Iran charges toll fees for ships passing through the Strait of Hormuz.


A fully loaded oil tanker pays $2 million each time, and they support payment in Bitcoin.

Based on one Bitcoin at $72,000,
a ship needs to pay approximately 27.7 BTC.

Under normal circumstances, about 130 ships pass through the Strait of Hormuz daily,
but now the limit is 12 ships per day.

Calculating this way,
about 333 BTC per day,
around 10,000 BTC per month,
and approximately 120k BTC per year.

It's important to note that the entire Bitcoin network mines only about 450 BTC daily.
Relying solely on this channel, Iran could accumulate Bitcoin monthly,
which is equivalent to about 75% of the network’s total monthly mining output.

A sanctioned country directly turning a key shipping route into a Bitcoin reserve channel—
this is a highly noteworthy geopolitical and cryptocurrency-related event.

Additionally, as a supplement:
Besides Bitcoin, they also support payments in Chinese yuan,
and other virtual currencies can be used as well, not necessarily only Bitcoin.
BTC1.11%
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