Can Chinese entrepreneur Justin Sun change Warren Buffett’s mind on bitcoin? He just paid US$4.57 million for a chance to try over lunch
- Buffett once called bitcoin ‘probably rat poison squared’, while Sun, founder of Tron and Peiwo, is one of the cryptocurrency’s biggest fans
- Money raised from charity auction will go towards the Glide Foundation, which serves the poor, homeless and those battling substance abuse
Warren Buffett once called bitcoin “probably rat poison squared”. He will now have to dine with one of the cryptocurrency’s biggest fans.
Chinese cryptocurrency pioneer Justin Sun revealed on Monday that he bid the record US$4.57 million at a charity auction to have lunch with Buffett, the billionaire chairman of Berkshire Hathaway.
Sun’s winning bid, which the 28-year-old announced on Twitter, was confirmed by the Glide Foundation, whose five-day online auction on eBay ended on Friday night.
Glide is located in San Francisco’s Tenderloin district and serves the poor, homeless and those battling substance abuse.
Sun can invite up to seven people to dine with Buffett at the Smith & Wollensky steakhouse in midtown Manhattan.
“I’m delighted with the fact that Justin has won the lunch and am looking forward to meeting him and his friends,” Buffett said in a statement provided by his assistant.
