The 1040 Virtual Currency Question

[RWG1950]

Am having trouble understanding if the virtual currency question requires a YES answer in this instance.
My customer apparently bought a tiny amount of Coinbase in 2021.
He did not use it in any way during 2021. Just bought it with U.S. dollars and held.
The question as asked, seems to require a YES answer, but from what I have read, this circumstance would allow for a NO.
Thanks for comments

[New York Enrolled Agent]

Am having trouble understanding if the virtual currency question requires a YES answer in this instance.
My customer apparently bought a tiny amount of Coinbase in 2021.
He did not use it in any way during 2021. Just bought it with U.S. dollars and held.
The question as asked, seems to require a YES answer, but from what I have read, this circumstance would allow for a NO.
Thanks for comments

Comment = Did you read the content on page 17 of the 1040 2021 instructions?

[RWG1950]

Thanks NYEA. Hadn't seen this. It was a big help.

[MAJ]

Well. Since there is nothing I can do with just a purchase I am asking my clients to provide a Coinbase or other report showing all crypto activities for the current year. I keep this as part of my recordkeeping. Now if they were taxing on un-realized then I would see the point.
However, If they do tax on un-realized, the stock market will dry up like a dessert.