voice, the guy that had a stroke and his brain healed. He was hardcore lefty and his brain healed. And this is none other than John Federman, U. S. Senator. They asked him about Platner and Whoa. He did not hold back. Look at this.
- [82:43]
Jeff
Platner
- [82:47]
Chip
call him P Hustle. And they're wondering if he Hustle, because that's what the name he gave himself, right?
- [82:54]
John Fetterman
No, that's. That's how he described himself. He hustled. I mean, the MSN folks, you love P Hustle.
- [83:02]
Chip
And then this is great, because they don't even know. They haven't even dug deep enough to know that this is how he calls himself P Hustle. And so when he does. Why do you call him that? And then he asked the Ms. Now, which used to be msnbc. It's called Ms. Now. They rebranded. Same shitty network, though. He goes, you love P Hustle Emerson
- [83:21]
John Fetterman
now because he's awesome, right? Was it the Nazi tattoo? Is it the insults and the Kick account?
- [83:29]
Chip
How do you think Democrats should handle this? He's likely to become the Democratic nominee for the Senate next week.
- [83:34]
John Fetterman
Some Democrats will defend that mess. I will not. So it's really up to Maine voters. So the people on Ms. Now, they want to defend a guy with a Nazi tattoo. Okay. If they want to defend a guy that describes the American army as absolute trash. Okay? If. If, you know, P Hustle said that a Purple Heart awardee is a dumb. That doesn't deserve to live. Okay, you know, a guy that was probably dropping pics for a decade on Kick. Why would. Why is P Hustle on. On Kick? I mean, Kick has serious issues. Lack of kinds of controls, a lot of underage people. It's really been controversial. Why was he on it for a decade?
- [84:26]
Chip
Why do you think?
- [84:27]
John Fetterman
I mean, that's a question.
- [84:28]
Chip
I.
- [84:28]
John Fetterman
Who's investigating Why? I mean, was he sure that he was only talking to, you know, a women that are old? Old enough. I mean, what was his protocol? How could he be sure?
- [84:41]
Chip
Are you concerned that there's more to drop?
- [84:44]
John Fetterman
Well, he lied to everybody. He said that. That there wasn't any after his Nazi tattoo situation. And now there's more and more other things. So he's already lied about that. So I assume. You know, it's like they say, for every ranch you see in TATTOO Texas, there's 50 that you haven't seen. So I'm sure there's plenty, a lot of more ranches in P Hustle's life.
- [85:09]
Chip
That's so funny. He used that quote. You know, in Texas, they say for every ranch you've seen, there's 50 you haven't seen. Funny. He would. He would use that quote. He's like, with P Hustle, I'm sure there's 50 more ranches you haven't seen.
- [85:20]
Jeff
That's interesting.
- [85:21]
Chip
And one guy who is considered. They want to get rid of this guy more than anything because he's just talking normal logic. He's like, well, no, why would we, why would we have support a guy who's done all this? Yeah, the Nazi tattoo, the, you know, being on Kick and all the other stuff that's coming out. He's supposedly married and all this stuff's happening and like it's a judgment on character. Right. But meanwhile, how many times they call Trump a fascist, a Nazi? Mean, I don't understand the definition of fascism. And if Trump and they had the no Kings rally, but if Trump was really a king, like the king over in England, it was shut down. The rally. Right. It happened globally. 30 billion, $30 million was invested around, you know, hundreds of millions of dollars invested in it. But if he was really a king, you would have shut it down because that's what, that's what happened in the uk. The king would have shut it down. What happened if he's just so, so the funny thing, the irony there is the King, the no Kings rally gets to happen because it turns out Trump's not really a king. These people are insane. I mean, they've, they've gone so far left into mental illness. It's just, it's, it's even, even the parody sites, Jeff, you can't even like parody doesn't even get distinguished.
- [86:31]
Jeff
Right.
- [86:32]
Chip
You can't even figure it out anymore. It's so bizarre. By the way, Jeff, I don't know if you saw this. Go ahead and read this, Jeff. You might want me to read this thing, but if you've seen this here, let's see it. Look at this. Read this here.
- [86:46]
Jeff
Brits wish there were some kind of ranged weapon that shoots high velocity ammunition to protect them from knife attacks. They wish that somebody would invent something like that. Doesn't exist, apparently. That's funny. That's why, that's why curio economic or curio's comics said an armed society is a polite society. And that's why the salt is so polite.
- [87:10]
Chip
People understand that everyone's caring.
- [87:12]
Jeff
They don't get it. They don't get it. That's right.
- [87:15]
Chip
That's why you're, you're 100 spot on
- [87:18]
Jeff
about that man Saw Bill Bird yesterday. King Trump in 28.
- [87:24]
Chip
The tr. The amount of trigger. And the funny thing is half the stuff that Trump posts about and tweets about, he's. There's never Going to be anybody that's going to own anybody. Like the way he just trolls is. And he's the best at it, man.
- [87:35]
Jeff
He is. Look at this one. Fetterman is a Dino. I like that. Should call him a Dino. Democrat name only. He's the opposite.
- [87:42]
Chip
Yeah, he is.
- [87:42]
Jeff
Got to be there.
- [87:43]
Chip
Yeah. Well, that's what happens. You have a stroke and your brain heals and you're like, oh my, my brain's normal again. You know, because you remember the guy was out of commission. No one saw him. Five, six months, he couldn't even speak. And that's right, it was bad that happened to a Republican. They would have ousted him like on day two and they would have said
- [87:59]
Jeff
Republicans would have ousted him.
- [88:01]
Chip
Oh yeah, that's what I'm saying.
- [88:02]
Jeff
Like you're out. They held in there with him and then look how he turned up. But you know what? Maybe everybody knows you go through that, maybe you're flip flopping. So you get a Republican that does it. And I'll wake up and become a Democrat. Like no, you got to get rid of them early. Maybe the Democrats should have got rid of them. They would have saved themselves.
- [88:21]
Chip
After mail in ballots tally, Joe Biden wins LA mayor race with 81 million votes.
- [88:30]
Jeff
That's good.
- [88:32]
Chip
Another good one here. Look at Trump. Trump repairs the crack in the Liberty.
- [88:40]
Jeff
Oh my God. Freaking hated Mitch McConnell. There you go. The.
- [88:46]
Chip
Look at this. Warns of the UK about rise of murder phobia.
- [88:52]
Jeff
Murder phobia. Oh my gosh. That's good.
- [88:56]
Chip
You want to talk about what's a wank, man? This dude's about
- [89:02]
Jeff
you guys in Australia. You definitely gotta step up and, and have a good party. You gotta have someone is gonna, you know, push you guys in the right direction.
- [89:10]
Chip
You guys can save yourselves.
- [89:11]
Jeff
Dude, right there, it's right there.
- [89:12]
Chip
Government. Graham Platner reassures voters that there are probably only 14 or 15 more horrific revelations to come. 14 or 15 more. Not too many, man. I don't know. This is, this is sort of a. You guys knew who Harvey Milk was. They made a movie about him. But he was the first openly gay politician. I think it was the mayor of San Francisco. U S Harvey Milk to be renamed the U. S no homo.
- [89:43]
Jeff
Oh my God, they're so funny.
- [89:45]
Chip
They just really never
- [89:48]
Jeff
trump straight in the Tower of Pisa. That's right.
- [89:50]
Chip
Yeah, right. Scientists now warn that they're running out of dystopian sci fi movies to make about reality.
- [89:57]
Jeff
To make into reality.
- [90:01]
Chip
That's funny.
- [90:05]
Jeff
We're close to the Terminator.
- [90:09]
Chip
This one here. 10 real life examples of why American measurements are better than the communist metric system.
- [90:18]
Jeff
That's brilliant. Did it say 10? Is that what it was?
- [90:23]
Chip
Yeah. And then this. Jeff too. This was discovered. It turns out that unearthed ancient sculpture gives insight into how much ancient people sucked at art.
- [90:41]
Jeff
Here's Aussie. When you get a chance check out Danger Dan on X and YouTube. That'll show you what's really going on down under. All right. We're going to look him up. We'll start.
- [90:51]
Chip
You know, John Bolton just pleaded guilty. Jeff. You see this? He. John Bolton pleads guilty, sentenced to five year imprisonment at SeaWorld. There he is around the walruses. He looks like a walrus.
- [91:01]
Jeff
His walrus stash.
- [91:03]
Chip
He's got that walrus sort of head thing going on there. John. John Bolton's too funny, man. This one too. This is 10 irrefutable proofs that Russia is better than the US.
- [91:18]
Jeff
Irrefutable.
