Harvard sold its Bitcoin and paid zero tax on the gains. When you run a public charity with an endowment, trading inside it works like an IRA or an insurance policy. The endowment can make a fortune on startups or crypto, sell all of it and owe nothing, then roll every dollar straight into the next investment. So whatever Harvard made on Bitcoin and ETH was tax-free, and now it can pivot into AI without the IRS taking a cut. This is the kind of structure the ultra-wealthy build once the money is real. Follow for more on how big money legally avoids the tax man. #xrp #llc #jakeclaver #cryptonews - @jakeclaverqfaq