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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 world. All those badass yetis out there hanging out. Yeah, Living. Living it up. You know who you're talking?
Chip
Yeah.
Jeff
You know that thing? You know who we're talking about? XRB Truth Bombship. There was a massive XRP Truth bomb coin gecko apparently getting it wrong again. And Maxine Waters was exposed by the Treasury Secretary.
Chip
What percent.
Jeff
Is that for real?
Chip
It's for real. Man. Shut her up, man. As the fuck she is, Fool. She's a fool. You lost sound?
Jeff
I don't know. At least Ice Wine thinks we did.
Chip
Maybe technical difficulties. He's got to turn the volume up. We have sound. There's no problem with sound, guys.
Jeff
We hear that little button on the side.
Chip
You hear? You really don't have one. Yeti. Cheers. There you go.
Jeff
Ready to kick this thing off?
Chip
I think so. As soon as I find the right button, I'm gonna kick it off. Dude, we have a button.
Jeff
I'm gonna go with the button somewhere. Do we have a button?
Chip
Let's go. Let's go. Coming in from Cookie Monster Rock.
Jeff
Just have one question for you, Chip.
Chip
Risking. Is it risking? Is it risky? It might be. It might get over it.
Jeff
How you get over it?
Chip
Margaritas. Margaritas. I love the margaritas. I love the margaritas. Margaritas, yeah. Margarita. Who doesn't love margaritas?
Jeff
Who is the big winner of the last show? Ice Wine. That's who.
Chip
That's who won.
Jeff
Ice Wine was the big winner of the last show.
Chip
That's who it was. That's exactly who it was. Let's start off a little bit of. A little bit of ripple, ripply, dippily news here. Oh, let's go with Jaztakar. He's talking a little bit about custody. Let's look at this. A very short clip that we found there hanging out on X.
Jeff
Hanging out over there.
Jazdcar
Hacks, right? Or most hacks. One is the technology piece. And so even with the strongest multi sig custody schemes, if a human is compromised, you know, you're cracking open the doors to hacks. And that's what happened with the Bybit hack and most others. So, you know, and our customers come to us for advice about what is it that we need to secure our assets. So not only do we talk about custody and the technology HSM and the policy and the governance engines that we have built, we also speak a lot more holistically about Security in general and making sure that their staff is aware and trained against social engineering phishing attacks. Make sure that value is spread across wallets, spread across different technologies and spread across different deployment models from on prem to in the cloud. And again, all technologies and solutions that we provide with Ripple custody.
Jeff
All custody.
Chip
There it is right there. Jazdcar. So yeah, that's a lot of what, what, you know, you think about the custody piece, but it's something he talked about is like once humans are compromised, I was, you know, then he kind of made the delineation between on premises and cloud almost. Things are stored in cloud, but you may want on prem for, let's say, you know, for, for kind of a custody solution. But again, that's always risky too. I mean, if you have something happens to that computer, right? If it's, if it's. That's certainly. I always wonder like, what is it like for these large custodial places that, you know, like Ripple has, like, how does that work? Like, it's so, I mean, we worry about our own custody, but imagine if you're holding billions of dollars in Bitcoin for institutional stuff like, like, you know, it's got to be multi sig for people to move it. You know, what goes into moving something like that? You can't afford an error. An error is catastrophic. And when you move, you move, you know, $900 million in Bitcoin or XRP or $5 billion. You know, it's. I mean, there's a lot, I mean, are they scanning QR codes, you know, with their, with their wallet? It's just, it's mind boggling to think of how crazy that could be. Look at that. Crypto wealthy. Never misses, never misses super late over there in Belgium.
Jeff
And yes, icewine actually did get it.
Chip
We worked through it. We got it. Got on the yeti. Yeah, it worked out. There was some tech issues where he was, it wasn't coming through on our end, but he was, he was saying he was here and that was part of the issue. Then all of a sudden it just started popping. I'm here. But I think part of it was because he was on X. And X is kind of awkward. Yeah, well, that's the new. What's the other firm that they used to, they used to shill. The one that just went under because they. Oh no, the one that was pre IPO.
Jeff
I already forgot about it.
Chip
The pre IPO's about it. Jeff.
Jeff
Nobody even, nobody remembers. Nobody remembers Link.
Chip
Remember, Link to Caleb Brown is the new link to that's because also super.
Jeff
Late in the UK too. Oh my God.
Chip
Yeah.
Jeff
Uk. Look at that.
Chip
You guys are both on Central European Summertime I believe, right? I think you guys are. I believe that's right. So yeah, you guys are five hours.
Jeff
Have you ever checked? I actually haven't been on Caliban Brown so I can't really say too much about it.
Chip
I look at Caleb and Brown, they look legit. That's the thing. They're sponsors and I don't think there's anything wrong with the company itself. They seem to be helping people through, you know, questions and stuff. Like if they've got questions, you can talk to somebody and sometimes need that little extra assistance. Right.
Jeff
It's based out of Australia. I didn't realize that.
Chip
Yeah, I mean I looked at them and I, I don't have any. Like they didn't seem like they were bad or anything. It's just that that that's the new link to for them. So they don't. Instead of link to paying them and good thing. I think they pay a pretty good. I think they get a pretty good clip for that.
Jeff
I don't know what they get paid as an affiliate. I'll tell you right now.
Chip
There you go.
Jeff
Content creator. You can earn a ton of money.
Chip
Great. Let's start shilling them.
Jeff
We should. Let's chill.
Chip
You know what? This is one of the few people. We actually make our own stuff. So we have our own coffee, we have our own, you know, NFTs. You know, so we actually, we. We basically shill our own products. Right. We show stuff, we believe in stuff that we built, stuff that we made. I mean having a sponsor, good for them, man. I mean it's like you can get a sponsor and a good, good organization, it helps people. Great. I don't know that much about them, but when I checked them out, they look to be somebody that, you know, that can help people through. Especially on the newbie side. Nestle have an opinion about them. But I don't think I haven't heard anything bad about it. I mean if you guys have. I didn't hear anything wrong or bad. I mean I see them as a company.
Jeff
4.9 stars on Trust Pilot. 5 stars across the board.
Chip
Let me tell you the dirty secret of Trust Pilot. Okay. About to expose the dirty secret on Trust Pilot. Why? Because I worked at a company that purchased trustpilot. So you pay them a lot of money every month and you're supposed. And you. If there's something bad that goes wrong, you Have a certain period of time that you can respond to it and they can take the bad ones down. That's why Trust Pilot scores, you're never going to see a 2.5 trust pilot score. You're never going to see a Trust Pilot score. You're not even going to see a three and a half trust pilot score 375, 4, 4.5, 4.9. That's a paid endorsement. It's a paid channel. I know because worked with these guys before in the past at their organization. So again, they let you. It's not like Google stuff, but to the defense. A lot of times people come in, you know, like a bull in a china shop, start breaking stuff, angry all of a sudden. And a lot of time it was their fault. So you need something like trustpilot to make it right now. Trustpilot will make sure that you make it right. Like they'll ensure that. Okay, we'll take this down because someone came in, did the product delivery. Yeah, I did this. Yeah, but I didn't like this. Bought it. Okay, but everything else, like they'll complain about one little thing. They'll give you a low star rating and a lot of times just not fair. So that's why you have something like a Trust Pilot. Trust Pilot's there so that you can mitigate stuff, make stuff right and not have somebody that just was super angry. But you delivered 90 of it. And yeah, something went wrong, but you fixed it. It's. That's what's good about trustpilot is they'll be able to either mitigate that, you can bury those, or you can, you know, people can come back in and fix the reviews. So that's a lot of times where trust probably comes in and it's a necessary evil because the people can get pretty belligerent and start complaining about stuff. And I've seen it firsthand where, yeah, I was a software user for two and a half years, but this one thing happened. You're getting, I wish I could give you less than a one star. It's just not, it's not realistic.
