As an investor that's a bad idea. As a citizen of a democracy this is also a bad idea... IRS should have no problem with bitcoin, as it's more traceable than cash. You seem to think IRS will kill bitcoin for no good reason, in which case it's your duty as a democratic citizen to object to such nonsense.
I mean the mechanics of it. The IRS is likely right now formulating means for demanding a record of Bitcoin payments recieved. No doubt the IRS realizes that Bitcoin is a new reality. They have no reason to want to stop it, but their mission is to make sure proper taxes are collected and no income remains hidden.
I'm not sure what you mean. Are you avoiding it until guidance on how to use it in a tax compliant way is made? Or are you planning to not use it if IRS gets involved?
