[dogma1138]

It’s not the just the IRS it’s every tax authority on the planet, you can no more buy a Tesla with bitcoins without triggering a capital gains assessment then you can buy a house from someone by trading in your stock portfolio without accounting for capital gains.

Crypto just makes it easier for the time being because the transaction are not as well regulated or tracked as stocks or other valuable assets.

Fine art is constantly used for example for under the table deals but we have a name for it - tax evasion.

If you bought Bitcoin for £1000 and now it’s worth £100000 if you want to buy something for £100000 you can buy you also need to pay capital gains tax on £99000 worth of gains.