What is going on Patriots? This is Tate Brown here holding it down. We are live once again from the great Rumble studios and it is fitting as we are a part of the Rumble lineup for today. We're taking you into the afternoon of the Rumble morning lineup and we have a fantastic show for you today. We're switching it up today. We're switching up our style. You know, usually we go news into the interview, but I figured, you know what, it's a new year. I think it's a new me. We should switch up the style. And beyond just switching up from a digital interview, we brought in a live guest. So, obviously, if you've seen the news, if you've been keeping an eye on Twitter, you've seen the launch of the new Rumble wallet and it's really some exciting stuff. I've been poking around with it all day and it is a paradigm changer, quite frankly. There's no question about it. So, I was sitting back and I was like, who should we bring on to talk about the Rumble wallet? Thankfully, seeing as we are at Rumble Studios, we ran a Maduro style raid up to Chris Pavlovski's office and we got him down here and we're going to sit him down and we're going to interview and he is joining us today. So, Chris, how's it going?
Great. Thanks for having me. Glad to be here.
Yeah, dude. This is exciting stuff. So, I am kind of an idiot. There's no question about that. So, I'm seeing Rumble Wallet and it's really exciting stuff, but can you explain to me specifically how this works? Like I'm 5 years old.
Yeah, so we this morning we announced that we went live with the Rumble wallet. We've been testing it for about a month. Well, we've been testing it for many months, but to the broader public about a month and the whole idea behind the Rumble wallet is basically to give you an uncancellable, an untouchable, basically wallet that is completely yours and only yours. It's a crypto wallet that allows anybody to buy, hold or tip creators with Bitcoin, Tether and Tether Gold. So it's the first of its kind. I don't think there is a platform of our size. There is no platform of our size that is allowing people to send crypto to creators in an ecosystem like that. And so yeah, it's a first of its kind and I believe that it's here to change the creator economy completely.
So you can now as a creator receive Bitcoin without any fees from the platforms. You'll get fees from like you know the gas fees that Bitcoin has when you move Bitcoin there. There's all these like tiny fees that are negligible. But like if someone sends you one Bitcoin, you're getting nearly one Bitcoin in your Rumble wallet. So, yeah, without any interference from anybody. And being that it's a non-custodial wallet, I can't touch that at Rumble. If you lose your password and you can't like I can't help you. This is like your wallet, your money. I have no control. I can't touch it. And I think that's a big thing. At Rumble, we've been about free speech with our Rumble video platform. We've been protecting freedom of expression to the best ability that we can. And now we want to broaden that ecosystem to be freedom across multiple buckets. Whether it's video and media allowing you to say whatever you want to say. Not telling you what you can or cannot say. Whether it's cloud allowing you to build on top of something that's not going to be cancelled for arbitrary reasons like we saw with Parlor. And now it's the Rumble wallet. It's digital freedom. It's digital financial freedom. You now have a wallet that I can't touch. I can't go into, I can't move your money, freeze your money, hold your money. It's money that, you know, if someone wants to give you money, they can give you money and I can't impede on that transaction. It's completely on the blockchain and it's completely decentralized and it's something that is completely yours. So I think we're building this massive broad ecosystem with Tether, you know, those three buckets and we're going to keep adding buckets of freedom, whether it's AI and allowing you to control your AI and, you know, molding your AI the way you want to do, whether we get into browsers and all these other parts of the ecosystem, that's the future. But we're building an entirely freedom first ecosystem.
It's brilliant. I mean, the thing that jumps out to me is the no fees cuz like when I've dealt with crypto, I mean, you're getting rinsed and who knows where that's going.
