So is it rich people trying to preserve their wealth, or is it people using it for everyday purchases?
I doubt Iranians are buying bitcoin just to spend it. Their currency isn't in trouble as far as I know, so I don't know why bitcoin would be needed for purchases.
Will this be the primary function of Bitcoin as we creep towards World War 3?
They're sending bitcoin out of the country? Is there a mass exodus of Iranians happening or what? Where are they sending their bitcoin to? It would make sense that people would use bitcoin for cross-border transfers, since that can be done relatively anonymously, but I'm wondering what the purpose is for doing so.
And as I wrote in a couple other threads dealing with this situation, I'm very much hoping WWIII doesn't get kicked off here. I don't know what the hell Trump is thinking, but I don't think like a psychopath so I'm at a disadvantage.