>If you “sell” your money, say to buy a car, the government does not tax you on that transaction, claiming that you earned a “capital gain” on your money. So wh

>If you “sell” your money, say to buy a car, the government does not tax you on that transaction, claiming that you earned a “capital gain” on your money. So why should you be taxed on the capital gains if you used crypto to buy a car? This is complete nonsense. You aren't taxed on buying something, you are taxed on realizing the gains you have achieved. If you traded some stocks to someone to buy their car, you would similarly be taxed on the portion of the sale price that was attributed to realized gains.