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Fund Manager Argues Taxing Bitcoin 'Doesn't Make a Ton of Sense'

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Fund Manager Argues Taxing Bitcoin 'Doesn't Make a Ton of Sense'

Fund manager Bill Miller IV argues that taxing Bitcoin is illogical because the government doesn't manage its property rights—the blockchain does. His view contrasts with IRS regulations, which treat crypto as property subject to capital gains and income taxes, creating ongoing uncertainty for investors.