"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.
While I think he is wrong on this one, I have done quite well over the years listening to Buffett. And his Internet comment you make fun of probably saved me from moving to a smaller house.