Bitcoin Freedom Act would allow Oklahomans to receive wages in Bitcoin Oklahoma Sen. Devers says Washington is 'ruining the US dollar' Bitcoin Freedom Act will be released on February 3rd Eligible for consideration at the 60th Congress beginning with
Oklahoma State Senator Dusty Devers has introduced a bill that would allow employees to receive wages in Bitcoin and businesses to accept payments in Bitcoin.
Commenting on the Bitcoin Freedom Act, Devers said, “Bitcoin offers a unique opportunity to protect income and investments as inflation erodes the purchasing power of hard-working Oklahomans.”
Devers continued: “As Bitcoin continues to rise and the value of dollars continues to be printed in Washington, D.C., the state of Oklahoma must act to protect its citizens.”
The bill, known as SB325, states in Article 4: “Employees, businesses, businesses, other entities, and residents of this state may negotiate and receive payments and compensation, including salaries, wages, and other forms of compensation,” in Bitcoin. . ”
Embracing the future of finance
Devers noted that Bitcoin is increasingly seen as a hedge against inflation, unlike traditional currencies such as the US dollar. Devers posted to X: “If Washington, D.C. can mess something up, it probably will. And it's certainly ruining the US dollar.”
Continuing, Devers writes: “This small but perhaps revolutionary change has the potential to offset the damage caused by inflation and make Oklahoma a national leader in embracing the future of financial technology.”
If Washington DC can mess something up, it probably will. And it is definitely ruining the US dollar.
Inflation caused by reckless spending and money printing is eroding the purchasing power of Oklahomans. It's past time to start considering options that are less susceptible to DC… pic.twitter.com/PrMGWdi7fe
— Dusty Deevers (@DustyDeevers) January 8, 2025
Devers also praised President-elect Donald Trump, who spoke at a Bitcoin event during the presidential campaign.
“Bitcoin has reached the mainstream of our economy and is undoubtedly an important part of the future of finance,” he added.
The Bitcoin Freedom Act is eligible for consideration in the 60th Congress, which begins on February 3rd.
