I missed your reply before :O
Ahh, I didn't know that about capitol gains. I am a little person who has done retail for years and never owned anything, traded, or held assets. I think you are correct about different time horizons though. I can see where it could get messy.
I just feel like it is not an asset until you hold it in your hand...until then it is a promise of an asset, and should only be taxed at the point of entry into tangible asset. They way it is done, all forms of currency are taxed over and over and over...and then when you die they tax it again.
Yes, I meant Gov... :) (though it all goes to the Fed in the end...we should Tax them on that..does the Fed Reserve even pay tax on the money that they create, and all they collect?)