{"id":44949,"date":"2025-01-09T10:15:01","date_gmt":"2025-01-09T10:15:01","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/oklahoma-senator-files-bitcoin-freedom-act-enabling-wages-in-btc\/"},"modified":"2025-01-09T10:15:01","modified_gmt":"2025-01-09T10:15:01","slug":"oklahoma-senator-files-bitcoin-freedom-act-enabling-wages-in-btc","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/oklahoma-senator-files-bitcoin-freedom-act-enabling-wages-in-btc\/","title":{"rendered":"Oklahoma senator files Bitcoin Freedom Act enabling wages in BTC"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/Solv-Protocol-introduces-Bitcoin-staking-on-Base-with-cbBTC-token-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/Solv-Protocol-introduces-Bitcoin-staking-on-Base-with-cbBTC-token-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/Solv-Protocol-introduces-Bitcoin-staking-on-Base-with-cbBTC-token-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/Solv-Protocol-introduces-Bitcoin-staking-on-Base-with-cbBTC-token-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li aria-level=\"1\">The Bitcoin Freedom Act lets Oklahomans accept their wages in Bitcoin<\/li>\n<li aria-level=\"1\">Oklahoma State Senator Deevers said Washington is \u201cruining the US dollar\u201d<\/li>\n<li aria-level=\"1\">The Bitcoin Freedom Act is eligible for consideration in the 60th legislative session beginning on February 3<\/li>\n<\/ul>\n<p>Oklahoma State Senator Dusty Deevers has filed legislation allowing employees to receive wages in Bitcoin and businesses to accept Bitcoin payments.<\/p>\n<p>Introducing the <a href=\"https:\/\/oksenate.gov\/press-releases\/deevers-introduces-bitcoin-freedom-act-bring-oklahomas-economy-future\" target=\"_blank\" rel=\"noopener\">Bitcoin Freedom Act<\/a>, Deevers said: \u201cIn a time when inflation is eroding the purchasing power of hard-working Oklahomans, Bitcoin provides a unique opportunity to protect earnings and investments.\u201d<\/p>\n<p>Deevers continued: \u201cAs Bitcoin continues to rise and the value of the dollar continues to be printed away in Washington D.C., Oklahoma must act to protect our people.\u201d<\/p>\n<p>The bill, known as <a href=\"http:\/\/webserver1.lsb.state.ok.us\/cf_pdf\/2025-26%20INT\/SB\/SB325%20INT.PDF\" target=\"_blank\" rel=\"noopener\">SB325<\/a>, states under section 4 that: \u201cAny employee of this state, business, corporation, other entity, and resident of this state may negotiate and receive payment and compensation, including salaries, wages, and other forms of compensation, in Bitcoin.\u201d<\/p>\n<h2>Embracing the future of finance<\/h2>\n<p>Deevers pointed out that <a href=\"https:\/\/coinjournal.net\/search\/Bitcoin\">Bitcoin<\/a> is becoming increasingly seen as a hedge against inflation, unlike traditional currencies such as the US dollar. Taking to <a href=\"https:\/\/x.com\/dustydeevers\/status\/1877071804285759813\" target=\"_blank\" rel=\"noopener\">X<\/a>, Deevers posted: \u201cIf Washington DC can ruin something, it likely will. And it is certainly ruining the US dollar.\u201d<\/p>\n<p>Continuing, Deevers wrote: \u201cThis small but possibly revolutionary change has the potential to offset the harms suffered due to inflation and make Oklahoma a national leader who embraces the future of financial technology.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">If Washington D.C. can ruin something, it likely will. And it is certainly ruining the US Dollar.<\/p>\n<p>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.\u2026 <a href=\"https:\/\/t.co\/PrMGWdi7fe\">pic.twitter.com\/PrMGWdi7fe<\/a><\/p>\n<p>\u2014 Dusty Deevers (@DustyDeevers) <a href=\"https:\/\/twitter.com\/DustyDeevers\/status\/1877071804285759813?ref_src=twsrc%5Etfw\">January 8, 2025<\/a><\/p>\n<\/blockquote>\n<p>Deevers also praised President-elect <a href=\"https:\/\/coinjournal.net\/search\/donald+trump\">Donald Trump<\/a> who spoke at Bitcoin events during his presidential election.<\/p>\n<p>\u201cBitcoin has arrived into the mainstream of our economy and is unquestionably a significant part of the financial future,\u201d he added.<\/p>\n<p>The Bitcoin Freedom Act is eligible for consideration in the 60th legislative session beginning on February 3.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/oklahoma-senator-files-bitcoin-freedom-act-enabling-wages-in-btc\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) The Bitcoin Freedom Act lets Oklahomans accept their wages in Bitcoin Oklahoma State Senator Deevers said Washington is \u201cruining the US dollar\u201d The Bitcoin Freedom Act is eligible for consideration in the 60th legislative session beginning on February 3 Oklahoma State [&hellip;]<\/p>\n","protected":false},"author":3947362367,"featured_media":44950,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/44949"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362367"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=44949"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/44949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/44950"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=44949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=44949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=44949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}