Apparently the price has trebled on the local Bitcoins market. So is it rich people trying to preserve their wealth, or is it people using it for everyday purchases? Mohammad Reza Pourebrahimi, chairman of Irans economic commission, has stated that more than $2.5 billion has been transferred out of the country via Bitcoin. Will this be the primary function of Bitcoin as we creep towards World War 3?
I think Iranian scare that the economy might collapse once the war with US begin so they want to use Bitcoin instead, or might be the governments want to buy more weapons.