Yes that's definitely a big reason why only 0.04% of people who have filed tax returns this year in the US have reported crypto gains / losses/ anything crypto related. 1--it's a huge burden and honest reporting is just as likely to lead to being audited as not reporting any crypto activity (in my opinion) 2--The government has very little resources at this time to track people's crypto profits like they do with forms sent to the IRS via stock brokers.

Many tax services and CPA's don't even know how to approach reporting crypto transactions for tax year 2017 right now. So it's up to the individual.

Boooooo US government.