Legendary investor, Berkshire Hathaway CEO and cryptoskeptic Warren Buffett is the new owner of a Bitcoin. The world’s leading cryptocurrency was given to Buffett by Justin Sun, founder of the multi-billion dollar decentralized blockchain platform Tron.
Since adopting the Bitcoin during a dinner with Tron’s crypto leader, Buffett’s BTC has risen 16%, according to Sun. Buffett also accepted a gift from 1,930,830 TRX, Tron’s native cryptocurrency. TRX is currently trading at $ 0.022, up 12.5% over the past 24 hours. Bitcoin is trading at $ 9,774, up 2.3%, according to data tracker CoinMarketCap.
Sun tells its two million Twitter followers:
“Warren Buffett received his first bitcoin! This lucky bitcoin is kept safe in its Samsung Galaxy Fold. Since I gave him this bitcoin, BTC has increased 16%! Hope it goes on moon! Check his address. “
Amazing dinner with @WarrenBuffett finally! Thank you for your support and advice on how to take #TRON to the next level! Loved our talk on #Bitcoin, @Tesla & #TRON! I am happy to support @GLIDEsf too! CU at # BRK2020 & our reunion dinner in 2030! Details below 👇 pic.twitter.com/tjulvv2C9k
– Justin Sun (@justinsuntron) February 6, 2020
Sun won lunch with Buffett last year after bidding $ 4.6 million at Buffett’s annual charity auction to help Glide, the Bay Area Outreach Foundation, which provides vital resources to the homeless. Sun attended Buffett’s date along with a group of influential crypto leaders including Charlie Lee, creator of Litecoin; Yoni Assia, the founder of eToro; and Helen Hai, the head of Binance’s Blockchain Charity Foundation.
The long-awaited appointment, which was initially postponed, finally took place on January 23, according to the restaurant receipt published by Sun. After discussing investment strategies, how to follow value, what to make of Tesla, Bitcoin, blockchain, and the emergence of new forms of money, Sun says the millions he spent on the $ 515 meal were worth it .
In addition to being able to absorb wisdom and investing advice from Buffett, Sun believes he has helped shed light on Bitcoin and Tron and clarified how emerging blockchain platforms will transform businesses in multiple sectors.
“I showed Mr. Buffett my collaboration with Samsung Mobile on the Fold [app] and how to transfer TRX from one to the other. I transferred 45.67888 TRX based on the auction bid and Mr. Buffett was impressed with the speed of TRON! Review the transaction. “
According to Sun, Buffett also has more than a few opinions of his own about Bitcoin and blockchain.
“Warren Buffett believes blockchain has great potential and many of his portfolio companies like JP Morgan are exploring it. He is excited to see how blockchain will develop in the payments industry over the next 10 years. I have a lot of work in store for me …
Warren Buffett believes that Bitcoin still needs a lot of work to capture the value of the blockchain. I told Mr. Buffett Bitcoin is the currency for the next generation, Mr. Buffett smiled and said, “I’m sure my grandson would prefer to inherit my fortune in USD.” LOL! “
Buffett and Sun plan to meet again in 2030.
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