someone just told me that tax laws for bitcoin are changing in 2025.

something about finding cost basis per wallet

i haven't even found total cost basis as I tried every exchange under the sun: Coinbase, Blockfi, Celsius, and the list goes on...

then i've sent the satoshis from those wallets to other wallets and mixed it all together.

i think right now it's going to be simpler to just answer any future questions that cost basis was effectively 0.

at a price of 1 million per coin i would only be saving myself 20% of 100,000.

so instead of 1000000-cost basis (~100k) = 900,000 * tax rate(0.20) = $18,000

i will just pay 1000000 * tax rate (0.20) = $20,000

if tax rate is 20%, i will just lose extra $2000 for not calculating cost basis.

I'm lazy, so $2000 bucks to not have to do a bunch of record keeping seems like a steal...