Bill Miller argues against taxing Bitcoin, believes its self-regulating nature eliminates need for taxes.

Bill Miller IV, chief investment officer at Miller Value Partners, argues that governments have no right to tax Bitcoin because ownership rights are managed by blockchain, not government infrastructure. Miller believes that Bitcoin’s self-regulating nature eliminates the need for property taxes or capital gains taxes, making it a unique asset class. Traditional asset managers still face uncertainty around taxation rules when buying Bitcoin, hindering widespread adoption. Bill Miller IV, son of legendary investor Bill Miller III, advocates for Bitcoin as a key investment in his portfolio, signaling confidence in the asset’s long-term potential.

Read more at Cointelegraph: Bill Miller Challenges the Logic Behind Taxing Bitcoin