Jeff
So overall, this is interesting. You look at the way the, they pay out. So they have an affiliate partnership. So it's in a, it's an affiliate. And they're not really necessarily shilling it. They're not a sponsor anyway, like that unless they are a direct sponsor, but they have an affiliate partnership. And it says here their top 10, 10% of their earners or their partners, their top 10 of their partners earned on average $121,000 in 2024. They're getting paid on new referral commish commissions and existing referral commissions.
Chip
There you go. They look, that's the name of the game. If you're a content creator and you're doing it full time, you need to support yourself because God knows Jeff and I couldn't do it here. She came to support one and keeping in support, there's no, there's nothing. There's a good port. It's just, it's just not realistic. Right. Jeff and I are both professionals. We do really well and you know, I mean you need to make hundreds of thousands of dollars to be able to replace what Jeff and I do and it's just not feasible. But what is feasible is the joy we get when you guys do support the channel and you do, you do engage with the NFTs, we give them away because we want to spread the word about the. You guys put them on your thing. This is, this is how, you know, we get paid and fuels our, you know, our soul because that's the stuff we, the reason we enjoy doing this is because there's a lot of that. But I'm just saying for those guys that do that full time, the dai, the Brad Kimes, the world, you know, Mickel, these guys do it all full time. They listen, you got to find a way to support yourself and, and having sponsors is a really good way and if Caleb and Brown is really, you know, helpful to people, then all for it. I'm not against any of that stuff. But you have to you, this is part of what Jeff and I, in early days, we did have a couple sponsors here and there. You got to disclose it, you got to talk about, blah, blah, blah. You know, you got to be upfront about it. But a lot of times you think that just because you're putting them in a video and this and that, you know, some people think, oh, you're getting a lot of money. Not necessarily so, but you got to pay the bills at the end of the day. I mean, Brad Kimes has XRP Vegas. He's worked really hard for three years to produce that. You know, probably the first year was rough. He probably didn't do well. The first year got better last year and I think it's going to be a huge XRP Vegas this year where he's got record number of people coming and you know, good for him. He put the hard work in and he deserves it. Right. He put it together with a bunch of people and running a conference like that is. It takes you all year to do it and it's a lot of work. Jeff and I saw that firsthand when we were involved with the WI last year out of Australia. The amount of time, effort and money that goes into it, it's mind boggling. So to produce those, to make sure the guests are there, to make sure the accommodation, you need a team of people. It's hard to do. So anybody that can pull it off successfully, you know, good for them, they, they deserve all the credit and everything that comes their way.
Jeff
This is medicine. Says he charges nothing to hold your assets on his cold wallet. So.
Chip
Yeah, but we get them, but we get it back.
Jeff
No problem.
Chip
Okay. To me, so far I've had withdrawals, no issues, not financial advice. It's one of my many avenues to find liquid Coinbase charges about the same. And using the app with the spread. Yeah. So there you go. I mean, like I said, I don't have anything bad to say. It's great that you guys have got good experiences. So well said. Thank you, both of you. Yeah, Cash velocity is constant, daily multiple shilling. That's the problem. Yeah. But honestly, you gotta understand that when you're a content creator, you have to be able to pay your bills. Right. And, and like I said, I don't have anything against people that put those in there. I mean, we did it early days too. It's, you know, you have to, you know, I mean, thank, thanks to you guys, the expenses for this show. I mean, we've got streaming software, we've got, you know, editing software, we've got, I mean, there's all these things we got to pay for that we, that get covered because of you guys. And that's something, that's fantastic. It's been better in previous years because, because more, you know, anytime crypto's on the rise, we'll see our numbers rise. As crypto goes down, you know, when it stays a little more stable, we'll see that go down as well. But overall, I, I wouldn't, I would cut these guys some slack because it's, it's rough out there and you have to find a way to make, you know, to, to pay the bills. So especially if you're a full time content creator like Dai puts out a couple videos a day, Brad Kimes puts out a couple of video days, you got the research that goes into it, you got to think about what you're going to say, you got to post the videos and dude, I don't think you guys realize like this is fantastic. Jeff and I come on here, we blow V8 for an hour, an hour and a half, sometimes longer on Saturdays, blah, blah, blah. We talk with you guys and that's it. We walk away. When you post a video, it is the best, biggest pain in the ass if you're. If you've never done it before. Holy cow. I mean, as it is, just creating a new thumbnail for every show is a pain in the ass. Thanks to Jeff. Jeff does that every once in a while. I'll do that. You know, then there's the sourcing, all the content. What are you going to talk about? You have more stuff to talk about than we actually even get to. So there's all that to consider. But those guys that post videos, dude, that's a pain in the ass posting those videos, man. And then, you know, the problem is when we do this live, Jeff, we go a whole hour. When I was doing the videos and you were uploading them, and I was uploading them, I would go and I would screw up and I'd be like. And then they start over and me, you know, an eight minute, three hours.
Jeff
Three hours and a half.
Chip
And I'd write it out. For some reason, there's something great about the live that just works. Yeah, we screw up. It's part of the show. It's funny, you know, you're not going to have it right 100 of the time, but you feel like when you're sitting there looking at your computer and, guys, give them some credit. You're sitting there talking to your computer, you feel like an idiot. You're like, look, let's look. And you try to keep the energy up. Check out this story now. This is really incredible. You're never going to believe what Ripple just did. So Ripple just like, oh, you know, I'd rather just come on here and just be transparent and have fun. When you live stream, you make less revenue. And Jungle Inc. Told us early days guys do not live stream on the same channel that you post videos to. So our strategy was, I took my old channel, we were posting videos to that one, and then this was our live channel. But it got too tedious for us to do too much. And. And usually because we have a couple days between shows, the actual prep work happens over a period of time.
Jeff
Mr. Connector, good for you, man.
Chip
Three streams a week for one and a half years and almost monetized. Well, good. You'll be excited when you finally get monetized and you'll be really surprised. Then. Then the surprise comes in Right. And then you put together a good show, you feel like it was great, and then they demonetize you because you know what was supposedly fair play. No, there's a song in there that you shouldn't have played, and you're gonna. You're demonetized, your video shut down, and you had a pretty good showing on that video, and you're done. Right? Or the other thing they do is when we post the show, this. I'm just inside baseball. Thank you, man. Beautiful. Love that.
Jeff
Gifted a membership. Nice.
Chip
Just gifted a membership. The other thing is, is that when we post the show, you have to go in, log into YouTube, you have to go find where the video is, and you have to turn monetization on. We forget sometimes it happens, man. But why don't you just say. Because they know that people are going to forget. There's APIs that post it directly to know the different channels we. We go to. But if you forget to log in and click that little toggle button, nothing during the show gets monetized, right? So that's the other big thing. So when you're uploading videos, the same thing, monetization, then you got to put the right keywords in. You got to research the right keywords. You gotta look at your topics. If you don't put those keywords in right, you don't get the traffic. Then you get that N1, that N panel on the video. We don't do any of that crap. Just come on here, start talking, and that's it.
Jeff
Jeff and I wrote a song about it.
