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Is XRP a Good Investment? Yes and No, Says Ripple’s Josh Lin

Josh Lin, a senior talent sourcer at Ripple, says it’s unclear whether Ripple’s efforts to boost the XRP ecosystem will boost the price of the third-largest cryptocurrency.

In a new Quora response, Lin approaches a direct question on whether XRP is a good investment by drawing a line.

He begins,

“Yes and no. Let me explain.”

Lin says he’s confident in his team at Ripple, as well as the legitimacy the company is bringing to the cryptocurrency XRP.

But he’s less certain whether those moves will actually impact the crypto market.

“Ripple is driving more utility and volume to the XRP ecosystem, which in theory, should increase the intrinsic value of XRP. But whether the bid/ask price will reflect that… I have no idea.”

Lin is also unsure about the future of the regulatory environment surrounding Ripple’s native currency.

“There is still uncertainty of whether the SEC will rule XRP to be a security of Ripple (as of when I’m writing this anyway). Because the crypto sector is still nascent, there are a lot of regulatory uncertainties.”

Ripple is currently facing lawsuits alleging the company illegally sold XRP as an unregistered security, breaching US securities law. Ripple, however, say XRP is an independent asset and cannot be a security because investors are not shareholders in the company.

Lin says he allocates a small amount of capital that “doesn’t keep [him] up at night” to five different crypto assets.

He allocates the other 95% of his portfolio to investment opportunities that he says currently offer a better risk/reward profile.

“There are more asymmetric opportunities in the world today aside from crypto. These are opportunities that yield 5 – 10x+ returns, and they currently offer better risk/reward profiles (uranium, anyone?) than crypto, since the crypto market is still so nascent.” 

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