- [91:19]
Chip
B just never misses, man. No, that's a. That's some of the biblical ones I think will be lost on people. But that's why I don't necessarily show those. But hey. A man needing a break turns on CNN from reality. Man. Who needs a break from reality turns on cnn. You just gotta love these man. That's great. And this one Jeff. A ceasefire rages across the Middle East. It's got smoke in the background. Ceasefire.
- [91:52]
Jeff
Ceasefire. Yeah.
- [91:54]
Chip
It's supposed. It's supposed to mean ceasefire. And then from the Hollywood turns out that Willem Dafoe is announcing exciting new row. Will he'll play someone weird. Just too much. Too much fun. Too much fun.
- [92:12]
Jeff
And we got all that and more coming again tomorrow night. How about that Dude.
- [92:16]
Chip
And we'll leave one last one. The Texas Rangers are the only baseball team in the United States that haven't endorsed the pride night. So this one, the Texas Rangers double down with no homo night. Man. It's rough.
- [92:32]
Jeff
And also about a big shout out to the Carolina Hurricanes for winning last night. Defended against the Vegas golden knights with a 43 win in overtime. Game 2. That was a big win for them because now they're going to Vegas with a 1 1. That was big. Vegas had a 20 lead for most of the game. Came back in the third and then man goes into overtime. That was crazy. Crazy games for the Stanley cup. And they. They're into going into game three in Vegas with one one. So imagine if Carolina would have gone to Vegas lose with a 20 lead for. For Vegas. Now it's 1 1. It's gonna be an interesting series. Yeah, go check it.
- [93:22]
Chip
Spurs. You know the Knicks haven't really been around. The last time they made the. The finals was against the spurs and they lost. Now the Knicks on a really like the last. It was the last seconds of the game where the Knicks. The spurs made it really turn all over and the. And they basically. The Knicks pulled it out a one point lead. But now they lead 2 0, which is amazing. It's great to see the pandemic. You know how much people are really into the Knicks and been watching them all year round. Those tickets now look at tickets, Jeff.
- [93:50]
Jeff
For.
- [93:51]
Chip
They're going for something like $10,000. So crazy a seat. I try to go. I try. I wanted to go see a World cup game, Jeff. The tickets are now up to eighteen hundred dollars. Guess what? I'm gonna be watching it on my not happening any 6 inch TV with my giant surround sound blowing the sound out. I'll be sitting there watching every World cup game and I almost like it because I can pause it and go get another beer. I can go to the restroom, you know, and I don't miss any action. So yeah, I'll be watching the World cup people.
- [94:20]
Jeff
Obviously we looked at that also. Yet forget that. Not gonna. Not gonna happen.
- [94:26]
Chip
You know, at least that'd be great. Yeah. When it comes to the US you're gonna go to World cup game. You couldn't even afford the tickets were eleven hundred dollars like five months ago. Yeah. And you know, let's see. Go to travel to Atlanta, travel to New York or New Jersey, you know, go to Mexico and you're gonna end up paying all this Miami ticket. Yeah. You watch it on tv. It's phenomenal. Me.
- [94:49]
Jeff
Yeah, it's good. I mean it's fun going to a game, but yeah, one game out of a. Out of the series at that kind of. I mean if you got the disposable income, you want to do it. But I'd rather hang out with a whole group of people and 100 have fun watching the game, you know. And they'll be. Well, I'll tell you what. We were down at the Hard Rock last night. Went to see a show, a concert. And then after we came out just to see everyone gather around the big TVs down there watching the basketball game. It was chaos, absolute chaos over there.
- [95:21]
Chip
What was the concert?
- [95:23]
Jeff
Went to see Charlie Puth.
- [95:26]
Chip
Ah.
- [95:27]
Jeff
So I didn't know who he was.
- [95:30]
Chip
But that's okay. Not my. Not my flavor. He's a very talented Guy. He's a very talented singer and a musician, but not my style of music. Music, actually.
- [95:40]
Jeff
I actually enjoyed it, you know, it was good, but yeah, it's not my. My thing.
- [95:45]
Chip
Who else was with them? Anybody else or.
