Why isn't the dollar taxed when it is spent (to account for the unrealized gains) when the value of the dollar has risen? Why can't one take tax deductions on the dollar when the value at the point of purchase is less? This would be great because the dollar has lost lots of value and the IRS would go bankrupt. With Bitcoin, one has to account for the gains at the time that it's spent. We need to see Bitcoin like cash and get rid of the regulatory nightmare and then people would be using Bitcoin as cash. Where can one get a Bitcoin Debit card? I had one from Coinbase and they seem to have discontinued them.