A Groundbreaking Decision
On May 10, Texas state legislators made significant waves by voting to amend the state’s Bill of Rights to recognize the right of residents to possess, utilize, and retain digital currencies. This bold move was spearheaded by State Representative Giovani Capriglione, who rolled out Bill HJR 146. The bill passed with a staggering majority, receiving
139 votes in favor, only 2 against!
This bill seeks to solidify the ability for Texans to use various mediums of exchange — from digital currencies to cold hard cash. If this sounds like a decent effort to embrace the future of money, that’s because it is.
The Historical Context: Texas Style
The Texas Bill of Rights is no minor piece of legislation; it’s the state’s equivalent of a superhero cape! Alongside the right to free speech and the ability to bear arms, Texans might soon add the freedom to use digital currencies to their list of cherished liberties. It’s like the Texas-sized cherry on top of a deliciously constitutional sundae!
The Legal Implications
If it clears the remaining hurdles, this amendment is expected to pave the way for a compelling legal argument aimed at the federal judiciary. The inclusion of digital currency rights is not merely for show—it’s an invocation of the 9th Amendment of the U.S. Constitution. Tom Glass of the Texas Constitutional Enforcement group believes this argument could potentially broaden the scope of recognized natural rights. Why should a lone cowboy be hamstrung by outdated monetary policies?
Why Does This Matter?
According to the Texas Constitutional Enforcement group, incorporating digital currencies into the Texas Bill of Rights serves a dual purpose: safeguarding residents’ financial privacy and protecting their hard-earned wealth. After all, who wants their finances riding into the sunset on a galloping unstable dollar? It’s high time Texans had a choice beyond the whims of global financial elites!
What’s Next for Bill HJR 146?
As it stands, after one more House vote, the bill will be headed to the Senate and, ultimately, voters could weigh in on this transformative measure. So, buckle up, Texans! The future of your currency is just around the corner. Will you be riding the digital wave, or will you remain a cash cowboy? Only time will tell!
