- The Bitcoin Freedom Act permits Oklahomans to obtain their paychecks in Bitcoin
- Oklahoma State Sen. Deevers Says Washington Is 'Destroying The US Greenback'
- The Bitcoin Freedom Act is eligible for consideration within the sixtieth legislative session, which begins on February 3
Oklahoma State Senator Dusty Deevers has filed a invoice to permit staff to obtain wages in Bitcoin and companies to obtain funds in Bitcoin.
In introducing the Bitcoin Freedom Act, Deevers mentioned, “At a time when inflation is eroding the buying energy of hard-working Oklahomans, bitcoin supplies a singular alternative to guard earnings and investments.”
Deevers continued, “As Bitcoin continues to rise and the worth of the greenback continues to be printed in Washington DC, Oklahoma should act to guard our individuals.
The invoice, referred to as SB325, states in Part 4 that: “Any worker of this state, enterprise, company, different entity, and resident of this state could negotiate and obtain funds and compensation, together with salaries, wages and different types of compensation. in bitcoin.”
Embracing the way forward for finance
Deevers identified that bitcoin is more and more seen as a hedge towards inflation, not like conventional currencies such because the US greenback. In an interview with X, Deevers wrote, “If Washington DC can destroy one thing, it most likely will. And it definitely destroys the US greenback.”
Persevering with, Deevers wrote, “This small however probably revolutionary change has the potential to offset the harm brought on by inflation and make Oklahoma a nationwide chief in embracing the way forward for monetary expertise.”
If Washington DC can screw one thing up, it most likely will. And it definitely destroys the US greenback.
Inflation brought on by reckless spending and cash printing is eroding the spending energy of Oklahomans. Time to start out in search of choices much less susceptible to DC… pic.twitter.com/PrMGWdi7fe
— Dusty Deevers (@DustyDeevers) January 8, 2025
Deevers additionally praised President-elect Donald Trump, who spoke at bitcoin occasions throughout his presidential run.
“Bitcoin has entered the mainstream of our economic system and is undoubtedly a major a part of the monetary future,” he added.
The Bitcoin Freedom Act is eligible for consideration within the sixtieth legislative session, which begins on February 3.
