Home Litecoin Litecoin Creator Charlie Lee’s $4.5m Crypto Charity Lunch with Warren Buffett.

Litecoin Creator Charlie Lee’s $4.5m Crypto Charity Lunch with Warren Buffett.

Litecoin Creator Charlie Lee’s $4.5m Crypto Charity Lunch with Warren Buffett.


Final week Litecoin creator, Charlie Lee together with Chris Lee, Helen Hai, Yoni Assia and Justin Solar (who was the one to position the profitable bid of $4.5m final 12 months), lastly sat down with Warren Buffet of Berkshire Hathaway on the Completely happy Hole Membership in Nebraska, US for Lunch.

Solar spoke final 12 months of his hope that the assembly can be an opportunity to “bridge the hole between institutional and conventional buyers and the realm of cryptocurrency and blockchain expertise.” Nevertheless, after being delayed for over 6 months it started to seem like the entire thing would fall by way of, till unannounced, Solar, posted a picture of the group to his twitter feed stating:

Most scrumptious meal ever! Thks @WarrenBuffett for taking us to Completely happy Hole Membership! $4.56 MIL for a $515.05 dinner was cash properly spent! The insights I obtained are priceless. I loved each chew with my mates.

Solar additionally gifted Buffett 2 Samsung galaxy fold units together with 1 bitcoin saved on this public tackle — 3AsXDKX1etLgegepVeJbhj7WeZiypVMgdt, noting that it had already elevated 16% in worth.

The meal seems to have been a considerably quiet affair all in all, with solely Solar recounting the occasion publicly, nonetheless he does share additional insights to the conversations that occurred happening to put in writing:

@WarrenBuffett believes there’s nice potential in #blockchain & numerous his portfolio corporations are exploring it similar to @jpmorgan. He’s curious to see how #blockchain will play out within the cost trade within the subsequent 10 yrs. I’ve numerous work in retailer for me
he feels #Bitcoin nonetheless wants plenty of work with a view to seize the worth of #blockchain. I informed Mr. Buffett #Bitcoin is the forex for the subsequent technology, Mr. Buffett smiled and stated “I’m certain my grandson would moderately inherit my wealth in $USD.”

It seems there’s nonetheless some convincing to be achieved earlier than any mass institutional acceptance, however that additionally means there’s additionally much more development to come back from this area, which is nice information for present cryptocurrency buyers.



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