Chip
Well, good.
Jeff
Clickbait time.
Chip
Clickbait. It's. It's the. It's the infamous clickbait. I love it, man.
Jeff
Oh, does it get pulled for copyright? Yes. Yes, often.
Chip
All the freaking time. It's horrible, man.
Jeff
It's amazing.
Chip
They'll.
Jeff
They'll hit something with a copyright, and then you have to go back and delete it with one of our videos. They pulled the video down completely, and I had to delete the section, and then you have to fight for it. Or. The best was when I was live streaming that time and you were traveling and you. And you called up and you're like, hey, I'm listening. I was listening to you, and you're no longer. You're no longer streaming. Why? Because YouTube rug pulled us. But we were going, and you're like.
Chip
The channel in San Diego. I pulled it up. I was having a drink, I'm watching Jeff do the show, and then boom. What happened to my phone? My battery go Dead. No. Couldn't find the channel. Channel gone. Didn't exist anymore. Jeff and I were gone for more than 24 hours. Just gone. Channel shut down Gone. Sorry. Got the note. Yeah. Your channel's been shut down. Sorry. Oops. And that was a mistake. And then it kind of came back.
Jeff
Everyone stepped up, though. It's amazing how many people stepped up. All the big, you know, Mr. Connector. Been lurking for years. That's awesome. Finally coming out of the. The woodwork. I always wonder how many people are lurking in the background or watching after the fact or whatever.
Chip
What's your post? Your channel, so we can go follow it in the. Put you. Put it in there in the.
Jeff
Hopefully it'll show up in there.
Chip
So we can go in there and watch you. Man, you need. Let's get you. Let's get you to a thousand. So that. Yeah, he said he's almost monetized. So Mr. Connector, throw your. Your YouTube channel in there. I want everybody to go in there and you don't have to, but let's. Let's help out. You know, an OTC family member here. Let's. If you're close to it, maybe we can get you over the top and get you monetized. You have to have a thousand subscribers to be monetized. Foreign.
Jeff
Let's see. Oh, yeah, there is Mr. Connector. I'm subscribing right now. Let me put it in.
Chip
Put it in the thing.
Jeff
Let me see. How do we share you. Here's Mr. Connector here. There it is. Oh, that's X. Whoops. Gotta follow you on X. Following you back on X. I gotta go to YouTube and go to. Oh, here we go. I got it.
Chip
Mr. Connect.
Jeff
Mr. Connect.
Chip
Connect.
Jeff
There you go.
Chip
Spell that right. Connector. Where is it? Connect.
Jeff
Let's see. Share his copy. Link to profile. Gonna share your ex over here. Boom.
Chip
There you go.
Jeff
Been shared.
Chip
There it is. I am subscribed. Damn it. Look at that. I gotta turn on. Subscribe on the. I have to turn on the bell notifier. That's the other thing that gets you subscribe. Then you got to click it again and go on the bell. Come on. Why don't just have a button say, do you want to get. You want to be notified? I mean, who knows? To double click that thing? That's right. Nobody knows.
Jeff
When is this one from?
Chip
Keep it up, man.
Jeff
This is the day ago today right here. Oops. What am I on? I still got Celeb and Maestro up on my.
Chip
Let's play a little bit. A little Minos. Mr. Connect.
Jeff
I just got him right here. There you go.
Chip
There you go. Press play. Dude, the sound in there.
Jeff
Yeah, Yep. Let me turn up the sound.
Mr. Connector
Mr. Connector. And we've got big news coming from the Apple ruling on their App Store. This one's from Bankless. How app Store ruling will open the on chain floodgates. Not enough people are talking about how huge Apple's court loss is for the future of crypto development. This interesting story in a bit in a. I'm sorry, in a. In a Bennett.
Jeff
Just like what happens when this tech.
Mr. Connector
Monopoly in a Bennett's dragged into the courtroom by one of the gaming's most powerful studios and loses the answer might very well change mobile development forever. After nearly five years of legal warfare. Yeah, guys, we know all about that. Legal that.
Chip
Yeah, we do.
Mr. Connector
Legal warfare. Lawfare we call it Epic Games has forced Apple to rewrite the App Store rulebook. Besides presenting a massive opportunity for crypto. There we go, guys. This moment represents a turning point for the developers. Huge long concentrated by long constrained by Apple's walled garden. And we all. We've always heard about walled gardens in crypto. Let's open it up. Payment rails guys. Let's democratize finance. Finally the freedom to modernize on their own terms.
Chip
Today. I like it man.
Mr. Connector
Antitrust reckoning. Back in 2020, Epic Games sued Apple accusing the tech giant of anti. Remember that competitive behavior banned Fortnite, Epic's immensely popular multiplayer battle royale game from the App Store. At the heart of the dispute was Apple's policy of mandating all in app purchases throw flow through the App Store and be subjected to to payments to a egregious 30% fee for Apple.
Jeff
Oh, I remember all that.
Mr. Connector
Tell me that's not a monopoly, guys. Thank God they ruled right on this. Epic Games has attempted to circumvent the predatory policy by implementing its own in game payment reels through crypto. Although Apple eventually provided a minor concession by allowing developers to link two alternative payment options, the updated policy still required a 27% revenue share with Apple.
Chip
Wow.
Mr. Connector
Everything goes through Apple or went through Apple.
Chip
This is damn right.
Mr. Connector
And the heavily. And this restricted how payments could be displayed in apps. Well that makes sense. Yeah. Neither side was willing.
Jeff
What'd you think about that being that you're a huge Apple fan?
Chip
Yeah, I mean I'm split on both sides of it. I mean I think it's too much. I mean originally Google Play Store they did the same thing but they dropped it to 10. I just think that that you know, you also, you Built look it's. I didn't like the way they restricted like with Epic games. They were, what they were doing was they were trying to. They wouldn't let you put an app up there and then pay for it someplace else. Like try to do that too. But I mean think Epic's the only one that stood up to Apple and this has been a long case, invested a lot of money and that's why I think it's Such, you know, Mr. Connector is talking about this landmark case. But you know part of the other thing too is that you built the App Store. The App Store was something that Apple came up with. But should you take 30% of the profits? It seems to be a little bit much and especially massive and like it's just not feasible for a company, a gaming company like, like Epic that gives away the game for free and lives mostly off of you know, creation skins and app type of sales and then you can't do it in app. So it's just, I mean 10 to me seems a little bit more fair. But there's other ways to maybe monetize as well. But yeah, this 30 seemed to be a bit much because even Google dropped it which is monumental.
Jeff
Yeah, we got 80 page rebuke, violated the law, anti com, anti competitive barriers. That's interesting too. That's how they go after them.
Chip
That's the problem too. It's like monopolized. So there's no, you know, but that's where you know, if you go on the Play Store I think it's only 10%. We have to look that up. But I know it used to be 30 too but it's just a little bit much. But there should be other ways to negotiate. Company can't afford to take a 30 hit. You know, seems to be a bit much man.
Jeff
But this went on for a while. Look at this.
Chip
Oh, this is multi year.
Mr. Connector
Apple primarily challenged its arbitrary 30% rate. This most recent decision expressly prohibits Apple from imposing commissions on off app purchases and controlling how developers communicate with their users.
Jeff
Yeah man.
Chip
See that's what they went off to see. That's where they made the big mistake. They probably, they probably wouldn't have been touched. But what, and I know this because I was part of another organization that did something very similar as you could log into the app on there but you couldn't actually purchase it there. And a lot of companies did this because you can't take a 30% hit. It's just too big. There's not enough to go around when you do something like that. So, you know, it's. It's a lot.
