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Iran starts Bitcoin-backed ship insurance for Hormuz strait

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441–450 of 737 posts

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

#441

Earlier quoted context omitted.

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.

That scraggly tag team of allies, the US, China, Russia, and India.

I can only see two natural allies here (US and India) and clear reasons why Russia and China benefit from the current order, or at least are harmed less than the US.

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

#442

[flagged]

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.

It’s probably still a lot cheaper to pay toll than moving cargo from Jebel Ali to Fujairah over land

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

#443

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 post-WW2 American-led world order was, at times, a shared world order between the United States and Soviet Union. Free trade, perhaps, was "enforced" by the United States Navy but that was for the benefit of all nations and it seems to me to have been something pretty widely understood. If the US military fails to keep international waters open, that harms everyone, and everyone more so than the United States. Th…

>If the US military fails to keep international waters open, that harms everyone, and everyone more so than the United States.

Only in the sense that the US has forgotten its a participant in trade. But that seems to be pretty standard at this point.

>There's this continued misunderstanding that America did this or that, or securing global shipping is for America to do, or what have you.

I honestly would be happy if the world implemented the total blockade on the US that it seems to desperately imagine would be the best outcome for its own economy. Like some giant north korea. Seal the US shut and watch its economy explode with amazing mercantilist economic forces.

It would be nice if they hadn't stuck their dick in this particular bee hive. Its not that we collectively expect the US to secure shipping, but that we would be happy if the US didn't take actions seemingly calculated to make life worse for everyone else on the planet.

>So I'd say, be careful to join other isolationists and smugly cheer for the US to "lose" to Iran, and in which case you can expect much worse as the US says "forget it" and only seeks to protect its own vital interests

I am just waiting for the EU\UK\AU to get its shit together and clean up Trumps mess, so we can move to the point where the global order works without the US. The US didn't provide these services just for the fun of it, its largely just a soft power move, to engender the willing support of other nations. We can and will have successful global trade without the USA. And we can and hopefully will just let the empire rot and seethe from behind its own closed borders.

>Iran would simply watch their entire economy collapse, while Americans are paying a couple bucks more for cheeseburgers and milkshakes.

Iran's economy wasn't exactly in the best position before this. I wouldn't underestimate them. At least not again.

>But the perspective that the US would be defeated is the incorrect one

The US losing decades of work on shoring up willing support and soft power is a massive defeat. And it comes off the back of several other similar losses. It used to be the case that a lot of the planet put "America first" but that's becoming an untenable position. Trump has successfully turned worldwide public opinion against the US. Its electoral suicide in a lot of countries to give in to his nonsense. Every ounce of good will towards the US bought since WW2 has been spent.

>No more caring about Taiwan or Ukraine

Not like a lot of this has been going on. Looks like France is supplying 2/3rds of Ukraines intelligence. Actually the reverse is true here. If the US wants to retain some shred of its predominant position, it needs to get stuck in. Otherwise honestly we will just manage without you.

>remember Iran helps Russians kill Ukrainians?

There's been US weapons in basically every war zone going back decades. ISIS loved Humvees. The US is helping Israelis kill a lot of people right now. If Israel doesn't have a plane capable of delivering the US ordnance, the US will step in to provide it. I don't think this is a glass house that any supporter of the US should be throwing rocks in. Heck I think the US bombed those F 14 Tomcats you supplied to Iran in the opening strikes of this war. "But but the arms sales" he cries as he sells arms to war criminals. This is exactly why the US developed soft power, so that it could say that certain arms sales were illegal and have people reliably agree with them. Those credits have been spent. Its crazy to me that you would expect people to treat you with the respect that you have demonstrated you don't deserve.

>you can expect much worse as the US says "forget it" and only seeks to protect its own vital interests without regard to the rest of the world

Literally current US foreign policy. Why warn people that what is currently happening, might happen? Only slight correction is that the US sees Israels interests as its own vital interests, or can be reliably fooled into doing so at everyone else's expense.

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

#444
post #417

Earlier quoted context omitted.

international law is an agreement between both parties.

I think that agreement broke when the US illegally bombed Iran, including a girls' school, and killed their leader.

I'm not making the case they should follow international law you are.

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

#445
post #431

There's no insurance scheme the IRGC can concoct that protects against the US navy hitting your rudder with a 20mm gun.

The US fundamentally wants the oil to flow globally. Its secondary blockade of the Strait seems to be driven by optics and PR rather than strategic value.

It's a pressure campaign to get a nuclear deal. NYT reported Iran already offered to open the strait, end hostilities, and negotiate a nuclear deal later, but the US rejected that offer as they want to pressure them into giving up their uranium.

Now Iran is demanding money in exchange for the uranium which is the primary roadblock.

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

#446

Earlier quoted context omitted.

No, Japan had not surrendered before the bombs. There is no evidence of that in Japanese or western history. Where are you getting that from? > Are you saying USA cared about the Chinese? I’m saying it was not beneath Japan to commit horrific atrocities on civilians. You can’t pretend they were some high moral actor that was only performing a military action to defend themselves.

Did I say the Japanese were good guys? Everything the Japanese did, UK, USA and other European countries have done worse. They're still doing it. Going back to the original reply, US Navy only benefited the US by screwing over the rest of the world

It was the US that made all these countries stop committing atrocities, so they are the good guys.

World war 2 was the war of 3 different evil ideologies, you had the fascists vs the communists vs the imperialist England and France. The war ended with both the Imperialists and the Fascists defeated so European imperialism ended there, England and France had to give up their colonies.

If not for USA likely Europe would still have colonies and just be as imperialist as they used to be, same with Japan. USA might not be as good as these defeated imperialists, but it was still USA that ended the age of European imperialism that was so much worse than anything USA has done since ww2.

(I'm a European)

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

#447

Earlier quoted context omitted.

The post-WW2 American-led world order was, at times, a shared world order between the United States and Soviet Union. Free trade, perhaps, was "enforced" by the United States Navy but that was for the benefit of all nations and it seems to me to have been something pretty widely understood. If the US military fails to keep international waters open, that harms everyone, and everyone more so than the United States. Th…

Is it truly 'US Navy securing safe shipping for everyone'? From whom? Where? When was the last time they actually did that? > 'because there would be no America to come help and save the day' No more American meddling would result in much saner and safer world. Wherever they stick their fingers, the instability and wars ensue. > pay to play and a global American security tax That's the current world.

>Is it truly 'US Navy securing safe shipping for everyone'? From whom? Where?

Imagination land.

>No more American meddling would result in much saner and safer world. Wherever they stick their fingers, the instability and wars ensue.

We need the USA to defend us against the results of the USA defending us.

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

#448
post #417

Earlier quoted context omitted.

I think that agreement broke when the US illegally bombed Iran, including a girls' school, and killed their leader.

I'm not making the case they should follow international law you are.

I'm not, either.

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

#449

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.

Oman is not helping them, they are merely being granted tolls by Iran because the strait is shared. Iran has launched several attacks on Oman.

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

#450

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.

Iran is also playing a PR war lately, playing the victims of the big bad USA.

They IMO embarrassed themselves hugely by shooting missiles and drones at their neighbors; not sure they'll want to also try to sink (literally) a new way for the world to get oil from that peninsula but through other routes.

Though of course propaganda knows no rest. They'll likely bend over backwards and do a front flip to again make it the fault of everyone else but not them.

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