Despite The Dinner, Warren Buffet Is Still Not a Fan of Bitcoin, But Understands The Potential Of Blockchain

One of the most heavily commented meetings in the cryptocurrency community finally took place. According to a recent report, Tron CEO Justin Sun had dinner with the legendary American investor – Warren Buffett, where they discussed digital assets and blockchain technology.

Justin Sun Meets Warren Buffett

In the summer of 2019, one of the hottest topics in the community surrounded Justin Sun. He won a charity lunch with one of the most successful traditional market investors, Warren Buffett, after biding more than $4.5 million. The event was, however, postponed.

A new report from earlier today indicates that the long-awaited meeting between the two influential figures in their respective fields finally happened on January 23rd. The venue was not a fancy restaurant in San Francisco, as initially advertised, but instead, Sun went to Buffett’s hometown of Omaha, Nebraska.

According to Ryan Dennis – a spokesman for TRON, Litecoin’s founder Charlie Lee, Huobi CFO Chris Lee, and eToro CEO Yoni Assia also attended the dinner event.

Yoni Assia, eToro’s CEO On Buffett’s Dinner

Cryptopotato got the chance to speak to Yoni Assia’s about the dinner and how it went. eToro’s CEO said that it was a “life-changing” moment for him and a “huge honor to meet one of the world’s most famous and successful investors.”

Assia spoke of Buffett’s overall conceptions about investing and how he outlined that it’s not complicated to make money off it. According to him, the prominent investor said that “Investing is simple. Making money in the markets is easy. Invest in businesses you understand and believe in. If you follow the rules of value investing, as explained in Benjamin Graham’s book published in 1949, then you will succeed as an investor.”

eToro’s CEO also touched on what is perhaps the question that matters the most to the cryptocurrency community. Namely, whether Buffett’s stance on Bitcoin had changed, after previously calling it “rat poison squared.”

I think his view now is better, he understands the potential of blockchain and still doesn’t believe in the value of Bitcoin. – Said Assia.

Buffett: Blockchain Has Its Value

TRON’s spokesman clarified that cryptocurrencies and blockchain were at the epicenter of the dinner talk.

He noted Buffett’s wisdom and experience in business and investing. More importantly, for the community, though, the legendary investor has admitted blockchain’s benefits, its potential to disrupt the financial world, and all companies in the field who have high demands.

The report also says that Justin Sun, who previously pledged that he would educate Buffett on cryptocurrencies, presented a Samsung phone loaded with one bitcoin and numerous TRX coins as a gift for the Oracle of Omaha.

After the meeting, Tron’s CEO has reportedly even considered joining the popular Giving Pledge charity organization. Among all famous people who are already a part of it are Buffett himself and Microsoft’s co-founder Bill Gates.