Crypt0scientist, Aren't there tax fees associated with exchanging Crypto to fiat?  From what I understand, if I exchange my bitcoin to fiat on Coinbase, I would be required to fill out tax form, Schedule D, at the end of the year and pay tax on capital gains. However, if I choose not to cash out any profit made and just use the Crypterium's services to pay for stuff, then there is not need to fill out any tax forms? How does that work exactly?