The CEO of TRON, Justin Sun, is in the digital currency news today for his recent statement in which he praised Bitcoin‘s technology, seeing it as an actual technology instead of a business opportunity.
TRON’s CEO was a guest in an interview at CNBC, where he spoke to the network and discussed the general state of the crypto markets. Sun, who is also known as the CEO of BitTorrent (which TRON acquired in June 2018) said that the appeal to the younger generations hasn’t changed by the current bear market.
“Even if Warren Buffett, he dislikes Bitcoin, but still I think this is a very good opportunity for the younger generation. I think Bitcoin is a technology rather than business opportunities.”
He also offered multiple examples of Bitcoin scaling solutions – such as the Lighting Network (LN) – as a proof of Bitcoin’s ability to reshape the internet evolution. As he summed up:
“I think we are facing the next wave of the internet.”
There are now many vocal opponents of Bitcoin. As we reported earlier, JPMorgan’s CEO Jamie Dimon is one of them, in addition to Buffett, who has grown weary of bashing the dominant cryptocurrency in recent times.
JPMorgan caused a stir last month, appearing in the news section with the unveiled digital token dubbed JPM Coin – that will apparently help in various interbank procedures.
Meanwhile, Justin Sun only briefly talked about the concept of Bitcoin and not much about TRON itself, saying that he is minimally involved in the market cap and the price of TRON’s TRX token. Currently, TRON sits at the tenth place with a market cap of around $1.52 billion.
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