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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

#651
post #546

Earlier quoted context omitted.

Straits have always been points of local control. This isn't new. We will have to pay if we want to play. For all people bluster about the US being exempt, I don't see what leverage we can use that isn't more expensive than just paying up. Marinetime law is only as meaningful as can be enforced.

Bullshit. The right of innocent passage has long applied to straits. But as a practical matter very few US flagged merchant vessels even go through there, so if anyone actually pays it's going to be someone else.

> The right of innocent passage has long applied to straits.

Not even for one hundred years: https://en.wikipedia.org/wiki/Montreux_Convention_Regarding_...

In any case, the cost will be passed on to the markets. Which country claims the vessel doesn't matter much.

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

#652
post #644
post #533

Earlier quoted context omitted.

The world does have another much better option: they can pay the Iranian ransom and call it a day. No need to participate in another war.

You're not thinking through the long-term consequences of that option. The Iranian extortion fees will likely escalate over time. Other countries will use that precedent to impose fees for passage through their territorial waters. Most of the countries that rely on maritime trade would prefer to avoid that outcome, even if it causes deaths and economic pain in the short term.

The world must go multipolar. US has proved us repeatedly that it cannot lead.

It may mean that we'll have to pay tolls everywhere, but that's still better and cheaper than getting f*ked by the US now and then.

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

#653

Earlier quoted context omitted.

> After you say why you don't have a problem with the Israeli terrorists having them already. There are no "Israeli terrorists" in control of Israel's nuclear weapons, the government of Israel is certainly not controlled by terrorists like the Iranian government is. Israel also does not have a policy of destroying Iran, while Iran does have a clear policy of destroying Israel[0]. There's a clear difference in their i…

What is the definition of a terrorist and why does the destruction and genocide in Gaza not fall under that term? Cite your sources when you define terrorism, please. Also, are you just patently unaware? https://en.wikipedia.org/wiki/Greater_Israel Also you didn't state why Israel is allowed to have nuclear weapons.

> What is the definition of a terrorist and why does the destruction and genocide in Gaza not fall under that term?

There is certainly no genocide in Gaza, the destruction is clearly the end result of a war started by Hamas. In fact Hamas did have genocidal intent in their attacks on Oct 7th but did not have the military capability to carry out that intent. Israel on the other hand clearly has that military capability but not the intent.

> Cite your sources when you define terrorism, please.

There is no universally accepted definition of terrorism. Obviously that cause problems. [0]

> Also, are you just patently unaware? https://en.wikipedia.org/wiki/Greater_Israel

It's a vague expression without a clear definition.

[0] https://link.springer.com/chapter/10.1007/978-3-031-49238-9_...

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

#654

Earlier quoted context omitted.

As the nation that was attacked first, They have an unimpeachable argument for wanting to defend the rest of their territorial waters. The ludicrously escalatory rhetoric from the US President has turned this into an existential conflict. I can't take finger-wagging against Iran seriously to be honest, the idea that western powers would scrupulously adhere to international mores if subjected to a full-on kinetic atta…

> They have an unimpeachable argument for wanting to defend the rest of their territorial waters They are shooting down neutral tankers outside of their territorial water, so stop with the bullshit. If they only shot ships in their own waters traffic in Hormuz would already have returned to normal. > the idea that western powers would scrupulously adhere to international mores if subjected to a full-on kinetic attack…

Ukraine doesn't have a strategic choke point that gives them asymmetric economic leverage. Imagine that Brazil's and the world's economy was intrinsically linked to exports from the Mediterranean region, and China decided to launch a full-on war against Spain in concert with Belgium. What do you think Spain would do, sit there and suffer or make use of its geography? How do you think Spain came to be a powerful nation in the first place?

> evil GMAFB, the US launched this war in a joint effort with Israel and smoked a school full of children on the very first day. Iran is pursuing its strategic interests by exploiting its geography and inflicting pain on countries on the other side of the Persian gulf who chose to ally themselves with the US and allow the US to bases from which to launch war.

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

#655

Earlier quoted context omitted.

What is the definition of a terrorist and why does the destruction and genocide in Gaza not fall under that term? Cite your sources when you define terrorism, please. Also, are you just patently unaware? https://en.wikipedia.org/wiki/Greater_Israel Also you didn't state why Israel is allowed to have nuclear weapons.

> What is the definition of a terrorist and why does the destruction and genocide in Gaza not fall under that term? There is certainly no genocide in Gaza, the destruction is clearly the end result of a war started by Hamas. In fact Hamas did have genocidal intent in their attacks on Oct 7th but did not have the military capability to carry out that intent. Israel on the other hand clearly has that military capabilit…

"There is certainly no genocide in Gaza" -- you are directly contradicting a formal UN Commission of Inquiry finding from September 2025. This is not an opinion piece or a fringe report. The UN Independent International Commission of Inquiry on the Occupied Palestinian Territory concluded after a two-year investigation that Israel committed four of the five genocidal acts defined under the 1948 Genocide Convention, and that genocidal intent was established through direct statements from Israeli leadership including the Prime Minister, President, and Defence Minister. Your claim that Israel lacks genocidal intent is directly contradicted by the Commission's finding that genocidal intent was "the only reasonable inference" from both the statements of Israeli leadership and the pattern of conduct of Israeli forces. [0]

You said there is no universally accepted definition of terrorism. So let me use the official definition from the United States government.

