Justin Sun On Growth Of Crypto

Tron and Justin Sun are getting a lot of attention, but what does this mean for the crypto community? It might not be so great for some. According to Bloomberg, Tron bought BitTorrent recently. This is significant because BitTorrent is being sued for copyright infringement and “unpaid bills.” Hm…this sounds a bit like BitConnect.

BitConnect was a cryptocurrency that supposedly got a lot of attention from people as it jumped from $30 to $300 within two months and then disappeared off the planet within months. A lawsuit just recently started where they are being sued for “deceptive marketing.”

Main Points

Justin Sun Wants to See Forward Movement in Crypto

According to FOX Business, Tron will be implemented in the legal system of at least five countries by 2023 so that it can be a substitute for cash. This is according to Justin Sun’s whitepaper, which he says is a 100% guarantee. However, this might not be such a great idea for some people like Jack Ma and Warren Buffet who have spoken out against cryptocurrencies and the technology behind them. One of the main issues with cryptocurrency is that it is hard to regulate or manage since it is decentralized. Justin Sun has stepped up to the plate by making this a priority and has aspirations to see forward movement in crypto. Although these are just ambitions, it shows that early adopters and innovators are willing to take risks in order for things like cryptocurrencies and blockchain technology to change the world.

Investment advice

Although BitConnect was shut down, Justin Sun is proving that all hope is not lost even though there are problems surrounding cryptocurrency and blockchain technology. The short-term goal is to get Tron adopted as an alternative to cash by 2023 says Sun.

Learn more about Justin Sun: https://ideamensch.com/justin-sun/