US Representative Davidson: Bitcoin promises to be a "permissionless, peer-to-peer payment system"

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PANews reported on December 31 that U.S. Representative Warren Davidson of Ohio stated that the value of Bitcoin lies in its being a "permissionless, peer-to-peer payment system" that allows individuals to directly control funds without third-party intervention and enables extremely rapid asset transfers.

Last month, it was reported thatU.S. Congressman Warren Davidson introduced the "Bitcoin for America Act" .

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