The IRS apparently sent a courtesy update (sounds better than "warning shot") to some cryptocurrency enthusiasts who may have underreported their incomes.https://www.wsj.com/articles/irs-sending-warning-letters-to-more-than-10-000-cryptocurrency-holders-11564159523?mod=rsswn …
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Spoiler alert: bureaucracy isn't just incidentally able to deal with sort of issue, bureaucracy is *optimized* for dealing with this sort of issue. Busting horizontally scaled tax evasion through financial instruments tied to banks is one of things that the IRS does best!
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Our government might have its flaws but it's _very_ good at collecting its money...
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