Market
What will be the main reason cited for passing or rejecting the 'Bitcoin Freedom Act' by the end of 2025?
2
Resolution / Starting Odds
Economic benefits • 25%
Inflation concerns • 25%
Technological feasibility • 25%
Regulatory concerns • 25%
Statements from legislators or analysis from credible news sources
Story
Oklahoma Senator Proposes 'Bitcoin Freedom Act' (SB325) for State Payments
Jan 9, 2025, 12:31 AM
Oklahoma Senator Dusty Deevers has introduced the 'Bitcoin Freedom Act' (SB325), which proposes to allow state employees and vendors to receive payments in Bitcoin. The legislation aims to provide an alternative to traditional currency amid concerns over inflation eroding the purchasing power of the dollar. Bitcoin is seen as a hedge against inflation due to its decentralized nature and fixed supply. The bill, if passed, would enable voluntary participation, aligning with free-market principles and offering more financial options to Oklahomans.
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No change • 25%
Complete ban • 25%
Decreased regulation • 25%
Increased regulation • 25%
Increased Regulation • 25%
No Change in Regulation • 25%
Complete Ban • 25%
Decreased Regulation • 25%
More supportive • 25%
Other • 25%
No significant change • 25%
More restrictive • 25%
Other • 25%
Innovation and Growth • 25%
Market Structure Frameworks • 25%
Consumer Protection • 25%
Passed • 25%
Withdrawn • 25%
Postponed • 25%
Failed • 25%
Postponed • 34%
Passed • 33%
Failed • 33%
Divided Opinion • 25%
Majority Oppose • 25%
Majority Support • 25%
Indifferent • 25%
Yes • 50%
No • 50%