Jeff
Look at that crypto. Golden age. Sounds familiar.
Chip
Oh, come on, guys. Hang on. Let me make. Let me make a special announcement here. I logged in. We're 580 subscribers. I just refreshed my page. There's 580 subscribers. I command the OTC family to go support another OTC member. Look, they've put an amount of time in this. A professionally done, well miked, you know, well put together, you know, slick production, you know. Guys, go subscribe. I want to see this. Over 620 of you can hit the subscribe button and get Mr. Connector. Over 600. We can do that here. We should be high, a lot higher, but come on, do it. Let's support a fellow OTC fam member here. The least we can do, man. Come on. We help each other attain, you know, goals in life and, you know, following.
Jeff
An X too, and it's professional as well.
Chip
Yeah. Where's. What's. I'll look up on the X2. Oh, here it is right here. Is it.
Jeff
You got it. It's the same.
Chip
Yep, I see it. He's got it in his. In his profile there.
Jeff
There it is right there. I just put it up.
Chip
Then the other thing, Mr. Connector, make sure that you're putting in the keywords and make sure there's some tools out there that you can put your content in and it'll tell you what kind of keywords to put. But that's going to be really important when you do these uploads, too. It's at the very bottom when you're doing the upload, you want to change at each show. But there are some tools out there that are free that will let you talk about content and they'll come up with the keywords for you. You could probably even do it with ChatGPT these days. Say, like, I'm doing this for YouTube. I need X amount of keywords. So when we would upload those. That's very important. Those keywords on the videos when you go to upload them as well. So.
Jeff
Oh, look at this. Streams. Like, oh, that was a live stream right there.
Chip
This turns into a. This turn is into a how to on the YouTube. Maybe you guys want to see what that looks like in the. I'm already following Mr. Connector, man. I'm already following. Should give us on X as well, guys. We should all be following each other. There's no reason why we shouldn't. We should be all following each other. Let me go Ahead and so weird. I'm always on. I'm always on. Yeah, here we go. So go ahead and give Mr. Connector a follow on X as well. Bamo. There it is. So I'm gonna go back and check. Guys, I'm checking in on you. See if we can get this subscriber count up.
Jeff
That's right.
Chip
Okay. 581. Well, thank you. One person who was smart enough to go give a follow.
Jeff
A lot of people said they subscribed. Subscribe, subscribe, subscribe.
Chip
Because it's weird because I just hit the YouTube thing. Maybe it was. Maybe it was less than 581. I don't remember. Mr. Connector can tell us. Yeah, I see 581 right now, but I thought it was 580 when I logged in.
Jeff
Anyway, so I'm doing a refresh, but it's YouTube.
Chip
See, right there. Boom. Mr. Connector, great content. Plus he's a musician. You see that? There's the lost crypto G. Nice. And I bonded up in Atlanta. It was fun. We had a good time. We met in person.
Jeff
You know, they. They have podcasts over here, too. I didn't know there was a link for a podcast on your YouTube. Log into our YouTube right here. Podcast. Podcast list.
Chip
Yeah, I mean, I think that's. That's good. Ours is up on Google Podcast. I think that's works, Jeff.
Jeff
Yeah, interesting.
Chip
That's the way it works. Anyway, let's check out.
Jeff
That's how it works.
Chip
Thank you guys for subscribing. It's great. Awesome, guys.
Jeff
There you go.
Chip
Thanks for jumping in there. I appreciate the good news. There else. He's a musician. Good stuff. What do you play? Show your music. All right, let's do some more. Let's do some more here. But I want to get into this story here because if you're somebody like a coin gecko and I. I use coin gecko. I like the app a lot. Years.
Jeff
I always have it open.
Chip
I always have it open. Right. So Coingecko, did you. Did you know the blockchain company that created xrp. Sorry, wrong. Is one of the early innovators. Founded in 2012. Yeah, the company was. But obviously XRP predates that. Learn how XRP works, its use cases, technology and battle against the SEC lawsuit. Read the full guide. They put this clever little graphic with a frog looking at.
Jeff
Looking at xrp.
Chip
But thank God you're not going to mess with panels. Panels is coming in. He's going to set the record straight. Everything good except for the fact that Ripple didn't even exist when XRP was created. Why can't most researchers provide the facts that are public? XRPL launched in June of 2012 by three individual developers. Ripple was founded in September of 2012 and they are just one project and contributor to the ecosystem. Also, XRP and XRP Ledger's mission isn't just to provide faster and cheaper payment services. It was created as a better alternative to Bitcoin for more efficient transactions and defy use cases. Empowering individuals and merchants to be their own banks and providing the first decentralized exchange. The ability to create any tokens, stable coins, real world assets. The first blockchain to do that. Thanks. The panel. See you're not gonna. Not Panos is coming in. He's gonna give you a panel's ass kick.
Jeff
Tell you how it is.
Chip
He's gonna give you an ass kicking. Now I love the fact that I love what they tried to do here. Listen, look, they didn't get it right. Who wrote this article? Zhang Yang? Cheyenne. I don't know who that is, but he's probably a writer that works over there or a freelancer. He's a. Oh, okay. Well, maybe this is bad. He's Coingecko's head of research. That's not a good thing. You're the head of research. You should be able to research it. At least get that bit of it right. Yo, yo, yo. Good yeti.
Jeff
Badass yeti Coffee.
Chip
Type in the yeti.
Jeff
And by the way guys, stay tuned because we are rolling out a brand new website coming up soon called.
Chip
Badassery.
Jeff
Badassery. It's connecting all the dots between all the badass yetis and all the badass projects. So we're going to be rolling out Badassery, which is going to be, you know, pretty kickass. Going to be rebranding the discord to Badassery and we'll roll that out when we do. But it's going to tie in all the projects. The white tribe, the blue tribe, the new upcoming badass chimps. So the badass chimps will be rolling out to an XRPL near you, which is going to be really cool. We'll tell you more about that when it gets closer. That's exciting. And then on the heels of the badass chimps, we're going to have the badass yowies. There's some other things that are in the works that we're pretty excited about. And then we also got the badass coffee and wait for some new badass merch. We're excited about the badassery. Badassery.
Chip
Yeah. Because there'll be a lot of things connected to badassery. That's why it started off as the yetis, but then we badass chimps, badass yowies, maybe some other board at badass things, Badass coffee. At some point we'll get to the badass whiskey. We're not there yet.
Jeff
As whiskey.
Chip
Badass Whiskey by Badassery. Right. Will be the. The main company. So that's what we're kind of working into. So you guys helped us give some legs to something that, you know, we're looking at building over here, which is fantastic. So yeah, you gotta love that. Gotta love that. Well, at least they give it. Gave it a shot. Zamen Wallet came out with this. Guys, in case you're a developer out there, in case you missed it, there's over nine hours of hands on narrated XRPL education walking you through everything that the XRP L has to offer. So 48 videos later. I don't know how long it takes to go through that, but you'll be an expert on all things XRP from beginner fundamentals to advanced features. And then let's see. So here's the YouTube playlist here. I'm gonna go ahead and share that.
Jeff
Nine hours of content.
Chip
That's a lot of content, man. 48 videos. I wonder how much the runtime is on order too. But I will put the list there in case anybody's interested. I'll throw that in there. Brief overview. The ledger. Activating existor XRP on a test network. Connecting, interacting. So signing a payment, transaction assignment, solution. Verifying signatures. The whole nasty bit there. The whole nasty bit. Give me one second, Jeff, while I step away.