The US State Department definition under 22 USC 2656f(d) defines terrorism as "premeditated, politically motivated violence perpetrated against noncombatant targets by subnational groups or clandestine agents." [1]

The US domestic terrorism statute under 18 USC 2331(5) defines it as activities that "appear to be intended to intimidate or coerce a civilian population." [2]

You say there is no universally accepted definition of terrorism, then said nothing to explain how you applied the term with such confidence to the Iranian government in your original post. By your own admission, you invoked a contested label selectively against one state while exempting another. That is a political preference dressed up as a principled argument, not anything of rigorous analysis.

Now apply that to Gaza. The same UN Commission found that Israel deliberately targeted civilians, deliberately destroyed healthcare and education infrastructure, imposed starvation conditions, and directly targeted children. That is premeditated. It is politically motivated. It is violence against noncombatants. By the U.S. government's definition, it fits.

On Greater Israel, calling it "vague" does not explain away the fact that sitting members of the current Israeli government have explicitly stated their intent to annex Palestinian territory.

Finance Minister Bezalel Smotrich said at a Jerusalem Day rally four days ago: "The time has come to finally erase the lines that separate Areas A, B, and C. The entire Land of Israel is ours." He also declared the war "must end with the expansion of the borders of the State of Israel" and called on Netanyahu to order the IDF to prepare for "full occupation of the Gaza Strip" and establish Israeli settlements there. [3]

National Security Minister Itamar Ben Gvir stated from the Temple Mount: "Conquer all of Gaza, declare sovereignty over the entire Strip, eliminate every Hamas member, and encourage voluntary emigration. This is the only way." [4]

These are not fringe backbenchers. These are cabinet ministers in the current Israeli government. This is declared policy, not a vague expression.

You still have not answered why Israel is allowed to have nuclear weapons.

[0] https://www.ohchr.org/en/press-releases/2025/09/israel-has-c... [1] https://www.law.cornell.edu/uscode/text/22/2656f [2] https://www.law.cornell.edu/uscode/text/18/part-I/chapter-11... [3] https://www.jpost.com/israel-news/article-896309 [4] https://www.timesofisrael.com/liveblog_entry/on-temple-mount...

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

#656

Earlier quoted context omitted.

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?

On the hierarchy of disagreement, attacking the character of either side is the lowest form of intelligent commentary you can make: https://paulgraham.com/disagree.html

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

If non-sequiturs are your best argument, then yes, you you have nothing to contribute by participating in good-faith speculation. Iranian child marriages do not reframe the "Tail that Wags the Dog" scenario in Washington. It's textbook whataboutism that you failed to elevate into meaningful commentary, making you look suspiciously disengaged.

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

#657
post #445
post #431

Earlier quoted context omitted.

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.

> Nobody credible said or believed Iran was making nuclear weapons.

Tell that to Iran's former parliamentary deputy speaker who said 'When we began our nuclear activity, our goal was indeed to build a bomb. There is no need to beat around the bush.'[1]

[1] https://www.dailymail.com/sciencetech/article-15732615/iran-...

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

#658
post #581

Earlier quoted context omitted.

What do you base "its international waters" on? It is considerably narrower than the 12nm limit for territorial waters.

Fair enough, seems that it is not considered international waters, but according to UN neither Iran or Oman has the right to block traffic in the Strait: "However, the strait is governed by international law under the United Nations Convention on the Law of the Sea (UNCLOS). This grants international vessels and aircraft the right of transit passage, meaning coastal states cannot suspend this movement, provided ships…

> according to UN

Very bold to use the UN as a source to defend US' actions. The same UN that Pedophile Trump denounced as a "feckless institution"?

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

#659

Earlier quoted context omitted.

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?

On the hierarchy of disagreement, attacking the character of either side is the lowest form of intelligent commentary you can make: https://paulgraham.com/disagree.html > Do you not think horrible behaviors should be highlighted/called out/brought up? Or just that US leadership Epstein connections should be? If non-sequiturs are your best argument, then yes, you you have nothing to contribute by participating in good…

I simply stated "You'd think these Epstein file guys would be on better terms with a country whose religious and political leaders sanctify that kind of behavior, not going to war with them.". Seems like a reasonable comment. They are all awful people.

Paul Graham is saying you should not call people you are in a discussion with names. If I called OP names your link would fit. Calling out a horrific regime that murders their people and rents out children under the sanction of their religious leaders is not that.

Calling the person you are in a discussion with names = bad. Call the subject of the discussion bad, when they legitimately are horrific, is normal discussion. Trump is awful. The Islamic Republic is awful. Both of those are normal and acceptable things to state in a discussion. You DeadFred are a , not normal or acceptable.

However Hacker New's ACTUAL guidelines state reguarding comments "Converse curiously; don't cross-examine." which your post seems to explicitly violate. https://news.ycombinator.com/newsguidelines.html

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

#660
post #537

Earlier quoted context omitted.

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?

Yes, the antisemites are rejoicing all over the world. Let's not confuse negativity and hatred with genuine popularity.

Israel and Zionism are genuinely unpopular.
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