Reportedly US Banks are going the treat Bitcoin (BTC), Ethereum (ETH), and all crypto purchases same as Cash. In the crypto economy, this move is going to be a milestone.
Don't you think even if it's done then it would effect you negatively too. You can be held for your taxes directly when you earn btc because you are earning money. Moreover it's make easier for them to confiscate your money because now they will be confiscating cash. I don't know why are people Happy on this as it was already legal in US.