In a bold step towards embracing the digital age, Texas legislators have voted overwhelmingly to enshrine digital currencies in the state’s Bill of Rights. 📜
The landmark move intends to ensure Texans have the unquestionable right to own, hold, and use digital currencies such as $BTC.
The amendment, part of Bill HJR 146, was introduced by State Representative Giovani Capriglione and garnered resounding support, with 139 lawmakers voting in favor and only two against. The bill underscores individuals’ rights to use any mutually agreed medium of exchange – including digital currencies, coins, cash, scrip, or bullion – for the procurement of goods and services and trade.
“No government shall prohibit or hinder the ownership or holding of any form or quantity of money or other currency,” the bill states, further solidifying the rights of Texans to utilize digital currencies. 📜
Like the US Bill of Rights, Texas’s equivalent safeguards essential freedoms such as speech, religion, and the press. However, it also includes clauses unique to the Lone Star State, like the right to a prompt trial and the right to possess and carry weapons for self-defense.
The Texas Constitutional Enforcement group hailed the amendment as a significant step in preserving Texans’ financial privacy. With digital currencies now part of the Texas Bill of Rights, the state affirms its commitment to protecting its citizens’ rights in an increasingly digital world. 💵