JUST IN: πŸ‡ΊπŸ‡Έ Congressman Warren Davidson says the promise of Bitcoin is "a permission-less, peer-to-peer payment system."

"With Bitcoin, no third party could condition your access to your money, and you could move it anywhere at the speed of light." πŸ‘

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Except all the third party banks between you and the real money. Except the mining pools that could collude on consensus any time. Except the ISP that can block access to the network, ban your node, ban your miner. Except that Bitcoin has been frozen and seized previously. Except KYC makes everything permissioned, then there's AML, which only works because everything is tracked and monitored by default.

Have fun with that.