If you have every bought cryptos with a credit card you may want to pay your taxes. If you have tried to be more careful with the mixture of fiat and cryptos you may be safer. I am no computer expert but I never trusted the bitcoin on ramp of Coinbase. I got my first btc through local bitcoin using aliases. On a scale from 1 to 10 I rate my purchases a 6 on the paranoia scale. I believe when America gets poorer it will become more fascist so no one is safe. The baby boomers will vote for tyrant after tyrant to ensure their standard of living never changes and millennials will vote for demagogue after demagogue to ensure poverty is equally distributed.
If you are into cryptos officially and you file all your taxes like a good subject what will be a line too far? We are at a cross road. Will we demand more freedom? Or will we allow these new technologies to enslave us? We have the technology to fund directly and get receipt of how it was spent. Wow!!!! The people have the power again, now what are we going to do with it? I have no doubt that sooner or later your private key in a multi-sig configuration would be the cost of doing business with the irs. I have less than $500 in cryptos but I like to feel if I had 1mil I would feel the same way. The irs has made their offer now its time we counter that offer. The game has changed lets act as such and pull the tail from between your legs.