$BTC
Fund manager Bill Miller IV claims that the government should not have the ability to tax Bitcoin, as it does not require any effort on its part.
According to Bill Miller IV, Chief Investment Officer of Miller Value Partners, governments have no right to tax Bitcoin because managing property rights does not require administrative effort.
"It makes absolutely no sense for them to stick their hand in there," Miller told Natalie Brunell in the Coin Stories podcast on Wednesday.
Miller, known for his early
$108,745
support of Bitcoin, stated that Bitcoin does not rely on government infrastructure for verification or enforcement of property rights, unlike traditional assets