Friday, November 15, 2019

Crypto-king pays $4.5M to have lunch with crypto-doubter Warren Buffett

Crypto-king pays $4.5M to have lunch with crypto-doubter Warren Buffett Crypto-king pays $4.5M to have lunch with crypto-doubter Warren Buffett Cryptocurrency king, founder of blockchain platform Tron, and CEO of BitTorrent Justin Sun paid $4.5 million in an eBay charity auction to have lunch with Berkshire Hathaway CEO, and billionaire philanthropist, Warren Buffett, reports the  Wall Street Journal.The lunch conversation is sure to be interesting considering Buffett’s views on all things crypto; he referred to it last year as “probably rat poison squared,” telling CNBC that it was “creating nothing” and warning his investors not to invest in crypto. But he didn’t stop there; Buffett has also called Bitcoin “a mirage” and predicted that cryptocurrency will “come to a bad ending.”Sun is definitely looking to changed Buffett’s mind, per his recent Tweet:The lunch will take place in the steakhouse Smith and Wollensky in New York, reports the Journal, and Sun will be able to bring along some friends.It was a record bid for the annual auction to have lunch with Buffett; proceeds went to the GLIDE Foundation , a San Francisco organization which provides services to the area’s homeless, poor, and marginalized.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.