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Jeff
Welcome to on the Chain. This is Jeff here with co host Chip. What is going on, Chip? What's going on? Everybody out there in the on the Chain community, on the Chain crypto world that is coming in via podcast listening or watching us over here on YouTube and X and all those great places. And man, you know what is crazy? We don't give enough shout outs to everyone tuning in on the audio podcast. And we need to give you guys some love because there's a lot of you out there that actually tune in on the audio. So from now on, we're going to show our audio listeners a lot of love too, because we appreciate you guys may not say it enough. And we do. And so we are. We're going to do that right now. And Chip, we got a lot of stuff to dig into. Why do we have a lot of stuff to dig into? Because why not? We do every show. Tariffs, turmoil, trade talks. Not everybody on the X space really understands what's going on. And you were in some chats today and that might be proof positive of that. America is going through a reset, a financial reset. So is the rest of the world. It's all for the betterment of the people. We got to be a little bit longer thinking than one week. You know, we got to go beyond the, the little snap. What is it? I don't even how many, how many characters are within an X. But posts nowadays. But we got to go beyond the 30 second clip, the 10 second clip, or that little short X post. We got to look a little bit longer term than that. There's a lot of great things happening. The crypto market has unfolded over the past decade. It's taken about 10 years for the crypto markets to unfold. We're actually a little beyond 10 years. We're going into the next second part of the second decade, which is pretty crazy. And so a lot of things to dig into. Chip, we're going to unpack all, all of that and much more.
Chip
Especially the one thing we're going to dive into is Trump's terrific terrorists. There you go. How to get it in. Terrific, terrific terrorists. All right, let's go. Welcome to on the Chain. Welcome to on the Chain, everybody. I want to let everybody know to type in yeti, yeti, Y, E T I. We have three entrants so far in here, which is fantastic. Where are you guys coming in from? Where are you coming in from? Oh, look at. Matt Laroche is in here. Yes. Beautiful, beautiful. Give the love, baby. Give the love. Yeah, because we what we're seeing is our audio podcast. You guys are probably, I would imagine maybe sometimes you don't catch the show. Maybe you're in your car and you want to listen in and sometimes you can't get all the contacts. But what we're seeing is our podcast listens are growing. Right? There's the YouTube, we're on X. A lot of people watch it on X. Some people watch it on YouTube and we're getting more a bigger audience. And that's one of the things that Jeff was pointing out. So that's really amazing to see coming. What do you. We got Vero beaches in the house as always. Got our Florida crew in here. St. Augustine, beautiful and mountain. Gotta love our Florida peeps. Look at this right there.0003XRP by midnight. Could happen. It could happen. There's a big sale. Don't get confused. Jeff. You look upset by that. You were like mad.
Jeff
You're like, oh, I was focusing on. Right.
Chip
You look like you're getting mad. You're like, like you're ready to buy in or something like that. You never know.
Jeff
I'm trying to focus on writing something right now.
Chip
Okay, well, it's a terrific time to buy in right now. It's a true. Everything's on sale, right? And everybody's flipping out over the stock market. Oh, my God. I mean, all the smart people are just going crazy and even some of the not smart people are going even crazier because of the tariffs. It's like when everything's status quo and the inflation was going through the roof and eggs were $8, everyone's like, Ah, let's just sit back and do nothing. Trump makes some bold moves and everybody's flipping out. Are you gonna have a 90 day pause? This is going to be a negotiation. The mainstream media trying to force the narratives. And man, I was battling people all day on, on, on X. It's just insane. Especially the Europeans. Boy, they are really just. They're out of touch. Beyond out of touch, man. Really hard to see. And that's not all the people here, but some of them are there. Some of them are there. Jason from the Own. And there we go. Dudezilla. Dudezilla. So we're gonna kind of break it down. We're gonna go into some of the thing and some of the hysteria. We'll watch a couple clips, we'll talk about it. Obviously it's a weekend Sunday. There's not a lot of stuff going on. But crypto Eddie was pointing this out, which I think is pretty interesting to talk about because Elizabeth Warren, better known as Pocahontas. Here we go. Here's a letter signed by Senator Elizabeth Warren April 2 to investigate undue influence over recent SEC decisions. Ripple's mentioned eight times with questions like who had Fed's knowledge of the SEC's decision to dismiss his case against Ripple Labs? And what is Trump's relationship to Ripple Labs and its CEO, Brad Garlinghouse? These are people that have completely lost the plot, who've got zero to give, Jeff. And they're just. And so what do you hear every day? They're going to take away your Social Security, they're going to take away your Medicaid, your Medicare. They're trying to kill you. They're trying to throw granny off a club. This is like the same thing. They've got nothing. There's never any expression of any ideas. They don't like anything that's going on. They want to kill it, but they don't come with new ideas like, hey, what if, what if we think about this? Or here's what we'd like to do. You're never going to hear that because the Democrats will never compete in the idea of arena. Arena of ideas, Jeff. They never do.
Jeff
They don't. They just don't. It's. It's kind of crazy to think about, but they don't compete very well in the arena of ideas. I like that. I like that one a lot.
Chip
Yeah. And we, Are we supposed to really believe that the Pocahontas wrote this? I mean, Pocahontas, she, by the way, she's flipping out on X. She's, she's posting like furiously. And it was right after Musk said, huh, I wonder how these politicians are so rich. You know, like Pocahontas, you know, he started calling out, shum. All these people got so rich. I wonder how they got so rich. And then all of a sudden, Trump behind that was like, are there kickbacks? Then the other day, Trump said, well, Doge found something extraordinary, uncovered something. Whoa. What is it? And I'm wondering if it's tied to any of the kickbacks. So it's this big, long garbage, la, la, la, la. You know, this is all lawyered up with every reference and, you know, garbage you can possibly come up with. It's insane. I mean, who doesn't have time? And, and the funny thing about it is none of this matters because the Democrats don't control the House. So this is just more old lady yelling at the sky. You know, I should say Old Indian yelled down at the sky, you know, more smoke signals if you will. Right there has nothing to do. Have the SEC staff or commissioners communicated about the agency's work with SEC chair Paul Atkins in the months that President Trump named him, who had advanced knowledge that he decision to pause its civil case against. By the way, this is the lady who is responsible for the anti crypto crusade and it almost sank her her hopes of becoming be getting reelected. She. John Deaton was able to mount 40 vote, basically raising money on his own, putting, you know, almost a million dollars of his own money in the campaign and he was able to get 40 of the vote. If he was able to raise a hundred million dollars. Would have been over, Jeff. Would have been over.
Jeff
Would have been. Would have been closed over.
Chip
So this is what we have. And you know, funny thing about John Deaton is, you know, I was thinking to myself the other day, like, geez, how could. How is it that John Deaton lost? Especially when we're thinking about how do they lose in pen and in. In Massachusetts. And then I found this clip on the Internet tonight. And then things started coming clear. Jeff, look at this.
Jeff
Hey, friends, I just passed the Dunkin Donuts, which is the most vague possible.
Chip
Let me just preface this. This is a Massachusetts voter, okay, Just let. Just say it. Make any judgments.
Jeff
Location I could possibly give you in Massachusetts. But besides being near a Dunkin Donuts, which places me somewhere in Massachusetts, I'm mentioned. I'm at the Hands Off Boston march, and it is the slowest march I have ever been in. And I could not be more happy about that because that means that these streets between the park and City hall are entirely filled with people who are here because they're very angry about what's going on about Trump and fascism trying to take this wonderful country with all these wonderful people. And there are great chants going on. Immigrants welcome here. Trans people are welcome here. Trans Garrett kids are welcome here. This is Massachusetts, kid. Get your hands off of it. All right, I'll say hi some more later if I can.
Chip
Jeff, can you translate that for me? I wasn't really. I couldn't really figure out what was going on there. Do you, can you maybe translate that? Do you know what. What happened to trans. What transpired with that whole thing? I mean, it was just like a rant about what. I really don't even know what the. What was. What was the issue? Fascism and everyone's welcome here. What was that about? I don't even know.
Jeff
That's so crazy. But you Wanted me to make a song for that one video segment.
Chip
Yeah, you want to put that on?
Jeff
The song that I just made, I think was appropriate for that video segment. But if you want to put the. If you want to put that video up. All right, let me put the video up.
Chip
You're talking about the one we talked about. Yeah. Okay.
Jeff
Is it. Do you think it's a faster pace video or a slower paced video? Because I haven't seen the video yet. If. If you're thinking like the music going behind it.
Chip
I think that music could be. I think it could be. Let me queue it up here because I got to turn the volume off because it's got one of these copywritten songs that we'll get busted for if we play it. Those I gotta, like, make sure that I catch. Oh, see? Oh, here it is right here. All right, Are you ready?
Jeff
That's it. Yeah. So let me see.
Chip
I think it's.
Jeff
What do you say? Faster pace.
Chip
Let's try faster. Let's try two. Let's try. This is an experiment right here. Right? So this video right here is the Democrats with most favorite ms.13 member. Right here.
Jeff
Let me get rid of the reset. Here we go. Suits in the shadows Grinning like thieves.
Chip
Waving their flags while they laugh up.
