Iran says ships passing through Strait of Hormuz must pay with Bitcoin
https://thehill.com/policy/energy-environment/5821752-iran-ship-toll-cryptocurrency-strait-hormuz/
https://thehill.com/policy/energy-environment/5821752-iran-ship-toll-cryptocurrency-strait-hormuz/
9 Comments
vk6flab@lemmy.radio · 24 pts · 125d
Interesting concept, no idea if this is sourced or validated, or what the agenda of the publication is.
At this time I suspect that this is a hoax rather than a real news report. That might change with more information.
dRLY@lemmy.ml · 10 pts · 125d
Same here. Though I would imagine the real people benefiting would be people holding Bitcoin. Especially if true, since shit would jump the price massively while in effect.
vk6flab@lemmy.radio · 3 pts · 125d
Bitcoin Bros .. yeah, can't say I considered those but I'd suspect that's indeed a high probability.
Mubelotix@jlai.lu · 2 pts · 125d
Not really, 2M$ per ship isn't much compared with the size of Bitcoin 1410000M$
racoon@lemmy.ml · 4 pts · 125d
idriss@lemmy.ml · 1 pts · 124d
UnderpantsWeevil@lemmy.world · 11 pts · 125d
seedd@lemmy.world · 3 pts · 125d
Should have gone with XMR imo. Bitcoin is not sustainable.
geneva_convenience@lemmy.ml · 2 pts · 124d
XMR would have been better for them, but it's going to be fun being able to see all the transactions to the wallet.
mistermodal@lemmy.ml · 0 pts · 125d
Sigh, still on the Julian Assange-level shit. Someone tell them about the Silk Road? Whatever, if payment somehow doesn't go through, they have the guns.
Paragone@lemmy.world · 0 pts · 125d
Then they are IDIOTS at understanding crypto.
Bitcoin is the ecologically-costliest/electricity-costliest/machine-costliest cryptocoin to standardize on: it's nearly used-up.
They'd have been much saner to have standardized on some other crypto.
I'd prefer that Algorand-type ones were standard, but they can be attacked by country-level attackers.
For anybody who wants outside-the-hype-bubble view of what crypto is, & how its ecology works, PLEASE read https://www.kobo.com/us/en/ebook/attack-of-the-50-foot-blockchain-bitcoin-blockchain-ethereum-smart-contracts
The reason that Steampowered stopped taking crypto, is plain, in that book.
_ /\ _
( PS: I'd enforce that there be an Algorand-type crypto for recording accounting-records with, country-wide, so that books couldn't be "cooked" between closout-of-the-books & reporting. & I'd want to make daily closeout normal, if possible. Cisco did that, years ago, so it is possible, but some will scream against such economic-integrity measures, of course.. )