That's a good point, because other currencies also go up and down. Why are the rules not the same? It might be because the USD is more expensive than mostbof them (except british pound and euro), so it's not in govt interest to let ppl write off capital gains losses when they devalue.
Final note, I promise, is that this is all so fucking complicated because BTC is discriminated against as a currency. NO OTHER FOREIGN CURRENCY has to deal with this capital gains bullshit. If you are using BTC for your business, kick some money to some BTC trade associations and sign up for/donate to https://www.satoshiaction.io/
They are the ones who got the BTC reserve bills to happen. Participate in elections, especially primaries. We can end this capital gains nonsense if we push.
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