Jeff
The sleeves Selling out the homeland piece by piece.
Chip
Oh, no, they're going in, Jeff. Here's Ponas. There you go. Words of that We're. We're so on. That was so on. You had another song queued up.
Jeff
Yeah, it was same words but just a slower face.
Chip
That was the same one. That's the same.
Jeff
Yeah, it might have uploaded the same one twice. Oh, great.
Chip
Never mind. I wanted to hear what the other son. 1. One son of like.
Jeff
Now I got to download it. Hang on, let me see. Hang on. Oh, here it is. This one didn't download. That's why. You know what? It did download. But let me delete.
Chip
Well, giving love to our. Our audio only podcast listeners. What it is, it's a. It's a video with representatives, all the Democrats, you know, Pelosi, Pocahontas, you know, you name them and they're with their favorite MS.13 member. And of course it's. It's a. And they make it look like they're kind of getting emotional and Pelosi goes in for a kiss as those Pocahontas, but just goes to illustrate how pathetic the Democrat party has become and where it's made a turn off of. You got. You got it. Ready, Jeff?
Jeff
No, it's uploading let's upload.
Chip
Okay. When you get that ready, we'll go back to that. Yeah. Oh, my Chad's like, my eyes. I can't take it. I can't. AI is amazing, you know? And that's so funny. Is like, some of the best. Mike, Mike, Mike, Mike, Mike, Mike is here. What a great video. Mike, Mike, Mike. Beautiful. And the funny thing about it is, what's amazing is that AI and the memes, like, on the right. I'm telling you, man, it's just. It's just way too much fun. Did you see the face that Warren was making? Unfortunately, I did see that Chad. That was like. It was horrible. Pukis Pocahontas. Oh, yeah, that was. That was a rough one. Jim D. Says YouTube did not auto dart. Missed 10 minutes. Well, we don't even. I'll be honest with you. We don't even get the notices on YouTube anymore, so it's kind of a. It's kind of a weird thing, man. It's a weird thing. Oh, that's good to see there, J.C. i see. J.C. just sent me a picture of us as he's watching us on the big screen. See? Check that out, Jeff.
Jeff
Nice.
Chip
See that, man? Look at that. Cheers. Look at that. Dryer's in the house, too. Beautiful. I love to see that, man. That's good. That is good. So here we go.
Jeff
Suits in the shadows Grinning like thieves.
Chip
Waving their flags while they laugh up.
Jeff
Their sleeves Selling out the homeland piece.
Chip
By piece Kneel to the chaos Kiss the enemy's feet Stop that, Joe. They love the bad guys Hate their own drain Our wallets. That was pretty spot on. What could be better than pairing an AI Song with some AI An AI Meme video. Gosh, it's getting. It's just getting to be that much crazy. It's getting to be so much fun here. It really is, guys. Type in YETI. You got 18 entries, which is pretty good for this time of. Go ahead. You want to roll the commercial for the. Yeah, the badass Yeti?
Jeff
Might as well.
Chip
It's not even a commercial. It's a promo.
Jeff
Let's run the promo. Here we go.
Chip
Let's run it. Let's get it.
Jeff
Let's run it. Here we go.
Chip
Yeti from Blue Tribe. What's the word of the day?
Jeff
Yeti, do you have your salmon wallet ready? Why? Because this one's gonna be. It's time to claim your own legendary Blue Tribe Yeti of the Clan Templars.
Chip
His name is.
Jeff
Let's go. On the chain.
Chip
Damn. Check this out. Legendary Mickel YouTuber. If you guys aren't following Mickel, One of the best in the space, man. M. We got to get you back on the show. We had you on. I think when you first started your channel. We'd love to have you back on. Have some fun chatting here, man. That'd be. That'd be terrific. Be great when I see everybody's coming in. We got 23. I still have a good crew today. I like my view of the pool better. Okay, well, listen, man, let's not fight. Let's. Let's not. Look at this. He likes his view of the pool better. All right, send a picture. Listen, send it to me. I'll put. I'll throw that picture up too, man. Let's go. Let's get them all going.
Jeff
Let's get it going. What's our view of the pool?
Chip
I don't have a view of the pool. I have a view of my. My MacBook screen right now with two giant screens on both sides, which is how that looks right there. You know what's amazing, Jeff, is every once in a while. Well, I wouldn't say every once in a while, probably Charlie Gasparino, a lot of people don't dislike him, the XRP community, because he loves to just poke the bear. He loves to mess with people. He loves to say outrageous stuff and sad, hot. The end of his. Every one of his posts because he likes messing with people. Then everyone gets mad. They come at him, and he just. He has a great time just screwing with them. However he put this up. And I thought this was actually pretty good commentary. I've heard a lot of it. I thought this one was pretty. Pretty much spot on because Bill Ackman threw this up and he's. Bill Ackman said Bill's been a little bit nervous. You know, remember Bill's Wall street guy, you know, big, you know, investor, you know, billionaire. He's like, to state the obvious, it does not help our countries and our president's negotiating position to be trying to strike deals while our market is collapsing. Whoever is recommending that idea to President Trump should be fired now. And Charlie Gasparina said, like, well, it's interesting to watch Wall street suddenly freak out when Trump does what he said he would do. This is what's amazing. Like, everything that Trump promised, like, and people were asking me, like, Europeans were asking me today on acts, like, how do you do you just blindly support Trump? Do you blonde. I'm like, dude, this is what we voted for. Everything he's been Doing is what he said he would do. And I go, when was the last time you sent a politician to go represent you and actually started deliver? They delivered what they said they would do. Promises made, promises kept. Jeff, where am I wrong here? I mean, is he not, has he not been moving at breakneck speed? Did he not talk about tariffs during the campaign cycle?
Jeff
Dude. So it's so succinct and spot on in terms of, you know, time. Think about the timing. You know, we're like, what, two months, not even three months in yet. And, you know, people have this expectation, you know, we'll be three months in, you know, maybe what, in what, Whatever, in like two weeks. You know, I mean, it's, it's crazy that people are already getting. Give it time. You know, stuff takes time to percolate and, and develop. You can't expect, you know, that overnight. You know, it just, it's crazy to me. Every single day, there's been massive wins. Every single day, he's hammering it on such a level that the majority of the people out there simply don't understand it. They have no concept of what's happening, you know, and it amazed me. Some of the brightest people are tripping over themselves and tripping over their egos and tripping over their own opinions to try to, you know, put some sort of explanatory or they're resorting back to their liberal tendencies, you know, of liberals or their, or their, you know, their anti Trump mantra. You know, they're, they're just so stuck in that mindset of anti Trumpism that they can't see, you know, the sunshine, you know, that that's on the other side. It just, it's mind boggling to me. And, and we're going through a little bit of a, you know, trial period right now, but at the end of the day, you know, we're going to come out better on the other side. I mean, come on, it's, it's crazy to me. Give it a second. You know, we're one week into the tariffs that Trump's been talking about for 25 years. 25 years he's been talking about setting the, the record straight, right? We've been taken advantage of. This country has been taken advantage of a level that people can't comprehend, you know, and now it's time to say, look, that's. Create a level. It's better for everybody, right? Let other countries also be better, you know, but they, they don't. They want handouts and they want our handouts, and that and that's nauseating. You know, you get to a point where it's like, enough's enough already. You know, let's. We'll teach you. We'll show you the way. And then you do it. But do it right. Don't go back to, you know, nepotism and go. Go to dictatorships. That's not the way, so.
Chip
No, it's not.
Jeff
Come on.
Chip
Well, I mean, but Mike, Mike, Mike, Mike, Mike. And it's. And it's. And it's working. This is what's great. Mike, Mike, Mike says it's working. It is. So crypto Web sent me. Hang on. I'm gonna show you this on my phone, guys, because it's too complicated to try to pull it up. But look at crypto. Well, I don't know where you are right now, man, but this looks fantastic. There's the view of his pool right there. Check that, right? And there he is right there. Look at this. That's crypto. Whelp right there sent that to me. So there we are looking at it now. Let's take a look to down under up in Brisbane.
Jeff
Chip, Here's a. Here's a picture. This is what I'm looking at right now.
Chip
Good for you.
Jeff
The picture of my pool right on the beach. It's my backyard right there.
Chip
Looks gorgeous, Jeff.
Jeff
Isn't that nice?
Chip
Looks gorgeous. Look at this. There's a. There's a Matt Laroche's backyard. You see his feet there looking at his pool?
Jeff
Look at that.
Chip
That's beautiful, man. It's beautiful. There it is. Thank you, guys. Appreciate that. Look at that. See, we got all kinds of stuff. We got a view into what's happening with people out there. It's pretty fantastic. Pretty crazy. All good.
Jeff
My. Pulls an orange Home Depot bucket.
Chip
There you go. Well, that happens too, man. I mean, look, everybody's got. It's probably tough getting in feet first. Or you go ahead first into the shallow end for maximum impact, which is for maximum. To really do some maximum damage right there. I mean, it is just amazingly out of control. Jeff. This guy's a little bummed out. Let me play this one. Go ahead. What do you got there?
