- Justin Sun has reached out to Donald Trump following his criticism of cryptocurrency’
- He has invited the president to his upcoming lunch with Warren Buffet
There has been a deliberate effort in recent times to bring crypto into the mainstream and one of the ways that this has been done is by exposing crypto to powerful people in the mainstream business world as a means to drive adoption. This was the case with JP Morgan, which recently announced that they will be launching their own stablecoin even after their CEO previously criticized cryptocurrencies. Another recent effort was a lunch date secured by Justin Sun, the founder of TRON, with legendary investor Warren Buffett in which Sun is hoping to discuss crypto with Warren Buffett and hopefully change the famous critic’s mind. However, it seems Warren Buffett is not the only mind he is trying to change as a July 12, 2019 tweet by Justin Sun shows him trying to reach out to Donald Trump, the president of the United States, regarding crypto.
Inviting Trump to dinner
This tweet was in response to a series of tweets by Donald Trump in which he stated that he is not a fan of cryptocurrencies as they ‘are not money and are highly volatile’. He also stated that they can facilitate illegal activities such as drug trade and this is a sentiment shared by many crypto critics. He also took aim at the upcoming Libra token by Facebook, stating that it will have no dependability and that if firms want to become banks, they must seek a new banking charter as the only currency recognized in the United States is the dollar.
Before now, Trump’s view on cryptocurrency was not widely known but now it is safe to say that he is firmly in the crypto critic camp. However, Justin Sun intends to do something about this and has extended an invitation to Donald Trump to the July 25 lunch he intends to have with Warren Buffett and he has stated that after the lunch no one will know more about crypto than the president himself. Thus far, Trump has not responded to the invitation.
The lunch in question will be followed by two press conferences, both before and after. Besides enjoying lunch with Buffet, Justin sun will also be able to invite seven people to go along with him and the few names have been announced already. Charlie Lee, the creator of litecoin is among those that have been invited as well as Changpeng Zhao of Binance and Leon Li of Huobi Global.