RE: Legal Precedent? IRS Will Not Tax Unsold Tokens?

Obviously taxes suck, but I'm mostly worried about being expected to keep tabs on every little micro transaction, and how much something is worth at the time of earning it. It just takes all the excitement out of it and makes the whole thing a headache that is probably one of the biggest things stifling the entire space. There are a ton of ways they could make it more reasonable (even if not ideal), and it sounds like we are moving towards that. I hope this moves develops quickly.

Earned crypto not taxable til exchanged to another crypto (at whatever price it's exchanged at) would even be reasonable enough and make de-fi and hive a whole lot easier to report. Not taxed until exchanged for fiat would be better.