Justin Sun, a Chinese blockchain entrepreneur won Warren Buffett's charity lunch for $4.6 million

This year's charity steak lunch with legendary investor Warren Buffett may be about blockchain and encryption. Founder of regional chain platform TRON, CEO of BitTorrent, a peer-to-peer file-sharing agreement, 28-year-old Justin Sun won the annual eBay Charity Auction and had lunch with Warren Buffett at the Smith & Wollensky Steakhouse in New York City. Sun called himself a disciple of Ma Yun, the founder of Alibaba, and paid $4.6 million for a chance to have dinner with Buffett. Sun can also bring seven friends.

“I am a long-time believer (and certainly a loyal fan) of Buffett and his long-term value investment strategy. As some of you may know, the CEO of Berkshire Hathaway publicly stated that he believes that the world The largest cryptocurrency bitcoin does not have "unique value." However, he points to the potential of the blockchain, which is the underlying technology behind all cryptocurrencies, "Sun wrote in an article on Monday. “I will see the upcoming Buffett lunch as an opportunity to seek mutual understanding and growth.”

According to Chinese media reports, during his studies at the University of Pennsylvania in 2013, Sun invested in Tesla and Bitcoin, becoming the first barrel of gold. As a marketing guru, he has been teasing fans on Twitter since last week, saying he will announce "a huge and amazing thing", which makes TRON's price up to 20% on Sunday. After the press release, Sun plans to invite several "industry leaders" in the cryptocurrency and blockchain communities to have lunch with Buffett. I officially announced that I won a record 20th anniversary charity lunch hosted by @WarrenBuffett. I will also invite #blockchain industry leaders to meet with investment giants. I hope this is good for everyone. #TRON#TRX#BTT#BitTorrentpic.twitter.com/EMZ4TMhgpR - Justin Sun (@justinsuntron), June 3, 2019 Buffett and his longtime business partner, Charlie Munger, are known for their dislike of cryptocurrencies.

For Buffett, Bitcoin is not an investment, but a "gambling device." Munger once joked that "bitcoin investors celebrate the life and work of the Judas and Jews in happy hours."

However, Buffett is more open to the blockchain, the blockchain is the basic technology of cryptocurrency, increasingly used by financial, logistics and technology companies, including JP Morgan Chase and Amazon, Berkshire Hathaway The company's partner in the healthcare sector. "We may have done it indirectly through the bank," Buffett said of the blockchain in May. “But no, I will not be a big leader in the blockchain.” This is the fourth time that Chinese bidders have won the competition and promoted their identity. With Buffett's popularity in China, he is known as the "God of the Stock" and prints on Coca-Cola cans, winning the auction can also bring marketing value.

As early as 2006, Chinese businessman Duan Yongping won the bid and took his defendant Huang Zheng for lunch. Now, Duan's smartphone empire is selling better in China than the Apple iPhone. At the same time, Huang's shopping app Pingduoduo was listed on NASDAQ in July 2018.

But not all Buffett lunchers can find unfettered success. Zhu Xi, chairman of Beijing-based online gaming company Zeus Entertainment, paid $2.35 million for lunch opportunities in 2015 and said it was "absolutely worthwhile." However, since May last year, the China Securities Regulatory Commission has conducted an investigation into Zhu’s alleged violation of the securities laws.

In an e-mailed statement to Yahoo Finance, Buffett said he was happy with Justin’s victory and looked forward to meeting him and his friends. Buffett said: "We will have a good time, and Glad will use his contribution to help thousands of people."

Biden may became a leader of the Democratic Party in the 2020 presidential election

Former Vice President Joe Biden is far ahead of the Democratic presidential candidates in the 2020 general election. The latest polls show that Biden is ahead of Vermont Senator Sanders and a large number of diverse Democratic candidates, in part because many Democrats believe that Biden is President Trump's powerful challenger next year.


This week, Democratic leader Biden brought his presidential campaign to New 









Hampshire, a key early voting state.


Democratic presidential candidate Biden said: "Let us remember who we are. This is the United States of America. Anything we decided to do, we have never failed. I refuse to postpone the possibility of this country, we must end now The current government."

Since taking part in the campaign last month, Biden’s lead in opinion polls has expanded. But he still has to face energetic Democratic candidates, including Massachusetts Senator Elizabeth Warren. Warren said: "Our country needs a lot of systematic changes!"


Warren is one of several female candidates, including New York State Senator Kirsten Gillibrand.


Geely Brand said: "I know I can win states like Ohio, Pennsylvania, Michigan and Wisconsin, which we must win to defeat President Trump's state."

Kessler said: "You must treat the president as the most popular when you treat this campaign because he has at least half of the odds. I think the odds are even bigger."

Matt Derrick of George Washington University said that Biden has a long career as a senator and vice president, and has a large number of records that opponents can attack.

Derek said: "I think this makes their road to the White House more difficult because they have a lot of things that can be attacked. And to a certain extent, relatively less experience will increase many advantages, because you are not that big. The goal."

Top 5 Reasons Why Trump Will Win in 2020
However, Joe Biden is currently ahead of other Democratic candidates, and he has never been ahead of the two presidential campaigns.

Zuraida: 10 Local banks take the initiative, to help promote affordable housing plans Msia

With eight Chinese companies preparing to enter the construction industry in Malaysia, they have promised to provide housing loans to low-income groups in China. The Minister of Housing and Local Government Zuraida pointed out that there are also 10 local banks that have made recommendations to the Ministry and expressed their willingness to Ways to assist the government in implementing the affordable housing program goals.

