Justin Sun is clearly talented at gaining attention for TRON, but one has to conclude he doesn’t know how to be professional about it. At the recent Satoshi Roundtable event, hosted by Bruce Fenton, Sun made quite the splash, and it has his supporters and detractors all riled up.
The Satoshi Roundtable is not organized like a typical conference. Fenton notes that its focus is on bringing people together who normally wouldn’t talk to each other. That means BTC maximalists and developers of other projects, like TRON, might find themselves spending quite a bit of time together, and possibly drinking.
That appears to be the scenario that led to Justin Sun calling Tron a “shitcoin.”
My exclusive interview with @justinsuntron is now available.
Hot tip for a Pulitzer. pic.twitter.com/TZaedkezOX
— Peter McCormack (@PeterMcCormack) February 9, 2020
Although the comment was pretty clearly made in jest, TRON supporters aren’t very happy with Sun’s comments. Several Twitter users noted that calling the project a shitcoin could rub investors the wrong way, even if the comment was made in good fun.
My thoughts as well. It’s funny, sure, but what happens when $TRX takes a dive and investors who have put 10’s of millions into TRON bring this video up & get mad about their investment? I’m sure the law will find this less funny.
But that’s for him to worry about. Lololol
— Blockchain Runner (I ❤️ giving away free ETH) (@bubbles_crypto) February 10, 2020
But that pales in comparison to the BTC reaction to this event. For those who like to pretend BTC is somehow above the practices of “shitcoins,” it was heartbreaking to see Sun having a great time with Blockstreams’ Adam Back, an influential person in the BTC community.
— IT’S THE MONEY, STUPID ┗(°0◜)┛..○ ₿ (@nvk) February 8, 2020
With half of the crypto world asking William Shatner his thoughts on the industry, and photo evidence of the Satoshi Roundtable showing lots of people having fun. But the backlash from the more fanatical and serious investors of each project tells a different story.
I’m back from Crypto paradise. I had a wonderful time meeting everyone at the #satoshiroundtable
— William Shatner (@WilliamShatner) February 10, 2020
With Sun calling his project a shitcoin, and BTC leaders getting flack for even being seen with the man, the movements supporting each project clearly have no appetite for comradery. TRON investors like to pretend they are investing in a serious project, and BTC investors like to pretend they aren’t investing in a scam.
The difference is, Sun is willing to have some fun with TRON. Publicity stunts like a lunch with Warren Buffet, trying to piggyback on a Disney trademark, and laughing it up with Peter McCormack make it pretty obvious that he’s not a true professional. BTC likes to pretend they are above all that, but stories of criminally funded enterprises using BTC and seedy histories of their leaders contradict that narrative.
Investors looking for a true professional blockchain project need only look to Bitcoin SV (BSV). Capable of unlimited scaling and built on the stable, original protocol of Satoshi Nakamoto, BSV is geared towards professional, enterprise development. At CoinGeek London, coming up on February 20-21, a whole world of development will show that investors can bet on BSV companies knowing they are professional, and have the right infrastructure to succeed.
New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.