Final week Litecoin creator, Charlie Lee together with Chris Lee, Helen Hai, Yoni Assia and Justin Solar (who was the one to put the profitable bid of $4.5m final yr), lastly sat down with Warren Buffet of Berkshire Hathaway on the Blissful Hole Membership in Nebraska, US for Lunch.
Solar spoke final yr of his hope that the assembly can be an opportunity to “bridge the hole between institutional and conventional traders and the realm of cryptocurrency and blockchain know-how.” Nonetheless, after being delayed for over 6 months it started to appear to be 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 Blissful Hole Membership! $4.56 MIL for a $515.05 dinner was cash effectively spent! The insights I acquired are priceless. I loved each chew with my buddies.
Solar additionally gifted Buffett 2 Samsung galaxy fold gadgets 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 passed off happening to write down:
@WarrenBuffett believes there’s nice potential in #blockchain & numerous his portfolio firms are exploring it akin to @jpmorgan. He’s curious to see how #blockchain will play out within the fee business within the subsequent 10 yrs. I’ve numerous work in retailer for me
he feels #Bitcoin nonetheless wants loads of work to be able to seize the worth of #blockchain. I advised Mr. Buffett #Bitcoin is the foreign money for the subsequent technology, Mr. Buffett smiled and stated “I’m certain my grandson would somewhat inherit my wealth in $USD.”
It seems there’s nonetheless some convincing to be carried out 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 traders.
