not necessarily, the IRS declared cryptoassets to be "property", which is inadvertently subject to like-kind tax treatment unless a specific exception is made,

not necessarily, the IRS declared cryptoassets to be "property", which is inadvertently subject to like-kind tax treatment unless a specific exception is made, which has not been made. "cryptographic hash inputs" which are colloquially called cryptocurrencies are functionally similar, and are subject to like-kind until a specific exception is made. the IRS inadvertantly made altcoins the biggest potential tax shelter in history.