As we are already known to the high-profile nature of the upcoming lunch of Justin Sun with Warren Buffett, it might be our first thought that he would play his cards close to the vest. Well, Justin Sun has recently announced on social media about “three-Michelin starred restaurant in…historic Jackson Square” on 25th July worth of $4.5 million meal, in the Quince of San Francisco. You must be thinking that this is a really high amount for lunch, but if you ask Sun, it is totally free and priceless. In a blog post, Sun said, “After narrowing the choices to three, I ultimately chose Quince because its food represents the traditional and the upstart — much like the participants in the lunch itself.”
Along with the lunch, Justin Sun has also called a press conference to be taken place before and after lunch. But Buffett will be there till morning press conference only whereas Sun will attend both. Quince has agreed to put the favorite drink, Cherry coke of Warren Buffett on the menu. It could help the billionaire to stay warm and feel like a home. As we all know about the Bitcoin’s roller coaster ride, there is a lot to talk about it for Sun and Buffett. Probably we may think about the subtopics they going to talk about are about Bitcoin’s surge in price that may result in an argument for Buffett that how Bitcoin has turned into a “gambling device.”
What needed to be discussed in the lunch? Why Sun is so curious to have a meal with Buffett? Well with such a volatile biggest cryptocurrency, Bitcoin, there is a lot to discuss and a lot of mystery to unwrap. As we know that Buffett is a long term investor and is not a trader, so it will be easy for Sun to explain him things and take him into his discussion. The only thing that is needed to be taken into count in order to explain with clarity to Buffett is Bitcoin as a payment method, because there it may get tricky.
For the time being, it will not be easy to sell the store of Bitcoin to Buffett as he does not consider gold either. It’s just stocked for him. But he may go into the favor of stocks when it is about higher returns when the investment is done, and Bitcoin may win in this case. Well, you must be thinking that what is the strategy of Sun that will be going to work with Buffett? Justin Sun has revealed his strategy which consists of mainly these three parts.
- He may start his discussion with the fact that some of the biggest companies in the world like Facebook, JPMorgan, and IBM, each have their own cryptocurrency and blockchain projects. Facebook has always been a good example as many can easily be related to social media easily, even if he is Warren Buffett.
- Secondly, he can give the example of his own projects, Tron and BitTorrent. Sun said, “I’ll talk to Buffett and other attendees about how we’re integrating blockchain into BitTorrent, with its 100 million monthly active users and what we’re doing to expand and nurture the TRON blockchain.” It’s just that Sun needs to stay away from being too technical with the known Luddite; it may increase his chance to convince Buffett.
- Lastly, it is about the meal. Sun said, “Lastly, I’m looking forward to a great meal!” Sun will be going to invite seven guests for this lunch. One among the seven is the creator of Litecoin, Charlie Lee, as announced by Justin Sun.