Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: IRAN and Bitcoin/Alts.
by
xhomerx10
on 05/09/2019, 14:37:44 UTC
⭐ Merited by Whitly (1)
I heard, that BTC prices in Iran 50%-100% more, than everywhere else. My question is how this info close to the truth? How many people really want to buy/own bitcoins there and how safe to deal with IRAN?

 It's complicated.  You can't afford the repercussions. Don't do it.

https://www.treasury.gov/resource-center/sanctions/programs/pages/iran.aspx


It may sound stupid, but what problems in perspective could I have as a non-US citizen by dealing with Iran?  Since I free to move from Eastern Europe to Turkey and then somehow to Iran (or find someone there who will move). Cuz selling BTC with 30-40% up, sounds pretty good for me to risk.

Yes, you can actually do that - travel to Iran to sell your Bitcoin at a higher premium. Buuut, they will pay you in Iranian rial in which you can't exchange to US dollars. You could buy Iranian goods like jewelries or some other high-value items, but you will have a hard time bringing it out of the country.

 Ah, let him go.  He seems like the Indiana Jones type person... he'll be fine.

edit: Indiana not Indian