the common man is not. He has all sorts of things to balance, such as reporting his unemployment assistance, tax credits, solar installation energy credit, alternative minimum tax, etc....
It would be a very uncommon man who managed the complexity of the tax code at that level of detail. I think the overwhelming majority either outsource tax concerns and take general advice from experts, or simply don't plan at all. Definitely a software development opportunity in any case.
I still want to know who AnonyMint is referring to that is going to get burned by the IRS policy on bitcoin.
It's not poor people, they owe no tax at all.
It's not rich people, they are already accustomed to handling CG with their other investments, and their use of bitcoin as a currency will incur negligible CG tax compared to their investment activity.
It's not middle class people like me - given a choice between taxes on gains and no gains at all, I choose gains.