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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

#121

Post by Esophagus4 »

mbreese wrote: post #86
zulux wrote: post #22

Earlier quoted context omitted.

And if you knew the manifests (quantity of oil) for the ship, just the value of the bitcount transaction could be used for tracking.

Or, if you knew the bitcoin addresses, you could figure out exactly how much oil is being moved. I would think oil data analysts would love to have access to that data (if they don't already).

It’s like those podcasters that figure out who’s dating whom by looking through their Venmo.

We just need to watch for large transactions with the Iranian flag and boat emojis…

Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire

#122

Post by nickff »

logicchains wrote: post #95
iugtmkbdfil834 wrote: post #20

It is interesting in several different ways, because I was speculating on how it is being done before current cease fire. Everything seemed to be point to Yuan ( or other non-USD currencies ), which then are more easily settled by vessel owners and likely buried under some non-descript names like fees to be , maybe, questioned later its all done. edit: And it seems I was wrong despite it being my initial thought in t…

It's a sad indictment of the RMB that Iran would rather use BTC for bypassing US sanctions.

Iran is already quite dependent on the PRoC as a trading partner; using RMB as their primary currency for these payments would further increase their 'counter-party risk'. That said, RMB exchange-rate manipulation may also be a significant factor in their decision.

Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire

#123

Post by surgical_fire »

citrin_ru wrote: post #88
insane_dreamer wrote: post #67

Earlier quoted context omitted.

> extortion not really; you would have to pay to run an oil pipeline through another country's territory even if that country wasn't bearing the cost of maintaining the oil pipeline the strait isn't international waters -- it's part of Iran and Oman's territorial waters

For land pipelines thiere no eqauvalent of the United Nations Convention on the Law of the Sea according to which both Oman and Iran should allow free passage of ships. And "normal" path lies on Oman's waters which dones't stop Iran from attacking ships there. The strait toll is a pure racketeering.

What does the UN convention says about killing civilians and destroying civilian infrastructure?

I think any such pretenses were abandoned right off the start.

Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire

#124

Post by Pay08 »

ultrattronic wrote: post #114
Pay08 wrote: post #96

Earlier quoted context omitted.

With Iran's hyperinflation, why wouldn't USD make sense?

I think they’re kinda mad at the US at the moment

They're risking another January-like protest if they don't stabilise their economy.

Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire

#125

Post by bradleyankrom »

Pay08 wrote: post #94
jMyles wrote: post #55

Earlier quoted context omitted.

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...

Lebanon has also said that the ceasefire doesn't apply to Hezbollah, since they insist that both them and Israel are at war with Hezbollah, not with each other. The only parties that say it does are Hezbollah and Pakistan. Also, I really wouldn't suggest using aljazeera.

I've found Al Jazeera's (English) coverage of the region to be informative. YMMV.

Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire

#126

Post by whateveracct »

762236 wrote: post #44
whateveracct wrote: post #26

Earlier quoted context omitted.

Trump was talking about the protests there and that the US would help them. And we kept killing Iranian leadership lol. Why are you taking what the Trump admin says at face value, anyways? Are you still a fool after all these years? This is like "fool me a 10,000th time" by now haaha

What he says matches to reality: that regime change isn't possible with an air war. Thus even if you don't listen to him, we know from prior experience that regime change is highly improbable. Every person educated about these things knows that.

The contemplated (and moved!) ground troops for weeks lol.

Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire

#127

Post by SilentM68 »

mvkel wrote: post #62

[flagged]

Another possibility is that what's left of the regime has been given a certain time to flee and thus are plotting their exit and trying to pocket every last cent of wealth to take with them before they go into exile.

Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire

#128

Post by Pay08 »

bradleyankrom wrote: post #125
Pay08 wrote: post #94

Earlier quoted context omitted.

Lebanon has also said that the ceasefire doesn't apply to Hezbollah, since they insist that both them and Israel are at war with Hezbollah, not with each other. The only parties that say it does are Hezbollah and Pakistan. Also, I really wouldn't suggest using aljazeera.

I've found Al Jazeera's (English) coverage of the region to be informative. YMMV.

Perhaps informative as a study of institutional bias and government interference.

Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire

#130

Post by hdhdhsjsbdh »

mvkel wrote: post #62

[flagged]

American exceptionalism is crazy. We do not always come out on top. Sometimes – quite frequently actually – we are dumb as shit, overplay our hand, and create more problems for ourselves than we solve. 4D chess is a myth.
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