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Chip
Tip.
Jeff
Welcome to on the Chain here. This is Jeff here with co host Chip. What's going on, Chip? What's going on? Everybody out there in the on the Chain community. On the Chain world. Flatliner streams on a plane. Just in case anybody was interested. If you're not in the chat, that's what's going on as stream trying to get onto a plane. All sorts of great things happening, Chip, you know what? You know what.
Chip
What else?
Jeff
What's going on and that and the other thing. Thank you and Good night. Now, XRP's big year. Chip. It's been a massive year for XRP so far. Massive year for crypto, Massive year for freedom. Massive year for putting everything right. Winning back on track. For winning. If you go back a couple years ago, there was a massive warning that came out by Margaret Thatcher. We're gonna play that warning from Margaret Thatcher. El Salvador and the global power struggle. What's that all about? What is El Salvador up to and how do they factor into the winning? We're going to talk about that and a lot more. So if you're ready to kick this thing off.
Chip
I'm ready. I'm trying to find the buttons, Jeff. I was like, for some reason, everything's misconbobbled over here. Let's go. Welcome to on the Chain. Drop where you're coming in from, everybody. Welcome to the podcast. Welcome to the podcast, everybody. Drop where you're coming in from. City, state, country, wherever, neighborhood, we don't care. Just drop it in wherever you're coming in from.
Jeff
Neighborhood.
Chip
Day, g'day. You'd like to be, says Chad. Nausea. Beautiful.
Jeff
It's always funny when you see, you know, you've got flatline streamers, communicating and then crypto whelp is here, but it's the same person. He's having a conversation with himself. It's like. And we still haven't left yet. Sorry for the caps.
Chip
Don't be yelling, don't be screaming. Speaking of yeti, I gotta get that up. Justin Harrison won last time. Who's gonna be tonight? Who's gonna be the one to win? Damn. Long hair. It just keeps getting longer job. It just keeps growing out of control.
Jeff
It's insane.
Chip
It's out of control.
Jeff
That's funny. When I was. I was probably about nine, eight or nine years old, maybe eight years old. I remember my. My grandfather came to visit and my hair was probably not quite as long as yours at that point, but, you know, pretty close to it, you know, long. And my grandfather came into the house and first thing he said, first thing he said to my mom was, I'm taking the boy to get a real man's haircut.
Chip
Boys get a haircut that ain't gonna stand here.
Jeff
And that was it. And think about back in those days. My mother was a vegetarian way back then. And guess where he brought me for. We came back from getting a haircut. Not only was it a buzz cut, but he brings me to McDonald's. So I came back with a Happy Meal. I mean, it was like. I thought my mother. My mother was gonna lose it on all sorts.
Chip
I was not prepared. So many ways she was not prepared.
Jeff
That was so great, man. That's like, you know, that. That established and galvanized to my conservative base back then. So.
Chip
Yeah, well, there you have it, my man. There you have it. It is something special. There's crypto has been like. She's been phenomenal and covering so many interesting things going on with Ripple. Thank God she does the research so we don't have to. Jeff. I always say that so we can just show what she's up to.
Jeff
That's great. That's so great when you can just.
Chip
But Ripple applied for new trademark Downloadable software for custody of cryptocurrency fiat virtual currency digital currency. Downloadable software for transmission and storage of crypto fiat currency virtual. And so, you know, what's interesting about this is I. I wonder, you know, when you think about the custody side, you know, ripple custody side of things. Trademark, trademarking. So trademark very different than a patent. So ripple custody. They talks about financial services. So this is their, you know, they're. They're on the custody side of the house. Interesting to think what this might be, but it sounds like to me it's just more like a storage custody thing, you know, trademarking, ripple custody. That's all it is, really.
Jeff
I think it's important.
Chip
It's not a pattern, but he was not a pat.
Jeff
It's a trademark. But it's an important trademark because they don't want anybody infringing on their use of terminology. So, you know, I think right off the bat, and maybe there's some, you know, Ripple mentioned somewhere out there in the ecosystem someplace, but, man. So this was as of what, almost not. Not quite a month ago, about three weeks ago, February 25th. So it's fresh and you've got some of the class codes going on over there. We know what it's like, you know, when you got to go through a trademarking process.
Chip
You have a trademark for on the chain, don't We, Jeff, we, we do.
Jeff
Have a trademark for on the chain and it was quite a process.
Chip
Yeah, major pain in the ass is what it was. When it comes down to. When it comes down to it is all what it came down to. So she also posted this script already. I said, are you with me? 25 2025, the year of XRP 5. So joins forces with Ripple through the XRPL launch program. She wrote a tiny thread and that's it, that's the end of time. It's over. But this is what, this is what she was linking out to here. So Farm joins with Ripple through the XRPL launch program Pioneering compliant yield on the XRP ledger. It's almost like we can't keep up with all the good stuff and people that are like assembling into, you know, defy. It's incredible when you think about it. So I, I never even heard of Soil before. But no, in a groundbreaking move they're. They're basically announcing the partnership with Ripple through the XRPL launch program. Powered by difc, this partnership represents more than an alliance pivotal step and revolution. Defi tokenization Real world assets like that seems to be the norm these days. That's all we hear about us Tokenization Real world assets defy. And so with Soil now being part of Ripple's ecosystem, the future compliant risk optimized and high yield defi lending officially started to take shape on the XRP ledger. They go into what is Ripple but the power of the XRPL and then this is the good stuff right here. Soil Farm and XRPL first fully compliant yield platform on the XRP ledger. Soil Farm is pioneering a new era of risk optimized. I love that word. Real world integrated defi lending. Traditional defi lending models often struggle with high volatility from the crypto native lending the lack of regulatory clarity obviously making institutional adoption very difficult and unsustainable yields with no backing Soil is very different real world asset backing. Every loan on Soil is collateralized by real world business with proven financials. Risk optimized lending built in mechanisms to minimize defi risks ensuring sustainability and transparency and also institutional compliance. A regulatory first approach that bridges traditional finance trade fi with with defy seamlessly so integrated in the xrpl Soil is bridging the gap between traditional finance defi unlocking new frontiers of compliant and secure yield generation. So what does this mean for Soil? A couple things. Grant funding so I'll receives direct funding to accelerate its expansion and innovation. Access to Web3 leaders and Adventure Capitalists exclusive network with top tier Web3 investors, legal experts and blockchain pioneers, strategic growth opportunities, a direct on ramp onto Ripple's global financial ecosystem and finally integration with institutional defy bridging traditional financial markets into D5. So got to keep our eye on this. This is great stuff as usual. It's amazing that this stuff's coming into play again. More, more D5, more trade five, more everything. What do you got going on here? What's this all about?
Jeff
This is it. Let's hear from the guys. Quick introduction.
Chip
Look at this.
Jeff
Hi, I'm Mike. Cmo. Welcome to Soil where decentralized finance gets a powerful upgrade. We are here to show you what's new, what's next and why. Soil is set to transform how you interact with defi. Hi, I'm Nick the cio. From blockchain expansion to liquid stake, Soil introduces new features that offer greater value, more flexibility and longer term growth for our users.
Chip
Let's dive into the key innovation that we have built into the new version of the protocol. The new version of the protocol is all about the growth. We have expanded to the new blockchain. After launching on the Polygon, Soil soon will be also available on the Ethereum and other EVM compatible chains.
Jeff
And we're not stopping there. We're exploring grant programs to deploy Soil on emerging blockchains with huge development potential. This is just the beginning. To meet the needs of investors who value flexibility and instant access to their funds, we are introducing evergreen short term pools. No more locking up your capital for long term periods. That means that investors can now generate.
Chip
Attractive yields on the stablecoins without sacrificing liquidity. It's a defi on your terms.
Jeff
With the new version of the protocol, we've enhanced your tokenomics. From now on, all pool rewards will be paid exclusively in stablecoins. By eliminating rewards paid in Soil tokens, we are cutting inflation and making Soil even more scarce.
Chip
But holding soil tokens still gives you more higher yields and stake in the long term growth of the protocol.
Jeff
To show our commitment, we've re logged 100 of company controlled tokens for an additional two years. I think it's interesting, you know when you get into it, you know they kind of go through. You guys could go check it out. Soil.co go check out what these guys are all about. Look at their assets and there's Ripple right there. Here's all the groups that, that are getting behind them and then trust them and here's their, you know the team you got introduced to the team a little bit you get into how it works, you know as they're using stable coins and earning interest and you're lending your stable coins, you're an interest on your stable coin. It, you know it's, it's an interesting time that we're moving into to be able to leverage a stable coin for interest earns because think about the other platforms. When you lock up a digital asset and you lock up your digital asset and it's going up and down. So even if you're earning interest on it, you know, once you lock it up, you know now you have to go and try to stable coin stable from the get go. So you're, you're, you know there's only a, a net positive coming out of this. I like how they're providing liquidity chips. I like how they're getting yield back. I like how they're investing in real world asset. They're really figuring things out. Not sure if this is available in the US but not sure if this is. They're in check this.
Chip
It's all time high was 3.97 and the low was $0.09 roughly. Now it's trading 94, 90, basically 95% of the peak and 109% above the lowest price. Right now it's trading at just 20 cents. So there you go, 20 cents for soil. So maybe it seems undervalued given the fact that it was at a, had a pretty nice high at one point. So but interesting. It's of course too you know being on multiple chains, being on Ethereum I think they mentioned. What was the other one? Polka Dot. Was it Polka Dot or Solana or one of the ones. Polygon. Maybe it's Polygon.
Jeff
Yeah, Polygon is on the website.
