Binance’s Changpeng Zhao Declines Justin Sun’s Offer to Have Lunch With Warren Buffett
It hasn’t been too long since one of the most successful investors in the world, Warren Buffet had deemed Bitcoin to be “Rat Poison” and an “instrument for gambling.” However, he may have to explain his positions to the biggest names in cryptos in what is expected to be the most awkward interview ever.
This Monday it came to light that Tron founder Justin Sun bid the record $4.57 million at a charity auction to have lunch with Buffett. The winning bid was confirmed by the Glide Foundation, whose five-day online auction on eBay ended on Friday night. Glide is located in San Francisco’s Tenderloin district and serves the poor, homeless and those battling substance abuse.
Regarding his Bid Sun, in a blog post, wrote:
“As some of you might know, the CEO of Berkshire Hathaway has said publicly he sees no ‘unique value' in Bitcoin, the world's largest cryptocurrency. Yet, he has pointed to the potential in blockchain, the underlying technology behind all cryptocurrency. I look at the upcoming lunch with Buffett as an opportunity to seek mutual understanding and growth.”
Surprisingly Buffet was a sport in accepting the offer and said:
“I’m delighted with the fact that Justin has won the lunch and am looking forward to meeting him and his friends. We are going to have a good time and Glide will use his contribution to help many thousands of people.”
Sun said he plans to invite industry leaders from the blockchain community to dine with Buffett, who he called “a titan of investment. I hope this benefits everyone.”
Although the only disappointing thing from this event is that Changpeng Zhao won’t be able to join them for lunch. The Binance CEO said:
“@justinsuntron kindly invited me to go, but I can’t make it. Too far. I guess that’s like turning down $1,000,000, assuming 5 guys going, lol… But very much appreciated.”