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Crypto and oil, two things I would wish would just fuck off already. Religion too.
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Crypto
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Oil
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Religion
All practically the same thing at this point.
Add bloodthirsty heads of state to the list, too.
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Another Shart of the Deal from the nine-dimensional chess player.
It’s almost like the dumbest fucking people all banded together to find one of the dumbest people they could find to “lead” this country. JFC. And they still love this asshole.
thoughts from beyond braindead
‘Hey, this guys a dumbass, and he made it to president, there’s time for me to sparkle yet mama’
“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
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.
Aptitude in arrangements
Iran doing the hard pivot to become the new Singapore was not what I had on my 2026 Bingo Card.
Theyre gonna be the new global tax haven?
Could you imagine if this is what causes the US to finally go all-in on electric?? I mean, it won’t because petrol companies own the government, but I’d still like to fantasize
Hardly, Western oil companies are making out like Bandits on this.
More likely in other countries. It will happen last in the U.S. Cause of the oligarchy and such
It won’t be long before it gets renegotiated to $5. Art of the Deal!
Haha! I can see Trump threatening over this, sending demands and walking away saying “job done” with the higher price as you point out. Priceless!
The politics of the thing aside, couldn’t they have found a currency that doesn’t burn fucktons of energy?
In the specific case of Iran and Bitcoin, using a currency that requires expenditure is actually a benefit. It increases demand for the very thing that they’re selling.
More generally, though, there are plenty of cryptocurrencies that don’t burn significant quantities of energy. Anything running on Ethereum has been validated using proof-of-stake since 2022.
I have heard that at least drug dealers are using Monero now. At least the ones that I have second hand familiarity with.
Yeah, that is the problem here.
I don’t know how many barrels of oil a ship holds, but this seems significantly less than the 2 million per tanker they were saying they were going to charge just a couple hours ago on the guardian at least.
A quick search turns up tanker capacity being between 300,000 to four million barrels. 1 to 2 million barrels being the moat common.
About 2-4 million barrels so the math checks out
No price on LNG? Probably just left that out.
