The FED has no authority over "Non-Federal Funds", they would not accept crypto-currencies as payment for taxes, so i.e. crypto-currencies are not recognized as Federal Funds and are therefore non-taxable. To pay taxes on crypto-currencies is purely voluntary and to do so is madness.
The FED does recognize the fact that Non Federal and Unrestricted Funds exist as such are often cited under CAP law ( Child Access Prevention law). As virtual currencies, such as Bitcoin, rise in prominence and become part of an increasing number of everyday transactions, federal, state and international governments have been issuing new legislation, regulations and legislation proposed as "guidance" in respect to the supposed protection of consumers and the marketplaces while supporting innovation. In response to uncertainty about the taxation of virtual currency, the IRS released "guidance" treating virtual currency as "property", not currency for federal income tax purposes in Notice 2014-21. However, Notice 2014-21 left several major issues unresolved, and practitioners and taxpayers are seeking additional guidance. This white paper explores the many questions and concerns that have been raised by Bitcoin and other virtual currencies.
http://news.cchgroup.com/2017/01/23/rise-regulation-virtual-currency/
"There are two types of legally defined "property": real property and Personal Property. Most of the legal concepts and rules associated with both types of property are derived from English Common Law. Modern law has incorporated many of these concepts and rules into statutes, which define the types and rights of ownership in real and personal property."
The FED is not a worldwide regulatory authority as there are places where they have no authority at all. So their reach is limited and what we must do to protect our "property" from their criminal and non-transparent activity is to place it out of their reach. Somewhere like an "Offshore" kind of protective solution.
"Why go offshore?" the Equity Development Group website asks. "Protection from lawsuits, Financial privacy and Regulatory advantages." All the same reasons that the FED has their own form of "offshore" kind of protection in Washington DC, because there they are beyond the reach of American Law because DC is not part of America, they are not bound by American Law, our Constitution or any American regulation, But are free and indemnified in their own "City State". The People can and should exercise the same protections as the corporations
Example: If I make a purchase outside of the jurisdiction of the FED, pay for it with currency out of their jurisdiction and have it shipped to my home in America. The only authority they have is over the property received as all transactions are not under the jurisdiction of the FED. Pay no taxes on crypto-currencies until the law is made clear and then only if binding.