But Buffett's point is that each unit of investment he pursues has the potential to produce incrementally more value. You're saying the aggregate technology underlying bitcoin has value - which it does. But you don't get twice the tech value by doubling your amount of coin owned. Conversely, if you double your farm holdings, you have double the ability to produce food.

Also, Buffett's quote here isn't some significantly new perspective. Hasn't this been the primary argument against bitcoin since the beginning?