The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Litecoin Creator Charlie Lee Receives Invite From Tron’s Justin Sun to Join Lunch With Warren Buffett

by Daily Hodl Staff
June 16, 2019
in Altcoins

Justin Sun, CEO of Tron and BitTorrent, has invited Charlie Lee, aka @SatoshiLite and the creator of Litecoin, to join him and six other guests to meet billionaire investor Buffett in the Bay Area. The upcoming lunch has stirred curiosity about how the meeting might unfold since Buffett has long disparaged the cryptocurrency industry, infamously calling Bitcoin “rat poison”.

I'm thrilled to invite my good friend @SatoshiLite, creator of Litecoin, to be the 1st guest to join my lunch with @WarrenBuffett. More friends to be announced!

— Justin Sun (@justinsuntron) June 16, 2019

Sun won a lunch date with Buffett after placing the winning bid at a charity event in support of GLIDE Foundation, a non-profit organization that provides services for the poor and homeless in San Francisco. Sun, whose offices are in San Francisco, says he and his team are committed to helping GLIDE address homelessness in the community.

The 20th eBay Power Lunch with Warren Buffett Auction closed at the end of last month with Sun’s record-breaking $4.56 million bid. In an interview with CNBC, Sun says he doesn’t expect to change Buffett’s mind about Bitcoin but plans to invite blockchain and crypto industry leaders to the lunch to give Buffett another perspective.

In what is shaping up to be one of the biggest mainstream crypto-crossover stories of the year, the upcoming lunch with Buffett, who is one of the most revered investors in the US, has given Sun and cryptocurrencies plenty of media exposure with coverage on Bloomberg, CBS News, Fox, CNN, TheStreet, the Washington Post, the New York Times, New York Business Journal and the Wall Street Journal, among many other publications.

Charlie Lee, the inventor of Litecoin, is an outspoken advocate for cryptocurrencies.

The former Coinbase employee also worked at Google for a decade and graduated from the Massachusetts Institute of Technology with bachelor’s and master’s degrees in computer science in 2000. Lee says that Bitcoin and cryptocurrencies will “revolutionize money” and that their real power lies in their resistance to censorship.

“Bitcoin solved the problem where you have a distributed ledger and no one has control. If you look at things like Liberty Reserve or things like that, where there’s still a central controlling party, so the government can crack down on that central party and kind of just kill the currency.

So the innovation of Bitcoin is that it’s a decentralized currency and no one has control. And I think that’s the key. They managed, or Satoshi managed, to achieve this goal where previously no one else has been able to.”

Litecoin is the fourth largest cryptocurrency with a market cap of $8.5 billion. Tron (TRX) and BitTorrent (BTT), rank 12th and 33rd among the world’s largest cryptocurrencies by market cap.

[the_ad id="42537"] [the_ad id="42536"]
Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Tyrion Set To Decentralize the $377 Billion Digital Advertising Industry
    September 25, 2023
  • Hydranet Launches Layer Three Dex – A Game Changer for Trustless Cross-Chain Trading
    September 25, 2023
  • Ottochain Homage to EVMOS and Ethereum Layer Two
    September 21, 2023
  • Algorand Foundation Announces Build-a-Bull Hackathon in Collaboration With AWS
    September 20, 2023
  • OKX Achieves SOC 2 Type II Certification, Demonstrating Its Industry-Leading User Safety, Security and Compliance Standards
    September 20, 2023
  • Meme Fans Eye El Hippo (HIPP) As Floki Inu (FLOKI) Price Dips
    September 19, 2023
  • Dexalot Unveils SimpleSwap and SimpleView Features for Enhanced User Experience
    September 19, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$26,408.08
$26,408.08
0.61%
Ethereum
$1,608.78
$1,608.78
1.03%
Cardano
$0.243847
$0.243847
0.66%
XRP
$0.497171
$0.497171
0.8%
Dogecoin
$0.060461
$0.060461
0.31%

Spotlight

  • Bitcoin in ‘Calm Before the Storm’ As Bull Market Narratives Fail: Analyst Nicholas Merten
    September 20, 2023
  • Ethereum ICO Participant Moves $9,960,000 Worth of ETH to Crypto Exchange Kraken: On-Chain Data
    September 20, 2023
  • Analyst Will Clemente Says Setup for Bitcoin (BTC) Becoming ‘Increasingly Favorable’ – Here’s Why
    September 20, 2023
  • Former Deutsche Bank Executive Faces 30 Years in Prison for Crypto Fraud: DOJ
    September 20, 2023
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash • Financeflux •
Industry Announcements

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl