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Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
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Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#112[flagged]
The war has been costing the US in the region of 30B per day by some estimates. Fees per ship are around $1m . It wouldn't make any sense.
Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#113I think this war will be the moment that historians mark as the death of Pax Americana. The US failed to change the Iranian regime, failed to open the strait, and now a previously international waterway will be tolled in a currency other than the dollar. I wish it need not have happened in my time
TBF, Iran is saying an exorbitant price right now, but in reality they will need to balance their price with demand to bring in the maximum possible revenue. The toll may work out in the long run.
Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#114Earlier quoted context omitted.
Given that 99% of stablecoins are USD-denominated, and that the vast, vast majority of those are custodial, Bitcoin makes much more sense for Iran.
With Iran's hyperinflation, why wouldn't USD make sense?
Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#115Earlier quoted context omitted.
Isn't it broken with Israel continuing their war against Lebanon?
As best I can tell, the Iranian regime and Sharif both said that they ceasefire included a cease to strikes on Lebanon, Netanyahu explicitly said that it did not, and the Trump admin, Lebanon, and Hezbollah have not yet commented either way. Links to Pakistan and Israel statements here: https://www.aljazeera.com/news/2026/4/8/us-iran-ceasefire-de...
Even if USA insist on Israel-Hezbollah (and so Lebanon) be kept apart from any deal to end their war in Iran, it would still mean a terrible strategic and diplomatic disaster between USA and Israel, because Israel Gov' will be left with two terrible scenarios:
1) Trump Admin' will concede to Iran they'd be leaving the region and leaving Israel to defend itself alone, because the Hormuz being open for business and the Gulf states being spared would be enough; or
2) USA will have to resume hostilities, meaning domestically Trump will have to explain the US Military is obliged to continue the war effort for as long as Israel want.
IMHO don't see how Israel-US can politically survive those two scenarios.
Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#116[flagged]
Unlikely. Iran is winning this war, or hadn’t you noticed? No need to pay America off when they’re desperate for a deal.
Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#117Earlier quoted context omitted.
The war has been costing the US in the region of 30B per day by some estimates. Fees per ship are around $1m . It wouldn't make any sense.
not a big fan of this theory, but as we've seen in other instances, money from the public coffer is 'free', so even at a substantial loss, if the result ends up in the right private account, its still a net win for someone. and net a loss for the public even larger than "I'm suing the government for $50B, oh wait, that's me, I guess I'll just have to pay myself"
Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#118[flagged]
Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#119I was under the impression that they were asking for payment in stablecoins, not bitcoin? Did they change their mind?
I’ve heard a lot of discussion about them accepting payments in Chinese yuan. I wonder if there’s a stablecoin pegged to it.
Quite funny to read comments from people asking what use is crypto. Can tell they have probably never left West Virgina.
Don't think it would be that useful for Iran though as they are already RMB earners, and RMB financial markets are still a bit questionable (there is depth, I don't think anyone knows why this depth exists or what it is actually for, just state-linked banks moving paper between themselves furiously).
Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#120This all sounds more like a TV show script than an actual thought-out plan to me.