Cryptocurrency

Justin Sun Speaks About Various Aspects of the Crypto Ecosystem in a Recent Interview

Justin Sun, the founder of the decentralized blockchain platform- Tron, has recently revealed in an interview that he is maintaining a multi-crypto portfolio. He credited his belief in the cryptocurrency behind this decision. In the interview, he said:

“Basically, I’m a crypto believer, so I converted like all my assets in 2013. These days I only exchange the crypto to fiat if I need to spend money in my daily life. I own lots of the XRP and Ethereum too. I am a long-term believer [in] crypto, so I want all the crypto assets to succeed. That is why I own lots of the other different cryptos as well.”

Moreover, he showed a lot of confidence in the near future price of Bitcoin. The Tron founder predicts that the world’s largest crypto will cross the threshold of 100 K U.S Dollars within the next five years. Along with BTC, Sun also extended his optimism towards Tron, Ethereum, and XRP alike. He predicted a bull-market for all of these cryptocurrencies in the coming times.

When asked about the Tron blockchain, he referred to it as an alternative to iOS and Android operating systems. He also explained their role as system builders only in the decentralized ecosystem. He clarified his stance that the platform does not control any users’ data. Rather its privacy and preservation of the digital assets are in the hands of the users themselves. This way, as per Sun, the content can be easily shared and in a much cheaper way.

On the other hand, Sun’s Lunch date with Warren Buffett last year yielded a crypto-friendly result. The lunch which supported Buffest’s annual charity auction was organized earlier this month. During this event, Sun gifted BTC and TRX to the legendary investor. Interestingly, he did not gift him ETH. In the interview, he remarked that basically, Warren Buffett is a BTC holder.

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Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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