Jeff
We're gonna re. We're gonna rename our moderators to the badass moderators, which would be cool too. All right, well, while we're doing that, let's just do a quick commercial break because it's about that time. It's on the bottom of the hour and I don't see a lot of yetis, so I want to see lots of yetis. Lots and lots of them. Here we go.
Chip
Win a badass yeti from the Blue Trap. Word of the day, Yeti. You got your Simon wallet ready? Why?
Jeff
Cause this is gonna be upgraded.
Chip
It's time to claim your legendary blue Train battle. Made for legend. Claim yours or before God.
Jeff
There you go.
Chip
Let's get that badass rigged yeti wheel spinning. Thanks, Bob.
Jeff
Appreciate that's a badass.
Chip
Some badass Vigor. Vigor. Yeti. Okay, so we've got 18 guys. That's pretty good. It's not bad. So, Jeff, you teased this earlier, but, you know, there's a hearing with Scott percent and Maxine Waters as. Who was it? Was it Warren Davidson said that she's the sweetest lady. They call her anti Maxine. She. He said she couldn't be sweeter in person. But, you know, everybody showboats for the cameras and grandstands and everything else. But he said, when he was on the show, he said that she was super sweet. Lovely lady, right? Yes. So here she is grilling Scott percent, the Treasury Secretary. This guy. This guy Scott Besant is just. Guys, just phenomenal. I mean, he can't. You can't even shake him. If you look at his resume, what this guy's accomplished in his life, super impressive. I mean, 2.0 Trump is way better than 1.0 Trump.
Jeff
That's right.
Chip
God, he had a bunch of losers in his cabinet. He's got nothing but winners this time around. But check this out. So here's anti Maxine grilling Scott percent.
Maxine Waters
Thank you very much, Mr. Chairman, Secretary of Mess. This is the first time we've met. Is that correct?
Jeff
No, ma' am.
Scott Percent
We actually met one New Year's Eve in the Bahamas, and I was.
Chip
He didn't make an impression.
Maxine Waters
Why don't I remember that?
Chip
Why don't I remember? No, ma' am. We met before. She's like, I don't remember that. You didn't make a good impression. This is funny. I mean, I just love the way this whole thing starts out and it kind of turns like, kind of.
Maxine Waters
Thank you very much, Mr. Chairman. Secretary.
Jeff
Oh, my God.
Maxine Waters
This is the first time we've met. Is that correct?
Chip
No, ma' am.
Scott Percent
We actually met one New Year's Eve in the Bahamas, and I. I was.
Chip
He didn't make an impression.
Maxine Waters
Why don't I remember that?
Scott Percent
Well, you were much better at the Electric Slide than I was.
Chip
The Electric Slide? Dude, this is hilarious. Look at the dude back there at the beard. He's laughing his ass off. You were much better at the Electric Slide. Maxine was doing some dancing, the Electric Slot. She's like. But I mean, this was, like, one of the lighter periods before she went into attack mode.
Scott Percent
Here she goes, the Prime Minister of the Bahamas yesterday. Prime Minister Davis, who sends his regards.
Maxine Waters
Well, were you with my husband when he was the ambassador to the Bahamas appointed by Clinton? Well, you're not gonna like this. And so this is.
Chip
Here we go.
Maxine Waters
I didn't Remember that. But that's odd because you've been a Treasury and I've sent you five letters to ask about what was going on under your leadership and only received a couple of cursory replies from your staff.
Chip
Why don't you respond, ma' am?
Maxine Waters
I guess you don't know why you didn't respond.
Chip
Anyway, that's the short clip. I don't know what happened there, ma' am. I was like, man, you just tell. You didn't hear her? Just. She's good at the electric slide. Here's another one. Here's where she digs into sky percent a little bit more here that she's. Ma' am. I mean, they cut that off because the whole idea of that clip was just talk about. Yeah, we had that before.
Maxine Waters
You know the level, type or nature of the clearances and security training required for individuals to access the information held in the computers of Treasury, IRS or cfpb?
Scott Percent
Yes, I do. And I think we would have a disagreement over the definition of the word unfettered.
Maxine Waters
Mr. Secretary, did all the individuals working with DOGE who were given access to Treasuries and CFPB's computer databases receive all of the required clearances and security training before they were granted access?
Scott Percent
Again, they were granted read only access at Treasury. There were two.
Maxine Waters
So let me just say. Please, you can't filibuster here. This is not the filibuster playground. And so what you did was you let these strangers into our treasury with access to all of the data, all of the personnel information, and you just opened the door. Why'd you do that?
Scott Percent
No, ma' am, they were treasury employees.
Maxine Waters
Are you saying today in front of this committee, that all of them were treasury employees? That the 25 year old who's being identified, who worked for Elon Musk, was not allowed. Was allowed into the Treasury? Was that person there that.
Scott Percent
He was a Treasury employee, as was Tom Krause, the senior person on the Doge team. There were only two people.
Maxine Waters
There were Doge employees also. Sorry, do you know, were you aware that there were DOGE employees coming into our Treasure, getting all of our personal information?
Scott Percent
Ma' am, there is no such thing as a Doge employee. There were treasury employees.
Maxine Waters
I've. I tend to disagree with you based on the information I have. Has.
Chip
What the hell he's telling her? There were treasury employees. They were DOGE employees. Oh, my God. Do you know the level at the clip end? She disagrees with them, like. Well, they were, they were, they were treasury and I Love. When they say access to all our personal information, they don't get access to that. They're just looking at the numbers.
Jeff
The bottom line, that's all they need. And there you go. Maxine was involved with endorsing SPF and ftx. Remember she was blowing them kisses. It was all about bringing. No, that was their guy. That was their slush fund stuff.
Chip
Yeah.
Jeff
Drying up for them after that.
Chip
They sent the money to Ukraine. Ukraine sent it to FTX. FTX sent it back and funneled it into 90 of the Democrats. There's 10 of Republicans around the dole as well. Yeah, and you know what? That was just like, let's not talk about that. They didn't talk about how that, you know, I'll give a million to Biden's reelection campaign. Yeah. You know, it was classic. You know, when it go. When it's government related, it's not money laundering. It's only money laundering when you do it, not when anybody else does it. What a dingbat. Kelly says, what a ding. That's a great word. You don't hear that word dingbat anymore. Wasn't that like one of those little.
Jeff
I love dingbat.
Chip
Dingbat. It's a great, It's a great word that people actually voted for this thing. Yeah, she's been there forever. Okay, okay, let me look at it. He won't undergrade because I don't like standing in lines. Whoa. Hey now. Hey, now. Oh, my goodness. Man. This is. Anyway, this is a Polish politician who. This is what he thought of the, the, the. Of the particular flag. Let's watch this. It's in Polish, but we'll talk through. It basically goes up to the European Union flag, takes it off. He removes it.
Jeff
It's been filmed.
Chip
This is in. This is in Poland.
Jeff
Okay.
Chip
Hostile organization. He wrote his feet on it. He said, this is Poland, not Brussels. Poland. It's not Brussels. This organization is hostile. He wiped his feet on it, and I think he took it outside and burned it. I was wondering why. Oh, look at that thing. Earth. Wow.
Jeff
Crazy. Quite an act.
Chip
His eyebrows, I think he looks like.
