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Iran demands Bitcoin fees for ships passing Hormuz during ceasefire

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191–200 of 300 posts

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

#191

Earlier quoted context omitted.

The democrats deserve a fair share of the blame for that just for their having created and maintained the two-party duopoly along with the Republicans. At the very least its not the voters fault if the only viable alternative to the Republicans is constantly rigging (or in this case straight-up bypassing ) their own primaries to put corrupt party insiders at the forefront.

The root cause is the first-past-the-post voting system that ensures a two-party system. But for the party with the most responsibility for blowing it all up I'd like to nominate Rupert Murdoch. Most visibly with Fox News, but really his entire media empire

> The root cause is the first-past-the-post voting system that ensures a two-party system.

Hear, hear.

I'm rooting for the fast uptake of STV across the US.

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

#193

Earlier quoted context omitted.

I'm not sure I follow your logic, but one could argue this campaign with drones and cheaper missiles taught Iran it doesn't even need a nuclear deterrent anymore. Between this and Ukraine, the logic of a nuclear warhead deterrent might be considered a paradigm relic from 20th century.

This is false. If Trump had chosen to nuke Iranian cities, Iran would have had no recourse without a proper nuclear bomb.

Iran's nuclear bomb is to take out desalination plants in Kuwait, Bahrain, Qatar, UAE and Saudi Arabia. It would be game over for the GCC.

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

#194
post #39

Does this mean ceasefire is now broken? The 10 point plan was to be discussed later in the peace talks, but what was the exact conditions that predicated the ceasefire?

I suspect more fighting in Lebanon means less oil through Hormuz. Iran kept its definition of "open" vague. Everyone is keeping the pressure up during negotiations.

Maybe I'm just cynical but I have to assume someone will test the extent Iran can hold them to a payment if it doesn't want to stop maintaining the terms of the ceasefire to back up the demand?

(Edit- missing negative)

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

#195

Earlier quoted context omitted.

I suspect more fighting in Lebanon means less oil through Hormuz. Iran kept its definition of "open" vague. Everyone is keeping the pressure up during negotiations.

Maybe I'm just cynical but I have to assume someone will test the extent Iran can hold them to a payment if it doesn't want to stop maintaining the terms of the ceasefire to back up the demand? (Edit- missing negative)

They've blown up several ships so which ship owner will test them? Spend $1m on a transit fee or risk $90m on a new tanker.

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

#196

Earlier quoted context omitted.

If both sides don't agree on the terms of a ceasefire you don't have a ceasefire.

hmm so the iranian diplomatic side can't even read english...? I mean, I wouldn't expect a random diplomat to read iranian... but would 99.999999999% expect to read english those iranian side who didn't point out "hey english version is different!" are all bonkers

1. The version of the ceasefire that you are got third hand from Twitter or American news outlets are not accurate.

2. Iranians can't read.

Which do you think is more likely?

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

#197

A "few seconds" to pay in bitcoin? So the captain is supposed to be watching for a response via email with his finger hovering over the pay button? Is the recipient address static? Surely they would use unique payment addresses if they have any hope of obfuscating payments. This all sounds more like a TV show script than an actual thought-out plan to me.

Presumably these are lightning invoices, which can resolve in milliseconds.

Is there a limit on how much the lightning network can handle? Those are pretty large transactions.

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

#198

Earlier quoted context omitted.

Maybe I'm just cynical but I have to assume someone will test the extent Iran can hold them to a payment if it doesn't want to stop maintaining the terms of the ceasefire to back up the demand? (Edit- missing negative)

They've blown up several ships so which ship owner will test them? Spend $1m on a transit fee or risk $90m on a new tanker.

Is the US seriously going to side with Iran on a missing payment? Assuming not, is the value of the ceasefire more than $1m for Iran if a ship slyly doesn't pay or the few million if one starts a trend? As I said I might be cynical but I see layered games of chicken where some people are surprisingly risk tolerant..

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

#199
post #138

Earlier quoted context omitted.

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

Honestly, it’s a good counter to get both sides of the coin. At the moment you’ll find BBC, CNN, NYT et al on one end and Al Jazeera on the other. I also look at DW for a more balanced approach. Don’t consume from one camp!

Just be aware that DW is literally government propaganda. If you want news from a German perspective, it's great; however its purpose is explicitly to give the German governments POV.

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

#200

Earlier quoted context omitted.

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.

You make it sound that there are only two sides in this story.

Spain, Argentina, Kenya, Indonesia, Kuwait and countless other countries haven't bombed any civilian infrastructure either and yet they will be affected by the aggressive posture around international maritime traffic.

Are you expecting that Iran will not apply the fee to ships that sell oil Malesia or South Africa?

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