Chip
So that's all. Yeah, Polygon. There it is. Uniswap. Polygon. So that's what it is. So they're going multi chain which is also a good thing too for the ecosystem. So interesting kind of, it's just fun, interesting to watch you know, I mean it's cool that like xrpl getting more stuff. I mean always a good thing, never never a bad thing.
Jeff
Lloyd is saying, you know getting paid profits by the day would be great for these liquidity pools. We're going to be working that fast. Being that it's web three. Just saying it's, it's great. You know, I mean it's, it's daily engagement. You know this is changing the dynamic especially with the leveraging things that are shifting over in, in Japan right now, some of the things that they're allowing, some of the regulatory framework that they just passed through, things are going to start happening at warp speed. Plus we have an amazing, you know, freedom loving administration that wants to see everybody prosper, which is a little bit.
Chip
Different than, like I said, my bank's ready to go forward where they're not aware of what was going on until I made sure. Except crypto, that was two years ago. But now that today they're waiting on some legal stuff. So yeah, there's gonna be. Guys, type in yeti. We got three entries so far. Pitiful. Three entries. Come on, man. Come on, man.
Jeff
You know, Come on, man.
Chip
Sistine Research put this post up on X. Timeline has been pretty quiet of this, but XRP is now the second largest cryptocurrency. And before the comments say it's FDV only, literally every asset in the world goes by FDV not circulating. If it's only crypto for that, some odd reason is obsessed with the circulating float. And these guys put out market research so you can basically throw your email in there and you could basically find, you know, a bunch of stuff here. So XRP research, metaplex report, XRP investment, theses, blah, blah, blah, blah. So you get a bunch of stuff in your inbox. Very cool. Very cool indeed.
Jeff
Very cool stuff happening in the ecosystem. It is ecosystem friendly, XRPL friendly, and the world is moving forward at lightning speed. Let's call it.
Chip
And Jim D. How cool was it hanging out with Jim D last weekend? How cool. And Chad Nauseam.
Jeff
I mean, you know, he had long hair like you, so.
Chip
He did have long hair. You let the cat out of the bag, man. We're supposed to be. We're supposed to keep that a secret. I hope you don't mind that, Jim.
Jeff
D. But what, the long hair?
Chip
Yeah, we weren't. We're supposed to keep that under wraps, Jeff.
Jeff
Oh, we didn't show a picture.
Chip
Oh, we're not gonna. We're not doxing people, Jeff. That's not our. That's not our thing. We're not going to dox anybody here. No. Hell no. Yeah, Mystery girl checking in. Hello. Mystery girl's here. So we can. We can begin. Okay. He said it's okay. Good. Yeah. Jim D's a cool dude, man. Cool. A cool dude. Everything you'd expect and more. Meeting in person, having great, amazing conversation. And maybe we will get him to come on the show. Maybe we'll get him to come on.
Jeff
That'd be awesome. Not showing space, but plus he Picked a great restaurant.
Chip
Yeah.
Jeff
Unexpected because it was. When you go into a publix plaza, never know what you're gonna get. They this place, the seafood was amazing. Got the salmon and you go to places and, you know, sometimes you just don't know what to expect. As soon as they ask you what temperature you want the salmon, you know it's going to be amazing. And these guys cooked it to perfection. Yeah.
Chip
I had the crab cakes and they were delicious. Yeah.
Jeff
Yeah.
Chip
So Jim D. Knows the landscape. He knew how to pick a great restaurant. Great restaurant. Great conversation. Of course, the rest of the weekend, we hung out with Chad nauseam, which is even cooler. We had dinner, I think, what last Saturday night, which was awesome. Hung out and got to hang and just chill, have conversations, have a good laugh. I mean, it was a lot of fun, man. Really enjoyed it. Really enjoyed it quite a bit. Yatai, Yatai, Yatai. Yeah, we're gonna jump into the whole.
Jeff
Some of the stuff going on in the community. Talk about the link to talk about that. I didn't see this chip. Did you see any news on flare stablecoin?
Chip
I've not seen any news on that. No. I've seen a bunch proper, but interestingly enough, we'll see.
Jeff
We missed the karaoke.
Chip
I know we missed karaoke, man. I can't believe we missed karaoke. Well, Jeff and I had to get back. That was the whole thing. It's like I had to get back home. I had like important meetings on Monday morning. I wanted to stay later, but I'm hoping you had a great time with the karaoke side of it.
Jeff
And I'll tell you what, I made it home in time and it was obviously light now till what, 7:30. I was able to get the cars washed when I got home. That was. That was my highlight.
Chip
Perfect cap right there. Look at this right here. Oh, visual vendetta. Beautiful. Thank you for the 589. A lot of ways right there. 5 5, 8, 9 9, baby. 589. Appreciate that. Appreciate you, man. Yeah, we missed the karaoke. That would have been fun. I would have enjoyed that quite a bit. But it happens. Panels. Put this out. XRP is an improved version of money. A decentralized deflationary, super efficient store value and medium exchange. The pioneer of decentralized finance. Never so much has been said with so few words to sum up XRP perfectly in a sentence. I love that Panos has been one of the most treasured people. We had him here on the show too. It was great to have him on the show, but, you know, a builder in the space, but also basically somebody that destroys a lot of the fud. A lot of the garbage stuff going around there. He's been outspoken, he's been blocked, he's been criticized up and down, but he's one of the good guys. He's one of the guys that understands the tech, understands how to defend it. And I put him up against anybody in the community because he just will rip. Rip them a new one, Jeff. I mean, he's that strong.
Jeff
Yeah, I'm just glad. Just glad he's out there doing his thing, posting his posts. You know, the guy puts a lot of thought behind his commentary that he puts up onto X. And so, you know, there's some really key things that we'll be covering here in the chat today. Just. I want to get people fired up. I gotta take a little break, a little commercial break. I'm gonna throw this up here. I want to get you guys fired up. So here we go.
Chip
Let's. What's the word of the day? Yeti Boom. Get your on my water ready? Because this one's going to be epic.
Jeff
Get ready to claim your own legendary Blue Drive J of the Clown Spirit walkers.
Chip
His name is Gold Far.
Jeff
Let's go.
Chip
His name is Scolds Far.
Jeff
Skull Far.
Chip
Skulls Far. I. You needed just. Just that one frame. You need just like, focus in on that one frame. His name is Scolds Far.
Jeff
His name is Scold Far.
Chip
Yeah. So someone's gonna win Skulls Far tonight. It's going to be part of their permanent NFT Badass Yeti collection. That is going to be special indeed. We're building an army. We're building a tribe. We are building. Look at that right there. Bam. What's the name? Skulls Fire. That's what it is.
Jeff
There he is, guys. Kick ass right there. All right.
Chip
Yeah, that's what I see.
Jeff
Yeah, that's what you get.
Chip
Dive into this.
Jeff
Look at this. Justin gave the yeti he won yesterday to his girlfriend, and it's her first ever.
Chip
Holy cow.
Jeff
That's really cool.
Chip
What an amazing act of kindness right there. What did she think she did? She love it. Got the frost beard, man. Very cool indeed. That means Justin is NFT list right now, man. Because he's with that. With that kind gesture right there, which means he's, you know, he goes back on the drawing. Who knows? Lightning can strike twice. Maybe he wins another one. Maybe he wins Skulls Farm. We'll see.
Jeff
That's right.
Chip
We'll see what happens. Crypto up says, I want to cheat now. I love it, gotta love it. Man. That is so cool, man. You gave it to your girlfriend. Nice. Very cool. And it's her very first one. How symbolic is that? Your first NFT is a Frostbeard from the blue tribe. Badass Yetis. Very cool indeed, man. Love that. Love that story.
Jeff
So finger flex. XRP wants to know how, how you can win. There's two ways you can win. There's only one way you can win.
Chip
It's only one way. Jeff.
Jeff
I was like, what's two things. Things that you need to do in order to win? Well, three things. Number one, right there, you got to type in yeti. Number two, you got to get your Zaman wallet ready.
Chip
Yeah.
Jeff
And number three, if you do win, you have to say you're here and you got to be prompt with the, with the response and be like, hey, I've got my zombie wallet. Boom, there's your zombie wallet address and we transfer the bad boy over to you.
Chip
That's how it works right there. So now we've got 15. So you have a 1 in 15 chance that could grow, but a 1 in 15 chance to. Oh, 1 in 16. See, people are typing in yeti. You only have to type it once. If you can type it 10 times, it's only going to take your one time you typed it. So don't get excited. Don't get too excited. It's not gonna. It's not like that. It's going to be basically when you type it in once, that'll do the trick. Look at this. Justin says she. She loved it. I won one months ago too. Sorry. So you're good. You're both. Which one did you end up getting, Justin? Did you have. Is it a white tribe one or is it a blue tribe one? There was. I'm just curious which one you ended up with in which. If you remember exactly which clan it was, that'd be cool to know. Just out of curiosity. So this has been kind of like flaming the X universe for a while. Crypto already put this out. Finally get the bad actors out of the space. Link to has been. Has cleaned house. The entire C suite, including the founder have been removed. New senior leadership launched several internal investigations into the business operations and regulatory compliance issues, focusing primarily on matters subject to ongoing inquiry from regulators. So they announced a whole brand new team. They're investigating business and regulatory compliance practices. And then two, she said those that stayed quiet after learning about their Brad practices and continued to make money with this company should be held responsible too.
Jeff
And we say that. That, that learned about their Brad practices.
Chip
Oh, did you say that? Did you just say. Did you.
Jeff
I thought I heard you mean bad, bad practices.
Chip
No, you said Brad practices.
Jeff
Yeah, well, so bad practices.
