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#Bitcoin
’s Potential | Building policy for Lawmakers and Regulators | 4 bills into law | over 25 bill introductions | Help
@SatoshiAction
.io
FORBES: Oklahoma Passes Landmark Bill Protecting
#Bitcoin
Rights.
“Dennis Porter and Satoshi Action Fund were key in advocating for the bill.”
This is a, “victory in their broader campaign to safeguard digital asset rights.”
Article by:
@DecentraSuze
:
Satoshi Action is a 501(c)(4) dedicated to protecting the innovation of the Proof-of-Work consensus mechanism on the
#Bitcoin
protocol.
SAF will educate lawmakers and advance pro-
#Bitcoin
mining policy that encourages this nascent tech infrastructure to grow here in the USA.
BREAKING: The state of Arkansas has passed the ‘Right to Mine’
#Bitcoin
bill in the House & Senate. The bill is now poised to be signed by the Governor.
BREAKING: The ‘Right to Mine’
#Bitcoin
bill in Missouri has passed through committee with Democrats and Republicans joining together in a unanimous 12-0 vote in favor.
MASSIVE BRREAKING: A bill to protect 'fundamental
#Bitcoin
rights' has PASSED the Senate and House in the state of Oklahoma!
Once signed by the Governor, this bill will protect:
✅The right to SELF-CUSTODY!
✅The right to mine
#Bitcoin
✅The right to run a full node
✅The
🚨HUGELY MASSIVE BRREAKING🚨: A bill protecting your ‘fundamental
#Bitcoin
rights’ has been SIGNED INTO LAW in the state of Oklahoma.
Oklahoma will now defend your:
✅ Right to self-custody
✅ Right to spend
#Bitcoin
and digital assets
✅ Right to mine
#Bitcoin
✅ Right to run
Satoshi Action Fund has sent a letter to the Public Service Commission in the state of Idaho pushing back against their attempt to discriminate against
#Bitcoin
mining operations.
ANNOUNCEMENT: We are setting a goal to pass 10 pro-
#Bitcoin
bills into law in 2024.
These laws protect:
- Self-Custody
- Mining
- Node runners
- Lightning
These laws also ELIMINATE state cap gains taxes for purchases under $200.
Hyper-Bitcoinization is coming.
URGENT: The EIA is attempting to LABEL
#Bitcoin
mining as a negative for the grid.
We NEED to tell the true story about the 'Benefits of
#Bitcoin
Mining'.
IF YOU'RE A MINER...
Reach out to us to fill out our 'Grid Balancing' survey.
Help us tell the truth.
Bitcoin mining is under attack. We should work to defend it, but we must not forget to go on offense to ensure this nascent tech infrastructure has a strong foothold in the USA.
“Arkansas has passed the Right to Mine Bitcoin bill through both the House and Senate. Subsequently, the legislation is now set to be signed by the state’s Governor.”
After passing the ‘right to mine’
#Bitcoin
bill into law in Arkansas we have received a flood of message from miners in other states who want to see this policy passed in their state.
If you are a miner and you want to ensure your business is protected, please reach out.
Satoshi Action is a non-partisan organization. It is our goal to see
#Bitcoin
be adopted in the USA and in order to achieve that all sides need to be at the table.
Satoshi Action Fund in ACTION and we're just getting started: We worked to get additional Congressional signatories to a terrific letter by
@CynthiaMLummis
.
BREAKING: 14 members of Congress send letter to the EPA, informing them of the beneficial environmental and financial impacts of
#Bitcoin
Proof-of-Work mining.
Oklahoma Passes ‘Bitcoin Rights’ Law: A Win for Community
In a landmark move, Governor Kevin Stitt of Oklahoma has officially signed the ‘Bitcoin Rights’ bill into law, granting Oklahomans the legal freedom to mine, transact, and self-custody bitcoin.
Satoshi Action is a non-profit organization focused on encouraging adoption of
#Bitcoin
mining.
The data centers built to defend the
#Bitcoin
protocol must be protected from government overreach so innovation can continue to thrive in the USA.
