Like every other part of the USG this service struggles to keep up with the times. They need to simplify their rules and operations down to a basic core. Probably doesn't help that they're reason for being is being undercut by increasingly faster money printing.

This is nice to see i was thinking it's gonna happen ohhh noo lol

This is like taxing silver dollars that you accumulate over 30 years. Say you got one a week for 30 years that's 1560 dates. Just bullshit.

Maybe they should hire another 10,000 agents to figure this all out.

Wow!! Thanks for posting this. You know all the FUD around this was crazy. I think accountants were using this to stroke fear and generate business. Lots of bitcoiner influencers got in on this to do this safe harbor exercise. All of that just for it to be suspended.

But I’m not surprised the US government is a joke and a cancer on modern society.