Jeff
Look at that. Look at this comment. What do you think about this comment here? Canadian. This from Z. Canadian politician says American tariffs on Canadian goods is a tax on Americans and that they will retaliate with tariffs on American goods, say, well, so they will tax their own people as a retaliation. And if you look at the percentage of our goods that are going there, versus the percentage of their goods, you know, coming here, you know, from a consumption perspective. But at the same time, they're also talking about removing all American alcohol from the shells. Yeah, they're doing all sorts, but it kind of got a little, you know, bizarre. It's like, if you're so concerned about, you rely on our economy more than we rely on your economy, we don't really need your economy. You know, we'll just choose something else.
Chip
I mean, you know, we can get maple syrup from Vermont. Okay, check that box. Check. Right, right. And the whole thing with the energy, I mean, the problem is, is, is that all what Trump asked for was seal the border. And so when Trudeau was prime minister, he floated the idea of, like, we're going to put so many people on the board, we're going to do this. Okay, great breath and execute on it. Now, Trump asked nice, hi, I'd like to ask Mexico and I'd like to ask Canada, could you please help us enforce the border so we don't have fentanyl coming across? Everybody won't even respond. But when he goes like, hey, we're going to put these 25% tariffs on there and then we're going to give you a little bit of a break. We just want some help with you on the border. Now. Nothing's happening. Now, it's funny because Mexico seems to be responding a little bit quicker and faster, and that's all they had to do. It's like they go immediately to war instead of trying to figure out what can they do to get the terrorist drop. Because when, then the funny thing is when you buy the alcohol, because Canada is like, is like state run, right? So it's, they're not like, it's run by the government. And so when they pull that off, they already bought the inventory. Like, if you pull it off the shelves, you can't. You bought all this inventory of American bourbon, right? And, and whiskey, you can't sell it. And so now it's just sitting there. And, you know, do you think people, you know, I mean, there's some, you know, I, I have a couple in my, in my whiskey, you know, stock here, I've got like three or four bottles from Canada and they make decent whiskey. You know, it's pretty good. But, you know, aside from the three or four that are pretty good, how many do we have, Jeff? Like, there's just a lot more variety, a lot different, you know, and you just pull it off the shelves. Okay, well, people can't drink it. They can't buy it now. They're pissed you screwed your. Over you like just sell the stock out. At least say we're not buying anymore. Like, I don't, I really don't know what that, what that really does for them.
Jeff
What do they have over there? They got crown.
Chip
They have. Well, they have. I don't know, I got. I have something called circa. That's pretty good. C I R, K A, which is pretty decent. That's probably, I think, one of their best tasting whiskeys. If any Canadians aren't here, you guys can go ahead and drop in there. What kind of. What if you drink any. Maybe they don't even drink any. I don't know. But look at this guy. He's pretty bummed out. Jeff, this is a sad. There you go, there's your pool.
Jeff
There's. There's your pool right there.
Chip
That's a damn big.
Jeff
That's the size of that, man. You can actually swim in that thing.
Chip
That's a 25 gallon at least. Man. Look at this. That's a kid lawn chair or that's a giant bucket. I can't tell which.
Jeff
Well, if you put it into perspective, you know, look at the dimension of the sidewalk in the parking space.
Chip
And that's a clean parking lot too. Beautiful trees in the background. Look at that.
Jeff
Like how they put the trees in the parking spots like that. Yeah.
Chip
I bet you they love when they pull into the people pull into that parking lot and see you lounging with your big, you know, that's white stuff on your nose, big ass sunglasses. You're diving into that sucker. This guy's bummed out. Listen to this, Jeff. Listen to his sad story.
Jeff
Oh, because of Trump, I just lost my job.
Chip
Oh, no.
Jeff
Yeah. In fact, my entire department just lost their jobs.
Chip
Oh, boy.
Jeff
I was one of the head research analysts in charge of discovering how much wood could a woodchuck chuck if a woodchuck could chuck wood. But according to our government, that answer doesn't matter anymore. No know, I mean, all those years, all that research just gone. And you know, the craziest part is now the world may never know the answer to how much wood.
Chip
Could a wood chuck. Chuck. Chuck. Foreign.
Jeff
I'm sorry. I'm sorry. Thank you for listening.
Chip
He starts cracking up at the end, Jeff. We're never going to know the answer to how much wood could. Like since I was a kid, people have been talking about how much wood would chuck and chuck, and I still don't know. There's an answer. Here we have this whole Research arm of the government with all the other useless that they do. And we still don't have an answer. How are we, how are we ever going to know what the hell they do? Nobody knows, Jeff. It's this big mystery. I still don't know how much wood Wood Chuck. Chuck.
Jeff
How much wood could Chuck Schumer chuck?
Chip
I don't know. But if it's anything like his hamburger cooking abilities, where he puts, where he puts a slice of Kraft cheese on a raw burger. Remember that one who's supposed to shows like what was it like? What was a Labor Day? Or it's like Memorial Day. He was trying to show that he was a real human. So he's cooking a pretend cooking a burger. He puts. It's a raw burger and he puts a piece of cheese on it. And now that lit the Internet up, man. The memes on that one were fantastic. My God. Yeah.
Jeff
Oh my God.
Chip
My God. These people are insane. I don't know what else we could, we could, we could possibly think about, but man, I, I just. We think about the stock market. When you think about the crypto market, this is Warren and Buffett and he has some really good advice. And I was talking about the stock market, but I do think this applies to the crypto market as well.
Jeff
Check this out of Investors are told, retail investors are told that they should have a certain percent of their portfolio in bonds. Maybe they're told 60, 40. Maybe they're told 70, 30 stocks to bonds. That's something that you should do and.
Chip
That'S the safe way of doing it.
Jeff
What are they missing?
Chip
Some people should not own stocks at all because they just get too upset with price fluctuations. If you're going to do dumb things because your stock stock goes down, you shouldn't own a stock at all.
Jeff
What are dumb things? Selling a stock.
Chip
Yeah, selling stock as it goes down. I mean, you know, if, if you buy your house at $20,000 and somebody comes along next day says, I'll pay you 15, you don't sell it because the quote's 50. You look at the house or whatever it may be it. But some people are not actually emotionally or psychologically fit to own stocks. But I think there more of them would be if you get educated on what you. You're really buying, which is part of a business. And the longer you hold stocks, the less risky they become. Whereas the longer the maturity of a bond, the more risky it becomes. Jeff, apply this to politics. How vested emotionally are these people? Like, you know, Orange Man, Bad Orange Man. Bad. I mean, my God, it's like every 20 seconds, someone's yelling, orange man bad. I can't believe it. I'm like, look, let's check back in a couple weeks, a couple of months. And they were. They had Scott Besant on all the Sunday shows today, and of course, they were pressing him. Don't you think this is a mistake? Don't you think this is the wrong way to go? And they're sticking to it. Listen, between. Between him, Lutnick, and Trump, these are some of the smartest guys that have ever worked in an administration. You got Elon Musk, you know, you got the. You got Tulsi Gabbard, man. I mean, you have this amazing alliance that kind of came over former Democrats. Also. You have Robert Kennedy Jr. It's. It's an amazing sort of a. Of a. Of an alignment of just some smart people. Compare that to the first Trump administration when they were pretty much all rhinos, pretty much out, you know, to see Trump not succeed. So where we are here is a Schumer can chuck a ton of that. Says legendary. Damn. Those are some harsh words. Ask AI how much wood could a wood chuck chuck? Jeff, why don't you get on that? Jeff, do you think. Do you think there's gonna be an answer if you ask how much wood could a woodchuck chuck? I think there's got to be something going on there. There's got to be something.
Jeff
Should be.
Chip
He holds Tron. Trx. That's good. Good for him. Munger will haunt Buffett if he gets into crypto. Yeah. Remember Charlie Munger? Charlie Munger hated crypto. I hate crypto. It's worthless, it's garbage. And, God, that guy lived to be, what, 96 years old? He worked. Right. He worked right up to his last day. God bless him, man. He hated crypto. But, you know, look, I mean, yeah, he's reserved the right to do so. I mean, he's had a. He basically worked in, you know, his whole life, and I could see he didn't like it. That's okay. Let me see what else we got here in the grab bag. Oh, check this out. Look at this little tidbit. I should throw up here, Go ahead and cue this puppy up. So, break in. U. S. National Economic Council director Kevin Hassett says more than 50 countries have reached out to the White House to begin trade negotiations. Huh.
Jeff
What do you know?
