I guess I'm just surprised they even bother trying to mask an obvious shake down under the euphemism "insurance" when it's such a trope. Obligatory Sopranos clip of old school mobsters trying to sell "protective insurance" to a Starbucks: https://www.youtube.com/watch?v=_Gsz7Gu6agA
Iran starts Bitcoin-backed ship insurance for Hormuz strait
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Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait
#22Iran could easily have garnered a lot of international sympathy and support. Instead, they attacked their neighbors, impacted the world economy, and now are basically asking for blackmail money: "nice ship you have there...".
Maybe Trump should bomb them some more?
Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait
#23More of a "Bitcoin-Backed Protection Racket", presumably?
Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait
#24[flagged]
Kicked out? If the Dems don't win the Senate, nothing will change until maybe February 2029 but pretty sure the same people that gave him this power of insanity are just going to vote for the next nightmare, there's no lesson learned, not even with $5 gas and $6 diesel I don't even think a full blown recession would change anything And now they are bringing the warships back to Cuba so get ready for next distraction…
You and I and everybody else just handed $1 million to Jan 6th insurrectionists.
Whatever is going to happen over the next 24 months is already in motion. All we can do now is prepare. And maybe get a little less squeamish.
Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait
#25There's no insurance scheme the IRGC can concoct that protects against the US navy hitting your rudder with a 20mm gun.
Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait
#26Iran could easily have garnered a lot of international sympathy and support. Instead, they attacked their neighbors, impacted the world economy, and now are basically asking for blackmail money: "nice ship you have there...". Maybe Trump should bomb them some more?
Iran knows hard currency is better than soft power
Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait
#27More of a "Bitcoin-Backed Protection Racket", presumably?
We know they are just going to spend it all on polymarket.
Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait
#28Iran could easily have garnered a lot of international sympathy and support. Instead, they attacked their neighbors, impacted the world economy, and now are basically asking for blackmail money: "nice ship you have there...". Maybe Trump should bomb them some more?
[flagged]
Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait
#29Earlier quoted context omitted.
How do you ban bitcoin? It’s not hosted or supported by American financial rails or any entity like swift which can be influenced by the USA in any meaningful way.
It's supported and influenced by the USA in the sense that if you can't ever turn it into dollars it becomes much less interesting.
Anything anyone wants to spend money on, can be converted into dollars. The currency has no tell in what it is used for.
Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait
#30There's no insurance scheme the IRGC can concoct that protects against the US navy hitting your rudder with a 20mm gun.
US Navy has shown particular strength in this conflict against Iran, sitting in the international waters many (many, many) miles away and chillin :)