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Justin Sun, Tron founder and CEO of the BitTorrent peer-to-peer file sharing protocol revealed through tweet that he placed a record $ 4.57 million offer for lunch with crypto-skeptic Warren Buffett at the annual "Oracle of Omaha" charity auction for the Glide Foundation.
Sun, 28, will meet Buffett at Smith & Wollensky in Manhattan and announce that he will invite seven crypto-industry leaders to join them.
"I am a supporter of Buffett and his long-term investment strategy" (and certainly a big supporter), "Sun wrote in an article Medium post.
Before launching Tron in 2017, with an ICO that had brought in about $ 70 million, Sun had been one of the earliest investors in Tesla and Bitcoin, while earning a master's degree at the University of Pennsylvania in 2013. His latest venture, Peiwo, is a foray into social media with a vine-like application that connects users via 10-second audio samples.
"As some of you may know, Berkshire Hathaway's CEO has stated publicly that he sees no" single value "in Bitcoin, the world's largest cryptocurrency," he said. Sun, "but he pointed to the blockchain's potential behind any cryptocurrency, and I see the upcoming lunch with Buffett as an opportunity to seek mutual understanding and growth."
Buffett has criticized cryptocurrency in the past – calling him at one point "rat poison", and more recently, at his annual meeting of shareholders, saying: bet on bitcoin It's like wagering on zero or double zero on a roulette wheel in Las Vegas.
In a statement provided by his assistant, Buffett said, "I'm delighted that Justin has won lunch and I'm looking forward to meeting him and his friends. We will have a good time and Glide will use its contribution to help thousands of people. "
The billionaire CEO of Berkshire Hathaway has been organizing this auction since 2000 and has raised more than $ 32 million for the Glide Foundation, which serves the homeless and addicted population in San Francisco.
Last year's winning bid was $ 3.3 million.
Image via the Coindesk archive
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