With lunch coming up, can Justin Sun convince Buffett to invest in cryptocurrency?

On May 31, 2019, Berkshire Hathaway Chairman and CEO Warren Buffett hosted a charity auction for GLIDE. Participants in the charity event bid for the opportunity to have lunch with Buffett. The proceeds from the auction will be donated to the GLIDE Foundation, a charity that helps the homeless.

In this auction, TRON founder Justin Sun successfully won the Buffett lunch for a record-breaking $4,567,888. Justin Sun is also the CEO of BitTorrent and acquired the platform for $140 million last May.

In this regard, Forbes reporter Luke Fitzpatrick interviewed Justin Sun, the main content is as follows:

Luke Fitzpatrick (hereinafter referred to as "Reporter"): Why do you want to meet Warren Buffett?

Justin Sun: First of all, meeting Warren Buffett is one of the best opportunities to introduce cryptocurrency and blockchain to a large group of people. People who hear or will hear about the lunch may want to know more about the industry. I also want to build a bridge between the blockchain community and institutional investors. Knowledge transfer between the two groups helps both sides.

Reporter: What results do you hope to achieve from the meeting?

Justin Sun: I get to sit down with one of the most accomplished American businessmen in history, talk to him about his long-term value investing strategy, and I get to discuss the huge potential of blockchain. I think the lunch will be a great moment for almost everyone present. I don’t think we can convince him that all cryptocurrencies and blockchains are good, but I hope he leaves with a little more knowledge about the industry and its potential.

Reporter: Do you have any planned topics for discussion?

Justin Sun: I think we’ll see how the conversation progresses. Obviously, we’ll talk about blockchain, talk about Tron and BitTorrent, and talk about Buffett’s views on where the global economy is going. I hope everything else will come naturally.

Reporter: Will you try to convince Warren Buffett to invest in cryptocurrency?

Justin Sun: I’m not sure how much I can convince him in three hours or less. I will point him to recent moves by other large companies to embrace cryptocurrencies. JPMorgan Chase, IBM, and now Facebook have all entered this market based on their promise of borderless commerce and distributed finance.

Reporter: If Warren Buffett invested in cryptocurrencies...

Justin Sun: I think it will be another proof point for the industry and a shot in the arm for it. Ultimately, whether we will experience a long-term boom or bust depends on what use cases we can create that resonate with a broad audience.

Reporter: Are there any interesting new developments in TRON?

Justin Sun: I try to tell the community often (some say too much) what we are working on. We are launching BitTorrent Speed. We are still providing a great experience for BitTorrent Live and working on making the TRON blockchain platform stronger, faster, and more reliable. We hope to announce some partnerships soon. Stay tuned.

According to Odaily Planet Daily, Sun Yuchen once said in an interview with the media that I might make a small request during the lunch, which is to install the first digital currency wallet for Buffett on his mobile phone, and then I hope to send him some Tron coins. It is possible that this Tron coin will become the first virtual currency in Buffett's life. I want to teach Buffett how we send and receive virtual currencies, and what kind of applications can be completed with these virtual currencies in the decentralized world.

Later, Laiqujianzhi (Sina Weibo CEO Wang Gaofei) said on Weibo, "Wasn't Buffett using a Samsung flip phone, which is not a smart phone and can't install apps?" In response, Sun Yuchen said on Weibo, "I will bring a Huawei phone."

In contrast, Litecoin founder Charlie Lee's idea seems simpler. He previously responded to netizens on Twitter about "attending Buffett's lunch": I won't try to convince Buffett to use cryptocurrency. I think he has made up his mind, which is good.

However, wherever there is a hot topic, there is Sun Yuchen. On July 12, Beijing time, US President Trump sent three tweets in a row, singing short on cryptocurrencies. Sun Yuchen went to leave a comment in a short time: "Mr. President, you have been misled by fake news. Bitcoin and blockchain are the best opportunities for the United States. I would like to invite you to have lunch with Buffett on July 25. I promise that after this meal, no one will know more about cryptocurrencies than you!" Soon after the comment was sent, Sun Yuchen shared a screenshot of his comment in his circle of friends and Weibo. On the same day, "Sun Yuchen invites Trump to attend Buffett lunch" was on the Weibo hot search list, ranking 27th.

According to Sun Yuchen's previous tweet, he and Buffett will have lunch at Quince, a Michelin three-star restaurant in Jackson Square, San Francisco on July 25. Can Sun Yuchen convince Buffett? When that day comes, the answer should be revealed.