Post
Topic
Board Bitcoin Discussion
Re: Iran seizes 1,000 Bitcoin mining machines after power spike
by
eternalgloom
on 30/06/2019, 11:40:23 UTC
It's well known that authoritarian countries aren't crypto-friendly.

That's not always the case though, Belarus for example is very crypto-friendly and it's a dictatorship...
While some democratic countries can be completely against crypto.

In the case of Iran, I guess they have to do something to prevent their national currency to drop even more.
Not sure if they're already in the hyper-inflation stage, but things aren't going too well with their currency.