You might be the very person that the OP is talking about. You bring up topics that were resolved years ago in tax law and think they are new topics. > I reall

You might be the very person that the OP is talking about. You bring up topics that were resolved years ago in tax law and think they are new topics. > I really don't think its that simple. Do you get taxed when dollars deflate ? do you claim a loss when dollars inflate? Are you trying to argue that Bitcoin is on the same footing as USD, because it is not. Bitcoin is treated like gold or any other asset. It has a value when you acquire it and it has a value when you sell it. This value is in USD as far as the IRS is concerned. > you really don't have to go in and out of USD with crypto currency .. you never have to touch USD again. sure they can try auditing your assets vs your salary and come up with some bullshit number you will then have to fight, but there will be many ways to come up with how much you owe Your Bitcoins are worth a specific value at any moment in time. Again, when you buy it, it is worth X amount of value and when you sell it, it is worth Y amount of value. That value is in USD. Do the math like you bought or sold gold or silver. > and what if you elect to get your salary in crypto currency? if that currency inflates what taxes are you paying? Simple. You are paid X amount in USD and that is given to you in Bitcoin. Your employer is writing in their ledger that they paid you X amount of USD. If you get your paycheck in gold or silver or Bitcoin is irrelevant. Your value is in USD as far as the IRS is concerned and you and your employer will pay taxes on that.