Odaily Frontline | About to have lunch, can Sun Yuchen convince Buffett to invest in cryptocurrency?

avatar
余YU
5 years ago
This article is approximately 704 words,and reading the entire article takes about 1 minutes
Sun Yuchen said that it may not be possible to convince Buffett that all cryptocurrencies and blockchains are good, but he hopes that he will learn more about the industry and its potential.

This article comes fromForbes, by Luke Fitzpatrick

This article comes from

Odaily Frontline | About to have lunch, can Sun Yuchen convince Buffett to invest in cryptocurrency?

Forbes

Forbes

, by Luke Fitzpatrick

Odaily Translator |

On May 31, 2019, Berkshire Hathaway Chairman and CEO Warren Buffett held a charity auction for GLIDE. Participants at the charity event bid on the chance to have lunch with Buffett. Proceeds from the auction will be donated to the GLIDE Foundation, a charity that helps the homeless.

In this auction, TRON founder Justin Sun successfully bid for Buffetts lunch with a record-breaking $4,567,888. Justin Sun is also the CEO of BitTorrent, which acquired the platform last May for $140 million.

In this regard, Forbes reporter Luke Fitzpatrick interviewed Sun Yuchen, the main content is as follows:

Luke Fitzpatrick (Reporter): Why do you want to meet Warren Buffett?

Justin Sun: First of all, meeting Warren Buffett is one of the best opportunities to introduce cryptocurrency and blockchain to a large group of people. Those who have heard or will hear about the lunch may want to learn more about the industry. I also want to build a bridge between the blockchain community and institutional investors. Knowledge transfer between the two groups helps both parties.

Reporter: What do you hope to achieve from the meeting?

Justin Sun: I can sit down with one of the most accomplished American businessmen in history (Buffett), and I can talk to him about his long-term value investing strategy, and I can also discuss the great potential of the blockchain. I think lunch is going to be a great moment for almost everyone there. I dont think we can convince him that all cryptocurrencies and blockchains are good, but I hope he leaves (at the end of the lunch) with more knowledge of the industry and its potential.

Reporter: Do you have any proposed discussion topics?

Justin Sun: I think well see where the conversation goes. Obviously, were going to talk about blockchain, were going to talk about Tron and BitTorrent, and were going to talk about Buffetts thoughts on where the global economy is headed. I hope everything else will come naturally.

Reporter: Would you try to convince Warren Buffett to invest in cryptocurrencies?

Justin Sun: Im not sure how much I could convince him in three hours or less. Ill point him to recent moves by other big companies to embrace cryptocurrencies. JP Morgan, IBM, and now Facebook have all entered this market based on their promise of borderless commerce and distributed finance.

Reporter: If Warren Buffett invests in cryptocurrencies...

Justin Sun: I think this will be another piece of evidence for the industry and a shot in the arm. Ultimately, we will experience a long-term boom or bust depending on what use cases we can create that resonate with a broad audience.

Odaily Frontline | About to have lunch, can Sun Yuchen convince Buffett to invest in cryptocurrency?

Justin Sun: I try to tell the community often (some say too much) what we are doing. We are launching BitTorrent Speed. We are still delivering a great experience for BitTorrent Live and working on building a stronger, faster, and more reliable TRON blockchain platform. We hope to announce some partnerships soon. stay tuned.TwitterAccording to Odaily’s previous report, Sun Yuchen said in an interview with the media that I might make a small request during the luncheon, that is, I hope to install the first digital currency wallet for Buffett on his mobile phone, and then I will I hope that I can give him some Tron currency. It is possible that this Tron currency will become the first virtual currency in Buffetts life. I want to teach Buffett how we send and receive virtual currencies, and what kind of applications can be accomplished with these virtual currencies in a decentralized world.

Odaily Frontline | About to have lunch, can Sun Yuchen convince Buffett to invest in cryptocurrency?

Afterwards, between coming and going (Sina Weibo CEO Wang Gaofei) said on Weibo, Isnt Buffett using a Samsung flip phone that is not smart? It cant install apps. In this regard, Sun Yuchen said on Weibo, I bring a Huawei phone.In contrast, the idea of ​​Litecoin founder Li Qiwei seems to be simpler. He had previously discussed the matter of attending Buffetts lunch inTwitter

Odaily Frontline | About to have lunch, can Sun Yuchen convince Buffett to invest in cryptocurrency?

Reply to netizens: I will not try to persuade Buffett to use cryptocurrencies. I think hes made up his mind, which is fine.However, where there are hot spots, there is Sun Yuchen. On July 12, Beijing time, US President TrumpAccording to Justin Sun

Related Reading:

previous tweets

secondary title

This article is translated from https://www.forbes.com/sites/lukefitzpatrick/2019/07/14/tron-qa-with-justin-sun-on-meeting-warren-buffett/#48808d554925Original linkIf reprinted, please indicate the source.

ODAILY reminds readers to establish correct monetary and investment concepts, rationally view blockchain, and effectively improve risk awareness; We can actively report and report any illegal or criminal clues discovered to relevant departments.

Recommended Reading
Editor’s Picks