Chip
Oh, wow. So there were some. There were some actors out there. You know, she's saying bad actors, but this is the thing. It's like once you learn it one south and you still were promoting it to make money. That's a. That's. That's a problem thing. So Panos even joined in too. He said seeing all the shady stuff going on with Link to makes me mad and sad. So many people from the XR community fell for it and followed the advice of the top usual XRP influencers and youtubers. Proves once again my point that these people are only here to take advantage of the community and extract as much value as possible from the ecosystem. I will only say this. Hold them accountable, expose them. Don't give them any more attention or your precious money. It's time we wake up and say enough. Of course I had a chime in. I was like, you know, not everyone fell for it. Despite being approached with opportunities to endorse or promote it, Jeff and I chose not to get involved. From the onset, something felt off or questionable to us, and basically we decided to steer clear of it all together. Even though we were approached multiple times, we're committed to only endorsing products or ideas that we genuinely believe in or stand behind. So when it comes to our coffee. Yeah, we stand behind the coffee. Why? Because we're, We're. We purchase it ourselves. It's our coffee. We drink it. When it comes to the badass yetis, yeah, we made it. It's made for the community. You know, it was our vision. We did it. But we always get, man, we got. We get. We get approached all the time to shield this thing and shield that you'll make this kind of money. And it's like, it's not right. If it felt like it was something that was right, we. We would endorse it, sure enough. But we're not do something just to be able to maybe, you know, make money off the backs of. Of the people that support this show and this community. It's not what we're about, man.
Jeff
Yeah, yeah, yeah. Brett wants to know what red flags. I just think, you know, overall, there's things that go on with within the community. And I think a little while ago, you know, we were. They were talking about the fact that some of the pre IPOs were going out to people that weren't necessarily accredited investors.
Chip
Yeah.
Jeff
Credited investors. So there was that. Then they said that that wasn't the case. We, you know, I don't have all the facts or evidence. I'm just saying some of the things that were going on within, within the community, lessons learned after the fall of, of Celsius and some of the turmoils that, that unfolded within that. Just, just overall, you know, considering the direction with the sec, you know, the difficulties from a regulatory compliance perspective, you know, I would, you know, we, you know, and I would maintain my own personal opinion is to be extremely, extremely conservative at that point. After I've seen, you know, multiple entities that went through a collapse and then, you know, whether or not, you know, people. If it did collapse, are you going to be able to transfer your, you know, stock holdings or not transfer your stock holdings? I don't know. I'm not that close to it. But I'm just saying overall, not to say that you could see that during that period of time to say, 100, there was an issue. Just looking overall at some of the issues that were taking place within the community at the time. Now if you're a little bit in, you know, a little bit closer to it and knowing that there were things going on with it, that's a whole different, you know.
Chip
Well, also too, the, the pre IPO shares they were selling versus another company out there selling a very similar type of a product very differently. There was like a pretty wide margin. It seemed like the price was driving up. There was a lot of marketing behind it. I don't know, man. Something just. It just didn't feel right. I don't know. I mean, again, if it was something that maybe Jeff and I would have invested in personally, sure enough. I mean, but we can never recommend something that we personally weren't involved with. You can't say like, oh, this is the greatest thing ever. I love this drink. It's fantastic. Well, we drink the coffee. We made the coffee. It's our coffee company. Right. It's a whole different story than, oh, this is the greatest thing in the world. And like, do you guys. Are you guys part of it? No, not really. It's just like you, you basically sell it and I understand. Look, there's a lot of pressures. I mean, we, Jeff and I have often said that with this, we don't want to come out of pocket for this. There's enough that just kind of like pays for the software, for the podcast software, for the graphics stuff, for all the Things we use to sort of make this work. And then it's just time from Jeff and I, right, to invest into this, you know, to create something. But it's something we love to do. We love to be here and we love to, you know, it's, it's. The live show is what drives it. Otherwise we're just two guys looking into a, you know, a laptop, you know, doing videos, whatever. I mean, so it's, it's the whole live version of it. Because we do it live. There's less engagement, there's less subscribers. The subscribers are very low. If we were to upload videos. Upload videos. It drives a lot of subscribers. This doesn't drive subscribers. It just doesn't. It. It. We basically lose. But we have the best. We have the best and the brightest in the land. This is what makes it worth doing it for us. But again, we. Yeah, there's ways to make money. But look, sometimes you choose things that just work. Moon Chaser put this up. Sending thoughts to those in the XRP community who vested in Link to. Unfortunately, you do not own the shares of whichever company you thought you had bought, but a derivative product. Now, while the company says it's still operational, most transactions are on hold and there are clear risks for investors. The new leadership's trying to stabilize the situation, but the letter to investors doesn't give strong reassurance. Hope all affected and made whole as possible. And this was off of something that David Schwartz had put up. He said a huge problem to buying shares on secondary market is everyone, everyone else, the seller, the broker wants you to pay as high a price as possible and you're generally not entitled to any real disclosures. This was kind of what I was just talking about a little bit earlier as I was seeing a variance between one company selling it for this price and this other company with link 2 just kept driving the price up and up. And that felt a little weird too. David says, I strongly suggest anyone thinking of buying shares in secondary markets. At a minimum, some have a source other than their chosen broker for information such as the number of shares outstanding and then the price at which these shares have recently been trading on secondary markets. Though I can't specifically recommend any service notice. CO and Hive.com do provide data on secondary markets. They only report on what they can see. And it's almost certainly better than to have data, than not have data. But it also very much helps to compare quotes from multiple brokers. So. So kind of a. This was from December, you know, 2024, but again, good advice from David Schwartz. You know, overall. Yeah. So Dark Horse said not financial advice, but linked to our given financial advice even though they're not supposed to. This was back from November 4th, the 24th of all these accusations given by the former CRO. True Link 2 are just another in a long line of bad actors in the space. If you're promoting these guys and the XRP community may want to revisit your due diligence, unwind your contract, whereas most influencers don't do due diligence. Your soul, you know who you are. So, again, so there are a lot of critiques well before this actually hit and kind of wound up where it is today.
Jeff
Yeah, unfortunately, you know, and then we'll see, we'll see how that all shakes out. You know, we talk, you know, about the YouTuber, you know, YouTuber fanboys, you know, that are out there and, you know, people tend to follow them and, you know, when they get behind and the, the things that they say, the things that they support, the things that they promote, you know, goes a little bit beyond opinion when they get super hypey and super FOMO or super fud. And there, there were some, I remember, you know, early on and, and I like, you know, I, I ended up using and, you know, would still use the platform Bitru. But if you remember in the beginning that, you know, people were coming out and Bitru was supporting people behind the scenes, remember everyone was hyping up Bitru and what do they call them? Ambassadors. Yeah, everybody was a bitcher ambassador. And I remember we were saying, you know, at that point in time, it's a mistake, you know, that so many people are coming out to be Bitru ambassadors at that point in time. Nobody really knew anything about them, that you're supporting them. But then just the way it was done, just there was something a little bit, you know, not right in terms of how people were promoting it. We had had the CEO of Bitru on I like using the Bitru platform. I thought it was super simple, super easy. But there's something in and around that quote, unquote, Ambassador program that just, just didn't resonate, you know, the right way for us. And we called it out at that time too. And a lot of people then the, the program came to an end, you know, because there were, there were some. It just wasn't congruent. It just. There was something was a little bit off. Not say there was wrongdoing, but it just didn't. The way people were, you know, promoting it you know, and getting, you know, I don't want to get into that whole conversation again, but Lou, miss.
Chip
Yeah.
Jeff
Yeah. What's that? What were you gonna say?
Chip
No, I was saying. Justin was saying he misses, but he misses Bitru, which it was. It was a great platform. And then, and then obviously they. They decided not to do business in the US And a lot of had to do with, obviously, regulation. I think that'll change. I think Bitru will definitely come back. Was a good platform. We, you know, at the time, we had the CEO on here a couple times. We met Curse. Curse Wang down and at the. We met him down at the bitcoin Miami. We hung out with him for a little bit. Good dude. You know, I liked him back when he was running the show. I think he's been gone for over two years now, maybe two, three years.
Jeff
But I liked him a lot. It was really nice.
Chip
A good dude, you know, I still touch base with him now and again. I'll. I'll hit him up on LinkedIn. Hey, what's up? How you doing? All the kids, you know, he's just a good dude.
Jeff
So Lou said, I love Uphold, but I question the new Yield offering. Something doesn't add up, man. You know, I think across the board, you know, I mean, you have Yield offerings on Uphold, on Coinbase, on a lot of the different platforms. My lesson, you know, from, you know, even on Coinbase, you don't really lock it up to where you can lose, you know, Whereas on Celsius, I think overall, Uphold, Coinbase, Kraken, Gemini, these platforms are pretty stable, you know, not going anywhere. But the lessons learned that there's always that possibility. I feel more comfortable working with multiple different platforms, not just putting everything into one, you know, that's me. You know, everyone. Some people don't want to use platforms at all and they want to put everything on a USB thumb drive or the. The ledger, you know, not your keys, not your crypto. I said that a lot, you know, for a long time. And I had everything on ledgers, multiple ledgers, just in case, and. And then now I prefer to use exchanges. You know, to me, it just. It's easier across different platforms, you know, and it. It seems to work, but everyone's going to have their different risk tolerance, doing things that are even more risky. I. I went against my own principle on that. With Celsius, I'm like, oh, you can earn interest. And, and we had, we had Machinsky on and we talked to him and, and we looked at his previous company. And his history and entrepreneurship. Always on the right side of things. Always did well, always built, you know, had good exits. Always, you know, built good companies that were solid financially. And then I'm like, okay, let me test it out. Let me put Bitcoin over there. Let me put Ethereum over there. Guess who gets caught up and loses their Ethereum and Bitcoin, you know, that I put over there. So then obviously there was some money that came back from Celsius. They, they gave us back 60 of whatever the valuation was back then. Then there was another small distribution. Not that long ago it was 60 or 70. I forget the exact percentage. At least we got something back. You know, it could have been complete zero, and you walk away with nothing. So at least there was some distribution. But, man, I mean, it was, it was brutal, you know, to, to learn those lessons.
