You’re responsible for figuring out the cost basis and reporting it. Too much trouble and risk of getting prosecuted if the government thugs don’t think they’re getting their cut
Discussion
its not that difficult, just use excel
that fear you feel is them winning
As soon as you play their game, they win. They get to make more and more regulations and you have to jump through their hoops until eventually it will make sense to leave your Bitcoin with a custodian who handles that crap while you pay your bills with paper Bitcoin. I am holding out for privacy solutions and then I will live on a Bitcoin standard.
I thought you were against giving the government private information.