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RE: Every crypto transaction in 2018 is a taxable event, as per the new tax law
At this point the vast majority of Americans have so far declined to learn more than the bare minimum about Bitcoin, cryptocurrencies and the blockchain. And this includes the politicians who passed this new law without understanding the potential of the blockchain and how our investing in ICO's advances technology and improves our everyday lives.
Too bad some of the brilliant minds that are working on these ICO's are not our politicians.
https://gizmodo.com/survey-most-americans-remain-blissfully-unaware-of-the-1820027828
When it comes to profits by a select group with a new technology, politicians do not need to understand it, they just make laws on how much they want to steal in taxes.