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Iran starts Bitcoin-backed ship insurance for Hormuz strait

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421–430 of 737 posts

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

#421
post #416

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…

We've been planning interventions in Iran for 40 years and they constantly get revised or updated. Iran is literally one of few countries known for drones, which they based on stolen drone tech from western countries. It's not realistic that we entered this conflict unaware that Iran could harass the strait cheaply. The problem is that Israel bombed their entire leadership structure and there's seemingly nobody to de…

> We can absolutely continue destroying their capacity to do things, but the terrorists do not care about their own people or the world. They will use human shields and continue seeking nuclear weapons. They do not value human life or rules. This is why they can never have a nuclear weapon.

It's the US and Israel that are the "terrorists" and yet both have nuclear weapons. You literally say yourself that we can "continue destroying their capacity to do things", and like your definition of terrorists, the US/Israel are using us (US citizens) as human shields.

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

#422
post #294

Earlier quoted context omitted.

Would it not be pretty counterproductive for other countries to assist the US in this case? That seems only likely to prolong / exacerbate the war. The US giving up would be much faster.

Whether it would be counterproductive or not depends on what those other countries are trying to produce. None of them particularly want to pay tribute or protection money to Iran, especially because Iran could then decide to close the strait again or raise the fee at any time. They also don't want to set a precedent that other countries might exploit for charging transit fees through their national waters. And the U…

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

#423

The US should be happy about this. Maybe. Iran seeking reparations is a reasonable demand, this gives the US a way to satisfy a demand without having to pay themselves - which certainly would not be popular, to say the least - making an exit easier. There is of course the risk of setting an undesirable precedent and it is not clear what the consequences of that would be.

Iran has been funding terrorists for decades and the IRGC has murdered tens of thousands of Iranians. There are no reparations for terrorists getting their comeuppance.

It's the US that has been funding Zionist terrorists for decades. It's wild how the generational divide between those who have been subjected to a lifetime of Zionist propaganda vs those of us who have had access to the truth is completely irreconcilable.

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

#424

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The straight was open until the US/Israel attacked Iran without reason (and by bombing an elementary school full of girls).

Lets not let the truth get in the way of defence companies selling weapons for another middle east conflict!

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

#425

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?

Iran is more popular than ever before because they've stood up to the Zionists. Have you not seen the Boom Boom Tel Aviv music video? Or the Lego videos?

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

#426

Earlier quoted context omitted.

Incorrect, plenty of countries have had their ships transit the Strait including China, Philippines and Pakistan https://www.bbc.com/news/articles/c79jqx1xdy9o

They shot at Indian vessels, so you are wrong they are blocking neutral nations. India is not allied to USA or Israel. That they let some vessels through doesn't mean they don't shoot at neutral ships, they shoot at most neutral ships. https://iranwire.com/en/news/152407-30-ships-passed-through-...

Pay toll and don't get your ship bombed.

They likely didn't pay to move their goods through the strait.

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

#427
post #280

Isn't this bad for bitcoin? I expect the US will immediately say "No don't pay that" and start prosecuting people that pay via bitcoin, because of course it's traceable. Am I missing something?

How is this a change from status quo? Bitcoin has been the currency of crime since soon after its inception. Back when you could mine on a CPU it was the way to monetize stolen compute. It was the way to buy illegal things on the now-pardoned silk road. It was the way to pay off ransomware. It is now the currency of dark influence money. Using it to pay off a shipping protection racket is prettymuch par for the cours…

> Bitcoin has been the currency of crime

Like, say, cash, or check, or wires, or any other payment mechanism?

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

#428
post #398
post #392

Earlier quoted context omitted.

> I think the regime is very weak. The "enemy of my enemy" concept suggests that even if the people hate their government, their immediate pain is being caused by the United States and Israel, so I'm less confident about that. > Iran does not think they are dealing with a madman. Iran does think they are dealing with a mad man, or at least a government practicing a policy (as the US administration's apologists have t…

> Iran does think they are dealing with a mad man, or at least a government practicing a policy (as the US administration's apologists have termed it) "intentional volatility". We're going to agree to disagree. I know this is what "people" are saying about the US. But it's not what Iran thinks and it's not what the US is actually doing. This is what Iran wants you to think, as it weakens the US, and what it's going t…

> But it's not what Iran thinks and it's not what the US is actually doing.

I think you need to provide some evidence for your claim. The US had a deal with Iran. A madman ripped up that deal, started a war with a decapitation strike, and is now attempting to negotiate a deal we already had before we spent billions of dollars killing school kids. The “People” you dismiss includes scholars, strategists, experts on international relations.

You could possibly explain trumps behavior as rational if you believe he is trying to avoid getting arrested for pedophilia, but that doesn’t build trust. In any case, the issue of competence comes up. Even if you could trust the person who renamed the Defense department to the War department, that person simply isn’t competent.

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

#429

Earlier quoted context omitted.

Geography prevents most people from exerting the form of control Iran has. It would be much more difficult for, say, Canada to control it. The Iranian coastline is pretty favorable. Also, most governments are more susceptible to being bombed than Iran. They’ve been preparing for it for decades. If nearly any country (except for maybe a couple of Irans neighbors) tried, they’d be easily routed.

Iran is getting a lot of help from Oman, so perhaps thats a place to start.

What do you mean by "so that's a place to start"?

Oman is known as the "Switzerland of the Mideast" and has served as a trusted mediator in the region for a long time. Ostensibly, the Omanis have advised the US about the perils of attacking Iran, which is why no president before the current one was stupid enough to do it.

The US is the second largest foreign investor in Oman, and Oman is one of just 14 countries the US has a Free Trade Agreement with. US citizens can own a business in Oman 100% without a local partner.

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

#430

Earlier quoted context omitted.

Yes. The US is already increasing exports from the Gulf and UAE broke with OPEC to increase the throughput of Fujairah. If Gulf countries start exporting through Fujairah or other ports, it's eventually game over for Iran.

All of those are within range of Iranian missiles and drones. The only ways out of this are total war or final settlement giving Iranian favorable terms.

The US, China, Russia, India etc can bolster UAE defense in Fujairah. It's UAE and Omani controlled waters around there, the same area that the US is enforcing its current blockade.
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