What could be so special about a lunch? In 2019, Justin Sun, founder of Tron (TRX), paid $4.57 million to have lunch with legendary investor Warren Buffett, known for his skepticism towards Bitcoin.
What seemed like a simple meeting turned into a historic event for the crypto ecosystem:
Sun gifted Buffett a Samsung phone with BTC and TRX preloaded. Although Buffett later stated that 'he still did not own cryptocurrencies,' the gesture was a media hit that brought cryptos to the financial headlines of the world.
This lunch was interpreted as an attempt by the crypto ecosystem to gain legitimacy before the financial establishment.
In the long term, it became a symbol of the clash of visions: the decentralized world vs. traditional finance.
Why is it important today?
In the midst of crypto institutionalization, the adoption of ETFs, and the interest of giants like BlackRock, that lunch marked the first major 'diplomatic clash' between old gold and digital gold.