At 12 o'clock on the morning of June 4, Sun Yuchen, the founder of the blockchain company's wave field, took the Buffett lunch for 4,567,888.00 US dollars (about 31.53 million yuan), becoming the first 90 after the world to have lunch with Buffett.
This news is not inspiring. The wave field is one of the tokens of cryptocurrency, representing the cryptocurrency. Buffett is a recognized investment giant in the world and represents the mainstream ideology of society. As we all know, although the cryptocurrency industry has been born for more than 10 years, it has not been accepted by the mainstream ideology of the society. Whether this dinner represents the transformation of mainstream ideology can become the ice-breaking move of both, which is worth pondering.
First of all, let's get familiar with both parties.
Sun Yuchen, the first student of Ma Yun Lakeside University, accompanied by my APP Chairman and CEO, Bachelor of History, Peking University, GPA ranked first; Master of Pennsylvania University; Founder, Chairman and CEO of Ruibo Technology; Leader of China's post-90s entrepreneurs World Economic Forum (Davos Forum) Global Outstanding Youth; Forbes 2015 China 30 Under 30 Entrepreneurs...
Of course, as a currency person, his most well-known label is the founder of the blockchain project TRON. In the white paper, the wave field positioning is “a decentralized free content entertainment system on a global scale”. But apart from this concept, the entire white paper does not reflect any technical code and innovative ideas. The reason why wave field ICO can be so successful, in addition to market conditions, is more important to Sun Yuchen's marketing ability and self-packaging ability.
It can also be said that the times have created heroes. The September 4th incident was a disaster for most people in the currency circle, but it became Sun Yuchen's Normandy. On September 4, 2017, the seven ministries and commissions of China jointly stated that the ICO project is illegal fundraising, and all the virtual currency exchanges must be turned off. Sun Yuchen first caused great concern by resolutely not withdrawing the currency. Although he eventually returned the coin, he also obtained 90% of all the circulation of the wave currency. After September 4th, the market ushered in a long, three-month wave. The field rose from 0.01 yuan to a peak of 1.87 yuan. According to the peak price, the total market value of the market reached 187 billion yuan. 90% of the 187 billion yuan you count, I can't figure it out.
Buffett, once the world's richest man, a famous investment giant. Buffett's lunch is a lunch with Buffett's famous steakhouse in New York. Anyone who can bid the most in the specified time can eat a steak with Buffett. The “Bunch with Buffett” charity auction has been in place since 2000 and has been in existence for 19 years. The proceeds from this auction were donated to the charity Glide Foundation in San Francisco to help the local poor and Homeless. It was auctioned once a year since 2000 and has been converted to online auction since 2003. All proceeds received were donated to US charities.
To put it simply, one needs money to do charity, one is rich and willing to spend, so there is this explosive news. As for whether this lunch can bring leaps and bounds to the currency circle, I personally are not optimistic, let alone give the currency circle, even if it is not necessarily good for the wave field.
First of all, Buffett’s attitude towards cryptocurrency is also very clear. As early as 2014, he said: “It’s just an illusion to stay away from Bitcoin. In my opinion, the idea that it has great intrinsic value is a joke. I can't value Bitcoin because it's not an asset that can generate value." Buffett's evaluation of Bitcoin is still the case, not to mention the controversial wave field in the currency. The opportunity that Sun Yuchen won this time is only the price of the high, and should not be over-interpreted.
Someone compiled a paragraph that simulates the conversation between the two during lunch:
Sun Yuchen: Ba Lao, how do you see bitcoin?
Buffett: Bitcoin is a bubble, worthless.
Sun Yuchen: You should know Bitcoin as you tried to vote for Apple Amazon.
Buffett: Bitcoin is a bubble, worthless.
Sun Yuchen: But I spent $4.56 million to take this lunch.
Buffett: I am very happy that you are paying dollars, not bitcoin.
Secondly, although Sun Yuchen has already achieved great success, in terms of his performance, he is more like an empty talker than a doer, and even some netizens call him "the currency circle Jia Yueting." The most direct evaluation comes from the former "Bitcoin richest man" Li Xiaolai, his recording exposure hands-on teaching currency circle cut leek routine, which named Sun Yuchen. Li Xiao said, "If you go to see Sun Yuchen, you don't have to talk about it. He must be a flicker." Some people describe Sun Yuchen as a "successful entrepreneur". For example, he was originally 100 points, but he was carefully packaged into 1000 points. As long as the 1000-point bubble is not broken, you can find 1000 points of corresponding capital and industry status in the market, which is the "making a game" in the jargon.
Because I haven't touched Sun Yuchen himself, I can't comment on him. But based on the facts already existing, combined with the white paper of the wave field, we can see that the landing process of the wave field project is not very optimistic. As for whether the future of the wave field can bring about changes across the era, it will take time to test.
In the end, during the 20 years of Buffett's lunch, three Chinese people have obtained this qualification, combined with their performance after the Buffett lunch, in the past, Jian Gu Zhenjin.
The first one is Duan Yongping. In 2006, Duan Bingping, the founder of BBK, made Buffett's lunch price a new step for $620,100. Today, Duan Yongping still takes the title of Chairman of the BBK Group. He returns to the country two or three times a year to set the direction of the company's development. The two major domestic mobile phone brands OPPO and VIVO have also ushered in a major outbreak in recent years. Whether it is BBK, or OPPO, VIVO, Duan Yongping is undoubtedly a doer with physical business.
The second place is Zhao Danyang, who is known as the "private father of the private sector." After lunch, Zhao Danyang did not disclose Buffett’s conversation, but said that “Buffett is my teacher” and emulates Buffett’s annual “To a Letter to Investors”, which distributes the heart of the heart and the value of the heart of the child. The two products have been established and the cumulative yield has reached 50%. Although Zhao Danyang is not engaged in the real economy, it is still a bright performance compared to Xu Xiang and other private placements, and is called the industry benchmark.
The third place is Zhu Xi, the chairman of A-share listed company Tianshen Entertainment. From the development track of Zhu Xi in these years, Buffett’s meal did not bring further enrichment for Zhu Xi. In 2018, Tenjin Entertainment was sealed by A shares 2018. The annual loss of the king, the stock price of Tenjin Entertainment fell from 125 to 3.6, no different from the currency circle. Zhu Xi himself was also investigated by the Securities and Futures Commission in May last year. 98.94% of the shares were pledged and 100% were frozen by the judiciary. It is the worst of the three people who have lunch with Buffett.
It can be seen that having lunch with Buffett does not mean that his follow-up career will be successful. The child once said: "I can't eat a fat man in one bite." Similarly, a meal won't eat the world's richest man.
I can't foresee the future direction of the wave field, and I can't foresee the development direction of the cryptocurrency, but one thing is certain. If the industry really wants to be a cross-era change, there must be more and more convenient applications.
As the holder of the cryptocurrency, I sincerely hope that the wave field can use the Buffett lunch to get better and better, and the cryptocurrency industry can get better and better.
