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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

#62
post #31

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

Just wait for CENTCOM bulletin with their USDC blockade insurance address

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

#63

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

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

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

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

#65
post #41

Earlier quoted context omitted.

Whats weak about doing the smart thing?

American destroyers and aircraft carriers have been chased away from the Strait multiple times now. Hilariously the USS George HW Bush had to go the long way around Africa rather than risk transiting the Bab El Mandeb after the Houthis defeated the US Navy last year.

In what way were they chased away? Iran tried to sink them and didn't hit any shots, and many on Iran's side died trying. Many IRGC soldiers dying and not even scratching the paint on US vessels doesn't show US to be weak.

> Hilariously the USS George HW Bush had to go the long way around Africa rather than risk transiting the Bab El Mandeb after the Houthis defeated the US Navy last year.

Valuing the lives of your crewmen and avoid terrorists is bad how? USA not wanting their soldiers to die is weak? Would you want more deaths on US side to show strength?

USA can win this war with barely any casualties, why would you not do that? And USA being able to do this with barely any losses shows tremendous strength to me, Iran was more powerful than Ukraine but USA could establish aerial superiority immediately with no losses, this is so much stronger than what Russia displayed.

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

#66

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 administration knew this very well. They've been swinging the markets wildly and intentionally several times and they and their buddies have made billions from it.

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

#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.

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

#69

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

Exactly. The US just announces that they will take any vessel that pays for transit. So, what happens then? Any vessel that goes through and the IRGC doesn't shoot them, the US seizes. So, no one pays since they can't pay for successful transit. The fun game is that all the vessels just go at once. Any that the IRGC doesn't shoot the US takes. Any that it does shoot sink. So, no transit. Unless IRGC doesn't shoot at all, in which case everyone gets out of there with just one vessel paying the ransom. Ultimately this doesn't work for the IRGC as the US is far more capable of closing the strait than Iran is.

The US can also fuck with Iran by getting slight cooperation from ships in the Gulf of Oman by getting some small inflatable boats with remote control and AIS transmitters on them. Put the boat in the water next to a ship, turn of the ship's AIS, turn on the boats AIS, and send the boat through. Send hundreds of them. IRGC won't know what to shoot at or will expose their positions by firing at a rubber raft.

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

#70

[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.

I echo your sentiments. Much of the 'Murika 'Murika bluster even on this thread is so childishly unreal (as if from a MAGA wet dream parallel universe) that it almost doesn't rankle anymore. One feels that even they don't believe their own propaganda anymore, and are still shouting it to somehow "will" it into existence ...
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