Buffett dont need to no anything about tech or blockchain to know with almost certainty that cryptocurrencies will come to a bad ending. for the simple fact they have gone up to fast. buffett is too old too wise and to clever to be dismissed as some old Dinosaur who dont get blockchain. you can talk about dotcom that he not understand that and missed out but look at the companies that survived probably only 2% and the ones that did survive im pretty sure still lost 90% of there value and took years to recover. This guy is the yoda of the financial markets. Also pay close attention to those corrupt stock markets. because when they have a dip so will all cryptos.
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If you're saying he made the claim it will have a significant pullback, that's true. I respect Buffet as his success speaks for itself.
I just think when he said crypto is near certainly doomed to fail that's an uninformed statement. If we went with that logic then none of us would have much reason to be here, especially those buying thouasands worth of STEEM and more. I have faith in it and my own money in it and other cryptos. And it (STEEM) already served me well--about four six fold on my investment here so far plus dividends (curation rewards.