Chip
I know Vietnam reached out and said they want to drop their 46 tariffs down to zero. When can we get started? And you Know, the funny part about it is everybody was okay with the, the, the, you know, them not being fair. Like we were charging 2 and a half percent in and in some instances leaving Canada charging 250 on some products like dairy and cheeses and stuff like that. So what does that mean? That means you're never selling your, your goods there. People aren't going to buy it. Right. It's not possible to do it. And if you think about it from that perspective, 50 people we played the clip the other day of John Kennedy, Senator John Kennedy came on and said the, the hotel across the White House is going to be packed with representatives from foreign countries coming to go speak to Trump to figure out how to negotiate. And this is kind of a crazy thing too. I, we're gonna. UK Prime Minister. Look at this here, Jeff. Big story. UK Prime Minister Keir Starmer is scheduled to make a significant announcement on Monday. They've been talking about this. I'm a little bit pessimistic on this one because that sounds a little bit sketchy, but. Oh, he's going to declare the globe globalization has failed. And making a shift towards a new economic era or statement comes in context of ongoing global economic discussions, including reactions to recent tariff decisions. Starmer's declaration reflects a broader reassessment of global. Jeff, we, we pretty much know this, but do you think Keir Starmer, like his, his puppeteers are going to allow him to come out and make the statement? I don't think it goes down exactly the way they think it's going to go down. I mean, you think this is possible? He's going to come out and say globalization failed because what's behind that? Is he gonna like, say, oh, I got to take care of my people. I gotta like, make sure. Oh, wait a minute, what's this? My strength abroad, security at home. My government will do everything necessary to protect Britain's national interest and deliver for working people. Geez, that message sounds somewhat familiar to me, Jeff. Almost as if, almost as if it's out of a page from Trump. Right. So is everybody getting on the Trump train and pretending they're going to go do they're going to work for their people and they're going to make, you know, put Great Britain first. I don't know, something seems fishy.
Jeff
That's what they got to do. You know, it's when they, when it comes down to it, you know, everybody's got to worry about their own country. They got to do right by the country that they, that they're Elected to do right by. And that's what it's all about, you know, but for so long all these countries and you know, everywhere just been preoccupied by driving all the money into the hands of the elitist class that, you know, just they've forgotten, you know, they've been in power way too long and they've forgotten about the people, you know, and that's the, that's the sham of it all.
Chip
That is the sham. And you know, I was just, I was reading this. This Joe buddy says Warner Munger remind me of those two old guys from $40. It was actually Trading Places. Yeah, he corrected it, Mortimer and I forgot the other guy. But this was them, if you remember them from the movie, remember they were. This is Charlie Munker. Kind of like I could see that. I can see there's a little bit of that there. There you go. Here you have it. Trading Place is what it was. Yeah. 40 hours a different thing. I believe it. When they start deporting was, geez, oh, hey now, hey now.
Jeff
Please don't care if my kombucha.
Chip
No, man, we're not gonna get your kombucha, but don't do it. A friend of mine did put his kombucha in his. Put it in his cabinet. Apparently he was not. He didn't really understand that it needed to be refrigerated and fermented and just blew up, blew the door off. The thing exploded, put in the top thing and after a while of just sitting there, sitting there, sitting there, sitting there.
Jeff
Boom.
Chip
It just. The whole bottle shattered, blew door.
Jeff
I can't imagine like a bomb went off. Imagine.
Chip
He's like, I didn't know. Good. Why didn't you put in the refrigerator? Because I thought I was going to do that when I was going to drink. I'm like, no, dude, it's so. It's fermenting. What I love to see is the White House doing this kind of stuff. This is from the actual White House account. It says do not ask. We do not ask for permission from far left Democrats before we deport J.D. vance. And they actually put this cartoon version of it up. It's just incredible how this account has become pretty fun when you start looking at the White official White House account and how different it's been from where you know, where it's been previous. They put a lot of the clips up there. There's a lot of good stuff you can find there. Trump talking. But they put a lot of good stuff up there, man. It's a really repost a lot of other things, so you can kind of really figure out what's going on in other areas. So, know, it's pretty good. Homeland Security, what's going on? And Trump wins. And just, man, fantastic. Just good, man.
Jeff
Because it's every day, you know, how are you going to keep up with all the things? And we haven't even got to the, you know, good news on the crypto, you know, because here's the other part of it, is that there's already been, you know, a lot of turmoil in the X space, especially from crypto people in terms of, well, Trump, they haven't done enough for. What are they, what have they done for crypto? It's like, come on, two months in, they're like, well, what bills have been passed? What, what's happening? You know, it's just like the first president in the history that had come out embracing cryptocurrency, embracing the blockchain tech, moving us in the right direction. You know, big CEOs are in the, in the crypto blockchain space, Understand the, this, the, the, the true meaning, you know, behind the direction that we're moving in. They know what's happening, they know what's about to unfold. And it, again, you know, it takes time. I don't know why people think everything is going to happen overnight, you know, where it's just all of a sudden we're going to have all this public, all this policy on the books and everything's going to be perfect. You know, it's not going to be, you know, sunshine and, and rainbows and unicorns. You know, it takes a minute, you know, so it's like we just suffered, you know, four years of the worst administration in the history of this country, which almost brought the country to its knees based on the open border policy. And just letting you know, the chaos reign and the amount of money and corruption is, is at a level I don't think we've ever seen before. Now we got to recover. It's just like, come on, take it. What was that one thing that you had posted earlier that we had commented on yesterday? Oh, that was the Nolte. Whatever. You know, we, you know, basically, Trump is unplugging. You know, it's just like, unplug, reset, plug back in. Yeah. When you call if you have a computer problem, what do they tell you to do? Oh, well, unplug it, shut it down, reboot, you know, did that fix it?
Chip
That's what it is.
Jeff
We're kind of at that Phase right now, right?
Chip
It's, it's a reset, you know. And what I like about, you know, every time, you know, the, the press secretary would go there to start asking, like, start making up lies. And she always has the receipts, she always brings them, she knows exactly what they're going to be doing. I'm just looking for a unicorn. That's it. Hell, heavy. Of course. And why wouldn't you be?
Jeff
How cool would that be to have a unicorn that you can own a unicorn?
Chip
I'll be honest with you. I'd rather have a talking like dog or a talking unicorn. But you know, what if it's hot? What if it has a weird voice? Then you're like, ah, maybe want to keep you inside. Do you know what I mean? It's like, hey, I'm a cracking unicorn. It's like, no, I want to cool. Like if you had a dog who was like, hey, what's going on? Dog. Talking dog. What do you want to know? I talk politics and geo politics and crypto. But you know, you get like a. Maybe a fruity sort of a, you know, a unicorn. It's like, hi, everybody. No, man, I'd be like, oh, we're gonna keep you inside for a little longer to go back to. Go to magic land and we'll, we'll talk later. We don't really, we don't really want to be discussing anything right now. You know, we're just gonna just kind.
Jeff
Of talk about what was the platypus. Remember the. What was the baby. What was the bait? What the was that?
Chip
What the hell?
Jeff
What's the name of the character? The one character that you'd come up with the baby something.
Chip
Oh, baby, baby.
Jeff
Baby Puss.
Chip
Baby Puss, Yeah. I wish I could find those Baby Puss ones. Those were. Those were epic. I did those. Epic. But then they changed the program. I couldn't do baby Puss anymore. It like made me mad.
Jeff
Baby.
Chip
Find it on us. Let's see if I can find it was on.
Jeff
Did you ever post it? I think I made a baby, posted it somewhere. But where did it go?
Chip
I remember put it on Babyfuss site website.
Jeff
Right.
Chip
I don't know where those are. God, those were good. Baby pussy.
Jeff
Baby pussy. Go back and find it. Were they on X?
Chip
I thought so. I thought I had a Baby Puss account, but I don't know. Maybe I put it on my account. I don't know. I can search. I don't know where I had those, but they were funny. Gosh, those were A long time ago, Jeff.
Jeff
Oh, my God.
Chip
God, those were.
Jeff
We were gonna try to interview Baby Puss.
Chip
Yeah, that was. Those are some good times there, Jeff. Some good times indeed. Maybe I put it on my account. Let me see. Let me look here. Is it two words? One word? Because that would be just. No, nothing comes up. That's weird.
Jeff
Really bizarre stuff comes up when you.
Chip
Yeah, look for it, baby. Push. Where the hell were those? I wonder if I could find it in my phone. It's so weird. Like, weird anime comes up. Is that like an anime character? God, it's weird. I mean, and some not. Yeah, and some of. Jeff, man, I'm just looking for.
Jeff
Baby, Looking for a character.
Chip
I'm looking for a character here, people. Come on. Like, where can I. How come I can't find the character? That was.
Jeff
Oh, my God. That was the best.
Chip
Oh, here it is. I think I found it. I did find it.
Jeff
You found it. Nice.
Chip
All right, let me see if I can. Okay, let me see if I can share the screen here. My goodness.
Jeff
Now, how do you know unicorns have magic and grant wishes?
Chip
Right? See, they. You don't know?
Jeff
We don't know.
Chip
That's the whole thing. It's like.
Jeff
It's a huge problem with the unicorn.
Chip
I know. What do you want a talking dog? You want a magical unicorn? That's the. Put the poll up, Jeff. We should be pulling this stuff. We should know the answer.
Jeff
All right.
Chip
Before the end of the show. Would you rather have a talking dog or a magic unicorn? What if it's. What if it's magic in the ways you weren't expecting? Like, it's not necessarily magic because it grants you wishes.
Jeff
Magic in a good way. That's right. It might.
Chip
Right? So that's. That's one of the things that. Let's see.
Jeff
It sounds like a good idea.
Chip
Oh, you know what? I'm gonna have to download the video because, you know, I'm doing that cross browser thing going on. Let me do this one. So I'll have to download it, unfortunately.
