Ripple may be a great blockchain-based tech for banks, but the valuation of its XRP token reflects the unlikely hope it becomes a global reserve cryptocurrency (Kyle Samani/Forbes)

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Kyle Samani / Forbes:
Ripple may be a great blockchain-based tech for banks, but the valuation of its XRP token reflects the unlikely hope it becomes a global reserve cryptocurrency  —  In August, the hedge I cofounded, Multicoin Capital, published an analysis of XRP, the native token of the Ripple network.