Actually capital gains/losses is amongst the most simple of things . The potential problem with crypto currency is that one is obligated to make many purchases with cryptocurrency , rather than the fiat currency of one’s particular state.
Keeping track of each transaction and converting each to fiat value is very labour-Intensive. One possible approach is to simply take the value of the account at the beginning of the year and at the end of the year ( corrected for deposits and withdrawals of course). This results in one paying for ( as yet) “unrealized”gains which is a downside. However it is easy to calculate, and is manifestly honest. My guess is that most government agencies would accept this (admittedly unconventional) approach. They would probably insist that losses ( should that happen) be carried forward until one eventually had a capital gain to which it could be applied but this is the case in many instances , even when the loss is realised)
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