Why Tron's Sun Paid $4.57 Million Lunch?

[Sithara007]

It looks like Justin Sun is plain retarded. He got rich from crypto-currency. And now he is giving away a part of that wealth to some old fart, who had mocked the very idea of crypto-currency multiple times. Warren Buffet has been a rabid critic of crypto-currency, for the past several years. I doubt whether Justin Sun will be able to convince him on the merits of crypto.

[target]

He must have some good proposals to these guys. If its just for marketing then he just got the massive response from the media but I'm not sure if Warren Buffet will accept the invitation. I don't see Vitalik, Lee and CZ won't be attending they can all come up with something more productive than just bragging about their achievements. Sun must have some goal for all the crypto users.

[tranduong123]

In my opinion, the simple reason is that he wants TRX, BTT and himself to be more popular and well known.

[CryptoLing]

I would say that the move is beyond stupid. Warren Buffet is a seasoned investor, he won't be convinced into crypto in just a lunch with Justin, which however not the best people pitching crypto, Warren's investment method is "old" and that's why it won't fit with Bitcoin or every crypto. That $4.56 Million could be a fund to make crypto space a better world by putting it another way.

[Golftech]

He had enough money to begin with, its pure advertisement and to gather public interest, promoting his projects by doing such actions will bring a lots of media attentions, there's nothing but for business purposes, he knows that it will give good privilege for him being interviewed by creating this huge noise and it's a good time for him to promote his business and to invite more potential investors.

[SirLancelot]

Justin Sun, the TRON & BitTorrent CEO, is on the news because of the huge amount of money he paid to have lunch opportunity with Warren Buffett. Because many are asking why he did it, here are the reasons behind such a move, according to an interview with CNBC.

3 reasons behind the bid:

1. Show of gratitude for Buffett’s inspiration
2. @GLIDEsf charity in San Francisco
3. Want to become bridge between institutional investors & crypto

Update: Justin Sun invites the founders of #Ethereum, #Litecoin, and #Binance to lunch with Warren Buffett.

So what do you think?

Hahaha, this are all marketing strategy, though it's a very good one because it's going to help his coin very much in mooning, only a newbie in the crypto space should not understand what's going on because I think he is trying to shill is project but this time not on bitcointalk but on social media entirely since he has a lot of money to throw away, lol. I own a lot of tron in my possession and I will still keep acquiring more because I see the future is bright.

[sehoon]

To be honest, I would've done the same thing. Assuming that I own a project and I have that enough money, I will do it for the publicity and any form of publicity is good publicity. This marketing move can surely make his coin stronger and can rack up some price in the future.

[Little_king]

Am sure SUN did this to get crypto close to buffet and nothing else has he is against the crypto world due to the disadvantage to his own business ideal .

But still sun actually trying to create a pump for his coin cos we can all see that the coin is dumping to a low of 200sat area and doing that will affect the market cap cos I dont see any reason see come out and say trx will be in 10position in market cap ranking all in the name of launch with buffert .

[Lagonda]

Spending $4,57 million to have half of the world known about his coin, Justin Sun is smart indeed. The amount looks huge but he only needs to sell a bunch of tokens to get enough. Knowing that his ambitious goal is to make TRX in top 10 and BTT in top 30, it's understandable he's risking that huge amount. If he's succeeded, he'd have hundred of times that amount. If he failed, he'd lost a bunch of tokens only.

[Mysteryla]

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This guy has made a lot, which is why he can afford to give out such huge amount to Warren Buffet who is already rich.
On the other hand, this will give more publicity, not just to Justin Sun alone, but to the coins he has lunched (From and Bittorent), as well as other altcoins which might follow suite.
This is why he is also calling on others to do the same.
I also sense that it will enrich Warren Buffet more and he, Justin, will be well compensated.