Warren Buffett holds an annual meeting of shareholders. Everyone who has invested money in this talented investor is invited to it. As one of the largest investors, I also received an invitation. I was standing, drinking champagne with friends, and then Warren Buffett noticed me and called me over and said:
— Dmitry, I heard you invest in cryptocurrency. It’s true?
- Yes, I answer, it’s true. I decided to invest in the future, so at least 20% of my portfolio will be kept in cryptocurrency.
— (Warren) And I still don’t understand the value of bitcoin, can you explain it to me?
- So the cryptocurrency is not limited to bitcoin. There are many other cool projects that still perform many functions.
— (Warren) Give an example. Do you have interesting cryptocurrencies in mind?
- Cryptocurrencies are wonderful because they do not have the location of any particular country, they are made immediately for the whole world. But there is a project in which I am going to invest one of these days is CUDOS.
— (Warren) What are the advantages of CUDOS?
- It’s a cool idea. Have you heard about super computers?
— (Warren) Yes, he is at Stanford University
- Exactly. But why make 1 big computer when you can connect a million small ones. That’s what CUDOS is doing. Imagine how many opportunities will open up for the creation of artificial intelligence, medical research and much more where the threshold of entry was hundreds of thousands of dollars. Now it can be started by a simple student anywhere in the world using thousands of computers. CUDOS partners with AMD to do great things.
— (Warren) Where do they get these hundreds of thousands of computers?
- The power of their computers is given by ordinary users around the world. Anyone who leaves a computer idle can give it to CUDOS and get paid for it.
- And these are not all the advantages, but only those that I can explain in simple language. You can talk about CUDOS for hours. I said and finished.
— (Warren) It was very interesting, but I didn’t understand a lot, so I invite you to my office for a cup of coffee, where you will tell me about it in more detail.
Agreed, I said, we shook hands and each went about his business …