C
Power.
Jeff
Power Piggy on Bitro is great. I would lock stuff up on the Power Piggy, you know.
Chip
Yeah, it was good. It was good. Look at Matt Rose says, yeah, glad I was broke and couldn't invest breath razoo even if I wanted to. Yeah, well, sometimes that happens too. Same strategy. Me bought and held.
Jeff
Yeah, so, you know, everybody has a strategy.
Chip
Everybody has a different strategy. But, you know, when you have someone like Stefan Tomas, who was the former, you know, chief tech officer before David Schwartz took the helm over there at Ripple, and a guy like this who's smarter than all of us put together, and he happens to choose a cold storage wallet that has 10 tries before it bricks lost his password. And so he's had a firm for like past two years trying to crack it, he's going to split half of the money with them. When he recovers a Bitcoin, which is worth like over $300 million at this point, so he still walks away with 150 million. But again, you know, it's to think you're going to be immune from missing a password, something, failing, not having the keys written down properly, not having them stored safely. Look, it's human error, man. It's not anything for us as, as humans that we're going to do everything perfectly, especially when time elapses. Two years, five years, seven years, ten years. Oh, what happened to that? Oh, I don't know. Or the. The firmware update. And I've seen so many things go south with people, you know, losing stuff off their ledger, trying to update a software, click on the wrong link, losing everything. Look, there's a lot of things that can happen. That's why when you think about regulated you know, crypto, you know, exchanges. Look, you got to do what's right for you. You got to do what you think is right. Some people spread it around, some people have an alleger. Some people have multiple on exchanges, but nobody wants to be that person that goes like, oh, my family is counting on me. I effed up and everything's gone.
Jeff
Right? That's the star.
Chip
Don't want to be that guy. You don't want to be that gal. You don't want to be that person that. And. And have to live with that. Like a stuff on Tomas that. That has to live with that. A guy who's smarter, that knows better and it happens. Right? So this is where I say, this is where I've said all along that I don't care what you think about banks, but listen, for. For general populace, for them to think that their, Their. That their crypto would be stored at their bank through a custody. An industrial custard custody solution. The best way. Hey, where's your. Oh, I got mine in my bank. What do you do? Well, I just buy it and send it over there. Okay, so the bank is holding your. Is custody in your crypto. Yeah, like. And if there's some rules around insurance and how you safeguard that crypto, ultimately you can't expect the general public to be getting ledgers and figuring out how to buy an exchange and send it. There's, you know, you, like when you send it, your heart like, skips a beat, like, oh, is it there? I haven't got. Wait, it's not. Okay, now it's there, right? It's like going through that every single time. It's a lot. Rather than just clicking a button in your banking app and, oh, this moment. All my bank, all my crypto is just custody here. And if I want to move it somewhere else, yeah, I can move it with the help of customer support or other people that can help me move it so that I'm not going to make the screw up and have one thing off and it ends up in the ether somewhere. And you don't know where that is. So, yeah, we got to solve that problem because that's the real problem to solve for. For a massive adoption.
Jeff
That's right. So it does, you know, can it be too good to be true? You know, where. Where does the money come from? So when you're investing, you know, here's the rewards. Estimated rewards, 12%, 10%. These are typically calculated APY by the year. It's, you know, not, Not a monthly return. It's calculated for an annual return, even though might be short term. But, you know, what exactly are you doing? You know, how are you putting your crypto to work? Specifically, you know, why are you staking with them? You know, how are they protecting your investment? Because they'll ask if you hold USD over on uphold, they'll pay you four, four and a half percent on the USD as well, you know, which is FDIC backed. But here's how it works. Taking involves locking your crypto into a blockchain to help secure the network and validate transactions while you're earning rewards. So that's kind of the, the basis of it, you know, and then, so then you could really question, well how, how does that work, right? Who's, who's actually paying that bill? It's like, okay, great, you know, but there are trends. Every transaction there's a cost, there's revenue being generated in those transactions. So if somehow you're locking your crypto and there's a way to secure the network and let them validate and let them, you know, earn, you know, for every transaction that happens on uphold. But you know, there's, there's got to be more to it. There's also the way Celsius was doing it was based on some of the short term lending that they were supposed to be doing within the institutions. You know, and I think that part was interesting. If they're, you know, individual investors that were borrowing, you know, so if you're borrowing money, they're paying interest back. And so if you're the one that it got, it gets super convoluted. But I want to see where the institutions business short term loans that are being taken out and they're, they're paying back, they're paying bigger interest. So there's opportunities there. If you're securing the, the networks and the validations and all of that, maybe there's other mechanism that they're putting, you know, through the system. Something we get really got to dig into further because when you look at it you're like, okay, how does it work? But where does the money come from?
Chip
You know, that is the golden question right there. Lou Mirror Love this from Lou. He says on the chain, a format that's so interactive with the hosting community, it's the best. I don't want to miss it on the chain stream. Yeah, that's great. That's one of the reasons we love doing it is because you guys drive a lot of what we do here, right? So someone asked a question about, you know, very early on about, hey, how does it work? Right? So we dive right into like, hey, how does it work? How does the staking work? Over on uphold.
Jeff
And it's better to look and say, here you go, you know. Uphold staking feature works with blockchains. They use proof of stake as a consensus mechanism for validating processing transactions. Creating new blocks in a blockchain, owners of a crypto asset pledge their coin to a validator through upholding its partners as part of this governance process. Once a block is ready to be processed, the crypto assets proof of stake protocol selects a validator node to verify whether the transactions are accurate and if so, they add that block to the chain, receiving a reward for their contribution. The chances of a validator being picked differs with each protocol, with some randomization often employed. But chances are increased by the length of time validators have staked their coins and the amount staked. So this is where they get higher reward. Virtually anyone with a minimum balance of supported POS token can validate transactions and get rewards for doing so. Those rewards are credited regularly to your staking account, thereby thereby compounding future rewards. Staking is therefore a great legitimate way to put your holdings to work for you while supporting the governance function of a blockchain. So I, I kind of like the notion of what they're working towards when you're staking versus, you know, crypto lending and borrowing and, and all of that. So is it the same as, as lending? No, because you're staking, you might lock it up. I know on Bitru they were like 30 day lockups and you know, and then that's how I believe there's a way to release it from the lockup. Then you basically, you know, don't get any of, of the return at that point. How are they calculated? So I, I think it's really great, you know, when they really get into it, what is the API apy? So again, it is an annual return. So when you look at those, you know, 10, 12%, you know, so make it easy. 12 annually is 1% per month, you know, so you can kind of factor exactly where you're at, you know, on that, on that return. So it's, it's really cool.
Chip
You know, says it's steak, not steak, steak, not steak. These noodle fingers around.
Jeff
Steak, steak, steak.
Chip
Yeah, so look at that building. So I wanted to want to move on to some other interesting things that are happening here. Naive Bukele, who is the president of El Salvador, put this up. He said Today the first 238 members of the Venezuelan criminal organization Trend Agua arrived in our country. They were immediately transferred to seacot, which is the terrorism confinement center, for a period of one year that's renewable. The United States will pay a very low fee for them, but a very high one for us. And over time, these actions combined with the production already being generated by more than 40, 000 inmates engaged in various workshops. That's what they call them, Jeff. Workshops. They're in workshops every day. And labor under the Zero Idleness program will help make our prison system self sustainable. As of Today, it costs 200 million a year. On this occasion, the US also sent us 23 Ms. 13 members wanted by Salvadorian justice, including two ring leaders. One of them is a member of the criminal organization's highest structure. This will help us finalize intelligence gathering and go after the lost remnants of MS.13, including its former new members. Money, weapons, drugs, hideouts, collaborators and sponsors. And as always, we continue advancing in the fight of organized crime. But this time, we are also helping our allies, making our prison system self sustainable and obtaining vital intelligence to make this make our country an even safer place, all in one single action. May God bless El Salvador and may God bless the United States. And I'm going to play a video that that bukey posted right here. Here. They're there taking them off the planes, taking the prisoners off into the benches. They're not messing around.
Jeff
Yeah, they don't mess around.
Chip
We're grappling them, taking them off in chains. Violence. Violent criminals, killers. Put their head down, not to be photographed. Yeah, Embarrassment. They basically pull their heads forward. They put them on camera, photograph them and they process them. Watch how they process them, though. Here come the buses rolling up to the prison. Take them out, start shaving them down. That's how that. Look at that. Hot drop. 238 of them with his top Ms. 13 ringleaders that are wanted in El Salvador as well.
Jeff
We're gonna keep getting them. At this point, that thing looks like a sci fi movie.
Chip
Tell you what, this is not a prison you want to be part of. Right here. As they start loading them, there's the purple off right there. They come down and shave it right down. Yeah. You don't have a name, you have a number. From now on is even doing this is insane.
Jeff
Nice. Talk about that documentary on Netflix, I think. Is it crazy documentary?
Chip
Yeah. So there they go, Boom. Into the prison. That's it. Hard labor, man.
Jeff
That's it.
Chip
Call them workshops. Workshops.
Jeff
Look at that. It's crazy.