Jeff
All right, we're gonna do this on the live stream, but you're listening on the re. Watch. Go ahead and comment on this poll as well. Would you have a talking dog or a talk unicorn?
Chip
Yeah, let's see what people come up with.
Jeff
All right.
Chip
I mean, you could really monetize a talking dog. You could really do some cool things with a talking dog. I think, for the most part. True. You know, when this goes back to Jeff, take a year. Take a guess on the year 1952. Pretty close. 2019.
Jeff
20, 2019.
Chip
It was almost like, just almost right on. Almost right on the mark.
Jeff
That's insane. 2019.
Chip
Yeah.
Jeff
What the.
Chip
Can you imagine?
Jeff
No.
Chip
Holy cow. I can't believe you even thought of that. Dude, that has been raised. That's. That's been erased from my memory for, like, six years. God, I. Anyway, I was able to dig two of them up. So let's. Let's listen here, Jeff. Here we go. I'm gonna. I was. I'm gonna put. Put both of them up. I don't even remember what this was, but this was me goofing around creating this character. 2019. November of 2019. Here we go. You ready? Here's the first one. Now, you've probably heard a lot about.
Jeff
Lord Lionel and all his bullshit, all.
Chip
This fair market value and this and that. I'm here to tell you I'm gonna be a lord soon. Oh, yeah, I ordered it. I ordered it a few moments ago. Cost me. Send me back $12. So what do you say about that, Lord Baby Puss? This is Baby Puss, and I'm out of here. Was a really angry Baby Jeff, if you remember, he had, like, a lot of. A lot of problems. Remember? I mean, you gotta resurrect B, baby.
Jeff
My God. Baby.
Chip
So, Jeff, you remember that we did a story about, like, you could become a lord of, like, a plot of land that was like, maybe this big in, like, in UK somewhere?
Jeff
Yeah.
Chip
For like, $12, it would certify you as the lord of some land. You could.
Jeff
Oh, that's right. I remember that.
Chip
And so that's what. Lord. That's what that whole thing was about that we. We shared that little. That little piece. Here's the second one that I was able to find. It's Baby Push. I'm getting a bit of fed up with this. Market's tanking and everything hurts and Wah, wah, wah. Stop your complaining. Remember one thing. This is Baby Push telling you to just relax. We baby been here before. People. Are you stupid? Let's get through this together. Hold on strong and stop your belly aching. This is Baby Puss, and I'm out of here. File that under the things. File that under the things. That didn't work so well. It's Baby Puss. Enough belly aching already.
Jeff
Yeah, Chip, there you go. AI, Matt's saying, hey, I would totally enhance that.
Chip
Oh, we can do. We can do. Well, that was like, you know, it was one of those shitty programs back in the day, man.
Jeff
I mean, it was way before AI.
Chip
Yeah, that was. That was way before AI, man. That was when you could. That was like the. You could do a swap with the. But this was. This was the. Look. I could revive the account with the FUD and whining about the bear market. Grow up wearing this for the long haul. Join November 201926 followers. Who even knew he did push? I mean, who even knew that Baby Puss was a thing? Look at the face.
Jeff
Oh, my God. Baby Puss.
Chip
We need a. We need an AI Baby Puss. How great would that be?
Jeff
We do need to create an AI baby.
Chip
I can't believe you remember this whole baby post thing, man. This is insane.
Jeff
That just came out of nowhere.
Chip
Look at this, guys. This. Look at the shrimpers. The shrimpers are super happy with the tariffs. Shrimpers here like tariffs because they say they will save their jobs and save their entire industry. We have to remember that more than.
Jeff
90% of shrimp consumed in the United.
Chip
States is imported from overseas. And the American shrimpers say they just can't compete. Let's bring in Leanne Bosage, who is the fifth generation of her family to be involved in the commercial fishing industry. Leanne, what would happen to American shrimping without tariffs?
Jeff
Well, the US Domestic shrimp industry has been on a downward trajectory for decades now as a direct result of the unfair trade in the overseas aquaculture industry for growing shrimp overseas. And these tariffs threw us the lifeline that we needed to hopefully live to fight another day in our industry in this country.
Chip
Well, at least somebody's happy with it, Jeff. I mean, that's right. At least the shrimpers are happy. My God. I mean, sounds like they're a Gump stock going ballistic.
Jeff
That's true. There you go. Oh, this poll is awesome.
Chip
Bubba Gump. Bubba Gump. This guy had some commentary on Trump. Listen to this.
Jeff
Funny is, I don't care what you think about Trump. I don't. It doesn't matter what you think. It doesn't matter. You call him a 34 time felon or an insurrectionist or a bad businessman or misogynistic or racist. He cheated on his wife. None of these things matter. It didn't resonate. But the problem is you're still talking about it. And you hate this man so much because you believed all the gullible that they told you that you keep doubling down because you can't imagine that you were wrong, that now all of a sudden you no longer stand for things that you used to stand for. You bought in the Russia collusion. Quid pro quo. Very Fine people, bloodbath. The list goes on and on and on and on. Now all of a sudden, securing our borders and getting rid of violent offenders is a bad thing. No longer good for Americans or American people. You now think that getting rid of waste and corruption and mismanagement, misspending over money in the government, which you have screamed for for decades, is no longer a good thing because Trump's doing it. And using Doge, which was something started under Obama, just renamed. You no longer think it's a good thing to end the war between Russia and Ukraine or Israel and Palestine. You think the war should go on and peace is a bad thing because Donald Trump is the one bringing it to you.
Chip
He's right, Jeff. It's like, wait a minute. Peace. We don't want peace. Who said anything about peace? Wait, government corruption. No, no, keep funding the government corruption.
Jeff
It's amazing.
Chip
I mean, imagine, like, there can't be some commonality there. Right? But did you see that one of the, One of the people that I, you know, was, is up for trial, who got busted for, you know, doing something to a Tesla, and he based his. His defenses. Democrat leaders incited the violence, told him to go do it. I don't know, Jeff. Alaska. He's not wrong. I mean, there was a lot of evidence where they can point to some Democrat leaders talking about what they should do and get in their face and. Right. He could play a whole long video on that. So what do you think about that, man?
Jeff
Well, I think it's a good defense.
Chip
Violence.
Jeff
They. They incited it. They told them that this is what you have to do. And the thing is, if you keep thrown around this term Nazi and you try to paint anybody within the MAGA movement as being evil and against this country and dictatorship and, you know, just the way they do it, though, you know, there's ways where you can specifically show, like, you know, that they've corrupted the country like the last four years under the Biden administration. You can specifically point to the facts on the ground to say, here's everything they did. Here's all the hate they spewed here. And here it is, one thing after another after another. They have. They don't care about this country. Look at how they squashed your rights. Look at how they stepped all over the little people. Look how they used and abused you during COVID Look how the Canadian government used and abused their citizenry during COVID Look at how the uk, you know, government is currently using and abusing their citizenry over social media posts. And removing any type of freedom of, of expression and speech. And look at what, you know, on a global scale that country after country did, you know, it's, it's a crazy thing, you know, so, you know, I don't even know I'm reading this. I'm the one who said it though. But sees are here. Adrian said anytime you ever sees the or Nazi, it's an MVP rant mode time. I'm the one who brought it up actually. You know, but that's really funny. But that's the whole point, you know, is that this whole notion of what's going on right now and the way they're, you know, they're using this, this, you know, from. It's just so negative, you know, that's all. They don't care. They don't care about, they don't care about cryptocurrency, they don't care about the stock market, they don't care about anybody on a retail level. They don't care about the betterment of this if they cared about your progress and actually living a true American dream, which is being able to create and you know, amazing things out of nothing. Not buying a house isn't the American dream. It never was the American dream. The American dream is being able to come here with nothing in your pocket or a penny in your pocket and being able to accomplish anything you seek to accomplish. That's the American dream. Somehow they've twisted this narrative and notion that the American dream is only about owning a home. That's it. That's the American dream. All of a sudden, you know, and that's not. And it's not, you know, can you get an education? Going to college isn't the American dream. The American dream is coming here and accomplishing anything you want to accomplish doesn't mean going to college and getting a four year degree and then being subservient to the state and to some corporation for the rest of your existence while you try to pay back your tuition, you know, that's, that's not what it's all about, you know, and that's why they crush, they try to demoralize and crush the industries. Whenever they see retail doing too well, they find a way to crush it. And then they're the ones who allow these, you know, this, this kind of elastic economy to take place in many scenarios. Look at like the, they kept talking about the dot com, you know, lots of people investing in dot com chip. Then they talk about the bubble, right? And then it became a self fulfilling prophecy. Oh the bubble is going to burst. The bubble is going to burst. Bubbles. Guess what happens? The entire economy. Crap. But the impetus of it, it wasn't that, that the dot com, that there was too much and finally it burst. No, it was Bill Clinton and Al Gore that decided that they were going to sue Microsoft over their, their browser at the time and they went after them. That was the impetus, you know, that was what, that was the pin that, that pricked the, the, the balloon, you know, and, and then we saw the housing crash in 2008. There were a lot of things that were building up the momentum but then all of a sudden the media and the turmoil and they're like it's going to crash, it's going to crash, it's going to crash. And guess what happens? It's a self fulfilling prophecy. Now Trump is talking about tariffs for the longest time a weekend, not even a week into the tariffs and what do you hear? Oh, the market's turning, the market's turn. It's going to go down, it's going to buy, you know, and this is all you're hearing every single day. It's the same type of mindset.
