https://motherboard.vice.com/en_us/article/mbb8jv/lawmakers-introduce-bill-that-will-let-you-buy-coffee-with-bitcoin-without-paying-capital-gains-taxes > Despite its sky-high value, there are many barriers to using Bitcoin for normal things like buying a coffee or groceries. Some of these obstacles are technical, and some social, but a big one has always been the question of taxes. > Right now, every single Bitcoin transaction in the US, no matter how small, must be recorded and later reported to the government in order to pay a capital gains tax. This tax is normally incurred when selling property, stocks, or precious metals—not domestic currency.