- [95:47]
Jeff
I didn't know who they were. There was brother, brother, sister duo called Lawrence. They were pretty good. They were out in New York, but I felt like I was like at a cabaret type, you know, club. Not cabaret, but, you know, just like somebody like we're sitting at small tables, getting served drinks type of place, you know? Yeah, that type of place. They were interactive, but they were like. It was a New York style show. I was like, you guys realize you're in. In Florida. The banter. He had his. His Knicks jersey on and. Yeah, but no, it was good. It was all right. I enjoyed it. We had fun. That was a good thing. Wasn't Metallica, but, you know, what are you gonna do?
- [96:28]
Chip
Sometimes you gotta jump out of your elements. The other things.
- [96:31]
Jeff
Yeah, yeah, yeah.
- [96:34]
Chip
The closest place they're coming is Atlanta, so I wouldn't go up there. That's one of my favorite bands of all time, the Afghan Wigs. Greg Dooley. I love the guy, man. VIP of watching sports. It was like a Q A session. And somehow I got positioned right by what I thought was a garbage can. I'm like, why is the garbage can right here? I go, this is probably the worst place to sit. And all of a sudden, Dooley comes out. He's standing like right there in front of me. And I was like, this is good. So I asked him some deep questions. Like, he's like, oh, this is one of those deep fanboys moments. I was asking about, like, one solo album. I was like, that. Was that supposed to be a Wigs album? It was supposed to be that. I go to know some of the styles of departure, but a lot of it thought. And he just sit there and looked at me like I could answer this question. He's like, what? He's like, no, it's always going to be a soul. Like, he like. I was like, oh. And I wish I thought I would have recorded it, but no. So I'm trying to get my buddy to go with me who's also a massive fan. I'm like, you gotta go. You gotta go do it. And was it Afghan Wigs? It's one of those. And their new album's coming out. A couple good banger tunes on there. And the last one was phenomenal. So that actually everything they released has been pretty solid, man. But looking Forward.
- [97:44]
Jeff
Yeah. Yep.
- [97:45]
Chip
Yeah, it's like a niche sort of a band. Kind of came out of the grungy stuff. Heavy. Heavy. Call it like a little. A lot of soul in there. A lot of soul, but a heavy rock vibe, and it's really good.
- [97:57]
Jeff
And that'd be cool.
- [97:59]
Chip
Show. There's a place in Fort Lauderdale, small little place. Great place to see. And I got to see their. When they. You know. What do you call the pre show, where they, you know, the. The. They test the sound and all that. I can't think. Oh, yeah, Yeah, I gotta see that. The guitar players a while. He was really cool. It was funny because he had his parents there. He brought him up and to, like, set him up in the balcony there. And his parents are, like, in their 80s. I'm like, I hope they got. I hope they take their hearing aids out. They're gonna get blown out in this show, man.
- [98:26]
Jeff
Where were you? At the War Memorial?
- [98:28]
Chip
No, no, no. There's no War Memorial anymore. It's gone, dude.
- [98:31]
Jeff
No, there's a place that's there, like, in that area.
- [98:36]
Chip
It's a little. I've seen a couple bands there. I saw the Psychedelic Furs there. I saw. Who else did I see there? It's a really small, like, intimate place. Like, it's.
- [98:46]
Jeff
Yeah, I saw a comedian there. I think the same venue, only I
- [98:49]
Chip
can't think of what the name of it is. I'll have to go back into my. You know, my. Probably my videos and stuff. I did. I. I did shoot some pretty good videos. And I was, like, right there in the front of the stage, which was nice, because I never seen them. And I was, like, so psyched about it to actually, you know, witness the. You know, the.
- [99:08]
Jeff
Yeah, it was.
- [99:09]
Chip
It was kind of fun. Yeah, so it was a really good. Peter, who did I see there? I saw some cool people there. I saw some really. And it's a nice place. It's not good for sound, though. The sound was pretty bad. But, you know, it's not really that place. They're. So. They're going on a tour with this new album, which is great to see. We did an hour 40 minutes, guys. An hour 40 minutes. We're getting out of here right now. So, guys.
- [99:35]
Jeff
Right now.
- [99:35]
Chip
Tomorrow nights?
- [99:36]
Jeff
Yeah, now. Right now.
- [99:37]
Chip
See you guys on the next one. Chip and Jeff starting a new show.
- [99:42]
Jeff
When are we on tomorrow night?
- [99:44]
Chip
Eight o', clock, Jeff.
- [99:45]
Jeff
8:00pm Eastern Standard Time. That's right. Well, guys, we'll see you then. Check you guys.
- [99:51]
Chip
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