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Iran starts Bitcoin-backed ship insurance for Hormuz strait

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Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait

#111

Post by Jensson »

nerfbatplz wrote: post #48
everdrive wrote: post #20

Much of the post-WW2 American-led world order was founded partially on the United States using its military to keep international waters open. It would be quite stunning Iran defeated the united states in this sense. The military might is there, but this administration clearly had no idea what they were getting themselves into and did not plan accordingly. (and does not have the will or public support to do so) The b…

Ironically the US has never ratified UNCLOS. The American professed interest in maintaining right of passage does not appear to require them to be held to the same standards. Also the Strait of Hormuz is an international strait not international waters. The entire strait lies within Iranian and Omani waters. Frankly it's a bit absurd to complain that your ships can't transit a country's waters while you bomb them.

> Frankly it's a bit absurd to complain that your ships can't transit a country's waters while you bomb them.

The issue is they block all non-Iranian ships, not just American ships. Basically nobody would have complained if they only blocked American ships.

Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait

#112

Post by kakacik »

deadeye wrote: post #100
everdrive wrote: post #20

Much of the post-WW2 American-led world order was founded partially on the United States using its military to keep international waters open. It would be quite stunning Iran defeated the united states in this sense. The military might is there, but this administration clearly had no idea what they were getting themselves into and did not plan accordingly. (and does not have the will or public support to do so) The b…

Or is it posible this administration just took a win-win-win position? 1 - US oil and gas companies make money as oil proces rise. The US is the largest producer in the world. 2 - China loses it's major source of oil and gas. 3 - Iran gets neutralized. It may not look like it now, but it will probably end up that way.

3 - Iran moderates are neutralized, so hardcore fanatics from IRGC take over. Loss for literally everybody.

Otherwise, 1) and 2) are true, Europe is bleeding through the nose with buying US oil and depending on its current antagonist, not smart long term situation that we need to move away asap.

Somebody in US government is making literal billions on shorts and various trade deals just before major announcements keep happening, those are not that hard to see in markets. Current top public bet on this is trumps family and his close coworkers, and their families. If you ever want a witch hunt on traitors and collaborators against US citizens and society, smart up, forget Wall street and just follow those money very directly to culprits.

Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait

#113

Post by kakacik »

Jensson wrote: post #63
outside2344 wrote: post #54

Earlier quoted context omitted.

A Iran drone then bombing UAE's oil infrastructure as payback?

They are already doing that so it wouldn't change anything.

No they are not right now, otherwise we would have full news every day of it. Defense rockets for stuff like Patriot ran out, those systems are trivial to overwhelm and deplete in the age of cheap drones and become useless quickly.

Same for the major airports, they keep working, people keep flying to the asia, albeit in less numbers.

Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait

#114

Post by CommanderData »

colordrops wrote: post #64
stormking wrote: post #61

[flagged]

Is the US or Israel asking for blockchain payments for access? "terror state". I would have hoped that HN users would be smarter than to parrot FOX news propaganda.

Terror state, for them doesn't include genocidal colonialist invaders like Israel.

These descriptions are from objective scholars including Jewish ones btw.

Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait

#115

Post by everdrive »

deadeye wrote: post #100
everdrive wrote: post #20

Much of the post-WW2 American-led world order was founded partially on the United States using its military to keep international waters open. It would be quite stunning Iran defeated the united states in this sense. The military might is there, but this administration clearly had no idea what they were getting themselves into and did not plan accordingly. (and does not have the will or public support to do so) The b…

Or is it posible this administration just took a win-win-win position? 1 - US oil and gas companies make money as oil proces rise. The US is the largest producer in the world. 2 - China loses it's major source of oil and gas. 3 - Iran gets neutralized. It may not look like it now, but it will probably end up that way.

Even if this analysis were accurate, I would feel much better if the administration had intentionally gone this route rather than accidentally blundering into it.

Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait

#117

Post by severino »

seanclayton wrote: post #92
bradley13 wrote: post #22

Iran 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?

Ukraine also gave up its nukes. Look how that worked out for them and Europe.

Were they theirs? Germany has nukes too but they're not theirs, they're from the US. Germany can't say "fuck off" to the ~50k Americans stationed in the country, leave NATO and get to keep the nukes.

Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait

#118

Post by jauntywundrkind »

anukin wrote: post #7
jauntywundrkind wrote: post #2

[flagged]

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.

You do what the the US is doing right now to starve Cuba & end civilization there: you embargo/sanction anyone doing business there.

Like the Treasury/Dept of Commerce & others did with North Korean backed Tornado Cash. Some very quickly retrieved/not well researched (caveat reader) search links; https://home.treasury.gov/news/press-releases/jy0916 https://www.paulhastings.com/insights/crypto-policy-tracker/...

Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait

#119

Post by adjejmxbdjdn »

deadeye wrote: post #100
everdrive wrote: post #20

Much of the post-WW2 American-led world order was founded partially on the United States using its military to keep international waters open. It would be quite stunning Iran defeated the united states in this sense. The military might is there, but this administration clearly had no idea what they were getting themselves into and did not plan accordingly. (and does not have the will or public support to do so) The b…

Or is it posible this administration just took a win-win-win position? 1 - US oil and gas companies make money as oil proces rise. The US is the largest producer in the world. 2 - China loses it's major source of oil and gas. 3 - Iran gets neutralized. It may not look like it now, but it will probably end up that way.

1 - A win for the shareholders of U.S. oil companies, close to half of which aren’t even Americans, but not a win for Americans even on a purely financial basis given that they are paying more for gas and food. 2 - China hasn’t lost its source of gas and oil. They have more reserves than the rest of the world put together and can outlast every other country, and they’re still getting shipments. 3 - The exact opposite of reality. Iran’s potential to acquire nuclear weapons was one of their biggest dangers for the rest of the world. But with this the U.S. has given Iran a new actual power that had been conjectured but never realized. Control over 20% of the world’s fuel supply and large percentages of other critical raw materials.

Re: Iran starts Bitcoin-backed ship insurance for Hormuz strait

#120

Post by [deleted] »

bdangubic wrote: post #32
srean wrote: post #19

Earlier quoted context omitted.

That's significant messaging though -- we don't have anything to hide, down with the dollar. I have read many comments that the regime wants to money launder the inflow. Bitcoin would be rather inconvenient for that.

What would be a reason to money launder the inflow?!?

[deleted]
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