"Buffett also said he would steer clear of bitcoin. Buffett said the cryptocurrency is an effective payment system, but so is a check. The idea that bitcoin has some intrinsic value is just a joke.
Well... It's too late for some of us to stay away now.
Remember, this is the same guy that said to avoid investing in internet companies.
For everyone that doesn't know, this could be a marketing ploy, for him to buy up Bitcoin and watch it's value rise, Or it could be genuine. Who knows.