Bitcoin and Oklahoma two flags on flagpoles and blue sky.

Key Takeaways:

Bitcoin Salaries & Payments: Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act, proposing voluntary Bitcoin payments for salaries and businesses.
Economic Stability & Innovation: The act aims to protect citizens from inflation and position Oklahoma as a leader in financial technology.
Critique of CBDCs: Deevers criticized central bank digital currencies for threatening financial privacy, advocating Bitcoin as a decentralized alternative.

Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act (SB325), aimed at enabling Oklahomans to receive salaries in Bitcoin and allowing businesses to accept BTC payments.

Announced on January 8, the legislation promotes voluntary adoption, free-market principles, and financial innovation.

🇺🇸 OKLAHOMA SENATOR JUST FILED A "BITCOIN FREEDOM ACT" TO ALLOW WAGES TO BE PAID IN #BITCOIN

IT'S HAPPENING 🚀 pic.twitter.com/6IcjkQ9qU6
— The Bitcoin Conference (@TheBitcoinConf) January 9, 2025

Deevers highlighted Bitcoin’s potential to shield earnings and investments from inflation, which he criticized as eroding the purchasing power of citizens.

The act seeks to position Oklahoma as a leader in financial technology by establishing a framework for Bitcoin transactions, salaries, and investments.

Deevers has also voiced strong opposition to central bank digital currencies (CBDCs), which he views as tools for government surveillance and control.

If Washington D.C. can ruin something, it likely will. And it is certainly ruining the US Dollar.

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.… pic.twitter.com/PrMGWdi7fe
— Dusty Deevers (@DustyDeevers) January 8, 2025

In contrast, he praised Bitcoin for promoting financial sovereignty, decentralization, and freedom from inflationary pressures.

This isn’t Oklahoma’s first move to support cryptocurrency.

In 2024, Governor Kevin Stitt signed a law creating a legal framework for blockchain businesses and protecting crypto mining, positioning the state as a blockchain innovation hub.

As U.S. inflation remains high, advocates like Deevers see Bitcoin as a safeguard against economic instability and flawed monetary policies.

The legislation will be considered in Oklahoma’s 60th legislative session beginning February 3.

About The Author

Written by

Adam Morris

Co-Founder / Managing Editor

Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.

His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.

Check Adam out on: