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monetka
@monetka
@monetka Bitcoin Freedom Act A revolution in finance or simple PR? Let's figure it out together. Oklahoma Senator Dusty Devers decided to make a big announcement: the Bitcoin Freedom Act bill not only opens the door for bitcoin, but explicitly invites it into the state's economy. š“ What does this mean for residents? Every employee will now be able to get paid in bitcoins and businesses will be able to accept payments in cryptocurrency. All on a voluntary basis, of course š "At a time when inflation is eroding the purchasing power of hardworking Oklahomans, bitcoin provides a unique opportunity to protect income and investments," Devers said after the introduction of the Bitcoin Freedom Act on Jan. 8. And yes, it's hard to argue with that. Unlike CBDCs, which can become an instrument of total control, bitcoin is about sovereignty and independence.
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monetka
@monetka
āŖļø When to expect changes? The bill will be debated in February 2025. But the very fact that it's being filed suggests that states are already starting to prepare for the new financial reality. Oklahoma wants to get ahead of the curve and create a blockchain-friendly environment for blockchain companies like Texas or Wyoming. š“ Why is this important for the market and for you and me? It is a step towards mass adoption of cryptocurrencies. Every time a state or country introduces bitcoin into its financial system, it gets a little closer to global acceptance. So, are you ready to get paid in bitcoins? Or is this just the beginning of a long journey so far? š
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