The CEO of Project Tron, Justin Sun recently won an opportunity to have lunch with Warren Buffet, who is one of the richest people in the world. The opportunity of having lunch with Warren Buffet given by Ebay was grabbed by both hands by Justin Sun by donating the highest bid, US $4.6 million to win the charity #PowerofOne. Sun has made sure that Crypto is thoroughly understood by Buffet, so he has invited his fellow CEOs and executives with him in his lunch. While this may take in two weeks, it could have an unexpected guest which may change the setting of the whole meeting, the President of the United States, Mr. Donald Trump.
Trump’s Dissent Towards Crypto
Firstly, Warren Buffet has open about its stance about cryptocurrency. He considers it as “rat poison” and doesn’t want any part of it. So, Justin Sun and his peers will make sure to convince Warren Buffet that Crypto is a great business prospect. But now, Justin Sun being the opportunist he is, was quick to respond to Trump and extend an invitation to him.
Here’s what Donald Trump’s Tweet thread about cryptocurrency had in it. In the first Tweet, Donald Trump said that he is not a “fan” of Bitcoin and other cryptos and said that they are based on thin air.
I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity….
— Donald J. Trump (@realDonaldTrump) July 12, 2019
The second tweet of Trump’s directly targeted Facebook’s Libra and asserted the fact from the first Tweet and sited that if they want to become a bank, they will have to go through regulations, at the national and international level.
….Similarly, Facebook Libra’s “virtual currency” will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National…
— Donald J. Trump (@realDonaldTrump) July 12, 2019
Finally, the third Tweet was a statement from Trump that the United States only has one currency – the US Dollar. He mentioned it is the most dominant currency and will remain ubiquitous and unique.
…and International. We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!
— Donald J. Trump (@realDonaldTrump) July 12, 2019
Justin Sun’s Capitalization On Trump’s Tweets
Right after seeing Trump’s Tweets, Justin Sun in a matter of three hours responded with his own Tweet saying that The President is misled by fake news. He extended an invitation to the lunch and said that after this lunchTrump will know about crypto more than anyone.
Mr. President, you are misled by fake news. #Bitcoin & #Blockchain happens to be the best chance for US! I'd love to invite you to have lunch with crypto leaders along with @WarrenBuffett on July 25. I guarantee you after this lunch, nobody will know crypto more than you! https://t.co/ZpRFEbninv
— Justin Sun (@justinsuntron) July 12, 2019
If Trump being Trump accepts this offer, this will give the Crypto market a huge popularity boost. Also, the potential of the head of state of the US being pro-crypto is huge and could fast forward crypto’s progress by 25 years. The lunch is held on July 25, there’s only a little time left for us to see what unfolds of this.
