He does have a point. I can understand that Bitcoin and Ethereum have value, but I have a hard time understanding why Ripple (XRP) has the value it has. The way

He does have a point. I can understand that Bitcoin and Ethereum have value, but I have a hard time understanding why Ripple (XRP) has the value it has. The way I understand it: - Ripple offers blockchain software aimed at banks, who use it for transaction settlement. These banks will use a private blockchain, obviously, that is separate from XRP. - XRP are pre-mined. Ripple investors and team owned all 100B of them at the start. They can sell them off slowly, as long as there is enough demand at the current price they'll all be billionaires. I think Ripple have two good things going, but buying XRP seems like too good a deal for them, not so much for the buyer.