he wasn't talking about taxes. he was referring to coinbase closing his account if the bank started getting too curious about his selling btc with coinbase. some people have said that this has happened with some banks.
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So the banks get curious when coinbase send them usd and coinbase will close your account? Becareful Paypal are not shy of freezing accounts either all the have to do is cry suspious activity
exactly the case, however... I have heard from people that there is a monetary limit on paypal and transaction amounts up until that point are not sent to the IRS. Mostly I hear that from people who do ebay sales, not necessarily in the crypto world.