Chip
And if we, if, if we don't sell our products there now and we make it more difficult for their products to come in here, I'm sorry, where's the problem again? You're tariffing us 10, 20%. We don't sell our products there. But you bring a ton of your products into our country and sell them here. We say we're going to be reciprocal and now we're going to charge you a closer tariff and then everyone's angry. So how does that hurt us? I'm sorry, I'm sort of missing this. What I do know is like we had a scenario where General Motors closed down the plant in Mexico and in Canada and is moving it to somewhere in Indiana. Right. To be able to make it because they don't want to pay the tariffs. So there's a lot of design behind this. When I look at people like Scott percent and I look at Howard Lutnick, these guys are big ballers who did extreme. If you know about Bessense background, you wouldn't doubt anything. He has a hand in this and he was on, he was on the Sunday shows this weekend basically talking about it. Here's him right here trying to do another gotcha. Get you interview with the, with the mainstream media and he handles it like a boss. The guy's a professional. I'm so impressed with this Trump administration and the People that were selected because I didn't like the people that were selected last time. Bunch of rhinos. I mean, it was just an uphill battle. He got some stuff done, but not the breakneck speed. He's, he's got his people in. He chose this time, not consultants. The consultancy class. Here we go. Is that correct or is the president considering postponing implementation to negotiate? There is no postponing. They are definitely going to stay in place for days and weeks. Weeks.
Jeff
That is sort of obvious.
Chip
The president needs to reset global trade. Everybody has a trade surplus and we have a trade deficit. We are paying away our future and our lives. The countries of the world are ripping us off and it's got to end.
Jeff
The president has made it crystal.
Chip
She tried to edit there. She's okay, but she had the loaded question like. And he just gives us some thought and he just goes, no, this is the policy. We're going to protect the factories that come build in America.
Jeff
We are going to protect them. They're going to be successful.
Chip
That's why they're going to build in America. The answer I wanted, okay, economy in the earth.
Jeff
All of these companies are going to.
Chip
Come and build here. She tried to do. They always try that. And this is the other thing. I mean, they do not roll over. They bring the receipts. They used to. But when the mainstream media used to interview a Republican, God, it was a disaster. Do you discredit so and so who said this? What do you say and how do you feel about the subject now? They're just like, they, they just, they're so quick at overturning this stuff. They got an answer for everything, Jeff. It's just fantastic.
Jeff
I like some of the comments here. Chad said the new American plants will be next level automated. And that's what we need. You know, we definitely need new automation. And this is interesting. I remember a number of years ago they were interviewing, they were shutting down plants in Flint, Michigan. And so I remember them interviewing this one guy and, and this, this is where you realize there's something stuck, right? So, you know, he, he had said as they were interviewing, he wants to make sure that his kids and his grandkids have some place to work. That's why he wants the plants to stay open in Flint, Michigan. The reason why they were shutting those plants down is because they were turn of the century plants. Like when the, when the automotive industry first started. We're not talking about turn of the 2000th century, talking about early 1900s. Right. When the automotive plants. That's how old those plants were, and they were unsafe and they were old technology and they. And they were shutting them down. But then I said, look at this mindset, right? The guy, all he can think about is that he wants his grandkids to work in the plan. Plan. That's not what you want. You want them to move on, have someplace better. Why would you want them to work in such a bad environment? Right. It was a real crappy environment. Right? And so it just. It's. So we need next level. We definitely have to get next level. And then one. One other comment. They can show up Matt's. But Mark said domestic manufacturing is a national security issue. So because of the fact that we weren't retooling, they were pushing production to Mexico, Canada, China, wherever. And everyone was going to where it was cheaper because of cheap labor. That's not right either, right? Is that, you know, you want, oh, let's go produce it so they could go take advantage of another population. And then they don't have the same, you know, the re. Why is it that plant production in this country was. Got to an astronomical level of cost because of the union, and the unions kept negotiating pay rates, that the plant workers were getting paid a ridiculous amount of money. And I'm not saying whether you could argue whether they get it, don't get it, whatever, but they took advantage of it. Some of these guys were getting paid double time, double time and a half, you know, triple time, whatever. It was amazing where they would take advantage of their hour, their schedule. They put them on weekend schedule, but the weekend was the regular schedule. It's like they're working there five days a week. So it's not like they're working overtime. They're working on the weekend, but they're getting paid like double time or a double time and a half to work on the weekend, not during the week. And. And then it became this whole. I mean, there are all these ways they were taking advantage of the system, making, you know, well over six figures. I'm not saying it's not hard work and all of that, you know, I think. And I know quite a few people that work on. On the. That were working on the line and making really good money doing it. But, you know, and it's not. Definitely not easy work, definitely difficult work, but that's why the cost of production's so high, you know, whereas you go to other countries, they're paying them peanuts to do the same work, you know, and is. That's not right, you know, you know, so what's the balance? What's that?
Chip
Musk is outfitting 100 of his. His Android robots. That will do a lot of the work. I like this comment too. Terrorists will cause the Fed to lower interest rates, which will allow us to refinance our national debt. But Chad wrote up a good point is Chairman Paul hates Trump too, so don't look for that rate cup. Lee Taylor wants to know if you bought the dip. And right now, if you're talking about the dip, let's just take a random look at what's going on in the market here. XRP is A$92. Yikes. Good. Good to buy in, though. If you're going to buy in, that's a good price to jump in at. Check this out. Look at this here. Bam. So you got Bitcoin is down to 78, 000. Ethereum's at 1500. Tether. Who cares about tether? XRP got BNBs at 560. That's actually done pretty well. It's actually up a little bit. Solana's down a lot. 106. Tron at 23 cents. Cardano at 57. Let's see. Chain link, $11. Look at Stellar. Really? That's still really. Nothing ever happens to stellar. It's like 22 cents. Never nothing letting that happen. Avalanche is 16.
Jeff
What's this?
Chip
Did you see Suey? Look at SUI dropping. Sui was on. On January 4th. Sui was $5 and 50 cents. And now it's a dollar 92. So Sue's going to be a good one to buy into. Hedera is at 14. Another good one. You know, it's good. There's some good buys out there, man. Polka Dot. Three bucks. Yeah, I think Polka Dot's kind of a. I don't know if it's a little bit. How can they have an animated one there? But there you go.
Jeff
Yeah. How do they get that?
Chip
I don't know. They got some special cloud over there.
Jeff
Osman's making a good point here, too. Trump said we're fully. We're on track to fully eliminate capital gains in 2025. That's critical. The Democrats remember what, what Biden and Harris wanted to do. They wanted to tax unrealized gains, right? Unreal. Unrealized. So imagine you have your portfolio and you made, you know, $10,000. They're gonna tax it because you didn't make it. It's unrealized. But they wanted to tax it, which is insane. But here, even just regular capital gains. Think about every time you sell a Digital asset and you exchange it for one to another. That's a taxable event. You know, it's either a gain or a loss. That's. It's difficult. And why is it. It's a. If it's a currency, you know, we're just exchanging one currency for the, for the other, you know, and let's find a way to boost this industry, you know, why are we continuously punishing the productive members of society? Why are we always punishing people, you know, and that, that's what this, what it's all been about. They want to keep the little guy, the little guy and make it. But you can get there. You know, again, it's American dream, but they want to make it more and more complex and difficult to achieve the American dream. You go to other countries and you can't achieve that same dream status like you can here. Which is why people from all over the world come to this country and want to be here from all over the world as, as much as they don't want to leave their home countries, because that's where you're born and raised. And it's hard to do it as bad as it might be, you know, but you leave everything behind to experience this opportunity, which is why during the gold rush, people moved westward in this country and sacrificed everything. That's the American way, you know, that's what, where it all started, man. That's the American dream. And people do that from all over the world. And it just, it's amazing. That's like number three.
Chip
Number three. Trump job approval rises 4 points to 53%. Nolting media fail. Another media womp, womp, womp, womp. So here's CNN covering the really fantastic March jobs report. Listen, let's listen to this job. This is CNN covering it.
Jeff
King News. Now, the March jobs report just released moments ago telling US that the US economy added a stronger than expected 228,000 jobs jobs last month. And as the unemployment rate changed only slightly now at 4.2%. Matt Egan back with us.
Chip
Okay, 228,000 jobs were added. But look at how many they expected. They expected that was going to be a good.
Jeff
What does this mean? Well, this is good news because it shows that the jobs market was in good shape in March.
Chip
I think the bad news is there.
Jeff
Are growing fears that this march, that this.
Chip
See, there's growing fears, Jeff. You just can't let it have a wind go by. It's good news, but growing fears and.
Jeff
That this unfortunately may not last because.
Chip
Of the trade War.
Jeff
Let me run you through the numbers.
Chip
228,000 jobs added in March. Now, this was stronger than expected.
Jeff
This really blew away forecasts for around 130,000.
