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Tron CEO Justin Sun to be Accompanied by Litecoin’s Charlie Lee in a Lunch Meet-up with Warren Buffet

Coinspeaker Tron CEO Justin Sun to be Accompanied by Litecoin’s Charlie Lee in a Lunch Meet-up with Warren BuffetJustin Sun, CEO of Tron seems to have some magical powers. As report speculates that the blockchain expert would be meeting with one of the most influential personalities in the financial sector – Warren Buffet, Chairmain and CEO of Berkshire Hathaway. Dated to take place on July 25th, 2019, this 20th annual charity lunch will take place in Silicon Valley, San Francisco. As opposed to Buffett’s New York’s Steakhouse venue for such gathering, this variance is in a bid to honor a local charity that the late billionaire’s wife supports – Glide Foundation.According to a Twitter post, Justin Sun calls out to his fellow crypto colleague Charlie Lee to chaperone him to this prime crypto lunch get-together. Hence, the host has been applauded by the crypto community for such a clever choice of company to this once in a lifetime financial-crypto conference.The crypto power lunch, co-hosted by Omaha-based Oracle corporation, is believed to attract a budget of $4.6 million USD. Expected to be in attendance are institutional financial investors. Subsequently, in what appears to be an optimistic approach to hop into the bandwagon, the investment genius told Bloomberg: “I’m delighted with the fact that Justin has won the lunch and am looking forward to meeting him and his friends.”Speaking on the path of Warren Buffet, the American business magnate happens to be one of the most notable detractors of Bitcoin in the early days. Referring to this neoteric digital currency as a ”worthless gambling” in the past. The Billionaire Investor at some point believed that Bitcoin was a sham, as he told Becky Quick of CNBC that “It [Bitcoin] is a delusion, basically. ”But to the delight of the entire crypto community, this financial mogul seems to be retracting those comments.Where Do We Go From Here?Speaking on behalf of the entire crypto general public, Justin Sun further stipulates that this lunch is set in place to further enlighten the financial entrepreneur and not an actual partnership with the financial powerhouse – Berkshire Hathaway. He stated:“It might be unrealistic to convince Warren Buffett, just in three hours, to buy cryptocurrencies. But we want to show him the recent progress of cryptocurrency and blockchain technology.”Following blockchain’s recent involvement with several fortune 500 companies, an adoption by stellar financial tycoon such as Buffett would go a long way to bolster mainstream endorsement of cryptocurrencies. Tron CEO Justin Sun to be Accompanied by Litecoin’s Charlie Lee in a Lunch Meet-up with Warren Buffet
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Litecoin Creator Charlie Lee Joins Justin Sun And Warren Buffett

Litecoin creator Charlie Lee to join Justin Sun's lunch with billionaire and legendary investor Warren Buffett. Sun sent out invitations to meet with Buffett to several famous personalities from the ... Запись Litecoin Creator Charlie Lee Joins Justin Sun And Warren Buffett впервые появилась Bit.news.
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Litecoin’s Charlie Lee Joins Warren Buffett’s Crypto Power Lunch with Justin Sun

By CCN Markets: Tron CEO Justin Sun will be accompanied by Litecoin creator Charlie Lee on his $4.6 million crypto power lunch with billionaire bitcoin skeptic Warren Buffett. Sun revealed on Twitter that he’s thrilled to invite his “good friend Charlie” as his first guest at his July 25 lunch with Buffett. Sun says he’ll announce other friends who will join him soon. Crypto Twitter Approves of Justin’s Lunch Companion Sun was barraged with kudos on his selection. Many agree that the affable Lee is an excellent choice of crypto ambassador on this epic lunch. Twitter user “Tommy Mustache” reacted The post Litecoin’s Charlie Lee Joins Warren Buffett’s Crypto Power Lunch with Justin Sun appeared first on CCN Markets
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What will Buffet Offer Tron’s Justin Sun Over lunch?

