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Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats by vmception on Saturday September 26, 2020 @11:42AM (#24599605)
That’s how it also should work, if you are using a volatile asset. Not everyone using crypto is using volatile cryptos, and not everyone using volatile cryptos is holding them long enough for capital gain/loss to be the primary concern, meaning there is likely a more relevant tax report such as a income tax or a deduction against income tax.

So the assumption is flawed. The priorities in reporting are flawed.

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