Birth of Tennessee Bitcoin Alliance, dedicated to promoting the use of Bitcoin across Tennessee
The Tennessee Bitcoin Alliance (TNBTC), a newly formed non-profit organisation, is spearheading an initiative to accelerate the adoption of Bitcoin in the state of Tennessee. The Alliance, composed of technology experts, innovative entrepreneurs, and activists committed to the crypto ecosystem, is working towards positioning Tennessee as a national leader in the digital revolution.
One of the key proposals by the TNBTC is the consideration of Bitcoin node operation as a constitutionally protected activity in Tennessee. This move, if implemented, would provide a strong foundation for the growth and stability of the Bitcoin network within the state.
The TNBTC is building an active community that supports Bitcoin adoption, reaching out to pro-Bitcoin voters, and creating networks of merchants that accept cryptocurrency payments. This community-driven approach is aimed at fostering a more decentralized and resilient economy.
The creation of the TNBTC positions Tennessee as a leader in Bitcoin adoption in the United States. The state's approach to Bitcoin, marked by bipartisan openness to technological innovation and a strong ranking in freedom indices, could serve as a replicable model for other states.
Tennessee's abundant and cheap nuclear energy resources, a significant advantage for Bitcoin mining, further bolsters its appeal as a Bitcoin-friendly state. The TNBTC is working to consolidate an ecosystem where Bitcoin is not only accepted but also valued as a tool for progress.
In addition to promoting Bitcoin adoption, the TNBTC is actively shaping a regulatory framework that facilitates Bitcoin use and promotes financial freedom. A key part of this effort is the recognition of the right to self-custody of digital assets, a measure that strengthens the financial sovereignty of citizens.
The TNBTC is also working to promote legal changes that make it easier and safer to integrate Bitcoin into daily life for people and businesses. One such change is the proposal that contracts in Bitcoin can be liquidated without tax penalties in Tennessee.
To facilitate the integration of Bitcoin payments, the TNBTC works directly with local businesses. They are also launching a series of workshops, seminars, and training programs aimed at both citizens and merchants to educate about Bitcoin and facilitate its use.
The TNBTC has formed strategic alliances with legislators and public policy specialists to ensure that these reforms translate into real changes in everyday life. Their strategy aims to lay the groundwork for a freer, more inclusive, and resilient economy where digital money is a tool for everyone.
Despite the progress made, there is no available information regarding the persons or groups significantly involved in founding the Bitcoin Alliance Tennessee or their positions within the Alliance.
The TNBTC's vision is to position Tennessee as a national leader in the digital revolution, leveraging its abundant energy resources, culture of independence, and openness to innovation. Their efforts towards Bitcoin adoption and regulatory clarity are a significant step towards achieving this vision.