Chip
But not messing around whatsoever. So I thought that was interesting. And then naive Bukele posted this. So the New York Post put a thing the federal judge orders deportation flights carrying alleged, then allegedly Venezuelan gangbangers to return to us blocks Trump from invoking Alien Enemies Act. Yeah, and Bukele said, oopsie, too late. They were already received unloaded from the planes. Too bad. Now what kind of a scumbag federal judge wants these killers, known killers, to be returned to the US? This is when your politics has corrupted your brain. Absolutely. This is when your leftness has left the building. I mean to be a federal judge and try to overrule the president to return, you know, known killers. And how many, how many people have they killed in the United States? It's, it's incredible that you would even want to be a federal judge and even, even authorize this. Secretary Marco Rubio said we've said two dangerous top Ms. 13 leaders plus 21 of its most wanted back to face justice in El Salvador. Also as promised by President United States, we sent over 250 alien members of the trend agua which El Salvador has agreed to hold in their very good jails at a very fair price. It will also save our taxpayer dollars. President Bukele not only the strongest security leader in our region, but he's also a great friend the U.S. thank you. That was a nice thank you note that I thought from, from Rubio.
Jeff
So Congressman Brandon Gill said I'll be following filing articles of impeachment against activist judge James Bosberg this week. They're done.
Chip
They're done.
Jeff
Every one of these judges that want to be activists that are beholden to the leftist machine, they're done. Every last one of them is going to be removed. It's brilliant. You know, they're not that we're not, we're not playing around anymore. You know, Lloyd is saying I'm from la and that game came in quick and they were destructive. Understand the cartels work for the government, so maybe their jobs are complete new pawns incoming, different government in place. They're dismantling all of those components that allowed for all of this destructive behavior because it was all, it was all a money move. It was all about manipulating the flow of money. And so when you consider the manipulation of the flow of money into the hands of the Democrat machine or the Rhino machine, it was all the deep state agenda, right? So if you put it into the establishment, let's call it the establishment, the establishment, this is, this is what they've, this is what They've been doing, you know, we, we had another article here. A 250 million dollar per year building sits empty. They've been paying 250 million. The guy who signs the lease on it apparently got like $9 million, you know, for close all the money. It's all just payback. Everything's payback. That's coming to an end. These people, how many more people are going to end up in jail in El Salvador? You know, we don't. We have Guantanamo now we got El Salvador. Bukele. That guy, man, he's doing, he's doing the world a, a service, that's for sure.
Chip
Yeah. And, and you tease this thing about Margaret Thatcher from the very beginning, but.
Jeff
Yeah.
Chip
How prolific is this? Let's listen into Margaret Thatcher given this.
Jeff
Yeah.
Chip
You know, and I remember at the time, you know, people hated Thatcher. They thought she was the. And in the 1970s when Thatcher rose to power, you know, she was firstly the first woman prime minister. She was somebody that actually stood for something. Right. And, and she got so much incoming, you know, and, and she was around when Reagan was around. But she turned the Great Britain around from a poverty stricken company country going under, you know, to coming back. And she brought it back but she got so much flack for it. Churchill, same thing. It's amazing. These people that were wonder workers, you know, miracle workers inside, you know. And then meanwhile you have all these long line of people like Kira Starmer who's just a complete ass hat, dumber than dumb, responsible for all kinds of, you know, garbage. So it's just, you know, on its onset. But let's listen to what she has to say.
Jeff
Yeah, we go be returned.
C
Those who are illegal immigrants.
Jeff
Those who are illegal immigrants will be returned.
C
And it is customary international law for countries to receive their own immigrants back into their country. And if he is right honorable gentleman.
Jeff
Is suggesting that we ever get to.
C
A position when you cannot return illegal immigrants to their country of origin, then.
Chip
Here, then he is proposing international chaos.
Jeff
So that's what they want. That's exactly right.
Chip
That's exactly what they want.
Jeff
Yep. They want international chaos. More. The more chaos, the more hectic it is, the more control they have. Just like during our supervisor of election back in 2018 when people, you know, march down there at night day and they were protesting. We almost had a Governor Gillum, you know, but they were corrupting the system. They were making up fictitious votes because it was chaos. You know, everything that was going on in that building, you know, she was then removed, you know, the one chart. Yep. But you just, but that's what they want. They love that type of, you know, stuff going on because it's easier to corrupt.
Chip
It's amazing. And, and what, what, what drives me crazy is like, you see the morning shows come on on Sunday mornings here in the US it's all the Sunday talk shows which are really politics based. And so you have like a lot of people from the administration on, but it's all propaganda, most of it. It's all leftist, you know, mainstream media. But here you have the Democrats doubling down on stupid. And I think it's glorious. And please keep it up until the midterms because you're crushing it. You're crushing it. You're going to deliver a massive blow. But just look at the senselessness of this clip right here. NBC News poll, as you just saw, shows the Democratic Party at an all time low approval rating. Why do you think Democrats are failing.
Jeff
To connect with Americans at this critical moment of urgency which you just.
Chip
Good question. Right, Jeff? So, so, so please, please, oh wise one, please shine the light on why they're connecting so badly. And this is where you see doubling down on stupid. Here it is. Thank God. Well, it's, it's, it's what I just talked about. I mean, I think Americans want the Democratic Party to stand up and fight and to take what risks. Listen, I understand that had we gone into a shutdown, even for a handful of days, it would have been difficult, but it would have sent a message that the Democratic Party is not going to be bullied by Donald Trump. We are not going to let them write spending bills unilaterally that cut programs for people we care about that give the president new and extraordinary power. I think Democrats in this country, country, but I think the broad middle of the public as well want to see our party fighting in exceptional ways. That is the conversation that has to happen inside of the Democratic Party, inside our caucus. And if we don't get that right, if we can continue. What happens if you work with Republicans? If we continue to handle Trump? We lose democracy. We are going to lose our democracy. I knew it. Our new NBC, Jeff. They're going to lose this is it democracy. I mean, can you believe doubling down on stupid? I mean, given all we know, what do you, what are we gonna do? I want them on the fight. You got, you got a 9% approval rating, right? Fighting is not the way self reflection would be more important at this point than fighting. Right. Because the fighting obviously is not working. Now. I hope they keep it up because I think it's brilliant. I think it'll be fantastic for the midterms.
Jeff
It's great. It's great. They're so bad.
Chip
I came across this piece, I just thought, random type of piece. And this spoke so well to me here. But this woman is so on the inside of what's up with liberals. Listen to this clip here.
C
The Western liberal mind conceives of itself as being good because it's liberal. The Western liberal tells him or herself, I'm a good person because I'm liberal. I'm liberal because I'm a good person. Which means that I believe in things like the brotherhood of man, conscience and compassion, looking after the wretched of the world, the poor, the wretched of the world, standing up against abuses of power. These are all good things. And that's why I'm a liberal. And I'm a liberal because of all these good things. So one of the expressions of my goodness and my liberalism is that I support the Palestinian Arabs, who I think are an oppressed people. And they are oppressed by the Israelis who have taken their land away from them, and they are oppressing them. Now, every part of that, in my view, is a lie. But put that to one side. This is what the liberal progressive thinks. And the liberal progressive thinks that supporting the Palestinians is therefore something that makes the liberal progressive a good person. October 7 happened, and suddenly you have a situation in which the people that the liberal progressive has supported as being oppressed and everything they do is a legitimate defense or resistance against oppression. Suddenly we can see that those people have turned into the most bloodthirsty savages that could ever be imagined. Not just people who kill, but who slaughter in a sadistic, barbaric, debauched and depraved fashion that people can't imagine ever happening. They have slaughtered, raped, beheaded, tortured, burned alive, babies, children, women, elderly, men and others, and in which the people that they have supported as being oppressed are good people because they're. They're victims are these savages. And the people they have represented as oppressors are the victims. They can't have that. Because if they have that, if they admit that that is the case, then their entire worldview is shattered. Because the people, you know, the cause they have support as representing goodness, is shown to be evil. And what does that make them? It makes them evil, so they can't have it. So what do they do? They go to extraordinary lengths to pretend that black is white, that justice is injustice, that oppression is resistance, and vice versa. So they have to represent the Israelis as being at fault. The Israelis are to blame for what's happened. So there is no better way of blaming people than accusing them of the very thing they are the victim of.
Chip
Projection.
C
Projection. So you accuse them of genocide. We hear it also regularly. The Israelis are accused of being Nazis. It's the same thing. It's not simply an offensive thing. It's a very deliberate thing. Because if the Israelis are Nazis, then then we are free. We, the liberal west, are free of any kind of guilt or any kind of association with bad things because they are to blame. They are the people who are bad. And so we are free to continue with our fantasies of us being good people. And I think that's also what lay behind these amazing scenes that we saw on social media of people with their hands tearing down posters of the hostages. Now you have to ask yourself, what's going through the mind of someone like that? These weren't posters advertising Israel. They weren't advertising the Israeli Defense Forces. They were pictures of babies, of children, of women who had been kidnapped by bloodthirsty monsters, by savage, depraved savages, and were being almost certainly subjected to untold horrors. And yet they were torn down. And the faces of the people tearing them down were contorted very often with rage and hate. And you have to ask yourself, what's going on in the mind of that person? And it seemed to me that they were. That they had to literally, with their fingernails, tear it out of sight. It was something that could not be tolerated to be in existence at all. The very concept of the Israeli babies and children as victims of the people they had been supporting because it contradicted the narrative on which they had hung their own moral worth. And it seemed to me also they were tearing the Jews out, trying to tear the Jewish people completely out of their world, out of their sight, out of their world, out of their minds, out of their thoughts, and out of their consciences. That's, to me, what it represented. And this whole inversion of genocide thing is part of that. It is not just disgusting. It is not just ridiculous. It's evil. And I think it is a symptom of the evil paths into which the west has fallen through its embrace of a whole range of ideologies, a whole range of thinking, which I think has come to define what we call the liberal progressive West.
