Ever since Tron founder Justin Sun made his infamous $4.58 million winning bid to lunch with Warren Buffett, the event has been surrounded by hype. From a 12 percent pump on TRX to a last-minute cancelation and reschedule, what has to be one of the most expensive meals on record grabbed the headlines — a lot.
It seems that Alibaba founder Jack Ma’s protege was on a quest to convince the world-famous investor and Berkshire Hathaway CEO to change his mind as far as cryptocurrencies are concerned. Sun even went as far as to take several supporters with him including Litecoin creator Charlie Lee, and the CEO of eToro, Yoni Assia.
So, what happened? Here are the top five takeaways.
1. You can’t teach an old dog new tricks.
Or to use the infamous words of Satoshi:
“If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.”
In an interview posted by CNBC yesterday, it turns out that the Tron CEO had an uphill battle all the way.
Buffett had his mind firmly made up about cryptocurrencies the whole time. He conceded (somewhat condescendingly) that Sun and his friends had “behaved” perfectly but sustained his extreme anti-crypto stance, saying:
“Cryptocurrencies basically have no value and they don’t produce anything… It doesn’t reproduce, it doesn’t deliver, it can’t mail you a check, it can’t do anything… In terms of value, zero.”
— CNBC (@CNBC) February 24,