The ‘Oracle of Omaha’ has made it known publicly that he does not support cryptocurrency in any way. At some point, Warren Buffett referred to Bitcoin as rat poison. Nonetheless, he is scheduled to meet crypto titans over lunch in the coming weeks. Some time ago, the entire crypto world celebrated when Tron’s Justin Sun won the charity lunch with the legendary investor. The $4.5 million lunch will take place on July 25 in San Francisco. Justin Sun, who is also BitTorrent’s CEO revealed in an exclusive interview that he personally desired to become friends with Buffett. He also stated that he aimed to give Buffett real-time updates on what progress is taking place in the crypto world. The TRON CEO said the aim of the meeting does not feature any attempt to persuade Buffett to invest in cryptocurrencies. Also, Sun will not even try to get Buffet to get involved in any digital assets. However, he will just update the legendary investor about all progress and achievements in the crypto space. The Lunch All eyes are now set on San Francisco to see how the meeting goes. Buffett has a strong opinion about Bitcoin but will meet Sun and his crypto proponent friends. They will be tasked with the agenda of trying to change Buffett’s opinion about Bitcoin. In the past, Ted Weschler won two auctions and got hired by Buffett’s Berkshire Hathaway Inc. In that connection, Sun was asked about any such plans but he said that he would not take such offers. He explained that he commits and dedicates his whole life into crypto space. The TRON CEO added that he is open and looking forward to collaborating with Berkshire Hathaway in many opportunities that may arise. Besides talking and discussing crypto matters, Sun said that he wants to talk about technology and become quippy with the legendary investor. TRON sits on the 12th position on CoinMarketCap list and observed 2.1% growth over the past day. Currently, the token has a value of $0.0332 with a market capitalization of around $2.215 billion. The 24-hour trading volume of the virtual token was reported to be $694 million. It had spiked by 3.54% over the past seven days but dropped by 0.03% within an hour. Whether the meeting will make the token to surge or Buffett to invest in cryptocurrencies, only time has the answer. Like what you're reading? Subscribe to our top stories The post What will Buffet Offer Tron’s Justin Sun Over lunch? appeared first on FXTimes.com - Daily Cryptocurrency and FX News.
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What does Tron’s Justin Sun aim to achieve with Buffett over lunch?

The cryptocurrency world celebrated seeing its proponent, Justin Sun, winning the charity lunch with investment mogul, Warren Buffett. The lunch is scheduled for July 25 in San Francisco. Justin Sun, the CEO of Tron foundation and BitTorrent in an interview told that he personally wanted to be friends with Buffett and give him real-time updates about the progress taking place in the crypto-space. The 29-year-old CEO told CoinTelegraph that the aim of his meeting with Buffett does not involve persuading him to invest in crypto or even get involved, but to update him about the progress and achievements in the field. Buffett who had a strong opinion about Bitcoin will meet Sun and his friends from the crypto space, and one could imagine Sun’s effort towards changing Buffett’s opinion on crypto. Previously, Ted Weschler won two auctions and was hired by Buffett’s firm Berkshire Hathaway Inc. and Sun was asked about any such plans to which he said: “No, I don’t think so because I commit myself, dedicate myself, the whole life into crypto space.” The CEO of Tron added that they are looking forward to “collaborate with Berkshire Hathaway in a lot of opportunities.” Apart from talking about crypto, Sun wants to talk about technology and be quippy with the 88-year-old investor. Tron remains on the twelfth position on CoinMarketCap list and observed 2.27% growth over the past day. At press time, it was valued at $0.0333 with a market cap of $2.224 billion. The 24-hour trading volume of the coin was reported to be $694 million as it spiked by 3.54% over the past week but slipped by 0.03% within an hour. The post What does Tron’s Justin Sun aim to achieve with Buffett over lunch? appeared first on AMBCrypto.
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What is actually crypto — asset, currency or collectible?

Coinrail has a recovery plan, Cambodian investors need a license, Vietnam approved a cybersecurity bill, Australia will collect Capital Gains Tax, Japan will release new guidelines, SEC threatens McAfee, BitTorrent's price, the US officials will disclose their crypto holdings.

