Sign up for our Telegram channel for daily crypto news • Follow us on Twitter for new article updates • If you are new to Crypto, check out our Crypto Education section

Bitcoin is Property Redefined

In 2014, the IRS declared that Bitcoin is legally property and should be taxed accordingly. Fast-forward to today, this declaration may have given Bitcoin the key defining characteristic to blast it into the one trillion dollar stratosphere. In this video, Michael Saylor explains why Bitcoin is property redefined. There are no other forms of property existing today on a highly secure network and capable of being transferred peer-to-peer without friction.

If you can handle the volatility, Bitcoin is a more perfect store of value than any other asset (please note this is not investment advice and it is important to do your own research).

Michael Saylor has stood behind in words transferring MicroStrategy’s wealth (and his personal wealth) into Bitcoin.

There still may yet come a day when Bitcoin becomes the foundational currency of the world’s economic system. But for now, Bitcoin is property redefined.

For more Michael Saylor content, check out these Best Michael Saylor Quotes.

For daily crypto news, be sure to sign up to CryptoLiberate’s Telegram Channel.



Like this post? Please share!

Share on facebook
Share on twitter
Share on linkedin

Leave a Comment

Get Our Exclusive Free Articles
Sign up for our FREE, exclusive content on revolutionary crypto projects, building a truly decentralized lifestyle through sovereign wealth, and expert guidance on how to prosper from crypto.​