The IRS is delusional if they think selling 130k BTC in one day wouldnt crash the price and therefore they should still be taxed at the highest price of a given day. Its like valuing private companies that are illiquid with no buyers in sight.

1) Premine 100 trillion tokens

2) Sell one to yourself for $1

3) You now owe the IRS full Expatriation taxes on 100 trillion dollars ($1 per token for 100 trillion premined tokens) despite having $1 total ever traded for your tokens. So you owe them $20-$40 trillion dollars...

Sounds like a joke, but they just arrested Roger Ver for this type of event.

This is how BTC marketcap is over 1 trillion, despite Tether for every crypto only being 100 Billion.