{"id":161973,"date":"2025-07-07T09:00:53","date_gmt":"2025-07-07T06:00:53","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=161973"},"modified":"2025-07-07T02:05:58","modified_gmt":"2025-07-06T23:05:58","slug":"bitcoin-shouldnt-be-taxed-says-fund-manager","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-shouldnt-be-taxed-says-fund-manager\/","title":{"rendered":"Bitcoin Shouldn\u2019t Be Taxed, Says Fund Manager"},"content":{"rendered":"<p data-start=\"425\" data-end=\"663\"><strong><a href=\"https:\/\/x.com\/natbrunell\/status\/1940427760976965890\" target=\"_blank\" rel=\"nofollow\">Speaking<\/a><\/strong> on the \u201c<em data-start=\"441\" data-end=\"455\">Coin Stories\u201d<\/em> podcast, Miller explained that unlike assets such as real estate, where taxes fund the upkeep of ownership records and legal frameworks, Bitcoin\u2019s decentralized blockchain handles those functions on its own.<\/p>\n<p data-start=\"665\" data-end=\"835\">\u201cWhen you buy a home, taxes go toward recording and enforcing property rights,\u201d he noted. \u201cBut with Bitcoin, none of that is necessary \u2014 the blockchain automates it all.\u201d<\/p>\n<p data-start=\"837\" data-end=\"1056\">Since the government neither created nor maintains Bitcoin\u2019s system, Miller believes it makes little sense for them to collect taxes on it. \u201cIt\u2019s important to remember \u2014 the blockchain handles property rights natively.\u201d<\/p>\n<p data-start=\"837\" data-end=\"1056\"><style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<\/p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/?p=155870\" title=\"Trump Coin Pumps Over 30%, This Meme Coin is Set for Even Bigger Gains\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Trump Coin Pumps Over 30%, This Meme Coin is Set for Even Bigger Gains<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p data-start=\"1058\" data-end=\"1336\">He also commented on recent political speculation, including Eric Trump\u2019s alleged interest in scrapping capital gains tax on some digital assets. While Miller isn\u2019t sure such proposals will succeed, he said the absence of a wash-sale rule for Bitcoin is already a positive step.<\/p>\n<p data-start=\"1338\" data-end=\"1508\">When asked whether Bitcoin could one day be subject to annual property taxes like real estate, Miller remained skeptical, saying there\u2019s a reasonable argument against it.<\/p>\n<p data-start=\"1510\" data-end=\"1761\">He also pointed out that even professional investors face barriers when it comes to crypto. \u201cTax rules are still unclear, especially when it comes to how income from crypto ETFs is treated,\u201d he said. \u201cThat\u2019s why I keep saying \u2014 it\u2019s still early days.\u201d<\/p>\n<p data-start=\"1763\" data-end=\"1985\">Miller IV comes from a legacy of bold investors. His father, Bill Miller III, famously beat the S&amp;P 500 for 15 years straight and has publicly said that half of his net worth is tied up in Bitcoin and crypto-related firms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bill Miller IV, chief investment officer at Miller Value Partners, argues that the U.S. government has no legitimate claim to tax Bitcoin ownership, as it doesn\u2019t require any state infrastructure to manage or verify property rights.<\/p>\n","protected":false},"author":9,"featured_media":22278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72],"class_list":["post-161973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - 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