So basically people have to follow laws? Oh wow, so horrible.
Mr. Wood should also point out that (1) receiving Bitcoin as a donation or gift gives rise to neither tax liability nor reporting requirements [exception may exist for receiving greater than $100,000 from a non-US person or about $13,000 from a non-US entity] and (2) using Bitcoin as a medium to pay ordinary and necessary business expenses entitles one to a deduction that will reduce tax liability.
After all, when the IRS gives you lemons a creative CPA or tax attorney should be able to help you make lemonade.
There are other interesting tax issues involving Bitcoin which is a reason to read
A Lawyer’s Take On Bitcoin and Taxes.