Yeah. So, there's if you want to like buy crypto, there's going to be fees if you're bringing it in from a credit card or a debit card. If you want to buy crypto, the part where Rumble, when I say no fees, it's the no fee from the user once they have their own crypto. Now, you don't need maybe you don't need to buy crypto. Maybe you have a lot already and you're sending one bitcoin to Timcast or you're sending one bitcoin to whoever it may be. There's only the fees of the gas fees, the fees that are associated to moving bitcoin that we all see and we all hear about which are you know pennies if not less than pennies at times. So, it's revolutionary for the creator economy and it's real time. You don't have to wait for me to pay you out. Like someone in the chat can send you money. And it will show up in your chat and it'll show up in your wallet in real time. Now, Bitcoin takes a little longer. It takes like 20 minutes. I had to send some, you know, as a test. I sent some to this channel. Oh, we already got someone in the chat just sent $5 of US Tether. All right. So that's already you're already seeing it come in. I had to send I sent Bitcoin when this started. So about 5 minutes ago, I sent some Bitcoin to the Timcast channel. And with Bitcoin because it's on the Bitcoin network, it takes a little bit longer. You'll see it'll take about 10 to 20 minutes to verify and post. If it's Tether or Tether Gold, I'll do it in real time while we're here. It'll be like lightning fast. So, it's the first of its kind. Usually, when you get a super chat on YouTube, YouTube's got to get the money, verify it, wait to pay you out, send you a check, you know, every 30 days or whatever the payment terms are at the time. So, with this, it's instantaneous. And the best part is it's multiple different currencies. You have multiple different crypto assets. You have Bitcoin which you can receive, Tether which is tied to the US dollar and you have XAT which is the gold stable coin.
That's I think outside of Bitcoin in terms of stable coins, my favorite is the XAT. Bitcoin obviously is what I hold most of, but XAT is really exciting and we can talk about what that is because I think that's a game changer in itself, that stable coin.
Yeah. I mean this is exciting stuff. I mean what's sort of your long-term vision for this project because I mean this just launched and it's already kind of a paradigm changer but you know what sort of gaps do you see this really filling? What sort of needs you see this filling especially for you know Rumble viewers?
Yeah. So, I see like big tech having complete control of everything. They're biased. They're censorious. They have all this control. What we're trying to do at Rumble is do the opposite of that. We don't want to be biased. We don't want to have control on the creator or the user. We're definitely not going to be censorious. So, we want to give the power back to the user and back to the creator. We want to step away from what you should own and what should be yours, your own content, your own speech, your own finance, and we just want to be the utility that runs underneath that. We want to be the resources. We want to be the cloud for you. We want to be the platform for you. We want to be the apps for you. We want to be all the utilities and we think that's enough. That's a good business in itself. We think a freedom first business across all points of the ecosystem is better than a controlled style business that Google has or you know the large tech companies have. We think that as we move in the future 10 years from now that's going to be something that's going to be desired by most of the world and we're already seeing that Rumble's big because of that. So like we're already seeing that people want to be able to say what they want to say. They don't want someone coming in and telling them what they can or cannot say. So, yeah, that's where we're going. I think we're getting some rants coming in and some tips coming in from the wallet. I'm going to take a look.
I'm going to I think it'd be cool to send one on the fly here. So, yeah. See the versatility.
I mean, yeah, because that's the thing with the big tech. I mean, this is a conversation that's been had for years, but it really is disturbing how we're used to the fact that these big tech companies who are sort of arbiters for the public conversation in many ways are quite open that they have an agenda and it's an agenda that's completely out of step. Probably more than just half the country. I would say the majority of the country has an appetite for freedom. I mean, that's like a very low bar. And you know, we've been hearing about it for so many years now where I think some people are kind of used to the fact that we have these massive massive billion dollar corporations that quite literally openly have an agenda. And it's just something that people need to like wrap their head around. It's like we don't have to live this way. This is optional. Like you don't need to participate in this racket quite frankly. And that's what's so why Rumble's obviously, you know, tapped a nerve, but it's just kind of oxygen in a way where you guys aren't interested in like meddling in people's business. You just want to provide them a platform. Like it's a very simple presentation, but it's so offensive to this again this big tech consensus, which is no, we're going to steer the conversation in the correct direction because we have this overarching agenda, so to speak. But that's what's so exciting now with the wallets. I mean, there's obviously a huge gap, I mean, for this. I mean, the appetite's going to be insane. I mean, we're already seeing people mixing it up in chat. You had mentioned the gold-backed crypto. What is sort of the relationship between Bitcoin and gold? Because I'm obviously a bit more familiar with sort of silver and gold and we've seen the prices on the rise. What is the relationship between that and Bitcoin? Because for a lot of people, Bitcoin is this invisible thing. It's quite anxiety-inducing to some regard because you can't hold it and it's not necessarily something you can just evaluate with your eyes and hands.
