{"id":146392,"date":"2025-01-10T12:00:51","date_gmt":"2025-01-10T10:00:51","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=146392"},"modified":"2025-01-09T14:49:38","modified_gmt":"2025-01-09T12:49:38","slug":"u-s-state-introduces-bitcoin-freedom-act-to-offer-crypto-payment-options","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/u-s-state-introduces-bitcoin-freedom-act-to-offer-crypto-payment-options\/","title":{"rendered":"U.S. State Introduces Bitcoin Freedom Act to Offer Crypto Payment Options"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/oksenate.gov\/press-releases\/deevers-introduces-bitcoin-freedom-act-bring-oklahomas-economy-future\" rel=\"nofollow\">proposed legislation<\/a><\/strong> would allow businesses and employees in the state to opt for <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>as a payment method, positioning the cryptocurrency as a viable alternative in the face of rising inflation and a weakening dollar.<\/p>\n<p>The bill, set to be considered in the upcoming legislative session starting February 3, 2025, aims to create a secure framework for Bitcoin transactions without requiring new laws. Deevers argued that Bitcoin\u2019s decentralized nature provides an opportunity to protect earnings from inflation, contrasting it with the traditional, government-controlled financial system. He sees Bitcoin as a safeguard for the financial well-being of Oklahomans, especially as inflation continues to erode the value of the U.S. dollar.<\/p>\n<p>By making Bitcoin payments voluntary, the legislation respects free-market principles, empowering both individuals and businesses to choose their preferred form of currency. Deevers also highlighted the increasing importance of Bitcoin in global finance, noting that it offers a more secure and efficient way to conduct transactions compared to gold or traditional fiat money.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-146277\" href=\"https:\/\/cryptodnes.bg\/en\/ripple-ceo-meets-with-donald-trump-sparking-optimism-for-2025-crypto-market\/\" title=\"Ripple CEO Meets with Donald Trump, Sparking Optimism for 2025 Crypto Market\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/Brad-Garlinghouse1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Ripple CEO Meets with Donald Trump, Sparking Optimism for 2025 Crypto Market<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>As the U.S. grapples with economic instability, Deevers has voiced concerns over inflation and central bank digital currencies (CBDCs), arguing that they give governments too much control over financial transactions. Instead, he promotes Bitcoin as a way to maintain financial sovereignty, emphasizing that its censorship-resistant and decentralized design ensures individuals can control their wealth without external interference.<\/p>\n<p>This push for Bitcoin aligns with a broader trend in Oklahoma to support blockchain innovation. Governor Kevin Stitt\u2019s recent legislation has created a favorable environment for crypto businesses, particularly for Bitcoin miners. Deevers\u2019 proposal seeks to build on this momentum by offering residents and businesses more financial freedom and opportunities in the digital age.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oklahoma is taking steps to incorporate Bitcoin into its financial landscape, with Republican State Senator Dusty Deevers introducing the Bitcoin Freedom Act.<\/p>\n","protected":false},"author":9,"featured_media":93267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,424,224],"coin_category":[],"class_list":["post-146392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-crypto","tag-gold"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>U.S. State 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