Tax and bitcoin

This whole tax thing is a fucking joke. The greybeards at IRD and treasury are making policies on this stuff before they understand it. To be fair, its complicated because it can represent cash, an asset, and tradable goods or commodities. This doesnt excuse the FUD and ignorance going on in the halls of power. The banks are where we users see it, but in their defence, they are struggling to keep up with poorly made regulations. Cash: used for tipping online and small purchases. If i earn cash as a business i pay tax. If i spend cash its not my problem, assuming that i earned my cash legally. Cash income, includes mining staking rewards, would be liable for a small amount of tax at your current rate. Should be calculated at the moment its converted into fiat as thats when you know the value. Asset, the bitcoin whitepaper describes a cash system and im sticking to that. I use it occasionally for tipping online mainly to gather knowledge about how this revolutionary new system works. NFTs are an asset and we do not have a capital gains tax here. The IRD can fuck right off. Their statement is that if you buy an asset with the intention of selling then the gain is taxable. I intend to never sell. Trading: would qualify as a business so i dont do it. Its also such a volatile market that its too risky for me. It can be a commodity, but again, i stay away from that. It seems clear to me that it would be foolish to ever sell crypto, and if we needed money the correct strategy would be to borrow against it. They are currently taking submissions on this stuff and i would like to see the local community getting involved in making them. For example, its common around the world for each transaction or trade to be treated as 'a taxable event' rather than the moment when you convert it into fiat. This makes the whole thing so complex its almost unusable unless you record every single transaction. America, in spite of all the bullshit they talk about freedom, is leading the way with punitive regulations that will cripple this emerging tech and allow their competitors a huge advantage. Thoughts?