Michael Saylor says he’s paying bitcoin taxes, unlike ‘crypto-anarchists’
Michael Saylor says he’s paying bitcoin taxes, unlike ‘crypto-anarchists’ MicroStrategy CEO Michael Saylor recently defended his belief that large financial institutions will end up owning a large and ever-growing portion of bitcoin’s supply. In an interview that he proudly posted to X and YouTube, Saylor claimed that the Bitcoin network will improve as companies and governments displace “crypto-anarchists.” When asked about the risk of government seizure as third-party custodians hold more bitcoin on behalf of their customers, Saylor responded, “I think that when the bitcoin is held by a bunch of crypto-anarchists who aren’t regulated entities — who don’t acknowledge government or don’t acknowledge taxes or don’t acknowledge reporting requirements — that increases the risk of seizure” (emphasis in original). Saylor insinuated that institutions like BlackRock or MicroStrategy, unlike self-sovereign Bitcoiners, will reliably file and pay their taxes. The irony of that ...