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According to a report by Jinse Finance, Bill Miller IV, Chief Investment Officer of Miller Value Partners, stated that the government has no right to tax Bitcoin because managing its ownership does not incur any administrative costs. "It's simply unreasonable for them to reach out and tax it," Miller said during an interview on the "CoinStories" podcast hosted by Natalie Brunell on Wednesday. Miller, known for his early support of Bitcoin, pointed out that unlike traditional assets such as real estate, Bitcoin does not rely on government infrastructure to verify or enforce property rights. "When you buy or sell a house, all the registration fees and various taxes are used to record who owns what," Miller said.

According to a report by Jinse Finance, citing The Wall Street Journal, neither Elon Musk nor his advisors have filed documents with the U.S. Federal Election Commission indicating the establishment of a new political entity called the "American Party." The name of this party is similar to the America PAC, a U.S. political action committee he helped establish. Documents show that through this political group supporting Trump's campaign, Musk spent nearly $300 million in 2024 to assist Trump and other Republicans. Although third-party candidates in the U.S. have never become president, they can play a disruptive role by drawing votes away from the two major parties. (Jin10)