It does complicate things. Seems to me you’re going to have to determine a basis for any that are sold/traded for FRNs. Not sure how it will work if you simply trade them for some other good or service. I guess I should actually read the guidance I myself linked to before speculating. ;)
Are Bitcoins are Deemed “Property”, like an equity/Stock or “Real Property” like a home/car/pair of underwear?
There’s a huge difference.