Damodaran on cryptocurrencies

xrp crypto is diff than the company selling the technology

Your statement is fact. But are you insinuating their direction isn’t positively correlated? You could probably sell me on the possibility that is true, however I maintain the view it’s not going to be probable over the next 3-5 years. My belief is, as goes ripple labs, so goes XRP.

Ive heard arguments against this. If you share that sentiment, I’d be curious to hear why.

i dont have a view was just clarifying the dif between both.

i like XRP the company a lot. no thoughts on the crypto.

looks cheap at 20c?

I’ve listened to their ceo and founder speak and I’m honestly sold.

20c and you can’t mine it, billions of it in escrow. Some crypto traders will say it’s garbage but they are just salty they didn’t buy it at a penny a couple years ago. 20x isn’t bad for a 3 year ROI :slight_smile: