@kingscrown thanks for your post and for referring to the legislators.

I believe the bill you're referencing is the Virtual Current Tax Fairness Act of 2020 (Coinbase). I haven't dabbled in cryptocurrency trading yet, but I can imagine the difficulty in reporting the use of crypto in day to day operations. It's a darn frustrating scenario to have to determine appreciation or depreciation to buy their example of a cup of coffee.

The $200 limit appears low, but I guess it's better than nothing. Anyway, thanks for sharing and I look forward to your future insights.