LATEST: Oklahoma Senator Proposes Bitcoin Freedom Act for Bitcoin Payment Acceptance

Oklahoma State Senator Dusty Deevers has introduced the Bitcoin Freedom Act, a bold legislative move allowing residents and employees to receive payments in Bitcoin. Filed on January 8, the bill highlights Bitcoin as a safeguard against inflation, enhancing the purchasing power of Oklahomans. Deevers asserts that with the dollar’s value diminishing, adopting Bitcoin can secure a stable financial future, respecting the choice of businesses and individuals in monetary transactions.

The act not only facilitates Bitcoin for salaries and investments but also aims to position Oklahoma as a leader in financial technology by establishing a secure framework for Bitcoin’s use across the state. Senator Deevers emphasized the voluntary nature of the initiative, championing free-market principles and providing more financial options to citizens.

With the legislative session set to consider this bill on February 3, Deevers continues to advocate for economic measures that combat inflation and government overreach, asserting that Bitcoin empowers individuals with financial sovereignty and protection against central control.

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