Jeff
I guess I don't have to understand what he says. It's the actions.
Chip
Yeah. I think you don't understand Polish to understand it. He basically said it's. This is. This is Poland, not Brussels.
Jeff
That's right.
Chip
So there you go. And thanks. I mean, there's only the two of the countries in the EU that stepped up were Hungary and Poland. That's it. Those are two leaders that actually were like, you know, What? We're preserving our culture, we're closing our borders and sorry if you don't like it, but we're protecting our country. That's the problem with the EU is they're trying to level the playing field. And you had companies like Germany and UK on the hook for failing countries like, you know, Greece. And I mean, it's just. I honestly don't know if it's going to survive if more companies, countries step up. I don't see it going the distance, Jeff. I really don't. It's just, it's, it's very extremely awkward.
Jeff
And then this right in the beginning.
Chip
Yeah, it's just, it's. It's just way, way awkward. So here's Byron Donald's Bringing the fire. This is an older clip, but it's a good one because he talks about the illegals. He talks a little bit about. Well, I'll just play the clip. Here we go.
Byron Donalds
City of Chicago spent on illegal immigration.
Chip
So now he's talking to the mayors, right? This was the hearing. They brought the mayors in. He's asking them how much Chicago spent on legal immigration.
Byron Donalds
If you referring to the 2022, up to 2024 of the buses coming from Texas, roughly the same percentage of the state of Texas, about 1% of our overall budget. What is that? Because we don't have the city's budget in front of me. Numbers. It's 1%. And if you want the actual calculation, we can make sure someone. You're the mayor, you don't have the math in front of you. It's 1% of the overall budget over the last four years, which is the same number that New York actually.
Chip
He says, that's so great. I love Byron Donald's. That's why you're. That's why you're a failing mayor. You don't. Okay, so listen, you don't have to be a mathematician to know if your budget is this. It's. You can do the math in your head what 1% of this is. He doesn't know what this is. I'm sure he does. He just doesn't want to say it publicly. And I guarantee it's more than 1%. But anyway, here we go.
Byron Donalds
State of Texas legal immigration number that New York actually spent on legal immigration. Mayor Johnson, I already asked you. You don't have a hard number, and if you don't have a hard number, you're not running your city. Well, Mayor Adams, how much did the city of New York actually spend on illegal immigration? 6.9 billion of taxpayers. $6.9 billion of taxpayer money on a problem that was fostered on the American people. Mayor Wu, in the city of Boston, how much did you spend?
Mayor Wu
We don't ask about immigration status and delivering.
Byron Donalds
You don't ask about how much money the city of Boston has spent on illegal immigration. Out of your mind.
Mayor Wu
Between immigration status, do you manage your budget or not?
Byron Donalds
Mayor?
Mayor Wu
That is how we keep.
Byron Donalds
Mayor Wu, do you manage your budget or not?
Mayor Wu
Numbers to prove it. I manage my budget. I have a AAA bond rating dating back 10 years.
Byron Donalds
So to the city of Boston, just.
Chip
Understand your bond rating has nothing to do with the question.
Jeff
Iron Donald's about this.
Chip
I'm rating your bill. I mean, it has. I mean, he's like, he's hammer and woo. Remember Woo we talked about. She's a lackey of Elizabeth.
Jeff
Oh, that's right.
Chip
She's one of her lackeys. She's like, Lauren was her mentor and helped getting her elected. And she's dumber than a box of rocks. I mean, she's answering some other question. I mean, typical politician. But you don know what your budget is. You don't know how much you spend on legals. You're in a hearing, you're under oath.
Byron Donalds
That your mayor does not care how much of your resources she has spent on people who are not citizens.
Mayor Wu
The city of Boston sick of having outside Boston.
Chip
Yes. Sick of people outside of Boston. You're, you're testifying beyond in a congress and under, you know, a hearing. You're under oath and you're going to sit there and buck the system. I don't know what's going on with the mental illness, but it's like the feelings and the anger. I mean, why, why is everybody so angry all the time? Is anybody having any fun on that side at all? Jeff? I wonder sometimes.
Jeff
Not at all.
Chip
We can see it. Yeah, the UK has turned into Mecca. Yes, it has. Well, this is what happens when you, you know, what Elon Musk was warning about is like the low birth rate in the West. You can see what's coming, man. You can predict it. You can almost label it right down to a year. Yeah, you're. That's that's kind of how it works. It's not a. It's not hard to figure out. You don't have to be a genius to understand what's going on there. This guy brings up a great point, Jeff. Listen to this. The Mafia. Well, that too. I mean, it has a big mafioso city there too. But this guy Brings up something pretty interesting. And you never hear anything about this. Trump just gave western North Carolina $1.4 billion to rebuild homes. Not one ounce of news coverage. Biden and the democrats gave him 750 bucks that they had to apply for. Yeah, And a lot of them were turned down. $1.4 billion to rebuild homes in western North Carolina. That's my president.
Jeff
That's right.
Chip
TRUMP 2028, baby. You gotta love that, man. You know, it's funny, you did hear a little bit about it, but it wasn't on the mainstream media. No, I mean, 750. How many people were saying that you couldn't even get 700. 750. Your town was washed away.
Jeff
Washed away. Gone.
Chip
Dead people rotting in buildings.
Jeff
It's insane.
Chip
And you had to go and apply online. You have no Internet. And even when Elon Musk brought in the Starlink, there was no electricity to be able to connect to the satellite. So I was like, okay, well, yeah, you can use these things, but there's no electricity. So instead of FEMA going in there and distributing food and stuff, but you know, who brought food outside? People. Trump sent, you know, water up. And another, you know, came from the private sector. Did not come from the government. Why? It was a red area. This is pathetic. When you don't take care of your citizens, I don't care if it's California, I don't care where it is. It's like you take care of your people. Not if I agree with them politically. It's just insane. Jeff.
Jeff
That's right.
Chip
But 1.4 billion. Not a word. Nope. Gas prices down. You don't hear gas anymore. Remember, they're talking about the egg prices. The egg prices. Never hear about that anymore. You never hear. I mean, all they think about is the tariffs. Now you have China, which put out the post on X two days ago, saying that they're engaging with, with the US And Scott percent was on one of the talk shows, one of the news programs. And what did he say? He said that they are in the encounter, they're going to be going to Switzerland this weekend to start negotiations. He said 140%, 125 tariffs is basically an embargo and it doesn't work for either nation. So I mean, for, for China to drop it. I mean, are they that worried for first of all, 80% of China is poverty. The 20% is, that's middle class. And you got their top 2 or 3%, which are the big ballers and who wants to buy American goods? It's their rich elite that want to drive a big pickup truck, that want to have a. You know, it's. It's not. It's a very small number, but, I mean, we. I think $148 billion gets imported and like something like 460 billion gets imported in here in the US of China goods. It's a pretty big deficit. But is China gonna all of a sudden even it up? No, but the point is, is that. Just even make it so that you can sell the goods. And if people want to buy them, great. If they don't, Catherine McCullen's here. Beautiful chip. Ran. That's. I'm just. Look, it's not a rant. It's just facts there, Charles. Just getting into. Charles. I'm going into it. Don't get me angry. Don't get me started, Chef. Don't get me started. Crypto politics, XRP, dispelling the FOMO and FUD, setting the record straight. This isn't one of your YouTube fanboys. It's raw, unfiltered badassery. I made one for Jeff. I gotta import it. We gotta. You gotta have one for. For Jeff. That's. That's fantastic. So look at Jeff. So talking about the media here, think about the legacy. Let's listen to this. Let's. This is not surprising to anybody who's watching right now or listening, but it's good to have the facts. But here we go.
