- The Bitcoin Freedom Act lets Oklahomans settle for their wages in Bitcoin
- Oklahoma State Senator Deevers mentioned Washington is “ruining the US greenback”
- The Bitcoin Freedom Act is eligible for consideration within the sixtieth legislative session starting on February 3
Oklahoma State Senator Dusty Deevers has filed laws permitting staff to obtain wages in Bitcoin and companies to just accept Bitcoin funds.
Introducing the Bitcoin Freedom Act, Deevers mentioned: “In a time when inflation is eroding the buying energy of hard-working Oklahomans, Bitcoin supplies a novel alternative to guard earnings and investments.”
Deevers continued: “As Bitcoin continues to rise and the worth of the greenback continues to be printed away in Washington D.C., Oklahoma should act to guard our individuals.”
The invoice, often called SB325, states below part 4 that: “Any worker of this state, enterprise, company, different entity, and resident of this state might negotiate and obtain cost and compensation, together with salaries, wages, and different types of compensation, in Bitcoin.”
Embracing the way forward for finance
Deevers identified that Bitcoin is changing into more and more seen as a hedge towards inflation, in contrast to conventional currencies such because the US greenback. Taking to X, Deevers posted: “If Washington DC can break one thing, it possible will. And it’s actually ruining the US greenback.”
Persevering with, Deevers wrote: “This small however probably revolutionary change has the potential to offset the harms suffered as a consequence of inflation and make Oklahoma a nationwide chief who embraces the way forward for monetary expertise.”
If Washington D.C. can break one thing, it possible will. And it’s actually ruining the US Greenback.
Inflation brought on by reckless spending and cash printing is eroding the buying energy of Oklahomans. It’s previous time to begin choices much less weak to D.C.… 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 election.
“Bitcoin has arrived into the mainstream of our economic system and is definitely a major a part of the monetary future,” he added.
The Bitcoin Freedom Act is eligible for consideration within the sixtieth legislative session starting on February 3.