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Tron’s Justin Sun wants to be the knight in shining armour and bridge the institutional gap for the crypto-industry




Justin Sun wants to be the knight in shining armour to bridge the institutional gap for the crypto-industry
Source: Unsplash

Tron’s Justin Sun has long been labelled a master marketer by the cryptocurrency industry, with Sun using his promotional skills to lift Tron and the newly-acquired BitTorrent. From Tesla deals to partially fulfilling them, Sun has now landed the “big fish,” securing a deal with the poster boy of the investment world, Berkshire Hathaway’s Warren Buffett.

Dishing out a winning bid of $4.6 million for the Glide Foundation’s annual charity auction and securing a lunch date with Buffett, Sun aims to flip the investment mogul’s critical opinion on Bitcoin and the cryptocurrency industry. The task however, seems to be monumental as the old-school investor has previously called Bitcoin “rat poison squared,” and deemed it the currency of “charlatans.”

However, Sun’s aims for the lunch date are far from just converting Buffett to a crypto-believer. In a recent interview on CNBC Squawk Box, the Tron CEO stated that his aim was to bridge the gap between institutional and traditional investors and the realm of cryptocurrency and blockchain technology. In his own words,

“I want to become the bridge between the institutional investor and also financing institutions, traditional investor(s) like Warren Buffett between the crypto-community and also blockchain industry.”

Sun added that he and his legion of cryptocurrency and blockchain “leaders” will aim to “communicate” the “opportunities” in decentralized industry to the Berkshire Hathaway CEO. He highlighted the entry of institutional giants like JP Morgan and Facebook with their own “stablecoin” projects, as a signal of the mainstream growth of the cryptocurrency industry.

Warren Buffett’s critical opinion of the cryptocurrency industry is down to a lack of relevant ‘sources,’ stated Sun, adding that the multi-billion dollar investor has been “misled” by the media and hence, his comments on Bitcoin are uninformed.

Hopefully, after the dinner with blockchain and cryptocurrency evangelists, Buffet will come out a cryptocurrency maximalist.

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