What say the Nostr community about the fact that every single zap is a taxable event?

Does this not prohibit all law-abiding citizens from wanting to participate in Bitcoin?

There is the Virtual Currencies Tax Fairness Act that was introduced to the House of Representatives exempting transactions under $200, but what about RIGHT now?! Seems impossible to account for every zap and the capital gains and losses on each transaction.

How can a Nostritch stay compliant with the current rules?! This is a mess as it stands. Let’s hope the <$200 house bill passes and soon.