Chip
Also. This represents 130 to almost 230. Almost 100,000 more than was expected. But Jeff, that ongoing trade, a lot of concern about that, that trade war acceleration from January. How's your trade war? You're still selling your products here. You don't want to sell them here. Good luck, enjoy the loss.
Jeff
And from February, both of which were.
Chip
Revised lower the unemployment rate, it did.
Jeff
Tick higher to 4.2%. That was expected. When we dig into some of the sectors here, the one that everyone's paying a lot of attention to right now is the federal.
Chip
Federal government. Yeah.
Jeff
This report showed that federal government employment did fall by 4, 000 in March. That follows a 10,000 drop in February. But we're.
Chip
Yeah, government workers are gonna let go. And they're. Oh, this is how, by the way, this is how Biden was helping his numbers out. He kept adding 15, 20, 000 government workers to kind of pump up his average. And then the revisement. Now, the funny thing is, remember what they would do is they come out and they say 160, 000 jobs were created. And then two weeks later, on a Friday news dump, they would come on, say the revised number is only 100, only 97, 000. Right, right. With the revised number. Oh, we got it wrong. They did it every month like that. So no one paid attention to those numbers, Jeff. Every single time. But I think it's funny the way he positions it. Oh, my God. The, the death and destruction. And look, here's Mr. Wonderful, the criminal.
Jeff
I don't think we have to talk about.
Chip
I was talking about the, the people that were caught defacing, you know, blowing up Tesla dealerships, hitting Tesla cars. And I really like Mr. Wonderful coming on here. Kevin O'Leary coming on strong on CNN. Listen to this criminal.
Jeff
And I don't think we have to talk about it in any other context. And all those cars have cameras in them and those dealerships have cameras. You're beyond being stupid when you do that. You're going to go to jail. And you now have a government that just got their mandate. They can't wait to find idiots that do this. You're going to spend five to 20 years in prison. If they get them on terrorism, which I think is a stretch, they will have no parole, no shortened sentence. They'll rot in hell in prison for 20 years. And frankly, as far as I'm concerned, that's okay. Breaking in, shooting a car, setting on fire. Nothing to do with the politics, nothing to do with Tesla. You are a criminal and you should go. The broader question about the protest factor.
Chip
I mean, you heard protests, you know, I'm talking about Tim Waltz and his.
Jeff
Comments about the Tesla stock.
Chip
He says it gives him a boost to see that stock going down.
Jeff
Poor guy didn't check his portfolio in his own pension plan for state. It's beyond stupid what he did. He's talking down a 3 1/2% weighting in his own pension plan. I mean, what's the matter with that guy? He doesn't check the well being of his own constituents.
Chip
That's their investment.
Jeff
What a bozo.
Chip
She goes, fair point. She thought she was gonna have some reaction.
Jeff
I know.
Chip
His own pension. His own pension. He's like trying to talk it down. What's wrong with that guy? Plenty's wrong with them.
Jeff
Oh, my God.
Chip
Everybody's walking around doing the Nazi salutes.
Jeff
Oh, my God, that's too much funny.
Chip
I mean, you gotta just love it, man. And then this.
Jeff
Hey, I'm gonna end this poll here.
Chip
Yeah, end the poll. Let's see what we got here. What do we got?
Jeff
See if I can. Where'd it go?
Chip
Don't worry, he revived himself later, Mark, there it is. He absolutely revived himself.
Jeff
All right, so the end of the poll there. Would you prefer to own a talking magical unicorn or a talking dog? And the winner of this is. 52% of you guys voted to have a talking magical unicorn, with 47 wanting a talking dog. However, God, however, John Doe crypto said, I want to change my answer to the magical unicorn. May it be noted. Forget about the magical part.
Chip
Well, I don't know. We don't. We need to find what the magical part was.
Jeff
It's true. If it's a magical unicorn, he could manifest a talking dog for you.
Chip
Talking dog. Let's listen. A talking dog. You know how much money you can make with a talking dog? You could get movie. I mean, you would just like be able to monetize the hell out of that talking dog. Yeah, but especially it was a funny talking dog. You have a routine, go on stage. I mean, man, you do interviews, you can be talking serious and dog will be saying behind your back. It would be the greatest thing ever, having a talking dog.
Jeff
It'd be very funny.
Chip
I don't know how that came up, but just like most shows we do, I don't know How? Most of it, I have no idea. I don't know how Baby Puts made an appearance, man. Who knows? I mean, my God.
Jeff
Appears we start talking about.
Chip
That was when I had hair like you, Jeff. When I started Baby Puss. I mean.
Jeff
That's right. Damn.
Chip
Then on next thing you know, after you let it grow a little bit, look what happens. My God. What the hell? Adrian says I changed my answer to a coffee making yeti. Hell yeah, dude. That is way better. I will give you that coffee making yeti all day long. Absolute demente for sure.
Jeff
Lay Taylor says.
Chip
Oh, my God.
Jeff
Xrp, we are. We already have a unicorn.
Chip
Come on. We have a unicorn. You're right about that. Yep. You're right about that for sure.
Jeff
Battleroch. And Baby was got another follower.
Chip
Yay, baby. You actually looked up Baby Post after six years, Damn.
Jeff
Resurrected Baby Puss got a follower.
Chip
And then they're like, that counts. Hasn't posted in six years and someone just followed it. What's going on? All right, it'll screw up the algorithm. Let's do it.
Jeff
It's time. But we gotta do it. Do a drawing. Gotta play the promo for the drawing. It's about that time.
Chip
Ready to go.
Jeff
Okay.
Chip
What's the word of the day?
Jeff
Yeti, do you have your salmon wallet ready?
Chip
Why?
Jeff
Because this one's gonna be. It's time to claim your own legendary Blue Tribe Yeti of the clan.
Chip
His name is.
Jeff
Let's go.
Chip
Go on the chain. Like when he dances with all this stuff behind him, it's like Star wars or something. All right, guys, let's go. We had all the time to do it. We got 26 in here. I'm gonna go three, two, one. And I don't want to hear one word about being rigged. Not a word about it. I'm gonna hear about rigged, rigged, rigged, rigged, rigged. Look, it's a streamyard.com giveaway. Can't rig it. Here we go.
Jeff
Osman says Tongander is mine. All right, now we're gonna see if the.
Chip
Let's see.
Jeff
Streamyard algorithms are always listening.
Chip
Yeah. Then there might be.
Jeff
Ray said it's rigged.
Chip
Rigged, Right? Now, if Ray wins, then that. You know, that might dispel that, but here we go. Let's go, Justin already. Come on, man. I didn't even pull the trigger yet. But Justin is due. He's been. That's one right before it hits, which I don't like. Let's go. Tick, tick, tick, tick, tick, tick, tick, ticksy. Let's go, let's go. Who's it gonna land on? Anybody knows? Who is it gonna be? Who is it gonna be? Andre H wins. Andre H wins. Andre H wins.
Jeff
Is there an Andre H in here?
Chip
I don't know.
Jeff
Andre.
Chip
I do know an Andre H. I don't know if it's the same Andre H that I know. Who is Andre? Andre H. Don't know. Is Andre H in here? You got to say I'm here. Otherwise, read will absolutely redraw. We need to hear I am here. I'm here in the wallet. And you have. And also you have that wallet as well. So we do want to see that here.
Jeff
1.
Chip
A crypto office is easier.
Jeff
It is.
Chip
Can't even say rude this time because I've never seen a win yet.
Jeff
That's true. However, now that we have to draw it a second time, this is where.
Chip
Andre H is not here, man. We might have to go draw again. I don't see him in here, man. It's funny. I know an Andre H, but I don't think it's on that Andre H.
Jeff
All right, here we go.
Chip
I'm gonna have to redraw, dude.
Jeff
Charles said it's rigged.
Chip
I knew it. I knew it was rigged. John Does. No, you're already in there for the drawing because you have 29 nothing changed.
Jeff
Languages is on Adrian.
Chip
Adrian.
Jeff
All right, here we go.
Chip
Okay. It sounds German.
Jeff
It probably is.
Chip
It does sound German.
Jeff
Or it could be South American.
Chip
Could be that too. All right, guys, I'm sorry, Andre, you had enough time to report in. We didn't hear from you. We are redrawing. Let's see who's it going to be? Ready? Here we go. Let's redraw. Click correct. Boom.
Jeff
Wins. Look at that.
Chip
X Lloyd, who is excellent. Is X Lloyd in the house?
Jeff
He is.
Chip
Andre, wake up. He is in the house. And he tried to even wake up Andre. Now he's like, I would have. Should have got my mouth shut. He said like this. Andre, wake up.
Jeff
He wasn't really getting in there to try to wake up.
Chip
We know you're here, dude. Exploit. Oh, we know you're here. Okay. Get that zomban wallet while you're doing this. I'm going to put thune or Thorne actually talking about President Trump.
Jeff
And then we got a roll.
Chip
Then we got a roll.
