Originally, I thought there wasn't much to explain, but I found that some friends are still not very clear. In fact, the United States does not have a law to tax unrealized profits. In 2021, Biden did mention a plan to impose an unrealized capital gains tax on ultra-high-net-worth investors with assets exceeding $100 million, called the "Billionaire Minimum Income Tax." However, this proposal did not pass Congress due to significant controversy.

In simpler terms, unrealized gains are like the floating profits and losses in our accounts. For example, when $TURMP just landed on #Binance, some friends had floating profits of about $10 million, but when $Melania issued its token, your floating profit might have dropped from $10 million to a loss of $1 million.

In this case, how can you be taxed on your account? Essentially, "unrealized profits" cannot be taxed; only when you settle and convert it into fiat currency can you be taxed. Therefore, there is no such thing as "massive taxation" on $MSTR.

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