Bill Miller IV, Chief Investment Officer of Miller Value Partners, questions the rationale of taxing Bitcoin.

According to Mars Finance, Bill Miller IV, Chief Investment Officer of Miller Value Partners, recently stated in the Coin Stories podcast that there is a lack of reasonable basis for the government's taxation of Bitcoin. He pointed out that Bitcoin ownership verification is fully completed through Blockchain, without relying on government administrative systems, which is fundamentally different from traditional assets like real estate. Bill Miller IV believes that the current tax system is mainly used to maintain the property registration system, while the Bitcoin network has achieved automated management of property rights. His father, Bill Miller III, a well-known investor, has revealed that he allocated 50% of his personal assets to Bitcoin and related enterprises.