That's an interesting take on it. You do pose a valid point about them protecting themselves from fraud and abuse as it does happen.
It's really the IRS side of it that bothers me the most. They've made the laws regarding cryptos so complicated for people who do plan to actually pay taxes on their gains and as of now very few people even know how to report properly. Maybe I'm just being paranoid but the IRS tracking thing really bothered me. Seems like their setting the stage for something...