On January 8, Oklahoma Senator Dusty Deevers introduced the Bitcoin Freedom Act, which gives residents and businesses the option to use Bitcoin
The legislation, filed as SB325, would allow employees to receive wages in Bitcoin and enable vendors to accept it for goods and services.
The Bitcoin Freedom Act is set to be reviewed during Oklahoma’s 60th legislative session, which will begin on February 3.
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The bill highlights the potential of Bitcoin to offer financial protection during times of inflation. Deevers described the act as a way to help Oklahomans preserve their earnings as the value of the dollar declines.
He emphasized that the legislation respects free-market principles, which allow businesses and individuals to decide how they handle payments.
The proposed framework includes using Bitcoin securely across state operations, private businesses, and individual transactions. It also designates Bitcoin as an acceptable option for salaries, purchases, and investments.
Deevers hopes this will position Oklahoma as a leader in adopting innovative financial tools and give residents more choices for managing their money.
The senator, who also works as a pastor, has been vocal about his concerns with central bank digital currencies (CBDCs).
In a January 9 post on X, he argues that these currencies could increase government control over financial activities, which limits personal privacy and freedom. In contrast, he sees Bitcoin as a tool for financial independence.
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