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Iran starts Bitcoin-backed ship insurance for Hormuz strait

bloomberg.com

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

#631

Post by watwut »

irishcoffee wrote: post #234
Majromax wrote: post #190

Earlier quoted context omitted.

> It’s territorial waters belonging to Iran and Oman. The trick is that it's still an 'international strait', or a segment of water that forms the only connection between two areas of high seas -- in this case the Persian Gulf and the Gulf of Oman. The principle of freedom of navigation establishes that innocent traffic (civilian traffic, and even warships in peacetime) have a right to use the strait to go from one b…

International law isn’t worth the time someone spent to write the words. It means approximately nothing. OPEC is a cartel, for example.

OPEC is not against international law.

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

#632

Post by solumunus »

expedition32 wrote: post #621
alsetmusic wrote: post #615

Earlier quoted context omitted.

The strongest case for developing nuclear weapons is our lack of invasions of nuclear powers. It's funny how he tore up a nuclear arms embargo / agreement and then acted as though they (Iran) were a threat that couldn't be tolerated. Common saying: "They sell us the sickness and then sell us the cure."

Nuclear weapons have been a strictly self defense capability since 1945 I don't know why the White House is crying about Iran getting them.

Because Iran is an extremist theocracy who literally regards USA as Satan and openly calls for its destruction. Pretty obvious.

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

#633

Post by seanclayton »

Pay08 wrote: post #90
tehjoker wrote: post #71

Earlier quoted context omitted.

This is an incredible 180 degree misinterpretation of who attacked whom. Iran is garnering incredible international sympathy and support. There is no just war theory that can support what America has done to Iran. It is immoral, illegal aggression.

> Iran is garnering incredible international sympathy and support. From who?

Where are you looking at? Maybe look at other places besides the ones you expose yourself to.

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

#634

Post by solumunus »

UltraSane wrote: post #541
antman wrote: post #494

Earlier quoted context omitted.

Nobody credible said or believed Iran was making nuclear weapons. Iran had made it a fatwa against the Islamic law to develop such weapons and Obama had referenced that. They also dont believe bolivian fishermen could reach the US with stocks of drugs, they dont believe venezuela’s president was a hidden drug kingpin, and they also dont believe that Cuba is a credible threat that needs to be blockaded to the stone ag…

Many countries have nuclear power without any enrichment capability. Iran could try not being a pariah state and buy enriched uranium like many countries do. The only real reason to spend so much money and endure so much hardships for uranium enrichment is if they wanted at least the option to make nuclear weapons.

They definitely wanted the option, that’s indisputable really.

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

#635

Post by u1hcw9nx »

belorn wrote: post #593
u1hcw9nx wrote: post #196

Even if Iran would charge $2 million per ship (like it has done) it would be manageable cost for for shipping companies and would generate same amount of income as Iran's domestic oil production. When the US violates the law of the sea in the South America, why not. Everybody complains but understands.

Let say Iran charge 2 million per ship and US boards and takes control over all ships leaving Iran. Everybody complains but understands. What happens at that point? Can shipping companies manage to pay both US and Iran? Will companies and nations complain to the international court, and will UN step in and prevent either side from doing this? As noted the US did this already in south America and nothing happened, and…

>US boards and takes control over all ships leaving Iran.

They do that already. US destroyers have shot round into the engine room of many Iranian oil tankers. Iranian oil is not getting trough.

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

#636

Post by solumunus »

throwaway27448 wrote: post #481
int32_64 wrote: post #25

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

Why would the US navy be attacking ships in the strait of hormuz

To prevent Iran from controlling it. Of course it’s dumb but this is why.

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

#637

Post by _DeadFred_ »

bannable wrote: post #627
_DeadFred_ wrote: post #626

Earlier quoted context omitted.

You'd think the Epstein class would get along better with Iran, seeing as you can get 'temporary' marriages to underage girls in Iran. (google 'iran child bride' and 'iran temporary marriage').

Why would anyone post this comment?

To highlight that both sides are horrific when it comes to the topic being discussed and that both sides need leadership to be changed?

Do you not think horrible behaviors should be highlighted/called out/brought up? Or just that US leadership Epstein connections should be?

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

#638

Post by u1hcw9nx »

tommica wrote: post #517
u1hcw9nx wrote: post #196

Even if Iran would charge $2 million per ship (like it has done) it would be manageable cost for for shipping companies and would generate same amount of income as Iran's domestic oil production. When the US violates the law of the sea in the South America, why not. Everybody complains but understands.

Few things: 1) no one owns the strait, Iran has never owned it, its international waters. 2) Who says they keep it at $2 million? Due to the location they could say anything and people would pay it, that would have a massive impact in worlds economy. And any plans to bypass the strait would get heavy attention from Iran and their friends - because no one wants to lose their cash cow. 3) if Iran is allowed to do that,…

>Has anyone proven that they have been civilians and that they have lied about the targets?

(not relevant question)

The United States is not legally allowed to use "shoot-to-kill" force or launch deadly military strikes on drug-trafficking boats in international waters. '

The Baseline Rule: Lethal force is restricted to self-defense or the defense of others if the suspects present an immediate threat of death or serious physical harm.

Disabling Fire: To stop a fleeing boat, law enforcement is permitted to use "disabling fire" (such as firing at the engines or using boat-trapping nets), but they must explicitly minimize the risk of injury or death to the crew. Carrying illegal narcotics alone does not carry a death penalty, nor does it justify lethal force.

The US has killed over 160 people illegally using airstrikes. so far.

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

#639

Post by solumunus »

antonvs wrote: post #560
nradov wrote: post #498

Earlier quoted context omitted.

The primary US strategic war goal was to slow down Iran's nuclear weapons program. That was not a smart reason to launch an attack, but the attack was at least somewhat successful in achieving the goal. Much of Iran's critical equipment is now destroyed or buried, so from the US perspective that's at least a minor, temporary strategic gain. I'm not claiming that any of this was a good idea or that it will work out we…

> let's be clear about the real goals. You should watch “Wag the Dog”, a 1997 movie about a president who starts a war to distract from a sex scandal. The real goals here have nothing to do with anything Iran has ever done.

Ultimately Israel started this war. Is it a useful distraction from Epstein, sure, but that’s clearly not the primary reason for this war.
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