Justin Sun to Discuss Positives Of Cryptocurrency with Warren Buffet Over Lunch

Must Read

Stellar Lumens (XLM) Price Analysis: Bears Enforced XLM Price To Reach Support Level Of $0.060

Stellar Price is suffering major price corrections due to the overall downtrend in the cryptomarket.  Currently, it is facing...

Ethereum (ETH) Price Analysis: ETH Again Fails In Sustainability at $200

The bears are showing no mercy for ether price as it is reaching the crucial level of $198 ...

Ethereum Classic Claims to be the Only Secured PoW Smart Contracts Platform

Ethereum Classic (ETC) is a decentralized blockchain platform. It is a hard fork of Ethereum that lets anyone...
IMG_20190610_132229_280
Parth Vig
Parth Vig is a Management student, and a keen observer of Cryptocurrency and blockchain technology, his interest in writing brings him to thecoinrepublic.com, He believes that he has many ideas that he pens down and he feels it would be a great asset for any kind of creative writing.

Justin Sun, the co-founder and CEO of the cryptocurrency project Tron has won himself a chance to have lunch with one of the most famous rich people of all time, Warren Buffet. This chance was earned by him as he bid the highest amount at the US $4.56 million at the annual eBay charity auction. He won this opportunity to build trust of cryptocurrency among Warren Buffet who is sceptical of it.

Background of Tron and Justin Sun

Tron is one of the most controversial cryptocurrencies out there. Tron being a major player in the market doesn’t help either. Tron TRX is often used to sports gambling and some other illegal activities. Justin Sun, on the other hand, is also the CEO of a Chinese social media platform called Peiwo, which deals with voice recognition. And of course, the platform that he runs has been controversial as well. Also, quite recently Sun was reprimanded by the community for announcing and then cancelling a Tesla giveaway online.

Also, Sun is known for his overenthusiastic attitude. He has many times blown things out of proportion for the purpose of promotion and has been heavily criticized for it.

Sun’s Ambition To Change Buffet’s Mind

Warren Buffet had once called a cryptocurrency a “gambling device” with “a lot of fraud” and also he went as far as saying that investing in crypto in not investing at all. Justin Sun will attempt to change the Buffet’s mind. Justin Sun said to Yahoo finance that he wants to bridge the gap between the traditional investor and the crypto community.

Changing Buffet’s mind will be a daunting task and doing it over lunch, for bringing such a change in mindset in a very short amount of time is almost impossible. If cryptocurrency needs to be sold to Buffet, I personally think Sun isn’t the best candidate to do so.

Advertisement

Advertisement


Hot News

Stellar Lumens (XLM) Price Analysis: Bears Enforced XLM Price To Reach Support Level Of $0.060

Stellar Price is suffering major price corrections due to the overall downtrend in the cryptomarket.  Currently, it is facing an overall loss of -1.78%.  ...

Ethereum (ETH) Price Analysis: ETH Again Fails In Sustainability at $200

The bears are showing no mercy for ether price as it is reaching the crucial level of $198 It is also facing significant...

Ethereum Classic Claims to be the Only Secured PoW Smart Contracts Platform

Ethereum Classic (ETC) is a decentralized blockchain platform. It is a hard fork of Ethereum that lets anyone create and use Dapps. In...

Biki Launched World’s First TRX OTC Trading Area For Tron

Digital currency trading service Biki has unveiled the world's first TRX OTC trading. The availability of the altcoin is in partnership with...

Ripple XRP Price Analysis: XRP Held On Support Level Of $0.19 After Heavy Downfall 

Ripple is finally showing sustainability at the support level of $0.19  The heavy downfall faced by ripple after touching the resistance area of...

Argentina Launches Investigation Into Country’s Crypto-Trading

Argentina’s Financial Information Unit has announced that it is launching an investigation into cryptocurrency trading. Monitoring transactions and identifying money laundering and terrorist...

Partners

Ethereum (ETH) Price Analysis: ETH Again Fails In Sustainability at $200

The bears are showing no mercy for ether price as it is reaching the crucial level of $198 It is also facing significant...

Ethereum Classic Claims to be the Only Secured PoW Smart Contracts Platform

Ethereum Classic (ETC) is a decentralized blockchain platform. It is a hard fork of Ethereum that lets anyone create and use Dapps. In...

Biki Launched World’s First TRX OTC Trading Area For Tron

Digital currency trading service Biki has unveiled the world's first TRX OTC trading. The availability of the altcoin is in partnership with...

Ripple XRP Price Analysis: XRP Held On Support Level Of $0.19 After Heavy Downfall 

Ripple is finally showing sustainability at the support level of $0.19  The heavy downfall faced by ripple after touching the resistance area of...

RELATED NEWS

Stellar Lumens (XLM) Price Analysis: Bears Enforced XLM Price...

Stellar Price is suffering major price corrections due to the overall downtrend in the...

Ethereum (ETH) Price Analysis: ETH Again Fails In Sustainability...

The bears are showing no mercy for ether price as it is reaching...

Ethereum Classic Claims to be the Only Secured PoW...

Ethereum Classic (ETC) is a decentralized blockchain platform. It is a hard fork...