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Bitcoin Cash Developer: If Something Isn’t Done, BCH Will Cease to Exist

Last year’s Bitcoin Cash hardfork has come with multiple negative consequences. Firstly, the BCH blockchain was split into two, leading to the birth of Bitcoin Cash SV and Bitcoin Cash ABC. The BCH community was split into two after the announcement of a proposed upgrade, which resulted in the so-called Bitcoin Cash Hash Wars where organizations supporting Bitcoin Cash ABC and Bitcoin Cash SV were competing with each other to secure the most hash power to their networks. According to a BitMex study, the Hash Wars had a total cost of over $14 million. Now it seems like it is taking its toll on Bitcoin Cash developers who are having a hard time raising the funds they need for the ongoing development of the cryptocurrency’s network, leaked screenshots of messages in a Telegram group show. “Well if something is[n’t] done, Bitcoin-ABC will shut down and BCH will cease to exist,” Bitcoin Cash and Openbazaar developer Chris Pacia said. Decentralized Fundraising While Bitcoin Cash developers need funds to work on the project, they seek to acquire them in a decentralized way. End of the road for BCH development. Even Roger has tapped out. pic.twitter.com/ewH1QR9JiO — Skylark_BitCoin 🐉 (@skylark_bitcoin) June 16, 2019 “TLDR: Amaury complained about structured funding and no one knows how to solve the problem that doesn’t involve centralization of power or requires trust,” a user stated, referring to Bitcoin ABC developer Amaury Sechet. Users in the Telegram group had controversial opinions on Sechet’s way to raise funds. “I don’t see why donations from large entities can’t work, for instance, the Bitcoin.com initiative we have seen recently to raise funds,” a user wrote. “Nobody is donating. That’s why,” Openbazaar developer Chris Pacia replied. “That fundraiser probably won’t hit the goal and the goal is an order of magnitude less than what is needed,” he added. According to Pacia, “multi-coin” companies are the reason why Bitcoin Cash devs are underfunded. “The main problem as I see it is all the large companies that profit from BCH are multi-coin companies. If BCH goes under, they shrug their shoulders and life goes on for them. They have virtually no incentive to fund BCH,” he said. Planning to Raise 800 BCH Bitcoin.com, in collaboration with other projects and organizations such as Electron Cash and the FVNI Development Society, has launched a fundraiser on May 30 to support the Bitcoin Cash development team. The fundraiser has a phase one goal of acquiring 800 BCH (about $348,000) by August 1. Until now, contributors have already donated 348 BCH, reaching 43% of the goal. If Pacia is right and the money acquired from the fundraiser is much less than they need, then it seems like that Bitcoin Cash developers are in a really bad financial situation. However, if the fundraiser reaches its goal, the money should be enough for the devs to cool down and continue working on the project until they manage to find a viable long-term solution for their financials. The post Bitcoin Cash Developer: If Something Isn’t Done, BCH Will Cease to Exist appeared first on CryptoPotato.
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Monero Price Prediction Today: Daily (XMR) Value Forecast – June 17

On the upside, if the bulls break the $98 overhead resistance, the crypto’s price would rise to $120 price level. On the other hand, if the bulls fail to break the overhead resistance, the market will fall to the previous low of $95. XMR /USD Medium-term Trend: Ranging Resistance Levels: $100, $105, $110 Support Levels: […]
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Tron CEO Justin Sun to be Accompanied by Litecoin’s Charlie Lee in a Lunch Meet-up with Warren Buffet

