Reform on what? You sell an asset you pay the tax on your gains. This construct has existed forever. The fact that you didn't sell the asset for fiat and ins

Reform on what? You sell an asset you pay the tax on your gains. This construct has existed forever. The fact that you didn't sell the asset for fiat and instead bartered it for something else is immaterial in the eyes of almost any tax code in the world. The only reform I see needed is that exchanges could help facilitate reporting these transactions.