A bill called Concurrent House Resolution 89 (HCR89), which shares assistance for the bitcoin economic crisis in Texas, was introduced Monday in the state House of Representatives through Rep. Cody Harris. . Simultaneous settlements are to be commended by the House and the Senate as they certainly do not have the power to legislate.
The regulation verifies:
Persons who have bitcoin must be actually protected under Section 9, Article I of the Texas Constitution, which states that ”Persons must be actually secure in their persons, properties, documents and properties, derived from all strange confiscations or even hunts’; this right must also encompass electronic properties, such as cryptocurrencies.
Additionally, the regulation not only garners support from state lawmakers to secure “those who code or develop on the bitcoin network,” but also calls on bitcoin miners “to seek out all forms of energy. to help secure the Bitcoin network”. in the state of Texas.
The settlement includes: “Persons mining bitcoin in Texas will never be inhibited by any law or resolution that restricts the practice of securing the bitcoin network for virtual currency security.”
In addition, the terms of payment:
No one in Texas should ever be deprived of their right to have bitcoin and all bitcoin managers will be truly protected as they reap all the benefits of cryptocurrency, with resistance paid for by censorship resistant costs bitcoin. and also the ability to hide bitcoin in a non-hosted budget without unnecessary obstruction from any kind of condition organization.
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What do you think of this regulation to secure bitcoin managers and also maintain the economic situation of bitcoin in Texas? Let our company understand in the opinion box below.
Kevin Helms
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