I'm a little slow on the math. Please help

Example in staking.

I have enough ADA to earn 1 Ada each week that is worth 1 US dollar (all of this is made up for simple math because I am an idiot). The day I receive it I owe dividend taxes based on my income at 20someodd percent? I think I have that correct.

Now same day I swap that ADA worth 1 dollar for bitcoin, triggering another taxable event? Because I paid 0 for it as a dividend and am selling it essentially, I am taxed again on the full amount? Twice for over 40%?

Then when I sell that bitcoin it it goes up im taxed on the profit only?

This seems absurd and hard to track.