Right, it's all based on faith, just like the fiat dollars people buy it with.
Millions in Bitcoin can walk through any metal detector.
Of course it can, any imaginary object can pass though a metal detector.
They can be sent to anywhere on the globe and it doesn’t ask for anybody’s permission
Unless the exchange shuts down. Which by coincidence when one exchange shuts down, they all shut down at the same time.
You can be rich in secret.
Bitcoin investors beware: The IRS wants its cut and you may not know it
No need to spread FUD. Some exchanges got slow in the large upticks, but they are stable most of the time now. But exchanges are for cashing out. The mining network never got slow, just expensive. So if you wanted to send Bitcoin to someone you always could and always will be able to.
Bitcoin investors beware: The IRS wants its cut and you may not know it
Yes, I know. I am paying long term capital gains to the IRS, but it is less than 1/4 of the profits. Not a bad problem to have.