Coinspeaker Tron CEO Justin Sun to be Accompanied by Litecoin’s Charlie Lee in a Lunch Meet-up with Warren BuffetJustin Sun, CEO of Tron seems to have some magical powers. As report speculates that the blockchain expert would be meeting with one of the most influential personalities in the financial sector – Warren Buffet, Chairmain and CEO of Berkshire Hathaway. Dated to take place on July 25th, 2019, this 20th annual charity lunch will take place in Silicon Valley, San Francisco. As opposed to Buffett’s New York’s Steakhouse venue for such gathering, this variance is in a bid to honor a local charity that the late billionaire’s wife supports – Glide Foundation.According to a Twitter post, Justin Sun calls out to his fellow crypto colleague Charlie Lee to chaperone him to this prime crypto lunch get-together. Hence, the host has been applauded by the crypto community for such a clever choice of company to this once in a lifetime financial-crypto conference.The crypto power lunch, co-hosted by Omaha-based Oracle corporation, is believed to attract a budget of $4.6 million USD. Expected to be in attendance are institutional financial investors. Subsequently, in what appears to be an optimistic approach to hop into the bandwagon, the investment genius told Bloomberg: “I’m delighted with the fact that Justin has won the lunch and am looking forward to meeting him and his friends.”Speaking on the path of Warren Buffet, the American business magnate happens to be one of the most notable detractors of Bitcoin in the early days. Referring to this neoteric digital currency as a ”worthless gambling” in the past. The Billionaire Investor at some point believed that Bitcoin was a sham, as he told Becky Quick of CNBC that “It [Bitcoin] is a delusion, basically. ”But to the delight of the entire crypto community, this financial mogul seems to be retracting those comments.Where Do We Go From Here?Speaking on behalf of the entire crypto general public, Justin Sun further stipulates that this lunch is set in place to further enlighten the financial entrepreneur and not an actual partnership with the financial powerhouse – Berkshire Hathaway. He stated:“It might be unrealistic to convince Warren Buffett, just in three hours, to buy cryptocurrencies. But we want to show him the recent progress of cryptocurrency and blockchain technology.”Following blockchain’s recent involvement with several fortune 500 companies, an adoption by stellar financial tycoon such as Buffett would go a long way to bolster mainstream endorsement of cryptocurrencies. Tron CEO Justin Sun to be Accompanied by Litecoin’s Charlie Lee in a Lunch Meet-up with Warren Buffet
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Tech Regulation’s Deft-Hand Problem: CEO DailySalon Viva Technology 2019, Startup connect : Day One At Porte De Versailles In Parisamurrayfortune