Chip
That's pretty well succinctly said, Jeff. Thoughts on that?
Jeff
And you know, she uses a real day event that's taking place on unfolding and you see how people respond to it. Unfortunately, you know, we see some of that wokeism on the right that's taking place right now as well.
Chip
But wait, wokeism on the right.
Jeff
Wait, you have the, the, you have wokeism. This quote unquote wokeism, you know, taking a part of what we're listening to and you can apply it as somewhat on the right because they're also adhering to some of the stereotypic things, you know, that, that have taken place, whether it's through misinformation or libertarianism or however it's being applied to the space. But you know, what she was talking about is that you have, you know, this, this meltdown within the Democrat Party where they're, they've adhered to certain principles that now they, you know, like, I mean it was, it was just so well said, you know, but what we're, we've been talking about this whole thing and this whole narrative. Look at how they allow like with the BLM and antifa parading in the streets and burning things down and they've gone so far over to this, to this socialist narrative of, of the, you know, the fragmentation of civil society that they no longer agree with that civil society. And, and then they have to explain the rationale and then their, their hatred and they do have their vile. And the amount of hate that they have bottled up inside of them is, is staggering to see exactly, you know, what they're capable of. And, but that's how it all begins. And then they start dehumanizing. They dehumanized conservatives. You know, they dehumanized anyone who supported Trump. You know, the Trumpers, they dehumanize maga. You know, they, they broke it down to such a, a component. The Rhinos are caught up in that. The Democrats were caught up in that. Not, not all Democrats because the ones that pulled it to the, to the left because the others, Tulsi Gabbard, rfk, Fetterman and, and the list, there's a long list of them that are, are, are ostracized and, and kind of pushed out from the, from that, from that group, you know, the, the congressman in New York that's always extremely outspoken and I find it difficult to see why they can still balance because the, the rest of those they've take, they've hijacked. The Democrat Party is what I think. You know, I mean, at the end of the day, we have a two party political system. You have Republican, Democrat, the dead. The Republican Party was hijacked by the Rhinos and they Moved us so far off of the constitutional conservativism to the establishment. The Democrats pulled us outside of the establishment altogether. I don't know where they pulled us. You know, they pulled us into insanity of socialism and, you know, and then they, all this stuff, they start, start cramming down people's throats, you know, through, you know, this crazy society that, that they decide they wanted to build. And it just, it, it, it's unbelievable, you know, so we're, we're, you know, we're beyond that now. Yeah, we're making, you know, good progress. What, I mean, what are your thoughts on, on all of this?
Chip
Yeah, I mean, I think she taps into one, I mean, she, she, she, she puts it with one event, but I think, I think the deeper message she was getting at, which is, which is like, you know, inherently thinking that you're, you, It's a person that wants to fight for injustice, that, that's the liberal mindset in itself. Like I am the one stands up for the little guy. And then missing all of the things that are happening in between and then being somebody that's going to go key cars, like, because you don't like this hatred for Elon Musk, you're going to go key somebody's personal vehicle because they happen to have purchased a, you know, a Tesla, a Tesla, you're going to key it in a driveway, you're going to throw Molotov cocktails at it. Like this whole thing, like, where does the rage come from? And have you lost, you know, losing sight of what you're actually fighting for becomes this like underground sort of driving religion that you really don't even know where all the angst and, and upsets coming from. And when so many, when so much stuff has happened, you know, you can get mad at Elon, but he's the one guy who's saving, you know, who's trying to do his best to be able to cut the, the, the waste and, but you look at someone like McMahon who took over the Department of Education, fired 50% of the people. Not a word. It's like fire. 50% of the people are gone. Pete Heath, you know, massive amount of turnover, like getting rid of people like non stop. Everybody in the department has been doing this. But why they single out Moss. He was the darling, right? He was. Because when he was a Democrat, he was the darling. Oh, we're going to buy Teslas and you know, something's askew when you got Mark Kelly, who's a senator, a former astronaut, is, is grandstanding on video, talking about giving up his Tesla. He's selling his Tesla. He's going to go buy a Chevy because it's a, it's, it's, it's a, it's made in the US Well, Teslas are all made in the US. The most made car in the United States is a Tesla, more so than any other car because they get parts from other countries. Everything is made 100 exclusively for Teslas. Of course, they make them in Germany, they make them over in China as well. But the point is like here's guy Mark Kelly, who was a former astronaut, meanwhile, who just sent up a crew to go rescue the astronauts that have been stranded there for seven months. And the reason that the previous administration didn't do it and the reason that you didn't. That, that, that Biden didn't do it because he thought it would look bad against Kamala if somebody who's a Trump supporter goes and rescues the astronauts. This is how partisan and how pathetic it's become. So he sends a crew up there. You saw the video. They're all, you know, happy that the new four crew comes in. They're going to bring them home. You know, these are heroes. They've been up there for forever and a day. You want to talk about American ingenuity? A guy who launches a rocket and then brings the booster back down, which. And this thing's massive. It's like 13 stories tall and it gets caught and it's ready to reuse. And this is the guy that they're going to hate on like they've lost sight of everything all together. It's insane. And I had like two more videos that I wanted to play. One of them here. This one caught me by surprise. But this apparently. Did you know that Zelensky had a house in Florida?
Jeff
I did not.
Chip
Well, here it is.
Jeff
I saw that. So check it out.
Chip
The house of Ukrainian President Zelensky. The mansion is worth $20 million. Located in Pontevedra Beach, Florida.
Jeff
Nice house.
Chip
This is a four car garage.
Jeff
A staircase leads to a small fountain. Beautifully designed courtyard. The roof is hedge red.
Chip
Extra large terrace on the second floor. Circular bedroom.
Jeff
Wooden walkway to the beach. Outdoor lounge area.
Chip
Pool with spa, music. I mean, yeah, music's gonna get us in trouble.
Jeff
Yeah. Yep.
Chip
Damn music's gonna get us in trouble again. Holy cow. But, but anyway, you get, you sort of get the idea. And if you've seen what's been taking place in Canada, here's Pierre Poliev. He's been hammering Mark Carney. Mark Carney, who's the new Prime Minister of Canada, who hasn't lived there in 10 years, who lives, who, who is the former central bank, you know, he ran the bank of England. Central banker. He moved his offices from Canada to New York. This is a guy that's prime minister moved his personal offices to New York City. But this is Pierre Polyev taken a page out of Trump's playbook. This is actually a page right here that we've no Apple, but here it is. And I think he's got the right messaging here. This is amazing. Be a self reliant sovereign country that stands on its two feet. We will reward work, unleash entrepreneurs, harvest.
Jeff
Our resources, make our own goods, trade with each other, build homes for our.
Chip
Youth, rebuild our borders and military, honor our history and raise our flag. What binds us together is the Canadian promise that any, anyone from anywhere can do anything. That hard work gets you a great life in a beautiful house on a safe street, wrapped in the protective arms of a solid border, defended by brave soldiers under a proud flag.
Jeff
To preserve that flag and its promise.
Chip
We must work together, fight together and win together. That is what it means to put Canada first. What do you think of that ad?
Jeff
Make America great. Make Canada great again.
Chip
Right. I mean it really does hit all. He talks about the promise of, you know, having a great life, hard work, you know, it's very similar to the American dream, right? Hard work, you know, an honest day's work, you know, that you can do and achieve anything. And so I like the fact that it's like this Canada first message and it's completely contrary to everything else. Well, that's, well, I don't think they necessarily sound like Trump. Look, he's putting his country first. This is Canada first, right? This is what it means to be Canada first. That's right. Constitution's key, right? So the constitution is a big thing and all these parliamentary systems and you know, these communist sort of systems are going to have, you know, some issues, you know, in the end, but. And again, they don't have a constitution. They don't have a constitution like the United States. They do have one, but it's not similar to the, the United States. It's not a republic, it's not a constitutional republic. It's a, it's a, you know, typical. Yeah, a disaster, well said parliamentary system, which is disaster. And it's funny, Jeff, it's like two or coming up on 250 years, founding as a nation and no one thought like, huh, geez, why don't we write. Why don't we write a constitution for our country? Written by the people. Limiting the government power. Nah, we'll just go with the parliamentary system now. We just. We'll just stay with the monarchy. Like 250 years have passed and not one country gets the idea of, like, it's not a bad idea. Maybe we should become a republic. Maybe we should be grounded in our constitution. Institution that limits the power of our government. Written by the people. Nah, that's stupid. Not one. Not one 250 years. And that's one country, not one taker, Jeff.
Jeff
No. Well, no one ever. No one ever profited from that.
