Taxing Bitcoin ‘doesn’t make a ton of sense’ — Fund manager

Key Points

1. Bill Miller IV stated that the government shouldn't tax Bitcoin as it requires no work on their end and the blockchain handles ownership recording.

2. He compared Bitcoin to real estate, noting that the government doesn't need to track ownership for Bitcoin as it does for property.

3. Miller expressed uncertainty about Bitcoin ever having a property tax but suggested there's a good argument against it.

4. He highlighted ongoing uncertainty and impediments around Bitcoin taxation, even for fund managers.

5. Miller is the son of legendary investor Bill Miller III, known for his investment success.