Justin Sun, founder of Tron and CEO of BitTorrent's peer-to-peer file-sharing protocol, [Tweet announced is a record 4.57 million bid with crypto-skeptic Warren Buffett as Surrendering US $ for lunch has been part of the annual charity auction "Oracle of Omahas" for the Glide Foundation.
28-year-old Sun will meet Buffett at Smith & Wollensky in Manhattan and has announced that he will invite seven executives from the crypto industry to join them.
"I am a longtime follower (and certainly a big fan) of Buffett and his long-term value investment strategy," wrote Sun in a middle post .
Prior to launching Tron in 201
"As some of you may know, the CEO of Berkshire Hathaway publicly said he sees no 'unique value' in Bitcoin, the world's largest cryptocurrency," Sun continued. the underlying technology behind all cryptocurrency. I consider the upcoming lunch with Buffett as an opportunity to pursue mutual understanding and growth.
Buffett has historically criticized the cryptocurrency – sometimes referred to as a "rat venom squared" – and most recently at its shareholder's annual general meeting Betting on Bitcoin is like betting on zero or double zero on one Las Vegas roulette wheel.
Although Buffett said in a statement by his assistant, "I am delighted with the fact that Justin has won lunch and looks forward to seeing him and his friends. We will have a good time and Glide will use his contribution to help many thousands of people. Berkshire Hathaway billionaire CEO has been holding this auction since 2000 and has raised over $ 32 million for the Glide Foundation to serve the homeless and San Francisco drug addicts.
Last year's premium was $ 3.3 million.
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