Good Monday morning. The rising drum roll to regulate digital platforms has understandable roots. Consider: - From an economics perspective, the marginal benefit of adding each new customer to a digital network is significant while the marginal cost is near zero, creating powerful winner-take-most-or-all dynamics. - From a business perspective, those economics tilt the playing field in a direction that feels vastly unfair to incumbents. (Which may be why upwards of 40% of the Fortune 500 CEOs we polled this year believe Alphabet, Amazon, and Facebook need additional regulation.) - From a media perspective, the tech firms are up against one of the businesses that's been most disrupted. (Check out this new data showing 2 out of every 3 digital ad dollars goes to the three companies mentioned above.) - From a political perspective, tech companies have quickly morphed from superhero to villain. The left hates them because they are big and rich; the right hates them because they tilt left. The problem is that proper regulation of digital platforms will require a deft hand, and deft hands are in short supply in Washington these days. With Teddy Roosevelt in mind, politicians are calling for "trust busting"--ignoring the fact that the network effects that drive these companies' bigness also create benefits for users. A more proper approach might be to create an FCC-style regulatory apparatus that ensures the digital platforms follow certain rules to maximize consumer benefit and minimize anti-competitive effects. But crafting intelligent legislation on such a complicated topic was hard back in the days when government was quasi-functional. In today's polarized environment, it will be near impossible. That's the one thing the tech companies have going for them. Speaking of digital disruption, finance certainly seems teed up for a tumble. (Facebook is reportedly ready to announce its cryptocurrency launch this week.) That's why Fortune is holding its first-ever Brainstorm Finance, in Montauk, N.Y., Wednesday and Thursday. We'll be mixing some of the titans of traditional finance--like Citi CEO Mike Corbat, Bank of America CEO Brian Moynihan, Charles Schwab CEO Walt Bettinger , and Edward Jones CEO Penny Pennington--with some of top digital disruptors--Ripple CEO Brad Garlinghouse, Circle CEO Jeremy Allaire, Clovyr CEO Amber Baldet, and Credit Karma CEO Ken Lin. I'll be reporting from sunny Montauk starting Wednesday. And in case you missed it--the big bombshell this weekend was David Sanger's story in the New York Times saying the U.S. government has buried "digital land mines" in the Russian power grid. President Trump tweeted the story was both "fake news" and "a virtual act of Treason." It should be no surprise, as Fortune's Robert Hackett writes, that cybersecurity IPOs are attracting particular interest this year. More news below. Alan Murray @alansmurray alan.murray@fortune.com Top NewsSouth American Blackout Speaking of power grids and cyber-stuff, an enormous blackout hit Argentina, Uruguay, Brazil, Chile and Paraguay yesterday, and Argentinian President Mauricio Macri said a cyberattack could not be ruled out as the cause. Humidity's another possible culprit. The unprecedented problem originated in Argentina's coastal transmission system--the regional grid got disconnected from all the generators at the Yacyreta hydroelectric dam. Bloomberg Crisper Boeing Boeing CEO Dennis Muilenburg says his company should have communicated more "crisply" with its customers and regulators following the fatal crashes of two of its 737 Max planes. Muilenburg regarding Boeing's safety procedures failing to spot flaws: "Clearly, we can make improvements, and we understand that and we will make those improvements." The FAA may reportedly start trials of Boeing's fixes as early as this week. Reuters Deutsche Bank The Financial Times reports that Deutsche Bank is to shrink or close its U.S. trade business and set up a so-called "bad bank" to hold or sell assets--mostly long-dated derivatives--valued at up to $56 billion after adjusting for risk. "It makes sense for us to put all these long-term, nil-revenue assets in a non-core unit," said one "senior figure at the bank." FT Huawei Hit Huawei has for the first time quantified the hit it will take from the U.S. ban on vendors selling to the Chinese telecoms giant. Founder Ren Zhenghfei said Huawei expects to lose around $30 billion in revenue over the next couple years, with overseas smartphone shipments falling by as much as 60%. Ren: "We didn't expect the U.S. would so resolutely attack Huawei. We didn't expect the U.S. would hit our supply chain in such a wide way--not only blocking the component supplies, but also our participation in international organizations." Bloomberg Around the Water CoolerP&G Wellness Procter & Gamble will try to pitch some of its most popular products, such as Crest toothpaste and Pantene shampoo, as "wellness boosters" by teaming up with Arianna Huffington's "behavioral health" firm Thrive Global. As Fortune's Sy Mukherjee writes: "Thrive's central role across the P&G portfolio will be providing what the company calls behavioral 'microsteps' in order to 'habit-stack'-i.e, build a positive, affirming mental habit into something consumers may already do every day." Fortune China Tariffs Public hearings on the Trump administration's proposed next round of tariffs on Chinese imports begin today, and the Wall Street Journal reports that many businesses have already been writing to the U.S. Trade Representative, complaining that they have no choice but to buy from China. WSJ Stock Link As of today, U.K.-listed firms will be able to also list in mainland China. The London-Shanghai Stock Connect stock link is the first to allow foreign firms to list in China. The move will allow companies in each country to raise money in the other. "Stock Connect is a groundbreaking initiative, which will deepen our global connectivity as we look outwards to new opportunities in Asia," said British Chancellor Philip Hammond. BBC Unconscious Bias Unilever had some of its marketing and ad agency staff in New York, London and Rotterdam take a DNA test and read the results, in order to test whether heritage-related revelations affected their unconscious biases. The consumer goods giant, which worked with University College London staff on the exercise, said reading the results "significantly" reduced the subjects' stereotypical thinking. CNBC This edition of CEO Daily was edited by David Meyer. Find previous editions here, and sign up for other Fortune newsletters here.
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Blockpass to provide blockchain ID service for Polymath STO platform

Blockpass to provide blockchain ID service for Polymath STO platform - CryptoNinjas Security token platform Polymath today announced a strategic collaboration with digital identity verification solution Blockpass, to provide clients of the platform streamlined identity verification, simplifying user onboarding and decreasing required resources in the process. Polymath is a decentralized platform that makes it easy to create and manage security tokens. In addition to providing the technology […] Blockpass to provide blockchain ID service for Polymath STO platform - CryptoNinjas
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