Chip
Look at this. You're gonna make a great American. I love Peter Poliev. I love the dude, man. I really do. I just love. I, you know, I can't listen to him enough. I think he's a very effective politician. And if you. Look, if he can't win in Canada, man, I'm sorry. There's just. I don't know what to say. I mean, there's just not a lot of hope. I mean, he's a. He's a good dude. He has his head, you know, screwed on, you know, straight. He knows what he has to do. He. He wants to. He wants to make the country a phenomenal country. Right? I mean, and will he get a chance to do it? I don't know. Yeah. I really don't at this point. It's good to see, though, right? What? Right on. It's good to see, man. It's good to see. And people say, like, well, he's studying Trump. No, he's putting his country first. He. He's talking about what makes Canada great. He's talking about the great people of Canada. There's 40 million people that make this country work. It's a vast lot of land for the amount of people that live there. And they got a pretty strong gdp. They're fighting people, they're caring people. They got a long history. And it's like, for them to want to succeed. It's time to pull together, man. It's time to pull together and watch the Canadians succeed because, you know, they're. They're strong people, they're a great neighbor. You know, nobody likes what's going on with this terror stuff, and that'll fall by the wayside. But, you know, we gotta. We want. We want Mexico to be a great, strong country. We certainly want Canada to be a great, strong country. You know, our border, you know, countries, but also our friends and, you know, in North America, it just bodes well for all of us if we can win together. So I'd love to see what's happening with Pierre probably. I love the guy. Sort of like, you know, you know, 51st state. I don't think they'll ever join. I just don't think it's going to be. America makes Canada great. Some, some of, some truth to that. There's some rub off, but there's a lot of things that are uniquely Canadian. By the way, Jeff, I gotta tell you that today there's this one maple syrup that I buy that's aged in bourbon barrels. That is the best maple syrup I've ever had, man. It's like the greatest thing. And I've tried all the different maple syrups, comes from Canada. And, and, and I also mixed in a little bit of my, I took a little bit of that syrup with a little bit of this. I get this stuff out of Atlanta, which is a, it's a, it's a mixer for bourbons, you know, for, for an old fashioned. But it has like coffee and some other stuff. It's a, it's a. And so I put a couple dabs of that in this maple syrup on some gluten free pancakes. Holy cow, man. It's a, it's a, it's a whole experience, man. Delicious. Delicious, man.
Jeff
All right, where are we at? Carrie Lake?
Chip
Kerry Lake. I had that. Oh, crap. Let's see. I was trying to pull up this. Here it is Crown mate. This is it right here. Trying to find the, this amazing bourbon. This is it right here. Here it is right here. It's the, it's the bourbon barrel aged maple syrup, which is phenom right here. There it is. It's called Crown maple syrup. Bourbon Barrel aged even looks like a bourbon. It looks like a market bottle. You ever had this crown stuff?
Jeff
I've never had that. Is that from. Is that Crown? Crown Royal?
Chip
No, it's just Crown is the name of the company, but it's a Canadian company.
Jeff
Oh, it's a different, it's not the typical Canadian crown whiskey.
Chip
No, no, it's not. I don't think it's crown whiskey. I think it's just Crown is the name of the. But they have a couple different ones. But this is. I found this one to be the best. But this is good. You can buy it off of Amazon. But it's. If you, if you want it, you know, it's again, it's got a great dark, rich, beautiful flavor to it. Phenomenal. Good stuff.
Jeff
Now they have another crown. Because they have crown royal and now they have another crown. That's interesting.
Chip
Yeah, I don't know if that's. I don't. I don't know. I bought it and. And then the store that I bought it from never carried again. So I end up finding it up on Amazon, which is just said I'm.
Jeff
In for crown maple syrup. That'd be awesome. It's a bourbon. Bourbon May.
Chip
Yeah. I'll throw this in the. But you can also buy it on Amazon too. But I'll throw that in there.
Jeff
But what is that per bottle? What does that say?
Chip
This is 20 bucks. I bought it for 24. For a big bottle. I bought it for 20 big, huge bottle. I mean, maple syrup's expensive. And I bought. I bought a pretty sizable bottle. That's 12 ounces. I think I got a 22 ounce bottle.
Jeff
Mike said that would go good with yeti coffee. That's right. The badass.
Chip
Oh, yeah, it would go good, man. But yeah, so they have maples. They have all kinds of maple syrup. They have a couple different. One. They have applewood smoked. They got the bourbon barrel. They got the cinnamon infused Madagascar vanilla, All kinds of stuff. But that's what they. That's what they basically deal with. But yeah, there it is right there. Crown maple, baby.
Jeff
Crown maple wood.
Chip
An applewood smoked. That's pretty good too. I've had that one too. But nothing's better than the bourbon barrel, man. Fantastic. All right, let's pick that yeti, baby. You ready to get that yeti? We got 22 entered.
Jeff
Hang on. Before we do that, let me throw on the commercial so people know what to do. I made an edit to it while we went. So here we go. You ready?
Chip
What's the word of the day? Ready? Because this one's going to be epic.
Jeff
Get ready to claim your own legendary blue droid Yeti of the clown spirit walkers.
Chip
His name is gold. Far.
Jeff
Let's go. All right.
Chip
What was the edit?
Jeff
I missed the edit I put in. His name was Goldfar.
Chip
Old school. Far.
Jeff
I didn't see it. He didn't see the edit. Oh, man.
Chip
No. I thought I saw that. I thought. I thought I was in there last time and I missed that. I don't know. All right.
Jeff
No, this time it was good. Now we got to play it again. Can we fast forward? Let me see what the word of the day. Yeti.
Chip
Boom. Get yourself ready because this one's going to be epic.
Jeff
Get ready to claim your own legendary blue drive yeti of the Clown Spirit Walkers.
Chip
His name is Gold Far.
Jeff
Let's go.
Chip
His name is Skulls Far.
Jeff
Old Far.
Chip
Skulls Far. All right. All right.
Jeff
He has a name.
Chip
To be delivered tomorrow. Yes.
Jeff
Look at that. That was quick.
Chip
Yeah. We need time for a badass yeti. Maple syrup. Hell yeah. Bourbon bottles. Man. I'll tell you what. God. Is that? Phenomenal. Delish. All right. Here we go. We're about ready to pull the trigger. We have 26 entered. Are you guys ready? Let's see who's gonna win. You guys know the drill. I'm here. I'm grabbing my wallet here. Let's go. Go.
Jeff
Boom.
Chip
Jim D. Wins. Jim D. No way.
Jeff
Jim D. Winner.
Chip
Chicken, chicken dinner. Jim D. Is the winner a chicken chicken dinner. Jim. Do you there. Drum roll, please. Rigged. Johnson's rig.
Jeff
Rigged?
Chip
How could it be rigged? I just pressed the button. There's no way that we can control it.
Jeff
I don't know. I don't know.
Chip
Control it. Man.
Jeff
Man. Is John D. Still here?
Chip
John D. Jim D. John D. Are you kidding me? Are you effing kidding me?
Jeff
Where is he? That's Jim D. Jim D. Jim.
Chip
If you don't.
Jeff
Yeah, I can't. It's amazing. He's eating his maple syrup. Let me see. Jim. Dan. See?
Chip
Jim D. Does seem to win a lot. Though.
Jeff
It's been a while. He hasn't won in a while.
Chip
He hasn't won in a while. But. And he's also given up. He's also passed them on to others too. So he has done that. Actually. This place is in Great Plains, New York.
Jeff
Oh. Jim D. There he is. Give it to a nice lady. We do have his address saved. But if he's not here. But he is here. But if he wasn't here. It still has to go by the rules. You know. Floyd closes the door. Locks it. Jim's gone.
Chip
Roll the tape.
Jeff
So funny.
Chip
Roll the tape.
Jeff
Jim D. Said give it to a nice lady. All right. You know that means we got to re. Roll.
Chip
That means you have to reroll.
Jeff
Means you gotta roll again.
Chip
Okay, Here we go. Draw again. Here we go. Who's it gonna win? Who's gonna be where it stops? Nobody knows. It's getting close to the edge. Lloyd Mitchell.
Jeff
Lloyd Mitchell.
Chip
Lloyd Mitchell. Boom with that confetti.
Jeff
Lloyd. You just won.
Chip
There you go.
Jeff
Lloyd.
Chip
There you go. Jimmy's thanking Jim.
Jeff
Yeah.
Chip
Sure is thanking Jim.
Jeff
Look at that.
Chip
All right, Lloyd. You're the big winner. Look at that. Jim D. And giving it up. A nice young lady named Lloyd Mitchell. 1.
Jeff
His name must have a great algorithm that could be. Chimney might have a good algorithm within.
Chip
I could just see that.
Jeff
That works.
Chip
But cool robot face replaced by Skullsvar or whatever the hell his name is.
Jeff
And Lloyd. Lloyd never gets the live. So here he is on the live and the win.
Chip
All right, there you go, dude. Thanks to Jim D. Nice. What's your wallet, baby?
Jeff
Now, now we just need your. Your wallet address. Throw that bad boy in there. Common wallet.
Chip
Thanks, Jim.
Jeff
It's fixed.
Chip
It's always going to be until Joe wins. They'll be like, oh, it's fixed. No, it's not. It was like pure, pure luck. Damn, son. Damn.
Jeff
I gotta document this. Hello? Yeah, we're wrapping up.
Chip
Man.
Jeff
Something you need? What?
Chip
I gotta go. I got early flight in the morning.
Jeff
Jeff made something.
Chip
Yeah.
Jeff
Oh, what'd you make? I was gonna ask you to look at it. Oh, lights reflecting off you. Look, we gotta wrap up. We're just about to end, so let's end. Let me end. Okay. Okay. And then I'll see what you made. What did you make? Oh, you did a business outline. Okay, sweet. Oh, you did a slideshow. Okay. All right.
Chip
All right, man.
Jeff
A deck. A deck. Look at that. Made a deck. Doing a business.
Chip
We need your wallet. We need your wallet, man.
Jeff
Oh, I gotta go into the regular YouTube. All right, here we go. Going to the YouTube, man. I wish I could just go on to the regular one. Just get it right on the stream yard. Said I gotta go. There it is. I got it. I see it.
Chip
Hang on there.
Jeff
Seconds.
Chip
It wasn't showing up in here, but it's there.
