Charity Luncheon on Hold
In a recent live stream on September 24, Tron’s founder and CEO Justin Sun revealed his intent to reschedule the much-anticipated charity lunch with Warren Buffett, the chairman of Berkshire Hathaway. Originally secured through a jaw-dropping auction bid of $4,567,888, this lunch would have marked a monumental moment for crypto enthusiasts—if only Sun hadn’t had to postpone due to health issues.
A Record-Breaking Bid
Sun’s winning bid set a record for the charity auction that has been running for two decades. Just imagine shelling out nearly $4.6 million for a lunch! It’s like buying a mansion but instead opting for a meal. Our founder of Tron had lined up some impressive guests to join him, including the CEO of Circle, Jeremy Allaire, and Litecoin creator Charlie Lee.
Trump’s Invitation: A Crypto Challenge
To spice things up, Sun took his lunch planning a step further by extending a nifty invite to none other than President Donald Trump. After the president expressed his skepticism about cryptocurrency, Sun tweeted:
“Mr. President, you are misled by fake news. #Bitcoin & #Blockchain happen to be the best chance for the US! I’d love to invite you to have lunch with crypto leaders along with @WarrenBuffett on July 25. I guarantee you, after this lunch, nobody will know crypto more than you!”
Alas, there’s been no response from the Oval Office—maybe because they were too busy managing national affairs or just contemplating lunch options at the White House.
Buffett’s Crypto Reservations
Warren Buffett—a man known for his wise (but occasionally grouchy) financial advice—is no fan of cryptocurrencies. Ever since dubbing Bitcoin as “probably rat poison squared” back in 2018, he hasn’t toned down his critique. This year, he further dismissed cryptocurrencies saying:
“It [Bitcoin] doesn’t do anything. It just sits there. It’s like a seashell or something, and that is not an investment to me.”
It seems like Buffett views cryptocurrencies as distant cousins that never visit for family reunions.
The Future of Crypto Meets Traditional Investing
The potential pairing of Sun and Buffett represents a significant crossroads where the new world of cryptocurrency might rub shoulders with classical investment strategies. Whether or not the lunch happens, it does raise a pertinent question: can these two ideologies indeed dine together in harmony?
Conclusion: Awaiting Updates
As we eagerly await an update on the rescheduling of this high-profile lunch, one can only hope that discussions—if they do take place—lead to more understanding between the old guard of investing and the progressive wave of cryptocurrency.
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