> Why don't we just apply that policy to crypto? This is the core of the whole issue; IRS (and similar bodies) are deciding what crypto "is", at least for tax

> Why don't we just apply that policy to crypto? This is the core of the whole issue; IRS (and similar bodies) are deciding what crypto "is", at least for tax purposes (as is their purview). That has implication for how and when things are taxed.