Oklahoma State Senator Proposes Bitcoin Freedom Act
- The Bitcoin Freedom Act allows for wages to be paid in Bitcoin in Oklahoma
- Oklahoma State Senator Deevers criticizes Washington’s impact on the US dollar
- Legislation is set for consideration in the 60th legislative session starting on February 3
Empowering Oklahoma with Bitcoin
Oklahoma State Senator Dusty Deevers has introduced the Bitcoin Freedom Act, a bill that enables employees to receive their wages in Bitcoin and businesses to accept Bitcoin payments.
Senator Deevers believes that Bitcoin offers a unique opportunity for Oklahomans to safeguard their earnings and investments in a time when inflation is devaluing the US dollar.
The proposed legislation, known as SB325, allows any resident or entity in Oklahoma to negotiate and receive payment in Bitcoin, including salaries and wages.
Securing Financial Futures with Bitcoin
Senator Deevers emphasizes that Bitcoin serves as a hedge against inflation, contrasting it with the depreciating value of traditional currencies like the US dollar. He criticizes Washington’s monetary policies and advocates for embracing the future of finance through Bitcoin.
If Washington D.C. can ruin something, it likely will. And it is certainly ruining the US Dollar.
Inflation caused by reckless spending and money printing is eroding the purchasing power of Oklahomans. It is past time to start looking at options less vulnerable to D.C.… pic.twitter.com/PrMGWdi7fe
— Dusty Deevers (@DustyDeevers) January 8, 2025
Deevers commends President-elect Donald Trump for recognizing Bitcoin’s importance in the economy and envisions a future where Bitcoin plays a significant role in financial transactions.
The Bitcoin Freedom Act is slated for review in the upcoming 60th legislative session, commencing on February 3.
