Here's something that doesn't quite add up: governments treat crypto gains and losses completely differently. When your Bitcoin or other digital assets spike in value, they're quick to tax your profits. But the moment you take an L on a trade, suddenly those losses can't always offset your gains in the same way—especially when comparing crypto losses against fiat currency positions. The logic seems one-sided. If capital gains on BTC are taxable as income, why aren't the corresponding losses fully deductible? It's the kind of regulatory quirk that leaves traders scratching their heads, trying to figure out the actual tax framework that's supposedly treating everyone fairly.