Thank you to Forbes, Bitcoin Magazine, Swan, Bitcoin News, and Simply Bitcoin for covering this win.
We are honored to have crafted and deployed the model that was used to write this bill.
The states will lead. 🚀
We believe
#Bitcoin
can consume enough non-flared, non-vented methane within the next decade to make it effectively carbon negative. No other crypto has a shot of achieving this incredible milestone. Bitcoin's Proof-of-Work algorithm is what makes Bitcoin revolutionary.
will be our best dinner yet. The money from this dinner goes towards advancing
#Bitcoin
and Proof-of-Work.
Join the Satoshi Action team as well as industry leaders, policymakers, and community advocates in Ft. Worth on Nov. 17th.
We sat in the committee hearing as the Texas Senate unanimously voted to pass the anti-
#Bitcoin
mining bill.
We met with several offices prior to see where they stood and some claimed it was highly political and they did not want to oppose the bill sponsor.
This marks the THIRD bill introduced this year to protect fundamental
#Bitcoin
rights in the USA.
Three states are paving the path to ensure their people can participate in the bright orange future we all know is on the horizon.
MANY MORE STATES TO COME!
🚨BRREAKING: The State of Indiana has officially introduced legislation to protect fundamental
#Bitcoin
Rights!
This bill will DEFEND:
✅Your right to access
#BTC
✅Your right to self-custody
✅Your right to mine
#BTC
✅Your right to run a node
The bill will also:
✅Eliminate
@CNBC
We are working on solution for the environmental problem caused by orphaned oil wells. We believe states can solve this problem with
#Bitcoin
mining.
In case you missed it: We submitted public comment to the EPW hearing on the benefits of
#Bitcoin
mining. We hope staffers and members get a chance to review them.
Our team had an incredible week in Washington, D.C.
There is momentum building in our nations Capitol. We hope to have more Proof-of-Work to share in the coming months.
Although
@SatoshiActFund
is a
#Bitcoin
mining advocacy group, there are moments where we must be very clear about where we stand. In regards to CBDCs for retail use, we stand opposed.
Today, we are writing Governor Noem of South Dakota to share our concern over House Bill 1193.
Satoshi Action will actively engage in policy and regulatory efforts that ensure Proof-of-Work is protected from discrimination in the USA. We believe this industry will revolution the world through innovation in energy. We want this industry here in 🇺🇸!
Satoshi Action is proud to have played a role in the recent adoption of Bitcoin in Louisiana.
If you want to see more states accept Bitcoin as a form of legal payment, please consider becoming a monthly supporter.
BREAKING: The State of Louisiana becomes the first in the nation to accept Bitcoin via the Lightning network.
The
@LATreasury
proudly announced the payment as well as their ability to accpet Bitcoin and USD stablecoins.
Thank you to
@WrightLouisiana
for your leadership.
BREAKING: We are submitting comments to Senator Wyden and Crapo in response to their request for policy input on
#Bitcoin
taxation.
We believe it’s time to end the unfair taxation of
#Bitcoin
mining rewards.
Today we joined with leading advocacy organizations
@TXblockchain_
and
@DigitalChamber
to write the Lt. Gov of Texas so we can share our opposition towards the anti-
#Bitcoin
mining bill which passed through the Senate.
This bill is anti-free market and will raise energy prices.
Policymakers and regulators across the USA are excited about the potential benefits of
#Bitcoin
Mining. They see the jobs, investment, grid stability, environmental cleanup, and energy innovation that PoW mining can bring to their state!
We are officially hashing with our fellow mining community.
Thank you to
@kaboomracks
for donating one of the latest
@Whatsminer_MBT
machines.
And thank you to
@DeepsouthOp
for providing us an immersion space.
Proud to be defending the network with legislation AND energy!
The efforts underway from our work will help miners go after stranded methane all over the world. It is critical that we unlock this energy source and allow
#Bitcoin
mining to begin removing more emissions than it produces.
Satoshi Action Fund is Bitcoin mining advocacy organization that is dedicated to protecting the Proof-of-Work consensus mechanism on the Bitcoin protocol. We believe this innovation will have a positive impact on the economy, the grid, and the planet.