I invented a new technology that kills your gain taxes on crypto transactions and trades... or so I think :)
I am hoping that this is the case but I am not really sure and I would like you to tell me if my approach is correct.
The idea is simple, instead of making transactions you are making a promise to make the transaction at the upcoming first of the month. D.T.P, my new technology enforce the promise or the deal. It's working not only for your transactions, but everyone's else too.
When the first of the month is coming, an actual transaction is made simultaneously for everyone. It's the point when your coins will go out your wallet, and any pending coins will go in.
The crucial question here is how the cost-basis is calculated? I hope that it is calculated at the moment when the actual transaction is happening. This way the cost-basis of sending and receiving the coins is the same, and you can say that you used the collected coins to make all the transactions. In which case the tax will be zero as the price didn't change.
This trick can only work on transactions during the same month when you use coins that you received to make trades, for those trades you should not pay gain tax as it's 0.
Please tell me if I make sense and if it can work in the U.S.