Oklahoma Senator proposes the 'BTC Freedom Act' to bring BTC into wages and daily payments

Senator Dusty Deevers of Oklahoma recently introduced the "Bitcoin Freedom Act", allowing local residents and employees to choose to be paid in BTC and promoting businesses to accept BTC payments.

Local Republicans advocate for BTC as a payment option

As Republican senator Dusty Deevers' response to current economic challenges and his confidence in the future of cryptocurrency, he revealed in the 'BTC Freedom Act' released yesterday that he will allow state employees and residents to choose to receive their salaries in BTC and promote merchants to accept BTC as a payment option.

The content indicates that the bill is entirely based on the principle of voluntariness. Deevers emphasizes respect for the concept of a free market and gives employees, employers, and businesses the autonomy to choose their payment methods:

Bill SB325 aims to provide a secure framework for the state of Oklahoma, private businesses, and residents to use Bitcoin, while authorizing Bitcoin as a legitimate medium for transactions, salaries, and investments.

Bitcoin's challenge to inflation solution

In the face of the underlying reasons, Deevers pointed out that inflation is eroding the purchasing power of Oklahoma residents, and BTC provides a unique opportunity to protect income and investments. As he tweeted:

The endless printing of money in Washington, D.C. is destroying the US dollar. As the value of BTC rises, Oklahoma must take action to protect our people.

(BTC drops! The Federal Reserve is concerned about inflation and adopts a cautious approach to interest rate cuts, implying the impact of Trump's immigration and tariff policies)

He also praised President-elect Trump's support for BTC, believing that BTC has entered the mainstream of the international economy and is an important part of the financial future.

This legislation will allow Oklahoma to play a "pioneering role" within the United States and ensure that the state embraces the future of financial technology, providing residents with more financial choices.

Deevers criticizes central bank digital currency

In addition, Deevers also takes the same stance as Trump, criticizing Central Bank Digital Currencies (CBDCs), believing that they promote excessive government intervention and surveillance, damaging personal financial privacy and freedom:

The design of BTC decentralization and resistance to censorship enables individuals to have full control of their funds, free from government intervention or inflationary risks.

(Former Thai Prime Minister Thaksin: BTC has become a global trend, urging the trial of BTC payments, CBDC to solve economic problems)

"BTC Freedom Act" to be tried every other month

Oklahoma's support for cryptocurrencies is not limited to this. The state has previously passed the 'BTC Rights Act' through the efforts of Satoshi Action Fund (SAF) to protect the self-custody rights of digital assets for residents and provide clear tax guidelines for BTC transactions.

It is reported that the "BTC Freedom Act" will be reviewed at the 60th Legislative Council meeting on February 3rd. Deevers stated that this bill is not only a remedy for existing inflation challenges, but also an important step for further promoting financial technology innovation in Oklahoma.

This article, US Senator from Oklahoma proposes 'BTC Freedom Act': Bringing BTC into wages and daily payments, first appeared on ChainNews ABMedia.