Schroedinger on Nostr: I'm not so sure the Lummis bill is the best option ...

I'm not so sure the Lummis bill is the best option

quoting nevent1q…rp68

Some of you may have missed it, but there's a new Bitcoin Bill in town – this time in Oklahoma.

While room temperature IQ bros are busy lobbying for the federal government to buy bitcoin, Oklahoma member of the Senate Dusty Deevers introduced the Bitcoin Freedom Act that actually works to protect Bitcoin and its users from Government overreach.

Not only does the Bill formalize for merchants to accept bitcoin as payment – it also exempts non-custodial services from requiring money transmitter licenses and protects their operators from Bank Secrecy Act applications.

The Bitcoin Freedom Act "ensures that participation is entirely voluntary, respecting free-market principles and empowering employees, employers, and businesses to choose the payment options that work best for them."

Fuck the snake Lummis and her lobby bros selling you their NGU schemes as some pseudo-game theoretic 5D chess moves to protect your privacy. *This* is legislation that Bitcoin needs.



https://www.therage.co/oklahoma-bitcoin-bill/