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Seeking Alpha 2022-03-23 16:20:12

Bitcoin: Is It A Buy, Sell, Or Hold After Biden's Executive Order On Cryptocurrency?

On March 9th, the Biden Administration signed an executive order outlining their objectives to ensure responsible development of digital assets.The key takeaway is the US government is not anti-crypto and is putting Bitcoin on the same footing as property like stocks and bonds.The government could have chosen a few years ago to tax Bitcoin as a collectible and tax it at a higher rate, but it did not.Other interesting regulatory developments for crypto at home and abroad.How much of your portfolio to hold in Bitcoin? We take a mathematical look.

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