Donald Trump has again said that the US has “total control over the strait of Hormuz”, adding that Iran’s leadership was so hobbled by infighting that it was unclear who was in charge.
But the US president’s claim seemed questionable in the face of the seizure of two container ships by Iranian commandos and a US report warning it could take six months to clear the strait of mines.
For all those keeping track at home, that say “who cares that Trump made some cash on the side”, remember that the Iranians are playing along to this game. They’re profiting off of this chaos too and only the regular people are getting screwed.
What? Iran isn’t profiting off anything. They’re hoping they can undo their pariah state status, and they might even be able to do it, but so far they haven’t actually gained anything.
Imagine thinking that those sanctions are absolute in the age of crypto
What does that have to do with anything? There’s still no way for Iran to profit from Trump’s chaos.
They can profit from their own reaction to his chaos. They cue proxies to short markets before they initiate action to close the strait or even disagree with Trump. Proxies profit and remit funds via crypto.
I don’t think that’s realistic if the sanctions on them are even remotely worth their salt. Do you have a source for that?
Respectfully, Iran is already asking for tolls in crypto. Do you have a source that they’re not monetizing their political position?
You don’t seem to get the point. Anyone in the world can trade and bet on how the market reacts to whatever chaos comes out of Trump’s mouth; including Iran.