They kind of did. It's defined as property, so every time you spend it, you trigger a taxable event and need to calculate capital gains or losses, which of cour

They kind of did. It's defined as property, so every time you spend it, you trigger a taxable event and need to calculate capital gains or losses, which of course can get absurdly complicated if you use it for everyday purchases. That's why most people are using it as a kind of savings account, where they rarely liquidate larger amounts into the local fiat when they need it. Of course, now that's not necessary in El Salvador since it's now a legal tender alongside USD. That's the first country where it's use as a currency can really be tested en masse. Still too early to tell how that's going to work out.