Maxine Waters
Stupid.
Dr. Phil
Do they think you are? Dr. Phil exposed it in his podcast. He called it the legacy media thinks you're stupid. Well, guess what? Now we've got new numbers. Looking at the Media Research center and what they have found, they found that when you look at the coverage from the legacy media on President Trump, it is 92% negative versus coverage of Joe Biden that was 62% positive. Let's break it down even further. Looking at immigration, that's where the President has his strongest numbers. As we look at the first 100 days. Looking at the legacy media spin, it is 93% negative on what the President is doing on immigration. Let's go deeper. Out of two, 233 minutes of evening news coverage on legacy media, listen to this. Only 3.5 minutes. Lets viewers know how much the President is doing on the border. Out of 233 minutes. Only 3.5 minutes in terms of what the President's doing at the border. And it's not just immigration. Looking at Doge, the Media research center found 97% of negative spend on cutting, waste, fraud, and abuse out of our government.
Chip
Government that is. Let that sink in. Why are you. It's amazing that that Trump is, is got these guys opposing cutting waste. You. Nobody would have envisioned this four years ago, six years ago, 20 years ago. Twenty years from now, the Republicans are going to find really innovative ways to cut a lot of garbage and waste fraud and abuse. And you know who's going to be angry about it? The Democrats. And they're gonna, you know what else they're gonna do is they're gonna fight to keep illegals in the country, but they're not going to help their fellow countrymen in North Carolina. They got wiped out. They're not going to help folks in, in Hawaii who got their town completely devastated and burned. No, no, no, no. We could fight for the illegal. You just can't make this up. It's, it's beyond parody at this point. Like, guys, this isn't a good look.
Dr. Phil
Your money, no matter what side of the aisle you're on. When it comes to tariffs, they found 93 negative spend. So here's my question. Do you trust legacy media, number one, and number two, does the legacy media affect how you feel and what you know about what's happening in our country, no matter what side of the aisle you're on?
Chip
Yeah, yeah, yeah. Look at this. This. I think you'll find this one funny, Jeff. Listen to this. In Trump's America. And so here's an accurate stand up.
Jeff
Routine on Kamala Harris. We've been waiting for this.
Mayor Wu
I think it would have been cool if she won for diversity.
Jeff
Right.
Mayor Wu
This country was built on being a melting pot. I could take a step back and go, wow, Historically pretty amazing having the very first hyena in the Oval Office. She's the body language of a meth addict. She does that. Nobody can take your power away. I was like, you lost. That's what that. That's what that is. We literally took your power away.
Maxine Waters
Nobody.
Mayor Wu
I wish she wanted to see how she would do her different accents at the un that is every country in the world. Her head would have exploded like, okay, we're going to build back better in France.
Chip
Is France.
Jeff
Germany.
Mayor Wu
Yes. Hello. Building back better?
Chip
Yes.
Mayor Wu
That's in Ireland.
Chip
Good croc.
Mayor Wu
They said, would you do one thing differently than Joe Biden? She's like, I can't.
Jeff
What?
Mayor Wu
You could have been like, I'm not gonna die. I'll stay alive. I'm not gonna sniff kids fall upstairs off bikes. I'll stay seated. And then they brought in Tim Waltz, the Secret weapon.
Chip
Oh, my God.
Mayor Wu
Whoopsie daisy. They brought him in. Did you know, to appeal to straight white men. They're like, we need somebody to get that masculine, toxic, resting January 6th face vote. And they're like, bring out Tim. He's like, you get a tampon. Only the guys. You get a tampon. Like, where's that Jew Shapiro guy? Did we get the Jew back in here?
Chip
Don't you ever let anybody take your power from you.
Jeff
Oh, my God.
Chip
And you know why? They couldn't. You know, and honestly, they got Shapiro Shapiro, he comes across. He's well spoken. But they couldn't. You know why, Jeff? Because he supported Israel and you just can't have. He did not support, you know, the Gaza argument. And they're like, nope, we can't have again another issue they're on the wrong side of. As usual.
Jeff
Everything. Every. Every side of everything. Amazing.
Chip
Yeah. So let's talk about what's happening right now, which is the yeti draw. We got 19. We're gonna get ready to draw, guys. Get ready to draw. Do you want to play that one more time, Jeff?
Jeff
I do.
Chip
Play it again. Play it again, guys. And while we're doing this, I want you guys to put in Yeti almond wallet ready, and I want you to be ready with your. You're gonna need your. Your handle for X as well. Those are the three things we're gonna need. I'm here. I'm getting my wallet. When you win, I got 20. So go ahead and play that. Guys, type in yeti one last time. Go ahead, Jeff. And play the awesome promo.
Jeff
Going the wrong way. Here we go. Winnabest yeti from the blue trap.
Chip
Word of the day.
Byron Donalds
Jenny.
Chip
You got your top and wallet ready? Why?
Jeff
Cause this is gonna be a brick.
Chip
It's time to claim your legendary blue tr. Yeti of the planet Spirit walkers. His name is fear. Let's go.
Dr. Phil
Go.
Chip
Go.
Jeff
On the chain.
Chip
Badass, yes. Born for battle, made for legend. Claim yours or be forgotten. Badass, yes. On the chain. Go. The Leafs are up. The Leaf could take a two to nothing lead here. Damn. I don't know, man. Toronto's kind of curse yet.
Jeff
He's on the chain again.
Chip
Two games come back from. All right, guys, let's go ahead and hit the spinner. We got 23 in there. Here. Not on X. That's okay. If you're not on X.
Jeff
Said go leaves. What?
Chip
That's okay.
Jeff
Got the Panthers. Panthers are down one. Good.
Chip
Let's. Let's see who's gonna Win the awesome Blue Tribe. Tick, tick, tick, tick, tick, tick, tick, tick.
Jeff
Here it comes.
Chip
Who is it? And boom. It's lethal. Lethal 337 here. I'd ask you. I don't know. Lethal's here. We're gonna find out. We're gonna find out, man. There it is. Winner, Lethal Bad. I like that. He put the. He's got the XRP Cafe logo on the badass Yeti's cup. Very clever.
Jeff
Rigged.
Chip
Rigged. It's only rigged. Then it's like, then this is not rigged. Then it's Lethal's here. Your Zaman wallet.
Jeff
Get your Zaman wallet ready.
Chip
Congratulations.
Jeff
Does anybody remember what his name was?
Chip
Lethal. If you have an X handle, we're going to want that along with your Zaman wallet, guys. And give us a heads up if you do see that, because again, it doesn't post in here. Almond wallet, get your zombie wallet. There it is. The winner and still heavyweight champion. Boom.
Jeff
The world. Look at that. Look how fast that was. Bam. It's already there. If you're on YouTube, and I gotta log into YouTube to grab it, so hang on a minute.
Chip
All right, go ahead and do that. While you're doing that, Jeff, I'm going to play this one last clip and we're going to get out of here. But this. You want to see what's happening right now, Jeff?
