“Once the email arrives and Iran completes its assessment, vessels are given a few seconds to pay in bitcoin, ensuring they can’t be traced or confiscated due to sanctions,” Hosseini told the newspaper.
Oh shit, it’s one thing to be on the wrong side of the US Army. But the Iranians are about to be on the wrong side of Monero shills, who will loudly proclaim “Bitcoin isn’t untraceable, they should use Monero instead” from the comfort of their parents’ basement…
I think the reporter is just misunderstanding. Iran and North Korea don’t have any reason to care if you can “trace” the transaction. They just need confirmation which bitcoin is slow at so Iran should defiantly investigate better options. Ideally options that will be quantum secure by Q day
Normally under optimal network conditions. Iran has a unique set of connections to the internet, is up against the PayPal mafia and trading with the countries who tie it into fiber. It’s a strange threat model
There are several that are indeed designed for anonymity, such as Monero or Zcash. And others that have mechanisms for anonymity within them, such as Ethereum’s Tornado Cash mixer or Aztec rollup.
Oh shit, it’s one thing to be on the wrong side of the US Army. But the Iranians are about to be on the wrong side of Monero shills, who will loudly proclaim “Bitcoin isn’t untraceable, they should use Monero instead” from the comfort of their parents’ basement…
I think the reporter is just misunderstanding. Iran and North Korea don’t have any reason to care if you can “trace” the transaction. They just need confirmation which bitcoin is slow at so Iran should defiantly investigate better options. Ideally options that will be quantum secure by Q day
10 minutes is nothing in this context. There’s so many Bitcoin exchanges that it can’t effectively be stopped.
Normally under optimal network conditions. Iran has a unique set of connections to the internet, is up against the PayPal mafia and trading with the countries who tie it into fiber. It’s a strange threat model
do people honestly think any crypto is fully anon? or are they just trolls?
There are several that are indeed designed for anonymity, such as Monero or Zcash. And others that have mechanisms for anonymity within them, such as Ethereum’s Tornado Cash mixer or Aztec rollup.