It's very different in a practical sense. If anyone reading this has crypto holdings, you're giving them false information about what they need to report.

Well, I certainly hope that no one is fucking stupid enough to take tax advise from rabid anti-communists on an internet forum. That would be really stupid. I don't even think I would take my own tax advice.

Anyways, I don't think it's going to go away, someone's going to want to exploit the fact that it exists, and get a cut of it in some way. Probably a more likely solution is that they introduce some kind of special Crypto-Capital-Gains tax, or that you can't trade crypto without an authorized wallet from a major bank. Something that makes sure the banks get to profit no matter what.