Rep. Warren Davidson’s Bitcoin for America Act (Nov 2025) finally fixes the IRS’s outdated “crypto-as-property” rule. Taxpayers avoid capital gains tax on the appreciated value at payment time. I covered this bill in my newsletter.

Apparently the no capital gains tax provision only applies to tax payments.. Other payments are still subject to capital gains taxes.

Until Bitcoin becomes the global reserve currency, taxes are the last thing I would use it for

It's kinda the same deal if you have any other income other than bitcoin gains. Essentially you can sell without capital gains up to the limit of your total federal tax burden. Say you owe 10k in taxes (from your fiat mine job). Pay the 10k in bitcoin. Use the fiat that you would've spend on taxes, to instead rebuy bitcoin. You just increased your cost basis for free.