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Warren Buffett: Still Not Touching Bitcoin More on: Bitcoin soared to all new heights recently after news that the Tesla(NASDAQ:TSLA) Bitcoin investment hit the market. The cryptocurrency was worth over US$48,600 Thursday, February 11, 2021. Warren Buffett has never been a fan of Bitcoin, and the chairman of Berkshire Hathaway has even gone on to say that cryptocurrencies have no value because they do not produce anything. He also said in a CNBC interview that he has never bought any crypto and does not plan to buy any in the future. Since Buffett made that remark, Bitcoin’s value against the US dollar has appreciated more than fourfold. Elon Musk’s investments have led the rally for cryptocurrencies like Bitcoin. The question is: Was Buffett wrong to bash cryptos by calling them worthless, or was Musk right to buy US$1.5 billion worth of Bitcoin? ....