Justin Sun Says Warren Buffett Has Been ‘Misled’ on Crypto & Blockchain

Justin Sun's motivation for paying more than $4.5 million for lunch with Warren Buffett includes being the billionaire's source of blockchain information. | Source:  (i) REUTERS / Kevin Lamarque / File Photo (ii) Tron Foundation/YouTube (iii) Shutterstock; Edited by CCN
Justin Sun's motivation for paying more than $4.5 million for lunch with Warren Buffett includes being the billionaire's source of blockchain information. | Source: (i) REUTERS / Kevin Lamarque / File Photo (ii) Tron Foundation/YouTube (iii) Shutterstock; Edited by CCN

By CCN: Tron Founder Justin Sun rocked Wall Street when he made the winning bid for the coveted lunch with billionaire investor Warren Buffett. In one fell swoop, he was able not only to capture the attention of bitcoin-hater Buffett but also CNBC’s Becky Quick, who until now has echoed the sentiment of her golden goose guest.

Now Sun is in the driver’s seat, and he has plenty to say about why he made the famous $4.57 million bid, which was too rich for the blood of other auction bidders. Sun was interviewed by Quick on CNBC’s Squawk Box, where he explained his three-pronged strategy for doling out millions for an audience with Buffett, the latter of which was:

“I want to become the bridge between the institutional investor and also financial institutions [and] traditional investors like Warren Buffett between the crypto community and also blockchain.”

 

That’s a tall order over a three-hour lunch considering the Berkshire Hathaway CEO has spewed nothing but vile rhetoric about bitcoin and the crypto space. Buffett will be outnumbered, as Sun expressed a desire to bring seven blockchain leaders with him to the steak lunch. They plan to “communicate with Warren Buffett about blockchain technology and the opportunity behind it.” Buffett is infamous in the blockchain ecosystem for calling bitcoin “rat poison squared,” but if you ask Justin Sun, it’s not the billionaire’s fault.

“I’m thinking Warren Buffett just doesn’t have the right source for the blockchain industry news and he is misled by the media most of the time. So that’s why we want to have lunch with him, communicate with him – in these 10 years, since 2009, how much progress we have made.”

Read the full story on CCN.com.

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