A legislative proposal has been introduced to support the bitcoin economy in the U.S. state of Texas. \u201cThe individuals who own bitcoin should be protected\u201d under the Texas Constitution, the proposal describes. \u201cNo citizen of Texas shall ever be deprived of their right to own bitcoin and that all bitcoin owners will be protected as they enjoy all the privileges associated with the cryptocurrency.\u201d Resolution to Support Bitcoin Economy A legislative proposal called House Concurrent Resolution 89 (HCR89), which expresses support for the bitcoin economy in Texas, was introduced in the state\u2019s House of Representatives on Monday by Rep. Cody Harris. Concurrent resolutions require the approval of both the House and the Senate in the state but do not have the force of law. The resolution reads: The individuals who own bitcoin should be protected under Section 9, Article I, Texas Constitution, which states that \u2018The people shall be secure in their persons, houses, papers and possessions, from all unreasonable seizures or searches\u2019; this right should also extend to digital possessions, such as cryptocurrencies. Moreover, the resolution not only aims to obtain backing from the state legislature to protect \u201cindividuals who code or develop on the Bitcoin network\u201d but also welcomes bitcoin miners \u201cto seek out any forms of energy to help secure the Bitcoin network in the state of Texas.\u201d The resolution adds: \u201cIndividuals who mine bitcoin in Texas will never be inhibited by any law or resolution that restricts the practice of securing the Bitcoin network for the safety of the virtual currency.\u201d Furthermore, the resolution states: No citizen of Texas shall ever be deprived of their right to own bitcoin and that all bitcoin owners will be protected as they enjoy all the privileges associated with the cryptocurrency, including the immunity afforded by censorship-resistant spending of bitcoin and the ability to store bitcoin in an unhosted wallet without undue interference from any state agency. What do you think about this resolution to protect bitcoin owners and support the bitcoin economy in Texas? Let us know in the comments section below.