Mag Promo Independent. But by discouraging the real-world use of cryptocurrencies as money for purchasing goods, the IRS is reducing the incentive for companies in the space to build robust tools to track spending and improve tax reporting. This division only grew sharper in the years, and led last year to the fork in protocols of bitcoin and bitcoin cash. If you give crypto to a friend or family member—to anyone really—ask how much it is worth. Jackie Flynn Mogensen. We have a new comment system! The guidance Stepping back, when that guidance came out in March , the market looked very different.