[jefe_]

A few years ago I experimented with a crypto trading bot. Got busy with other things, and pivoted to less-active strategies. Several months later I was in bed about to fall asleep when I received a tax document from Coinbase, and the first thing I saw was '$150k.' Being relatively new to finance / taxes, and having profited nowhere near that amount, I had a moment of absolute panic. I can still remember getting out of bed and turning on my lights walking to my computer. Of course once I did some research it was clear the number referenced was pertaining to throughput, not gains, but it definitely would have been nice to have some additional context provided in the message from Coinbase. I imagine there is a bit of hesitation on the brokerage side to move in the direction of 'interpreting,' or 'downplaying' some of these more regulatory aspects, but any additional education they could provide would be helpful. Can definitely see how something like this could inadvertently nudge someone already having a tough time over the edge.