The list of potential guests to accompany Justin Sun to his ‘power lunch’ with investment supremo, Warren Buffett, is growing by the day.
While many in the media are reporting Sun, the 28-year-old founder of 10th-rated cryptocurrency Tron, could invite anyone from former mentor Jack Ma, of Alibaba fame, to his rival VitalikButerin, the founder of Ethereum, another name has been thrown into contention.
Following hot on the heels of comments made by Jerome Powell, US Federal Reserve chairman, who said Facebook’s new Libra ‘cryptocurrency’ posed “serious concerns regarding privacy, money laundering, consumer protection and financial stability,” to traditional banking, US president and social media heavyweight Donald Trump waded into the argument, with a tweetstorm on the problems with crypto and bitcoin.
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity….
— Donald J. Trump (@realDonaldTrump) July 12, 2019
He had tweeted that he was: “not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air”.
Never one to miss an opportunity on Twitter, Sun responded almost immediately, inviting Trump along to his charity fundraiser with Warren Buffett, this July 25.
Mr. President, you are misled by fake news. #Bitcoin & #Blockchain happens to be the best chance for US! I'd love to invite you to have lunch with crypto leaders along with @WarrenBuffett on July 25. I guarantee you after this lunch, nobody will know crypto more than you!
— Justin Sun (@justinsuntron) July 12, 2019
He tweeted: “Mr. President, you are misled by fake news. #Bitcoin & #Blockchain happens to be the best chance for US! I’d love to invite you to have lunch with crypto leaders along with @WarrenBuffett on July 25. I guarantee you after this lunch, nobody will know crypto more than you!”
The comment has so far been retweeted more than 1,550 times and has gained nearly 10,000 likes from his followers.
OKEx at the table too?
If he attends – and who knows – he might, he could find himself sitting next to executives from number one exchange by volume OKEx, or other popular crypto exchanges, who would all be very well placed to help explain the market, the volatility and the sheer opportunity presented by crypto and blockchain.
Something that it appears Buffett, another big “establishment” figure, is finally starting to understand.
He also has a track record of deriding the number one cryptocurrency bitcoin, but is now showing signs, that – with the aid of his advisers – he’s finally starting to get it.
The charity lunch will raise money for Glide. An organization that helps homeless people across San Francisco and surrounding areas to get back on their feet. Since Buffett’s first ‘power lunch’ back in 2000, the event has raised more than $35 million for the charity.