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Iran starts Bitcoin-backed ship insurance for Hormuz strait

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241–250 of 737 posts

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

#241
post #156

Earlier quoted context omitted.

Or they'll use a pair of binoculars (or a drone with a camera) to ignore the decoys and shoot at the actual ship...

The horizon at sea level is about 3 miles. The strait of Hormuz is 35+ miles wide. Any mechanism used to get around this would be detectable and could be attacked with relatively inexpensive ordinance.

About 20 meter elevation would be needed to cover the navigable part of the strait. So, a couple of tall ladders?

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

#242
post #171

Earlier quoted context omitted.

The level of ordinance is enough evidence that there is significant outside support. RPG-7s do not grow on trees in Somalia. I hazard to guess an RPG on the black market is also a great expense to anyone who isn't being given one by one of these groups connected to the arms trade in effort to advance their goals or position in some way.

Well why do you think they want to raid these ships? To buy more RPG-7s, of course! But seriously, if they were being funded by other groups, why pirate in the first place?

Same reasons as the context of this photo (1). One party would like to advance some geopolitical interest, another party is willing to do it if they are paid and supported as such. No different than any other business deal.

1. https://upload.wikimedia.org/wikipedia/commons/b/b8/Reagan_s...

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

#243
post #223

Earlier quoted context omitted.

Iterating on a rocket design is not like making a tweak to a line of code. It needs production line changes, manufacturing, testing, (repeat X times) where the process takes weeks, months or even years untill desired results can be achieved. And their manudacturing sites have been reduced to rubble, so that slows things down too.

As I said I'm only a software engineer but didn't Ukraine revolutionize the rules of asymetric warfare by drone iteration? Your statement rings true but I wonder if there are aspiring rocket engineers that really want to test their totally unproven new ideas without the constraint of a military hierarchy in peacetime.

Yes, that is a fair point. However, the cost of drone versus latest generation ballistic missile that has a chance to reach us naval ship is very different. And in that sense, iterating on a drone is closer to iterating on a line of code because one drone would cost you a thousand bucks and your iteration is a small tweak like adding a different grenade triggering mechanism. Rockets require custom design, custom manufacturing lines, and generally much more difficult to modify and make more effective.

You also have a lot more tries with cheap drones since the target is lower value, so you have hundreds of data points on how each iteration performs vs hitting a naval ship which is an extremely rare event, so it's hard to see whether your iteration on a rocket actually succeeded.

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

#244
post #219

Earlier quoted context omitted.

It's worth remembering that the Iranians have as yet never claimed that the strait is mined. They have said that it may be. A lot of reporting misses this and assumes (perhaps deliberately) that the presence of mines is a fact. But of course Iran doesn't need mines to enforce the blockade. They have drones and missiles that can be operated safely from 100's of kilometres away. They have anti-ship sea-skimming missile…

I think the question is about bitcoin mining power and now actual mines

Ha! You would be right. My mistake.

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

#245
post #171

Earlier quoted context omitted.

The level of ordinance is enough evidence that there is significant outside support. RPG-7s do not grow on trees in Somalia. I hazard to guess an RPG on the black market is also a great expense to anyone who isn't being given one by one of these groups connected to the arms trade in effort to advance their goals or position in some way.

> The level of ordinance is enough evidence that there is significant outside support. "I have no evidence, but I can't think of other scenarios so it must be true!"

Well it isn't like you can do very much hunting with an RPG-7. Its purpose is to destroy material that you cannot with small arm fire and that sort of limits the intended purpose and customer.

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

#246
post #216
post #171

Earlier quoted context omitted.

The level of ordinance is enough evidence that there is significant outside support. RPG-7s do not grow on trees in Somalia. I hazard to guess an RPG on the black market is also a great expense to anyone who isn't being given one by one of these groups connected to the arms trade in effort to advance their goals or position in some way.

They cost under $500/launcher: https://nationalinterest.org/blog/buzz/one-for-history-books... $300/launcher here: https://www.un.org/depts/los/nippon/unnff_programme_home/fel... A decade ago it wasn't terrorist groups funding them.

Seems cheap to you and me but that is about the full annual income of someone from somalia. It isn't realistic for an individual to purchase one without external support.

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

#247

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…

The US didn't win the Vietnam War and didn't even unambiguously win the Korean War.

What the US did was show it would make life uncomfortable for those who challenged the liberal trade order and politically-and-economically offer benefits for those who embraced this order.

What Trump has done is just attack Iran (during negotiations) with no real counter-offer. Iran has responded by attacking everything in sight because nothing was being offered by the US.

Clearly the result is indeed a serious failure on the part of the Trump administration but it's a failure that seems to come from not even understanding that "Pax Americana" has depended on the carrot and the stick.

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

#248
post #67

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…

> United States using its military to keep international waters open Being a little pedantic, as per my knowledge, the Strait of Hormuz is not “international waters”. It’s territorial waters belonging to Iran and Oman. AFAIK, Iran hasn’t ratified UNCLOS either, and claims it is not subject to it.

It's prohibited under international law to attack a sovereign nation, like the US has done to Iran, so the point of Iran closing the Strait in response to this is very much moot.

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

#249

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…

The power wasn't there in the first place if the administration couldn't defend Hormuz. It's all the same capital and resources that prior administrations had. The actual blunder was exposing that weakness to the world. We could have done nothing and reputation would've carried the idea that we could.

> The actual blunder was exposing that weakness to the world.

The world already knew.

The real strength of the prior admins was in simply not needing the military force. The 2015 Iran nuclear deal is a relevant example here. It didn't cost the US anything.

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

#250

Earlier quoted context omitted.

Terror state, for them doesn't include genocidal colonialist invaders like Israel. These descriptions are from objective scholars including Jewish ones btw.

[flagged]

Israel has killed many in Iran during the recent war, hasbara trolls hang out on forums to tell people otherwise.

It doesn't care in the slightest for Iranians and wish utter turmoil in the country, we have seen it's treatment to Arabs clear as day in Gaza and the West Bank.

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