Thanks for your read on it. Okay, now -- later you sell those Crypto N coins. What is your cost basis? You also sell the M coins, whats the cost basis there?

Thanks for your read on it. Okay, now -- later you sell those Crypto N coins. What is your cost basis? You also sell the M coins, whats the cost basis there? [FWIW, I think the way you're reading it has fewer absurd effects, I'm just struggling to convince myself that they actually meant what you're describing.]