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Is this Breitbart comments what's going on here?
Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
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Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#82[flagged]
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Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#83[deleted]
Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#84[flagged]
“ ABC News’s Jonathan Karl asked Trump if he approved of Iran’s plan to charge vessels a fee for passing through the strait — a key channel through which roughly 20 percent of the world’s oil is transported. “We’re thinking of doing it as a joint venture,” the president told Karl, who shared Trump’s response on social platform X. “It’s a way of securing it — also securing it from lots of other people. It’s a beautiful thing.””
I bet Trump will justify it as compensation for US “security” guarantees to Gulf States.
https://thehill.com/policy/international/5821343-trump-us-ir...
Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#85Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#86Earlier quoted context omitted.
So apart from all the geopolitics of it this line is interesting "few seconds to pay in bitcoin, ensuring they can’t be traced or confiscated due to sanctions,’ Hosseini added" Maybe I'm ignorant of Bitcoin but isn't Bitcoin transactions recorded in a public cryptographically signed ledger? Isn't that literally the opposite of "can't be traced"?
And if you knew the manifests (quantity of oil) for the ship, just the value of the bitcount transaction could be used for tracking.
Or, if you knew the bitcoin addresses, you could figure out exactly how much oil is being moved. I would think oil data analysts would love to have access to that data (if they don't already).
Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#87Earlier quoted context omitted.
As best I can tell, the Iranian regime and Sharif both said that they ceasefire included a cease to strikes on Lebanon, Netanyahu explicitly said that it did not, and the Trump admin, Lebanon, and Hezbollah have not yet commented either way. Links to Pakistan and Israel statements here: https://www.aljazeera.com/news/2026/4/8/us-iran-ceasefire-de...
Trump and Leavitt have both said that Lebanon is not part of the ceasefire
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Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#88Earlier quoted context omitted.
The problem is the fee has nothing material to do with the straight itself. There are no maintenance costs for the open sea. Coordination is also not a big concern, you can tell because previously ships were able to pass without incident and coordinate among themselves. Actually, this is extortion. Meaning that it is done under threat of violence. Worse yet, the US military may end up enforcing this, and collecting o…
> extortion not really; you would have to pay to run an oil pipeline through another country's territory even if that country wasn't bearing the cost of maintaining the oil pipeline the strait isn't international waters -- it's part of Iran and Oman's territorial waters
For land pipelines thiere no eqauvalent of the United Nations Convention on the Law of the Sea according to which both Oman and Iran should allow free passage of ships. And "normal" path lies on Oman's waters which dones't stop Iran from attacking ships there. The strait toll is a pure racketeering.
Re: Iran demands Bitcoin fees for ships passing Hormuz during ceasefire
#89[flagged]
Iran and the CIA are perfectly capable of moving physical or digital dollars if they wanted, there is no need for bitcoin. In fact it's much more likely for bitcoin payments to Trump to be detected than digital dollars.