Convincing Warren Buffett to buy cryptocurrency in Only 3 hours is unrealistic, admits Tron’s Justin Sun
Justin Sun, Tron Creator and BitTorrent CEO, won a bid to legendary investor Warren Buffett’s charity dinner to the Glide Foundation. Shortly after the news broke , the crypto-community was left wondering if the massive amount of cash was worth it, believing Buffett’s blatant aggression towards digital money as well as the asset area.
But, Sun ignored these concerns. In a current interview using Yahoo Finance, Sun praised Buffett’s business plans and said,
“I’ve been a believer of long-time worth approaches and I make a Lot of Money from these approaches, so this really is similar to a payback for Warren Buffett”
Justin Sun expects this lunch is going to be a bridge between the cryptocurrency neighborhood and conventional investors. But, Sun admitted it could be”unrealistic” to convince Warren Buffett to purchase cryptocurrency in only 3 hours.
The bigger image, according to Sun, isn’t nearly Tron, but about the whole cryptocurrency ecosystem and blockchain technology. He further disclosed that he wishes to reveal Buffett that the cryptospace’s recent advancements and applications.
Sun had formerly referred to as the lunch”a exceptional opportunity” to describe the capacity of this ecosystem, which remains in its formative years, to Warren Buffett and the entire world.
Sun paid $4. 56 million to the charity supper, together with the earnings generated via advertisements from the San Francisco-based BitTorrent’s customers that will be a communication protocol for peer reviewed file sharing. It doesn’t have anything to do with cryptocurrency, the 29-year old crypto tycoon said.
Buffett has acknowledged the usefulness of the inherent blockchain technology. But he has not been really appreciative of Bitcoin, the electronic money built on the stated technology. He’d stated,
“it is a gaming device…there has been a whole lot of frauds associated with that. There has been disappearances, therefore there is a lot missing on it”