RE: At some point all the big Macro Funds will have a 1% position in Bitcoin

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At some point all the big Macro Funds will have a 1% position in Bitcoin

in bitcoin •  6 years ago 

My guess is that it would more likely be a boon. On years when bitcoin is down, tax returns likely offer some potential buying during the Spring of the following year. On years when bitcoin is way up (like 2017), taxes due in the Spring of the next year are likely a major drag on prices...

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