With things like Lightning tipping, implemented on stacker.news and nostr, a normal person could easily do tens of thousands of tiny Bitcoin payments in a year,

With things like Lightning tipping, implemented on stacker.news and nostr, a normal person could easily do tens of thousands of tiny Bitcoin payments in a year, each with a theoretical capital gains reporting requirement. This is ridiculous, which is why most countries don't apply capital gains to currencies regardless of how volatile they are. Bitcoin should be treated no differently. You're already taxed on the income used to buy the currencies in the first place anyway.