Anthony Pompliano, host of the “Off the Chain” podcast and co-founder of Morgan Creek Capital, said he would not buy XRP when asked in an interview with CNN’s Julia Chatterley. Pomp set Bitcoin apart from other blockchain projects and said XRP has nothing driving value that he could point to.
Pomp Shows No Love For Ripple’s XRP
— Julia Chatterley (@jchatterleyCNN) February 25, 2020
Anthony Pompliano, co-founder of Morgan Creek Digital Assets and host of Off the Chain, spoke to CNN’s Julia Chatterley today, and pulled no punches when the anchor asked if he’d ever consider buying XRP or TRX.
Pomp flatly said no, without hesitation, to both crypto-assets and set Bitcoin apart from all other blockchain projects. He stated that he simply didn’t believe that they held the same value proposition as Bitcoin.
No, because I ultimately don’t think that they have the same value that these other assets have. My belief is that stocks – what gives them value? – GDP, revenue, profits etc. Everything that makes those valuable, that doesn’t change. You’re just changing the technology form factor of which you will buy that asset.
All of these other assets that are ‘utility tokens’, either they’re utility in terms that they give you access to something so they’re not really an investment, or its more I get utility or some [better] service in exchange
Pompliano went on to explain that XRP,