Grayscale Bitcoin Trust (GBTC)

[Tenured]

Actually soon as I pressed enter I realized that's what you likely meant.

That sort of makes sense but to me if you can specifically track/designate which coins are being exchange etc like you can with stocks.

The part that is confusing to me relates to how the government is going about explaining or creating the exemption. If it's party to party they say it's comparable a like kind exchange but the presence of the intermediary like coinbase somehow violates the like kind principle.

In any event that's not my primary concern these days.

Glad you figured it out and explained it. Thanks! Better safe than sorry when it comes to taxes.