Justin Sun leaves Tron

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2 years ago
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We know cryptocurrency universe has many various personalities that can create controversy. Elon Musk, CZ, Vitalik Buterin, and .... JUSTIN SUN. I know some people don't like him at all, but I think the latest news that concerns him is pretty interesting.

Who is Justin Sun ?

His real name is Su Yuchen, and he was born in Shandong (China) in 1990. Several sources tell that his parents were really aware of giving him a very good education. About this, he's got diplomas from reputable universities :

  • A History diploma from Beijing university.

  • A Human Sciences diploma from Hong Kong university.

  • A political economics diploma from Pennsylvania university.

We can also add a diploma from an entrepreneur's university "Hupan" funded by Jack Ma and which is very selective.

Justin Sun rather likes when we compare him to Jack Ma, even though he's not as rich and famous as him.

 

Justin Sun and the cryptos

He's from the lucky boys that heard about $BTC when it was $10 worth, in 2012. And contrary to many others, he didn't miss that insane opportunity and purchased some. A bit later, in 2013, he worked with Ripple as a representative and consultant for their development in China, and as you probably know it, Ripple is not the crypto company that makes the community unanimous.

But that's not for those achievements that we heard the most about him. Indeed, he's also the founder of Tron blockchain and he bought BitTorrent for more than $1 billion before making a $7 billion ICO around this project. It seems important to precise that he's a close friend of Changpeng "CZ" Zhao, Binance's founder, which helped a lot in $BTT 's token rise.

During his interview with Forbes when he appeared in the "30 biggest Chinese businessmen under the age of 30" standing, Justin Sun said this about cryptocurrencies :

In my opinion, the heart of reliable finance is its value. All the parts of the system are like droplets of water. If you don't combine them, the water can't flow, it can't be used, and the value of a drop will quickly evaporate. However, if you have a complex mechanism that can reflect the real value and transfer it into the hands of those who need it, that mechanism will be very valuable.

As we can see, what's most important and impactful according to him is the fact that many people in the world have not access to financial organism and could get this access with cryptos.

 

Leaving Tron to become Grenada's World Trade Organization Ambassador

It's surprising seeing Justin Sun leaving the Tron project as their roadmap was written until 2027. However, the reason he made this is comprehensible, as he will serve a country, Grenada, as World Trade Organization Ambassador.

He will not go full out of crypto business as he will act in the development of crypto legitimization and regulation in Latin American countries but it seems like his new position will make him more "partial". During an interview from last week, he told about this switch in his career :

My career in the future … will focus on the legitimization of blockchain technology on a nation-state level

And you, what do you think about this news and what do you think about Justin Sun in general ?

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