Jeff
I see it over there.
Chip
Price prediction. 60 cents. I didn't say what year or what time frame. There you go. That's your price prediction.
Jeff
Price prediction for what?
Chip
All right, Chad says pass the deck for the group to edit. We're gonna workshop it. We're gonna workshop it.
Jeff
We should. So that's my son put his. His business presentation together. It's working on a project and so we should workshop it. We'll bring it in here. We'll make sure it gets the. Gets the win.
Chip
You guys have a good week.
Jeff
Oh, wait, I gotta go into the Zamen. I'm opening up the wrong wallet going into the zombie. And here we go. I'm getting ready to transfer this bad.
Chip
Boy.
Jeff
Slide to accept. Sending. Verifying. Done. Submitted successfully. Lloyd is now the proud owner of Skull bar.
Chip
Beautiful.
Jeff
Number five. 21.
Chip
Gotta love it.
Jeff
Man of the spirit.
Chip
Walker. All right, well, that's it, guys. We are out of here. We guys will see you. Well, Jeff will see you Wednesday night. I will be in transit, and I will be back on Saturday morning. So Jeff will be doing solo on Wednesday, bringing you another phenomenal banger show. Did he get it? I think he got it right, look.
Jeff
Yeah, I'm sure. Well, it went. Whatever address we took that we you sent is now on its way.
Chip
Beautiful, man. All right. That's all we know, guys.
Jeff
Oh, say that. Make sure you collect it.
Chip
Sweet. Awesome. Love to see that.
Jeff
That's so great.
Chip
Maybe, just maybe, next time we see you in the chat, we'll see instead of that cool robot face, we'll see Skulls are scarf. Skull Far. Whatever the hell his name is. Skull Star. Skull. I don't know what his name is. So we'll see that for sure. All right, guys. We'll see you guys the next one. Chip and Jeff out. Have a great week, guys. Talk soon.
Jeff
Are you down with otc? Please, like, subscribe and click the bell.
Chip
To be notified when the next video drops.
Podcast Summary: On The Chain - Blockchain and Cryptocurrency News + Opinion
Episode: XRP’s BIG Year – Margaret Thatcher’s Warning – El Salvador & the Global Power Struggle
Release Date: March 17, 2025
Host: Jeff
Co-Host: Chip
In this episode of On The Chain, hosts Jeff and Chip delve into the significant developments surrounding XRP, Ripple’s strategic moves, and geopolitical maneuvers in El Salvador. The conversation is rich with insights into the evolving blockchain landscape, community dynamics, and the intersection of cryptocurrency with global politics.
Massive Growth and Strategic Wins
Jeff opens the discussion by highlighting that 2025 has been a monumental year for XRP, emphasizing its resurgence and strategic advancements within the cryptocurrency and digital asset space. He states, “It’s been a massive year for XRP so far. Massive year for crypto, Massive year for freedom.” [00:34]
Ripple’s Trademark Application
Chip brings attention to Ripple’s recent trademark application for "Ripple Custody," which pertains to downloadable software for the custody and transmission of various currencies, including crypto and fiat. He explains, “Ripple custody. That's all it is, really.” [04:54] This move signifies Ripple’s intent to solidify its presence in the financial services sector, particularly focusing on storage and transmission solutions for digital assets.
Soil Farm’s Partnership with Ripple
A significant portion of the conversation revolves around Soil Farm’s collaboration with Ripple through the XRPL Launch Program. Chip summarizes the partnership, mentioning, “Soil Farm is pioneering a new era of risk optimized, real-world integrated DeFi lending on the XRP ledger.” [05:38] The hosts discuss how Soil Farm aims to bridge traditional finance with decentralized finance (DeFi), leveraging the XRP ledger for compliant and secure yield generation.
Expansion to Multiple Blockchains
Jeff and Chip elaborate on Soil Farm’s expansion strategy, noting their launch on Polygon and plans to integrate with Ethereum and other EVM-compatible chains. Jeff highlights, “We’ve enhanced your tokenomics. From now on, all pool rewards will be paid exclusively in stablecoins.” [10:02] This approach is intended to minimize volatility and provide more sustainable yields for investors.
Crackdown on MS-13
The hosts transition to discussing President Nayib Bukele’s aggressive actions against criminal organizations in El Salvador, specifically targeting MS-13. Chip narrates a video posted by Bukele, stating, “Today the first 238 members of the Venezuelan criminal organization Trend Agua arrived in our country,” [46:00] underscoring the nation’s commitment to battling organized crime.
International Collaboration and Financial Implications
El Salvador’s cooperation with the United States is highlighted, with Jeff noting, “The United States will pay a very low fee for them, but a very high one for us.” [47:19] This collaboration not only aims to enhance national security but also seeks to make El Salvador’s prison system self-sustainable through initiatives like the Zero Idleness program.
Political Repercussions
Jeff and Chip discuss the political ramifications of these actions, including criticisms of US federal judges and the interplay between liberal politics and international law. Chip asserts, “That's exactly what they want,” in reference to fostering international chaos to strengthen governmental control. [54:32]
Badass Yeti NFT Giveaway
A recurring segment in the episode is the community-driven NFT giveaway of the “Badass Yeti” collection. Jeff enthusiastically announces, “Get ready to claim your own legendary blue droid Yeti of the Clown Spirit Walkers.” [19:29] The hosts engage with listeners, encouraging participation by typing specific keywords and managing wallet setups to ensure fair distribution.
Winner Announcement and Interactive Fun
Chip and Jeff showcase their interactive approach by announcing the winner live, exemplifying community involvement. Despite some technical hiccups and playful banter, the segment highlights the podcast’s commitment to fostering a vibrant community.
LinkTo’s Controversies
The hosts express strong criticism towards LinkTo, labeling it as another “bad actor” in the crypto space. Jeff mentions, “LinkTo are just another in a long line of bad actors in the space.” [25:44] They emphasize the importance of due diligence, cautioning listeners to be wary of projects that don’t align with community values or exhibit transparent practices.
Experiences with Bitru and Celsius
Jeff recounts past experiences with crypto platforms like Bitru and Celsius, highlighting the pitfalls of trusting insufficiently vetted projects. He shares, “I decided to steer clear of it altogether,” [24:25] underscoring a lesson learned from previous investments that led to losses.
Regulatory Compliance and Investor Caution
Both hosts stress the necessity for regulatory compliance and investor vigilance. Jeff advises, “They have to represent the Israelis as being at fault. There is no better way of blaming people than accusing them of the very thing they are the victim of.” [54:32] This sentiment reinforces the podcast’s stance on ethical investment and the dangers of manipulative practices within the crypto industry.
Margaret Thatcher’s Warning
The episode revisits a warning attributed to Margaret Thatcher, which serves as a metaphor for current geopolitical struggles. Chip reflects, “These people that were wonder workers, you know, miracle workers inside.” [53:05] The hosts draw parallels between historical political strategies and contemporary issues, suggesting that strong, principled leadership is crucial in navigating complex global landscapes.
Liberal Ideologies Critique
Jeff and Chip delve into a discussion critiquing liberal and progressive ideologies, focusing on perceived hypocrisies and policy inconsistencies. Jeff articulates, “If it felt like it was something that was right, we would endorse it,” [25:44] indicating a strong stance against what they view as morally and ethically flawed agendas within the political sphere.
Canada’s Political Landscape
The hosts touch upon Pierre Poilievre’s messaging in Canada, juxtaposing it with American political rhetoric. They praise his “Canada first” approach, aligning it with values they associate with effective governance and national pride. Chip remarks, “We must work together, fight together and win together. That is what it means to put Canada first.” [72:24] This segment underscores their advocacy for sovereignty and national resilience.
Maple Syrup and Local Products
In a lighter vein, Jeff and Chip discuss and promote local products, such as a bourbon barrel-aged maple syrup from Crown. Jeff shares his culinary experiment, “I put a couple dabs of that in this maple syrup on some gluten-free pancakes. Holy cow, man. It's a whole experience, man.” [77:28] These segments add a personable touch to the podcast, showcasing the hosts' interests beyond cryptocurrency.
Interactive Wallet Demonstrations
The episode includes live demonstrations of transferring NFTs to winners, reinforcing the hands-on nature of the podcast. Chip and Jeff navigate technical aspects in real-time, engaging listeners with practical examples of managing digital assets securely.
Jeff and Chip wrap up the episode by reiterating their commitment to providing unbiased, fact-based content to the global On The Chain community. They encourage listeners to stay informed, exercise due diligence in their investments, and engage actively with the community through interactive segments and giveaways. The hosts sign off with plans for future episodes, maintaining their focus on delivering high-quality cryptocurrency insights without hype.
Notable Quotes:
Jeff on XRP’s growth: “It’s been a massive year for XRP so far. Massive year for crypto, Massive year for freedom.” [00:34]
Chip on Ripple Custody: “Ripple custody. That's all it is, really.” [04:54]
Jeff on Soil Farm: “Soil Farm is pioneering a new era of risk optimized, real-world integrated DeFi lending on the XRP ledger.” [05:38]
Chip on El Salvador’s actions: “Today the first 238 members of the Venezuelan criminal organization Trend Agua arrived in our country.” [46:00]
Jeff on LinkTo: “LinkTo are just another in a long line of bad actors in the space.” [25:44]
Chip on political messaging: “We must work together, fight together and win together. That is what it means to put Canada first.” [72:24]
This comprehensive summary encapsulates the key discussions, insights, and interactions from the episode, providing a clear overview for those who haven't listened to the podcast. The integration of notable quotes with timestamps aids in referencing specific segments of the conversation.