• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Bet & win BTC
Breaking News: Crypto Exchange Binance To Launch Prepaid Card In This South American Country
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Bet & win BTC
Bitcoinist.com
No Result
View All Result
Breaking News: Crypto Exchange Binance To Launch Prepaid Card In This South American Country
Warren Buffett
Advertisement

Warren Buffett Will Face ‘All Blockchain Leaders’ At $4.6M Crypto Lunch

Anja van Oosterhout by Anja van Oosterhout
4 years ago
in News, Altcoin News, Altcoins, Bitcoin, News teaser
0
Advertisement

Tron CEO Justin Sun will seek help from “all the leaders” in cryptocurrency when he has lunch with infamous Bitcoin naysayer Warren Buffett.


Sun: Lunch To ‘Bridge Crypto And Traditional Investors’

Speaking to Yahoo! Finance in an interview June 11, Sun, who paid $4.56 million in an annual charity auction to dine with Buffett, said his own project should not form the sole focus of the meeting.

Get 30 FREE SPINS at Punt Casino - NO DEPOSIT REQUIRED! Start Playing Now.

“…We want this lunch to be a bridge between the cryptocurrency community and the traditional investor, so that’s why I will bring all the leaders in the… blockchain industry… to have more communication, which will benefit both sides,” he told the network.

Sun raised eyebrows when he announced his participation in the auction, which was held on eBay, earlier this month.

Justin sun crypto

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

As Bitcoinist reported, his stance within cryptocurrency focuses heavily on publicity for the Tron platform and its associated TRX token, Sun frequently criticizing other extant networks such as altcoin leader Ethereum.

Nevertheless, the event, the date of which remains unknown, will form an interesting occasion when Buffett will be outnumbered at the negotiating table.

The 88-year-old Berkshire Hathaway CEO has delivered uniquely sour verdicts on Bitcoin in recent years, variously describing it as “rat poison squared,” a “gambling device” and “not investing.”

His veteran partner in crime, Berkshire vice chairman Charlie Munger, contributed “turds” and “freshly harvested baby brains” to the mixture.

No ‘Shilling Tron’ to Warren Buffett

Sun knows he will also have his work cut out, voicing doubts about the true potential for anyone to convince Buffett that cryptocurrency is worth gaining exposure to.

“It might be unrealistic in just three hours to convince Warren Buffett to buy cryptocurrencies,” he said in response to a tongue-in-cheek question about using the lunch to “shill Tron.”

We just want to show him the recent progress of… cryptocurrency and… blockchain technology.”

The showdown at least has time on its side: Bitcoin price [coin_price] has rallied once again in recent days to challenge $8000, capping overall six month gains of 136 percent.

Berkshire’s own share price history – up 127,000 percent since 1979 – already pales in comparison to the profits of an original Bitcoin investor. Since its first recorded price in 2009, as of April this year, BTC/USD was up 720 million percent.

Sun meanwhile let slip that his own stash of crypto cash was not involved in paying for the privilege of meeting fiat royalty. The funds instead came from BitTorrent, which Tron acquired last year and which has “nothing to do with” the crypto sector, he noted.

What do you think about the outcome of Justin Sun’s lunch with Warren Buffett? Let us know in the comments below!


Images via Shutterstock

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Anja van Oosterhout

Anja van Oosterhout

Related Posts

Bitcoin Soars In Nigeria As Government Promotes Digital Cash

Bitcoin Soars In Nigeria As Government Promotes Digital Cash

9 hours ago
Bitcoin Crypto

Can The Federal Reserve Counterattack Stop The Crypto Bull Run?

15 hours ago
Floki Inu

Community Votes To Burn 4.97 Trillion Tokens Of Shiba Inu Rival, Floki Inu

17 hours ago
Bitcoin

Bitcoin Bearish Signal: Aged Supply Flows Into Binance

21 hours ago
Bitcoin this week

Bitcoin And Crypto This Week: Here’s What Will Be Important

1 day ago
Bitcoin price

Bitcoin Price Nears $24,000 Mark – Can Bulls Push BTC To $25K This February?

1 day ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Top Casinos

BitStarz
BitStarz
Punt Casino
Punt Casino
mBit
mBit
Metaspins
Metaspins
1xBit
1xBit
Coinplay
Coinplay
K8
K8
Vegas Casino
Vegas Casino

Sportbooks

Coinplay
Coinplay

Press Releases

  • California DMV Puts Car Titles On Tezos (XTZ) Blockchain...

    2 hours ago
  • Bitcoin Cash (BCH) Associates With TREZOR Wallet, Litecoin...

    2 hours ago
  • Avalanche (AVAX) price rally stalls, Polkadot (DOT) was #1...

    2 hours ago
  • Orbeon Protocol And VeChain Seek To Impact The Real World...

    3 hours ago
  • Meta Masters Guild Presale Raises Over $2m Ahead of Stage 5...

    5 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Bet & win BTC

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.