How Warren Buffett Got His First Bitcoin?

Views:6612 Time:2020-02-09 00:13:40 Author: NiceNIC.NET

Billionaire investor Warren Buffett received his first bitcoin and several other cryptocurrencies during a dinner with five cryptocurrency advocates, led by Justin Sun who spent $4.57 million to secure a meal with the multi-billionaire. They discussed a number of topics, including whether Tesla stock is a good investment, as the group tried to convince the Berkshire Hathaway chairman of the currency of the next generation.

Crypto Advocates Meet Warren Buffett

Tron founder and Bittorrent CEO Justin Sun finally had lunch with Warren Buffett, even though it turned out to be a dinner instead. He bid $4.57 million at a charity auction in June last year to have lunch with Buffett the following month. Despite winning the auction, Sun postponed the meal, citing health issues. On Thursday, he tweeted:

Amazing dinner with Warren Buffett finally. Thanks for your support & advice on how to take Tron to the next level. Loved our talk on Bitcoin, Tesla & Tron.

The dinner took place on Jan. 23 at the Happy Hollow Club in Omaha, Nebraska, and lasted more than three hours. According to Sun, the $515.05 dinner was “money well spent” and the “most delicious meal ever.” He was accompanied to dinner with Buffett by Litecoin founder Charlie Lee, Huobi CFO Chris Lee, Head of Binance Charity Foundation Helen Hui, and Etoro CEO Yoni Assia.

......Sun proceeded to show Buffett how to use the new Samsung phone and how to transfer TRX from one phone to the other. Buffet’s new phone was also embedded with 100 BTT, 100 WIN and USDT, Sun noted. During dinner, he also sent 1 BTC to Buffet’s phone and tweeted the link to the transaction afterward. He elaborated:

Warren Buffett received his first bitcoin. This lucky bitcoin is safely stored in his Samsung Galaxy Fold. Since I gifted him this bitcoin, BTC has increased 16%. Hope it continues to moon.

Bitcoin, Blockchain, and Tesla Stock

Buffett further discussed a variety of topics at dinner, including bitcoin and blockchain. Sun said the Berkshire Hathaway CEO believes there is a great potential in blockchain, noting that many companies in his portfolios are exploring the technology including J.P. Morgan.

The billionaire said he is “curious to see how blockchain will play out in the payment industry in the next 10 years,” Sun described. The Oracle of Omaha believes that “Bitcoin still needs a lot of work in order to capture the value of blockchain.” Sun responded by asserting that “Bitcoin is the currency for the next generation." Buffett smiled.

Source from Bitcoin.com, author Kevin Helms

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