Jeff
Gotta get. I mean, all Ms. President Trump is doing in Descent is they're implementing a strategy that was developed by Alexander Hamilton. Once you change your frame from to the 1800s and how the America grew without income tax. You know, think about What Henry Clay had to say, this all fits those that are hanging on to the past. And you know, Clay Christensen wrote a wonderful book called the innovator's dilemma about those individuals that the status quo that will not let things go. Wall street is hanging on to the past and they need to start focusing on the future that the United States has to evolve. The United States will evolve. It will be the leading economy. Their government will be the most efficient. And this is a wonderful time for long term investors to pick off high quality names. When we had so much emotion or what we would say. Blood in the streets.
Chip
Okay, so. So here's the thing. Wasn't live. So that was the thing. Congratulations, X Lloyd. And he was saying, did I win? He wasn't live. So he's like, yes, you won.
Jeff
You want.
Chip
All right, there we go. We'll take rigged all day long from Charles Tomarello for the big two zero.
Jeff
Throw in your. Your zombie wallet so we can get this bad boy over to you. Number 202. Yeah.
Chip
Let's go, baby. Come on. You did win it. Let's go. Let's go, people. Charles, appreciate you, man. Appreciate you. Appreciate you.
Jeff
Oh, look at that. Very nice.
Chip
Appreciate you, man.
Jeff
Rigged.
Chip
Oh, he was beyond. He's behind by 48 seconds. There you go. Nice. Yeah. All right, perfect. So let's get that zombie wallet going, man. We gotta go. We gotta get out of here.
Jeff
It's 15 minutes late.
Chip
Yesterday we did an hour 45. Jeff, what's going on, man? We gotta. Gotta trim this puppy down by Wednesday. One hour, baby. Let's go, people.
Jeff
Reborn. Missed it.
Chip
Yeah, reborn, man. He. You missed that win thing. You got to stay to the end, but it's an incentive. You stay, you get to win. That's what it is. Smash those. Like, follow Charles's advice. First of all, giant supporter, he's saying, smash those likes. Come on, guys. Smash the likes. It helps the channel. If you're on YouTube, if you're on X. Well, forget about it. And if you are, if you're actually.
Jeff
Listening, Lloyd is spending too much time fist bumping and commenting. Not enough time throwing his wallet address in there.
Chip
That's right. Let's go fist bumping. Okay, enough fist bumping, dude. Let's go. He said, I had my phone hit me twice in the face yesterday with one hour.
Jeff
We missed it.
Chip
Okay. Problem is we don't see it here, so we got to go into the other.
Jeff
I don't see it in YouTube either.
Chip
Hang on. Live chat.
Jeff
Let me go to top Chat sometimes saying it's there.
Chip
So he says it's up there. Osmond says it's there.
Jeff
Oh, I see it now. I got it.
Chip
What a fun show. Big fan of the baby club. We gotta resurrect. We gotta resurrect. Baby pussy. Baby puss. We gotta.
Jeff
Oh, awesome.
Chip
Direct. That's. We just. Let's just take that sound bite. Baby Push. I'm getting a bit of here. Just this one. Well, hello there. It's Baby Push. It hits Baby Push. Like getting a bit of fed up with US Markets tanking. He needs to be more foul mouth, though, Jeff, be quite.
Jeff
Yeah, I think so.
Chip
That was back in the day when, you know, Twitter was like, you know, not very kind. You can put nice stuff like that up. So. Yeah, it's changed a little bit. Yeah, I hear you.
Jeff
Here we go. I'm sending it now.
Chip
Okay, let's see.
Jeff
On its way. Where is the verifying boom Transfer submitted and it's gone.
Chip
That's it.
Jeff
Yep. Lloyd has it.
Chip
Yeah.
Jeff
There you go.
Chip
There you go. Thank you very much. Yay.
Jeff
Yeah. All right. Gotta roll. I gotta go help Aaron with a video edit.
Chip
All right, let's do the video, guys. We're gonna get out of here. Appreciate you guys. We'll see you guys on Wednesday night, Saturday. We have confirmed we have a special guest coming in here next Saturday. A very special guest. Panels will be here. It'll be a great show. Kevin back on the show. A lot of cool developments happening. Very excited to have that conversation. So we'll be talking to him on. And also his partner will be coming on as well. So it'll be nice having two guests on, which is a very rare treat. Very cool. So we'll be talking about that. And that's all I have.
Jeff
See you guys on the next one.
Chip
See you on the next one. Jeff.
Jeff
Are you down with otc? Please, like, subscribe and click the bell.
Chip
To be notified when the next video drops.
Podcast Summary: "XRP, Trump, Tariffs, Turmoil & Trade Talks: America’s Reset Begins"
Release Date: April 7, 2025
Hosts: Jeff and Chip
Podcast: On The Chain - Blockchain and Cryptocurrency News + Opinion
Jeff opens the episode by warmly greeting the On The Chain community across various platforms, emphasizing the growing number of audio podcast listeners. He highlights the importance of acknowledging and appreciating the audio audience, promising more recognition moving forward. The hosts express excitement about the episode's plethora of topics, signaling a deep dive into the complexities of tariffs, trade talks, and the overarching financial reset America and the rest of the world are undergoing.
Jeff (00:30): "America is going through a reset, a financial reset. So is the rest of the world. It's all for the betterment of the people."
Chip introduces the segment focusing on President Trump's aggressive stance on tariffs and trade negotiations. The discussion centers on how Trump's long-standing promise to "set the record straight" on unfair trade practices is being implemented through substantial tariff impositions. Jeff and Chip analyze the immediate market reactions, the skepticism from various sectors, and the broader implications for global trade dynamics.
Chip (04:50): "The crypto market has unfolded over the past decade. We're actually a little beyond 10 years. We're going into the next second part of the second decade, which is pretty crazy."
The hosts delve into Senator Elizabeth Warren's April 2 letter, which calls for an investigation into undue influence over recent SEC decisions, specifically mentioning Ripple eight times. They critique the Democrats' approach, labeling their tactics as negative and lacking constructive solutions.
Chip (05:10): "They are just more old lady yelling at the sky. You know, more smoke signals if you will."
Jeff adds to the critique by highlighting the Democrats' failure to present new ideas, contrasting it with the proactive measures taken by the Trump administration.
A significant portion of the episode is dedicated to discussions about AI-generated content and memes, particularly focusing on the revival of the "Baby Puss" character. The hosts reminisce about past segments, showcasing the integration of AI in creating engaging and humorous content. This segment serves as both entertainment and a demonstration of AI's capabilities in modern media.
Chip (10:37): "What could be better than pairing an AI Song with some AI Meme video. Gosh, it's getting so much crazy."
Jeff and Chip provide a comprehensive overview of the current state of various cryptocurrencies. They highlight XRP's performance amidst the market turbulence, pointing out favorable buying opportunities. Other cryptocurrencies discussed include Bitcoin, Ethereum, Solana, and emerging tokens like Sui and Hedera, offering listeners a snapshot of the crypto landscape.
Chip (56:00): "If you're going to buy in, that's a good price to jump in at."
Engaging with their audience, the hosts conduct a live giveaway promoting the "Yeti from Blue Tribe" and run a poll asking listeners to choose between owning a talking dog or a magic unicorn. Despite playful accusations of the giveaway being "rigged," the interaction fosters a sense of community and participation among listeners.
Jeff (70:05): "Because this one's gonna be. It's time to claim your own legendary Blue Tribe Yeti of the Clan Templars."
Returning to economic topics, Jeff and Chip dissect the March jobs report, which showed an unexpected addition of 228,000 jobs and a slight increase in the unemployment rate to 4.2%. They interpret the figures within the context of ongoing trade wars and tariff implementations, debating the sustainability and real impact of these economic indicators.
Chip (63:27): "I think the bad news is there."
In their closing segment, Jeff and Chip tease upcoming episodes featuring special guests, including Kevin and his partner, promising in-depth discussions on relevant developments in the blockchain and cryptocurrency space. They encourage listeners to stay engaged by subscribing and following their channels for future content.
Chip (79:29): "To be notified when the next video drops."
Jeff (00:30): "America is going through a reset, a financial reset. So is the rest of the world. It's all for the betterment of the people."
Chip (04:50): "The crypto market has unfolded over the past decade. We're actually a little beyond 10 years. We're going into the next second part of the second decade, which is pretty crazy."
Chip (05:10): "They are just more old lady yelling at the sky. You know, more smoke signals if you will."
Jeff (00:30): "America is going through a reset, a financial reset. So is the rest of the world. It's all for the betterment of the people."
Chip (10:37): "What could be better than pairing an AI Song with some AI Meme video. Gosh, it's getting so much crazy."
Chip (56:00): "If you're going to buy in, that's a good price to jump in at."
Jeff (70:05): "Because this one's gonna be. It's time to claim your own legendary Blue Tribe Yeti of the Clan Templars."
In this episode of "On The Chain," Jeff and Chip offer a multifaceted discussion intertwining political developments, economic policies, and the evolving cryptocurrency market. Their candid commentary, combined with interactive segments and light-hearted moments, provides listeners with a comprehensive understanding of the current landscape in blockchain and cryptocurrency, particularly focusing on XRP. The hosts' dedication to delivering high-quality, fact-based content ensures that both newcomers and seasoned veterans in the digital asset space find value in their insights.