Zuraida said at a press conference on the Speed ​​Home platform launching ceremony that the government is pleased with the recommendations made by local banks. After all, affordable housing plans require the cooperation of banks and financial companies to a large extent.

She revealed that there are currently five banks that are willing to assist the government in promoting the “lease before buying” program, including Allianz Bank, Islamic Bank, Malayan Bank, and Affin Bank. With the support of these banks, and the introduction of a more attractive loan package by Cagamas Berhad, it will be of great help to the government.


Asked whether the local bank made the above suggestions because of pressure from Chinese companies. Zuraida explained that as the government wants to build 1 million affordable housing within 10 years, there are many potential buyers in the market. I believe local banks want to Seize the market share, so take the initiative to cooperate with the government.

She mentioned that although the recommendations made by local banks are not the same as those of Chinese companies, the government is still acceptable. She also welcomes the participation of various financial institutions and companies to contribute to the provision of loans.

Top 5 Reasons Why Trump Will Win in 2020

I can see what you’re doing right now. You’re shaking your head wildly – “No way, this won’t happen!” Unfortunately, you are living in a bubble that comes with an adjoining echo chamber where you and your friends are convinced the American people are not going to elect an idiot for president. You alternate between being appalled at him and laughing at him because of his latest crazy comment or his embarrassingly narcissistic stance on everything because everything is about him. And then you listen to Hillary and you behold our very first female president, someone the world respects, someone who is whip-smart and cares about kids, who will continue the Obama legacy because that is what the American people clearly want! Yes! Four more years of this!

1. The bond market suggests that president Trump will win the 2020 presidential election."Trump's economy will reaccelerate in 2020," says David Ranson, director of research at financial analytics firm HCWE & Co. "2019 will mislead some people into believing that Trump is on the edge."

In other words, the sluggish economy this year could sucker some into thinking Trump will lose.

But like it or not such a thing probably won't happen.

That's precisely the period when voters will be making their decisions about who they want in the White House. If the economy at that time is booming, then they'll likely want that to continue.

2. The Depressed Sanders Vote. Stop fretting about Bernie’s supporters not voting for Clinton – we’re voting for Clinton! The polls already show that more Sanders voters will vote for Hillary this year than the number of Hillary primary voters in ’08 who then voted for Obama. This is not the problem. The fire alarm that should be going off is that while the average Bernie backer will drag him/herself to the polls that day to somewhat reluctantly vote for Hillary, it will be what’s called a “depressed vote” – meaning the voter doesn’t bring five people to vote with her. He doesn’t volunteer 10 hours in the month leading up to the election. She never talks in an excited voice when asked why she’s voting for Hillary. A depressed voter. Because, when you’re young, you have zero tolerance for phonies and BS. Returning to the Clinton/Bush era for them is like suddenly having to pay for music, or using MySpace or carrying around one of those big-ass portable phones. They’re not going to vote for Trump; some will vote third party, but many will just stay home. Hillary Clinton is going to have to do something to give them a reason to support her  — and picking a moderate, bland-o, middle of the road old white guy as her running mate is not the kind of edgy move that tells millenials that their vote is important to Hillary. Having two women on the ticket – that was an exciting idea. But then Hillary got scared and has decided to play it safe. This is just one example of how she is killing the youth vote.

3.  GDP, GDP, GDP!!!
GDP growth rates show a little better news for Trump

With our final two variables, GDP growth and the unemployment, Sides offers one more critical piece of context: The important thing is not the absolute number, but the trend that we’ve seen since the president took office. As Sides noted, Ronald Reagan’s reelection at 7 percent unemployment might seem surprising until you recall the unemployment rate was at 10 percent when he took office.

In general, GDP has been growing a little faster under Trump than it was at the end of Obama’s presidency. Leaving alone whether the president deserves any credit for that improvement, it would bode well for his reelection chances if it continues.

The question is whether it will. The Federal Reserve recently downgraded its GDP growth projections for 2019, from 2.3 percent to 2.1 percent, and for 2020, down to 1.9 percent. It’s not a guarantee, but those projections are a warning sign for the president.

4. JOBS, JOBS, JOBS!!!

The unemployment rate is still going down under Trump

Unemployment under Trump has largely maintained the same trend we saw in the last two years of Obama — by which I mean it’s kept going down.

5. why the wealthy back Trump
When Steve Bannon, who served Trump as chief White House strategist and is now fomenting populist revolution across Europe, called for “deconstruction of the administrative state”, he specifically targeted the systems of taxation, financial oversight, and public accountability that constrain the ultra-wealthy. The American hedge fund manager Robert Mercer, whose $60m offshore “war chest” bankrolled both Brexit and the Trump campaign, only began donating to political causes after the US Internal Revenue Service fined his firm $6.8bn for tax evasion. Arron Banks, the UK businessman with substantial offshore holdings, may have had a similar motivation: he became the largest financial backer of Brexit’s Leave.EU campaign following the imposition of costly international regulatory requirements on his insurance companies.

Even richer is the irony that ultra-nationalist campaigns have been funded by wealth hoarded offshore, courtesy of the same global elites demonized by Bannon and other self-proclaimed nationalists. Populist ultra-nationalism is a project bought and paid for by global elites and their tax haven wealth.

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