Unknown Comedian
What the hell's happening right now? Fine, I'll spell it out for you. It's 2025, and instead of going Grandpa Bedpan drooling on the nuclear codes, you got Donald Trump back behind the Resolute desk, pen in one hand, tariffs in the other, and he's raising fucking hell. The border's locked down, reinforced with razor wire and tanks. Cartel scouts getting lit up like Christmas trees. Ice is back. You're paying two bucks a gallon because we're flooding the market with American oil. While those climate cultists cry in their oat milk, people can finally afford to buy eggs again. No proxy wars, no blank checks for Nazi cokeheads. Putin checked. She checked. NATO free rides over pay up or shut up at home. Job surgeon, factories humming. Middle class making a comeback like it's 1955. This ain't the Trump you remember. This is Trump 2.0, and he's running out of to give. A hundred days in and the deep state's already bricks. They stole it in 2020, but we got it back, so now we're playing for keeps. Trump's back in charge and America's getting rebuilt with or without you.
Chip
That's Another great. Phenomenal. Phenomenal. Phenomenal. Those triff wrong.
Jeff
Let me try to pull that again in a second.
Chip
Yes.
Jeff
I'm on the wrong one.
Chip
Justin, I think he showed up late. I think it was after that. And I see you come crying in their oat milk. That was great. Crying in their oat milk. Yeah. This Trump 2.0 gives. Has 0s to give. I love that.
Jeff
Here it goes. Get ready. Get your zaman. Wallet. Rete.
Chip
Jazam and wallet ritzy. Yeah.
Jeff
Transfer submitted. Verifying, and it's done. That's it. Successfully transferred.
Chip
Another yeti living out there. He found a home. It's none other than lethal 337. Thank you. Congratulations, guys.
Jeff
Congratulations.
Chip
Very cool. Very cool.
Jeff
Congratulations.
Chip
All right, peeps. That is. That's all we have. That's all we got tonight, guys. So thank you for showing up. Spread the. Spread the love. We'll be back on Wednesday. Wednesday. Today's Wednesday. We'll be back on Saturday.
Jeff
Back on Wednesday.
Chip
We'll be back next Wednesday. For sure. For sure. For sure. But we will be back on Saturday morning. So let's. Everybody cool with that.
Jeff
Yeah. Saturday morning, 8:00am Eastern Standard Time. You know that thing. You know where we'll be.
Chip
All right, that's all I know. We are out of here. See you guys on the next one. Chip and Jeff. Oh, are you down with otc? Please, like, subscribe and click the bell to be notified when the next video drops.
Podcast Title: On The Chain - Blockchain and Cryptocurrency News + Opinion
Episode: XRP Truth Bomb: Coingecko Gets It Wrong – Maxine Waters Exposed by Treasury Sec!
Release Date: May 8, 2025
Hosts: Jeff and Chip
In this episode of On The Chain, hosts Jeff and Chip dive deep into the latest developments in the blockchain and cryptocurrency space, with a particular focus on XRP. The conversation is lively, filled with humor, and covers a range of topics from misinformation by Coingecko to political exposés involving prominent figures like Maxine Waters and the Treasury Secretary.
The episode kicks off with significant news about Coingecko allegedly misrepresenting facts related to XRP. Jeff mentions a "massive XRP Truth bomb" indicating that Coingecko has been getting key details wrong.
Notable Quote:
Jeff [00:16]: "You know that we're talking about? XRP Truth Bombship. There was a massive XRP Truth bomb Coingecko apparently getting it wrong again."
A substantial portion of the discussion revolves around the complexities of cryptocurrency custody. The hosts analyze a clip featuring Jazdcar discussing the vulnerabilities in custody solutions, emphasizing that even the strongest multi-signature systems can be compromised if human elements are breached.
Notable Quote:
Jazdcar [02:24]: "And so even with the strongest multi sig custody schemes, if a human is compromised, you know, you're cracking open the doors to hacks."
Jeff and Chip further dissect the challenges faced by large custodial entities like Ripple, pondering the logistical nightmares of managing billions in assets securely.
Notable Quote:
Chip [03:15]: "I always wonder like, what is it like for these large custodial places that, you know, like Ripple has, like, how does that work?... There's a lot, I mean, are they scanning QR codes, you know?"
The hosts transition into a discussion about the economic realities of being a content creator in the crypto space. They critique platforms like Trustpilot, revealing insights into how paid endorsements can skew public perception.
Notable Quote:
Chip [07:13]: "Let me tell you the dirty secret of Trust Pilot... you pay them a lot of money every month and... They'll let you... It's a paid endorsement."
Jeff and Chip advocate for supporting genuine content creators who build their platforms organically, emphasizing the importance of community support.
Notable Quote:
Chip [09:48]: "That's why you have to find a way to support yourself... But what is feasible is the joy we get when you guys do support the channel."
The episode highlights community interactions, featuring a segment where a member named Mr. Connector shares insights about Apple’s App Store ruling and its implications for crypto development. Jeff and Chip actively engage in promoting each other's channels and encouraging listeners to support fellow community members.
Notable Quote:
Mr. Connector [21:26]: "...this moment represents a turning point for the developers... Finally the freedom to modernize on their own terms."
Jeff and Chip unveil their new venture, Badassery, aimed at uniting various badass-themed projects within the XRP ecosystem. They tease upcoming releases like Badass Chimps, Badass Yowies, and Badass Coffee, hinting at future expansions including badass merchandise and possibly whiskey.
Notable Quote:
Jeff [32:07]: "We're going to be rolling out Badassery, which is going to be, you know, pretty kickass... we'll tell you more about that when it gets closer."
The hosts introduce Zamen Wallet, an educational tool designed to provide comprehensive knowledge about the XRP Ledger (XRPL). They highlight a series of 48 videos covering everything from beginner basics to advanced features.
Notable Quote:
Chip [34:33]: "Zamen Wallet came out with this. Guys, in case you're a developer out there, there's over nine hours of hands-on narrated XRPL education..."
A significant portion of the episode is dedicated to an interactive Yeti Draw, where listeners participate to win a legendary Blue Yeti from the Blue Trap. The segment is filled with excitement as the hosts announce the winner, Lethal 337, showcasing the community-driven spirit of the podcast.
Notable Quote:
Chip [60:56]: "Another yeti living out there. He found a home. It's none other than lethal 337. Thank you. Congratulations, guys."
Jeff and Chip present a critical analysis of a recent hearing involving Maxine Waters and Treasury Secretary Scott Percent. They dissect the exchange, highlighting Maxine Waters' aggressive questioning and exposing potential discrepancies in the Treasury's handling of cryptocurrency-related matters.
Notable Quote:
Maxine Waters [37:35]: "Please, you can't filibuster here. This is not the filibuster playground."
Chip [39:48]: "Maxine was involved with endorsing SPF and FTX. Remember she was blowing them kisses."
The hosts critique the legacy media's portrayal of political figures and policies, arguing that the media often skews information to favor certain narratives. They reference a study by the Media Research Center showing a disproportionate amount of negative coverage on President Trump compared to President Biden.
Notable Quote:
Mr. Connector [53:46]: "They found that when you look at the coverage from the legacy media on President Trump, it is 92% negative versus coverage of Joe Biden that was 62% positive."
As the episode wraps up, Jeff and Chip reiterate the importance of community support and tease upcoming content. They conclude with another Yeti draw, maintaining high engagement with their audience.
Notable Quote:
Chip [65:17]: "We're out of here. See you guys on the next one. Chip and Jeff."
This episode of On The Chain offers a comprehensive look into the current state of XRP, critiques of influential platforms like Coingecko, and exposes political dynamics affecting the cryptocurrency landscape. Jeff and Chip blend technical discussions with community engagement and political commentary, providing listeners with a multifaceted perspective on the digital asset ecosystem.
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