Post
Topic
Board Bitcoin Discussion
Re: Iran seizes 1,000 Bitcoin mining machines after power spike
by
hatshepsut93
on 30/06/2019, 11:55:42 UTC

Can this confirmed that indeed Iran is already into bitcoin now as a hedge specially as fears of a total war with US?

Did you read your own article? They sized 1000 miners, how is this a hedge if they are fighting against Bitcoin business? They've been putting obstacles in Bitcoin's way in the past, all this talk that Iran will use Bitcoin to bypass sanctions is just baseless speculation, because on practice we see that Iranian authorities are against Bitcoin, and also it doesn't make much sense how Bitcoin can help bypass sanctions - American and European companies aren't going to work with Iran, regardless of what currency Iran uses, period.